IBM stands as a global tech giant, and has recently made a partnership with KAYA&KATO. This partnership will be for the creation of a network based on blockchain that will track the sustainable production of clothing, aiming to bring transparency to the creation process at large. Creating A New Network To Show Sustainability Not only will these…
Bitcoin Cash Undergoes Hard Fork
Bitcoin Cash (BCH), a spin-off of Bitcoin created in 2017, has undergone yet another split. Previously, in 2018, BCH split into Bitcoin Cash ABC and Bitcoin Cash SV. The planned hard fork happened on Nov. 15, splitting the Bitcoin Cash network into two separate chains — Bitcoin Cash Node (BCHN) and Bitcoin Cash ABC (BCH ABC)….
What can you do with cryptocurrency
In the past, trying to find a merchant that accepts cryptocurrency was extremely difficult, if not impossible. These days, however, the situation is completely different. There are a lot of merchants – both online and offline – that accept Bitcoin as the form of payment. They range from massive online retailers like Overstock and Newegg…
How Does Cryptocurrency Work?
Transactions are sent between peers using software called “cryptocurrency wallets.” The person creating the transaction uses the wallet software to transfer balances from one account (AKA a public address) to another. To transfer funds, knowledge of a password (AKA a private key) associated with the account is needed. Transactions made between peers are encrypted and…
What is Cryptocurrency
– Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability. – The most important feature of a cryptocurrency is that it is not controlled by any central authority: the decentralized nature of the blockchain makes cryptocurrencies theoretically immune to…