Cryptocurrency How-To

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How to use Ledger Nano

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The Ledger Nano S, now has the ability to store Ether. It's cost is small 58 euros, or about $65 without shiupping.

The Nano S stores your Ether offline in a secure environment. To make a spending Ether transaction, the device signs your transactions and transmits it to your computer. With it's built in screen, you can verify all those transactions on the Nano S.

Even if your computer is hacked, your S’s screen will remain secure and verifies that the address and amount you’re sending are correct.

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Mycelium wallet, uses a Hierarchical Deterministic 'master seed' to derive all future bitcoin addresses sequentially and need to be backed up once. It's open protocol allows secure authentication, which is much better compared to username password authentication.

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How to configure a worldcoin wallet

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Worldcoin is a second generation digital currency secured by cryptography. It shares many similarities with it's parent Bitcoin, with features added to make it business friendly. Worldcoin, will make it easy to buy a cup of coffee or bigger ticket items. Transaction confirmation time, is about 60 seconds, and it is easy to transfer money to family and friends with a few clicks. There will be only 265 million coins, so it's value will be kept because of controlled supply.

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How Factom can be used

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Factom is a distributed, decentralized protocol running on top of Bitcoin. That means nobody controls it, but that it is software that people all over the world run to make the protocol work.The Factom Blockchain is an open source project. It was build to secure data and systems. Often it is described as a publishing and auditing engine.

How to mine FeatherCoin

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Feathercoin is a powerful open source digital currency with monetary properties linked to Bitcoin, Litecoin and myriad of countless alt coins. In it's core it's something very different. Comparing Feathercoin to Bitcoin and Litecoin, will show the reasons Feathercoin is different.Feathercoin is a highly upgraded and customised piece of software compared to the Bitcoin and Litecoin protocols.

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How to safely store OMNI tokens

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Omni is a platform for creating and trading custom digital assets and currencies. It is a software layer built on top of the most popular, most audited, most secure blockchain -- Bitcoin. Omni transactions are Bitcoin transactions that enable next-generation features on the Bitcoin Blockchain.

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How to install an IOTA wallet

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IOTA is not a blockchain. IOTA uses Tangle and quantum-resistant cryptography. To transmit a transaction on the network, you need to confirm two previous transactions. You can set up an IOTA wallet to be part of the IOTA network.

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Waves is a very interesting platform, with special features. It is an important cryptocurrrency, if you are thinking of investing. Ethereum has seen a big rise in it's price, so a myEther wallet is needed.

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Because of the recent Ether price increase, a lot of crypto enthusiasts are evaluating Ethereum mining. Because of the expected rise in the blockchain's use and Ether's price, you can run the miner as a windows service. You may also make a local testnet, to develop Ethereum applications. Because of "gas" needed to run any blockchain apps, a local tesnet, is not a bad idea, as the local difficulty is small and the miner can create the coins, you need for "gas".

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Bitmex is an exchange with a unique feature. It allows you to trade Bitcoins with leverage. The leverage could be 100x, and it is a very interesting option not found in other exchanges.

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