The place to collect your digital assets

place-to-collet-your-digital-assets

Where to store digital assets? What kind of place to choose? Is it free? Where to find it? How to use it? What it really is? This article is a short guide of wallets available to FuturoCoin.

Every cryptocurrency owner needs a place to deposit his/her coins. The crypto industry came with the idea of digital wallets. This article will shed some light on that solution.

Core wallets

From the very beginning, crypto inventors wanted to create a straightforward wallet where crypto investors could store their coins. The simplest way to achieve that was to pack the whole network in the development. Cryptocurrencies are kept on a digital record known as the blockchain.

A core wallet is exactly that. It contains the entire blockchain as opposed to other solutions where some trust must to third parties must be engaged. It means that to get the core wallet on your computer, you have to download a huge amount of data. So, you need to reserve the space on your hardware to own the whole history of the network. The blockchain is maintained by at least thousands of people all over the world. The digital record is growing day by day. For instance, the FuturoCoin’s core wallet requires roughly 350 MB on your computer.

Lightweight (electrum) wallets

Most of the wallets require to bring the whole blockchain on the computer. However, not everyone wants to give up his/her hardware space to a wallet. Electrum came with the idea of creating a lighter and even more minimalistic wallet. Crypto owners don’t have to store the entire blockchain history. Instead, they can download only a small part of blockchain and the rest left on servers run by others.

With the largest cryptocurrencies, downloading the blockchain can take a few days or even a week. Electrum wallet does not require the whole data. It gets information from external servers; thanks to that it is very safe. Imagine if somebody hacks one of the servers (it’s tough to do, but possible). The program still has other services, from which it can take the data. FTO offers a lightweight wallet written in Python, which provides simplicity of use low requirements and fast installation.

To sum up, the lightweight wallet is safe, quick, and the most efficient of all wallets.

Paper wallets

‘Paper’ may sound strange in the context of the world’s most advanced and digitized industry. However, crypto also means the most secure and anonymous.

A paper wallet is designed for people who have a habit of storing their secret data, e.g. passwords on paper. Actual paper. What does that really mean?

It’s pretty simple. Every user of that solution gets two keys: a private one and a public one. A public key can be imagine as a bank account – everyone can see this number but only owner can transfer the money inside. A private key is only for the crypto owner. It is created via the process of randomisation. The program forms usually the 32-bytes number, which is almost impossible to hack (it is much, much more probable to win three times in the lottery on the same day during a cyclone than to break that key). A currency holder can print that code and store it in a safe.

A paper wallet is the most analog solution. On our website, you can download the paper wallet.

You should check our Social Media to be up-to-date:
FuturoCoin / Twitter / Telegram / Reddit / YouTube

The most popular cryptocurrency portal

cryptocurrency-blockchain- news-portal

Since cryptocurrencies have begun to gain exceptional popularity on the Internet, a lot of news about them began to appear.

However, in order to be up-to-date (and that’s exactly what everyone who invests in the virtual currency wants), you had to spend long hours browsing through foreign portals in search of Bitcoin news or Ethereum news. It took a lot of time, and it was hard to reach all of the news. Then specialist portals appeared, dedicated only to the topic of cryptocurrency.

Everything in one place

Blockchain24.co is the most popular cryptocurrency portal. You ask why? Because on this portal you will find everything that cryptomaniacs may find interesting. The most important of course are constantly updated news from the world of cryptocurrencies – news not only from Europe, but from around the world.

The forum, which is functions as a kind of a guide, is very useful. There, the users can exchange questions, experiences and doubts.

An interesting idea is also the „Newcoiner” tab, where you can find the basics on cryptocurrency. From the answers to questions like „What is Bitcoin?”, to a full dictionary of cryptocurrency-related terms.

Anyone who would like to participate in the industry events will be interested in the event calendar. There, you can find information about courses and conferences on cryptocurrencies around the world. So, if you want to keep up with all the news from cryptocurrency world, be sure to check out Blockchain24.co!

A Brief History Of (Cryptocurrency) Time

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We created our coin at the beginning of 2018. The time for celebration will come. But today, we’re taking you on a journey back in time.

Time, when FTO simply didn’t exist. Time, when the cryptocurrency world was still considered as a passing trend, which would last only a couple of months.

We could go back to 2008 when Satoshi Nakamoto published his manifesto. Many people perceive this moment as the start of the crypto era. However, the basic concept had been created many years earlier.

Beginning of blockchain

We have to go back to 1995. It was the year when “Friends” had been on air only for a few months, people called other people from phone booths, nobody knew what Facebook was, and MC Hammer was the coolest guy on Earth. Also in that year, Tim May made the call to the Cypherpunks group and asked them to invent a decentralized digital currency. Amongst other members of the group who responded to that call were: Nick Szabo, Hal Finney, Adam Back and Tim May.

They started a few projects like Bmoney, Hashash and BitGold. However, none of them were successful.

