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What is 51% Attack in Cryptocurrency?

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A 51% Attack in the Cryptocurrency world occurs when more than half the computer power or mining hash rate on a network is run by a single person or a group of people, then a 51% Attack is in operation. This means that this persons has full control of the network and can negatively affect a cryptocurrency by taking over mining operations, stopping or changing transactions.

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Bloomberg says that Bitcoin Price will Reach 20,000$ in 2020

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According to Bloomberg, Bitcoin will approach the record high of about $20,000 this year if it follows 2016’s trend. Bitcoin is mirroring the year 2016 return to its previous peak. That was the last time supply was halved, and the third year after a significant peak. By the end of 2016 the crypto about matched the 2013 peak. Fast forward…
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What is Block Explorer in Cryptocurrency?

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Block Explorer is an online tool for exploring the blockchain of a cryptocurrency, where you can watch and follow in real time all the transactions happening on the blockchain. Block explorers can serve as blockchain analysis and provide information such as total network hash rate, coin supply, transaction growth and more data.
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What is Initial Coin Offering (ICO) in Cryptocurrencies?

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ICO (Initial Coin Offering), is a crowdfunding model aimed at raising funds for the technical development of the project to create a cryptocurrency. It means that the cryptocurrency that is going to be release is traditionally sold before the actual release. By this way, the project finances its further technical development and promotion. Check out our complete ICO List, Stats,…

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