Alongside their rising popularity, there is an increasing confusion regarding how to use cryptocurrencies. Through this article, we intend to solve this problem by explaining the three major ways in which you can use cryptocurrencies—Buy & Hold (HODL), Trade, and Payments.
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Bitcoin is often compared to gold, earning it the nickname, "digital gold". In our previous post, "Is Bitcoin digital gold?" we compared and contrasted Bitcoin and gold. Today, we’re having a look at how their prices compare.
When it comes to the mass adoption of new technologies, there need to be feasible projects or use-cases that have the potential to change the world. In this context, let us discuss some of the real-world use-cases of blockchain and cryptocurrency.
Cryptocurrency mining is the process by which a category of blockchain users, also known as miners, verify transactions initiated on the network. They are also responsible for arranging these transactions in the form of interconnected blocks.
Ethereum Classic (ETC) is a decentralised, blockchain-based, open-source computing platform, as well as a cryptocurrency. It allows developers to build and deploy smart contracts—autonomous, self-executing code blocks that trigger certain actions based on predefined conditions.