Base of Cryptocurrency

Cryptography (not cryptology, which contains cryptography and cryptanalysis) is a study of encryption from a mathematical point of view. It is also used for secret communication, which allows the world to see an encrypted message in case someone is listening, and does not let them know the real word. Only the intended recipient can read it. As you mentioned, you can also “register” things using a similar scheme, but where “pre-decrypt” (my term) is something, and other people who link your cryptographic key can show that you’ve signed something.So, cryptography is used almost exclusively in security areas. You can only restrict those authorized to access secret data. This is useful for sending messages, ensuring that only paid customers can install the software and be responsible (at least trying to prevent people from “joking” with their phone.It can also provide some security in other ways. Some “dark networks,” especially Freenet, do not censor information. Each user stores the data on their computer, so their removal will not eliminate data from the network. After downloading the report, it can be almost impossible to erase it. In the case of illegal content, you can place it on a computer without knowledge. However, since it is encrypted, the judge should not be guilty of keeping the data on the computer because not only is it impossible to prove that your computer is hosting illegal content, but even if it can, it can. Do not access unless you intentionally try to decrypt it through other illicit routes.With Bitcoin, you can also find cryptographic applications in:bit messageTahoe-LAFS (and other encrypted file storage systems)PGP / GPG (plain text encryption so you can send emails to people without other people reading the message)Finally, I will say that unique passwords can be a growing trend. I have a keychain that, to connect to the program, every time I need a new password. Only 64,000 random passwords will be verified as “I am,” so the attacker will not be able to access the passwords, but will not be able to steal the password that he uses and reuses. Once applied, it can no longer be used.Uses of CryptographyThe crux point of what you have learned so far is that cryptography is the art of storing and writing information in such a way that it only reveals itself to those who need to see it. Hide from everyone else. Before the information age, cryptography was only used to guarantee the secrecy of the information. Encryption has been used to ensure the confidentiality of spy communications, military leaders, and diplomats. Egyptian hieroglyphics, scythe passwords used by Spanish Spartans, plaster and various physical auxiliary devices were used throughout history through modern times. These devices underwent other changes when computers and electronic devices appeared, which contributed significantly to cryptanalysis.http://counos.io

Is There a Correlation Between The Dow Jones & Cryptocurrency?

