G7finance.com - Crypto Currency Updates logo G7finance.com - Crypto Currency Updates logo

Blog Posts

Cryptocurrency news

Bitcoin, Ethereum and Litecoin news

What can you buy using Bitcoin and Digital currencies?

What can you buy using Bitcoin and Digital currencies?

Bitcoin and and other crypto currencies have seen an explosion in terms of the number of merchants that accept them. You can almost buy anything you want now with Bitcoin. One useful location is Bitscan and another is the openstreetmap databasewhere Companies can tag their locations...

2019-07-07 11:43:26
What happens to a Bitcoin transaction?

What happens to a Bitcoin transaction?

A transaction first has to be verified by the network. It is gradually passed round the network and each full node checks to see whether, subject to certain criteria, it is a valid transaction. When the transaction is verified it is then placed in a transaction pool. At this point th...

2019-07-07 11:42:46
Bitcoin Transactions – Scriptsig and Scriptpubkey – locking and unlocking a transaction?

Bitcoin Transactions – Scriptsig and Scriptpubkey – locking and unlocking a transaction?

The Scriptpubkey is the puzzle set to a transaction in order for it to be solved and the script sig is the solution to the puzzle that allows it to be spent. Historically the Scriptpubkey was named so as it contained the public key or address to be spent from – i.e. the address the...

2019-07-07 11:42:13
Is the Bitcoin Blockchain too big?

Is the Bitcoin Blockchain too big?

One of the major criticisms on Bitcoin and crypto currencies is the ability for the blockchainto scale and compete with volume offered by traditional money systems. The Bitcoin network handles a transaction once every two to three seconds, which when compared to established money...

2019-07-07 11:41:41
Tutellus is the first decentralized and tokenized educational platform that pays users for learning, based on the NEM Blockchain!

Tutellus is the first decentralized and tokenized educational platform that pays users for learning, based on the NEM Blockchain!

Part 1 - The problem While there is a tendency in associating the blockchain with risky yet potentially high-return investments, the distinctive traits of this technology can be used to radically transform society in many ways. Beyond the price action lays a chance to empower the common people...

2019-07-07 11:41:10
How does a Bitcoin transaction work?

How does a Bitcoin transaction work?

The first thing to understand is that Bitcoins or crypto currencies don’t actually exist. Get your head around that – the only thing that exists is a record of their transactions - essentially a form of debit and credit– they are completely intangible. This isn...

2019-07-07 11:40:36
NEO - An Open Network For Smart Economy

NEO - An Open Network For Smart Economy

What is NEO? NEO is a cryptocurrency that has greatly gained in both popularity and value over the past year. Like most cryptocurrencies, this one runs on a blockchain, but has some key differences from the masses. One of these differences, the use of GAS in the blockchain, has caused a bit of...

2019-07-07 11:39:01
What is TrueUSD (TUSD) and how to use it

What is TrueUSD (TUSD) and how to use it

One of the most sought-after outcomes for Bitcoin and other cryptocurrencies is the possibility of replacing fiat currencies and being used globally for day-to-day transactions and international transfers. While some say this will never happen, others believe it to be inevitable. While we don&r...

2019-07-07 11:38:30
Why Using a VPN is Important for Crypto

Why Using a VPN is Important for Crypto

As exchange hacks, crypto thefts and phishing become increasingly common, safely buying and transacting with cryptoassets online has never been more important. One powerful lesson in the need for a robust online security strategy comes from BitGo Lead Engineer Sean Coonce who revealedthat...

2019-07-07 11:37:50
What Are Smart Contracts?

What Are Smart Contracts?

Smart contracts are computer programs which contain scripts that are automatically executed when the requirements of a particular set of conditions have been met. In a nutshell, smart ‘contracts’ are just lines of code. Prominent legal scholar and computer scientist, Nick Szabo first us...

2019-07-07 11:37:17
What is the Noah Project?

What is the Noah Project?

When cryptocurrencies came to the market, businesses and entrepreneurs discovered a wide range of new opportunities. Blockchain provides such benefits as the facilitation of value transfers without any intermediaries, which significantly reduces the transactions fees; transfer of money in a...

2019-07-07 11:36:44
What Is the Social Wallet ICO?

What Is the Social Wallet ICO?

