Рубрика: Money and Crypto

Introduction

Making Money with crypto currencies is a booming business currently. Many people have taken to this method of getting themselves earn big Money. Maybe you can be wondering how they do it. Well, I’m here to clearly explain to you what these people do to make such vast sums of Money.

How to make Money through bitcoin.

There are many ways through which one can earn considerable money through bitcoin. I will just focus on the main ones because the list is too long. Once you get to understand these methods, you can freely make your decision on which method to pick, and you will surely make it. However you should do thorough research and find a method you are comfortable with.

Bitcoin mining.

Talking about the mining of bitcoin, basically, there are two types of mining that people typically use. There is personal and cloud mining. People who do personal mining (individual mining with own rig) are subject to maintenance, and that means that they are responsible for buying hardware for running this and all other bills like electricity. The other mining method, which is cloud mining, does bit involve many this as opposed to personal mining. Here hardware or software, assemble or even anything is not needed – all you need to do is pay a one-time fee for a contract, and that’s it! Usually, at the end of every month, you’ll receive your earnings. The amount will be based on your plan of choice and the electricity bill at the facility that the cloud mining service is based on.

Overall, crypto currency mining is a very prevalent method for people searching on how to Make Money with Bitcoin. It does require some knowledge and expertise in the field to be able to perform it successfully (especially if you want to build your rig), but the effort is definitely worth the results.

Buying bitcoin.

There are these other types of people who feel it is right having an investment. Yes, with bitcoin, you are also able to make an investment. With bitcoin, you can decide to buy a certain amount of bitcoin and forget about the account for some long term period of time, and on later dates come back end check on there account for the accumulated earnings.

Another type of investment is doing regular research and analysis about the signals used, after which they decide to invest some amount of money that will allow them for a certain period of time to trade their bitcoins with instant earnings directly paid to them.

Usually, with this type of earning, you can realize a fortune or a misfortune; either with your Money, you can make huge cash or as well cause the most significant loss. So you either become poor or rich.

Accept payment in bitcoin.

As well one can decide to be trading in bitcoin terms just the same way one would prefer payment if Money. This way, one has to determine a service they can provide to the best and post for access by the prospects. Once this is decided upon, the person creates a bitcoin wallet where they receive the direct payments whenever their services get to be paid for.

Now you should think of how to charge the people you offer services to. For instance, online forums are the best market places for you. Now here you only trade your services on bitcoin terms in exchange for your assistance. This is another right way people get to earn pretty good Money with bitcoin.

IEO and bounty

IEO (Initial Exchange Offering). This process implies that previously private coins are made public to the market for the first time for sale. Users can get access to it and buy it as creators (who in this case is you) receive funding from sales. Depending on demand, this process determines the coin price in the market.

Trading.

Just as in the normal marker places where sellers buy at low prices and sell to buyers at a rate more than the buying price, it is just the same way with bitcoin. The only difference here is that you have really analysed the direction the graph signal is most likely to take, lest you lose you Money! Again you have to determine the best time to but you bitcoin and the best time to release them to the market to be bought, which should be slightly higher to realize the profit.

Referral programs

Have you ever heard of network marketing? Well, this is a program in which you invite other people into the business, and the company compensates you. In the same way in cryptocurrency, you get to be paid for your effort if bringing new people. Yet, instead of bonuses, companies pay with digital coins (tokens). This is one of the popular ways to earn cryptocurrency since it also does not require any investments.

Holding and renting.

With bitcoin, some coins get used up on their own. When you do rent and holding as some coins are continually being used. For instance, Ethereum, in such systems, the creation of each transaction block comes with a reward (usually are those coins initially not in circulation). Hence, their total amount is not limited.

A different approach is, however, implemented in Bitcoin. For the creation of a block, the system will always generate a reward as well. But every four years its amount is reduced (some get in the circulation of being used up constantly). Eventually, the emission will cease when the number of BTC in circulation hits 21 million. At this level you will receive only user commissions.

Conclusion.

For you to earn good money, you have to go for the method that best suits you to work with. For instance, with IEO and holding and rent, you have to do proper research and analysis to get to earn. Other methods like trading and mining you have to get well with bitcoin price, for instance. And also, you have to remember to choose the method that you can budget for successfully run without losses.

Still researching the online ways to get rich? Always paying attention on what’s new on cryptocurrency market? Nothing bad with the new, but we are showing you, now, that you could also try on the not so new solutions. Maybe you haven’t paid much attention to a cryptocurrency, called Litecoin, or LTC.

And no, it’s not new, It was created in 2011 under MIT license, but it can surely improve your earnings in a strong way this year.

Who is Litecoin

LTC is an opensource alternative to Bitcoin. It appeared right after Bitcoin, Ethereum and Ripple. Practically, LTC and the other three are just like the musketeers on the cryptocurrency market, thus shaping a powerful rectangle for online business and mining.

Not only the profitability is equal to that of Bitcoin, but also the investment safety level.

Useful technicalities

Unlike Bitcoin, Litecoin grants faster confirmations for transactions. The time for a block generation is 2,5 minutes, as compared to 10 minutes for Bitcoin.

It is a peer-to-peer cryptocurrency, created on a similar protocol to Bitcoin. However, LTC uses a scrypt algorithm, the proof-of-work mining algorithm, thus requiring an intensive computer memory. Due to the fast generation of new blocks, the system can process several transactions at once. Thus Litecoin’s blockchains (transaction history) are wider.

Payments are made towards addresses based on digital signature, and are represented by 33 mixed letter-figure series. Of course, always starting with an L.

How to make money with LTC

Market Value. You’ll find yourself on an LTC market with a maximum supply of 84.000.000 LTC. Whereas, the circulating supply amounts to 64.123.209 LTC. The price of one Litecoin grows around 70$ these days, and it started in 2011, around 4$. I am pretty sure you already started calculating the amount to which this market rises, as well as the profit that you could have already made since 2011. But it is never to late to start. As, we all know. Dealing with cryprocurrency still makes people rich.

