What is Bitcoin and its characteristics?

Introduction to Bitcoin

Bitcoin is an advanced form of currency used to buy things through online transactions. Bitcoin is not sensitive, it is fully controlled and made electronically. You need to be careful when contributing to bitcoin, as its value is constantly changing. Bitcoin is used to exchange currencies, services and products. Transactions are made through a computer wallet, so transactions are processed quickly. Any such transactions have always been irreversible, as the identity of the client is not disclosed. This factor makes it a bit difficult when deciding on Bitcoin transactions.

Characteristics of Bitcoin

Bitcoin is faster: Bitcoin has the ability to arrange installments faster than any other mode. Usually, when one transfers cash from one side of the world to another, it takes the bank a few days to complete the transaction, but in the case of bitcoins it only takes a few minutes. This is one of the reasons why people use bitcoin for various online transactions.

Bitcoin is easy to set up: Bitcoin transactions are made through the address owned by each customer. This address can be easily set up without going through any of the procedures that the bank performs when setting up a record. Creating an address can be done without any changes, credit checks or any requests. However, every customer who wants to contribute should always check the current value of bitcoin.

Bitcoin anonymous: Unlike banks, which keep a complete record of their customers ’transactions, Bitcoin does not. It does not track customer financial records, contact information or any other relevant information. A wallet in Bitcoin usually does not require any essential data to work. This characteristic evokes two points of view: first, people think it’s a good way to keep their data from third parties, and second, people think it can cause dangerous activities.

Bitcoin cannot be refused: When someone sends bitcoin to someone, there is usually no way to return the bitcoin unless the recipient feels the need to return them. This feature ensures that the transaction will be completed, which means that the beneficiary cannot claim that he has never received cash.

Bitcoin is decentralized: One of the main characteristics of bitcoin is that it is not under the control of a particular administration specialist. It is managed in such a way that every company, person and machine involved in the inspection of exchange and mining are part of the system. Even if part of the system fails, remittances continue.

Bitcoin is transparent: Although only the address is used for transactions, each Bitcoin exchange is recorded in a blockchain. So if at some point someone’s address was used, they can find out how much money is in the wallet through Blockchain records. There are ways you can increase the security of your wallets.

Cryptocurrency mining

Cryptocurrency mining is an endless game in this digital world. Bitcoin, the first decentralized currency, was introduced in early 2000. Cryptocurrency mining is a complex procedure of checking transactions and adding them to the public ledger (blockchain). This book of past transactions is called a blockchain because it is a chain of blocks. The blockchain serves to confirm transactions for the rest of the network. Blockchain is also responsible for issuing new bitcoins. Each of the many cryptocurrencies present depends on the basic idea of ​​the blockchain.

The mining process

Cryptocurrency had to be decentralized, secure and unchanging. Thus, each transaction is scrambled. Once this scrambled transaction occurs, it is added to what many call a “block” until a regulated number of transactions is recorded. This block is currently being added to a chain – a blockchain – that is accessible to all. During the extraction of cryptocurrencies Bitcoin, Dash, Litecoin, Zcash, Ethereum and more, the miner must collect recent cuts in blocks and crack a difficult puzzle. There are several online sites for bitcoin mining. This has become a very popular way of earning.

Cryptocurrency is cryptocurrency, meaning that it uses special encryption that allows you to control the generation of coins and confirm the transaction. The unit is pretty useless in its affordable form. However, after applying the algorithm to a specific block. When matching, the miner gets a couple of bitcoins. To obtain bitcoins through mining the miner must be technical. Mining bitcoins for profit is very competitive. The value of bitcoin makes it difficult to realize monetary income without speculation on the price. Payment depends on how much their equipment has contributed to solving this puzzle. Miner checks transactions, makes sure they are not fake, and maintains infrastructure.

The best coins for mining

Bitcoins are not a decent solution for novice miners who are making small-scale attempts. Current pre-speculation and maintenance costs, as well as serious scientific problems with the procedure, simply do not make it productive for buyer-level equipment. Currently, bitcoin mining is maintained for large-scale activities. Again, Litecoin, Dogecoin and Feathercoins are three digital forms of Scrypt-based money that are the best money saving advantage for students. According to current Litecoin estimates, a person can earn anywhere in the range of 50 pennies to $ 10 each day using customer-level mining equipment. Dogecoins and Feathercoins will bring slightly less benefits with similar mining equipment, but are becoming more famous every day. Peercoins can also be a reasonably fair income for your business time and life.

As more people join the surge in cryptocurrencies, your decision may become more difficult to mine, as more expensive equipment will be needed to search for coins. You will be forced to either make a vigorous contribution if you need to continue mining this coin, or you will need to withdraw your income and switch to a less demanding cryptocurrency. Understanding the top 3 bitcoin mining strategies is probably where you should start; this article is dedicated to the extraction of script coins. Likewise, make sure you are in a country where bitcoin and bitcoin mining are legal.

The purpose of mining

How about cryptocurrency mining. The whole focus of mining is doing three things:

1. Give accounting administrations to the monetary network. Mining is essentially every minute of daily PC accounting, which is called “transaction verification”.

