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Showing posts with the label ICOTokens

Basic explanation of Blockchain

What is Blockchain ? We all know about the topic trending in the market i.e the bitcoin . With so many conversations around it, have you ever wondered about the underlying technology or the driving force behind bitcoins. It is blockchain , the driving force behind the trending technology. What is blockchain ? Let us understand it with the help of an example.We all know about tom and jerry and their age old rivalry.Tom wishes to end the rivalry so he decides to send a cube of cheese to jerry.He can’t do it on his own as there is a chance of fight.So he decides to give it to Alice and tells her the entire scenario.But the question arises is how much trustworthy Alice is??The second question arises is will the cube of cheese be delivered without any cut/ commission by Alice.To overcome this traditional setbacks,we can use digital cheese.But this digital cheese will lead to double cost as we need to maintain multiple records. Digital cheese blockchain comes into picture ...
Types of ICO tokens ICOs are something that I ’ve been writing about frequently. They have been really impressive and are making their mark in the world. They have been the new buzz word in the financial sector as well in the tech world. Not often have we see the investment bankers and the techies working closely together to develop something interesting until the ICO world started to frame up. These Initial coin offerings raised more money in the first quarter of 2018 itself than the entire of 2017, according to a report from CoinDesk. With USD6.3 billion already raised and a lot more to follow everyone seems to be looking deeply into the functioning and possibilities to raise funds or invest in these tokens for personal gains. But what are these tokens and how does a person deal with them? Or can one use them anywhere apart from exchanges are the common questions. What we have understood and also various reports from the web and our experience that we can classify...