Cryptocurrency How-To

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How to create a Lisk wallet

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Lisk is a blockchain application platform. Lisk decentralized applications are programmed in javascript. This is cool, for developers, as there is no need to learn a new language. Lisk supports also sidechains, that will make it free from scaling problems.

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How to create a Siacoin wallet

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Sia coin is one of the three most known storage coins on the internet. If someone wants to invest in Sia coins, he will need a wallet. With the wallet all transactions can be initiated.

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How to create a myMonero wallet

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Monero is a cryptocurrency with a special encrypted blockchain. It is very resistant to attacks, for finding out transaction data on it's blockchain. It is already overtaken Bitcoin in dark and grey markets. People will use it when the need privacy. myMonero is a secure web wallet.

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How to mine Litecoins

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Litecoin is the second cryptocurrency after Bitcoin. It has already solves the scaling issues, and it's price increase, may lchange the profit of mining. You can use a litecoin mining calculator to see if it's profotable. See other posts about mining

How to mine Siacoins

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Siacoin ia a cryptocurrency, that is used for cloud storage services. You give parts of your disk to the network, or you can mine Siacoins with your Graphics Card.

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Paper wallets are a very good and cheap solution, for offline secure Bitcoin storage. You send the Bitcoins to the public address, and when it's time to spend, import the private key to an online wallet. See more how-to 's for wallets:

Ethereum blockchain has more properties than Bitcoin's. When you create an ethereum wallet, you can keep, not only ether, but all tokens that use the ethereum blockchain. See more how-to 's for wallets:

How to create a Dash Masternode

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Dash masternodes do special functions in the Dash cryptocurrency network. They do the mixing service, needed to improve anonymity, and they handle all instantX transactions, from creation to confirmation. When an instantX transaction is initiated, the sending address is blocked until the confirmation is done. This helps over the counter transactions, because transaction is completed, immediately. Masternodes block the sender's address from sending new transactions, until the transaction is confirmed by the miners.

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Solidity is the language needed to create smart contracts on Ethereum blockchain. To run an application on Ethereum, you need "gas". Gas is payed in ether, Ethereum's token. If you want to test, you can use the Ethereum testnet, where ether are give for free. Gas is given to Ethereum miners, as a reward to keep the blockchain going.

Bitland is an experimental platform using decentralized, trustless models such as Bitcoin’s blockchain to bridge the gap between the government and the undocumented areas. The team is looking to move to a decentralized system in which users download an application which serves as a way to encrypt massive amounts of data and store the data on a public ledger of events. In the new system, the users will have more control over their data, and the public ledger will verify the integrity of records without sacrificing the privacy of users.

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