Cryptocurrency How-To

Get into the amazing cryptocurrency world

How to's

All how to's in this blog.

How to create a Siacoin wallet

- Posted in How to's by

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.

See more how-to 's for wallets:

How to create a myMonero wallet

- Posted in How to's by

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.

See more how-to 's for wallets:

How to mine Siacoins

- Posted in How to's by

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.

See other posts about mining

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

- Posted in How to's by

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.

Other posts about Masternodes

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.

How to mine StorjX

- Posted in How to's by

Storj, is a cryptoccurency, that gives you coins, for your provided hard disk space to the network. Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored or monitored, or have downtime.Storj uses blockchain features like a transaction ledger, public/private key encryption, and cryptographic hash functions for security. The decentralized aspect of Storj means there are no central servers to be compromised, and with client-side encryption, your are in control of the keys to your files.

See other posts about mining

Exodus is the first desktop multi-asset wallet with ShapeShift built in. You can use it directly to trade assets, without visiting the shapeshift site. Exodus encrypts private keys and transaction data locally for your eyes only - no accounts, no servers, no data sharing. It has beautiful charts, and very nice themes are available to customize it.

See more how-to 's for wallets:

How to use a Bitcoin ATM (BTM)

- Posted in How to's by

Bitcoin ATM's are deployed worldwide. They are very useful, because you can buy and sell Bitcoins, as easy as you use your debit card on Bank's ATM. Some require ID information and some not. The buy process: The first queation is to enter a Bitcoin address, if you have a wallet, or the BTM will create one. Then you enter fiat currency in the BTM and it is converted and sent to the reqiured address (yours or new). If it's a new address, the BTM prints the Public/Private keypair, so you can import them to a wallet later. The sell process You are prompted with an address, to send the Bitcoins to. Then you scan it with your device and initiate a send transaction from your wallet. When transaction is confirmed, you get the fiat cyrrency in the tray.