Buy Best Cryptocurrency to Invest 2018 in India, What Cryptocurrency to Invest in, Which Cryptocurrency to Buy, ICO, Ripple, Iota, Binance, Tron, Bitcoin, Etherium, Ada, Eos, Neo, Bubble, Electroneum
Buy Free Cryptocurrency Online
Do You want to Buy Free Cryptocurrency ? If Yes than Follow the Steps Given on www.buyfreecryptocurrency.com.
what is cryptocurrency?
cryptocurrency is a digital coin or electronic money which is based on blockchain technology and. It can be used for banking and software purposes which help people to secure the transaction and transfer the assets called virtual currencies.All the supply of coins are not determined by the central bank it it totally based on decentralize.In 2018 there is almost 1500 digital crypto coins are rolling over the internet as electronic cash.
First crypto coin was made by satoshi nakamoto in the year 2008 called bitcoin (peer to peer) electronic cash coin.The crypto coin bitcoin which is completely decentralized and it is made for people only with center authority and server. crypto coins are works on blockchain technology which is is called public ledger,All the transaction are recorded in public blockchain ledger,which is store in the cryptocurrency wallet as the public and private keys or addresses for spend and receive digital coins like bitcoin,ripple,ethereum coin. These private keys can record public ledger which is effectively spending the associated crypto coins. Also with these public keys it is possible for other to send the transaction of currency to the wallet.
How crypto currency works?
Crypto coins are works on recorded peer to peer transaction and all the transaction are confirmed by 2-3 confirmation of the network consist of nodes p2p known as computer nodes,Now the network nodes validates the transaction using algorithm like sha-256,equihash,x11. All verified transactions involved cryptocurrency contracts,records,other information.Once the network confirms the record and your coins send in your wallet and you can store your funds safely with secure password and private keys.
How to mine crypto currency?
Lets start with the bitcoin first digital currency which uses the sha256 bit algorithm which solve the mathematics problem to record the transaction to given the reward to bitcoin miners.
when bitcoin launced in 2008 it is very easy to mine,you can mine bitcoin with the help of cpu power,lets say you have desktop i5 cpu prccessor to mine bitcoin with your browser using your cpu power, but keep in mind the rewards you get very low.although there are others coins like monero(xmr),bytecoin,dogital note,aeon coin,bitcoin gold zcash etc which are based on equihash and cryptonight algorithm that are easy to use to setup the pool address and start up and these coins are based on cpu mining .More threads your cpu uses more rewards are given by the pool.
How you become a crypto miner?
Mining process works on pool like you have a slush pool to mine the coins you can connect the coin to the pool addrress and server and start mining bitcoin or other cryto coins.
Once you’re setup your worker and pool address and port address you are ready to mine bitcoins or other coins, then we recommend joining a Bitcoin mining pool. Bitcoin mining pools are groups of Bitcoin miners working together to solve a block and share in its rewards to the members who solve the hashes and blocks and the valid proof of works.also you you easily start cryotomining with the help of gpu and high end hardware like asic which are basically meant for bitcoin mining like ant miner s9 ant miner s11 from the company bitmaintech. you can use these miner for setup bitcoin mining and but keep in mind the difficulty increase in btcoin day by day and mining rewards are change according to the difficulty and transaction fees.
Follow these stepts to became a crypto miner
- Research and read about the best bitcoin and cryto hardware miner then purchase it for crypto mining.
- Download the best crytomining software like cg miner minergate,bfg miner.
- Join a crypto pool like slush pool or mimnergate pool.
- Set up a cryto currency wallet like free-wallet and block.io to store your funds securely.
- Stay up to date with crypto news and bitcoin latest news.
Best crypto currency to invest in 2018 ?
Bitcoin is the best future investment plan to that make you rich with just 5 years of investment digital currency bitcoin which has starting price 200 dollars 2013-2014 and not the bitcoin bubble is goes down with the price hits the highest price reach on Bitfinex and Binance 20000$ touch in the year 2017 and now the current price is 7000 dollars but the expert prediction is that bitcoin can be touch 100000$ in 5 years.
Ethereum coin which is launch on 2014 with starting price of 8$ ,Today Ethereum coin reach the milestone of 1000$ and the coin market capital of $71.50 billions . this shows the growth of ether coin and the best investment for future. Ether coin is based on (ethash) algorithm and the coin can be mine with the help of Gpu and Cpu and not supported Asic mining hardware’s.
Ripple coin is a build on the platform of baking blockchain. ripple was launched in the year 2012 and is the only crypto currency which is centralized by the government and used for banking payment transaction like Rtgs swift transfer and Neft transfer of money.ripple use the software called ripple net to process the banking transaction fast ,ripple only takes 4 second to make the money transfer,whereas ethereum take 3 minutes and bitcoin takes 2 hour to confirm the transaction.
Ripple is partner with top banks which using ripple net software and blockchain technology for money transfer and payment transactions.
- Standard charted bank
- Amrican express
- Axis bank,rak bank,akabank,yes bank etc
- Sbi remit
- Transfer go
Stellar crypto coin: stellar coin was founded in the year 2014 by jed mc celeb the coin is supported by the non-profit organization the stellar development foundation. and it is based on ripple protocol.
Stellar lumen(xlm) is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost.the coin has a market capital of $63 billion.stellar runs on software stellar core net the backbone of coin to sync with the network.coin xlm is use for baking swift international transaction which take only 5 seconds to completed the transfer.Stellar Lumens (xlm) came to the attention of market analysts in October 2017, when the company entered into a partnership with IBM.