2. Get a small reward for accounting administrations by taking fractions of coins every couple of days.

3. Reduce personal costs, including electricity and equipment.

Some basic conditions

A free private database called coin wallet. This is a password-protected container in which your earnings are stored and a large record of transactions is stored. A free mining software package, similar to this one from AMD, usually consists of cgminer and stratum. Enrollment in a web pool for mining, which is a community of miners who combine their PCs to increase profitability and wage stability. Sign up for an online money exchange where you can exchange your virtual coins for regular cash, and vice versa. Reliable constant web association, ideally 2 megabits per second or faster speed. Place the equipment in your basement or other cool air-conditioned room.

A custom work area or computer designed for mining. True, you can use your current PC to get started, but you won’t be able to use your PC while the excavator is running. A separate special PC is ideal. Tip: Do not use a laptop, game console or handheld device for mining. These devices are simply not successful enough to get paid. An ATI graphics processor (GPU) or specialized processing device called an ASIC chip for mining. Prices will range from $ 90 to $ 3,000 for a new GPU or ASIC chip. GPU or ASIC will be a workhorse for accounting and mining.

A home fan that blows your computer for cold air mining. Mining generates significant heat, and cooling equipment is critical to your well-being. Personal interest. You absolutely need a strong appetite for reading and continuous learning as there are continuous innovative changes and new methods are emerging to improve coin mining. The best coin miners are constantly considering the most ideal ways to set up and improve coin mining productivity.

Profitability of cryptocurrency mining Every time a mathematical question is understood, a constant amount of bitcoins is created. The number of bitcoins generated per block starts at 50 and halves every 210,000 blocks (about four years). The current number of bitcoins awarded per block is 12.5. The last halving of the tank took place in July 2016, and the next – in 2020. Estimates of profitability can be made using various online mining calculators. The development of digital currency standards, such as Bitcoin, Ethereum and Bitcoin Cash, has prompted huge enterprise ventures and this is necessary for substantial market development in the near future.

Cryptocurrency mining is an intensive process that requires a network of multiple PCs to verify a transaction record known as a blockchain. Excavators get a share of transaction costs and get a higher probability of finding another unit due to high computing power. These support transactions contribute to the security of network customers and guarantee honesty, which is considered a significant factor influencing the development of the global cryptocurrency mining market.

The role of customer service – why it is important for your business

Plan to get financial data:

Blockchain technology is commonly used in the financial sector, but they can change the number of industries and range from the Internet of Things (IoT), which supports healthcare, and from supply chains to arts and entertainment.

An expert on blockchain explains that technologies have a wide range from their use to a safe and effective way. To ensure data integrity, transparency, consistency and fairness for different types of transactions.

Ideas for existing business features:

We are the owner and manager of cryptoappfactory.com as well as Blockchain. We can improve the existing business system by using the idea of ​​creating a competitive advantage through more efficient accounting processes and solving the problems of potential customers.

We are ready to prove the second point, where the P2P platform for energy trade excludes the intermediary from the sale of renewable energy. And another Blockchain startup provides a platform that seamlessly exchanges data across supply chains. Investors seem to like startup solutions to everyday problems, awarding over a million Origin Trails and over a million Power Ledgers.


Ideas for creating a new model of services and products to run in your business, we support the concept of capital works for better blockchain service selection and business support.

We use cryptocurrency to get an alternative solution to a traditional financing project. In cryptocurrency, there are startups that use the amount of working capital on the label of direct investment, using token generation events. Fellows have a specific policy of maintaining and supporting the project in accordance with the legal services.

Get new customer service:

Blockchain technology has a cryptocurrency model that allows data to be transferred to an extended field in the market. Cryptocurrency has private and public investments to verify transaction recognition companies that also attract bitcoin and other online currencies. It helps maintain and embody in sales.

According to the blockchain tool, we have great media data to highlight and broadcast online through a small family business. PIVX has storage devices to get new customers and customers to get bitcoin easier and faster in payment modes.

Empowering cybersecurity:

We use half of the bitcoins to share with private data hacks, and half of the data to share with public data. In each company they have qualified experienced support to study business to the next level of approaches. Blockchain technology can be used to reduce the risk of data hacking.

Blockchain has improved its cybersecurity efforts, thanks to which we have the infrastructure, transparency, event tracking, cryptography and other security data exchange information systems.

Ensure Bitcoin privacy:

Privacy policy has several additional challenges in cybersecurity systems. It is important to keep an eye on specific consumers who buy bitcoin to protect your information online.

Bitcoin privacy is very important because even when performing your regulation your bitcoin data protection has many features that have stronger privacy laws. Blockchain can solve this problem by creating and protecting attention to consumer data to build transparency and trust between the consumer and brands. We offer sample data to share live ideas in the marketplace using a large platform. Blockchain developers have a great ability for users to share and store information about different entities.

Global problems with the use of cryptocurrency:

Finally, we have entrepreneurs who love to use blockchain technology to create other places that can be destroyed by natural disasters.

We have stated with Forbes who can share the capitalists made in the market using cryptocurrency, bitcoin and blockchain. We, the residents, have a panel for interaction and reconnection to get power, and we sell a Bitcoin wallet to local private or public businesses.

This blockchain is the easiest way to help the cryptocurrency platform the easiest way to respond. We offer bitcoin and other currencies in the market, making it easy to expand your business.