Also, please find out that it operates with several subunits. We talk about Litoshi (= 0,00000001 LTC), microcoin (0,00000 LTC) and millicoin (0,001 LTC).

Mining or Purchase. LTC is a decentralised currency. Thus there is not a single central point or a sole administrator. So, you have the option to acquire Litecoin by mining it on cloud services. Then, there is also the option of purchasing LTC from specialized exchange platforms, and keep them physically in your own poket, or in cold wallets (hardware) or hot wallets (digital). However we are interested here about the ways for you to become a first rank player on LTC market, meaning to get into full mining activity.

What you need for mining

Litecoin is really easy to mine, because you need only the PC and the internet. No special professional hardware required, like with other cryptocurrency. This is the most secure manner for you to acquire LTC and to resale it. The cloud mining systems are world-wide spread, and go beyond any governmental impositions. If you start mining for LTC, you will become a miner, a part of this continously spreading community. Plus you will embark on a directly active role, that further increases the value of your investment.

There are numerous mining portals for you to choose from, and become a miner. However they all work similarly and your participation is the same. As miner you are the one to process and verify all the transactions, the platform will only grant you their computig power and safety systems. Your job is to focus on supervising markets and choose a pool where to mine on. Thus you contribute to the mining community and you are rewarded Litecoins.

How mining brings you money

The mining activity will bring you LTC rewards from the cloud system. These are rewards from completing blocks of transactions, that you have to verify first. You are being successful if you discover solutions to a complex digit number. Your success is also depending on the total mining power on the network.

You are practically getting paid for having an auditor activity. The verification process for each cryptocurrency transaction eliminates the „double-spending’ issue.

What is this double-spending you might ask? This situation appears when an LTC owner spends the same coin twice, as there is a risk of making a copy of the digital token, thus using it in two places. One covered, one fake cryptocurrency. So you hunt counterfit cryptocurrency and get rewarded for this.

Once you have verified one block (1 megabyte of information) you are eligible to receive LTC. You will not automatically receive LTC. You will earn it only if you are the first miner to get to the right answer for this numeric problem (which is the proof-of-work).

It is somehow a matter of luck but also of numbers. The more blocks you verify, the more chances to be the first miner to solve the issue and to receive Litecoin.That’s why it pays off to enter the Litecoin game, as its blocks are faster generated (every 2,5 minutes), as we already mentioned before.

And don’t worry. The numeric problem to solve is actually just a guesswork. You don’t have to play tricky games. You just have to find the correct digit number (the hash). So a lot of guessworking, until it matches.

Will LTC increase its value furthermore?

It has a lot of potential to appreciate on the market, with time. And this is due to the fact that the amount of coins issued is limited. So the success of Litecoin is dependent of the awarness of people and the success in gaining credibility and captivating the attention of a wider number of people to invest in it. And it is currently growing

This is, in fact, a good part of the whole deal. You yourself can directly and actively participate to its success. By investing in it and become a promoter.

Uses for Litecoin

Besides its long-term/ short-term investment value, Litecoine started to be of interest for the retail/trade market. It is so far used as an exchange currency on this market, in very few places, but nevertheless it is. Let’s not forget that, generally, the cryptocurrency have just started to be used as such, but they are continously increasing in popularity. Again, as we said before, you can become an active player, that continuously increases Litecoin value.

Since cryptocurrencies became a reality and positioned themselves as a form of investment — and as a good way to make money -, attention has focused on bitcoin.

However, also from the beginning, Ethereum has taken a firm position in second place to become one of the pillars of the cryptoverse.

Ethereum is an impressive option that every day gets more popular in the market. For that reason, in this article we elaborate everything you need to know to introduce you to this concept and explain you how it is possible to make money with Ethereum.

Going through questions like: what it really is, why does it have an attractive value, what is Ethereum mining and were to do it.

So, what is ethereum and how can it help me to increase my earnings?

Ethereum as a platform:

To be fair, Ethereum is a cryptocurrency but also a platform. In fact, the name of Ethereum actually only refers to the platform, while the virtual currency is called Ether, just as Bitcoin (capitalized) is the platform and bitcoin (lowercase) the currency.

Ethereum is based on blockchain technology. A type of technology that serves to decentralize transactions. The idea is to make it unnecessary for a third person to certify them.

When we talk about formal currencies, this third person is usually the bank or credit card. But with blockchain technology the users themselves are the ones who validate this process, hence the talk of decentralizing the economy.

Ethereum seeks to apply blockchain technology to any area, not just currencies. Thus, for example, it would be useful for voting systems, gambling, insurance … For this, it created what are called smart contracts, with which it is the users themselves who validate the operations and ensure the reliability of the contract, which cannot be modified nor cancel without the agreement of the entire community.

What is ether?

The ether is the cryptocurrency of Ethereum. The payment that developers receive for writing applications on the platform and also the miners for providing resources (which are their computers) to the Ethereum blockchain. As the platform grows and evolves, the currency takes on more value and therefore its sustained growth.

In the beginning, 60 million ethers were generated plus 12 million thought for a development fund. Over the years, ethers have continued to be created at a rate of 18 million per year.

That is what makes an ether a good investment, with each passing year it is more complicated to obtain a complete piece and its value increases.

How to obtain Ethereum?

There are two ways to have Ethereum in your possession: mine ether or buy ether. The first requires that we use some computer in our power to work to generate earnings for us.

To get on the subject, let’s review this concept of cryptocurrency «mining» and then we´ll focus on some of the most interesting places to do this.

Ethereum Mining, what is it really?

To explain it simply, cryptocurrency mining is a process by which it seeks to solve complex mathematical problems.

Miners are a fundamental part of getting every cryptocurrency system to operate within a Blockchain network. Thanks to the contribution of their time and computing power to solve those mathematical problems, they provide something called a «proof of work» for the network, thus verifying Ether transactions.

