Crypto

  • Quantum Computing Impact on Post-Quantum Cryptocurrencies

    Posted in Crypto on Jun 05, 2024

    Quantum computing is a transformative technology that leverages the principles of quantum mechanics to process information in fundamentally different ways compared to classical computing. Unlike classical bits, which represent data as 0s or 1s, quantum bits or qubits can represent and process multiple states simultaneously due to superposition. This capability allows quantum computers to solve complex problems much faster than classical computers. Entanglement, another key principle of quantum mechanics, enables qubits that are entangled to be correlated with each other, even across large dist...

  • The BTC Aftermath - Biggest Winners vs. Winners?

    Posted in Crypto on May 02, 2024

    Ticker Symbols:- Bitcoin (BTC) - $63,645.80, Ethereum (ETH) - $3,340.41

    The Halving

    The 19th of April 2024, saw the 4th halving take place when the 840,000th block was mined, signalling the halving of rewards of crypto mining and subsequently, the amount of BTC created went down, from 6.25 BTC to 3.125 BTC every 10 mins. We have already explored the potential downsides of this event and I think it's only prudent to flip the coin and talk about the upside, that has most of the bullish community ready to jump on the bandwagon for a ‘one way’ ride to the moon.

    Price Movement

    The current price per...

  • 4th Coming: Bitcoin's Halving - Doubling Costs, Doubling Excitement!

    Posted in Crypto on Apr 25, 2024

    Ticker Symbols:-

    Bitcoin (BTC) - $63 971.00 , Marathon Digital Holdings Inc (MARA) - $16.50, CleanSpark Inc (CLSK) - $17.20, Riot Platforms (RIOT) - $9.13 , Phoenix Group Holdings PLC (PHNX) - $5.98, Terawulf Inc (WULF) - $2.29,

    Introduction

    A Bitcoin (BTC) halving event has so far taken place roughly every 4 years when the mining rewards are halved and in turn, halves the supply rate of new BTC. The current market cap of BTC is sitting at about $1.2 Trillion and with the current supply sitting at about 19 million BTC in circulation, it’s meant to only have 21 million in circulation with the l...

  • Cryptocurrencies: A Transformative Force in Finance

    Posted in Crypto on Apr 22, 2024

    Introduction

    Cryptocurrencies have emerged as a transformative force in finance, reshaping traditional banking systems and opening up new avenues for investment and financial transactions. This article delves into the journey of cryptocurrencies, their profound impact on the financial landscape, and the promising future they hold.

    The Genesis of Cryptocurrencies

    In 2009, Bitcoin, introduced by the enigmatic Satoshi Nakamoto, pioneered the concept of decentralized digital currency. Bitcoin's blockchain technology offered a secure and transparent platform for peer-to-peer transactions, free fro...