Sentences with phrase «of different altcoins»

With so many wallets available on the market alongside a smorgasbord of different altcoins, choosing a wallet can be intimidating to a newcomer to cryptocurrency.

That has lead to the appearance of hundreds of different altcoins, which are all ultimately based on the same technology of the Blockchain but are designed differently in some ways, in order to achieve different goals.

As soon as Bitcoin appears in the exchange's BTC wallet, it can be traded, often for US dollars, a number of other fiat currencies, and on some exchanges, a wide range of different altcoins.

For example, you can swap from bitcoin to a brace of different altcoins without needing to make multiple transactions.

There are literally hundreds of different altcoins, we already talked about Litecoin.

The mobile Bitcoin wallet is compatible with a ton of different Altcoins, in addition to Bitcoin.

This is why there is a variation in the prices of different altcoins in the Blockchain environment.

Once you've got some Bitcoin, you can trade it for a variety of different altcoins.

Once you've got your hands on some Ethereum, you can trade it for a wide variety of different altcoins provided the exchange you're using on offers that specific ETH - pairing.

The blockchain concept has now been replicated and is being used to power hundreds of different altcoins that can all be bought and sold on digital exchanges.

Not exact matches

CoinGate extends the acceptance to more than 40 different kinds of altcoins with instant conversion to euros or dollars.

Altcoins are touted to be the future of cryptocurrency instead of Bitcoin for different reasons, including transaction fees and speed.

Similarly, every altcoin has a different number of available coins.

However, KuCoin does offer a large range of altcoins, which can be traded with six different cryptocurrencies (called a trading pair), including BTC, ETH, NEO, USDT, BCH and KCS.

Exchange: A cryptocurrency exchange is an online platform or digital marketplace where traders can buy and sell cryptocurrencies using different forms of fiat currency or other altcoins.

If you are new to the cryptocurrency world and are trying to make sense of different cryptocurrencies, you would want to know about other altcoins in addition to Bitcoin.

Sidechains have been viewed as Bitcoin's way of dealing the altcoin market since 2014, when a proposal for a two - way peg between two different blockchains was first proposed in a public setting.

There is a significant variation in supported cryptocurrencies across different exchanges; some platforms, like Binance, trade a long list of altcoins, whereas Coinbase trades only four major cryptocurrencies.

The «proof of work» requirement that requires a ridiculous amount of energy usage could be replaced with a different verification method, making the new altcoin more efficient and saving all the world's energy from being sucked up to mine Bitcoin the way nanobots may one day suck up all the world's matter in a grey goo nightmare scenario.

Some have a different economic model or a different coin - distribution method, like altcoins that were given away to all citizens of a country.

While Bitcoin was designed to be a way of exchanging value, many altcoins serve a very different purpose and are not strictly currencies.

Lee himself, furthermore, hopes that atomic swaps will soon see the light of day, enabling an instant and trustless altcoin exchange and lightning network type of transactions across different digital currencies.

Similarly, every altcoin has a different number of available coins.

Each altcoin is a different version of the original Bitcoin with some additional or alternative features included in the algorithm.

While several Altcoins use a similar technology as Bitcoin by implementing SHA - 256 algorithm, ADA, the official cryptocurrency of Cardano offers a different technology and trading approach.

As of April 2018, CoinSpot offered 102 different cryptocurrencies, including many of the most popular altcoins.

Earlier this year, the company announced it would accept 40 different altcoins including Litecoin, Dash, and NEM, and that it planned on holding 50 % of what it receives as an investment.

Wallet's interface and ease of use is very impressive with its sleek, simplistic design, which makes navigating different altcoins a breeze.

«Actually, it's one of the most different altcoins,» Paul Puey, Edge's CEO, agreed.

While Proof of Work SHA2 runs bitcoin, different altcoins use scrypt or other solutions to solve this problem.

Before diving into the various types of Ripple XRP altcoin wallets, it's important to understand the difference between the different types of wallets in general.

Ver said that Mow's Bitcoin Core team, ``... shattered the Bitcoin ecosystem into a thousand and one different altcoins and delayed the adoption of cryptocurrencies around the world by years.»

Correlation between the majors spiked higher during today's move, but although most of the coins are moving in a synchronized fashion, the technical position of some of the altcoins is different.

The blockchain network underlines the working of bitcoin and many of the other altcoins in the crypto space, though there are many cryptocoin also working on the private network and many on the different network.

Although bitcoin continues to be the main driver of the cryptocurrency market, the altcoin universe offers fundamentally different assets.

For example, the Bank of Japan (BOJ) Governor Haruhiko Kuroda was the latest to join the «bitcoin boogeyman» bandwagon after he (rightly) advised investors to be cautious when trading different altcoins and bitcoin.