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What Exactly is Bitcoin?Bitcoin has gripped the world with its rapid price rise. Bitcoin is the first digital cryptocurrency that allows payment through a peer to peer network. Operating on a decentralised network on blockchain technology, it functions independent of bank or government. Bitcoin provides the advantage of security, anonymity and expedience over fiat currency.
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What Exactly is Blockchain?Blockchain is a revolutionary invention of the 21st century, representing a new, faster and morfe secure way to handle information and data. Blockchain is the block record of information and data on a distributed database that is linked and secured with cryptography. Collective network nodes verify data independently to form a consensus. Information can’t be manipulated once recorded.
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Is Verge the Next Cryptocurrency to Watch?Verge currency is looking to build on Bitcoin. Prioritising privacy, Verge offers an efficient and secure form of everyday payment.
With Verge currency, businesses and individuals have flexible options for sending and receiving payments. With a flip of a switch, we offer helpful integrations and tools that enable them to handle large scale transactions between merchants and small scale private payments. |
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Japan & Cryptocurrency ExchangesThe $500 million hack on Coincheck exchange has pushed the Japanese Financial Services Agency to require cryptocurrency exchanges in Japan to report all risks regarding their security, leading to nearly 20 exchanges with full authorization from the FSA to continue operating, whilst nearly 16 other crypto exchanges, currently only have a provisional license to operate.
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What Exactly is Mining?Mining is the verification and validation of transactions in cryptocurrency networks. The cryptocurrency mining process can be under taken by anyone who is involved with the blockchain network. There are now 3 main different types of mining which can be used to reap profits; Solo Mining, Pool Mining and Cloud Mining. Each mining method has its own set of pros and cons, but finding the one that best fits your needs has the potential to yield high profits.
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*Please understand that the information on this site does not constitute financial advice in any way.