Altcoin News

Altcoin News

Altcoin news: Altcoins are essentialy all other cryptocurrencies, except Bitcoin. Bitcoin is the original cryptocurrency, so all others are alternative tokens or altcoins. More than 95% of altcoins are tokens and not coins, but that’s a different discussion. Ethereum is also an altcoin, but it’s too special and it deserves a category of its own. With nearly 2000 cryptocurrencies, altcoin projects are very different and very similar from each other. With the introduction of Ethereum and its features, developers started to easily issue their own projects, starting the Initial Coin Offering boom of 2017.
Every altcoin project has set out to improve on the original Satoshi Nakamoto cryptocurrency concept. A lot of altcoins are superior to Bitcoin in many ways, each trying to improve certain cryptocurrency flaws. Altcoins are the developers’ way of innovating, creating new applications and possibilities in the cryptocurrency ecosystem, and pushing the limits further and further. Although there are many scams out there, altcoins have a vital role in the main plan – Mass Adoption!

Peio Purlev by Nov 21, 2018

Venezuela wants to submit Petro to OPEC as a unit of account for oil

Venezuela will make an attempt to present the Petro as a unit of account for crude oil trading to the Organization of the Petroleum Exporting Countries (OPEC) next year. Manuel Quevedo, the President of the country…

Peio Purlev by Nov 15, 2018

Why did Basic Attention Token (BAT) crash after the Coinbase listing?

The Ethereum-based Basic Attention Token (BAT) crashed recently after the hype around it’s listing in the popular Coinbase platform. During last 30 days, the virtual currency grew more than 100%. Its price moved from $0.175 in mid…

Peio Purlev by Nov 14, 2018

Tether destroyed 500 million USDT Tokens to combat Token inflation

Last month has been one wild ride for Tether (USDT). Tether has seen massive influxes of USDT to its Treasury. This is due to the cryptocurrency losing “parity” with the USD. The entire cause of the loss of parity were…

Peio Purlev by Nov 13, 2018

Financial Institutions are entering the Digital Currency Market

With the increase of opinions from financial advisors that the world is on the brink of another financial collapse because of inflation, maybe digital currency are the solution to some of the problems. Although not perfect, Digital Currencies are…

Peio Purlev by Nov 9, 2018

Atomic Swap Guide: What are Cross-Chain Atomic Swaps?

In this guide, I will try to explain to you as quickly and as easily as possible why atomic swap is a feature that is here to stay. Cross-Chain Atomic swaps give the ability to exchange digital assets across multiple different blockchain networks without central parties.

Peio Purlev by Nov 7, 2018

Ledger Cryptocurrency Hardware Wallet integrates IOTA

The Ledger Cryptocurrency hardware wallets are the most well known and probably the best in the business. Recently the IOTA Foundation, shared the news that they will integrade IOTA tokens with the Ledger Hardware Crypto wallets.

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