DOGE Coin

About the Project:

DogeCoin was founded in the year 2013 by some software engineers. Doge coin is based on the famous internet meme of Doge. The Doge meme consists of a dog which is of type Shiba Inu.

Creators of this Dogecoin digital currency are as follows

• Billy Markus from USA
• Jackson Palmer from  Australia

DogeCoin Logo

Ticker Symbol for DogeCoin in exchange platforms is "DOGE"

Some Facts of DOGE:

• It was intended to a fun act of creating a Cryptocurrency out a popular meme.
• After Doge went live online, millions of users visited and researched about it within a short period of time.
• Doge was considered to be as Internet Currency.
• In December-2013 Doge coins were stolen from a wallet provider and millions of coins were lost from numerous users. This caused a negative impact and people of internet & community of Dogecoin banded together and started donating money to make up for the stolen doge coins. 
• Doge coin was forked from LITECOIN - LTC

Since it has been forked from LTC, the Proof of Work(PoW) Algorithm will be "Scrypt" (same as that of LTC). Each new block will take around 1 minute for getting validated on the network of doge transactions.

The total market supply of Dogecoins is unlimited. There exists no limit or capped amount at which new doges are not produced anymore. Doge can be used for rewarding the users who share the content you like on Reddit or Twitter Platforms.

Elon Musk Tweeted (Yes, you read it correct, its really Elon Musk) about Dogecoin which created a huge hype its market and made the price of doge to spike up to its all time high value. Users of social media platforms like, Twitter, Reddit and TikTok started trending about DogeCoin in order to make it value to raise above the 1$ (USD) mark.

Here is a Live Chart of Trading rates for Buying and Selling DOGE:

DOGE-USD Rates by TradingView

Go to Next Post - Bitcoin Cash & Bitcoin Gold

Go to Previous Post - Movie Bloc - MBL

Movie Bloc - MBL

About the Project:

MovieBloc is a entertainment project which aims to decentralize the Theatre and Home Screening of movies and other entertainment based video content.

Moviebloc was founded in the year 2019 and relatively new addition into the market when compared to other popular and dominating ALT Coins.

MovieBloc Logo

Key Facts:

• Ticker Symbol of Movie Bloc is "MBL"

• Moviebloc is a Korean Project

• Over 100 movies have been screened on MovieBloc platform and anyone can watch all the movies or serials for free on the open source Moviebloc.

• MBL works on top of a decentralized Blockchain

Content creators will get revenue and share from MBL. Contributors who volunteer to improve the platform will also get rewarded. This includes adding subtitles, correcting the metadata of content or promoting & marketing etc...

Many analysts believe MBL has good potential in market because of its new age project. Many OTT or Content Streaming Services have been coming along since the last 2 years. These platforms have witnessed extreme business and great customer satisfaction and convenience had been given as feedback.

Based on the trends & data of OTT legends like Netflix and Amazon Prime Video, I personally feel that MovieBloc will do great in the next 5 years if the project receives more content globally from various countries. 

You can visit the free MovieBloc Streaming service here

MBL can be traded as well in the Crypto Market. As of now, the coin has very little market value.

Here is a Live Chart of Trading rates for Buying and Selling MBL: 

MBL-USDT Rates by TradingView

Go to Next Post - DOGE Coin

Go to Previous Post - Stellar Lumens - XLM

LiteCoin - LTC

LiteCoin is aimed to be a true alternative to the BitCoin. Litecoin was initially released via Github in 2011, which makes it one of the oldest ALT Coins available in Crypto Markets.

Litecoin and Bitcoin are almost similar and they both have very slight differences:

1. Proof of Work(PoW) Algorithm is different for these. In BTC, SHA 256 Algorithm is used, whereas in Litecoin, a memory-hard function named  "Scrypt" is used as validation for Proof of Work.
2. Litecoin transactions are processed much faster than Bitcoin. It takes around 2 minutes & 30 seconds for generating a new block for Litecoin. In the case of BTC, the average time required to add a new block into the Blockchain is around 10 Minutes.

LiteCoin Logo

Ticker Symbol for Lite Coin is LTC in Crypto Trading Markets.