Feel insured

Often, opinions about the future social consequences of decentralized technology represent freshly differentiated images of somehow the highest methodologies that can be radically different from today’s. However, a decentralized record of centrally controlled operations can be a marked degradation of both technology capacity and development prospects. Without equivalent previous structural changes, the introduction of decentralized technologies into established industries that want to reinforce rather than improve the supply of services should be of great concern.

A well-known fact-based business school anecdote often repeats the case with one of the first life insurance requirements. Shortly after this type of policy became available, the owner of the life insurance policy did die during the action of his high-paying protection. When the family of the deceased tried to claim, the insurer wrote a new definition of how their company calculated “one year” to [successfully] avoid settlement.

Talking about laudable industrial ingenuity or defenseless profits will likely depend on whether it was conveyed in a lecture on strategy or ethics. However, with this in mind, we now turn to the introduction of blockchain technology in the insurance industry:

“Orlando, Florida – Blockchain technology has a future in employee compensation operations because the technology has the potential to improve communication and efficiency across the industry,” said the host of the annual National Compensation Insurance Council symposium. on Friday. Blockchain is a decentralized peer-to-peer network that gives insurers and stakeholders a way to “generate, store, manage and share data as secure transaction records,” said Paul Meissen, head of distributed book technology and director of financial reinsurance at Swiss Re and CEO of B3i. .

The “blockchain” consists of a distributed registry, a consensus that provides a “single version” of information, cryptography for secure and genuine transactions and smart contracts that are automatically executed under predetermined conditions, Mr Meissen said. In a traditional insurance system, there is an inefficient flow of information from the insurer to the insurer to the reinsurer in the capital market, he said. Mr Meeusen explained how technology works to improve efficiency rather than to collect and study data in individual systems.

“We work together, but we keep control of our data,” he said.

For compensation, employees blockchain can give stakeholders the opportunity to share personal and medical information, providing a secure place to store and access data. The technology will also test the coverage of computers across the blockchain platform, he said. Blockchain also allows for real-time messaging and confidential information sharing across the industry, he added. “There’s definitely an efficiency component here,” Mr Meisen said.

Blockchain can indeed offer a transparent, decentralized and unchanging record of digital data. Possible extensions that use automatically executed or intricately initiated “smart contract” events are also numerous. This is without a doubt. Although quality content may be something often either ignored or simply incorporated into the excitement of technology.

Repeating existing methodologies with new means may mean abandoning the possibility of improvement. In other words, regardless of whether the insurance policy is kept centrally by the issuing company or registered using decentralized technology, it says nothing about its practical implementation. The same issuing company has formulated and complies with the conditions.

The warnings, regulations, loopholes and conditions of many insurance policies that prohibit payments to owners are too many to list here in detail. Suffice it to say that for many they are a known part of the insurance process. Now the constant digitization of the terms of the insurance company with difficulties that may not be fully understood by individual owners of such policies, gives the issuing company only advantages.

As an operative exchange, explanation or justification of the misunderstanding here is permanently blocked the owner’s agreement with digital constancy and time stamp with such a document. While the transparency of the documents themselves can be established, the understanding and respect for the policy remains largely one-sided. The use of immutable records is beneficial only if sufficient knowledge of the value or implications of those records is available. Twisted and one-sided policies remain just that, whether blockchain or out of it.

The very presence and survival of extremely lucrative insurance giants should hint at the structure of the business. Ultimately, as in a casino, the company’s calculations and performance exceed our understanding of probability.

Like a round at the blackjack table, a player’s chances of making a profit or enjoying the risk of participating outweigh what is essentially a guaranteed loss when measured in a sufficient time scale. The house always wins. That’s why it exists [well decorated and ornately furnished] the house itself. In addition to investment strategies, as well as many financial activities, in essence, insurance coverage exists, because the house is betting that we, the insurers, are wrong.

It is impossible to pay more for any business than you get. Thus, the range of insurance choices has been and remains affordable, as purchasing them over a sufficiently long time brings the issuing company more than it costs for them when paying.

This is not in order to marginalize the many potential benefits, protections and security provided by insurance offers. As with car accidents, for example, in cost-benefit analysis respect for experienced centralized hippos to address them can be just reasonable and worth the cost, especially given the possible needs of the time alternative. It’s just to argue that in all insurance offers, home [an insurance company] exists because it remains profitable.

If blockchain technology is seen as a panacea for the development and future of the industry, perhaps we should all step back first and ask ourselves if we really understand the policies themselves before getting too carried away with their unchanging record.

5 benefits of cryptocurrency trading

When it comes to cryptocurrency trading, you need to consider whether the market you have chosen will rise or fall in price. And interestingly, you never own a digital asset. In fact, trade is done with derivative products such as CFDs. Let’s look at the benefits of cryptocurrency trading. Read on to find out more.


Although cryptocurrency is a new market, it is quite volatile due to short-term speculative interest. The price of bitcoin fell to $ 5,851 from $ 19,378 in 2018 in just one year. However, the value of other digital currencies is fairly stable, which is good news.

What makes this world so exciting is the volatility of the value of cryptocurrencies. Price movements open up many opportunities for traders. However, this is also associated with great risk. Therefore, if you decide to study the market, just make sure you have conducted research and devised a risk management strategy.

