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ANALYSIS OF DAILY TRANSACTIONS OF THE CRYPTO MARKET PUT USERS ON ALERT

Crypto assets have been going through ups and downs, which in many cases have left high levels of anxiety in their investors, which exposes the volatility of the digital financial market without discouraging novices and experts interested in investing in cryptocurrencies. When talking about transferring value, it refers to the fact that in the crypto…

ADVANTAGES THAT EXIST ABOUT THE PEER- TO -PEER

Cryptocurrencies have been characterized by being decentralized; a digital money option that for many could be considered impossible is a reality today. Financial transactions are usually controlled by a financial entity, which leads to transactions that require the approval of a third party, in addition to generating commissions that could be pretty high. Click Here…

AFTER THE BANKRUPTCY, WHAT HAPPENS WITH USERS’ BITCOIN?

The instability evidenced during this year 2022 by cryptocurrencies has led many companies dedicated to crypto loans and others dedicated to this sector to freeze their operations, and some even declare bankruptcy. This business scenario did not contribute anything to the situation that cryptocurrencies had been going through; on the contrary, it generated more complications…

Is Crypto-Currency Illegal? Why Or Why Not?

Cryptocurrency is still a very new technology, and its legality is still being debated. If you are finding a way to mine Bitcoin, then use the most reliable and ideal trading platforms. Some countries have made the use of virtual currency illegal, while others have not yet issued a formal ruling on crypto-currency.  Cryptocurrency is…

Should The Government Classify Bitcoin as A Legal Currency?

In November 2018, the U.S. government proposed a new bill that would classify virtual currency as a commodity, not an investment, for tax purposes. This is significant because it would help determine how to regulate cryptocurrencies and what investors stand to gain or lose when participating in digital currency platforms. In terms of law, there…

How Often Do Blocks Get Added to The Bitcoin Blockchain?

The Bitcoin network automatically adjusts how difficult it is to find new blocks by increasing or decreasing the difficulty every 2,016 blocks for roughly two weeks. This ensures that there is 14 days’ worth of transaction data across the network before any given 2016-block period starts earning miners their first reward for creating new blocks….

How Is Ownership of Bitcoins Verified?

People trying to hide from the law can use bitcoins because law enforcement agencies cannot track down individuals using this particular cryptocurrency. Verifying ownership of bitcoins uses a combination of public and private keys. Public keys are used to verify that you own the bitcoins in an address, and private keys are required to authorize…