Author: cryptoalex89
The 6 biggest hacks in the cryptocurrencies history
Since their inception, there has been much talk about the dangers of investing in cryptocurrencies. It is an asset with a very recent technological foundation and still in development. Moreover, the regulation surrounding these assets is not yet clearly defined. This, combined with the significant appreciation in recent years and the speculation surrounding this industry, […]
DLT Pilot Regime, a European sandbox for market infrastructures
Overview Since the arrival of Bitcoin 15 years ago, the growth of crypto assets has been unstoppable. With a significant impact on the financial sector, we have seen the emergence of multiple companies offering services for the issuance, custody, trading, and settlement of operations involving so-called “security tokens.” All these services have been based on […]
What is DORA? Digital Security in the European Union
In a socio-economic environment where digitization is increasingly important, the security risks faced by financial entities are very different from those of a few years ago. In this regard, the emergence of new technological infrastructures attracts new types of dangers, such as cyber attacks. Therefore, companies are dedicating an increasing budget to protect themselves from […]
The use of cash and the digitization of the economy
In recent years, the emergence of cryptocurrencies has highlighted a trend that had been developing for some time. Society is using less and less cash, and it’s no longer the preferred means of payment for consumers. Therefore, we will conduct a retrospective analysis to examine how we arrived at this situation and what scenarios may […]
Complete Guide to Polkadot and DOT Token: How do they work?
Overview One of the aspects in the blockchain ecosystem that has been less addressed is interoperability between networks. So far, we have analyzed networks that, even if they included Smart Contracts or DApps, operated in isolation, meaning they had no relationship with each other. However, there are some pioneering projects whose main goal is to […]
Complete Guide to Litecoin and LTC Token: How do they work?
Overview Today, we will discuss a project that was born in 2011, not to compete with Bitcoin but to complement it. We are talking about Litecoin, the recognized heir to Bitcoin that aims to address the issues attributed to it. The similarity between both cryptocurrencies is such that Litecoin was born as a fork of […]
Complete guide to Cardano and ADA: How do they work?
In today’s post, we’re going to talk about Cardano and the cryptocurrency it operates on, which is ADA. Cardano is considered by its founders as the first third-generation blockchain. Bitcoin would be the best representative of the first generation, as it is limited to allowing simple transactions. With the introduction of Smart Contracts, Ethereum took […]
Complete Guide to Ethereum and ETH: How do they Work?
Can you imagine a world where all applications are supported by the same technology? And what if that technology allowed for quick and secure payments to any part of the world? That would be fantastic, right? In the case that this technology wasn’t directed by any entity or government but was 100% decentralized, it would […]
The 2 consensus algorithms you should know
Can you imagine the typical Christmas dinner with the whole family? Now, let’s suppose that the menu hasn’t been decided yet, and each assistant gives their opinion on what they would like to have for dinner. Probably, New Year’s would come and you would still be without an agreement and without dinner. Or worse, the […]
Bitcoin vs. credit cards: Battle for micropayments.
Introduction In previous articles, we have already discussed, in broad terms, how the underlying technology of Bitcoin works. However, this technology was designed with very specific goals in mind. Bitcoin aspired to be the currency of the people, a fast, reliable, and efficient means of payment. Currently, its success is largely due to its appreciation […]
Top 6 Sectors most benefited by cryptocurrencies
Since their launch, supporters of cryptocurrencies have debated their use as an investment versus their potential as a means of payment. Recently, in fact, they have been discussed as the new safe-haven asset for investors, a position historically occupied by gold. Despite this, some authorities have already warned investors about the multiple risks of these […]
What are wallets and how do they protect cryptocurrencies?
When we talk about “traditional” wallets, we simply refer to the object we use to store our money in the form of coins, banknotes, or even debit/credit cards. However, it doesn’t seem to make much sense to talk about wallets when it comes to cryptocurrencies since one of their main characteristics is their digital nature. […]