Saturday, April 13, 2019

Cryptocurrency Exchange

Cryptocurrency Exchange is a platform that provides for the exchange of FIAT-Cryptocurrencies or Cryptocurrency-Cryptocurrency conversions. There are many Cryptocurrency Exchanges around the world. Binance is currently the largest cryptocurrency exchange in the world.

Coinbase, Bittrex, Bitfinex, and Poloniex are some of the popular Cryptocurrency Exchanges in the US. Hong-Kong based Huobi Exchange is also one of the most popular Cryptocurrency Exchange.
These Exchanges also provide a cryptocurrency wallet along with deposit and withdrawal of FIAT currency through credit and debit cards. The regulations have also improved considerably towards these platforms. For more information on Cryptocurrency Exchange visit: http://capitalinvestor.biz/

Thursday, April 11, 2019

Difference between Ripple and XRP

The main difference between Ripple and XRP is that while XRP is the cryptocurrency, Ripple is the company that releases products on it. XRP cryptocurrency was released in 2011 by Arthur Brito, David Schwartz, Chris Larsen, and Jed McCaleb. Ripple Labs Inc. was found in 2012 by Jed McCaleb and Chris Larsen to develop a payment system on top of the XRP ledger. Ripple was initiated as a direct competitor to the SWIFT network which facilitates the cross-border transactions currently.
Ripple has developed a lot of partnerships with major Financial Institutions and banks to develop a network of payments. The XRP ledger is being used by institutions like R3 as well to develop other products.

Tuesday, March 26, 2019

Blockchain Hyperledger Fabric



hyperledger fabric

HyperLeder is a project that is initiated by The Linux Foundation in collaboration with IBM. The aim of the project is to develop an open source platform for Blockchain development. HyperLegder Fabric is the codebase that combines the blockchain technology with the execution of smart contracts. The distributed ledger technology of blockchain along with transparency and immutability is ideal to increase the efficiency and security of various industries like supply chain, logistics, financial payments, safe recordkeeping and so on.

Basic Ethereum Smart Contract



Ethereum smart contract is a program that is validated and executed on the blockchain. The output of running the program usually involves a transfer of value in Ether (ETH) or the respective token. Ethereum smart contracts are validated by the miners, who earn a reward for the same. When the Ethereum smart contracts are implemented on an interactive tool to develop applications, it called Decentralized Application. The applications are decentralized because their execution and validation involve a democratic consensus mechanism.

ethereum smart contract

What is Ethereum Mining?



Ethereum Mining

Ethereum mining is a process by which transactions on the Ethereum Network is verified in exchange for Ether (ETH) rewards. The Ethereum mining process is ASIC resistant, hence, only a series of GPUs can be used to combine the hardware for mining. Moreover, mining is a capital intensive business with a fixed variable cost of electricity. Furthermore, Ethereum will soon shift to PoS (Proof of Stake) technique where the instead of mining, forging will take place on the network. Find more on this topic visit: https://tinyurl.com/y3nwaof6



Difference between Blockchain and Distributed Ledger Technology



DistributedLedger Technology (DLT) is a cryptographic technique to reach consensus between different nodes or servers. A single identical ledger or information is shared across all nodes of the network. Each node verifies the information or ledger independently. Therefore, a consensus is reached only when the information verified by the nodes give the same output in the majority. The nodes attempting to change the facts of the smart contracts or transactions are boycotted eventually. Distributed Consensus is the first step towards a decentralized democratic financial governance system. 

Distributed Ledger Technology