Posts

Showing posts from May, 2019

Binance Clone Script | Bitdeal

Image
To start a bitcoin exchange trading website like binance, bitdeal provides a best binance clone script, which comprises of all the existing features of the major cryptocurrency exchange binance. Highlights of binance exchange website There are some rock solid reasons for why people are looking forward to starting a bitcoin exchange like binance. The website has multiple specialties than any other major cryptocurrency exchange in the world. Let’s look at them one by one. •    Supports trading with more than 45 cryptocurrencies including bitcoin, ethereum, lite coin and most importantly binance coin. •    The exchange provides discounts if the  user use to pay with their native coin BNB •    In January 2018 the firm raised a capitalization of $1.3 billion •    Being a standard cryptocurrency exchange it offers cryptocurrency trading, listing, fundraising, and withdrawal of any cryptocurrency. •    The website has high processing throughput and has the capacity to process 1.4

Cryptocurrency Business Ideas 2019

Image
Risks in Starting an exchange business : Here comes some of the risks that one must face when they start an cryptocurrency exchange as a business. 1. The first risk is already there are a plenty of familiar bitcoin exchanges, So it is upon you to decide how you are going to differ from them. 2. You should provide high security to the traders. 3. Preventing the money laundering, and stopping the intruders. 4. Securing the digital assets. 5.Preventing the anonymity and securing your integrated wallet. Different ways of starting a bitcoin exchange business: The different derivatives of bitcoin exchange business are as follows : 1. Margin trading with Lending  2.  Token exchange and trading 3. Bitcoin OTC trading  4. New coin trading ( or) trading with ICO  5 . Trading with STO or IEO . Business tips or plan to start an exchange : Listed out below the business plans for starting a bitcoin exchange business.  1 .Standing Unique between your competitors. 2. Integra

Bitoin Price Rised - Great Time to Invest

Image
We all might come across the news about Bitcoin's Price which is going hype in this week . Yeah !! It is like bloom for our gloom. Look at the below rise of bitcoin over the week. As an individual prevailing in a cryptocurrency world , this rise of bitcoin price will surely boost you up . Not only traders who egarly waited for a prefect moment for trading , but also the business people who runs exchanges will driven into the extereme level of happiness. I think , It is the time we waited for ! It is the happiness we lost long before ! It is the happiness we wish for longer and longer ! Isn't It ?? Of course , without a little bit of doubt we all looked ahead for this rise in bitcoin price . This sudden surge of bitcoin price resulted in huge trade volume and exchanges and traders where at the tip of ecstasy .  Over few months we never found any rise in bitcoin price which tends to fall down gradually . But this scenario of Bitcoin Price has happened within an

Decentralization - The essence of Blockchain

Image
Blockchain technology is a massive technology that introduces the concept of Decentralization to the digital globe. It is proven that decentralization is the essence of blockchain technology. Most of the experts says that blockchain technology finds application in many industries because of its decentralized nature. Here let us discuss something interesting about the decentralization of blockchain technology. Concept of Decentralization  When designing bitcoin, Nakamoto used the consensus mechanism between nodes. This is a non-trust mechanism, to prevent problems generated by a centralized network. When the number of nodes that confirm a transaction is higher , the risk of a multiple payment problem becomes smaller. In a non-trust mechanism, all nodes are considered as equal, and there is no privilege. Blockchain is a combination of mechanisms, which includes asymmetric encryption, point-to-point network communication, blockchain data structures and so on.Most important

Waves Blockchain - Explained

Image
What is Waves ? WAVES is a cryptocurrency, a decentralized exchange platform that allows for the creation of custom tokens and also for exchanges/trading of different cryptocurrencies. Creation of own crypto-tokens and DApps has been possible ever since the launch of Waves. Wave platform can be a better choice for projects like crowdfunding, building a loyalty rewards program, or creating an in-app currency and so on. Waves support for DEX environment which allows for exchanges of newly created tokens without the involvement of middleman. Origin of Waves WAVES was officially launched in November 2016 by the Russian physicist, Alexander Ivanov. This waves platform uses Proof of Stake Consensus Algorithm for developing tokens, smart contracts, and Decentralized Applications. Founder: Alexander Ivanov Release Date: 6th July 2016 Release Method: ICO. Special Features of Waves Own Tokens Issuance The most important feature of waves platform is that it allows users to create

