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Read the the XMLGold republished article, review about Bitcoin „What is Bitcoin and how does it work?” here: https://www.xmlgold.eu/en/news/article/684/What-is-Bitcoin-and-how-does-it-works/ The article will include such themes as: - What is Bitcoin? - How does Bitcoin work? - Bitcoin history - What is Bitcoin mining? - How to use Bitcoin to purchase goods - Where to buy or sell Bitcoin - Earning possibilities using Bitcoin websites - Bitcoin benefits and disadvantages - View on digital technologies like bitcoin, blockchain from existential point of view. Note: XMLGold republished the article of this author for information purposes only and does not promote to buy or not to buy Bitcoin.
Viralchain posted a topic in Altcoin AnnouncmentsWhat is GeekCash? GeekCash is a new digital currency, based on Bitcoin and Dash, that enables anonymous, instant payments to anyone, anywhere in the world. GeekCash uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Exactly, GeekCash is a community governance, cooperation and growth to decentralized economy. In the future, the GeekCash is used to transfer money and pay in an ecosystem consisting of 6 projects. Some projects have been researched for 4 years. In there, the social network project will be deployed as soon as possible, the remaining secret projects will be gradually opened ... Please wait! With solid foundations prepared beforehand, GeekCash have ambitious plans for the future. Work hard and be Geek! What is Masternodes? Masternodes are computers that run a GeekCash wallet and make decisions, such as locking transactions with InstantSend, coordinate mixing of coins, and voting on budget funding. Masternodes are required to have 10,000 GEEK collateral, a dedicated IP address, and be able to run 24 hours a day without a more than a 1 hr connection loss. Masternodes get paid start 25% and increased after each block, up to 80% of the block reward on every block, which is distributed to masternodes one at a time. Masternodes enable the following services: InstantSend (instant transactions). In contrast, Bitcoin takes about 10 minutes to confirm a payment. PrivateSend (anonymous transactions). In contrast, Bitcoin transactions are totally public and traceable. Only the identity of the addresses is anonymous. Decentralised Governance (masternodes govern, while the blockchain funds development). In contrast, Bitcoin is controlled by a few big miners and funded by 3rd party centralised institutions with self interests. Masternodes are also given voting rights on proposals. Each masternode has 1 vote and this vote can be used on budget proposals or important decisions that affect Geek. ..... Follow us at:https://discord.gg/4fDKzQwhttps://www.facebook.com/geekcash.orghttps://twitter.com/GeekCash https://t.me/geekcash Links:https://geekcash.orghttps://github.com/GeekCash
crypto_winner posted a topic in NewsBitconnect Coin Price Reaches All-Time High, Briefly Surpasses Growth Rate of Ethereum On June 10, Bitconnect coin, better known to the community as BCC, reached an all-time high price at $59.24. Within a three-month period, the price of BCC increased from $1.76 to $59.24, recording a staggering growth rate of 3,265 percent. Since the beginning of 2017, the cryptocurrency market demonstrated an exponential growth rate, achieving a historic milestone on June 9 by surpassing $100 billion in market cap. At the time of reporting, the cryptocurrency market cap is valued to be $113 million, with bitcoin being 37.8 percent of the market. “The fact that these gains have come from currencies other than Bitcoin are a good sign that this is less of a bubble and more of a resurgence of interest in crypto,” said Techcrunch journalist Fitz Tepper. A major catalyst that contributed to the rapid growth of the cryptocurrency market was the global adoption of bitcoin and Ethereum, two of the largest cryptocurrencies with a combined market cap of $77.6 billion. Since mid-2016, the demand toward bitcoin as a safe haven asset and digital gold surged as mainstream media outlets began to provide extensive coverage on the performance of bitcoin. International newspapers including the Wall Street Journal continuously featured bitcoin on their front page, comparing the price trend of bitcoin to that of gold and the US dollar, the world’s largest asset and reserve currency. As interest and demand toward digital currencies such as bitcoin and Ethereum increased, an growing number of investors started to take interest in other cryptocurrencies in the market such as Litecoin, Ethereum Classic and Bitconnect that are amongst the largest cryptocurrencies and networks. At the time of reporting, the market cap of Bitconnect, a crypto-network better known for its bitcoin lending platform, remains at around $346 million, making the Bitconnect network the 22nd largest cryptocurrency and blockchain network globally. Bitconnect’s three-month growth since April has been larger than that of most cryptocurrencies including Ethereum. Since April, Ethereum has recorded a 858.9 percent increase in price, from $39 to $374, triggering the interests of investors that have become enthusiastic of the launch of the Enterprise Ethereum ALliance (EEA) and the rise of initial coin offerings (ICOs).
BITCONNECT COIN LAUNCHES NEW ANDROID MOBILE APP One of the newest and hottest digital currencies on the market certainly needs to travel on the largest digital communication networks, so today Bitcoinnect Coin (BCC) announces the launch of theirmobile Android app. This is the beginning of many user-friendly mobile features for BitConnect Coin owners, as an exciting cache of new BCC user features is coming to market in 2017.According to digital currency industry rating authority CoinMarketCap, BitConnect Coin reached the Top 20 in market capitalization value for the first time on last week, passing $10 million USD in overall value. Each BCC also reached $2.00 USD in value. To put this in perspective, it took BCC less than four months to reach $2 in value, per coin. It took Bitcoin more than two years to do the same. Now, with a new Android app, these milestones are just the beginning. “With our new Android app, you can send and receive BitConnect coins, app will keep you up to date with latest bitcoin and crypto currency news,” says BitConnect’s Lead Developer, Satao Nakamoto. “We will add currency exchange and Bitcoin lending features in the near future. The upcoming IOS app will launch after the Android app.” With the BitConnect coin, users can expect a new level of empowerment through an open source platform connecting users socially and financially to a secure protected community of investors and lenders. BCC owners can also connect with your community and increase your wallet when coin price increase exponentially, allowing one to gain interest.Later in 2017, the BitConnect Coin will see more innovations and convenience features added. This includes the BCC Mining and Staking Pool Launch, providing a way for the community to earn, a BitConnect Coin reward with mining & minting, plus a new mobile wallet app & paper wallet. The BitConnect coin will also gain its own “Smart Card” in 2017, bringing all of the everyday usability you demand in a digital currency. BitConnect.co has become simply the world’s fastest growing online Bitcoin community, yielding its own digital currency, among other exciting user benefits. For more information on BitConnect Coin, visit https:bitconnect.co Download App: https://play.google.com/store/apps/details?id=co.bitconnect&hl=en