Don't Miss This Crucial Ethereum Update!

When I first got into cryptocurrency and blockchain, I was fascinated by the idea of a decentralized, peer-to-peer network where I could transact business. But almost immediately, I thought that simply paying for stuff with Bitcoin (BTC) was only the beginning. Blockchain technology could do so much more.

That’s why I was taken immediately with Ethereum (ETH). The platform could do just about anything you could put into code. And that had enormous implications for finance, especially for consumers without traditional financial resources, like banks or brokers.

And today, the case for Ethereum couldn’t be stronger. I’ll give my reasons below. In the meantime, feel free to check out my article I wrote on Ethereum back in May. And also take a gander at my article on why blockchain is changing just about everything we do.

The Nuts and Bolts Behind Ethereum

Before we take a look at what Ethereum (ETH) has been up to – and what awaits it down the road – let’s do a quick review.

Like Bitcoin, Ethereum is an open-source, decentralized, ledger-based blockchain technology. While that may sound complicated, think of it as a fancy spreadsheet with a list of transactions that is copied across a vast array of computers. To transact business on the blockchain, you and the person you’re doing business with have to follow the rules set out in the transaction. If you do – and if everyone else on the blockchain verifies that you did – then the transaction is finalized and added to the blockchain. This all happens using sophisticated cryptography solving complicated puzzles duplicated across all those computers. So, doing business on the blockchain is super-secure.

But beyond these common characteristics, Ethereum is different from Bitcoin in many ways. Here’s what I mean: Continue reading "Don't Miss This Crucial Ethereum Update!"

Inside The 2021 Blockchain Survey!

I almost fell out of my chair when I read the latest take on the outlook for blockchain technology by consultancy behemoth Deloitte.

While I expected the report to show some positive signs, the fact is global executives see blockchain as making a “seismic” shift in just about everything they do, from business models to scalability to competition.

And we’re not talking about a time horizon many years down the road. The survey showed that these corporate movers and shakers think the blockchain seismic shift is already underway and will fundamentally change their industry within just 24 months.

That’s right, in just two years, it’s likely the business landscape – especially the financial business landscape -- will change so significantly, it will barely resemble what it is today.

But that’s not all: Inside the report are bombshells that even blew me away.

So, let’s get to it! Continue reading "Inside The 2021 Blockchain Survey!"

The 2021 Guide to Cryptocurrencies (Part 2)

If you’re like me, when I first got the cryptocurrency bug, I was overwhelmed by the concepts, technicalities, and mounds of jargon. All I really wanted was for someone to just give me some short snippets about the most important topics I needed to know. And to leave the minutiae for a later time.

Well, if that sounds like you, you’ve come to the right place. In this second part of The 2021 Guide to Cryptocurrencies, I’ll take you through two topics that are key to getting involved with the cryptocurrency and blockchain space: Why you should think hard about owning a little bitcoin and where to get started with a cryptocurrency exchange.

And in case you missed it, don’t forget to check the first part of this series. It has valuable information about what the blockchain really is, what cryptocurrency really means, and whether or not they’re right for you. It would be a good primer for this issue but isn’t necessary.

So, let’s get to it! Continue reading "The 2021 Guide to Cryptocurrencies (Part 2)"

The 2021 Guide To Cryptocurrencies (Part 1)

Welcome to the 2021 Guide to Cryptocurrencies! If you’ve ever wondered what cryptocurrencies are all about, you’ve come to the right place!

This guide is perfect for just about anyone. In fact, you could be a seasoned crypto investor, a new investor to the space, or just someone who wants to learn more. No matter how you got here, this guide is built for you.

I’ve taken topics that are key to learning more about cryptocurrencies and blockchain. Then I’ve combed through every article I’ve written for INO.com over the past few months. Out of that pool of articles, I’ve selected just the right mix that are ideal for the topics you need to know about.

But before we get started, a quick word of caution. If you’re going to invest in cryptocurrencies – and there are good reasons why everyone should own a little – remember that the entire space is risky, highly volatile, and unpredictable. So, if you’re going to take the plunge, don’t devote more than 1% to 2% of your portfolio. And ask yourself if you’d be comfortable losing that 1% to 2% because you just might.

Now, with that out of the way, let’s get to the 2021 Guide to Cryptocurrencies! Continue reading "The 2021 Guide To Cryptocurrencies (Part 1)"

What You Don't Know About Altcoins

What are Altcoins?

First off, the term altcoin is a portmanteau of two words, “alternative” and “coins.”

But don’t let that throw you: Alternative is the keyword here.

Alternative to what? Well, you guessed it: Bitcoin.

That’s right: Altcoins are all cryptocurrencies, except Bitcoin.

But that answer just gets us started.

So, let’s get to it! Continue reading "What You Don't Know About Altcoins"