Category: Cryptocurrency

adminMarch 31, 20205min1010
Monero (XMR) has successfully hardforked on November 30th, at block number 1978433. The fork has changed the CryptoNightR mining algorithm to the new RandomX Proof-of-Work algorithm.   Although the main aim of the upgrade was keeping Monero completely resistant to ASIC mining, thus maintaining the coin decentralized, RandomX has essentially moved XMR mining to CPU, […]

adminMarch 9, 20203min1710
Today 87% of the maximum possible number of bitcoins has been produced (bitcoins cannot be generated infinitely, their maximum number is limited by mathematical function and profitability of their mining is catastrophically low. In fact, the only reliable way to earn money on creating crypt currency is to eliminate intermediaries and their commissions, the main […]

adminDecember 8, 20195min2230
The forces that support fiat money system look fragile, and over the next decade some of them may disintegrate. As a result, the demand for alternative currencies – from gold to cryptocurrencies – will grow, as the German banking giant Deutsche Bank said in its report “Imagine” 2030. “Despite the fact that many people complain […]

adminNovember 25, 20195min2150
Facebook Corporation plans to enter the virtual money market with its own cryptocurrency. Compared to many existing coins, Facebook’s cryptocurrency should become a full-fledged alternative to the traditional money. It is based on blockchain technology. The cryptocurrency is named Libra, although it was unofficially called GlobalCoin before its announcement. The company has made serious preparations […]