Introduction An algorithm is a particular set of well-defined instructions aimed to successfully execute a task or process. Algorithmic trading, also known as algo-trading, automated trading or black-box trading, uses computers which are programmed to follow a specific set of instructions. The computers are employed to garner profits at a frequency and speed surpassing that of a human …
Monthly Archives: June 2021
An Overview of Initial Coin Offering (ICO)
Introduction An Initial Coin Offering or ICO is a fundraising mechanism which is similar in concept to an Initial Public offering, also known as IPO where both are basically processes by which companies raise capital. While an IPO investment deals with issuance of securities where investors get to purchase shares of a company, an …
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Monero Cryptocurrency
Introduction Running on Windows, Linux, macOS, Android and FreeBSD, Monero (XMR) is an open–source cryptocurrency launched in April 2014. Its main focus is on privacy and decentralization. Monero cryptocurrency employs a public ledger to record transactions in the creation of new units through mining. It intends to improve the existing cryptocurrency design by obscuring the sender and recipient information as well as the amount …
Cryptomining
Introduction In today’s world, cryptocurrencies have become a central topic of interest partly due to the extreme volatility of Bitcoin, the flagship cryptocurrency. Apart from buying and selling cryptocurrencies, consumers are actively involved in cryptomining, which is the process of new digital currency creation. The system essentially relies on a network of peers – hundreds …
Bitcoin
Introduction Created in 2009 by Satoshi Nakamoto, which is an alias, Bitcoin was introduced as a virtual currency that would allow for transactions without the meddling of banks. You may use Bitcoin to buy an Xbox game or book hotels or shop online, and why not, trying to get rich via trading. Description Bitcoin cryptocurrency …
Ripple and Stellar
At the outset, Ripple (XRP) and Stellar Lumens (XLM) appear to be similar as they have similar technical functionalities. Both operate underlying payment processing solutions with native assets and are founded by Jed McCaleb. Both networks also support tokens representing crypto currency, fiat currency or any other unit of value such as mobile minutes or frequent flier …
Litecoin
Introduction Litecoin (LTC) was developed by Charlie Lee and launched in October 2011. This cryptocurrency is similar to Bitcoin and, therefore, shares many of its characteristics. The block generation time of Litecoin is shorter, namely around 2.5 minutes, which enables transactions to be cleared faster. The best part is that Litecoin has lesser transaction fees …
Order Flow
Introduction In futures trading, it is important to know how markets facilitate order flow and volume. At any specific point, a large number of traders are initiating trade or placing orders for various reasons. Some may be buying shares as a long–term investment, some may be selling to earn a speedy profit, while others may …
Ethereum
Introduction Ethereum is a comparatively new cryptocurrency. It is also an open computing platform founded on blockchain technology. This allows developers to build and use decentralized applications. Similar to Bitcoin, Ethereum is a distributed public blockchain network. However, Bitcoin and Ethereum vary significantly in the purpose they serve. The Bitcoin blockchain essentially tracks who owns the …
Blockchain
Introduction Blockchain technology is a certain way of recording and confirming transactions. In this method, instead of a centralised platform, each of the participants have a complete record of the transactions achieved through a peer–to–peer verification of the transactions. Hence, there is no central recording system but it is up to each participant to keep …