For each verification that the miners perform, they are paid with a fraction of this cryptocurrency. In this way, the system endures.

As more and more miners unite, problems automatically become more difficult to solve, which means that more time and computing power is required to solve them and the rewards become smaller. However, as the value of the Ether continues to increase, the rewards received by the miners remain quite substantial in value, which makes them a great investment.

In addition, many people see mining as an ideological incentive, a means to directly support and sustain the network.

Genesis Mining

It is one of the leading companies and offers the best solutions for cryptocurrency mining. Genesis provides its powerful mining platforms to both digital currency experts and those who are new to the crypto industry.

It has its origin and headquarters in Hong Kong but its mining centers are established in different locations between Europe, America and Asia. In this way, Genesis takes advantage of the low electrical costs of these places to achieve efficient mining and offer the most competitive prices.

Although the company shares photos and videos of some of its mining facilities — for example that of Reykjavik, in Iceland -, the exact locations of the rest of its mining centers are not disclosed for safety reasons.

Genesis Mining is possibly the number one cloud mining company in the world, something possible thanks to the capacity of its founders.

Nuvoo

NuVoo Mining is another of the main mining companies in the network. It is a Canadian firm whose purpose is to provide necessary tools to generate cryptocurrencies in the cloud.

This company has a good location for its mining activities (Montreal, Canada), which translates into a lower cost of electricity. In the end, those benefits reached the client who now enjoys hash energy plans with no electricity costs to pay.

As soon as we register with this company, we receive access to the high-level security web panel from where we can manage our NuVoo services. The interface is extremely wide and detailed. Also, the company has taken as a priority to invest in security systems to protect its customers.

CCG Mining

It is another company dedicated to cloud mining. Founded in 2016 during the outbreak of cryptocurrencies, CCG Mining seeks to satisfy users who wish to mine in the cloud with low investment and very little money. CCG presents us with the option to mine different cryptocurrencies.

It is a very stable site and there are strategies that we can apply to improve performance and maximize earnings.

Its interface is very simple, so it is a good option for the inexperienced.

This company is one of the new players in the market which can carry certain risks but also many opportunities.

The million dollar question: can mining make me rich?

To be honest, we cannot promise you that you will get rich by investing in cryptocurrencies. However, there are no bad expectations in the future and it is likely to generate many profits if you have the constancy, dedication and resources.

There are a lot of success stories in these types of investments: it is certainly something worth considering.

As we have talked throughout this article, as time goes by it will be more complex to get into the world of mining. Therefore it is best to seize the moment.

Have you ever heard about Dash? Well if you’re in a search to increase your earnings, you could always try the cryptocurrency market. If you haven’t deeply researched this field, you still might have, at least, heard of numerous people, maybe one of your acquaintances, getting rich from transactions with Bitcoin. Maybe you consider that Bitcoin equals cryptocurrency. Bitcoin’s wide spread fame is true only for a general audience.

However, when you want to approach this area you will be amazed of how many cryptocurrency options are there. Among them, of course, the cryptocurrency named Dash. Not so famous, but very efficient. And this is our focus in the paragraphs below. Dash is quite interesting and it is worth our, and your, attention, and for sure, your earnings will thank you for that.

There is a full market out there of cryptocurrencies for you to “play” with, to experiment and to find new interesting ways and techniques of turning them into a long-term income.

Who is Dash

So, let us explain in detail, who is this not so well known Bitcoin brother. Dash is an open source cryptocurrency launched in 2014, which will deliver solutions very easy to use and to measure. It is newer than Bitcoin, so it became very popular among young people who enjoy cryptocurrency transactioning and especially mining. Open source, means that Dash has been developed with a technology and software which are built, tested and improved through a close collaboration with the direct users. And it also continues the improvement process, keeping this user-relationship very close.

Dash Features

Dash has a lot of features in common with Bitcoin and some of the other consacrated cryptocurrencies, on the exchange market. However the main characteristic that you will find useful, is their ability to deliver a digital cash-equivalent equally valid amount, via the Internet. They all allow you to purchase and operate with blocks for each transaction (the blockchains will keep a score on all transactions within the network).

Similar to Bitcoin et co., Dash will keep your name, address and other details anonymous. As you are under no obligation to reveal personal information.

There are, however a series of major differences from Bitcoin and the other cryptocurrency. We include here the system management, its speed, as well as the cost. And all these elements are way up in the favor of Dash. Maybe because this is a newer currency, and was launched after a more thorough and deep research made on: the already existent market, the users needs and complaints, the new hardware and software technology. Dash also benefits from wider networks and already specialized actors on mining field, as well as from a general improved know-how of cryptocurrency systems.

We want to mention yet another essential difference from Bitcoin. Dash has no public transactions.

How to Make Money on Dash

Although the currency is the new-generation, the manner in which you can get money with Dash, is a classic one. Well, classic in terms of cryptocurrencies, at least. New Dash cryptocurrency is created by mining, the consacrated manner for all good cryptocurencies. Mining, the all-time secured way to recompensate participants to transactions whithin blockchain technology. The time required to mine Dash is below two and a half minutes.

The new Dash mining systems have a very clear structure, recompensating all participants according to their level. Therefore, keep in mind that there are three definite groups: miners, masters and development team.

Each will gain as follows:

Miners will receive at least 45% recompensation, which ensures a good participation number of brains and computers, taking their role within the blockchain process.

The masters, or masternodes receive also around 45% of the currency. Masternodes are the so called Proof-of-Stake algorythms. They are different from the Proof-of-Work used by Bitcoin. Masternodes (and their PrivateSend system) will allow a person to mine or validate blockchain transactions depending of the number of coins it owns. The big benefit, here, is that they reduce the number of nodes required to approach a transaction. Thus the total cryptocurrency amount is managed with increased ease.

And third, the development team, which includes also a marketing and client support service, will get the rest of around 10%.

