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Showing posts from July, 2021

Cryptocurrency Gold Of Future Or Digital Bubble

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  Bill gates said that the future of money is a digital currency.it’s widely speculated that crypto will do to banks and even cash what the internet did for information is said to be a revolution altogether everyone these days is talking about cryptocurrency but is it a gamble or is it an investment is it the gold of the future or is it just a digital age bubble. let’s start with some basics what does crypto even mean to begin with now the word crypto literally means concealed or secret in this context anonymous in principle cryptography guarantees a security of transactions and participants are independent from any central authority and thus protected from double spending and this is the very foundation of cryptocurrency and before you get confused between bitcoin and crypto now bitcoin is simply a name of the best known cryptocurrency like dollar or euro or even rupee is the name of one type of currency so back to crypto though it is decentralized meaning there is no third party cont

How to set up a crypto wallet And Keep securely

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A crypto wallet is digital wallet that can securely store your crypto. In this wallet store Bitcoin as well as other cryptocurrencies, like Ethereum .There are many different types of crypto wallets. But most popular is  three type of wallet 1)  Hosted wallets  3) Non-custodial wallets 4) Hardware wallets   Which one is right for you depends on what you want to do with your crypto and what kind of safety net you want to have.     Hosted wallets Right Now most popular crypto wallet is a hosted wallet. When you buy crypto using any crypto Provider Application. your crypto is automatically held in a hosted wallet. It’s called hosted because a third party keeps your crypto for you, similar to how a bank keeps your money in a savings account  Most of people losing their crypto Keys or USB hardware wallet it's very big problem .but when you Store your crypto in Crypto wallet you don’t have to worry about any of that. The main benefit of keeping your crypto in a hosted wallet is if you