View: 482
Want create site? Find Free WordPress Themes and plugins.

AMF (Autorite des Marches Financiers) is a French stock market regulator and in a press release, they recently announced that on 15th March, 15 cryptocurrency websites have been blacklisted by them.

Blacklisted Companies

15 companies were blacklisted by press release, as these companies nonstop advertised and marketed their products and services to the French public as investment opportunities, even with the new regulations. Such businesses that illegitimately offered investments in commodities such as; diamonds and other metals are also in this blacklist.

Press Release Statement

According to the press release;

“The investment proposals highlighting the possibility of financial returns or similar economic effects involve intermediation in miscellaneous assets and are now subject to ex-ante control by the AMF. Consequently, no offer can be directly marketed in France without prior allocation by the AMF of a registration number.”

This statement also reminds customers that high profits always include high risks so; advertising materials shouldn’t make you overlook that fact. Moreover, it suggested its customers to work hard enough before making any investment, and get knowledge about their company as much as possible. They also advised their customers to invest in a product only if they completely understand it.

Last year, Francois Villeroy de Galhau (Governor of the Bank of France), issued a warning in December and claimed that Bitcoin is a speculative asset, and there are high risks of investing in it, unlike other digital currencies. French regulators this move follows an array of apprehensive attitudes toward cryptocurrencies from the French government.

Jean-Pierre Landau’s Views

Jean-Pierre Landau is an open Bitcoin critic and in January, he was appointed by the French Minister of the Economy, to assign a task of examining cryptocurrency regulation. Landau sometimes calls Bitcoin the “tulips of modern times” referring it to Tulip Mania, as in 17th century, Europe was flounced by it.

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Type Comments Here

Your email address will not be published.

Share Your Toughts

View: 473

The Beginner’s Guide About Bitcoin Wallet

Want create site? Find Free WordPress Themes and plugins.

A Bitcoin wallet address is equivalent to a bank account for tangible cash. In bank accounts the money is deposited, withdrawn and transferred to other users. Same is the case with bitcoin wallets. These wallets are used to store/withdraw bitcoins and transfer them to other users. There are three major types of bitcoin wallets: web wallets, software wallets, and mobile wallets.

Web Wallets:

Also known as “eWallets” or “browser-based wallets”; web wallets are the easiest to protect and give you complete freedom to use/obtain bitcoins.

Some of the examples of web wallets are:

  • BitGo
  • BlockChain
  • Green Address
  • Hive

Software Wallets:

Software wallets are installed on your PC. The users have complete control over Software Wallets and are responsible for bitcoins’ protection and backups.

Some Examples of Software Wallets:

  • Armory
  • Bitcoin Core
  • Electrum
  • Green Address

Mobile Wallets:

The users with Mobile Wallets have the freedom to store bitcoins on mobile devices. Mobile Wallets are simple and easy to use while transferring coins. All a user has to do is to scan the QR code using “tap to pay”.

How Do Wallets Work?

Each Bitcoin wallet comes with a private key. The key allows a user to spend the coins. It’s usually the owner only who knows about the key. However, if you are not careful enough with protecting the key, there is a huge chance that someone else will be able to figure it out and spend your coins.

What Are Some of The Tips to Keep My Bitcoin Wallet Secure?

As mentioned above, the key-protection should be your top priority while using online Bitcoin wallets. Otherwise, someone else could easily hack into your account to steal your coins. To make sure your wallet is well protected, follow the tips given below.

Strong Password:

Weak passwords are easy to crack. There are several programs that run different patterns, names, and combinations to crack these passwords. To make sure your password is resilient to these attacks, do not use commonly used patterns or names. Instead, go with the strings of random letters, numbers, and symbols.

Multifactor Authentication:

Multifactor Authentication is an additional security authentication to your password. This could be something like a favorite quote, secret question or a captcha.

Private Key Encryption:

Encrypt your private keys. A private key in plain text is easy to guess and easy to access. So, make sure your key is encrypted.

If Possible – Use Open Source Software:

Use open source software where possible as it gives you the freedom to review the source code and ensure it does what it says.Moreover, an open source software is quick to fix the security laps than closed source software. A good example of open source software is Linux which is used by most of the world’s financial system.

Lastly - Keep Backup of Everything:

Keep backup of your private keys and every single information in your wallet. Having a backup is of great significance. If your data is only stored in one hard-drive, and the drive dies, the information will be lost for good.

Learn how to backup your Bitcoin wallet.

Did you find apk for android? You can find new Free Android Games and apps.

3 thoughts on “The Beginner’s Guide About Bitcoin Wallet

  1. Web wallet sometime called online wallet that is an online services enables clients to store and control their internet shopping data, as logins, passwords, shipping address.

Leave a Reply

Type Comments Here

Your email address will not be published.

Share Your Toughts

View: 472

Online Bitcoin Wallets

Want create site? Find Free WordPress Themes and plugins.

Bitcoin wallets or digital wallets are the wallets that require a web browser in order to run, just like websites out there. It’s safe to say that they are pretty much similar to a website.

Surprisingly, the web wallet options are thin compared to the iPhone or Android options.

Right now, there are two Bitcoin wallets worth using. The most reliable online bitcoin wallet is Green Address.

