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What’s The Deal With Smart Contract? NEO v Ethereum v Bitcoin

Scientist Nick Szabo first used the term smart contract way back in 1994, before any cryptocurrencies had been developed. He defined it as a computerised protocol that executes the terms of a contract. Many cryptocurrencies have developed their own smart contracts, but this has often hit mixed reviews. The blockchain technology that Bitcoin has been built on, allows the smart contracts to be built, through a secure and accountable record vehicle and an environment where they are able to be practically deployed. This means that they have to be deterministic and terminable. Smart contracts run on multiple nodes, so in...

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These Are The Richest People In Crypto

2017 saw incredible rises in cryptocurrency’s fortunes right across the board. Obviously Bitcoin was the big performer, topping out at almost $20,000 per coin in December, but most other altcoins performed admirably in their own right. This unprecedented success of a new financial paradigm saw the large-scale adoption of various digital currencies as new methods of exchange, as investors from all over the world sought a piece of the action. Naturally, some did better than others, and a select few did very well indeed, but the ones making real money aren’t the investors, but the developers. This week, global media...

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Top 5 Performing Altcoins In 2017

Even the most casual observer of the digital currency scene will be aware that 2017 was a record year in terms of performance. Obviously Bitcoin was the marquee attraction for new investors, as it should be given its incredible rise in December, but it was far from the only altcoin that had a banner year in 2017. Here are the top five non-Bitcoin cryptocurrencies of 2017 in terms of market capitalisation and percentage growth. 1. Ethereum How well did Ethereum do in 2017? Well, it managed to outperform Bitcoin by a factor of nine – how’s that for starters? Increasing...

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Ethereum Is The Best Cryptocurrency To Mine

As things stand at the beginning of 2018, there is no easier recommendation to make than to mine for Ethereum. Not only is it more directly profitable in terms of the cash value of altcoins mined compared to the likes of Bitcoin (no farm-level mining requirements here – even a solo player can reap a regular, if modest profit from Ethereum), there are also some long-term considerations that are about to come into play. Namely, Casper. For those of you who are unaware of this new development in Ethereum, Casper is a planned upgrade to Ethereum due to see the...

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Your Selfie Could Now Earn You Virtual Money

If you are a fan of taking selfies or documenting your day through photos, this new startup could be perfect for you. Selfllery aims to create a new take on all of the popular picture sharing platforms on social media; from the likes of Instagram and Snapchat, but with a cryptocurrency twist. Approximately 1.2 trillion photos were taken last year, so the founders could really be onto something here. So Selfllery has a mechanism in place whereby users can make money from their photos. For many, it can create a thrill or a buzz when they see that someone has...

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