Physical assets on the blockchain could simplify a lot of the issues of supply chain, logistics, and contract management. However, the technology has drawbacks that could prove to be challenging to usability. Before such a system can work, we need reliable ways for transactions to verify identity, avoid mistakes, and adjudicate disputes..
What exactly is Litecoin ? Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency that was released on October 7th, 2011 and went live on October 13th, 2011. It's similar to Bitcoin but with more coins in circulation, shorter verification period, and different hashing algorithm. Is Litecoin better than Bitcoin ? It depends who you ask. Litecoin … Continue reading An Introduction to Litecoin
Similar to Bitcoin, Ethereum is a distributed public blockchain network. While both Ethereum and Bitcoin are cryptocurrencies that can be traded among users, there are many substantial differences between the two.
Revising the previous content, I would like to clear off the confusion and concepts about Centralized and Decentralized cloud storage methods. Centralized Cloud Storage is the storage which has a central access to co-ordinate the transactions. As it is self-explanatory now, Decentralized Storage is the exact opposite of Centralized Storage. It is hosted and coordinated by public itself. In simple words, Decentralized Cloud Storage is a peer-to-peer (P2P) network.
Cloud mining is the process of mining bitcoins using a remote isolated server with shared processing power. This type of mining allows you to investigate and mine bitcoins or any corressponding cryptocurrency without using any explicit hardware.....continued