1. Risks Forking A fork is what happens when a blockchain diverges into two potential paths forward — either with regard to a network’s transaction history or a new rule in deciding what makes a transaction valid. Some forks resolve on their own, but others, fueled by deep rifts in a community, can cause a … Read more →
Blockchain technology is a rapidly growing technology which is turning heads for millions in the crypto currency industry. Many organizations have been investing in it and testing its abilities in hopes of finding incredible results. In layman’s terms, blockchain technology is a form of a shared ledger which is accessible to the general public through … Read more →
Recently revealed reports show that some of the richest figures are heavily investing in cryptocurrency. These include names like Richard Branson and Li Ka Shing. While the success depends on a number of aspects, it is hard to deny that cryptocurrency has rapidly become a popular form of currency all around the world. Many analysts … Read more →
An ICO is an abbreviation for Initial Coin Offering. It is a crowd-funding method involving the sale of digital tokens to investors in exchange for tokens. The tokens are what we would refer to as shares in the normal fiat investment. Possession of token denotes taking part ownership of the company. These tokens are put … Read more →
Blockchain, the technology that entered the market as the backbone of cryptocurrencies like Bitcoin, is now eking out space in a wide range of industries and fields. The technology is gradually disrupting different business verticals, such as Finance, Supply Chain, Healthcare, Real Estate, Media, Entertainment, Government, etc. Blockchain technology is not just adding value to … Read more →
Blockchain and cryptocurrency has become more and more mainstream in recent years and we can also feel the interest is rising. Therefor we have decided to create a new category here on TechPatio, called Cryptocurrency. In this new category we will blog about crypto related things, including blockchain, Bitcoin, altcoins etc. Guest authors are of … Read more →
It’s hard not to hear about Bitcoin – the cryptocurrency has been grabbing international headlines for the past six months. Price surges have seen early investors reap serious rewards, causing a flood of money into the market. But many people still have one question: What is Bitcoin? In essence, Bitcoin is an exchangeable digital currency … Read more →
Every beginning trader prefers to invest in top 5 – 10 cryptocurrencies. The more globally widespread a currency is, the higher its liquidity and the lower its volatility. Nevertheless, there are quite a few altcoins whose target audience is deliberately limited. These are cryptocurrencies with regional branding created to solve specific local tasks. Even now … Read more →
You’ve probably already heard of various cryptocurrency exchanges & wallets being hacked, user funds being stolen and so on. However, have you ever heard of crypto jacking? Well, it’s time you do. It’s a term only recently coined implying the stealing of computational power to mine cryptocurrencies. What happens is, the user visits an infected … Read more →
A bubble happens when people expect too much of the future value of an asset. In the case of bitcoin, its value has greatly inflated over the years, from less than a dollar in 2009 to more than $8,000 today. But how does the bitcoin bubble affect other industries? Truth is, it affects all major … Read more →
The rapid rise and growth of cryptocurrencies in 2017 has prompted governments around the world to take a closer look at cryptocurrencies as well as the blockchain technology which provides the backend for this revolutionary form of digital currency. Governments across the world have certain rules and regulations put in place to control transactions occurring … Read more →
The times they are a changing. Just about everyone is aware of Bitcoin, the cryptocurrency allegedly created by ‘Satoshi Nakamoto’. Initially seen as something of a curiosity, Bitcoin defied its critics and went on to become something of a phenomenon, and almost a symbol for the autonomy the internet enjoys from forms of regulation. Estimated … Read more →
Times have changed and the internet that was once the epitome of having your own private world has already lost its original state. Not only is your privacy lost these days, but you are even under the surveillance by a government that’s apparently trying to make sure everything is ‘OK’ well; in fact, the world … Read more →
Crypto ransomware keeps taking the world by storm. It props a multimillion-dollar underground economy providing cyber-extortionists with abundant resources to fine-tune their modus operandi. Amidst the whole noise surrounding this despicable business model since 2013, the Ransomware-as-a-Service (RaaS) principle is the new black. It renders online extortion increasingly toxic by making ransomware programs readily available … Read more →
Although the scourge of ransomware has become synonymous with online extortion over the past several years, things aren’t entirely black and white in this arena of cybercrime. Amidst the noise of ubiquitous ransomware incursions, people started forgetting that Internet-borne blackmail isn’t restricted to file-encrypting malware alone. In fact, perpetrators have plenty of other resources on … Read more →
Today I want to give a quick shout-out to “Dave Bitcoin”. I follow the tech industry close and love everything tech-related, even Bitcoins. So obviously I had some Bitcoins from long ago, for which I unfortunately had forgotten my wallet password. The Bitcoins were now gone. The horror! Or were they…? I was under the impression … Read more →