Askrypto | Reputations

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October 11, 201810
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April 22, 201850
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April 5, 201810
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What is Ripple?

Ripple is a realtime gross settlement system, money exchange and remittance system made by the Ripple company. A detailed explanation can be found at: https://www.digitaltrends.com/computing/what-is-ripple/

March 12, 20185
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What is Hash Rate in Cryptocurrencies?

In cryptocurrencies running Proof of Work as a proof-type, hash rate is the rate at which the miner system can run the hashing function used by the corresponding cryptocurrency. In simple terms it is the...

March 11, 201810
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March 11, 201810
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What is the Lightning Network for BitCoin?

Here is an interesting video explaining the Lightning network for Bitcoin https://www.youtube.com/watch?v=rrr_zPmEiME

March 11, 201810
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March 9, 201810
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What is an ASIC?

ASIC is an acronym for Application Specific Integrated Circuits. These are specialised electronic chips or ICs (integrated circuits) which are meant to do a specific operation in the most efficient manner...

March 9, 20185
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March 9, 201850
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March 6, 201810
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How is Cryptocurrency different from Digital Currency?

What are digital currencies? Digital currency is fiat money which exists in the digital form. It has all characteristics of traditional fiat money. Digital currency can be used to purchase goods or services...

March 6, 20185
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March 6, 201810
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What is a Crypto debit card?

Crypto Debit Card is a card allowing the owner to transfer crypto currency from their associated wallet to another wallet while making a purchase.

March 6, 20185
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March 6, 201810
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Why are cryptocurrencies facing global backlash from regulators?

Cryptocurrencies by design undermine the legacy fiat money based economy. Since, fiat money is generally controlled by central banks and hence the corresponding governments, any threat to the fiat money system...

March 6, 20185
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March 5, 201810
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Why did Bitcoin lose more than half of it’s value since 16th Dec 2017?

The exact reason of such a decline cannot be attributed to a single factor. If I were to guess, I would pick Market Correction as one of the major factors for this steep decline in Bitcoin's value. Generally...

March 5, 20185
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How long Cryptocurrencies will survive ?

In my opinion Cryptocurrencies are here to stay. There has been lot of scepticism around cryptocurrencies mostly because of three factors: Lack of proper understanding of how cryptocurrencies work...

March 5, 201810
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What’s the best cryptocurrency to invest?

I would recommend the following: BTC (Bitcoin): It is the undisputed king of Cryptos. It has the highest marketshare and is very volatile as well. You should keep your eyes and ears open for any considerable...

March 2, 201810
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