LTC enjoyed its all time peak price during the period December-2017 to January-2018. Looking at the current trend, in the coming months it might reach a new all time high (not an advice, just an estimated forecast).

Here is a Live Chart of Trading rates for Buying and Selling LTC:

LTC-USD Rates by TradingView

Go to Next Post - ATOM - Cosmos

Go to Previous Post - Tron - TRX

Tron - TRX

Tron is a Cryptocurrency whose main goal is to provide a decentralized Operating System that is Open Source and runs on top of a Blockchain.

Tron was founded by Justin Sun. He also acquired the Bittorrent company.

Tron Logo

Ticker Symbol for Tron is "TRX " in Crypto Market Trading Platforms.

• Tron is the most popular blockchain for building Dapps (Decentralized Apps)

• Upon Tron's blockchain, there are many other ALT Coins and Tokens running on top of it. Bittorrent Token is a famous example of it.

• TRX witnessed its all time high Price in January - 2018

• Tron focuses primarily on the domain of Content Sharing & Entertainment.

Decentralized Streaming Services like DLive and other Dapp Stores / Music sites make use of Tron's Blockchain.

Here is a Live Chart of Trading rates for Buying and Selling TRX:

TRX-USD Rates by TradingView

Go to Next Post - LiteCoin - LTC

Go to Previous Post - Tether - USDT

Tether - USDT

Tether is extensively used in Crypto markets as an alternative for US Dollar. All the Trading Platforms would facilitate the exchange market with Tether Pairing along with Bitcoin Pairings.

Tether is originally designed to be always equal to 1$ (USD). Therefore, Tether is obviously a Stable Coin.

Ticker Symbol in Market for Tether is "USDT" (stands for US Dollar Tether).

It successfully managed its price balanced on par with 1USD always (with insignificant and negligible fluctuations in price).

Tether was developed by Tether Limited Company and it had faced many legal issues by US Government due to various reasons.

You can see the Live Chart for Tether maintaining a constant value fixed to the price of USD:

USDT-USD Rates by TradingView

Go to Next Post - Tron - TRX

Go to Previous Post - Ripple - XRP

Ripple - XRP

Ripple is another old and well known prevailing ALT Coin. It is intended for designing a settlement system with the help of a Blockchain.

Ripple uses Distributed and Open source networks just like all other Cryptocurrencies. However Ripple is different from the norm in its protocol. Ripple is a Payment Protocol.

Ticker Symbol in Trading Market for Ripple is XRP

Though Ripple entered into the market in 2013, its price had been maintained at rock bottom for more than 4 years until it saw an all time peak of 1XRP=3$+ in January - 2018

This is the Live Chart for Trading Pair of XRP and USD in Crypto Market:

XRP-USD Rates by TradingView

Go to Next Post - Tether - USDT

Go to Previous Post - DASH Coin - Digital Cash

DASH - Digital Cash

Dash is one of the oldest Cryptocurrencies that came into existence after the Bitcoin. DASH coin has some history associated with it.

In 2014, a man named Evan Duffield introduced a new coin with name "XCoin". This Xcoin is forked from BTC and follows the Bitcoin Protocol.

Later, it was named as "DarkCoin" because of the fact that it had been used extensively in the dark net's anonymous market transactions.

Finally in 2015, It was again renamed to "DASH" and settled as an ALT Coin in the Crypto Trade market.

Dash Coin Logo

Dash Stands for  Digital Cash

Ticker Symbol for Digital Cash Coin is "DASH" itself.

Dash coin reached its all time high price in March - 2017 as of now.

Here is a Live Chart for Crypto Market Exchange rate of DASH - USD:

DASH-USD Rates by TradingView

Go to Next Post - Ripple - XRP

Go to Previous Post - Ethereum / ETH

Ethereum - ETH

Ethereum is introduced practically in the year 2015 and has been used extensively by crypto traders. It is the 2nd most widely accepted and used Cryptocurrency after Bitcoin.

Unlike Bitcoin, Ethereum enables to run derivatives on top of its Blockchain.

Ethereum stands well above other ALT Coins in terms of market price.