After a rather nice bull run The Dow Jones Industrial Average has had a rough couple of weeks. Cryptocurrency also is experiencing a correction. Could there be a correlation between the two investment worlds?We need to be careful using vague terms like “bull and bear markets” when crossing over into each investment space. The main reason for this is that cryptocurrency over the course of its amazing 2017 “bull run” saw gains of well over 10x. If you put $1,000 into Bitcoin at the beginning of 2017 you would have made well over $10,000 by the end of the year. Traditional stock investing has never experienced anything like that. In 2017 the Dow increased approximately 23%.I’m really careful when reviewing data and charts because I realize that you can make the numbers say what you want them to say. Just as crypto saw enormous gains in 2017, 2018 has seen an equally quick correction. The point I’m trying to make is that we need to try to be objective in our comparisons.Many that are new to the cryptocurrency camp are shocked at the recent crash. All they’ve heard was how all these early adopters were getting rich and buying Lambos. To more experienced traders, this market correction was pretty obvious due to the skyrocketing prices over the last two months. Many digital currencies recently made many folks overnight millionaires. It was obvious that sooner or later they would want to take some of that profit off the table.Another factor I think we really need to consider is the recent addition of Bitcoin futures trading. I personally believe that there are major forces at work here led by the old guard that want to see crypto fail. I also see futures trading and the excitement around crypto ETFs as positive steps toward making crypto mainstream and considered a “real” investment.Having said all that, I began to think, “What if somehow there IS a connection here?”What if bad news on Wall Street impacted crypto exchanges like Coinbase and Binance? Could it cause them both to fall on the same day? Or what if the opposite were true and it caused crypto to increase as people were looking for another place to park their money?In the spirit of not trying to skew the numbers and to remain as objective as possible, I wanted to wait until we saw a relatively neutral playing field. This week is about as good as any as it represents a period in time when both markets saw corrections.For those not familiar with cryptocurrency trading, unlike the stock market, the exchanges never close. I’ve traded stocks for over 20 years and know all too well that feeling where you’re sitting around on a lazy Sunday afternoon thinking,”I really wish I could trade a position or two right now because I know when the markets open the price will change significantly.”That Walmart-like availability can also lend to knee-jerk emotional reactions that can snowball in either direction. With the traditional stock market people have a chance to hit the pause button and sleep on their decisions overnight.To get the equivalent of a one week cycle, I took the past 7 days of crypto trading data and the past 5 for the DJIA.Here is a side by side comparison over the past week (3-3-18 to 3-10-18). The Dow (due to 20 of the 30 companies that it consists of losing money) decreased 1330 points which represented a 5.21% decline.For cryptocurrencies finding an apples to apples comparison is a little different because a Dow doesn’t technically exist. This is changing though as many groups are creating their own version of it. The closest comparison at this time is to use the top 30 cryptocurrencies in terms of total market cap size.According to coinmarketcap.com, 20 of the top 30 coins were down in the previous 7 days. Sound familiar? If you look at the entire crypto market, the size fell from $445 billion to 422 billion. Bitcoin, seen as the gold standard equivalent, saw a 6.7% decrease during the same time frame. Typically as goes Bitcoin so go the altcoins.Coincidence or causation? How is that we saw nearly similar results? Were there similar reasons at play?While the fall in prices seems to be similar, I find it interesting that the reasons for this are vastly different. I told you before that numbers can be deceiving so we really need to pull back the layers.Here’s the major news impacting the Dow:According to USA Today, “Strong pay data sparked fears of coming wage inflation, which intensified worries that the Federal Reserve might need to hike rates more often this year than the three times it had originally signaled.”Since crypto is decentralized it can’t be manipulated by interest rates. That could mean that in the long run higher rates could lead investors to put their money elsewhere looking for higher returns. That’s where crypto could very well come into play.If it wasn’t interest rates, then what caused the crypto correction?It’s mainly due to conflicting news from several countries as to what their stance will be certainly impacts the market. People worldwide are uneasy as to whether or not countries will even allow them as a legal investment.This past week saw some favorable news from the congressional testimonies of Jay Clayton (SEC Chairman) and Christopher Giancarlo (CFTC Chairman). The sense was that while they wanted to eliminate bad players and ensure AML laws were followed, they wanted to also allow for innovation.It certainly appears that the connection in similar results between the two worlds is uncertainty.We all know that markets don’t like uncertainty. But uncertainty is fleeting. What causes concerns one day can sometimes be resolved overnight. There are also times when the news is so staggering that it paralyzes the market for several months and even years.The key is sifting through all of this information and deciphering what is real and what isn’t.Because I am long on both stocks and cryptocurrencies, I believe that keeping a close eye on both can be quite rewarding. The opportunity for profit exists nearly everyday. This is especially true in crypto as I’ve often bought a coin that just dropped 30% over the past day and then fell another 30% the following, but regained all of that and more within a week.I would recommend staying as diversified as necessary (this varies with each individual’s situation). There are days when one is up and the other down. For a morale boost, it’s nice to have the option of logging into the account that had the better day. If you have accounts in both worlds, perhaps you can relate to this.One thing is for certain, crypto is here to stay and will definitely make investing more interesting.

Importance Of Cryptocurrency As A Medium Of Financial Transaction

These days, the global economy is just moving towards a complete digital eco-system and therefore everything starting from money transfer to investment are going paperless. And the cryptocurrency is the latest as well as the most capable addition to the field of digital payment. The cryptocurrency is basically an exchange medium like the normal currencies like USD, but it is mainly designed for exchanging digital information. And here are some of the reasons why cryptocurrency has become so popular in the recent past.

Asset transfers: The financial analysts often define cryptocurrency as the method that on a certain level can be used to enforce and execute two-party contracts on the commodities like real estate and automobiles. Besides, the cryptocurrency ecosystem is also used to ease some specialist transfer methods.

