All posts by Sherry Wood

Budding Cryptocurrency: Feathercoin

Budding Cryptocurrency: Feathercoin

It is a cryptocurrency released as an alternative to highly popular Bitcoin. It was created in 2013 and has very small volume of trade but despite of that it is still active. This is a fork of Litecoin and has many similarities with blockchain based other Cryptocurrencies and is considered as another clone for those currencies. Inspite of this Feathercoin has hung around in the market for quite a long time. The developers of this coin initially had some grandiose plans for the project like t-shirt wallet and physical coins with attribute like laser etching.

Key attributes of feather coin

It has many similarities with Bitcoin and Litecoin but differs from them in some key areas including the following.

  • Time taken to generate a block for this is almost a minute, to confirm a transaction it takes one tenth of time compared to time taken by bitcoin blockchain.
  • Here the miners gets reward of forty coins for each block, the reward gets distributed among the miners in the chain who solves the puzzle.
  • About 336 million feathercoins can be created where as 81million Litecoin and 21 million Bitcoin can be produced.

What are the other features that make it different?

To solve the aforementioned cryptographic block it uses Neosript algorithm technology instead of SHA 256 as used for Bitcoin. Compared to SHA 256 design Neoscript is less complicated and not processor intensive. At one point of time this technology was unique to feathercoin but later it was adopted by many other altcoins.

How can you mine a feathercoin?

It can be mined using processing power of CPU and GPU since it uses Neoscript technology. It can be mined using existing hardware or through mining rig that can hash with Neoscript or similar algorithm. It is convenient for the beginners to mine it through mining pool where the reward coins gets divided into the miners but for experts they can mine on their own. Although this coin does not rank among top hundred crypto coins but has some fairly good number of active mining pools.

If mining is not your cup of tea then you can trade, buy or sale this currency for other digital currencies and even for fiat currencies like US dollar.

Like any other Cryptocurrencies that works on blockchain technology, transactions of feathercoin coin can also be viewed in real time via block explorer.

 

 

Budding cryptocurrency: Feathercoin

Budding cryptocurrency: Feathercoin

It is a cryptocurrency released as an alternative to highly popular Bitcoin. It was created in 2013 and has a very small volume of trade but despite that, it is still active. This is a fork of Litecoin and has many similarities with blockchain based other Cryptocurrencies and is considered as another clone for those currencies. In spite of this Feathercoin has hung around in the market for quite a long time. The developers of this coin initially had some grandiose plans for the project like t-shirt wallet and physical coins with an attribute like laser etching.

Key attributes of feather coin

It has many similarities to Bitcoin and Litecoin but differs from them in some key areas including the following.

  • Time taken to generate a block for this is almost a minute, to confirm a transaction it takes one-tenth of time compared to the time taken by bitcoin blockchain.
  • Here the miners get the reward of forty coins for each block, the reward gets distributed among the miners in the chain who solves the puzzle.
  • About 336 million feathercoins can be created whereas 81million Litecoin and 21 million Bitcoin can be produced.

What are the other features that make it different?

To solve the aforementioned cryptographic block it uses Neosript algorithm technology instead of SHA 256 as used for Bitcoin. Compared to SHA 256 design Neoscript is less complicated and not processor intensive. At one point in time this technology was unique to feathercoin but later it was adopted by many other altcoins.

How can you mine a feathercoin?

It can be mined using the processing power of CPU and GPU since it uses Neoscript technology. It can be mined using existing hardware or through mining rig that can hash with Neoscript or similar algorithm. It is convenient for the beginners to mine it through mining pool where the reward coins get divided into the miners but for experts, they can mine on their own. Although this coin does not rank among top hundred crypto coins but has some fairly good number of active mining pools.

If mining is not your cup of tea then you can trade, buy or sell this currency for other digital currencies and even for fiat currencies like US dollar.

Like any other Cryptocurrencies that works on blockchain technology, transactions of feathercoin coin can also be viewed in real time via block explorer.  To know more please click on the link full report.

