Learn more about moneyandinvestments with this collection
How to develop a healthy relationship with money
How to create a budget
The impact of emotions on financial decisions
The Mining Process
The process of 'mining' is used to add new capital in the cryptocurrency database.
Mining is a verification process that works on the blockchain using a massive amount of computing power. The 'miners' who use such strong computing power 'earn' cryptocurrency for each verification.
101
436 reads
MORE IDEAS ON THIS
A Work in Progress
Cryptocurrencies are new and constantly improved due to their digital nature.
Blockchain, the revolutionary technology is now being applied to increasingly complicated work.
Example: Ethereum Blockchain work is a decentralized verification process for contracts.
94
379 reads
The Value of Cryptocurrency
Digital currencies are tricky when it comes to their value.
Initially, they had value due to their being encrypted and secure, and now there is some fluctuation.
Cryptocurrencies have an intrinsic value mainly because of the mass adoption of the currency and the buyers, who sp...
110
488 reads
Cryptocurrency Explained
Cryptocurrencies are a new, digital, and secure form of currencies. They have special encryption techniques that make them virtually impossible to be tracked or be stolen.
Cryptocurrencies use a revolutionary method of encrypted digital distribution known as 'blockchain'...
135
906 reads
Criticism of Cryptocurrencies
Cryptocurrencies have been in the news for the wrong reasons, leading to many attempts to demolish or regulate them.
The underlying technology of cryptocurrencies makes it undeniably powerful and disruptive, and this will increase as technology moves forward.
90
377 reads
Blockchains
- Cryptocurrencies work in a decentralized form due to the technology engine called Blockchain.
- Digital ledgers add on to all the transactions happening digitally, and they can be having tons of information stored, due to them being digital.
- The problem of security is handled b...
104
372 reads
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Blockchain: From Energy To Banking
- Steve Wozniak (of Apple fame) is using blockchain to power its new company which aims to increase energy efficiency.
- Mining of coins, a process that produces cryptocurrency is also being handled by blockchain technology.
- Many startups are finding myriad uses of this new techn...
What are liquidity pools used for?
Pooling liquidity is a profoundly simple concept, so it can be used in a number of different ways.
- One of these is yield farming or liquidity mining. Liquidity mining has been one of the more successful approaches. The tokens are distributed algorithmically to ...
Automate the process
To further reduce the time spent on each process, invest in automation. Like Codewit(a code school), you can set up a system for responding to student applications in real time. Transitioning from manually sending emails to every new student who registers for their courses has reduced the amount ...
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