crypto - 2 Crypto Communities to Join in 2018

2 Crypto Communities to Join in 2018

Cryptocurrencies have blown up all throughout 2018, and you must become a part of it. If you have not heard all of it, then this is the perfect moment to join the massive movement of the cryptocurrencies. Here are 2 Crypto Communities that you should definitely consider joining in 2018:

As for today, we find ourselves being in the digital era, everything that we do is strongly tied up with social media, and the importance of the number of followers, members, and supporters that you might have, on a website, such as Telegram, Slack, Instagram. To be able to spot on a good community to be a part of and with digital currency, you have to:

Make sure they have engagement, honesty, presence, sense of motivation and positivity, for it to be a safe environment, and last but not least, relevance. Having all of this in mind, we move on to the communities that you should join:

Bitcoin

By far the most known and famous cryptocurrency. This pioneering blockchain crypto, has some ride-or-die followers, making it the biggest and most important network to be a part of, and if that doesn’t sound good to you, they have some important and large-scale influencers.

bitcoin pocket - 2 Crypto Communities to Join in 2018

The influencers of this network, make us realize and understand why its top-of-the-list, other networks just focus on making money and profits to keep it all to themselves

DogeCoin

This very interesting network, it got its name from the doge meme, how creative is that?  Even though they have gone through a rough journey, they keep on proving the importance of giving value to the community. No one ever expected the impact and the amount of growth that this network would get

They have made a name for themselves by having many sponsors. The biggest one so far was a dodge-themed NASCAR event. The DogeCoin community often donates money to the people in need, making one of the best communities to be a part of.

It doesn’t matter which one you decide to go for, both are well-known networks that are sure to make this experience, something that you won’t regret.

people - The 3 Most Important Facts about the DAO

The 3 Most Important Facts about the DAO

DAO stands for Decentralized Autonomous Organization, which basically means that it is an organization that is strictly directed by codified rules in computer software.  If you are not aware of the massive movement that this organization is doing, then keep on reading to learn more about it:

The main focus of this organization was to create a decentralized business where you could be merchandising and non-profit at the same time. Trust us, is not something everybody is aware of, but should, as DAO is not related to any nation-state, so the government was kind of doubtful on how this organization was going to be regulated.

The Code

The code of this organization is open-source, which basically means that it doesn’t have any restriction on who uses it, where, and how.  This code was written by Christoph Jentzsch, and released to the public on the web-based hosting server, GitHub

two people - The 3 Most Important Facts about the DAO

First Launch.

It was released for the first time, on 30 April 2016 at 01:42:58 AM. This organization was primarily funded for a website and a crowdsale. A crowdsale basically means that funding a project by raising small amounts of money from a lot of people, and it usually takes place on the internet.

Risks

DAO was called to give money on investments that would set back contractors, so they would receive in return, clear payment terms from the contractors themselves. These contracts were basically about giving the organizers of the DAO a “payback” for their investments. They made very clear to the investors that there was a high chance that the DAO was going to fail.

The most common and most talked-about risks were the attack vectors and programming errors. The attack vectors were basically a way to invade and infect a computer using viruses and worms, and other malevolent codes. And a programming error is more common than you would think, and it is a failure or an error in a computer program, that basically makes the whole program fail.

After reading all of this information, you are ready to become a part of DAO. This organization keeps on growing and growing surprising everybody, even the creators. Even though, they didn’t have high hopes, this organization managed to leave everybody with their mouths open.

block - 2 Non-Blockchain Cryptocurriencies You Should at least Know Already

2 Non-Blockchain Cryptocurriencies You Should at least Know Already

Even though, the blockchain is an undeniably innovative idea and invention, some people rather to work and to have their cryptocurrencies without it.  If you happen to be one of those people, fear no more, here we bring 2 non-blockchain cryptocurrencies you need to know:

DagCoin

This cryptocurrency became the first at being non-blockchain in 2012. It was first created by Sergio Lerner, who became the first to ever suggest changing the use of blockchain in exchange for SAG.

Ant

This specific type of server offers many advantages. Here are some of the most important ones:

Double-spends in the current DAG-chain are Accepted

The basics of cryptocurrencies turn out to be that when two transactions are conflictive, one will always overcome the other, when this happens, the dominance depends on how big the transaction is, which basically means the number of other transactions that refer to said transaction.

cellphone - 2 Non-Blockchain Cryptocurriencies You Should at least Know Already

It also prevents transactions to mix with other transactions, which can be of a lot of help. When working with this system you want to avoid at all cost, transactions from mixing with one another.

Preventing Unbounded Cascade Updates to Confirmation Scores

This basically means the updates are banned on the computer system through checkpoints, which are considered the transaction that has direct or indirect references.

IOTA

This up-to-date cryptocurrency, it is mostly based on Tangle, which turns out to be based on SAG. That basically makes it have a lot of similarities with DagCoin, and some people will even consider it to be better.

IOTA says that they have basically solved with Tangle, many of the issues that Blockchain presented. Such like:

Centralization of control: which is a very known issue, that is basically about when a few miners that the full control of the operation.

Not being able to make micropayments: this is a normal problem of the cryptocurrencies that basically come from the charges of the transactions, that at the end supplements the overall value of the small payments

With all of this information being known, you can go on and decide which of the previously mentioned non-blockchain cryptocurrencies are better for you.