TRON and the disruption it offers

TRON is a project that aims to disrupt the online content market. It aims to empower the user to decide on the content one would want to watch. Hence, it focuses more on the entertainment distribution network. It basically wants to create an environment where the user-created content will be shared as per the choices the creator makes. This way, they are able to eliminate intermediaries and middlemen who make more gains over what other people create simply because they provide the platform.

Creating value for content makers is a major step in the project’s agenda as it transforms how the world interacts through the internet space. Disrupting this economy brings about one major benefit – freedom from censorship. TRON investment has a long-term advantage. As the world continues in the decentralized direction, platforms like this remain on top of the CDN industry. Another important feature is that it is cross-blockchain compatible with other networks.

The current market rate of TRON is $0.0133 with a potential profit percentage rise if almost 162%.

To buy TRX is quite a simple exercise as it is listed in more than 20 cryptocurrency exchange platforms, which makes it an extremely popular token and it is also being paired more with BTC and ETH. Very few exchanges allow trading with USD and USDT. To buy, you simply need to register on any of the exchanges that list the crypto-asset, then purchase using BTC or ETH as the case may be.

Once the coin has been bought there are two different storage options to choose from:

1) You could decide to store on a web wallet like Myetherwallet (since it’s an ERC20 compatible token), or on exchanges where they are listed. More so, there are some mobile wallets, that can also be used, so it’s safer to transfer the asset to a mobile wallet than to store it on exchanges.

2) Another option, which is the most secure one, is the use of a hardware wallet like Tezor or Ledger Nano S, which provides more security to crypto assets. With the arrival of TRON, the ownership landscape is bound to change. There will be more freedom attached to creativity as a third party hold will reduce drastically. This will hold good for the online entertainment industry. Blockchain and the advantages it brings to provide a level playing field both among the consumer and the platforms that provide the space.

Daedalus Wallet Review

So while the world is going Ga Ga over Cardano and its many disruptive features, one big feature they are absolutely overlooking is the wallet that stores the Cardano tokens. Daedalus.

Daedalus, is the optimal wallet that is used to store ADA coins.

What is a wallet?

The online wallet isn’t the same thing as the leather one in your pocket, though they function similarly. Digital wallets store digital money or cryptocurrencies.

Each cryptocurrency needs a wallet compatible with it. One cannot store any digital currency in any wallet. You also need to choose between software and hardware wallets. Software wallets are online applications, while hardware wallets are a separate device that can be connected to a computer via USB. One such wallet is the Daedalus wallet. It is a software which is compatible with Cardano and our review today will throw some light one it.

What is Daedalus?

Daedalus is the name of the wallet that is compatible with Cardano. You may ask what is Cardano? Well it is among one of the most  respected of cryptocurrencies in the world. And the only wallet supporting it is Daedalus.

It was developed by the Cardano network to provide the highest form if encryption to its users. Daedalus is also a multi platform web-based device. That would mean it can be accessed from anywhere making truly democratic in its functionality.

Daedalus has gained immense popularity within a pretty short span in time because of the wide range of features it offers users. Users can manage the wallet easily and securely using several high tech features. Organizing and recovering funds are also easy. This convenience and ease of use makes Daedalus such a well known Cardano wallet. Also the fact that its multi platform makes it even more of a darling of the Cardano community.

On an extremely basic level, Daedalus is similar to any other cryptocurrency wallet. It lets you store data like private keys for easy access. Also, since Daedalus is an online wallet, it is much easier to use compared to a hardware wallet. You can access the account from any platform and browser from anywhere in the world for instant access to funds.

The three main criteria that Daedalus meets are Protection, convenience and instant service. This what makes it one of the best wallets in the cryptocurrency universe.

Cardano Foundation is based in Switzerland and was founded in 2015.

How to buy XRP on upholding?

Uphold is one of the most popular wallets to have hit the market. It is also one of the early wallets to launch full support of XRP.

So how does one buy XRP on upholding?

Before we delve into the process pertaining to buying XRP on Uphold, let us quickly look at the advantages a user can get by using an Uphold account.

  • As an Uphold member, or can deposit/withdraw XRP instantly from any external XRP ledger address.
  • Buy XRP instantly through its numerous/ funding methods: bank transfer, debit/credit card, and seven other supported cryptocurrency network rails.
  • One can also convert XRP between any of the 30+ supported currencies within their Uphold wallet
  • Hold XRP within their Uphold wallet

So let us now have a look at how to buy XRP on Uphold:

  • Login to the Uphold account
  • Select the action you wish to undertake. You can add card or currency.
  • Select XRP for this is what you are looking for.
  • Once you have created, you can go ahead and fund your XRP card.