Dash Benefits

From the very start, Dash intended and worked on achieving an improtant improvement to what cryptocurrencies already on the market had to offer. Its creators have as their main goal to bring a plus to all Bitcoin defficiencies. And the market, so far, proves them right.

· Dash guarrantees strong encrypting characteristics in order to make its blockchains’confidentiality phylosophy a reality. This is achieved by means of a PrivateSend option.

· In terms of speed, Dash is incomparable to Bitcoin. You will be amazed with these numbers. Bitcoins has a speed of 10 minutes or even more to finalize a transaction. However, Dash brings in a reaction to a similar transaction in only 4 seconds. Yeah, you heard it right! The difference is amazing.

· In the management area, Dash is also impressively different. It offers a clear manner of incorporating changes for currency development. There is no need for the so called „hard forks” (meaning the implementing of two different solutions). As it was the case with Bitcoin and its Bitcoin Cash. The solution brought in by Dash is a voting poll system, which enables a fairly faster change implementation.

· Cost is the other element which makes a visible difference to the other cryptocurrencies. For Bitcoin the transaction fees go around 6 USD, whereas Dash succeeded in reducing these fees to just a bit over half a dollar.

Will Dash increase its value furthermore?

Dash is a quite stable and secure cryptocurrency. After the launch in 2014, it went up slowly until 2016. Then it has been blosssoming since 2017. During that year, Dash surpassed te value of 100 USD and reached an hystorical height of 1600 USD. Then it stabilized around 330 USD. Which randers Dash a well established and safe cryptocurrency to invest in, these days.

What is your future with Dash?

Dash seems to have found a good niche on the cryptocurrency world. Its focus on youth, promptness, privacy and ease, makes Dash’s forecasts, worldwide, quite encouraging. If you decide to invest in this cryptocurrency, you will become directly involved in the developmemnt of a versatile and promising system. You will personally contribute to your own succes with Dash, but also to Dash market as a whole.

Out of a vastness of cryptocurrencies, available at just a click, how will you choose the one/or ones, to start investing in? Well, first of all you must be sure that you really trust this type of activity and market. And if you are not sure about this, we just want to remind you that there are so many individuals who simply got rich on it, in the last 10 years, by standing at their PC.

This is why we are presenting you a very interesting and rooted cryptocurrency, called Monero, and we can tell you, by now, that it is worth your attention.

Who is Monero

There is a wide cryptocurrency world, out there, and almost each day a new one appears. This is a reality especially after 2017, that brought the big cryptocurrency boom. However some valuable non-Bitcoin cryptocurrencies got consacrated and grew solid roots even before that year. This is the happy scenario with Monero (or XMR) who was launched in 2014, as an alternative to Bitcoin, and proved to be quite a long-run competitor. It was designed, and came in the game, with the market asset of confidentiality. Its creators designed Monero to focus on all aspects of confidentiality, so everything around XMR, features, advantages and benefits, issues, all start with confidentiality.

Monero is an open source cryptocurrency based on blockchain transactions, just like Bitcoin. It holds the same technology logic as the majority of cryptocurrencies. The delivery of a public registry for all transactions takes place within the online system. As per Monero representatives, they proudly let everybody know that a group of 240 developers contributed to its design and improvement, in a close collaboration with representatives from the users group.

It was intended to hold back transparency, as we mentioned before, for the privacy of all users, around the world. XMR system hides the expeditors’ and receptors’ identities, as well as the amount of each transaction.

Monero Features

As opposed to Bitcoin, Monerro guarrantees a higher degree of confidentiality, because all its transactions are well hidden. In order to better understand how this is possible, and feel safe on your decision to invest in XMR, we want to remind you the way things go, by comparison. Bitcoin has limitations regarding privacy and intimacy, even if it uses fake names and addresses. Because all this data is recorded in the blockchain, which makes it traceable and publicly available. This means a vulnerability of data risk to be linked with the real name of somebody.

And here comes the Monero asset, which hides its transactions by encryption. Thus it ensures the protection for all addresses and amounts that are being transferred. Practically you will deal with fully XMR hidden transactions, thus integral privacy when choosing this cryptocurrency.

How to Make Money on Monero

If you choose on giving Monero and your earnings a chance, you will enter the fun, fascinating world of cryptocurrency mining.The same operation with the most cryptocurrencies out there. For this action you have at your disposal a wide range of cloud systems that will rent you computing services and protection in your dealings with cryptocurrency.

XMR mining does not require a specific hardware equipment, you can do it from your usual computer. It works with all platforms: Windows, Android, Linux and macOS.

Just like Bitcoin, it uses a Power of Work (PoW) algorithm (which requires validations from all nodes in the network). It is versatile and accessible to all types of miners, either big mining centers, or individuals. This system does not require a high processing speed, so any standard computer will do. This is one of Monero’s advantages as compared to others.

The compensation for mining XMR is a so-called „permanent reward”. This means that you will always be rewarded a minimum of 0,3 XMR even if you don’t get results. Then this reward increases as per your mining success. As XMR has a PoW algorithm, in order to be rewarded you have to be the first to solve tha hash (the digit code).

XMR Benefits

The high confidentiality levels make Monero a cryptocurrency with many benefits on the market, weather you are a professional player intending to get rich on it, or a hobbist who aims at getting extra earnings.

· Unlike other cryptocurrencies, one unit XMR is interchangeable to any other. Yes you might be surprized, but this is nolt actually the case for all cryptocurrencies. It doesn’t matter what Monero coin you will get, there are all the same. To clear this issue even more, please find out that Bitcoin units are registered on a blockchain that shows transaction hystory and they can be associated with certain events, either positive or negative. Thus, in case of Bitcoin, but not limited to it, there is the possibility to have some units less valuable than others. On the contrary, due to its hidden/confidential blockchain technique, nobody can make a distinction between one XMR coin or the other.

· XMR has a fast time respone. It generates one block in arround 2 minutes. (Which is far better than the 10 minutes required for Bitcoin). So your mining productivity and your gain will substantially increase.