Hours of operation

As a rule, the market is open for trade 24/7 because it is not regulated by any government. In addition, transactions are made between buyers and sellers around the world. There may be short downtime when upgrading the infrastructure.

Improved liquidity

Liquidity means how quickly a digital currency can be sold for cash. This feature is important because it allows you to conduct transactions faster, increase accuracy and better prices. As a rule, the market is somewhat illiquid because financial transactions take place on different exchanges. Thus, small deals can bring big changes in prices.

Exposure levers

Since CFD trading is considered a leverage product, you can open a position on what we call “margin”. In this case, the value of the deposit is a fraction of the value of the trade. This way, you can enjoy great market access without investing a lot of money.

A loss or gain will reflect the value of the position at the time of its closure. So if you trade on a margin, you can earn huge profits by investing a small amount of money. However, it also increases the losses that may exceed your deposit on the deal. So, make sure you take into account the total value of the position before investing in CFDs.

It is also important to make sure that you follow a solid risk management strategy, which should include appropriate limits and stops.

Quick account opening

If you want to buy cryptocurrency, make sure you do it through an exchange. All you need to do is register an exchange account and keep the currency in your wallet. Keep in mind that this process can be restrictive and time consuming and labor intensive. However, once the account is created, the rest of the process will go fairly smoothly and without complications.

In short, these are some of the most notable benefits of cryptocurrency trading here and now. I hope you find this article very useful.

Crypto-Criminology – The Gothic Nature of Crime

Crypto-criminology refers to the dark, devious and dangerous side of human nature. That strain of humanistic proclivity that crosses the boundaries of civility into brutality. This is a realm of “practical criminology”, applicability to the real world, where human behavior defies profiling, prediction and precise definition. Such an investigation descends to the depths of human depravity, to damp gloomy dungeons of mental mayhem. For which, modern science has no useful, effective and efficient means to explain all the possibilities. Of course, myth, magic and metaphor are allusions constantly present within this region of discussion. In one sense, it’s the exploration of human evil and all its inherent manifestations. And, in another sense, crypto-criminology seeks to delve into the mystery of why people commit crimes. This is an assessment of criminal behavior to walk the eerie landscape of human deviance that foments criminality. The search for modern explanations includes consideration of the influence of “gothic metaphors” in literature, movies and other mass media. As such, “crypto” refers to the hidden, the secret and the unrevealed. Like the word “gothic”, reference is made to the primitive and primeval notions of human nature. A world of howling psychic werewolves, dreams of death and demonic influence. That subterranean mindset of monstrous meanings, vampiric violence and cunning cruelty.

In similarly related aspects of study, there is the term cryptozoology. This often refers to the investigation of unknown or missing “animal” life forms. From this point, we could extrapolate that “crypto” suggests the hidden, secret and mysterious nature of living things. By connection, there are also the elements of knowing, studying and understanding unexplained phenomena. Such a notion aptly concerns the field of criminology. To this day, we have a multitude of so called schools of thoughts. All of which fall short of satisfactory explanations. The result has been a misguidance of social policy, public confusion and failed application within the criminal justice system. Fact merges with fiction, and contemporary society flounders in the flawed chase of illusion and fabrication.

As truth becomes entangled with untruth, metaphors assert their presence to stumble at clear-cut rationalizations. The more we label, define and profile people the more we find the difficulty in understanding the commissions of crime. So, the pursuit of the inexplicable nature of humans follows the mystifying pathways of baffling occurrences, bizarre incidents and sordid acts of debauchery. “Crypto” pursues the macabre mind, especially in terms of primal existence, event selectivity and criminal causality. People make premeditated choices to commit crimes. Even the most atrocious acts of violence are planned and carried out with a uniqueness of logic and rationality. Yet, we stand in awe, shock and horror when such things occur. Maybe its because we see a sense of ourselves in the violence, aggression and destruction. In this sense, crypto-criminology is presented as a mental mechanism by which to pursue a course of study in deviant behavior. And, as a consequence, that behavior that causes injury, trauma and death. By inquiry into the strange, perplexing and complex nature of criminology, we find the seductive connectivity to gothic notions of fable, legend and allegory. Suffice it to say, the secretive, dark and shadowy mental process of human behavior remain elusive to various fields of the “pseudo sciences”.

In particular, the nature of evil eludes the precision of definitive understanding or specificity of prediction. It remains dark and buried in the fantasy of myth, magic and daydreams. So, in the realm of practical criminological issues, we look for alternatives on multi-dimensional levels. Avenues of the chase bring the forefront premeditated capers on fringes of the exotic, the supernatural and the gothic. Or, preferably the ever-expanding realm of “crypto-criminology”. These cerebral processes engage in the eternal warfare of balancing the struggle between good and evil. Myth, magic and metaphor surface in watery illusions of psychic aberrations. As we think, so do we act. To know, be and do is human nature. When we fantasize, we also want to touch, feel and sense the manifestations of our creativity. Take it from one dimension to another. Lift it out of the psyche into the real world.

