Featured Post

THE BLINDSPOT: THE TRUTH IN CRYPTO-SCAMS.

By -
Image
“A truly successful lie must start with a grain of truth.” “Lies cannot exist without truth; the truth isn't dependent on lies.” Formats used in crypto-scams are based on truth values. I did a review on some scam tricks pulled by these tricksters and found out that every format they use is based on real hustle or businesses. Truly there are miners, truly, there are managers, cloud mining firms, faucets apps, etc, that are genuine. Now these scammers pretend to be one of these genuine businesses(truth value), and promises a very large unusual profit over a short course(lie). Now many people who are covetous, having seeing the warnings and signs still patronise these scammers(blindspot). As I made it known in my earlier posts. Any offer too good to be true, any body trying to get your private keys, is a scammer. Always strive to locate the blindspot in every online contract or deal. It is common for scammers to pretend to be real. Some of them may even provide documents
Post a Comment

Why MONERO?

By -
Privacy:   One of the greatest aspects of Monero when compared to Bitcoin, is privacy. Any Bitcoin transactions you make on the blockchain network are visible to the public which is quite different than Monero. Monero is designed to be as anonymous as possible.  Given that privacy is part of the reason why cryptocurrencies have surged in the first place, it makes s complete sense that Monero’s value will continue to grow as more people learn of its highly anonymous transactions.  Scalability One of the most delimiting aspects of bitcoin is its slow transaction speeds. That’s been a big problem in recent weeks as more people take an interest in bitcoin. Monero is actually designed to eliminate this problem by having a scalable block size. As more people get to learn of this intrinsic strength of Monero, its price will grow even further. 

WHY MONERO IS A BETTER BET THAN BITCOIN: With the above differences in mind, you are probably wondering, which one of the two has better prospects in the long run? A critical analysis of the two would reveal that Monero is way better as a long-term investment, and here is why: Monero has a better mining algorithm Monero is designed to be mined efficiently using ordinary PCs and laptops, unlike Bitcoin which requires specialized ASIC devices for mining to take place. This means that anyone can mine Monero and make a contribution to the network. That’s quite different from Bitcoin mining, which at this point can only be done through large-scale mining corporations. These corporations also require extraordinary amounts of power, and they might not run profitably in coming years. As more people get into Monero mining, and as bitcoin mining becomes increasingly unsustainable, the demand for Monero will grow leading to increased prices. Monero’s adaptive block size will allow for future scalability If you have followed bitcoin or bitcoin cash lately, then you know that the system is starting to show its weaknesses. Already, it is taking longer for one bitcoin transaction to go through, and even when it does, the costs are unsustainable. This is one area that Monero has a great potential for growth. Its adaptive block size allows for fast transactions irrespective of the number of people using this alt-coin.

WHAT’S MONERO’S FUTURE? Monero transactional efficiency and privacy will give it a great value push in the long run. In fact, it is not hard to imagine Monero at $1000 as more people get to learn about its technological superiority over Bitcoin! Be sure to join our Monero live chat room and forum by applying,

Comments

Post a Comment

Popular Posts

WHO IS SATOSHI NAKAMOTO?

By -
Image
Ever since the increase in the price of bitcoin, many people have trooped in, trading with it, and some even investing in it. But the big question and mystery behind bitcoin is its originator. No surprise, the smallest unit of bitcoin (satoshi) was named after him. Satoshi Nakamoto, is the supposed name of the person or people that invented bitcoin. He devised the first blockchain database, hence solving the double problem spending for digital currency. Satoshi Nakamoto, claimed to be born on the 5th of April 1975 (42); he also claimed to be of Japanese origin. Speculation about the true identity of Nakamoto has mostly focused on a number of cryptography and computer science experts of non-Japanese descent, living in the United States and Europe. Satoshi Nakamoto also created the bitcointalk forum, posted the first message in 2009 under the pseudonym satoshi. Satoshi published a paper on cryptography mailing list metzdowd.com in 2008 about the bitcoin digital currency. It was t
See More »

ICO: The Good, The Bad, And The Ugly

By -
Image
Initial Coin Offering(ICO) is the term used for unregulated means by which funds are raised for a new cryptocurrency. An Initial Coin Offering (ICO) is used by startups to overcome difficulties in raising regulated capital for the venture. Virtual currency is the future of trading. But they are becoming too much, and posing a risk on security. Day by day, week in, week out, a lot of ICOs are being launched. Many of these ICOs are scams: trying to deceive people into thinking they might be investing in the next bitcoin. Investing in an ICO is a great idea, but you must invest wisely, and not by GAMBLING away your hard earned money. Early investors of bitcoins are happy millionaires today, as the price of bitcoin have escalated over the years. In 2010 it was worth just $0.39 per 1btc. Investors who bought as high as hundreds, thousands, or higher value of bitcoins then, are now smiling to the bank, especially if they converted some to cash last year November when bitcoin was cloc
See More »

SLIDECOIN: BITCOIN APP THAT PAYS YOU TO UNLOCK SCREEN.

By -
Looking for an app that pays you bitcoin?Slidecoin is the best Faucet to earn bitcoin Slidecoin is an app that uses your phone lockscreen and CPU power to mine bitcoin. It pays you in return for your services rendered. Just get a coinbase account with your Gmail, and download slidecoin app on your android https://play.google.com/store/apps/details?id=slide.coin_app&hl=en Signup with the gmail account used for coinbase, and start receiving payments. Don't forget to use THO-458 as referral code. Thank you!
See More »