· XMR is a cryptocurrency with a limited amount of units, thus it is inflation-proof.

Will Monero increase its value?

XMR had a slow and equally low start. It reached only a 0,25 USD in 2015, however it really blossomed in 2017, went up to 65USD and then, finally to 475 USD at the end of 2017. It stabilized around the value of 200 USD and it remains at this level, still.

As XMR is a deflationary cryptocurrency it can benefit a lot from the network effect, thus its price has high chances to go up, due to increased use.

What is my future with Monero?

So far Monero really kept on strengthening its position as a queen on the niche of confidentiality, within cryptocurrencies market. This provides it with the best forecasts there is. It is stable, safe and very robust on the market. Though it may not generate boom moments, it is recommended for a long run, having a quite stable pace.

No matter your experience with cryptocurrency, we support you to try entering on this type of market. Or if you already have some experience with this, we support you as well, to develop your skills in this specific area. And that is because we really consider cryptocurrency mining on clouds as a good and solid way of increasing your earnings, and even getting rich in some situations.

For that reasons, we want to present you with alternatives to the all famous cryptocurrency Bitcoin. This is not the only one on the cloud system mining cryptocurrency market. Moreover, you will discover that there are a lot of cryptocurrencies equally effective and profitable, or even some with advantages over Bitcoin in several areas.

Among these alternatives, there is ZCash (ZEC). It caught our attention with its many benefits and we are thoroughly reviewing it in the following lines. Here is why and how is advantageous to make money on ZCash.

Who is ZCash

ZEC is a crypto project that started with the idea of Zerocoin/Zerocash , which was first suggested in 2013. However Zcash was launched in october 2016, being a Bitcoin fork, meaning extracted from Bitcoin. This makes it fairly similar to Bitcoin system.

However ZCcash has two transaction types: public and private. This is exactly the feature that separates it from Bitcoin and brings it a big plus. The public transactions are based on the same technology system as Bitcoin. When you download the official ZEC wallet, you will immediately see that you get access to a public address (t-addr) and a private address (z-addr). You can choose between the two transactional types.

For the Bitcoin-like transactions, you will deal with fully transparent and public transactions.

The Zcash confidential feature becomes active only if you choose it on purpose.

ZCash Features

ZEC is a fairly interesting cryptocurrency, and distinctive from so many others, even from Bitcoin. It has an interesting partnership with JPMorgan via the open source project called Quorum. Its top confidentiality technology might even be soon implemented for other cryptocurrencies’ networks and blockchains. And there is a general assessment from cryptocurrency system’s specialists that it will get a capitalization of 960 Million USD.

ZCash grants you full control over the information that you want to share. You can use payment disclosure and special viewing keys to share a certain transaction detail with third parties of your choice for compliance or audits.

How to Make Money on ZCash

Zcash is a decentralized currency. This transcribes in the fact that there is not a central point or a sole administrator for this cryptocurrency. You have numerous opportutinities and offer packages to mining on all the cloud services out there. All these cloud systems work similarly and your participation takes place, more or less in a similar way. As a miner you are the one to process and verify all the transactions, whereas the platform will rent you the computig power and security protocols. Your job is to focus on supervising markets and choose a pool where to mine on. Thus your own and each participation is of utmost importance.

As ZEC is a finite amount cryptocurrency, its market value will increase with the increase of transactions and nodes in the network. So yes, don’t be surprized that your participation to the mining community will reward both you and the entire mining community.

The blockchain and each respective network follow only the already protected amount of coins, and there is no interest for whomever reveals another number of coins. All coins enter at once, and whenever somebody extracts a small amount, there is no manner to correlate it with the initial quantity. This makes Zcash somewhat vulnerable.

Mining on Zcash will bring you rewards which equivalate to a certain amount of ZEC coins. You can use ZEC to purchase goods and services, you can exchange it for other type of currency, like EUR, USD, and other, with the special authorized exchange operators.

ZCash Benefits

· ZCash uses a cryptographic tool which is called Zero-Knowledge Proof (zk-SNARK). This is how users are able to perform transactions without having an obligation to reaveal any of their identities or data to the transactional partner. This system makes the blockchains untraceable by hidding the addresses on both sides, as well as the amounts delivered. The data on blockchains are shielded so it’s almost impossible to go towards the real identity of the transaction. This is a major difference from Bitcoin, as well as from a lot other cryptocurrencies, which have public databases with transfers and addresses. The Zero-Knowledge Proof ensures the high degree of fungibility, and since the two parties involved are anonymous, nobody can reject the coin payment.

· Such a strict confidentiality is benefic especially for companies that want to hide their info from competition, as well as for the already rich miners that do not want their activity and strategy to be puiblicly exposed.

Will Zcash increase its value furthermore?

These days, Zcash amounts around 50,68 USD, and has a transaction volume within 24 hours of 359.444.265 USD. Its reserve in circulation amounts 9.1 Million coins. As all respectable cryptocurrencies, it reached its pick in 2017, to an amount of 800 USD for one ZEC. And then it stabilized. ZEC is currently in a decreasing trend, so this is a good period of time to invest in it, because the forecasts are that it will grow again on the long term. As the market includes a total number of 21 million ZEC, it is estimated that it will last untill 2032 to discover all the existing coins. So here is some very interesting data for you, that strongly indicates why ZEC is such a good investment option.

What is your future with Zcash?

Due to the high confidentiality level with ZCash, this has become and will continue to be strong in its specific niche, a very good asset for companies or individuals that want to protect their data, their trade secrets and tactics, and everything else of private importance. So, ZEC is a cryptocurrency that already proved its worth, and will continue to be a strong partner for you on the cryptocurrency market.

As we want to enter an in-depth analysis of cryptocurrency widely known as Ripple, and of the ways that you could make a lot of money with it, we need to make a clarification right away, before starting new detailed paragraphs.

