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The Ledger: Blockchain use cases on the rise

The Ledger: Blockchain use cases on the rise

This week a report by the Financial Conduct Authority (FCA) in the UK which found that for 69% of young investors Bitcoin (BTC) and associated cryptocurrencies was akin to a form of gambling. The statement reflects a broader media-driven hype towards the crypto sector...

The Ledger: The week that was in crypto

The Ledger: The week that was in crypto

The week ends on another appeal to the powers that be arguing that crypto regulation would pinpoint the exact value of the industry and help it progress. Coinbase argued on Thursday that a new crypto regulator should be created, independently from the Federal Reserve...

The Ledger: This Week in Crypto

The Ledger: This Week in Crypto

A full week has gone by with a lot happening in the world of crypto and blockchain. For starters, we saw a lot of reassuring regulatory moves that promised to add more clarity to the constantly churning regulatory mess that is crypto law. Following a blanket ban in...

Whitelisting for NFTs Frustrating Users

Whitelisting for NFTs Frustrating Users

When tokens went live there was a high chance of making a huge return. Eager adopters rigorously tried to become part of every project as early as possible. During the ICO craze, in 2017, users pushed to find new projects and searched for ways to sign up for...

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Currency Prices

bitcoin Bitcoin
$56,581.00
ethereum Ethereum
$4,517.96
litecoin Litecoin
$203.52
tron TRON
$0.098
eos EOS
$3.96
funfair FUNToken
$0.018
cashbet-coin CBC.network
$0.059
wagerr Wagerr
$0.021
nolimitcoin NoLimitCoin
$0.0023
augur Augur
$0.00

WHAT IS BITCOIN?

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries. Read more here.

IS IT LEGAL?

Because of bitcoin's decentralized nature and its trading on online exchanges located in many countries, regulation of bitcoin has been difficult. The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them. Regulations and bans that apply to bitcoin probably extend to similar cryptocurrency systems. Read more here.

IS IT SAFE?

Bitcoin uses the digital signature concept along with Elliptic Curve Digital Signature Algorithm based on blockchain technology which is used to verify the transactions using digital signatures. Each investor or trader in the Bitcoin network has one or more search addresses with a respective pair of a public and private key based on their wallets. No transaction is ever deleted and will ever be deleted. Some things you need to know.

HOW DO I GET IT?

Free bitcoin wallets are available for all major operating systems and devices to serve a variety of your needs. For example, you can install an app on your mobile device for everyday use or you can have a wallet only for online payments on your computer. In any case, choosing a wallet is easy and can be done in minutes. Further reading.