blockchain technology

Introduction to What is a Cryptocurrency Wallet In simple terms, a crypto wallet is a software functionality designed to store digital coins. But originally, it stores your public and private key addresses, thus enabling you to send and accept coins through blockchain. You can simultaneously monitor the wallet balance. They are far different than physical wallets. How does a Crypto Wallet Work? Private keys are similar to the PIN number of your ATM card whereas public keys resemble your bank account number. When you transfer a digital coin, it means that you’re sending a value in the form of a transaction, thus transferring your ownership on the coin to the receiver. Further, if the receiver wants to spend the new coins, his private keys should go in terms with the public address. Finding Right Cryptocurrency Wallet Today, there are a lot of wallets are available across the globe and finding the right cryptocurrency wallet is a difficult task for the participants. I opt ...

There are Multi Cryptocurrency Wallets, in which you can store numerous cryptocurrencies like Litecoin (LTC), Ethereum (ETH),  Zcash (ZEC), Dash (DASH), Ripple (XRP), Monero (XMR), Bitcoin Cash (BCH), NEO (NEO), etc. all at once. If you are looking to buy a multicurrency wallet, then here are certain matters that you should keep in mind. These will help you determine what sort of wallet you have to buy. Do you intend to use the wallet for everyday purchases? Or is it meant only to store the cryptocurrencies for later investment? Are you planning to use multiple cryptocurrencies or only one like Bitcoin? For various currencies, then you should ask for a multi-currency crypto wallet. A standard wallet might only store a single currency. Do you wish to access your multi-currency from anywhere around the world or only from one place (say your home)? Take plenty of time to analyze your requirements and then decide on buying a multi-currency crypto wallet. However, the f...

Initial Coin Offering is a fundraising program for startup companies with which they could raise capital for their project. The ideas are usually blockchain or cryptocurrency-related. The investors receive a new crypto token specific to the ICO in exchange for their support. The project team utilizes investor capital to accomplish their goals. I recommend you contact Blockchain Firm for the best and highly secured ICO dashboard scripts . They provide a complete system of ICO scripts with all important features and security fixes. You will also be able to view the statistics of the token sales and funds raised from the admin panel dashboard quickly. Features of Blockchain Firm ICO dashboard script: ERC20 Standard Token Smart Contract Token Management Security Management Admin Control Panel User Control Panel Gateway Payment Referral & Bounty Program Multi-linguistic Support and a lot more. Things To Consider For An ICO Business Plans Business plans are the essenti...

There are three great reasons why are IEOs are going to take off and they’re listed below. Investors can access more legitimate projects: Since crypto exchanges facilitate an IEO project, it is evident that these exchanges will contribute towards benchmarking of the crypto space. For example, let’s take Binance, one of the largest crypto trading platforms across the globe. If the IEO regulated by them is identified scam, then they will lose their reputation & customers base. Thus, investors can feel safe and make sure that only the worthy projects are put forth. It also means that the IEO projects that are launched on these top exchange platforms are comparatively safer than the regular ICO projects. Binance Launchpad has one more advantage, i.e., the token sale is completed within minutes. Startups are provided with a better deal: It is advised that a blockchain startup should rely on a third-party exchange platform to launch their crowdfunding program instead of launchin...

What is a cryptocurrency wallet? It is a virtual wallet for virtual money. This is a device used to store the cryptocurrencies. Also, it keeps the private and public keys safe. These keys are used to send, receive, or transact the cryptos from one individual to another. Besides these benefits, the wallet allows the user to use the exchange platforms seamlessly. Anyway, here is a listing of the advantages and the security that a cryptocurrency wallet provides. Enables active trading Fast transactions Store multiple cryptocurrencies Get features like QR code for operations and other purposes Store your private keys and use when needed Pin encryption enabled Immune to viruses (if the wallet is not used on PC) Attributes of Blockchain Firm’s Crypto Wallet Development Decentralized The crypto wallets developed by the Blockchain Firm are decentralized. Which means a single authority does not control the wallets. The data are distributed to all the nodes. Hence there is no w...

