Apr 23,2018 at 05:34 am
Apr 21,2018 at 06:31 am
The evolution of Bitcoin as the mother-cryptocurrency has stared up other tactical approach to building new modes of wealth generating platform that is faster, anonymous with cheaper charges to make online transactions easier and suitable for communities around the world.
One of those great inventions is DASH. Dash was created three years ago on 18 January 2014 by its developer Evan Duffield?.
Dash was originally released as XCoin (XCO). In February 2014, the name was changed to “Darkcoin”. And on 25 March 2015, Darkcoin was rebranded as “Dash”.
Evan Duffield came across Bitcoin in 2010 and was impressed by its technology. But he soon realized that Bitcoin was not private and fast enough.
One of his numerous ideas is how to make Bitcoin anonymous, knowing Bitcoin developers wouldn't allow him, figured that Bitcoin core code would need to be changed for this.
So to change this primary drawback of Bitcoin, Evan decided to use Bitcoin’s core code and build his own cryptocurrency- this is what we know of today as Dash.
Dash is unlike other cryptocurrency projects like Ethereum or Litecoin which are more of a development platform.
Dash advocates itself as peer-to-peer decentralized electronic cash. It intends to be as liquid as real cash which we use in our respective countries like USD/GBP/EUR/INR or CNY.
Dash is open-source and has its own blockchain, wallet infrastructure, and community. But unlike BTC, its transaction fee is lite
Moreover, considering the development community it looks like Dash will only remain as digital money for the internet, which is a good thing. It's the sixth most powerful cryptocurrency in the world with an attractive/fantastic market cap price.
Mining Dash is more profitable than just trading it considering its full potentials and opportunities that revolves within its community. Join the Team of Miners today to start Mining the unbeatable anonymous coin "Dash". To learn more click 'MINING DASH'.
Apr 20,2018 at 08:13 am
Apr 19,2018 at 06:01 am
Two Factor Authentication, also known as 2FA, two step verification or TFA (as an acronym), is an extra layer of security that is known as "multi factor authentication" that requires not only a password and username but also something that only that user has on them, i.e. a piece of information only they should know or have immediately to hand - such as a physical token.
In the world of increasing digital crime and internet fraud many people will be highly familiar with the importance of securing their online datas, logins, usernames and passwords but if you ask them the question "Have You Considered Two Factor Authentication?" the likelihood is they will not know what it is or how it works, even though they may use it every single day.
Using a username and password together with a piece of information that only the user knows makes it harder for potential intruders to gain access and steal that person's personal data or identity.
Using a Two Factor Authentication process can help to lower the number of cases of identity theft on the Internet, as well as phishing via email, because the criminal would need more than just the users name and password details.
Chronically, two-factor authentication is not a new invention but its use has become far more prevalent with the digital age we now live in. Recently major online platform such as Google, MSN and Yahoo announced the use of two factor authentication for their users.
Using Two Factor Authentication without tokens is called Tokenless Authentication. This type of authentication can be considered faster, quicker and cheaper to set up and maintain across many networks.
The good news is that Two Factor Authentication is now fully functional to all users on Arkonix Mining Platform, now you can enhance your account security and 2FA can also be enabled for withdrawals confirmation.
Apr 18,2018 at 06:44 am
The major purpose of Ethereum is to be a platform on which smart contracts can run. Now the question is, what are smart contracts? Let’s explain with a basic example of what Ethereum might be able to do in future.
Ethereum aims to make everyday life more efficient and cost effective by automating everyday processes and removing middlemen from the systems we use.
This could be to the financial system, the legal system, computer systems or more.
To substantiate further, let’s assume Dale has the following documents stored on the Ethereum blockchain: his land documents, his identity, and the title deed for his house. Dale had put up his land for sale and he's going to sell to his best friend Shawn. The transaction took place and also uploaded to the blockchain.
The processes that must occur to transfer Dale's land are admin intensive because there are several parties involved that are often slow and opaque. This may include legal professionals, the government, tax authorities and the property registrar.
However, because all these documents are stored on the Ethereum blockchain, something fantastic and interesting is possible. Once the payment documents is officially issued and uploaded to the blockchain, ownership to the land can be transferred to Shawn automatically by the Ethereum network.
Therefore, Shawn becomes a land owner without having to contact a legal professional.
You might conclude this is pretty overwhelming and scary but the amount of time and resources saved by not having to wait for legal professionals and the property registrar to come into contact with each other and prepare and execute this transaction is immense.
Do you think smart contracts will make life easy?
To read more about the difference between Ethereum and Bitcoin, read our previous blogs and Share to educate others.