 

 

Security Token Offerings- The New Approach to Crypto Funding

 With many eventful happenings in the Crypto space, there are newer technologies that are waiting to be discovered and applied to the various domains in the financial world. While the presence of Cryptocurrency has almost become certain, and they coexist with traditional exchanges and offering services, the ICO has been having a fair share of running in the crypto exchanges, there are, many regulatory issues that have tied them down often. With countries questioned by the regulatory aspects of ICO, many frauds and accusations have taken a toll on the ICO offering.SEC has clamped down on the frauds running in the shadows of ICO to raise digital currency and reconverting them into fiat currencies.

More about Security Token Offering -STO

The more innovative STO has come as a blessing in times of high regulatory requirements, as a satisfactory means of raising the required capital for the blockchain that is more legitimate. In spite of regulatory authorities diving down their noses, ICO has raised more than $5 million for funding the research and development of next generation, flexible Blockchain to the other industries in the economy.

Companies are clearly differentiating while offering the security tokens and ICO that have a limited use. The creators have made the encrypted coding to be more usable and continue reading to know how the security tokens have picked up a lot of interest among the corporate, who offer them for smaller amounts to log in issues for whistleblowing issues within the company. The tokens have a promising start and offer accessibility to platforms of the trade like Bitcoin Trader, services or network that are used to highlight certain important updates, issues or announcements within the organization.

There is a huge backing of assets when it comes to security tokens, like something tangible, stocks, revenue, profits of the company against which the tokens can be offered, that is quite a difference from the ICO. They are quite similar to the shares offered by a company, except that they are used with the underlying blockchain technology, and hence are tied to some process, tasks like voting, reporting tools.

As the expert standpoint in the crypto world suggest that STO could a be a compromise for the ICO offerings that has been heavily regulated in recent times by SEC, pulling them out of other exchanges that do not regard them as legal tender, and keep the unwanted, frauds to keep out from the digital coin currency network.

 

 

 

 

 

 Initial Coin Offerings –The New Beginnings

                                     

The relatively new funding venture by crypto companies, that is similar to the initial public offering has come to lead the crypto space, and is more or less the next phase in establishing the cryptocurrency as a crowd-funding concept to widen the reach of digital currency across the globe. Overall, there has been more than $200 million raised through ICO that is phenomenal, in terms of the growth and the trust that people have placed in the digital assets over the years.

More insights on ICO

The initial coin offerings by crypto companies, startups to get access to funding through the issuance of digital tokens that are proprietary, anyone can participate in the ICO and obtain the tokens without any intermediaries or restricted with any regulations. The tokens can be traded by the users within the platform continue reading for the purchasing and selling in the decentralized exchanges that double as crypto trading platforms.

  • the funds raised by the ICO are used for the further research on the Blockchain, and other decentralized applications
  • this decentralized manner of raising funds, looks easier way out, to venture capitalistic who have many processes and timelines to be followed, the ease of getting crowdfunding for ICO is simpler
  • the prices of cryptocurrency are steadily increasing, hence ICO token buyers stand to gain, rather than venture capital firms who gain initially and somewhere in the middle it is a slow pitch
  • it is easier and faster to raise ICO than other means of capital for the business, Bitcoin Trader and other trading platforms will slowly tie up with the exchanges to raise the ICO tokens
  • with the key authorizing a series of characters or numbers to entitle the token holders to redeem in case of price rise, sell or store them in their private wallets
  • the digital tokens, however, do not have any attachment in the rights of purchasing the shares of the company or the assets
  • startups have been finding the ICO as the best way to raise the capital funding without any financial statements or other regulations in place, however, there are regulations that have been in the process to have certain conditions to be fulfilled to issue ICO

 

Since there was no equity in the offering, often the ICO managed to avoid the regulatory laws that are not stringent on the entire crypto scene, however, there is a lot more going on today, to have a good mix of Crypto and traditional public offerings to raise the capital outlay of companies.