How do you do it?

Fund via ACH and Lock in the current market rate.

It takes around 5 to 7 working days for the transaction to get completed.

Fund via SEPA

This will take 3 to 5 days for the entire transaction to complete.

One can also use the credit or debit card to USD/EU card and transfer to one’s XRP card.

Buying XRP used to be a difficult proposition. With the advancement of technology, exchanges had begun to add more cryptocurrencies to their list. XRP was added to their list. Exchanges like Coinbase and Binance have added XRP to their transaction chart.

Cryptocurrency, as per financial analysts, is the future of financial transactions. Based on blockchain technology, cryptocurrency helps quicker turnarounds and almost nil transaction fee. Also, there is no third-party oversight. Because of this feature, it has become an extremely popular model.

The appearance of Bitcoin changed the crypto scene. Following it were Litecoin, Ethereum and Ripples or XRP. With it a propensity to surprise, cryptocurrencies have become a darling to investors. And with greater innovation, a magnet to techies and nerds. As per a Twitter poll, 51% of respondents wanted XRP to be a part of Uphold. XRP can be exchanged with any other cryptocurrency at no extra fee. Uphold is already working on the next phase of integrating the XRP system with theirs.

Lost and Found

Cryptocurrency, as the name suggests, is a cryptographically secured currency, fully virtual by nature. It is based on the blockchain technology and is turning out to be a major disruptor in the field of financial transactions.

The transactions in cryptocurrency usually take place through wallets which are secured through passwords, one has to, you guessed it right, remember. And the unthinkable happens. You have a brain freeze, and the password to your wallet, which I believe had a substantial amount of coins, in it, is forgotten. Poof. Gone. So what is the way forward? How do you get back access to your wallet? Before we get to that, let’s understand what is a Bitcoin wallet?

The Bitcoin Wallet

A Bitcoin wallet is simply a collection of Bitcoin addresses and it stores the key to those addresses. Important to know that there are quite a few types of Bitcoin wallets, each having its own level of security. There are desktop wallets, mobile ones as online services.

Now, what happens if the password is forgotten and your service provider is not able to help you out.

A quick guide to a few things you can do:

  • Make an attempt to log in with every possible password combination you remember using or probably have ever used.
  • Make use the 12-word Wallet Recovery Phrase to create a new wallet. It will contain all the Bitcoin addresses and balances of your previous wallet.
  • If everything fails then as a last resort use a password cracker to hack your wallet. This is not advisable at all as the first solution though. Last resort I did say.

Brainwallet! What about it?

A brainwallet is nothing but a cryptocurrency key, created by the user itself, through the password or passphrase. The key is then transformed into a 256-bit number based on the SHA-256 hash algorithm. Now since SHA-256 is a deterministic method, users can always use the same password to recreate their private key. However, now there is one thing you need to take care of: using this method would mean security of your Bitcoin wallet would now depend on how unpredictable your password would be.

Final Verdict

Quickly get hold of the latest file of your wallet

A list of all the probable passwords that could be

A CPU that imitates Flash Gordon or someone quicker

A good amount of time to be spent

And of course, patience.

However, do not forget the password cracking tool. Two of the best right now are John the Ripper and Hashcat.

Having known the methods to recover your password, go invest.

In the crypto dominated-world!

Banking has been around for centuries. From the taxation systems, if the ancient feudal systems to the Knights and their associates collecting toll from peasants, banking has come a long way. The current banking infrastructure is a huge monolith spread over continents, catering to over 60% of the world’s population. However, with great powers come great responsibilities. Though the institution of banking has evolved, it’s robustness has also given way to officiousness and excessive bureaucracy. Also, with excessive oversight, it has become intimidating for the simple depositor. At such time, the cryptocurrency is born. It did appear on a minuscule scale way back in the late 80s as Ecash, but it really bloomed when blockchain, as a technology, appeared. Based on the concept of universal ledger or blocks, this meant multiple consensuses were available to oversee a transaction. Hence, security wouldn’t be an issue.

The cryptocurrency was digital currency, which was essentially a peer to peer, decentralised system. It gave unbridled freedom to the participants. And since, there was no third-party authority, it had a quick turnaround. The transaction cost was next to nothing too. It was a direct challenge to the establishment, that had ruled the roost for ages.

However, naysayers have put their fears across vehemently. And they have value reasons for it.

Cryptocurrency puts too much emphasis on technology. In the event of a catastrophic failure in systems, the investor has a possibility of losing his or her entire portfolio. While the banking system thrives on creating innumerable backups, cryptocurrency does not have that opportunity.

