Cryptocurrency Services I’m Currently Testing — July 13th 2019
I’m currently testing these services:
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Bitcoin
A Review Of Stablecoins (Cryptocurrencies With Stable Prices)
Stablecoins are cryptocurrencies designed to have a stable price. A stablecoin can be pegged an asset like the U.S. Dollar.
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Trezor: The Best Bitcoin Safe
Trezor is a good hardware wallet for storing bitcoins.I have also tested the Ledger wallet, but I find the Trezor device easier to use.
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Monero: A Private & Untraceable Cryptocurrency
Created in 2014, Monero is a cryptocurrency that allows for private, untraceable payments. Monero is designed have a complete obfuscated blockchain. This means that all Monero transactions are private and not publicly accessible.
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Getting Started With Ethereum
Ethereum is a decentralized computing platform and crytocurrency. Ethereum uses Bitcoin’s blockchain technology to create a protocol for “smart contracts”.
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Three Hardware Wallets For Storing Bitcoin and Other Cryptocurrencies
Here are three hardware wallets that can be used for the long term storage of bitcoin and other cryptocurrencies. These devices are separated from your computer — and thus virtually hacker proof. I recommend storing these wallets in a fireproof safe. Update 2021: I recommend the Ledger Nano X as a best hardware wallet now.
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Two New Privacy-Friendly Services
Trezor is a safe for storing bitcoins. This USB device creates an isolated environment for offline Bitcoin transaction signing.
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Anoncoin Promises Privacy-Friendly, Anti-Censorship Online Currency
Browsing privately is one thing. Paying privately online is another. Anoncoin, a Tor- and I2P-compatible Internet currency with an anti-censorship focus, offers a solution to the latter challenge. Anoncoin bills itself as “a privacy-centric currency fully compatible with the I2P and TOR darknets. Anoncoin will be available no matter what the authorities do.” Anoncoin works
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