Icon for ETHEREUM

In 2016, Ethereum community decided to hard fork into a new derivative due to a flaw in implementation. The original ethereum blockchain continued to grow by the name Ethereum Classic.

Ticker Symbol for Ethereum is ETH

ETH is available for buying or selling in almost all the trading platforms of crypto. Good number of coin pairs are also available for exchanging with ETH.

Here is a live chart of market price for trading Ethereum & USD: 

ETH-USD Rates by TradingView

Go to Next Post - DASH Coin / Digital Cash

Go to Previous Post - Trading with Cryptocurrencies

Trading with Cryptocurrencies. Top Trading Platforms for Bitcoins & ALT Coins

Do you want to know about the methods to start earning passive income through Cryptocurrency ?

Do you want to exchange your Bitcoins into rising ALT Coins or Stable Coins ?

Or do you simply want to buy some crypto with normal FIAT currency? 

Your answer for all the above questions is same - Trading Platforms for Crypto !

There are many coin exchange platforms that have been introduced since the roar of BTC Price in recent years. We can sign up to those websites free of cost and start investing or exchanging between the numerous coin pairs in the market.

NOTE: This is not Financial Advice. This is just for the purpose providing information !!

The following are some good Crypto Trading Platforms:

 1) Binance

• Binance is almost unanimously the most used and top rated trading platform available as of now.
• Binance has its own coin offering BNB
• Huge number of binance users contribute to good circulating supply in all coins.
• Staking is available and on some coins/tokens.

Visit Website - https://www.binance.com/en

2) MXC

• Mxc is also widely used (not as popular as Binance though).
• This website offers some rare and newly introduced coins for trading.
• Provides good Graphical User Interface for Visualization of graphs and market trends. 
• Staking available for some coins/tokens.

Visit Website - https://www.mxc.com/

3) CoinBase

• If you are beginner and you only want to start it simple with only the popular coins, then Coinbase might suit you. 
• Limited and only wide known coins are offered for exchanging. 
• Simple Interface. Mobile app available.
• Advanced traders would not use coinbase much.

Visit Website - https://www.coinbase.com/

4) WazirX (Especially for India)

• WazirX is a great platform for Indian users because it offers trading in INR directly. Conversion charges can be avoided for Indian users. 
• WazirX is a part of Binance and can transfer your assets between these two.
• Staking not available.

Visit Website - https://wazirx.com/

Go to Next Post - Ethereum - ETH

Go to Previous Post - How to Earn Money with BTC & Crypto ?

What is BitCoin ? Everything You Need To Know About BitCoins

BITCOIN -The origin of a new era in Digital Currency / CryptoCurrency !

Bitcoins are a form of virtual currency or CryptoCurrency which possess a high market value as of now. This is a new form of exchange transactions without the necessity of physical coins or notes. Everything is virtual and decentralized.

Unlike normal FIAT currency, we don't need a mediator or governing authority (like bank) for approving the transactions. Instead, all the bitcoin transactions are validated by Miners and every transaction details are stored in a distributed ledger called BlockChain.

This concept was first proposed and implemented by the mysterious Satoshi Nakamoto. (Know more about Satoshi Nakamoto here)

Bitcoin Logo (Source : Wikipedia)

This Blockchain ledger is distributed / decentralized, in the sense : anyone on the internet can look up the ledger and its transactions at any time. This blockchain is stored in many computers (called Nodes in Bitcoin jargon) and it is fault tolerant with the help of an efficient consensus protocol.

New Bitcoins are generated through a process called Mining.

Bitcoins can be used for online transactions and Trading. In recent times, many people have been earning passive income with bitcoins and it has become quite lucrative ! 

Go to next post - What is Bitcoin Mining ?

Go to previous post - Who is Satoshi Nakamoto ?

Stellar - XLM (Stellar Lumens)

Network of Stellar was introduced in 2015. Over 4 billion transactions generated by almost 4 million person users have been recorded ever since. Stellar was selected by major corporations and businesses as tiny as solitary startups to transfer capital and increase brand awareness.

Everything is kept in harmony by a special application named the Stellar Consensus Protocol (SCP). There are several methods to get acceptance in a decentralized framework. The groundbreaking proof-of-work technique of Bitcoin was the first and has always been the most popular.

