A Beginners Guide to NEO cryptocurrency

A Beginners Guide to NEO cryptocurrency

What is NEO?Why was NEO invented?How do they aim to get a smarter economy? What is NEO? NEO is a blockchain platform that was invented in China. It is also known as “China’s Ethereum”. NEO started as AntShares in the year 2014. It was founded by Da Hongfei and Erik...
Bitcoin vs Gold: Who wins?

Bitcoin vs Gold: Who wins?

Bitcoin vs Gold There has been a widespread curiosity and urge for the comparison of Gold and the popular cryptocurrency – Bitcoin after Apple’s Co-founder – Steve Wozniak commented that he thinks Bitcoin has a higher standard of value than gold and...
What is DAO? How do they benefit the Community?

What is DAO? How do they benefit the Community?

What is DAO?Now let us talk about the benefits of DAO: What is DAO? DAO is an acronym for Decentralized Autonomous Organization. It refers to an organization that works independently and is decentralized i.e. it does not need any third centralized party to take...
Proof of Work Vs Proof of Stake: Cryptocurrency

Proof of Work Vs Proof of Stake: Cryptocurrency

What is Proof of Work(PoW)?What is Proof of Stake?Coins based on these systems:Now, let’s get to some high-level differences between the two!Proof of Work Vs Proof of StakeConclusion  Prerequisites: Basic knowledge of Blockchain technology and...
India considers taxing cryptocurrencies

India considers taxing cryptocurrencies

It seems that the government of India isn’t forbidding cryptocurrencies, rather mulling over taxing them. The government is thinking about a proposition to lay an 18-percent Goods and Services Tax (GST) on the trading of the cryptocurrencies, Bloomberg...