Ripple is just the name of the company that produces the etoken called XRP. You will see that generraly people reffer to Ripple as both the company, the system, and the cryptocurrency. However if you want to enter the world of cryptocurrency and get your earnings high up, either prpofessionally or just like a hobby, than you must be well aware of the fact that XRP is the actually cryptocurrency to purchase. So when you want to increase your earnings on the cryptocurrency market, and go beyond the all so famous Bitcoin, you could just try on this very interesting XRP coin from Ripple.

Now let’s see exactly what is with this crypto coin, which became a tough competitor for the other cryptocurrencies like Bitcoin.

About XRP

Ripple company was founded in 2012, on a market when the cryptocurrencies were not new, however they did not have yet the success that we all know today. Ripple Lab is a US-based technology company. They have developed a whole system for real-time gross settlement, currency exchange and remittance. The currency they created is called XRP, which works with an open source protocol.

Since 2018, XRP has become the second largest coin by market capitalization.

The company behind XRP uses a common shared database, a distributed one which is storing all information about all the Ripple accounts.

Ripple was named in 2014 by MIT Technology Review as one of the smartest 50 companies in the world.

Ripple System

They have developed a network that isn’t actually transferring money from one place to another. They just transfer the equivalent of it. For one transfer, at least 4 members are involved: the sender, the recipient, one dealer, and another dealer.

Gateways. These dealers are called Gateways. A Ripple gateway is usually a financial institution. The network is very wide, and not all actors in it know each other. For this to be functional, Ripple connects each gateway with all the others through chains of trust.

Chains of trust. These are links between two gateways that trust each other. There also can be indirect links of trust. They transfer transactions information to each other by use of https, with protocols that are also used by the banks for their money transactions. After the transaction, within only 3-4 seconds from the payment, the Ripple network notifies and updates the gateways and their lodgers. After the transaction, the tokens are destroyed, thus the XRP remain solely at their beneficiaries and holders.

Making Money with no Mining

Ripple has issued a fixed amount of XRP, amounting 100 billion tokens which are in rotation. The company hold 60 billion in escrow and 1 billion coins is released per month.

Unlike most cryptocurrencies out there, XRP does not involves mining. All tokens are premined, so they can be traded with a minimum of transactional cost.

The network is managed by numerous independenty validating servers that constantly compare their transaction history. Servers can belong to anybody anywhere in the world, including banks and cloud server networks. Ripple instantly validates accounts and balances for pasyment transmission. The payment notifications are delivered as fast as the other processes, speed being one of the main assets of the entire Ripple philosophy and procedures. The only delay involves a few seconds.

Payments are irreversible, there are no chargebacks.

Regarding the energy consumption, running a server on Ripple is quite comparable to running an email server. So you can become a Ripple participant without an impressive investment. Or you could even rent the computing power from the specialized cloud servers out there.

However the Ripple network can be used for any type of other cryptocurrency, not just for XRP. When Ripple system can’t find a chain of trust between any of the two gateways, in its place they can secure a transaction between two gateways with XRP.

The fees for any transaction within the Ripple network are variable and dynamic, based on demand. This is an anti-spam measure. Thus you can feel safe while transacting XRP. And the best news is that the XRP transactions continue to get even safer by the increase of the network size.

So you can get directly involved in XRP Ripple transactions and you will contribute to the increase of security and decrease of fees, as long as the transaction volume goes up.

Verification of transactions

Unlike the mining process for most of the cryptocurrencies, the Ripple system works on a consensus protocol. The system is a peer to peer one, which means the participants are all connected to the network. There are no multiple networks. Some of the participating devices play the role of making and receiving payments for their users (the sender and recipient), whereas the other participants have the role to validate based on the consensus protocol (the gateways).

The work of a validator gateway is to check up the ledger for a respective transaction, meaning the situation registered for the transaction within the network. Then it has to agree to this current state of transaction by use of the Ripple Protocol Consensus Algorithm (the RPCA). The validation process requires a certain number of consensus “yes” votes, meaning 80% agreeing on a specific transaction.

The Future of Ripple

The price of XRP continues to grow, and the forecasts say it will continue the ascending trend. Based on this market success, the company Ripple is planing on extending its services. They also intend to maintain their investments in creating faster transactions, and to back major financial institutions.

The price of XRP coins, as well as the transaction fees, are lower than those for Bitcoin or other cryptocurrencies, which makes XRP ideal for cross border transactions.

Cryptocurrencies, in general, are these volatile tools that will highly fluctuate on short-term, so you need to take on a strategy that is centered on this knowledge. Ripple XRP is a cryptocurrency and a company with a lot to offer especially on a long run.

In today’s era of Bitcoin and cryptocurrency, if you are still confused about how much can you earn on cryptocurrency? Well, most of us do, and in that case, understanding what is a cryptocurrency and what are the best ways that have been implemented by other people will possibly be the first

Cryptocurrency basics

As a general thumb rule, in any type of financial matter; if you are really unsure about the output; it is always better to invest less at first instance. As a beginner, your primary goal is to understand the theme, instead of being rich at a faster rate. Experts who have already been dealing with such financial cases have set certain types of algorithm pyramid, such as:

How much can you earn on cryptocurrency?

The market being very highly unpredictable, it is rather very difficult to be assertive; because of which, there are higher chances of bankruptcy. In the end, every decision has to be made on the basis of your previous trading experience; which can be helpful for you to gain 100% profit during the entire month. And if in case you are very perfect in your predictions, there are chances that you gain profit in more than 5000% that too just in a couple of days. Experts have also suggested that you need to be very committed to your decision and prone to take the risk; in order to increase the chances of profit.

In this regard, we have come up with certain ideas that can be implemented in order to gain higher profit in cryptocurrency. They can be noted herewith:

• Be a safe player

One of the safest ways to get better profit in the world of cryptocurrency is to rely only on good products that have higher market demand. You need to have better financial security so that you can confidently buy and sell cryptocurrencies depending upon the increasing market rate for better earnings.

