The primary word associated with Bitcoin is decentralisation. This means that with no central authority presiding over its flow and distribution, the question on the mind of many is where do Bitcoins come from?
It is easy to understand that fiat currencies are everywhere because Central banks are there to decide when and how to print and distribute them. Bitcoin is a virtual currency which means you don’t get to see them in
The crypto community consists of vibrant and selfless individuals who are willing to go to any lengths to contribute to the mainstream status of cryptocurrency. So also exist some bad eggs, which are using crypto as a mask for their scams and fraudulent schemes. One could argue that the prevalence of scams in the crypto space is as a result of the unavailability of regulations upholding ethical practices in the space.
Troy Kent, a threat researcher at Awake Security, presented findings at the InfoSecurity North America Conference in New York earlier this month. His findings pertained to various crypto mining software venerability’s which could allow hackers to access computers on which the software is running to steal files, intellectual property, and even login credentials.
The South China Morning Post (SCMP) reports “One
Facebook’s relationship with the crypto space has caused a lot of controversies recently. It is one of the biggest tech companies in the world and therefore commands the level of firepower that could either make or break concepts that attracts its attention. While Facebook has done tremendously well in facilitating a conducive environment for budding technologies, yet it remains skeptical of the viability of cryptocurrency.
Blockchain is not just a difficult idea to grasp for those unfamiliar with the word, but it also has an intriguing backstory that lends it an air of mystique about it. The design was the underlying concept of the future of blockchain technology, which functions as a decentralized public ledger. This technology, like any other, has a past, a present, and a bright future to consider, just like any other technology does. Conside