Yet proof-of-work provided time for feedback, just like several other initial versions. While being customizable, quick, and extremely efficient in performance, SCP aims to be greater & better.

Stellar Logo

Ticker Symbol for Stellar in Crypto Markets is "XLM"

Stellar Lumens are not created or rewarded by that of the algorithm throughout time, unlike the other ALT Coins of many other Blockchain systems. Rather, once the Stellar network came online, 100 billion lumens have been produced, and for the first Five years of Stellar's life, the quantity of lumens actually raised by One percent per annum, through its in built model.

Here is a Live Chart of Trading rates for Buying and Selling XLM:

XLM-USD Rates by TradingView

Go to Next Post - Movie Bloc -MBL

Go to Previous Post - Cosmos - ATOM

How to Earn Money with Cryptocurrency & Bitcoins

Earning money with Bitcoins and ALT Coins has become quite popular in recent years and many people are making significant amount of passive income thorough this field.

The following are the ways you can earn some income using Cyrptocurrencies.

---

1) Trading

Trading is the most popular way to earn money using Cryptocurrency. There are many exchange platforms where you can buy or sell coins with FIAT currency or exchange directly with other crypto coins or tokens.

See this Post for detailed overview of these Trading Platforms

NOTE : This is not any financial or Trading advice, This is just for informative purpose.

---

2) Mining 

Through Mining, we can directly earn coins without any trading platform. If a miner validates any block successfully, then the reward of that block is paid to the miner. then that can be exchanged into normal FIAT currency or it can be loaded to any trading platform for exchanging to other coins.

Mining can be of 2 types:

Individual Mining - A sole person or any individual will mine in their house with a simple mining rig or a Graphics Processing hardware and tries to validate the blocks of respective Blockchains.

This is very inefficient because it is highly impossible to mine a block with such little computation processing power.

Mining Pools - Many Individual miners/users combine together and form a pool and try to find the value of SHA 256 Hash that falls below the target.

Mining pool services are offered by some websites. Users can sign up and start mining. The work will be distributed among all the individual miners.

If someone in the pool finds the required hash meaning that the block has been mined successfully, then the reward will be split to all users in the pool prportionately to the processing power they contributed to the pool.

---

3) Other Ways

• Giveaways by newly introduced coins or token projects
• Offers on trading Platforms as loyalty reward programs

---

Go to Next Post - Trading with Cryptocurrency & BTC

Go to Previous Post - SHA 256 Algorithm in BTC Mining

Cosmos - ATOM

Cosmos is a Cryptocurrency project which: in kind of a broad sense, Cosmos declares itself a campaign that tackles several of the Cryptocurrency sector's "greatest challenges." It seeks to bring a remedy to "slow, costly, collaboratively to achieve and energy intensive" proof-of-work protocols, such as those used by Bitcoin, by providing an ecosphere of linked blockchains.

Due to a flexible architecture that is going to be made distributed applications, the proposal's of Cosmos other aims are creating Blockchain Technology less confusing and less hard for programmers. Next, a standard for Interblockchain communication allows it simpler for blockchain systems to interact with one another, avoiding market splitting.

Cosmos Logo

Cosmos is considered to be "Blockchain 3.0"

Ticker Symbol for Cosmos in Crypto markets is "ATOM"

ATOM coins were related by Cosmos to that same ASICs which have been used by miners for Mining the Bitcoins. This is a bit of virtualized hardware or financial powerhouse that we should acquire in opportunity to involve as a holder in the network," like a scientific piece of paper published by the Tendermint online community.

Here is a Live Chart of Trading rates for Buying and Selling ATOM:

ATOM-USD Rates by TradingView

Go to Next Post - Stellar Lumens - XLM

Go to Previous Post - LiteCoin - LTC

SHA 256 Algorithm usage in Bitcoin Mining

SHA stands for Secure Hash Algorithm. 256 represents the number of bits of size in memory occupied by a hash generated by SHA 256 Algorithm.

SHA 256 is a hash function in Cryptography field that is used in Mining of Bitcoins.

The output of hash function will be a sting of 64 characters long. All the characters are hexadecimal.