Years later, when Joey Tribbiani was outdated to say the least, and crisis absorbed the world, Mr. Nakamoto made the call to the Cypherpunks group and asked them to invent a  decentralized digital currency. Once again, amongst other members of the group who responded to the call were: Adam Back, Hal Finney and Nick Szabo.

On October 31st, 2008 Nakamoto, who designed Bitcoin, published a paper that set the ball rolling: Bitcoin: A peer-to-peer Electronic Cash System. On January 3rd, 2009, the revolution began with the mining of the first Bitcoin block or the genesis block.

To the sky and beyond the stars

We are teleporting to 2010. Laszlo Hanyecz wanted to eat something. He ordered two pizzas from Papa John’s. They cost him 10,000 BTC! That many bitcoins today would be worth more than $55 million. However, Hanyecz has no regrets about this decision to this very day.

In 2011, other cryptocurrencies were created. Litecoin, Namecoin and Swiftcoin made their debut.

In 2014 Microsoft and few other firms started accepting payments in virtual currency.

2015 was another important year. Back then, Ethereum was created. That was the year when cryptocurrencies become a lot more mainstream. More companies allowed their users to pay with virtual coins.

From then, Bitcoin has split into two derivative currencies: BTC and Bitcoin Cash. Many countries introduced new laws concerning the blockchain and crypto industry. Joey Tribbiani remains forgotten and we moved on to 2018 when FuturoCoin was created. That’s the short story of cryptocurrencies.

FTO is changing the world

FuturoCoin is getting more popular day by day. We are making a lot of buzz on the crypto market. As you may know, we developed our own coin as an answer to the fast growth of the market. Crypto world is still searching for more secure and quicker cryptocurrencies. Our goal is to answer the needs of the market. We are an electronic peer-to-peer system that gives its users instant transactions.

That was the story about past times. Now, we are focusing on the future, as it is wide open for cryptocurrencies. It is up to you, where the crypto world will be in the next 5, 10 or 15 years.

You should check our Social Media to be up-to-date:
FuturoCoin / Twitter / Telegram / Reddit / YouTube


How to create a cryptocurrency-centered community?

blockchain24-bitcoin-news

Hey everyone! Lately I came up with an idea to create a community that will be focused around the topic of cryptocurrencies.

I’m a big enthusiast myself and I’m missing a place where we could all swap tips from the world of cryptocurrencies. Informing each other about all the Bitcoin or Ethereum news. There’s a lot of portals on the internet that write about virtual currencies, but that’s not enough for me. I’d like people not only to comment on cryptocurrency articles but also create a nice community. Would you be interested in this form of communication? Any ideas how to create it?

All you need is a one cool Bitcoin news portal

Hi, I don’t know what’s the point of creating another website for gathering cryptocurrencies fans. There’s a lot of those already. Some of them actually give only an option of buying virtual money and informs about recent cryptocurrencies exchange rates. Some give only so-called Bitcoin or Litecoin news. I’ve been interested in the topic of cryptocurrencies from the very beginning, I invest in them myself and I even wonder about introducing cryptocurrencies payments in my business (I run an online store). A while ago I came across a really nice portal that merges all the features of other platforms. They write about news from cryptocurrency world, as well as events that are “must-go”. Personally thanks to that portal I stay up to date with everything, not only exchange rates. Blockchain24.co has also well-developed discussion group, where people swap cryptocurrency tips. Think twice about creating something new. Maybe it’s worth to start looking for information in advices in places, where you can actually find people interested in cryptocurrencies.

 

How to invest in Bitcoin?!

How to invest in Bitcoin?

Hey! I need your advice.

For a long time, I have been watching what is happening with Bitcoin in the world. How its value increases (observing cryptocurrency exchange rates is very exciting lately!), where new places where you can pay cryptocurrencies are appearing. I am reading about all those who have earned huge amounts of money from investing Bitcoin and I must admit that I envy them a little bit. Recently, I have an idea in my mind to invest in cryptocurrency. I know, however, that it is not enough to just watch the exchange rate of cryptocurrencies … You know some tutorials on how to invest in cryptocurrency. I know that there are a lot of guides on the Internet – how to mine Bitcoins, etc. Maybe there are similar ones regarding investing in a cryptocurrency?

 

Stay up to date – read news from the world of cryptocurrency


Hey! You know, investing in BTC is just like investing in other currencies. I do not think there are universal guides that will work anytime, anywhere. You must be up to date – this is probably the only advice. Check cryptocurrency rates regularly. Read as much as possible from the world of cryptocurrencies. Find your favorite portal with all Bitcoin news and read what’s happening with crypto in the world. The best websites about cryptocurrencies always have internet forums. Look there too. Read what users write about – they are already investing, so you can learn the most from them. If you have any questions, ask me too. Experienced users are the best guide from the world of cryptocurrencies!


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