What Is an ICO in Cryptocurrency?

ICO is short for Initial Coin Offering. When launching a new cryptocurrency or crypto-token, the developers offer investors a limited number of units in exchange for other major crypto coins such as Bitcoin or Ethereum.

ICOs are amazing tools for quickly raining development funds to support new cryptocurrencies. The tokens offered during an ICO can be sold and traded on cryptocurrency exchanges, assuming there is sufficient demand for them.

The Ethereum ICO is one of the most notable successes and the popularity of Initial Coin Offerings is growing as we speak.

A brief history of ICOs

Ripple is likely the first cryptocurrency distributed via an ICO. At the start of 2013, Ripple Labs began to develop the Ripple payment system and generated approximately 100 billion XRP tokens. These were sold through an ICO to fund Ripple’s platform development.

Mastercoin is another cryptocurrency that has sold a few million tokens for Bitcoin during an ICO, also in 2013. Mastercoin aimed to tokenize Bitcoin transactions and execute smart contracts by creating a new layer on top of the existing Bitcoin code.

Of course, there are other cryptocurrencies that have been successfully funded through ICOs. Back in 2016, Lisk gathered approximately $5 million during their Initial Coin Offering.

Nevertheless, Ethereum’s ICO that took place in 2014 is probably the most prominent one so far. During their ICO, the Ethereum Foundation sold ETH for 0.0005 Bitcoin each, raising almost $20 million. With Ethereum harnessing the power of smart contracts, it paved the way for … Read more

Thinking of Investing? Think the Bitcoin Way

What is Bitcoin?

If you’re here, you’ve heard of Bitcoin. It has been one of the biggest frequent news headlines over the last year or so – as a get rich quick scheme, the end of finance, the birth of truly international currency, as the end of the world, or as a technology that has improved the world. But what is Bitcoin?

In short, you could say Bitcoin is the first decentralised system of money used for online transactions, but it will probably be useful to dig a bit deeper.

We all know, in general, what ‘money’ is and what it is used for. The most significant issue that witnessed in money use before Bitcoin relates to it being centralised and controlled by a single entity – the centralised banking system. Bitcoin was invented in 2008/2009 by an unknown creator who goes by the pseudonym ‘Satoshi Nakamoto’ to bring decentralisation to money on a global scale. The idea is that the currency can be traded across international lines with no difficulty or fees, the checks and balances would be distributed across the entire globe (rather than just on the ledgers of private corporations or governments), and money would become more democratic and equally accessible to all.

How did Bitcoin start?

The concept of Bitcoin, and cryptocurrency in general, was started in 2009 by Satoshi, an unknown researcher. The reason for its invention was to solve the issue of centralisation in the use of money which relied on banks and computers, … Read more

Four Common Washing Machine Repair Issues: How to Troubleshoot Before Calling a Repairman

A broken washing machine means dirty clothes piling up. It means inconvenient trips to the laundromat, or expensive drop-off and pickup service. That’s why you want to get your washer fixed as soon as possible. What you might not realize is that you can troubleshoot a few washing machine issues on your own, before picking up the phone to call a repair professional. Of course, major repairs should be left to the experts to ensure that you don’t damage your unit further by taking apart something you can’t put back together.

Washer Won’t Run at All

It may seem like common sense, but the reason your washing machine isn’t running could be that it’s unplugged, or the plug is loose. Check the power connection first. If everything is properly plugged in, you can check that power is running to that outlet by unplugging the washing machine and plugging in another small appliance, such as a hair dryer. If the hair dryer works, the outlet is fine and the washer is broken; if the hair dryer doesn’t work, check to make sure the GFCI has not been tripped and inspect your electrical panel to see if a circuit breaker has been flipped. If all the breakers are on and the outlet isn’t giving any power, you need an electrician rather than a washing machine repair technician.

Washer Won’t Fill or Drain

You know how when your garden hose gets a kink in it, the water can’t get through? The same goes … Read more

Beginner’s Guide: Introduction in Cryptocurrencies

Introduction: To Invest in Cryptocurrencies

The first cryptocurrency which comes into the existence was Bitcoin which was built on Blockchain technology and probably it was launched in 2009 by a mysterious person Satoshi Nakamoto. At the time writing this blog, 17 million bitcoin had been mined and it is believed that total 21 million bitcoin could be mined. The other most popular cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Civic and hard forks of Bitcoin like Bitcoin Cash and Bitcoin Gold.

It is advised to users to not put all money in one cryptocurrency and try to avoid investing at the peak of cryptocurrency bubble. It has been observed that price has been suddenly dropped down when it is on the peak of the crypto bubble. Since the cryptocurrency is a volatile market so users must invest the amount which they can afford to lose as there is no control of any government on cryptocurrency as it is a decentralized cryptocurrency.

Steve Wozniak, Co-founder of Apple predicted that Bitcoin is a real gold and it will dominate all the currencies like USD, EUR, INR, and ASD in future and become global currency in coming years.

Why and Why Not Invest in Cryptocurrencies?

Bitcoin was the first cryptocurrency which came into existence and thereafter around 1600+ cryptocurrencies has been launched with some unique feature for each coin.

Some of the reasons which I have experienced and would like to share, cryptocurrencies have been created on the decentralized platform – so users don’t … Read more

Bitcoin Information And Highlights You Must Know

When ‘bitcoin’ is a extremely frequently heard phrase, there are several who definitely know what it is. Though it is a trading system, it is the most various from others for two key causes. For a single, it entails a kind of digital forex that can be transferred easily. What makes it additional one of a kind, nonetheless, is the reality that it does not entail any financial institutions or other official economic establishments. It is just a peer-to-peer program that is impartial and unaccountable. Following are some of the most critical current bitcoin news and highlights:

Anonymity – If you want to have out very simple transactions with no employing your personalized identification and bank account facts, bitcoins make it feasible. All transactions that are carried out are anonymous, until you select otherwise, and are not able to be tracked again to you. For every single transaction, there is an address produced that is exceptional and will never be recurring.

Receiver’s privileges – Compared with most other varieties of buying and selling, bitcoins are irreversible and you simply cannot terminate a payment when you have sent it. If you will have to reverse the transaction, you will have to have the receiver’s consent. Also, the transactions acquire about 10 minutes to finish, compared with other economic transactions that are processed pretty much right away.

Acquiring luxurious merchandise – One particular of the main good reasons bitcoins grew to become well known was the fact that they are ideal for … Read more

2020 Estimated Computer Network Cabling Cost of Installing

The demand for wireless networks is growing rapidly and there is a huge advancement of it. For reliable and super-fast networks, computer network cabling is one of the best options. For individuals or businesses that are looking for a superior network for their business or house, a hardwired network is a right solution.

If you are looking for first-class stability and a high-speed network, then a hardwired computer network will help you. You must be thinking that routers are one of the best approaches for uploads and downloads; nevertheless, nothing can be compared to computer cabling. Furthermore, a designed PC network offers extreme superior security conventions than what’s as of now accessible for remote innovation, settling on it the ideal decision for any individual who needs a protected, solid, fast organization that isn’t helpless before restricted innovation.

Different types of hardwired computer networks:

Basically, there are 4 types of hardwired networks in computer and they are Cat5e cable, Cat 6 cable, Cat 7, and optical fiber cable. In order to install these network cables, there are installation costs that compromise labor service and materials handling. The total installation cost depends on the room size and how many data points are going to be included.

Understanding computer network cabling cost

If you are wondering what would be the 2020 Estimated Computer Network Cabling Cost of Installing, then here below is a detailed approach. This network cabling cost depends on the average square feet of the house. Well, it entirely depends on … Read more