Looking in the mirror, ours is a reflection of what the face of evil looks like. Criminals are us and we are them. The only difference, some control their behaviors, while others choose not to. We’re the lone gunman on the grassy knoll. And, we’re also werewolf hunter with the silver bullets, stealthily stalking in our own delusions. For us, ghouls, specters and phantoms huddle in the hidden caverns of the brain’s special mirror, the mind. Figments of imagination find eventual fruition in urges, desires and motives. Gloomy thoughts hunger after the lust of life and the opposition of death. The study of crime, criminals and criminalistics, should never cease searching the limitless spires of human thinking. Crypto-criminology asserts a developing foundation of inquiry into the deep murky projections of mental reflections. And, in this eternal quest, our sleight of hand tactics become one of answering which is the final question. Is it a who done it? Or, is it a why done it? If the latter, then why?

For a basic investigative query, we flip the pages of the basic continuum in the who, what, why, where, when and how? Open minded, interdisciplinary and logical, we should consider the mischief afoot by following rigorous investigative efforts, insights and intuition. This enigmatic inquiry presses toward the cagey weirdness of human beings. If, as some suggest, we’re “mind hunters”. And, the mind is an illusion the brain conjures. Then, aren’t we really hunting something that doesn’t exist? An apparition from the abyss of human ideation, deep in the caverns of the cerebral processes? From religion to science, and everything in between, we baffle ourselves. Questions remain unanswered in the quest of greater understanding of human personalities, motives and proclivities. By dreams and fantasies we create our inner world, which transforms at a constant rate. Figuring out deviant behavior becomes one of speculation and educated guess work. Most of which, we can’t begin to comprehend. The vast reaches of the mystery confound the scientist, the priest, the press and politicians. When relegated to the philosophical regions of metaphysics, such as religion, the universe of ideology is wide open to speculation. The dreamscape of the dominion of human darkness invites the images of vampires, werewolves and demons. Supernatural entities exude a kind of special attachment in our furtive trickery cryptic mental wanderings. The human puzzle has a multitude of pieces. Putting them all together occupies a timelessness that never ceases. In an evil world, anything is possible. Even the surprising strain of goodness.

Overall though, we struggle in criminology to establish accurate measures of human behavior. Confused by one theoretical constructs after another, we reach for myth, magic and metaphor to express our frustrations in finding the ultimate answer. And still, we have to accept that human evil stems from human thinking. A medieval realm cloaks the desires, motive and intentions of the things we do. At the same time, various “schools of thought” contend with controversial notions pertaining to core essence of human beings. Such is the sensual realm of good and evil, vice and morality, normal and abnormal, natural and deviant. Wickedness, malevolence and immorality touch every level of society. Human hypocrisy colludes to cover and conceal exposing truths. Contemporary explanations of criminal behavior have failed, yet some cling to simplistic notions and deceptively easy solutions. Fad, fashion and quick fix foster the inadequacy of effective explanations. From biological theories to sociological configurations, the search for precise determinants of our criminal nature cannot deduce a specificity of factors. Instead, what we have is a multiplicity of academic theories subject to wide speculation. We’re left with stumbling in pursuing the darkness of human inclinations. Thus, we put on our black capes, grab crucifixes and holy water. Pick up wooden stakes and load silver bullets to become “mind hunters” to “hunt monsters”. To which, we discover the complications of the human safari. Hiding in the psychic landscape is the brain’s creativity, which is an illusion for mysterious cryptic cerebral processes.

Within the complexity of human behavior, resides the potential for criminality in all of us. Influential in this process of individual ideation, is the role of religious beliefs and associated philosophical ideologies. All over the world, people of different faiths, practices and rituals project personifications of evil, devils and demons. It is reflective in the expressions of our assorted world-view. We relish in seeing badness on the outside and never on the inside. Our mental housing keeping is very private. Thus, seeing God and Satan in mortal combat mirrors the Jekyll-Hyde constructs of our own personalities. To this end, wicked forces are seen to walk the earth, tempting men and women to do deviant things. Variations of “evil figures and forces” reflect cultural assertions about human nature in a planetary scheme. So, the ideas of dark images, primitive urges and gloomy scenery persist in our thinking about crime causation.

This duality of thought, good versus evil, portrays the ongoing allegory of our cosmic struggle. Such notions influence our reference points about the nature of crime. The who done it is always a why done it. Motive marks the myths of our thoughts. Often in the assorted media, we allude to the temptations of dark side of human behavior. In doing so, our fairy tales mingle with reality and merge fact with fiction. In chasing urban legends, we conjure up “vampires or werewolves” to explain deviance and criminality in others. Folk tales, fables and related stories evoke images of imaginary manifestations. The dungeons of our mind mirror the psychic proclivities of our personal seductions. We allow ourselves to be pulled toward the covetousness of our gain. From the yarns we spin, the chronicles of our thoughts hold the secrets relative to our motives and intents.

Crypto-Criminology takes us into these mental archives where we’ve filed our allegorical enchantments. The cryptic logic, by which we rationalize, excuse and mitigate atrocities, resides in this subconscious surreal realm of belief. Such prurient carnality lives in the vast legerdemain of our psychic. We don’t want to think about the nature of our own inherent inclinations. Our penchant toward shadowy selfishness, conceited and deviant activities, is worrisome and makes us anxious. But, we are the demons and they are us. Our self-interests come before those of others when ever possible. We’ll go to any lengths to get what we want, when we want. To fulfill the fantasies of our ideation, people are capable of any act of debauchery, defiance and deception. Nefarious deeds know no boundaries in the darkened tunnels of the human mindset. Given the pervasive extent of contemporary media forms, criminological fact has folded behind the curtains of fictional depiction. The visualization of a conception of evil has become a contemporary preoccupation in both story telling and real-life. Its linkage finds the pathway to the unconscious regions of mental processes. Mystifying conduits between fantasy and reality surround the senses. Our thinking provokes intrusion into consciousness. Once there, we find ways and means to project the expressions of the psycho-drama taking place within. The darkness of human spirit ignites the flames of a personalized “holy war” in the struggle of individual good and evil. In the shaded gloominess of the dark encounters, ours is the face of enemy which we created in our own image. Accordingly, the search continues for a comprehensive revelation concerning this perplexing species called humankind.