GreenAddress:

To get a Bitcoin wallet that provided protection against cyber-attacks, GreenAddress is the way to go. GreenAddress takes cyber-attacks seriously and provides your coins protection against these attacks.

GreenAddress is a “multi-signature” Bitcoin online wallet. This implies GreenAddress shares control of your Bitcoin with you. While other online wallets are prone to cyber-attacks, GreenAddress gives genuine two-factor validation keeping your coins protected in your wallet.

Spectro Coin:

SpectroCoin is London-based bitcoin wallet, exchange, debit card and merchant solution provider. It serves customers in more than 150+ nations. Right now, it encourages more than 20 types of deposits and withdrawals including bank exchanges, credit/debit cards, and cash deposits to name a few. It also gives bitcoin wallet addresses to iOS, Android and Windows Phone users.

These two are the safest online bitcoin wallets. Although these wallets provide all sorts of security, the ultimate protection comes down to the wallet owner. The best wallet security is the protection of its private key. As long as the key is unshared, chances of your coins getting stolen are very slim.

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Type Comments Here

Your email address will not be published.

Share Your Toughts

View: 468

What is Ethereum mining?

Want create site? Find Free WordPress Themes and plugins.

What is Ethereum Mining?

Mining is a process which involves some computational intensive work which requires a lot of processing time and power. Basically, mining is the act of joining a given peer distributed digital currency network in consensus. Then miners get rewards for providing solutions to challenging mathematical problems. The process of mining is to put the hardware of computer system to use with mining applications.

All related info on digital currency transactions surely embedded in data blocks. Each data block attached internally to many other blocks. This produces the “Blockchain”. All these blocks had better be analyzed as fast as possible to make sure a smooth proceeding of transactions on the platform. The miners come in when the issuers of such digital currencies do not have the capabilities to handle the processing.

Who is a Miner and What is The Purpose of Ethereum Mining?

A miner is an investor which devotes time, computer hardware and space, and also energy to sorting through blocks. At the time when the mining process hit the required harsh, miners will submit the solutions of the mathematical problems to the issuers. After the verification, the issuers of the currency give rewards which are some portions of transactions they helped in verifying. They also give the digital currency in exchange for the miner’s work.  Digital mining must take place to upsurge the circulation of digital currency.

What Are The Basics of Ethereum Mining:

The same thing used for Ethereum. The best way to practice Ethereum is to get it through mining. However, mining Ethereum means much more than increasing the capacity of Ether in circulation. Since, it is also important for securing Ethereum network as it produces, confirms, publishes, and propagate the blocks in the Blockchain.

The process of Ethereum mining is to mine Ether. Mining Ethers uses a lot of electricity. If miners perform mining activities professionally, the more income they can generate through the sale of Ether. There are also Ethereum calculators available which calculate profits.

You can use any personal computer systems to mine Ethereum, required a graphics card(GPU) with a Ram at least of 2 Gb. Central Processing Unit (CPU)mining is just an exercise in frustration. It takes a longer period of time to complete, and the profits are just thanks to the cost. When it comes to mine Ether the GPUs are the best bet as they are standing 200 times faster than CPUs.

 

Tags: bitcoin vs other cryptocurrencies

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Type Comments Here

Your email address will not be published.

Share Your Toughts

View: 467

Why Bitcoin Is Wonderful (In 2 Minutes) - Vanessa Collette With Mike Maloney

Want create site? Find Free WordPress Themes and plugins.

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Type Comments Here

Your email address will not be published.

Share Your Toughts

View: 472

Bitcoin Price accelerates beyond $2000

Want create site? Find Free WordPress Themes and plugins.

US markets are celebrating as Bitcoin price soars above $2000 for the first time in history. Bitcoin’s price has surged more than 100% this year and nearly 125% since hitting an annual low of $891.51 in late March. Due to the price recently hitting new heights, the price appreciation will increase dramatically as well.

 

 

Growing trader interest

The advantage of such sharp price gains is the rising interest of traders as measured by trading volume at major exchanges. Both Kraken and Poloniex had reportedly announced that they were experiencing surging bitcoin transaction activity.

 

 

A number of factors have been driving the rally:

  • Trading volumes of Japanese yen and Korean won have escalated and account for around 48.6 percent of trading, according to stats from website CryptoCompare. That’s thanks to a recently passed law that allowed retailers in Japan to begin accepting Bitcoin as a legal currency. Since then, Japan has been a big driver of bitcoin trade.
  • Bitcoin has acted as a safe option, in the past, for investors that worry about political instability and the performance of other asset classes.
  • A debate within the bitcoin community about the future of the technology behind Bitcoin known as the blockchain has been taking place. At the moment, Bitcoin transactions are taking an unusually long time to process and come with high transaction fees. There was fear at one point this could lead to the merging of two different cryptocurrencies but those doubts have largely subsided with an alternative, more acceptable option being put forward.

All these factors add up to the rise in Bitcoin’s value in the shortest of time. According to CoinDesk, several billion US dollars have flowed into bitcoin last week, bringing its market value to more than $37 billion. In the end, as Bitcoin grows to gain more popularity and accessibility around the globe, its price will continue to soar as high as it can go.

 

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Type Comments Here

Your email address will not be published.

Share Your Toughts