This is a sponsored guide and does not represent investment advice from CryptoCompare. Please do your due diligence when dealing with any Initial Coin Offering and never invest more than what you can afford to lose. What Is Social Wallet? Social Wallet is a first of its kind platform designed to e...

2019-07-07 11:36:11
What is Crazy Shapes?

What is Crazy Shapes?

This is a sponsored guide and does not represent investment advice from CryptoCompare. Please do your due diligence when dealing with any Initial Coin Offering and never invest more than what you can afford to lose. What is Crazy Shapes? Introducing the New World of Crazy Shapes - a whol...

2019-07-07 11:35:11
An introduction to LAToken - a tokenization protocol and platform for trading real assets in crypto

An introduction to LAToken - a tokenization protocol and platform for trading real assets in crypto

This is a sponsored guide and does not represent investment advice from G7finance. Please do your due diligence when dealing with any Initial Coin Offering and never invest more than what you can afford to lose. An introduction to LAToken Blockchain technology has already revolutionized many indus...

2019-07-07 11:34:03
What is Gimli?

What is Gimli?

This is a sponsored guide and does not represent investment advice from CryptoCompare. Please do your due diligence when dealing with any Initial Coin Offering and never invest more than what you can afford to lose. Introduction to Live eSports The online streaming industry has grown significantly...

2019-07-07 11:33:21
What is Monaize - Disruptive e-Banking Platform

What is Monaize - Disruptive e-Banking Platform

This is a sponsored guide and does not represent investment advice from G7finance. Please do your due diligence when dealing with any Initial Coin Offering and never invest more than what you can afford to lose. Freelance and shared economy platforms have changed the way freelancers work, providing...

2019-07-07 11:32:26
What is Magos

What is Magos

This is a sponsored guide and does not represent investment advice from G7finance. Please do your due diligence when dealing with any Initial Coin Offering and never invest more than what you can afford to lose. Introduction The concept of “Wisdom of the crowds” is based on the notion...

2019-07-07 11:31:31
How to Earn Bitcoin Uploading Images

How to Earn Bitcoin Uploading Images

There are some free image hosting options online. However, not all of them are the same. Some of these services take this a step further and not only allow you to host images for free, they will also pay you Bitcoin for doing so! The profits you make will depend on the amount of people that view the...

2019-07-07 11:30:46
How to earn Bitcoins with Twitter

How to earn Bitcoins with Twitter

Getting your first coins can be hard if you don't have money to invest. Although there are faucets that allow you to earn Bitcoin with no investment required, these give a very small payout compared to the amount of time and effort you must invest in them. However, if you are popular on social...

2019-07-07 11:30:07
What is SegWit?

What is SegWit?

We have already covered the Block size limit and the debate that has been revolving around this issue for years - Read more here. We have also covered one of the scaling solutions that has been put forward, Bitcoin Unlimited. Now it’s time to talk about SegWit, the scaling solution p...

2019-07-07 11:22:09
How to get paid in Bitcoin

How to get paid in Bitcoin

When acquiring Bitcoin, most users resort to the most simple method available: They buy Bitcoin from an exchange, broker, or seller. Tech-savvy users may resort to mining, although this is becoming an increasingly industrialized practice. However, the third method and maybe the least popular, would...

2019-07-07 11:21:35
What is the Komodo Platform

What is the Komodo Platform

The Komodo Platform is a cryptocurrency project that focuses on providing anonymity through zero knowledge proofs and security through a novel Delayed Proof of Work (dPoW) protocol. The Komodo Platform was forked from Zcash by the SuperNET team and it is the evolut...

2019-07-07 11:20:21
What is Augur (REP)?

What is Augur (REP)?

What is Augur? Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from th...

2019-07-07 11:17:42
What is a Crypto Currency?

What is a Crypto Currency?

A crypto currency is a digital currency based on cryptography. Cryptography is the process of hiding information to communicate securely and comes from the Greek meaning hidden writing.   Examples of cryptography in history are the ciphers used by Caesar to communicate and the Enigma machine....

2019-07-07 11:17:02
What and how do Bitcoin charts work?

What and how do Bitcoin charts work?

As with any tradable asset there are prices and markets which change according to sentiment or fundamental shifts in the assets core use. With Bitcoin, or crypto currencies, perhaps the most important fundamental change is how Governments treat it, through tax and through regulation. Chart...

2019-07-07 11:16:37

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer