Blockchain Archives - Crypto Review Pro

What is Bitcoin and what are the advantages and disadvantages of Bitcoin?

Bitcoin is a digital currency introduced in the year 2009 by an anonymous developer named Satoshi Nakamoto, whose identity till this date remains unidentified. Bitcoin is the world’s first decentralized currency, and it does not have any single administrator or central bank to monitor its activities. The transactions of Bitcoin takes place through peer to peer transactions. The operations take place directly through the use of cryptography without the need for involving an intermediary. Bitcoins…

All About Ethereum

Ethereum is nothing but a blockchain network that enables developers to build and deploy a decentralized platform. It is an open software application which is without any possibility of fraud or third-party interference or censorship. The applications run on a custom built blockchain which is astronomically shared as global infrastructure that can represent the ownership of property. Ethereum essentially enables multiple new and extremely innovative cryptocurrencies to exist Ethereum Virtual Machine: Before the Ethereum came…

The ‘Ripple’ Effect

Ripple is a global real-time gross settlement (RTGS) system. It also doubles up as a currency exchange and payment system. It is a name for both the cryptocurrency (XRP) and the open payment network within which that currency is transferred. Origin Ryan Fugger created Rippleplay in Canada in 2004. It was intended as a decentralized monetary system through which people can effectively create their own money. He intended to provide secure payment options to members…