Introduction - What are Cryptocurrency Wallets Cryptocurrency wallets provide a digital key for the users to store & organize their cryptocurrencies securely & privately. Using the crypto wallets the users can transfer, receive, and trade digital currencies. Some crypto wallets are designed to support only a single type of cryptocurrency. Whereas, a multi cryptocurrency wallet authorizes the participants to store & trade various types of cryptocurrencies. How does a multi cryptocurrency wallet work? A multi cryptocurrency wallet does not store the cryptocurrencies in physical forms. Instead, they store the users’ public and private keys. Public keys are a part of the digital code that has been linked to a blockchain network; same as a bank account number. Private keys form a small segment of the digital code. Yet, no two wallets have the same key type; similar to an ATM pin. Private keys dominate the public keys to prove ownership. Wallet users utilize their priv...

Before taking part in an IEO, it is essential that you do extensive research on the specific IEO and then decides whether or not to participate in the IEO. In-Depth Research Take a thorough glance on the project and understand its outcomes. Review the social media sites of the exchange platform and the project to get more info on them. Make sure you get the answers for the following questions - What is the project about? What problems will it solve? Is the exchange platform reliable? In addition, it is also vital to get to know about the project team. A project team that has abundant knowledge & experience on the blockchain technology and cryptocurrencies is always preferred. Documentation and Development Check how far the project team has reached into the development process, prior to the IEO launch. Generally, the team can either hold a prototype or show only the progress. If they have a product handy, then their level of confidence increases among the participants...

ICO or Initial Coin Offering is a kind of fundraising process launched by a third party exchange on behalf of a startup company or an individual who wants to raise crypto funds with their idea. The project will generally relate either to the blockchain technology or the cryptocurrencies, for example, coin creation, application development, and service-oriented processes. The buyers who are interested in the project purchase the offering with digital currencies and they receive a token specific to the project.                                                                    Benefits of ICO Greater Liquidity When IPO was in use, there was a lack of liquidity for people seeking new investment options. Whereas in ICO, the investors can benefit from enhanced liquidity and the secondary market helps in real-time pr...

All cryptocurrency wallets are built/developed to be secure. No developer intends to put the security of your cryptocurrencies at risk. Anyway, as cryptocurrency wallet users, it is natural for us to feel a little alarmed. The reason being, if we lose the wallets or the keys, then we lose the currency connected to it. Here are a few ideas to know if your cryptocurrency wallet is secure. How are the funds stored? There are two ways to store your cryptocurrencies: hot storage and cold storage. Hot storage is connected to the internet, but cold storage is not. If you prefer the highest security, then you can opt for both the storages. However, you should be aware that most of the wallets will have hot storage - i.e. connected to the internet. It is optional for you to pick cold storage if you wish. Layers of Security Do you have two-factor authentication to access the wallet? This is an important matter that you should consider while choosing a cryptocurrency wallet. Addi...

If you are here, reading this blog, I guess you are either looking out for the best IEO development company for your project or trying to gain knowledge. This blog is intended to do both. We will have a short discussion about what services an IEO development company provides and also about one of the best blockchain development companies in the domain. If you are planning on launching an IEO, then the very first thing you should do is to have a detailed discussion with the company. This will help both of you to understand each other’s needs. Never forget to tell the IEO development company these matters - your specific customizations, the shortcomings in your business plans, and anything important for the IEO development. What services do the IEO development companies offer? Token Development This is the first and the foremost thing you should ask your IEO development company. Do they develop IEO tokens? While most of the IEO development companies provide this service, som...

Cryptocurrency Wallet Development Services are offered by a crypto development company through which a user can benefit from customized single or multi-cryptocurrency wallets to store and transfer digital currencies. What are Cryptocurrencies? Cryptocurrencies are digital currencies secured by the principles of cryptography. The currencies are formulated and regulated by blockchain technology, the distributed ledger technology enforced by a network of computers. The biggest advantage of cryptocurrencies is that they are not owned or issued by a governing body and so there is no interference or data manipulation. What are Cryptocurrency Wallets? Cryptocurrency wallets are software programs, designed to store private & public keys and interact with multiple blockchain, thus paving the way for participants to send & receive virtual currencies. Users can also monitor their balance in crypto wallets. A crypto wallet is necessary if you own one or more cryptocurrencies. ...

