What to do with Cryptocurrency

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I remember those maybe 8 years back when I first heard about Bitcoin. It was pretty exciting news! Were you also part of the hype? College friends trying mining on school computers, fierce discussions about how well the protocol is written, and wild fantasies about how it is going to change the economy, political system and the overall view on what money really is.

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Healthy habits for better cybersecurity

Reading Time: 2 minutes

The internet is full of articles about healthy diet, lifestyle, sport tutorials and so on. But let’s be honest, how much time you spend sporting or in front of a screen of any kind? Since we manage an exchange service and health equals security to us, we’d like to say a few words about that in general.

One of the last released articles was about how to secure your Coinmate account, but now we’d like to introduce some of the general basics of the internet security, just to make this environment safer and your good night sleep potentially better. Continue reading “Healthy habits for better cybersecurity”

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KYC, AML, why do we implement these regulations?

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Hello Coinmates. As you are for sure pretty familiar with our blog already, we’d like to get into another phase here. We got through the basic stuff like establishing your account, starting with trading and depositing funds to Coinmate. in upcoming articles we are going to focus more and more on sophisticated themes, like differences between traded currencies, their functionality and more on trading itself.

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DAI stablecoin

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Project basic information

Issue Time:–
Total Supply:–
Circulation :996 010 000
White paper:https://makerdao.com/en/whitepaper/sai/#overview-of-the-dai-stablecoin-system
Website:https://makerdao.com/en/
Block Explorer:–

Project Introduction

Dai is a crypto-backed stablecoin that seeks to maintain a soft peg with the U.S. dollar.

Dai was first described in a white paper published in December, 2017. Dai is a decentralized, crypto-collateralized stablecoin that aims to maintain a stable value relative to the U.S. dollar. It was developed by MakerDAO, a Decentralized Autonomous Organization or DAO, and runs on the Maker Protocol , a system of smart contracts that algorithmically maintains Dai’s soft peg. MakerDao built Dai to be used as a global medium of exchange and to promote economic freedom and opportunity in the world.

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BCH – Bitcoin Cash

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Project basic information

Issue Time:–
Total Supply:21,000,000
Circulation :17,496,900
White paper:–
Website:https://www.bitcoincash.org
Block Explorer:–

Project Introduction

As the first software to implement Bitcoin Cash, on-chain scaling is Bitcoin ABC’s raison d’être. Bitcoin ABC is committed to increasing the block size limit for Bitcoin Cash. But on-chain scaling involves more than simply changing one number in the software. There are various technical improvements and optimizations that must be carried out so that the system can handle larger blocks safely and efficiently. Bitcoin ABC stands for “Adjustable Blocksize Cap”, and as the name implies, it is easy for any node operator to adjust their block size limit. We are in favor of raising and eventually removing the block size limit. The miners who use our software, however, want an implementation that will work well for the blocks they produce and accept. This means that the best way we can help raise the block size limit that miners choose is by removing software bottlenecks.

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DASH – Dash

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Project basic information

Issue Time:2014-01-17
Total Supply:18,900,000
Circulation :8,947,081
White paper:https://github.com/dashpay/dash/wiki/Whitepaper_zh_cn
Website:https://www.dash.org/
Block Explorer:https://chainz.cryptoid.info/dash/

Project Introduction

Dash is a digital currency. With its help, anyone anywhere in the world can complete transactions quickly and easily, at a low commission, without relying on central agencies. Based on a decentralized peer-to-peer network, Dash is guaranteed by strong cryptography, which provides a secure, user-friendly and unrestricted payment method.

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XRP – Ripple

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Project basic information

Issue Time:2011-04-17
Total Supply:99,991,850,794
Circulation :41,432,141,931
White paper:https://ripple.com/files/ripple_consensus_whitepaper.pdf
Website:https://ripple.com/
Block Explorer:–

Project Introduction

Ripple (XRP) is an independent digital asset that is native to the Ripple Consensus Ledger. With proven governance and the fastest transaction confirmation of its kind, XRP is said to be the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility and fast settlement finality for interbank flows.

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