 

 

 

 

Hargreaves Lansdown-To let Bitcoin Investment

Hargreaves Lansdown-To let Bitcoin Investment

Bitcoin is the ever growing leading cryptocurrency in the field now. It has been moving more and more steps forward in becoming the fully fledged integral part of the financial world in the recent times. One of the latest news is that Britain’slargets online platform Hargreaves Lansdown, which is trading activity platform like bitcoin loophole is not a scam, will be soon allowing its users to invest in Bitcoin. Hargreaves is a famous trading platform, which involves around 870,000 customers and investment from the overseas about $91 billion. It’s a monetary benefit which is situated in Bristol that offers and finances and numerous related products. The organization was found in 1981, by Peter Hargreaves and Stephen Lansdown who began to exchange from their rooms. Do these changes benefit the Hargreaves customers from a financial view? Let us see:

Hargreaves Investment

Hargreaves has planned to give access to many customers to invest money to track the price of Bitcoin. This money is offered by Swedish Company XBT, this will act as the exchange-traded note, or as ETN, according to the telegraph language.ETN is money which is mentioned in the stock exchange so that customers can sell and buy investments like shares.

We can see that XBT is working as synthetic certificates, which is tracked by US dollars, and these follow the price of Bitcoin.The ETN will overlooks the Swedish krona. This will help the Hargreaves customers to see 2 different types of currency risk present, most of them will be British.

Hargreaves Customers

XBT has said that Hargreaves customers might face some risk in investing in ETN. The value of the certificate will be highly affected by the performance of Bitcoin in the market and U.S dollars/krona exchange rate. But this will not risk the Bitcoin customers; this will show the future of digital currencies and its long-lasting securities for Hargreaves customers.

Hargreaves Operation

Hargreaves Lansdown has decided to include ETN on its platform soon. A spokesperson for Hargreaves said that a few customers have asked for the ETN. This platform is making available for self-select investors in many ways. They offer access to 3000 exchange-traded funds, commodities, and notes. They have the opportunity to invest in the Investment bitcoin trust. It looks like another platform might follow the same root since the bitcoin, particularly in the cryptocurrencies, have been performing in an exceptional performance in the last few months.

ETP ’s, the broad investment exchange contains both standard exchange-traded funds and exchange-traded funds.

 

At the beginning of 2017 Bitcoin, the leading digital currency has doubled in price. Vantageasian is an investment platform in this company that makes the customers hold to different types of investments. The company has £86 billion of assets, as of this year 2018. So as per the report, Hargreaves will let Bitcoin invest in this platform.

 

Why Online Trading Is Most Preferred By The Investors

Why Online Trading Is Most Preferred By The Investors

Online trading is gaining popularity by each passing day. Each and every day new investors are entering the market. As the competition keeps increasing, it is also likely different kinds of threats and scams to come up.  But online trading has more benefits under its belt and listed below are few of them.

Benefits of online trading

The market will be open 24/7- As the market is open day and night, it gives an opportunity to all the investor to carry out their work in their convenience.  You can do your research and trade whatever time you want and from anywhere you wish.  It also can be done along with your regular job and your daily routine will not get affected.

Online trading platforms or brokerage firms-  If you are new to the market, you need to be careful while choosing an online brokerage firm as there would be few of them will be a scam and you will end up losing money. It is always ideal if you read through all the reviews of the software’s and brokerage firm before you choose one. You can read reviews online and it will help you in picking the right one. In case of online trading of cryptocurrencies, you can choose the software bitcoin loophole. You can read its review here and Bitcoin loophole is not a scam.  These online trading platforms will help you to earn money and you need not have to worry about your money being invested in the wrong asset.

Speedy transactions- With the help of the online trading, one can carry out their transactions quickly if you have a good internet connection.  Also, you can view all the latest updates about the market within few seconds. It offers valued information which can be utilized to make wise decisions. You will not lose any money by making a delayed deal.

