What is Cryptocurrency? Cryptocurrency is a form of digital money. Popular forms of Cryptocurrency include Bitcoin, Litecoin and Zcash. It is an internet-based medium of exchange which is very securely encrypted and uses a decentralised control method. Cryptocurrencies are stored by means[...]
Blockchain. Everyone is talking about it, but do we really know what it is or what effect it’s going to have on society? In simple terms it is described as a platform that allows the digital distribution of information from one party to another without the information being copied. In more[...]
At the core of a cryptocurrency, is a mathematical problem, an algorithm. Different currencies such as Bitcoin and Litecoin, have different algorithms with SHA-256 being used by Bitcoin whereas Litecoin utilizes Scrypt. Miners solve these algorithms through specialised hardware. How Mining[...]