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Blockchain and Most Used Cryptocurrencies in 2023

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Blockchain technology is a digital ledger system that allows for secure and transparent transactions. It is the foundation upon which many cryptocurrencies, such as bitcoin, are built. One of the key features of blockchain technology is its decentralized nature. Unlike traditional financial systems, which rely on a centralized authority to process transactions, blockchain allows for direct peer-to-peer transactions without the need for intermediaries. This allows for increased security and transparency in financial transactions. In addition to bitcoin, there are many other cryptocurrencies that have gained popularity in recent years. Here are the 10 most widely used cryptocurrencies, according to market capitalization: Bitcoin (BTC) - Bitcoin is the first and most well-known cryptocurrency, created in 2009 by an individual or group of individuals using the pseudonym Satoshi Nakamoto. Bitcoin transactions are recorded on a decentralized public ledger called the blockchain. It operates o
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What is Bitcoin Halving Day ? The Day of Bull Run

Bitcoin, the first cryptocurrency in the world always halving every 4 years and after months in every halving day, the price is surge like a rocket. Based on the history , bitcoin was halving on 2012,2016, and 2020. The first halving was happened on 28 November 2012, the block reward was cut to 25 BTC per block. This also happened on 9 July 2016 when block reward halved to 12.5 BTC and 11 May 2020 when block reward was halved again to 6.25 BTC. And now, Bitcoin will continue its next halving journey on 2024.  What is Bitcoin Halving ? Bitcoin halving is the reducement of block reward for bitcoin miners, so miners will get half of the reward before after the halving day. This will increase bitcoin scarcity and its price. Bull Run Believe it or not, 1 year after the halving day is the year of bull, Bitcoin price always up multiple times from its all time high. For example on 2013, after Bitcoin halving on 2012, Bitcoin price increase around 10 times from normal price at the time, From ar
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Top 4 Bitcoin Hard Fork Results in 2018

Bitcoin, the first cryptocurrency in the world was hard fork multiple times last year (2017) and also this year (2018) . As it's fork results, There are 4 top coins of Bitcoin hard fork that listed in top 100 cryptocurrency in coinmarketcap.com. 1. Bitcoin Cash Bitcoin Cash is a result of Bitcoin hard fork that was occured on 1 August 2017 at Block 478558. Based on coinmmarketcap.com, Bitcoin Cash (BCH) ranked fourth for most traded coin in all exchanges. Bitcoin Cash solved 1 MB Block size limit of Bitcoin and raised the block size limit to 8 MB. The mining algorithm of Bitcoin Cash is SHA-256, the same algorithm for Bitcoin. For more information, you can visit https://www.bitcoincash.org . 2. Bitcoin Gold Bitcoin Gold is another result of Bitcoin hard fork at block 491407 on 24 October 2017. The mining algorithm of Bitcoin Gold is Equihash. It's a mining algorithm for GPU. For more information, you can visit https://bitcoingold.org . 3. Bitcoin Private Bitcoin Private is the
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Which Cryptocurrency Is The Best Cryptocurrency ?

Is Bitcoin the best cryptocurrency? If it's 2010, then the answer is yes, but, now is 2018 and there are so many cryptocurrencies spreads over the internet and Bitcoin is just one of them. But, even if Bitcoin is just one from many cryptocurrencies, Bitcoin still gets the highest usage and popularity. Many cryptocurrency exchanges uses Bitcoin as based currency to buy another cryptocurrency. Which Cryptocurrency Is The Best Cryptocurrency ? There is no thing like best cryptocurrency because every cryptocurrency has its own function and purpose. For example, with Ethereum, we can create our own coin with our own purpose. Many coins were made based on Ethereum with Solidity programming language. Even if there is no best cryptocurrency, but when we talk about marketcap and most traded cryptocurrency, Bitcoin is the winner. Based on coinmarketcap.com , Bitcoin traded on more than 350 exchanges in the world.
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Attack of ASIC Mining and Response from Cryptocurrency Developers

Based on EIP (Ethereum Improvement Proposals) 1011 : Hybrid Casper FFG , Ethereum wants to change it's mining model from POW (Proof of Work) to Hybrid POS(Proof of Stake)/POW and to full POS later. This change was on the roadmap and in the Yellow Paper since the launch of the protocol. There are several reasons behind this change, partly because POW consumes enormous energy and the other reason is to fight ASIC mining. The PoW block reward is reduced to 0.6 ETH/block because the security of the chain is greatly shifted from PoW difficulty to PoS finality and because rewards are now issued to both validators and miners. Even if Ethereum change to POS, it's still not the end of GPU mining. As you can see, there are a lot of anti ASIC coins to mine, especially that listed on whattomine.com like Ethereum Classic, Bitcoin Gold, and Monero. Several weeks ago, Bitmain launch it's cryptonight and ethash mining machine. Monero responded it with hardfork and change it's mining al
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Which Top 5 Cryptocurrency To Invest in 2018

There are so many cryptocurrencies that have spread across the Internet. The problem is that not all cryptocurrencies last long in the market. There is a new one just enter the market and then the project is stopped so that must be delisted from all existing markets. Of course this is detrimental to investors, especially those who have bought cryptocurrency in a very large number. For that reason, investors should continue to monitor the development of existing cryptocurrency, so that when there is bad news it can immediately sell its owned cryptocurrency assets to prevent greater losses. Which cryptocurrency is safe to invest? There is no certainty in investing, nor in cryptocurrency, moreover it is a new technology that has recently been used. However, for a reasonably safe investment, better funds are broken down into cryptocurrencies that have large trading volumes and marketcaps at coinmarketcap.com. Here are 5 Cryptocurrencies that have the largest volume in USD in April 2018. 1.
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How To Make An Ethereum Wallet

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To receive payment in Ethereum or mine Ethereum, you must have an Ethereum wallet. The popular Ethereum wallet is MyEtherWallet (MEW) and MetaMask . Usually MEW used when participate in ICO to sends payment using smart contract and receive token. Metamask can be use in decentralized cryptocurrency exchange like Fork Delta . MyEtherWallet 1. Go to https://www.myetherwallet.com/ 2. Enter a password to encrypt the wallet (DON'T FORGET THE PASSWORD OR YOU WILL LOST YOUR WALLET!)   3. Click Create New Wallet 4. Store JSON file By Click Download Keystore File 5. Save The Private Key And Click On Print Paper Wallet to print your paper wallet 6. STORE YOUR PRIVATE KEY IN THE SAFE PLACE AND DON'T GIVE IT TO ANYONE, IF YOU LOST IT,  YOU LOST YOUR MONEY AND NO ONE CAN HELP YOU ! 7. Now you can receive Ethereum with your public Ethereum Address, you can give the public address to the people (Don't give the private key, only the public key). 8. You can
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