#Cryptocyclopedia

Adjourned but Not Dismissed: Is Blockchain’s Takeover of the Legal Industry Inevitable?

March 31, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Commentary, Cryptocyclopedia

Blockchain technology, in its relatively short history, has bulldozed through a number of industries to make their operations more transparent, quick and efficient. Some of the sectors where this emerging technology finds use-cases include supply chain management, real estate, finance, and medical, among others. Although the technology continues to find...

How Crypto and Blockchain Lobbyists Are Doing Their Bit to Propel the Industry

March 25, 2019 by Aisshwarya Tiwari at Blockchain, Cryptocyclopedia, Finance, News, Regulation

For every emerging industry to taste mainstream success, support from the existing government regimes is a must. To put weight on this claim, one need not look any further than the Internet during the 90s. During the last decade of the 20th century, when the Internet was still very much...

DestroyerDAO Blending Mashing Destroying Green GoldCrypto

A Crypto Warpath: What is DestroyerDAO?

March 22, 2019 by Alex Lielacher at Altcoins, Cryptocyclopedia

A new cryptocurrency project, called Destroyer DAO, is attempting to clean up the cryptocurrency space. Through an interesting combination of two distinct features, proof-of-burn, and a DAO, the new project hopes to destroy valueless "shitcoins." Too Many "Shitcoins" With the tagline "Burn shitcoins and create a unified shitcoin ecosystem", DestroyerDAO...

What Are Initial Exchange Offerings (IEO)?

March 20, 2019 by Tom Nyarunda at Altcoins, Business, Cryptocyclopedia, Exchange

The ICO's heyday in 2017 saw various digital assets emerge only to crash in 2018 thanks to the bearish crypto market. ICOs raised billions of dollars in a relatively short time and brought the crypto market cap to over $800 billion before it fizzled out. As the ICO candle was...

What Is Surveillance Capitalism and How Does Crypto Resolve it?

March 20, 2019 by Toju Ometoruwa at Altcoins, Bitcoin, Blockchain, Business, Cryptocyclopedia, Development, Ethereum

One of the most important narratives in the crypto space has been its stand against centralization. In today’s globalized economy, where different cultures and ethnicities rapidly consolidate around the same interests in technology, social media, and free services, there is an alarming sense that Internet use is becoming more centralized,...

Presenting NodeStats: The One Stop Shop for Ethereum Node Metrics

March 19, 2019 by Aisshwarya Tiwari at Blockchain, Cryptocyclopedia, Development, Ethereum, Exchange, News

Despite the number of smart contracts platform beating well above their weight, it cannot be denied that Ethereum continues to be the most popular platform to fidget with decentralized ideas in the true sense of the term. The meteoric rise in popularity of Ethereum has spurred the growth of industry and...

The Internet Comes of Age with Web 3.0

March 19, 2019 by Aisshwarya Tiwari at Adoption, Cryptocyclopedia, Development, News, Tech

The term “web 3.0” has been making rounds in the Internet community for quite a while. Many paint the picture of web 3.0 as the next phase of the Internet which will take the world by storm. Understanding this buzzword is a lot easier compared to other Internet phenomena like...

How To Keep Your Bitcoin Investment as Private as Possible

Crypto Privacy Part 2: Zcash vs. Monero

March 18, 2019 by Toju Ometoruwa at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Development

In the first few years of Bitcoin’s existence, one of the features that attracted the most attention from early advocates was the ability to make private transactions. Bitcoin’s Privacy Woes In a financial system where banks, businesses and government authorities heavily monitor consumer purchases, the ability for one to vanish...

What you Need to Know about Facebook’s Entry into the Cryptosphere

March 18, 2019 by Tom Nyarunda at Adoption, Altcoins, Cryptocyclopedia, Development, Exchange, Finance

The rumor that Facebook is planning to enter crypto space is now an open secret; all indications point to the tech giant launching their crypto coin very soon. The company is rumored to be working with Telegram and Signal to start a digital currency for its WhatsApp service. Introduction According...

Mining Cryptocurrency Bitcoin Pickaxe Computers

The Rise of Cryptojacking: Prevent it, Detect it and Recover from the Malware

March 16, 2019 by Tom Nyarunda at Crime, Cryptocyclopedia, Guides, Mining

As cryptocurrencies grew in acceptance as well as value and cryptocurrency mining became a lucrative business, cryptojacking has become the latest jackpot for cybercriminals. Thousands of websites globally that are operated by government agencies and the most recognized organizations are compromised by malicious con artists who harvest their victims’ CPU power...

How Blockchain Technology Could Revolutionize the World of Publishing

March 15, 2019 by Priyeshu Garg at Adoption, Blockchain, Cryptocyclopedia, News

Blockchain technology is rapidly entering all sectors of business and development. The music industry has already witnessed numerous artists release their songs and albums for sale on platforms running on the blockchain. Currently, there are several platforms like Choon, where customers can also stream their music. In the same vein,...

An Introductory Guide to Atomic Swaps

March 14, 2019 by Toju Ometoruwa at Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, Development, Ethereum, Guides

Cryptocurrencies are broadly thought of as decentralized, trustless digital assets that can be transferred peer-to-peer. However, based on the process by which most cryptocurrencies are transferred today, it is clear that we are still relying on intermediaries. Atomic Swaps are the direct transfer of cryptocurrencies between users without going through...

The Cost of Deflation: A Bitcoin Perspective

March 14, 2019 by Tom Nyarunda at Bitcoin, Cryptocyclopedia, Finance, News

In most economies in Europe, the European Central Bank is taking extraordinary measures to trigger quantitative easing, a variety of inflation, including suggestions for a Central Bank Digital Currency (CBDC). The following guide presents a broad historical study of deflation to shed light on the trending policy challenge. BTCManager will...

The Pitfalls of Using CoinMarketCap’s Prices as a Novice Crypto Investor

March 13, 2019 by Alex Lielacher at Altcoins, Cryptocyclopedia, Exchange, Finance, Investment

The cryptoasset price data platform CoinMarketCap is not only the go-to platform for digital asset prices but remains one of the most visited websites on the Internet. While CoinMarketCap (CMC) has managed to play a vital role in introducing cryptocurrencies to new investors since the early days of the altcoin...

Why Big Data Needs Blockchain Technology

March 11, 2019 by Toju Ometoruwa at Adoption, Blockchain, Business, Cryptocyclopedia

Blockchain technology presents a new paradigm shift in how data is stored, accessed and verified. In the coming years, the big data industry and blockchain technology will begin to form a pivotal relationship that will transform how companies manage their complex and ever increasing databases. To better understand what is...

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