Not only in Cryptocurrency field, SHA 256 can be used in many other use cases for uniquely identifying any document or file  or any text.

The hash value will be same for same files or same text every time we use them.

5 Attributes of Secure Hash Algorithm:

One Way - Using the output Hash, we couldn't generate the original text.

Deterministic - Same hash should be generated for same original text everytime.

Fast Computation - Hash should be generated very swiftly without time delay

Avalance Effect - Even the slightest change in original input text should result in drastic change in output hash.

Must Withstand Collisions - Same hash should not be generated for two different inputs.

Go to Next Post - How to Earn Money with Cryptocurrency

Go to Previous Post - Consensus Protocol for Cryptocurrency 

Consensus Protocol for Blockchains in Cryptocurrency

Blockchain of every Cryptocurrency should be distributed in nature with the help of a consensus protocol. Even though it is distributed across thousands of computers all over the world, a Blockchain is immutable.

If an attacker tries to change the data of any existing block in the ledger, then that block's "hash" value (generated by SHA 256 Algorithm) will change. Then, this new hash will not match with the next block's "previous hash" field. So, now the attacker needs to change this block also and this process will continue till all the subsequent blocks are manipulated successfully. 

Even if the attacker successfully changed the data of blockchain, since there are thousands of copies of original blockchian around the internet, this fake blockchain will not be valid because of the Majority Rule.

Majority Rule - Whichever copy is found more number of times, then that copy of blockchain is considered to be original and valid.

So, the attacker can't achieve anything by simply modifying one or two copies of blockchain, atleast 51% of copies of blockchains needs to be modified simultaneously with same fake data all over the world. Then only the hackers can corrupt the blockchain. But this task can be considered as impossible in real world practicality. 

Consider these 2 Scenarios:

Scenario - 1:

If an attacker adds a block exactly after the current last block in Blockchain.

If attacker entered fake/malicious transactions in the block and mined it successfully, then this block will not be added to chain because before adding any block to the chain, a series of checks are performed for validating the block.

More than 20 checks are performed on each new block before adding and copying it to all the blockchains in the distributed network.

Scenario - 2:

What if 2 blocks are mined exactly at the same time and both are valid blocks.

In this case, both the blocks are copied to the copies of blockchains which are geographically nearer in the network. So one block is copied into its nearest blockchains and other block is added to its nearest copies of blockchains. This means 2 versions of Blockchains will exist and both of the versions are Valid and original. 

Both the  versions of chains will wait for the next new block to be mined and whichever version gets the new block then it is copied all over the distributed network. So, the longest chain will be valid and the previous block in the other version will be cancelled. Those transactions needs to be validated again in a new block and it has to be mined again.

Go to Next Post - SHA 256 Algorithm

Go to Previous Post - What is Cryptography and its usage in Cryptocurrency ?

What is Cryptography and its usage for Cryptocurrency ?

Cryptography is the science of keeping data secure from unwanted or untrusted entities. Main goal of cryptography is to make a public open channel into a virtual secure channel such that it satisfies the following 3 properties:

1. Privacy
2. Authenticity
3. Integrity

Cryptographic mechanisms can vaguely be divided into two types: 

1. Symmetric Key Cryptography
2. Asymmetric Key Cryptography.

In Cryptocurrencies, Asymmetric Key Cryptography is used. So, we will try to understand that in this post.
Asymmetrical cryptography follows Public Key Mechanism meaning that - one key is publicly displayed and it is sharable to anyone. However the Private key should be kept secret. (Know more about private keys and how to store securely in this article)

Some attributes of Asymmetric Key Cryptography:

• Public Key Cryptography
• One key will be in public domain and the other will be Private
• Different Keys are present on both Parties (sender and receiver)
• No need of prior key agreement
• Computationally a little bit heavier.

In Blockchain, all the blocks are linked cryptographically. For every block, a hash is generated using SHA 256 Algorithm. Then, that hash is stored in that block and copied to next new block as well. In this way every block will contain two hashes : one is its own hash and other one is that of previous block.