“Crime and the Gothic: Sexualizing Serial Killers”, by Caroline Picart, Florida State University, 2006 – School of Criminal Justice, University at Albany, Journal of Justice and Popular Culture;

Peck, M. S., People of the Lie – The Hope or Healing Human Evil, (New York, NY: Simon and Shuster, 1983), pages 40-41;

Schmalleger, F., Criminology Today – An Integrative Approach – Fourth Edition, (Upper Saddle River: Pearson-Prentice Hal, 2006) page 173;

Baumeister, R. F., Evil – Inside Human Violence and Cruelty, (New York, NY: W.H. Freeman and Company, 1996), pages 66-67;

Keen, Sam, Hymns to an Unknown God – Awakening the Spirit of Everyday Life, (New York, NY: Bantam Books, 1994), pages 60-61;

A brief introduction to the blockchain – for normal people


If you’ve tried to dive into this mysterious thing called the blockchain, you’ll be forgiven for being horrified to have strayed from the opacity of the technical jargon often used to design it. So before we delve into what cryptocurrency is and how blockchain technology can change the world, let’s discuss what blockchain really is.

Simply put, the blockchain is a digital ledger, unlike the ledger we have used for hundreds of years to record sales and purchases. The function of this digital ledger is essentially almost identical to traditional accounting in that it records debit and credit records between people. This is the basic concept of the blockchain; the difference is who keeps the ledger and who checks the transactions.

In traditional transactions, payment from one person to another includes some kind of intermediary to facilitate the transaction. Let’s say Rob wants to transfer Melanie £ 20. He can either give her cash in the form of a £ 20 bill, or use some sort of banking program to transfer the money directly to her bank account. In both cases, the bank is the intermediary that checks the transaction: Rob’s funds are checked when he takes money from the ATM, or they are checked by the program when he makes a digital transfer. The bank decides whether to conduct the transaction. The bank also keeps a record of all transactions made by Rob, and is fully responsible for updating it each time Rob pays someone or receives money into their account. In other words, the bank keeps and controls the ledger, and everything goes through the bank.

This is a big responsibility, so it is very important that Rob feels that he can trust his bank, otherwise he will not risk their money with them. He needs to be sure that the bank will not deceive him, will not lose money, will not be robbed and will not disappear overnight. This need for trust underpinned virtually all major behaviors and aspects of the monolithic financial industry, to such an extent that even when banks were found to be irresponsible with our money during the 2008 financial crisis, the government (another mediator) chose to bail them out. rather than risking destroying the last fragments of trust by allowing them to collapse.

Blockchains work differently in one key respect: they are completely decentralized. There is no central clearing house like a bank, and no central ledger kept by one organization. Instead, the registry is distributed over a wide network of computers called nodes, each of which contains a copy of the entire book on its hard drives. These nodes connect to each other through software called Peer Client (P2P), which synchronizes data over a network of nodes and ensures that everyone has the same version of the book at all times. .

When a new transaction is entered into a blockchain, it is first encrypted using the latest cryptographic technology. Once encrypted, a transaction is converted into what is called a block, which is basically a term used for an encrypted group of new transactions. This block is then sent (or broadcast) to a network of computer nodes, where it is checked by the nodes and after verification is transmitted over the network so that the block can be added to the end of the book on each computer, under a list of all previous blocks. This is called a chain, so the technology is called a blockchain.

After approval and entry in the book, the transaction can be completed. This is how cryptocurrencies like Bitcoin work.

Accountability and confidence building

What are the advantages of this system over a banking or central clearing system? Why would Rob use bitcoin instead of regular currency?

The answer is trust. As mentioned earlier, it is very important for the banking system that Rob trusts his bank to protect his money and manage it properly. For this to happen, there are huge regulatory systems in place to check the actions of banks and ensure that they are meeting their objectives. Governments then regulate regulators, creating a kind of multi-level system of inspections, the sole purpose of which is to prevent errors and misconduct. In other words, organizations like the Financial Services Authority exist precisely because banks cannot be trusted on their own. And banks are often wrong and misbehaving, as we have seen too many times. If you have a single source of authority, power is usually abused or abused. The relationship of trust between people and banks is awkward and shaky: we don’t really trust them, but we don’t feel there are many alternatives.

Blockchain systems, on the other hand, don’t require you to trust them at all. All transactions (or blocks) in the blockchain are checked by network nodes before being added to the book, which means there is no single point of failure and no single channel of approval. If a hacker wanted to successfully hack a blockchain ledger, he would have to hack millions of computers at once, which is virtually impossible. The hacker is also largely unable to disable the blockchain network, because, again, they will need to turn off every computer in the network of computers distributed around the world.

