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The Ledger: Could Bitcoin crash to zero?

The Ledger: Could Bitcoin crash to zero?

Bitcoin's price in the past several months has been going one way, and that is up. The currency’s latest surge to $63,729 has brought the crypto market cap to $2.25trn. Naturally, the question of how long the currency can continue climbing before crashing is now front...

The Ledger: Will NFTs really appeal to us all?

The Ledger: Will NFTs really appeal to us all?

It has been an interesting week and one filled with news about non-fungible tokens (NFTs). Just like NFTs have are immutable in nature, so it seems the trend of digital assets is one that is only going to gather momentum. Everyone is looking for a slice of the market...

The Ledger: Is Bitcoin an environmental catastrophe?

The Ledger: Is Bitcoin an environmental catastrophe?

No matter how invested you are in cryptocurrencies, you probably know that Bitcoin's proof of work consensus has made the currency a rather tough nut to crack. In fact, by one estimate, mining Bitcoin consumes as much electricity as Argentina does in an entire year....

The Ledger: Is Anonymity Feasible for CBDCs?

The Ledger: Is Anonymity Feasible for CBDCs?

This week saw a torrent of developments in the crypto world and the news that caught our eye was the announcement that China is planning to forge ahead with its central bank digital currency (CBDC) known as the digital yuan. Now, digital currencies are coming. There...

The Ledger: Were investors smart to invest in Bitcoin?

The Ledger: Were investors smart to invest in Bitcoin?

The past week was filled with interesting developments. The Bitcoin bull run continues to dominate the headlines with big names in the world of finances sticking to cryptocurrencies and new ones taking tentative steps in the crypto investment world. Yet, the question...

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Currency Prices

bitcoin Bitcoin
$55,512.00
ethereum Ethereum
$2,148.80
litecoin Litecoin
$253.22
tron TRON
$0.126
eos EOS
$6.51
funfair FUNToken
$0.035
augur Augur
$36.24
wagerr Wagerr
$0.090
cashbet-coin Casino Betting Coin
$0.082
nolimitcoin NoLimitCoin
$0.013

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.