Bitcoin Essay

Cryptocurrencies in the Robin Hood app According to a Company representative, Robin Hood is already "the fastest-growing brokerage ever, with over 3 million users and $100 billion in transaction volume”. It is also the only stock brokerage platform to democratize stock trading has not only given investors the opportunity to trade on stocks free of any charge but has taken the huge leap of making the trade on cryptocurrencies available on their app. The two- Robin Hood and Cryptocurrency are…

Good Morning Everybody! Have you guys ever heard of these so called “Dark Websites” such as with the name “Silkroad” or a new kind of currency called Bitcoin? Well if not I will be happily to tell you all about these interesting things that the world wide web has provided us! Have you guys ever heard of the film Dope? It recently just came out in the summer of 2015. In the film, you see how the main characters being able to sell drugs online but being able to create their own website, stay…

Have you ever thought of how illegal good are sold on the internet or wanted to understand the reason why bitcoin was created? “The Dark Net” written by Jamie Bartlett, journalist and technology blogger of The Telegraph, gives a first person perspective of the darkest part of the net. Be warned: this book contains sensitive and disturbing topics and is not for all audiences. From exposing online cam girls to their friends and family, to a man discussing his experience when caught and arrested…

to exchange Bitcoin, Litecoin. Ethereum and many other digital assets having their traditional currency. Worldwide 190 countries are allowed to do bitcoin transactions and storage. Products and It’s Uses It has two major products: • Global Digital…

“The Hidden Web”, or most infamously known as “The Deep Web”, is a portion of the Internet that is not indexed by standard search engines like Google, Bing, Yahoo, etcetera. The reason for this is because standard search engines cannot directly access data that is held in databases, which makes it incredibly difficult for search engines to index. So, how does one go about entering the Deep Web? And what are their intentions? Even though an ordinary person like you and me have no business to…

One of the raging civil wars in the cryptocurrency world is Ethereum vs. Ethereum Classic. Similar to the in-fighting with Bitcoin and Bitcoin Cash, this civil war is causing a big divide among the cryptocurrency owners. So, what has caused the rift? Should you be moving away from the original and hedging your bets with Ethereum Classic? What Happened to Ethereum? The fallout began with a hack on the integral component that ran on the original Ethereum. There was a significant amount of money…

identity of users almost untraceable. Having to work around online surveillance measures, TOR reroutes IP addresses of all parties involved, making the overall transaction anonymous and secure. Next off, the Dark Net had adopted the crypto-currency, Bitcoin as the primary payment…

Short Write up on Silk Road Silk Road was an online black market for selling and buying of illegal products. They used to trade drugs and transact through bitcoin currency. Bitcoin is a form of digital currency which uses encryption and the transactions are undetectable. There was involvement of large transactions of money and the unfair means of selling and buying of drugs and other banned substances were done. This platform provided a safe house for criminals to trade drugs. Silk Road was…

The blockchain will also disrupt the real estate industry in the way documents are stored and filed. With the security that blockchain promotes it would be easier and a no brainer to store important documents on the blockchain platform to allow faster access for retrieval. Additionally.the storage of documents would not only store the titles but also documents such as "list of repairs and refurbishments and projected costs associated with owning and running the home" (Oparah, 2016). While the…

Then 2009 comes along and cryptocurrency was introduced by an anonymous person using alias Satoshi Nakamoto as his fake name to create bitcoin without being known to the world. Bitcoin was created with a really complicated blockchain that ended up being know to a lot of developers and the program that was used to create bitcoin was C++. mobile payments were expected to reach 670 billion dollars by 2015 but it has reached around 910 billion dollars used through m-commerce a year…