Posts

Can you track Bitcoin transactions?

Image
Bitcoin is a modern type of currency that is completely virtual. Basically, a bitcoin is described as a virtual currency, a cryptocurrency or a digital currency that is used to buy products and services. They are based on blockchain technology that is very much valuable because people are willing to exchange them for real goods and services. But in some countries, bitcoin has been banned. However, there are various bitcoin tools ,  which are used by people for various purposes. Some of the tools are given below: BitcoinVisuals CryptoMiso BitMex There are three ways with which you can get bitcoin. These are given below: You can get bitcoin by selling things. It can be created with the help of a computer by programming. With the help of real money, you can buy bitcoins. Yes, the transaction of your bitcoin can be tracked but only a bitcoin specialist can do the  tracing bitcoin because bitcoin transactions are pseudo-anonymous. There are numerous comp...

What are ways in which bitcoin money can be stolen?

Image
Bitcoin is a cryptocurrency that has been developed on the blockchain technology. It is a decentralized currency that can be sent from user to user on peer to peer bitcoin network without any central bank being involved. First of all, you should not lose a wallet of bitcoin because it is very precious that can also be secured by two-factor authentication. The bitcoin can be traced easily by the specialists or by bitcoin forensics . There can be different types of risk associated while tracing bitcoins . If you lost a bitcoin, then the stolen bitcoin will be permanently lost. There are numerous ways by which someone can steal your bitcoin money. Some of them are given below: The wallet provider : There are many people who provide a wallet and can make it easier to use your bitcoins. During the last few years, there have few wallets that just decide to transfer your funds to another account because they have your private key. Exchanges : Same as the wall...

What is Blockchain ICO? Why do you invest in ICOs?

Image
Blockchain ICO is a kind of funding that primarily takes advantage of crypto-currencies. The procedure is carried out through crowd-funding despite the popularity of private ICO (Initial Coin Offerings). These types of crypto-currency are supplied in the form of tokens to the prospective investors and replace it for procuring various other cryptocurrencies like Ethereum and bitcoins. Nowadays, bitcoin scams become a common issue, so, it’s better to take all necessary precautions before investing in it. Features of Blockchain ICO Block Chain ICO is a fund-raising mechanism wherein investors are willing to take part in Initial Coin Offerings to grab the least expensive tokens. However, there is absolutely no guarantee with regard to a token being valued way beyond the price of Initial Coin Offering as soon as it is available for standard trading. The majority of the crypto-currencies were traded below the price of ICO when it is readily available for exchanges. What i...

How to track Crypto currencies and monitor ICO Scams?

Image
Crypto currency is an internet-based mode of exchange that primarily takes advantage of crypto graphical functionalities to perform financial transactions. It uses block chain technology to obtain immutability, transparency, and digitalization. One of the major aspects concerning crypto currency is that it is not managed by the central authority. In theory, crypto currencies are immune to earlier ways of unnecessary government interventions. Features of a crypto currency Crypto currency can be shared between two people through the utilization of public and private keys.  There are only minimum processing fees charged to execute a transfer.  It is helpful for the users to eliminate the need to pay a hefty fee that is charged by standard financial institutions. What was the outcome of crypto currencies? Owing to the launch of numerous crypto currencies per month, there is also a range of brand new tokens along with Initial Coin...