Some of the most popular currencies are Bitcoins, Binance, Tezos, etc. These currencies are well known for their higher market rate. It can at times much easy for you to hold these currencies for a longer period of time, till you are assured about their higher return. One additional advantage with these currencies are they can be traded against the fiat pair of popular general currencies like US$, EUR, GBP, etc.

• Staking on cryptocurrencies

This type of transaction is preferred by many of us, because of the dual benefit of holding these coins for a longer period of time and also for getting additional dividends as a reward price; just for staking the coins. So if you are still confused with the term “Staking” then let me elaborate it further. Staking can be explained as keeping these crypto coins in your wallet as living currency; in this, you will further be rewarded additionally for securing the blockchain network. As per the statistical analysis, some of the noteworthy coins are Decred, NAV coins, Neblio, etc.

• Looking out for better dividends

Looking for options that can offer better dividends is another smart way to earn more in the field of cryptocurrencies. This can be achieved by buying some of the crypto coins and holding them for a longer period of time. Some of the well-known cryptocurrencies that can be suitably categorized under this section are NEO, KuCoins, and BTMX.

• Do you know about Masternodes?

Running cryptocurrencies in the form of masternodes has been known as one of the best ways to earn money in a passive manner. Masternode is a computer wallet that has a full version of the blockchain and can display the same in a real-time manner. This can be directly correlated with the Bitcoin nodes also, wherein you can always perform certain tasks on a virtual platform. As of now, different cryptocurrencies are included in this category like DASH, PIVX, etc. You should also crucially understand that in order to deal in this category, you need to have a certain number of initial coins with you that are usually around 1000-25000 depending upon the currency type.

• Daytrading stuff

If you have enough real-time trading experience and understand the market in a better sense; then day trading is specifically suitable for you, as a quick earning option. Different crypto coins that can currently be opted for day trading options are Binance, KuCoins, and BitMex. It works with a simple principle, buy currencies at a lower rate and start selling them at a higher price. However, you should note that the market associated with cryptocurrency is extremely volatile; and unless you are very sure about the outcome, you don’t really have to deal with this.

• Work for it

This can be another perfect way to deal with this segment for better-earning rates. You can start exchanging your expertise, which can be anything for earning cryptocurrencies in return. This way you will get higher benefits for price appreciation. Some of the crypto coins that you should start working with immediately and will not fail you are Bitcoin, Monero, and Litecoin.

Written by: NicoleKen

Among the hundreds of existing cryptocurrencies, surely the best currency to invest in this 2020 is Bitcoin followed by Ethereum and Litecoin, we will see in the next lines why.

For those who invest for the first time in Cryptocurrencies there are some important and simple tips to follow. This type of market has huge leaps in growth and in loss as demonstrated last year and these first months of 2020, so I suggest you invest only a sum of money that you are willing to lose without causing problems.

Second even more important is cold-blooded, essential to not get caught up in anxiety or panic and sell immediately on the first drop, as cryptocurrencies suffer incredible rises and falls whenever news is positive or negative for them. Following these two rules will be a matter of luck and timing to decide a good or bad investment.

Third and final advice is to always focus on the most known and stable crypto-names and on the safest Exchange services such as Coinbase, since over time there have been many problems with unreliable exchange services.

Being a very volatile market (i.e. with huge swings of even 25% in a single day) it is possible to earn by exploiting these swings, taking into account the exchange site commissions. If you don’t want to continually see the trend of cryptocurrencies, which is very stressful especially when there is money at stake, my advice and what I am also doing is the following, or to allocate a figure that you intend to invest in the purchase of a cryptocurrency and leave it parked, waiting for an increase in value that will satisfy you and then take back the revalued capital.

It is currently the cryptocurrency with the highest value and most convenient to invest in, with an importance that influences all other cryptocurrencies with its performance, therefore it is certainly recommended as an investment, as it is one of the pillars of the electronic future of coins, with the recent possibility of trading bitcoin futures stocks. This is the main cryptocurrency exchanged on the most important platform for buying and selling cryptocurrencies, or Coinbase. All cryptocurrencies have suffered significant collapses, but bitcoin is one of the few that, however, since its inception, has maintained the highest growth, going from less than 1 euro cent, to the current approximately 3500 euro. So even if it has touched peaks of 16,000 euros and has now fallen, it is still the best cryptocurrency to invest in, on the other hand, it cannot be hoped that its value will always increase. Furthermore, given its stability and the sudden price changes which nevertheless never lead to devaluing it like other crypto-entities, it is possible to earn between one peak and another, which usually occurs in 24 hours, even the average daily 3% of the invested capital, if you «spot» the trend of bitcoin.

Ethereum

Ethereum is currently the second best currency to invest in, followed by an excellent alternative like Litecoin, with a stability superior to many other cryptocurrencies. The main advantage of this currency is given by its visible stability in its performance, where it is possible to observe greater growths when all cryptocurrencies grow and less marked drops when the market trend is negative. This coin can also be purchased on Coinbase.

Litecoin

Litecoin is currently the third best cryptocurrency to invest in. Its value is still relatively low compared to Bitcoin, but the number of cryptocurrencies that goes up and down is the least negatively affected. Litecoin has also been included in the most important platform for buying and selling cryptocurrencies, or Coinbase.

Litecoin was born in 2011 from an idea by Charlie Lee, a former Googler graduated from MIT, who confessed to being inspired by Bitcoin, but with some changes that make Litecoin better than Bitcoin to date.

Litecoin, (abbreviation LTC) is a P2P (peer-to-peer) type cryptocurrency, which with its technology has allowed other cryptocurrencies to be born. Like all cryptocurrencies, it is not issued by any central authority, but is generated thanks to mining. For every miner who resolves and checks a block, 50 Litecoin are obtained. In the blockchain every 2.5 minutes the network generates a block, while for Bitcoin it takes 10 minutes. The limit number of Litecoin that may be in circulation is 84 million, against 21 million in Bitcoin.

