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

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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.

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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.

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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.

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3) Other Ways

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

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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

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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.

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