Facebook’s announcement of its new Libra cryptocurrency set the world on fire. Suddenly, everyone was talking about cryptocurrencies again and though Bitcoin was already on a bull run resurgence, it might have helped boost the original cryptocurrency’s value, too. But Bitcoin and Libra are two very different animals, even if they maintain some similarities. So, how does Facebook Libra compare to Bitcoin? Why might you want to use one over the other? This isn’t financial advice on which to invest in, but we’ll be seeing how the two differ in this Facebook Libra versus Bitcoin head-to-head. Buying power Perhaps the starkest difference between Bitcoin and Libra is where you can use the two cryptocurrencies. At this point in time, Libra hasn’t been officially released, so it’s not able to be used at all. When it is released, though, perhaps in 2020, it will be a digital currency that can be used for purchases and trades on Facebook, WhatsApp, and other … [Read more...] about Facebook Libra vs. Bitcoin
Facebook is getting into the cryptocurrency market. It announced a digital wallet called Calibra on Tuesday, which it plans to launch in 2020. The company wants to be the one to bring the reported 1.7 billion “unbanked” adults into the world of financial services under its umbrella. But the company’s solution isn’t another Bitcoin — far from it. Libra, as the currency is known, is designed to allow Facebook users to make purchases on the social network and on other websites online. Rather than a truly decentralized token, like Bitcoin, Libra will be managed and controlled by Facebook and a consortium of companies like Visa and Mastercard. You’d be right to think it doesn’t sound much like your typical cryptocurrrency. But with Facebook’s platform at its disposal, does Libra have the momentum to be the first cryptocurrency truly made for the masses? Centralized cryptocurrency Libra has reportedly been under development for over a year at … [Read more...] about Facebook’s crypto isn’t a new Bitcoin, it’s Disney Dollars for a new world order
Bitcoin is a famously dececentralized cryptocurrency, a system of storing value, and a somewhat less-effective transaction medium. It allows near-instantaneous transfers all over the world without a middle man or regulatory body giving it the go-ahead. Fans of cryptocurrency fear government regulation could ruin it, but they shouldn’t be concerned. Any attempt control bitcoin simply won’t work. Beyond the difficulties presented by the decentralization of bitcoin itself, governments and regulatory bodies have shown they lack understanding of technological topics, and bitcoin is one of the most complex. As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin – and its alt-coin contemporaries – in a way that could impede its progress. Historical precedent The oversight jitters are understandable. There have been some attempts at regulation over the years, and now that … [Read more...] about Go ahead, pass laws. They can’t kill bitcoin, even if they try
What is Ripple? It’s still classed as a cryptocurrency, but the way it was founded and the way it operates are very different from some of the others out there. That’s why if you’re thinking of investing in Ripple, you need to do your research first and what better place to start, than right here. Want to know what Ethereum is all about too? We have a guide for that as well. Ripple explained Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are … [Read more...] about What is Ripple?
Chances are, you’re reading this in Google’s Chrome browser. As of October 2019, Chrome owned 67 percent of the market, and there are several good reasons. Chrome is fast, it has tons of extensions, and it runs on every platform. But there are cracks in Chrome’s armor, and privacy is one of them. That’s where the Brave browser comes in, and given that it’s just exited beta status, I decided to give it a quick spin to see if it can replace Chrome on my devices. Privacy for all Yes, that’s right, Brave is all about privacy, and that’s where it stands out the most. Out of the box, Brave blocks a host of bothersome web site practices, more so than any other browser. Take a look at the right-hand side of the URL bar, and you’ll find Brave’s “shield” notification, a small icon with a counter that shows you at a glance how many things Brave has blocked on a given web site. The list of what Brave blocks is quite extensive, … [Read more...] about If you care about privacy and security, Brave should be your browser of choice