If you’re not familiar with the new service blockvault then fear not, we’ve got you covered. Blockvault is a qualified cold storage custodian that is designed to provide fully insured and auditable third-party solutions. Blockvault is filling a gap in the cryptocurrency world by protecting cryptocurrency assets against theft, destruction, and damage. A much needed Continue Reading
To keep things simple, a blockchain is similar to a database. It is a way of storing user transactions and the records of cryptocurrency values associated with them. However, simply stating that the blockchain is a new database type is not enough. Yes, it does store this information, but it really doesn’t explain all of Continue Reading
Understanding blockchain technology is important to grasping the total concept of cryptocurrency in general. The blockchain can be thought of as an online peer-to-peer digital ledger that keeps track of cryptocurrency user balances by tracking & evaluating the transactions. In this sense, a blockchain is a database that records the flow of its native currency, Continue Reading
The practice of storing your cryptocurrency on an exchange is not the safest option at all. The risk is lower for those exchanges that have insurance, keep the majority of their assets in cold storage, and employ other best-in-class security measures like penetration testing and regular audits. However, for utilizing other exchanges, the risk should Continue Reading