Cryptocurrency wallets store the records of transactions, resembling bank accounts. They permit the participants to buy and sell digital assets. Multi cryptocurrency wallets, as the name indicates, allow the users to have more than one digital currency. For example, a user with a multi cryptocurrency wallet can hold Bitcoin, Ether, Litecoin, and a lot more. Multi crypto wallets also ensure that the cryptocurrency owner is the one and only entity that can access the funds; and that too with certain security gateways. Cryptocurrency Wallets fall under five major categories: Hard Wallets Mobile Wallets Paper Wallets Online Wallets Desktop Wallets Hard Wallets One of the safest types of cryptocurrency wallets globally. They enable you to store your private keys on a USB drive with which you can make digital transactions. Advantages: Safest Wallet worldwide Store large amount of cryptocurrencies Mobile Wallets Available on mobile devices (Android & iOS). You can us...

The answer is Yes, it’s a good idea for blockchain projects to conduct the Initial Exchange Offering (IEO) . First, let’s discuss what is an ICO since it is the predecessor of IEO and then move on to blockchain-IEO integration. For the past few years, Initial Coin Offering (ICO) was an important source of crowdfunding for blockchain and cryptocurrency related projects. ICOs have reached the billion-dollar market at a faster pace. The workflow of an ICO is simplified below: The company with a crypto idea makes use of the funds to develop the project. Crypto participants purchase a company’s crypto tokens via an exchange platform. Investors receive tokens with the belief that its price will increase in the future. IEO or Initial Exchange Offering resembles an ICO, i.e., a startup sells its project with the help of a cryptocurrency exchange platform and the investor’s funds. In an ICO, the startup can sell their tokens to the investor directly, whereas, in an I...

ICO or Initial Coin Offering is a fundraising program launched on behalf of a company or an individual to raise crypto funds. The project is usually related to the blockchain technology or cryptocurrencies, say coin & application development and service-oriented processes. The investors who are interested in the project start to invest in it with digital currencies. ICO-The Basics When a cryptocurrency or blockchain-based firm needs to raise funds through an ICO, it usually creates a whitepaper that explains the plan from beginning to end. Some of the aspects covered in a whitepaper are listed below. What is the project about What are the goals What changes the project will make How much fund is required to process the venture How much digital tokens the project owners & the investors share What is the type of currency accepted What’s the duration of the ICO campaign During the ICO program, participants and supporters of the fundraising company purchase some cr...

What is IEO? Initial Exchange Offering . Needless to say, ICO did create a huge impact amongst the tech geeks and the investors. Though it was initially hard to move on from ICO to IEO, the adoption did bring in a lot of benefits to both the investors and the token creators. At the same time, the industry did witness a boom in the IEO development companies. Unlike ICO, IEO takes place on the exchange platform. This is the core difference between ICO and IEO. Although ICO did well in the early stages, the loopholes were overly misused. The IEO development companies mostly concentrate on creating a flawless IEO and launching them successfully on various exchange platforms. IEO is developed with the thought that all the shortcomings in ICO should be patched along with providing only credible projects to the target audience. One can participate in IEO only if they hold an account with the exchange platform. And it is the same for the token developers. The platform does a com...

Cryptocurrency wallets provide users with a digitized private key for storing & managing digital assets securely. The users will be able to transfer, receive, and trade cryptocurrencies through the crypto wallets. While some crypto wallets are developed to support a single type of cryptocurrency, multi-currency wallets are multi-asset programs, aiding the participants to trade with various cryptocurrencies. In general, creating a cryptocurrency wallet is similar to the process of creating an email. It involves fewer steps and all you need is a computer with an internet connection and the specific URL of the wallet you require. Follow the steps below to proceed with creating a crypto wallet. Open a web browser on your computer. Type the wallet’s URL in the search tab and press Enter. Go to New Wallet under the main menu. Type a strong password in the entry field & click the Create New Wallet. Do remember the password at all times. The final step leads y...

Initial Exchange Offering is a fundraising program that is launched by a crypto exchange in favor of a startup. This emerging technology of coin offering involves the creation/use of new crypto coins that can be sold to raise funds for a new project. IEOs are similar to ICOs (Initial Coin Offering) in many ways. Both act as the medium for projects trading in cryptocurrency to collect funds. Yet, IEO is more secure & reliable than ICO. ADVANTAGES OF IEO Earlier, ICOs were widely used for fundraising worldwide. The reasons to shift from ICO to IEO is that IEOs have numerous advantages, say additional standards & regulations, over ICOs. Let’s learn about the advantages of IEO. In IEO development , tokens are endorsed by a third party and so it’s a huge relief for both the investor and the startup offering the idea. The primary play of an exchange is to source quality projects. The crypto exchanges are designed with two main goals. One is to bring in a profit and t...