Transactions: In the conventional methods of business dealings, legal representatives, agents, and brokers can add some great cost and enough complication to even the straightforward transaction. Besides, there are brokerage fees, commissions, paperwork and some other special conditions that may apply as well. On the other hand, the cryptocurrency transactions are one-to-one affairs that mainly take place on some peer-to-peer structure of networking. This thing results in better clarity in setting up audit trails, greater accountability and less confusion over making payments.

Transaction fees: Transaction fees often take enough bite out of the assets of a person, mainly if the person performs loads of financial transactions every month. But as the data miners do number crunching that mainly generates different types of cryptocurrencies get the compensation from the network involved and therefore here the transaction fees never apply. However, one may have to pay a certain amount of external fees for engaging the services of any third-party management services to keep up the cryptocurrency wallet.

More confidential method of transaction: Under the credit/cash systems, the complete transaction history can become a reference document for the credit agency or bank involved, every time while making transaction. At the simplest level, this might include a check on the account balances to make sure the availability of adequate funds. But in the case of cryptocurrency, every transaction made between two parties is considered as a unique exchange where the terms can be agreed and negotiated. Besides, here the information exchange is performed on a “push” basis where one can exactly send what he/she likes to send to the recipient. This thing completely protects the privacy of the financial history as well as the threat of identity or account theft.

Easier trading system globally: Although cryptocurrencies are mostly recognized as the legal tenders on the national levels, these are not dependent on the interest rates, exchange rates, transaction charges or any other levies that are imposed by any particular country. And by using the peer-to-peer method of the blockchain technology, transactions, and cross-border transactions can be performed without any complications.

Greater access to the credits: The Internet and the digital data transfer are the media that ease cryptocurrency exchanges. Therefore, these services are available to people with knowledge of the cryptocurrency networks, a workable data connection and immediate action to the relevant portals and websites. The cryptocurrency ecosystem is capable of making transaction processing and asset transfer available to all the wiling people after the necessary infrastructure is present in place.

Strong security: After authorizing the cryptocurrency transfer, this can’t be reversed like the “charge-back” transactions of different credit card companies. This can be a hedge against the fraud that needs to make particular agreements between sellers and buyers about refunds of the return policy or a mistake in the transaction.

Adaptability: There are around 1200 types of altcoins or cryptocurrencies present in the present world. Some of these are a bit of ephemeral, but an adequate proportion is used for specific cases, which depict the flexibility of this phenomenon.

Are You Choosing the Right Stock Market Advisory Company

What do you do if you want to learn driving a car? You will try to find an expert teacher, isn’t it? You do not want to avail the services of a novice individual to help you out, but a professional person can provide you the vital tips and most importantly guide you efficiently. Similarly, when it comes to investing in the stock market for the first time, you require a knowledgeable advice to attain your financial goals and get profitable returns.

If you are a beginner, then it is quite obvious that you may be having no information about the process of buying the right shares in the market. In such a situation, getting the right tips from an experienced financial advisor or a registered advisory company will truly prove to be a great blessing in disguise. However, there are some of the important things that have to be kept in mind while choosing the top stock market advisory company, which are as follows:

How much assistance do you actually require?

Before you make up your mind to hire an advisor, it is imperative that you must first decide about the kind of service you require from them. You may need their help at the beginning or during the time of any issues. This is because an advisor has to formulate a map according to your requirements. Hence, it is suggested to ascertain your needs first and then take further action.

Choose a top ranked advisory company

It is a very important point that has to be taken into the consideration. Availing services of the well known advisory company or a financial advisor is an absolute necessity. Make it a point to carry out a proper background or research work about the company. Check out their credentials, reputation, experience, etc before hiring them.

Asking for a sample financial plan initially makes sense

When hiring a financial advisor, then do not forget to ask for sample plan first. It is imperative to note that there is no such thing called the perfect plan. A sample plan will help you to determine whether an advisory company is actually making sense according your requirements or not.

Conclusion

The financial planners or advisory companies can really turn out to be the greatest asset for you if you choose the best one. They are just like the professional sailors who can help you out to sail through stock investment related problems quite efficiently.

Deepak is a financial advisor who likes to provide quality tips to the people facing any issues with regard to investing in the stock market. He likes to keep himself updated about the stock market by reading articles, news and blogs, etc.

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