Go to Next Post - Consensus Protocol for Blockchain

Go to Previous Post - Technologies behind BTC & Cryptocurrency

Technologies behind Bitcoin and Cryptocurrency

There are many concepts that enable the successful working of Bitcoin and Alt Coins over the years. The following are fundamental technologies that contribute to Cryptocurrency domain.

1) BlockChain

Blockchain acts a record of ledger for all the transactions in the network. Think of a Blockchain as a database for storing all of the transactions occurred and will occur in the future.

Know more about the Blockchain technology in this post

2) Cryptography

Cryptography deals with the security aspects in the networking domain. It aims to protect the data that is being communicating over the network (generally Internet) so that, no outsider can understand the data except for the intended receiver. Cryptography is a demanding field in Computer Science.

Know more about Cryptography in this article...

3) Distributed / Decentralized

In every cryptocurrency, the underlying blockchain is distributed. It means the same blockchain is copied and distributed to many computers all over the globe. All of the Blockchains have same data. If anyone tries to change data then it will be detected because there are several copies of blockchain and we can know which is the valid blockchain.

Know more about this Consensus Protocol here

4) Peer 2 Peer

A Peer 2 Peer (also known as P2P) is decentralized application architecture in which all the users can interact or perform the required use case directly with each other. There will be no governing authority that facilitates the interaction or provides the approval. The users in the P2P network will have the full rights. Main aim is to avoid the mediator / intermediate authority or any 3rd party.

Examples are uTorrent, Bittorrent, Bitcoin Transactions...etc.

5) SHA 256 Algorithm

• S - Secure
• H- Hash
• A - Algorithm

SHA 256 is a Cryptographic Hash Function that converts any given input into a string of 64 random Hexa-Decimal characters. These 64 characters take 256 bits of size to store in memory. Hence, the name SHA 256.

Know more about the SHA 256 Algorithm here

Go to Next Post - What is Cryptography? Its usage in Cryptocurrency

Go to Previous Post - What are Stable Coins ?

What are Stable Coins in Cryptocurrency ?

Stable Coins - Aims to Keep their Value Stable

Stable coins are a class of Cryptocurrencies whose goal is to keep the price or market value of exchange rate as stable as possible. The implementors of stable coins achieve this by fixing the price of a stable coin to an external factor like Price of Dollar or Price of Gold etc.

Cryptocurrency markets are highly volatile and the values of any coin may crash and sink to bottom or the value may increase and sky-rocket up to the moon. The market is unpredictable.

So, there is a need for a fixed value coins that don't undergo these type of unpredictable changes. Stable coins came into existence to fulfill this need.

Bitcoin is not a stable coin !!

Each Stable coin has its own Blockchain and all the transactions of that respective coin will get recorded in that Decentralized ledger.

Some of the popular & widely used Stable coins:

1) Tether
2) Paxos Standard Token
3) DAI
4) USD Coin
5) True USD
6) Reserve

and many more... Detailed posts on each of the stable coins will be updated soon... bookmark this page or remember this site (jvermaDLL.blogspot.com) for insights on cryptocurrencies for beginners.

Go to Next Post - Technologies Behind Cryptocurrency

Go to Previous Post - What are ALT Coins ?

What are ALT Coins in Cryptocurrencies ?

ALT Coins (Alternative coins for Bitcoin)

After the establishment of Bitcoin, a new variety and numerous coins of Cryptocurrencies came into existence. These all have individual names but all of them are collectively called as Altcoins.

Alt coins are relatively much cheaper in value when compared to BTC. This provides good agility in trading markets so that investors can easily buy and sell coins in less amounts of value.

Altcoins - All coins other than Bitcoin

Each coin in altcoins will have its own Blockchain which acts as a ledger for storing all the transactions of that coin by all users.

There are currently more than 5000+ Cryptocurrencies / altcoins as of now !

Some popular and widely used Alt coins are:

(Click on the each Coin for detailed post on that coin...)

1) Ethereum

2) Tether

3) Ripple

4) Tron

5) Litecoin

6) Dash Coin

7) Bitcoin Cash

8) Atom

and many more... Detailed posts on each of the altcoins will be updated soon... bookmark this page or remember this site (jvermaDLL.blogspot.com) for insights on cryptocurrencies for beginners.