Directed Acyclic Graph (DAG) Blockchain

Image
What is DAG? DAG known as Directed Acyclic Graph is a data structure that uses topological ordering.DAG is an implementation of directed graphical structure.DAG is mostly used for solving problems such as data processing, finding the best route for navigation, scheduling, and data compression. DAG graph only involves transactions thus avoiding the need for the mining process. Thus DAG is known as Blockless data ledger that only contains transactions and eliminates the need of miners for mining a new block. Thus DAG reduces the transaction time and improves scalability that seems to be a bottleneck in the blockchain. Concepts of DAG  Elimination of Minning  Bitcoin blockchain involves the process of mining and miners to validate a transaction. DAG network eliminates the mining process and the transactions go directly into the validations themselves. Thus DAG supports for automated validations and no miners, results in safer, secure faster and instant transacti

Blockchain Algorithms

Image
Blockchain algorithms differ from one blockchain to another blockchain .Let us look at the different Consensus algorithms that are dervied so far.The following are the various consensus algorithms in blockchain technology : 1.Proof-of-Work 2.Proof-of-Stake 3.Delegated Proof-of-Stake 4.Leased Proof-Of-Stake 5.Proof of Elapsed Time 6.Practical Byzantine Fault Tolerance 7.Simplified Byzantine Fault Tolerance 8.Delegated Byzantine Fault Tolerance 9.Directed Acyclic Graphs 10.Proof-of-Activity 11.Proof-of-Importance 12.Proof-of-Capacity 13.Proof-of-Burn 14.Proof-of-Weight Proof-Of-Work ( PoW )  A Proof-of-Work is a measure of  DoS attack and other service abuses which includes spam on a network by requiring some work from the service requester. It most involves a lot of computational power .Proof-of-work- allows,solving of computationally intensive puzzles to validate transactions and create new blocks. Cryptocurrency that uses PoW : Bitcoin uses PoW consensus algo

Enterprise Blockchain Solutions | Bitdeal

Image
Blockchain is an unavoidable technology that every businesses and enterprise have to adopt for their development and growth.Bitdeal, Leading Blockchain Development Company has serving enterprises all over the globe with innovative blockchain solutions.Bitdeal is on its 5+ years of Blockchain journey has 40+ happy clients and their services spread all over the globe. Blockchain Solutions : Bitdeal furnishes the following blockchain related solutions at down to earth cost with 100% proven results. 1 . Blockchain Consulting Services 2 . Hyperledger Blockchain Development 3. POC Blockchain Development. 4 . IPFS Blockchain Development 5 . Public Blockchain Development 6. Private Blockchain Development  7 . ICO/STO Development  8 . DApp Development 9. Token Creation  10. Smart Contracts Developments and so on. Industries Bitdeal Focus : Bitdeal provides custom blockchain solutions for the following industry verticals . 1 . Banking 2 . Insurance  3 . Healthcare 4. Su

How to Build DApp and smart contracts on aeternity blockchain ?

Image
What is Aeternity ? Aeternity is a blockchain network which allows for hosting smart contracts and dapp developments off the main network that makes it runs faster. Aeternity blockchain runs faster and seems to be more energy efficient than competing blockchains. It mainly deals with the scalability and offering extra securities for both smart contracts and dapps. Aeternity Blockchain includes a "Decentralized Oracle Machine" that brings in data from outside sources to be used in smart contracts.  Origin of Aeternity Aeternity was founded in 2017 by Yanislav Malahov, who famously calls himself the ‘Godfather of Ethereum’. He actually worked a lot for Ethereum, before it was named and he disagreed the process of ethereum. So, he started his own project under the name called        " Aeternity " which had its white paper and initial coin offerings in April 2017.  The mainnet of Aeternity know as " ROMA " was launched in November 2018. Spec