BitcoinCash

Bitcoin Cash is one of the most recent cryptocurrencies, born of a split with old Bitcoin, it suddenly shot up in value after the announcement of its landing on the American Coinbase exchange platform. At the moment it is a bit risky to bet on this cryptocurrency as it is very volatile, with huge positive and negative fluctuations. There are many potentials for the future, but it is good to wait a little longer. This coin can also be purchased on Coinbase.This new cryptocurrency was created by a group of investors, developers and miners, to overcome some of the big limitations of the original Bitcoin. there is a further split occurred at the end of October 2017, or Bitcoin Gold born to bring greater power to individual users who make mining, an operation that becomes increasingly difficult and requires very powerful multiprocessor systems that a normal user cannot afford.

At the moment it is a bit risky to bet on this cryptocurrency as it is very volatile, with huge positive and negative fluctuAll the coins from Ripple to follow, stand out among the hundreds of cryptocurrencies present and are provoking modest interest. They are relatively new and still have a not excessively high value that ranges from € 0.20 to over € 600. I recommend investing moderately, as they are still new.

With Worldcoinindex we can have the value in real time, percentage of variation, maximum and minimum value of the last 24 hours, graph of the last 7 days, trading volume, number of virtual currencies and capitalization of all cryptocurrencies.ations. There are many potentials for the future, but it is good to wait a little longer. This coin can also be purchased on Coinbase.

Written by: zalkeo1

Do you feel like making money from bitcoin should be easy and straightforward? By now, you should have heard of cryptocurrency and various ways to make money online from it. If not, at least you are curious about the various investment opportunities available in digital currency or even how you can get yourself some free bitcoins. This coin is a digital currency that enables safe transactions worldwide and securely through encryption.

The currency is also not regulated by any association or government, and its control is by the investors and users of the money. Contrary to popular opinion, there are many easy ways you can get earnings from bitcoin. Most of the techniques, if followed correctly, will make you rich in the short or long term. Below are some of the best ways to make money from bitcoin and other digital currency.

1. Bitcoin Mining

In this approach, you don’t have to do any physical mining to get the coins. So why then is it called mining? The reason is, the currency miners have to bring the coin to the surface using special software’s. The procedure of mining bitcoins used to be relatively straightforward. However, nowadays, miners have to purchase sophisticated machines whose processors are not readily available to the typical person.

These expensive and powerful computer accessories have the power to solve the complex algorithms required in the process of mining. One of the ways miners try to bypass the issue is by teaming up in mining pools where they leverage their processing power. It may look like a very complicated way of making money from cryptocurrencies, but it is my favorite since I use cloud mining and do not have to pay lots of money for specialized mining equipment.

• What Does Cloud Mining Entail

This method is an approach where you delegate your mining processes to a specialized company. At this stage, you select your computing capacity according to your mining needs and budget, then the company’s support sets it up for you. This facility makes your work very easy since you don’t need a graphics processing unit (GPU) and that any person with zero technical skills can embark on their mining journey almost straight away and start receiving earnings.

• Using Cloud Mining to Make Money

Once you are satisfied with the cloud computing facility to use, the next steps are elementary. The standard rule is, the bigger the processor capability you can rent, the more coins you can mine. Next is deciding on the contractual period you want to rent the service. Most facilities go for a minimum of a year, although you can choose a continuous period. To bring you to perspective, working with minimum capacity computing can earn you up to 150% of your outlay.

So, if you consider the fact that digital currency has the likelihood to grow tremendously, the value of your annual coins can make you a rich investor. You can also pre-calculate average daily income using specific calculators before selecting a cloud mining facility. Here you define the amount of investment you want to put in, the processor capability, and the digital currency you wish to purchase. From there, the cloud mining service then gives you the estimated average daily revenue.

2. Using Bitcoin Faucets and Pay to Click (PTC) Sites

In this method, if you are the individual that does not mind opening ad websites and answering a few questions, then this is not for you. In a typical sense, these sites make cash from ad revenue in their site. The visitors that visit their website and write captchas get a small fraction of their annual income generated. On the other hand, PTC sites will pay you a percentage of revenue if you can sit and watch an ad to completion. Be warned that this is a very tedious process, and to get a significant amount of money is arduous work.

3. Long Term Investment of Bitcoin (Purchasing and Holding)

This approach is one of the easiest ways to invest in digital currency. The first step is ensuring that you have a cryptocurrency wallet where you store your coins. Most sites will give you a free one once you create an account with them, for instance, Paxful. Although, you should be careful to ensure that the site you intend to use is very secure to avoid losing your coins. This method relies on your investment skills, speculative talents, and patience. You should ensure you do your research and make proper conclusions since you don’t know when the bear market is beginning. There are many factors to be considered before determining the value of bitcoin, and you should not trust one person’s opinion.

4. Cryptocurrency Day trading

Just like buying and holding, there is a lot of potential in day trading bitcoins. The difference is that unlike holding, trading is mainly short term. It can range from 5 minutes trading to daily trading. In this method, you buy low in the hope that in an hour or a day, the price will be higher, and then you can cash in on the profit. Also, in trading, you can take advantage of both the upward and downward movement of the coin.

Therefore, you can make money in not only the bull market, but also a bear market by going short. Caution should, however, be exercised in day trading because of significant fluctuations in price. Day trading has a lower risk as compared to long term investment if done with proper risk management. If you are prepared to invest time in understanding the fundamental economics that drives the digital market, then trading can make you a significant amount of money in both the short and long run.

General Tips in Digital Currency

It is essential to be vigilant when exploring the digital currency space. Ensure the safety of your wallet by making sure you have updated antivirus and also by backing up your coins. These measures are because of the digital threats that are lurking all over the web. Similarly, know that just like any other financial market, the digital world is prone to fluctuations. Therefore, there is an inherent risk of loss of coin value. On the upside, the market is growing steadily, and there will be a new creation that will have demand hence more opportunities in cryptocurrency.

Written by: PaisleyEV