The encryption process itself is also a key factor. Blockchains, such as Bitcoin, use deliberately complex processes for their verification procedure. In the case of bitcoin, blocks are tested by nodes that perform intentionally intensive processors and time-consuming computations, often in the form of puzzles or complex mathematical problems, meaning that verification is neither instantaneous nor accessible. The nodes that allocate resources to verify the blocks are rewarded with a transaction fee and the generosity of the newly made bitcoins. It has the function of both encouraging people to become nodes (because processing such units requires quite powerful computers and a lot of electricity), as well as handling the process of generating – or minting – currency units. This is called mining because it involves significant effort (in this case using a computer) to produce a new product. It also means that transactions are verified in the most independent way, more independent than a state-regulated organization like the FSA.

This decentralized, democratic and highly secure nature of blockchains means that they can function without the need for regulation (they are self-regulating), government or other non-transparent intermediary. They work because people don’t trust each other, not the other way around.

Let the significance of this for a while realize, and the excitement around the blockchain will begin to make sense.

Reasonable contracts

Where things get really interesting is the application of blockchain outside of cryptocurrencies such as bitcoin. Given that one of the basic tenets of the blockchain system is secure independent transaction verification, it’s easy to imagine other ways in which this type of process can be valuable. Not surprisingly, many such programs are already in use or under development. Some of the best:

  • Smart Contracts (Ethereum): Probably the most exciting blockchain development after Bitcoin, smart contracts are blocks that contain code that needs to be executed for a contract to be executed. The code can be anything as long as the computer can execute it, but in simple words it means you can use blockchain technology (with its independent verification, unreliable architecture and security) to create a kind of deposit system for any type of transaction. . As an example, if you are a web designer, you can create a contract that checks whether a new client’s website is running or not, and then automatically allocate you funds as soon as it is. No more chasing or billing. Smart contracts are also used to confirm ownership of an asset such as property or art. The potential for reducing fraud with this approach is huge.
  • Cloud storage (Storj): Cloud computing revolutionized the Web and led to big data, which in turn marked the beginning of a new AI revolution. But most cloud systems run on servers stored on single-site server farms owned by one person (Amazon, Rackspace, Google, etc.). This presents all the same problems as the banking system, as your data is controlled by a single opaque organization, which is the only point of failure. Dissemination of data in the blockchain completely removes the problem of trust, and also promises to increase reliability, because it is much harder to destroy the blockchain network.
  • Digital Identification (ShoCard): Two of the biggest problems of our time are identity theft and data protection. Due to extensive centralized services such as Facebook, which store so much data about us, and the efforts of various governments in developed countries to keep digital information about their citizens in a central database, the likelihood of misuse of our personal data is appalling. Blockchain technology offers a potential solution to this, wrapping your key data in an encrypted block that can be verified by the blockchain network whenever you need to verify your identity. The application of this varies from explicit replacement of passports and identity cards to other industries such as replacement of passwords. It can be huge.
  • Digital voting: very relevant in connection with the investigation of Russia’s influence in the recent US elections, digital voting has long been suspected as unreliable and very vulnerable to fraud. Blockchain technology offers a way to verify that a voter’s vote has been successfully sent while maintaining anonymity. This promises not only to reduce election fraud, but also to increase voter turnout as people will be able to vote via mobile phones.

Blockchain technology is still in its infancy, and most applications are far from common. Even bitcoin, the most established blockchain platform, is exposed to huge volatility, indicating its relative status as a newcomer. However, the potential of the blockchain to address some of the major challenges we face today makes it an unusually exciting and enticing technology to follow. I will certainly be watching.

Learn about existing Bitcoin abuses

Bitcoin, the most popular crypto that exists, is now considered one of the most popular investments. But did you know that this has led to a lot of new bitcoin scams? Yes, this is true, and unfortunately you can be a part of it if you know nothing about these scams. This article allows you to learn about all the types of bitcoin fraud that exist.

These are the types of bitcoin scams that exist –

Phishing scams

Always be aware of phishing scams. Phishing attacks are definitely favorites among hackers and scammers. As part of a phishing attack, an interested person usually impersonates a service, business, or individual simply through email or other text communication or by posting a fake and manipulative website that appears to be genuine. The goal is always to trick the victim into disclosing their private advice or sending a bitcoin to an address belonging to a particular scammer.

Such emails often look legitimate but fake.

Fake exchanges

Undoubtedly, one of the least difficult ways to deceive investors is to pretend to be an Internet marketer, a branch of good and legitimate business. Well, that’s what fraudsters do in the discipline of bitcoin.

There are many such exchanges, and they presented themselves as a place to exchange and trade bitcoins, but in the end were fraudulent. Many exchanges have thus deceived people from their money by simply posing as a new respectable and legitimate cryptocurrency exchange.

Fake ICO

Along with the increase in the number of companies supporting the blockchain, fake ICOs have become popular as a way to support such new companies. However, given the unregulated nature of bitcoin itself, the door has been wide open for all kinds of fraud.

Most ICO fraud occurred because investors committed it either through fake ICO websites using fake bitcoin wallets or other crypto-wallets, or because they looked like real cryptocurrency companies.

Many have already been accused of such abuses, so it is better to check such wallets before actually deciding to place money in them.