Go to Next Post - What are Stable Coins ?

Go to Previous Post - What are Bitcoin Wallets ?

List of Best Hardware Wallets for Storing Bitcoins / BTC / Cryptocurrency.

The following are some of the best Hardware wallets or Cold Wallets available for storing Bitcoins or any other Cryptocurrency (Also known as ALT Coins).

1) Ledger Nano X 

• Size - 72mm x 18.6mm x 11.75mm
• Weight - 34g
• Connector - USB Type-C
• Box Contents - 1 hardware wallet, 1 USB cable, 1 getting started leaflet, 3 recovery sheets, 1 keychain strap.

Visit Website : Ledger Nano X

2) Tezor

• Available in 2 models - Tezor One & Tezor Model T
• Good Customer Support. Simple and Intuitive GUI.
• Tezor model T comes with touch screen functionality.

Visit Website: Tezor

3) Cold Card

• Only for Bitcoins. Low Cost
• Bright, 128x64 pixel OLED screen.
• Full-sized numeric keypad makes entering PIN easy and quick.

Visit Website: Cold Card

4) BitBox

• Supports more than 1000+ Cryptocurrencies
• OLED Display, Invisible Touch Sensors.
• USB type - C, Micro SD Card Back up.

Visit Website: BitBox

5) OPOLO

• Supports 120+ Popular coins
• Easy recovery process

Visit Website: Opolo

6) Cobo Vault

• 4-inch Touchscreen, Detachable Battery
• Self-Destruct Mechanism, Fingerprint Authentication

Visit Website : Cobo Vault

You might be interested in - List of Best Software Wallets 

Go to Post - What are ALT Coins ? 

Got to post - What are Crypto Wallets ?

What are Bitcoin Wallets ? How to Store Cryptocurrency in Digital Wallets ?

As you may have guessed already, Bitcoin wallets are storage locations for your Public and Private keys. These keys are the proof that you actually own the amount of Bitcoins that exist on the decentralised Blockchain of respective Cryptocurrency

Public Key is used if someone wants to send you BTC. You will provide your public address to the sender and then the sender sends the bitcoins to your address.

Private Key is used if you want to send your BTC to other person's address. NEVER REVEAL YOUR PRIVATE KEYS TO ANYONE !! As the name indicates, they are private and nobody should have access to your private keys except you.

If your private keys are compromised, then anyone can steal you bitcoins belonging to that address.

Bitcoin Wallets are specially designed to store your keys and only you can have access to them.

There are types of wallets for cryptocurrency :

Virtual Wallets / Software Wallets:

These type of crypto wallets are online. We can sign up for wallet providing services (websites or apps) and they will create a wallet for us. Although it is safe to use virtual crypto wallets, these are considered to be less secure when compared to Hardware wallets.

Check out the list of top Software Wallets available 

You will be given a sentence of 12 words which helps you to recover your access incase you forgot/lost your password or credentials.

Hardware Wallets:

These are dedicated physical devices which are designed to store Cryptographical Keys. Hardware Wallets have strong encryption mechanisms which ensure top level security for your keys.

Check out the list of best Hardware wallets available for purchasing

Hardware wallets typically come in the form of a pendrive shaped devices.

Hardware Wallets

Go to Next Post - What are ALT Coins ?

Go to Previous Post - What is Bitcoin Mining ?

List of Best Software Wallets for Bitcoin - Store BTC in Virtual Wallets.

The following are the most popular Software Wallets or Hot Wallets for storing Bitcoins securely.

1) Exodus

Best hot wallet for storing Cryptocurrencies. Available in both mobile and desktop versions.

Website : Visit Exodus

2) Coinbase

Another most popular Wallet available is coinbase

Website : Visit Coin Base

3) Trust Wallet

Trust wallet is also widely popular

Website : Visit Trust Wallet

4) Nexo Wallet

In nexo, we can stake some cryptocurrencies and interest can be earned. 

Website : Visit Nexo

These are just few in list and will be updating with complete list soon...

You might be interested in - List of Best Hardware Wallets

Go to Post - What are ALT Coins ?

Go to Post - What are Crypto Wallets for BTC ?