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Posted by matt peperman | Jan 11, 2019 |
Despite the common misconception, currency is not stored in cryptocurrency wallets. Cryptocurrencies are stored in blockchain account ledgers. Most ledgers are public (anyone can view them), but some are private. The ledgers are...
Read MorePosted by junryan | Oct 8, 2018 |
The underlying technology used to secure cryptocurrency is a highly effective military-grade encryption. This makes the technology itself very safe and secure. However, the actual usage of cryptocurrency, such as buying,...
Read MorePosted by junryan | Oct 8, 2018 |
The safety of cryptocurrency wallets is dependent on many factors, but the most important factors are the wallet type that is chosen, and how well the wallet user follows standard security precautions for that particular wallet....
Read MorePosted by junryan | Oct 8, 2018 |
Yes, cryptocurrency can be hacked. Cryptocurrency is only as safe as the security precautions that the user and exchanges implement. Users need to be careful in securing their private keys and wallets. It also depends on the...
Read MorePosted by junryan | Oct 8, 2018 |
In cryptocurrency terminology, the closest thing to a stock “split” would be called a “fork”. Given this slight change in meaning, yes, cryptocurrency can split (i.e. forked). A split usually occurs when...
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