Also, one of the primary reasons which made cryptocurrency popular, the unbridled freedom, has become its panacea.  Because of the lack of oversight, money laundering and frauds had a field day. Also, illegal transfers for anti-national activities found a new mode of communication. Regulating this system is the only way out, screams the critics. With Bitcoin commanding more than 50% of the market cap, diversifying the portfolio from the perspective of an investor, also is a hindrance. Moreover, the current system does not allow cross investments, ie. From fiats or government-controlled instruments to cryptocurrencies. This becomes a challenge in the case of creating liquidity.

However, the banks have realised the potential of cryptocurrencies and symbiosis may be in the offing, albeit in a limited manner.

Cryptocurrency does have the ability to transform banking. But it will require some canny workaround to satisfy all stakeholders.

Key factors to note before investing in Cryptocurrencies?

People invest in cryptocurrencies for three primary reasons:

  • You want to hedge your net-worth against the fall of the Dollar, which is assumed by many people to inevitably happen at some time. This forms the basis of your intentions.
  • Who would not want free and hard money for the entire world? Cryptocurrencies have created such an environment and you are sold on it.
  • The technology behind this marvel of creation has intrigued you no end. And yes, you would now want to be a part of it.

But what stops you from going ahead and investing in it is primarily the lack of knowledge. You are unaware of how things work. Let me give you a quick brief of how to invest in cryptocurrencies.

Investing in Crypto

Invest only as much as you can afford. Do not overestimate cryptocurrencies because this is not a normal investment. The volatility of cryptocurrencies far outstrips other forms of investments. Hence, caveat emptor.

There is more to life and cryptocurrency than Bitcoin. Till 201, Bitcoin ruled the roost. It still does but the market share has fallen to 50%. The other coins are called “ Altcoins” and can be equally lucrative.

Thirdly, it is important to go through the whitepapers of all the coins that you wish to invest in. A great whitepaper is a sure shot sign of successful project, while a poorly written one is not.

After you have read the whitepaper, a few decisions need to be made:

The value of the project and what it is bringing into the ecosystem. One of the best examples of positive utility is Ethereum. One of the reasons why it took off with flying colours is because of the platform it provides to developers to create their own Dapps.

Three things one must look out for before investing in cryptocurrencies are the following:

  • Privacy
  • Scalability
  • Interoperability

The usage and importance of Tokens also need to be taken into account. Ask yourself whether the project requires tokens or not. This is to ensure that you are getting good quality tokens.

The three commandments of investigating in tokens are:

Roles

Features

Purpose

When you buy a token there are certain features that are given to you:

  • Right
  • Value Exchange
  • Toll
  • Currency
  • Function
  • Earnings

These are the properties that one has to maximise in order to get the most of the tokens in possession.

How Blockchain Can be Used in the Education Sector

How can Blockchain be used in the education field 

Blockchain has kept their feet on every possible thing, including the education field. Blockchain plays an important role where it is very much useful in the education field. Below given are some of the top reasons why Blockchain is useful in the education field.

Student Record

Sony Education has developed a platform which uses Blochcian technology to securely share the results of the student. This is done in partnership with IBM. Blockchain in the education system will surely be very much useful for sharing other information in the same way.  Not only results, but other things can also be easily shared using Blockchain technology.

Identity

Identity management is one of the biggest problems in the education field. Some of the platforms that is powered by Blockchain technology helps the student to carry their identity wherever they go with the use of the internet. Such platforms are Blockstack as well as uPort. With this, students don’t need to carry physical identity proof. The entire thing can be done with the use of the internet.

All about the security

The blockchain is known for its security. Even in the education field, it can be used to improve infrastructure security. This includes adding more sensors as well as security cameras.  The blockchain is very much known for its security features. This can make the entire campus more secure and add more features to enhance the existing security.

Cloud storage

As a student, you will have a lot of storage that you will need to keep. Blockchain technology makes it a lot easier as well as affordable when you are planning to store data in the cloud. Some of the crypto projects are very useful in file hosting at a very affordable price. This can solve one of the major problems of all the students.

Learning Marketplace

The other benefit of the Blockchain technology in the education field is learning marketplace. One can easily remove the middleman using Blockchain. Students can directly pay for their courses using the platform provided by the Blockchain technology

 

These are some of the best use of Blockchain in Education field.

Best Cryptocurrency to Mine

People now know about the mining and they don’t directly rush into the whole mining process and there is no dearth of cryptocurrencies either. For some people, it is quite confusing which Cryptocurrency they should start mining with.