Real-time progress- The online trading platforms offers the investors or traders to view their investment progress in real-time. You can view the changes in the market every minute. This will help the investor to study the market carefully and take the decision to buy or sell accordingly. Vast data of information is available in just a click away. All the historical data and the past trends can be viewed online and a careful study can be conducted by the investor. The life is made easy for the investors with the advent of technology in the financial market.

 

 

 

Factor That Impact Credit Score

Factor That Impact Credit Score

Credit Usage

This is known by another name, credit utilization ratio which plays an important role in credit score calculation. By maintaining the ratio less than 30% you can keep your credit score up to the mark. Keep your trading skills up to mark and learn more about it. We can say that the balance kept should be as low as possible on the credit card since it will be good for the credit score. Credit usage is will have a notable impact on the credit score as FICO makes use of this to decide how responsibly you make use of credit.

If you want to keep your credit usage low you can do the following things:

  • Keep the balance in the credit card low.
  • In a month make more than one payments.
  • Keep your credit limit high.

Derogatory Marks

The list of derogatory marks is as follows:

  • Tax Liens
  • Collections
  • Bankruptcies
  • Debt settlement
  • Foreclosures
  • The judgment that is due in civil court regarding your report.

All the above-mentioned marks will impact in a negative manner on the credit score and they will stay on the report for seven year or 10 years and sometimes more than that. It is of high importance that everyone has a check of their credit report at least every year once.

It was found that one in every five customers had a fault on either one or multiple credit report according to the study done in 2012 by the Federal Trade Commission. Suppose you notice that there is some error or there is something wrong with your credit report you can hire people from credit repair services who will help in resolving the issue.

One can have a check on their credit report through a website that is free known as Annual Credit Report and here they need to have a check at least once every year on the following things:

  • Equifax credit report
  • TransUnion credit report
  • Experian credit report

There is also a credit monitoring service that you can purchase which will provide assistance and help the customers in protecting their identity and solve disputes.

Length of Credit History

It is important to have some sort of credit history if one wants to have a credit score. Having a credit history that is short will be unpleasant to the credit score, however, the only thing you can do is wait as there is no other way. If you want a good credit score, having a credit of five years to six years is advised, but if you have a credit of more than seven years it is outstanding.

Blockchain simplified

Blockchain simplified

Bitcoin is gaining popularity lately everyone from barber to trader of the stock market is talking about blockchain. Although this article is not about how to make money using Bitcoin we will talk about the underlying technology that helped Bitcoin to reach the top of its popularity and how the technology will be useful in the coming days.

Looking back into the history

In October 2008 a white paper was released by a person named Satoshi Nakamoto explaining his approach on sending money directly from the sender to the receiver without involving any financial institution. This paper gave birth to the concept – Bitcoin. Bitcoin uses some cryptographic concept as its underlying principle so the name cryptocurrency evolved. The financial transaction is the only purpose why Bitcoin was created but the researchers decided to harvest the underlying technology to build robust technology. This underlying technology was named as “Blockchain”.

A real-world analogy of blockchain

Let us assume that you live in a city that has the capacity to park 200 cars at a time. The gate of the parking space opens only when the cars move in or out. Now you may think why to park your car in this parking space because it will provide:

  • Security is the prime reason, your car will be safe from thieves
  • Price is another reason, as the maintenance cost of the parking space will be borne by the owner of the space.
  • Centralized: as all the cars in the town are in the same building so can call it centralized.

Now lets the do some modifications to the scenario and assume that in the city there are 200 houses ad each house has two parking spaces and people decides to rent out the extra space, this way it will solve the problem if there are more than two hundred cars. Now let us analyze the situation.

  • Price: they can rent out the extra space the cost of that extra space will be low compared to big parking space.
  • Security: each car will be secured as they will be locked separately.
  • Decentralized: compare to the above model, here the cars will be distributed all over the city hence decentralized.

The above analogy provides the simplest model to understand the technical infrastructure of the blockchain.

