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Showing posts with the label Proof of stake

Why Crypto Is The Future

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Why Crypto Is The Future If you been keeping up with my Instagram or just crypto news in general you would know crypto has been doing good recently in the news and in the market. Well all that good news means something. That's exactly what I wanted to discuss today. All this doesn't just mean nothing. What I believe is that this is just further proof that crypto is becoming more adopted in society and is becoming the future. This is why in todays blog I'm going to go over why I believe cryptocurrency is the future of our world. Let's now get into todays blog. Recent News One of the main reasons why I believe cryptocurrency is becoming the future is because of all the recent news and publicity around cryptos recently. If you haven't heard a lot of financial institutions and people of wealth and influence have been adopting cryptos and making them a part of their main investments strategies and portfolios. Some examples are things such as JP Morgan allow...

What Are Altcoins

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What Are Altcoins In todays blog I wanted to cover a topic that is very important when it comes to investing into cryptocurrency. That very topic is what we call in crypto community altcoins. Now I'm sure many of you have heard of altcoins if you have been into crypto. Most noobs and beginners are uninformed about these type of cryptos. Most of the time the noobs and beginners either focus on the main cryptos like Bitcoin and Ethereum or shit coins like baby doge or sum other bullshit crypto. On this blog we are serious cryptocurrency investors and traders so we talk about only cryptos that are safe and bring in profit. So that's why I decided to cover our topic today. Lets now get into the rest of the article.       Why Altcoins even exist To understand why altcoins even exist we first need to look at bitcoin. When bitcoin first came out and was attracting attention to itself it was really under developed at the time. First it had no uses or utility beside...

What Is IFarm

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What Is Ifarm In todays blog I'm going to go over exactly what the IFarm cryptocurrency is. As I'm sure most of you know it's one of the two main cryptocurrencies on Publish0x. See before I had used publish0x as a blog I never heard of the IFarm crypto. I'm sure that went for many of you as well and maybe some of you haven't heard of it before this blog. So that made me very curious to figure out what I was being rewarded by this platform. So that's why in todays blog we are going to find out what is IFarm.    Why Was  IFarm  Made So before we get into anything you need to understand what DeFi Is. DeFi is decentralized finances unlike banks which are centralized and are backed by national banks. But the thing about most cryptos is that their decentralized. Which helps cut down on fees and really helps when it comes to liquidly. So in layman's terms it's just cheaper then main stream financial institutes. So this allows you make more profits and helps pro...

Underdog Cryptos On Nobody's Radar

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Underdog Cryptos on Nobody's radar In my blog today I'm going to be discussing with you some cryptos I think everyone should think about investing into today. Now Before we get into anything I wanna begin with saying I'm not a financial advisor and that this isn't financial advice. So use my research it with your own research and come to your own conclusions. Don't ever invest until your sure and have done the proper research. I wanna also begin with saying I would never tell you to invest into a coin without me investing my own money and coming to my own conclusions and results. I would never invest into a coin that could flop or become a scam as we are all about making passive income here on my blog. So to finish off none of these coins are not shitcoins and I will never mention shitcoins or write about shitcoins ever on my blog so lets get into these under dog cryptocurrencies.  Internet computer (ICP) Now let me say that this coin is a large chunk of my cryptocu...

Why Proof of Stake is better Then a Saving Account

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Why Proof Of Stake Is Better Then A Saving Account So You probably have heard all about staking if you been getting into crypto or I know if you been reading my blogs you know what proof of stake is. If you don't let me explain it to you real quick. What Proof Of Stake is in layman terms a crypto savings account you can set up with a coin that supports it. Coins like Ethereum and Ethereum 2.0  are the most famous for staking. Many coins are now moving towards this now instead of the old and not as reliable Proof of work or just simply known as mining. This is because Staking is faster for the blockchain then mining and it allows for everyone to profit not just miners which most of the time need serious hardware to see any profits. This is one of the reasons why staking is so popular but it also helps back the coin's value too so your giving back to the community while staking. That is why it's gaining so much popularity recently amongst people. This is...

How Is Crypto Made

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 How Is Crypto Made  In todays blog I'm going to explain to you how cryptocurrencies are made and earned through the proof system. I'm going to discuss with you the different types of proof types there are. I will also explain how they all work in detail so you understand everything.  Proof of work If you keep up with crypto or even my blog then you have heard this word before. To make it easy to understand think of proof of work like this. If you were to mine crypto you would need the hardware required to mine it. Different coins have different hardware requirements so the hardware requirements aren't universal for all coins. Not to mention as well that some coins require whole GPU miners dedicated to mining for even a the slightest profit for example bitcoin. Although most profitable coins can be mined profitably using a decent machine like a gaming pc/laptop or the latest consumer desktops. How the mining process works speci...