Tag: cryptocurrency

Cryptocurrency To Take New Shape In India With Reliance JioCoin!

Cryptocurrency To Take New Shape In India With Reliance JioCoin!

News, Tech World
Cryptocurrency: Will this make the next generation money or just a fad? According to Indian Government, the functioning of cryptocurrency is under the ban. Using it would be an act of money laundering. Hence, most of all may not be much aware of it in details. Globally, it is scaling heights of becoming accepted, mostly due to the unparalleled success of Bitcoin. For the past few months in India, cryptocurrency has invited interests as well as criticism associated with it. Before diving into the direct content let us quickly take a look at the concept of cryptocurrency. The inventor of cryptocurrency, Satoshi Nakamoto on 09th January 2009, said; "Announcing the first release of Bitcoin, a new electronic cash system that uses a peer-to-peer network to prevent double-spending. It’s c
Bitcoin Announces Split Into User Activated Hard Fork ‘Bitcoin Cash’ On August 1

Bitcoin Announces Split Into User Activated Hard Fork ‘Bitcoin Cash’ On August 1

News, Smart Deals, Tech World
Bitcoin's Split Into Crypto Currency Bitcoin Cash: Bitcoin recently announced its split into user activated hard fork called 'Bitcoin Cash' on August 1st, despite Segwit2x's current progress. This means all owners of Bitcoin (BTC)  at the time of the fork will now own Bitcoin cash (BCC). For example if someone had 10 Bitcoin earlier will now have 10 Bitcoin along with 10 Bitcoin Cash. By August 2, South Africa's leading Bitcoin exchanges, AltcoinTrader, already gave all clients holding Bitcoin their equivalent Bitcoin Cash. What is Bitcoin Cash? It is a cryptocurrency token due to user activated hard fork (UAHF) that will bifurcate the Bitcoin block chain into two branches. It came to existence as an answer to the years-long debate among the Bitcoin community regarding the