Parking model to technical model

The above example gives a very basic idea about the blockchain in real-world language. Now let us match the parking components to the actual technical model.

  • The big multiple car parking spaces are the centralized system.
  • Data and application are the cars.
  • Distributed car parking is the decentralized system.

The blockchain idea is simplified to make it easy to understand for the beginners. learn more about it to know more.

 

 

 

Crypto risk and gain

Crypto risk and gain

Over the last few years market has given a lucrative return on investment on Cryptocurrencies like Bitcoin, Ethereum, ripple etc.  The amateur investors became millionaire overt night has created it a center of attraction for the market enthusiast. The cryptocurrency has the immense possibility to grow not only as an investment medium but also it can become an alternative to the traditional currencies.

The government of various countries has started to accept it as a legal tender, this has also increased the interest among the common people. The acceptance of bitcoin by the various big business house has also added to its boom. The growth of digital currencies was no path of roses but it has faced many ups and downs, there have been more losses than gains in this journey to the success. the volatility of the market can be understood from this growth curve. For instance bitcoin, the king of the market was leading in $20,000 last December but its value came down to $7000 at the beginning of the February this year, it is not the story of Bitcoin alone but the scenario is similar for other Cryptocurrencies as well.

Seeing this downward trend in the market any of the leading banks have restricted their customers from using credit cards too but Cryptocurrencies.  Many developing nations are framing strict laws to the use of Cryptocurrencies. With every new invention comes to risk and reward so one should be very careful before accepting this new technology into the business.

Accepting digital currencies into the business gives many advantages including lesser transaction fees, fewer chances of fraud, more transparency etc.  But it adds some challenges that need to be solved before adding it to the business. The volatility of the market is a big concern for the business to accept it as a mode of payment. But before accepting it as a payment mode one should comply with KYC and Anti Money Laundering regulations.

The technologies used behind these Cryptocurrencies like a private key or smart contract have the chances of getting hacked, in January this one of the big exchange got hacked and more than $500 million cryptocurrencies got stolen. Despite the hacking risk people are still interested in trading these Cryptocurrencies, so the companies want their customers to use hardware wallets and cold storage wallets for the safety and security of their funds. See this review for more information.

 

 

Stock Market Investment Strategies

Stock Market Investment Strategies

Markets are always based on predictions of the future. There have has been past records of great performances and poor shows that have bought someone up or put them down. Stock markets are volatile and even the latest crypto market is no less! They are much more competitive than the stock markets, more volatility.

If you are thinking of investing in crypto markets, then do so with automated pilot robotic systems, that will help you in executing trades without any knowledge or experience yet gives you good returns. Among the many existing, bitcoin trader looks good and genuine, legal too.

Well, here we give you some strategies to help you sail and invest in stock markets, with minimal losses, as there is not much robotic system here that gives you 90-95% returns.

Invest in value not price:

Yes, there is a lot of difference between price and value. Value is something that goes up over the period of time, while the price is something which keeps fluctuating. We often look to buy stocks and things that are cheaply available, while their price is what matters to us, we never bother about the effects it gives. The penny stocks that we call, might always give you bad returns. Because it’s just a penny, you tend to buy in bulk and later regret, while the whole lot fails.

Instead concentrate on businesses which are doing great, though their prices are high, they will have value anytime in the market. It’s advisable that you opt for those stocks, its ok if you can’t buy more, buy one at a time and invest for the longer term. Those stocks will give you handsome dividends and returns in the longer run.

Past and future needs time:

In markets, we analyze the past data and invest in the future of the stock. There is no present concept, we predict the future of the trade in the current time. So, these two quantities and qualities should be analyzed better and given due time.

You can’t predict future if you don’t have past, and without correct past data, the predictions won’t be right. Hence, it’s important that you source the data right, analyze and sort out data, and then predict. No matter what is the market scenario, a value company will sail through them, they have the foundation right and the path chosen is also right, along with good managerial operations and skills.