Huge return

If you are in the trading industry, you probably already know that huge profits are simply impossible when it comes to bitcoin trading or crypto-trading in general. So if a broker tries to give you a promise that your money will be doubled over time, then the best option in such cases would be to stay away from such brokers as much as you can. They will just take your money and run away and you will be left with nothing but grief and remorse.

What is a cryptocurrency?

Cryptocurrency or cryptocurrency (Saxon cryptocurrency) is a virtual currency that is used to exchange goods and services through an electronic transaction system without the need to go through any intermediaries. The first cryptocurrency to be traded was bitcoin in 2009, and many others with other features such as Litecoin, Ripple, Dogecoin and others have appeared since then.

What is the advantage?

If you compare cryptocurrency with money in the ticket, the difference is that:

They are decentralized: they are not controlled by banks, the government or any financial institution

Anonymous: Your privacy is maintained when making transactions

They are international: all with them

They are safe: your coins are yours and from no one else’s, they are kept in a personal wallet with non-portable codes that only you know

There are no intermediaries in it: transactions are carried out from person to person

Fast transactions: to charge money to another country, they charge interest, and often it takes several days to confirm; with cryptocurrencies in just minutes.

Irreversible operations.

Bitcoins and any other virtual currency can be exchanged for any world currency

It cannot be forged because they are encrypted using a sophisticated cryptographic system

Unlike currencies, the value of e-currencies is subject to the oldest rules of the market: supply and demand. “It currently has a value of over $ 1,000, and like stocks, that value can increase or decrease supply and demand.

What is the origin of Bitcoin?

Bitcoin is the first cryptocurrency created by Satoshi Nakamoto in 2009. He decided to launch a new currency

Its feature is that you can only perform operations within a network of networks.

Bitcoin refers to both the currency and the protocol, and the red P2P on which it relies.

So what is Bitcoin?

Bitcoin is a virtual and intangible currency. That is, you can’t touch any of its forms like coins or bills, but you can use it as a means of payment just like these.

In some countries, you can monetize with an electronic debit card page that allows you to exchange cash with cryptocurrencies such as XAPO. In Argentina, for example, we have more than 200 bitcoin terminals.

Of course, what distinguishes bitcoin from traditional currencies and other virtual means of payment, such as Amazon Coins, Action Coins, is decentralization. Bitcoin is not controlled by any government, institution or financial organization, public or private, such as the euro, controlled by the Central Bank or the dollar of the United States Federal Reserve.

In Bitcoin control real, indirectly by their transactions, users through the exchange P2 P (Point to Point or Point to Point). Such a structure and lack of control makes it impossible for any authority to manipulate its value or cause inflation by producing larger quantities. Its production and price are based on the law of supply and demand. Another interesting detail in Bitcoin has a limit of 21 million coins to be reached in 2030.

How much is bitcoin?

As we have noted, the value of Bitcoin is based on supply and demand and is calculated using an algorithm that measures the number of transactions and transactions with Bitcoin in real time. Currently, the value of bitcoin is $ 9,300 (as of March 11, 2018), although this value is not much less stable, and bitcoin is classified as the most volatile currency in the foreign exchange market.

What is Blockchain Development?

Blockchain technology may be a new name for readers, but experts believe that thanks to this technology we can witness great changes in technology. Therefore, various companies are looking for good opportunities in Blockchain application development. Blockchain is a new technology, so most people are unaware of this new achievement. If you are one of those who want to have significant knowledge of technology, just keep reading the information below.

What do we mean by Blockchain?

Blockchain works like a digital workbook in which transactions are made using bitcoins or cryptocurrencies. According to Blockchain experts, this technology provides a completely secure way to make or record all transactions, agreements or contracts. What’s more, Blockchain is valuable for everything you need to test and maintain in a secure digital ecosystem.

From the starting point of the network, the database is shared between a number of users who are enabled to access information about all transactions. The total size of the network varies depending on the number of users, which can be two or three users or a group of hundreds of users.

What are the benefits of blockchain technology?

Experts are trying to use it for more than one purpose, and nowadays the most notable and notable use of Blockchain technology is bitcoin. Bitcoin has been helping people involved in financial transactions since 2008. In addition, experts are looking for ways in which the same technology can be used to address or reduce security issues, disputes and beliefs.

How is it used?

Specialized computer software is used to enable the blockchain to automatically exchange information in the database in the event of a new transaction. A blockchain contains blocks that are hashed or encoded transaction packets. Each code with a hash of the block in front of it binds both and forms a chain that is a blockchain. This process requires checking each block to ensure the security of the shared database.

Why do we need to develop Blockchain?

As mentioned above, Blockchain is trying to make the technology more useful for people who need to keep an indisputable record of transactions. Blockchain technology provides maximum clarity and transparency and can be used as an effective tool against corruption.

With Blockchain technology, all transactions take place in a secure environment, where all details are encrypted with the generation of a unique transaction number, and this number is recorded in the register as a placeholder. In this case, not all users will be able to see the details of the transaction. However, the network will know about the transaction. This process limits any changes to fraud because a person with malicious plans must access every computer on the network to make changes to the database.

Due to the growing importance of blockchain development, a number of individuals or organizations are looking for a reliable and trustworthy blockchain development company.