First of all, you need to know about mining in order to know which one is the best Cryptocurrency to mine. The earnings totally depend on two things. One is your machine hardware and the internet, the second thing that your earnings depend on are on hash rates. Higher the hash rate of the Cryptocurrency, the more money you will eventually make.

Below are the best Cryptocurrencies you can start mining today to possibly make some extra money. If you still want to know, how to mine Cryptocurrency, here’s further information on it.

Ethereum (ETH)

Ethereum hash value is around 190 TH/s which is pretty good as compared to other digital currencies. This is the current rate while the highest value the Ethereum once reached was 295 TH/s. The block reward was decreased by the Ethereum and hence there will be less amount of coins in the market. Hence, scarcity will surely increase demand.

Zvoin (XZC)

Although, the coin has not completed many years in the industry but still manages to make its place in the top list. It has been in the market since Sep 2016. The experts say that Zcoin will reach $32 within the end of this year. Therefore, this is one of the Cryptocurrency you can mine which will give you huge returns.

Monero (XMR)

The other Cryptocurrency that you can start mining today is Monero. It is a successful project and has gained a huge amount of respect due to its many features. The coin has been in the market since 2014 and has the best level of privacy. In fact, it is the coin with the most popular privacy. However, sometimes this can also be an issue as sender and receiver’s address are hidden.

Therefore, these are some of the best Cryptocurrencies you can start mining today itself.

How much to invest in cryptocurrency in 2019?

The cryptocurrencies market is growing day by day. When Bitcoin first came into existence in 2008, it was very cheap to buy. People didn’t think of investing in Cryptocurrency back then. They didn’t have a clear idea about how it works and how much return it will get. When the end of 2009 was near, the price of Bitcoin was less than 1 USD. You could buy 1,309.03 BTC in just 1 USD. Today the bitcoin is worth 3864.29.

So, the question is the same. How much to invest in Cryptocurrency. You can take into consideration the below points.

Advice from a Billionaire

Erik Finman is a 19 years old Millionaire who brought his first Bitcoin at the age of 12 years. He brought it when her grandmother gave him, $1000 Gift. He has currently 401 Bitcoins; the value of which is more than $3 Million.

He cleared the people’s views on how much they should invest in Crypto. He suggested following the 50-30-20 rule. The rule says 50% of the total income goes into needs of human, 30% if the income will go in the discretionary spending while the rest 20% goes to savings.

However, you should not invest all of this money into Cryptocurrency. The reason you should not invest all of the money is that you might lose your savings. Although the price of Cryptocurrencies has been tremendously increasing still, it is a better option to invest 10% of your income and around 50% of your savings in Crypto. Make sure you make a diverse portfolio and do not invest all of them in a single place.

Regular Investments

Instead of investing all of the money at once, you can alternatively choose to invest a small amount of your money but on a regular basis. The price of all the Cryptocurrencies is going up and down. It surely will not necessarily go up. In such cases, having regular investments will help you to get the most returns through Cryptocurrency. Make sure you choose the right coin to invest.

Buying cryptocurrency online

 

How to buy cryptocurrencies online:

Today we have a lot of ways to buy cryptocurrencies like bitcoin etc. But cryptocurrency exchanges are the best way to buy any kind of cryptocurrency. There are a lot of active cryptocurrency exchanges in the market today. Each exchange has its own set of procedures to buy cryptocurrency. But most of them follow a standard set of steps to buy and sell cryptocurrencies. They are as follows:

  1. The first step is to register yourself with your information (full name, email address and cell phone number etc.)
  2. The next step is to verify your identity — you normally need a passport/driving license.
  3. Next, you are asked to set up 2-Step verification. This helps to keep your account secure and keep the hackers away!

Setting up an account is the initial step of buying cryptocurrencies. Once it is set up, you are free to buy any kind of cryptocurrency you want. Most of the cryptocurrency exchanges are like a stock exchange. You can buy them or sell them anytime you want.

Buying cryptocurrencies from an ATM:

This is rather a new method of buying bitcoin. There aren’t a lot of bitcoin ATM’s at present, but if you’re living in a big city then this is the best way to buy them. This does not require creating an account. It’s more like a cash withdrawal from an ATM.

Steps:

  1. Find a Bitcoin ATM near you
  2. Go to the ATM and verify your identity (this is only required at certain ATMs)
  3. Some ATMs ask for a phone number. If it does, enter your phone number.
  4. The ATM will send you a text message with a code; enter the code into the ATM
  5. Provide your cryptocurrency wallet address if you have one. If you don’t have one, the ATM will create a new cryptocurrency wallet for you.
  6. Put your cash into the ATM
  7. Then, the ATM will send your crypto to your cryptocurrency wallet
  8. The ATM prints your receipt