Blockchain giant Ripple announced the formation of a strategic partnership with popular money transfer company MoneyGram (MGI) today for cross-border payments and foreign exchange settlement using XRP. In a strategic partnership, Ripple will become @MoneyGram‘s global partner for cross-border payment and foreign exchange settlement, using XRP. https://t.co/4YlnFWy1ha https://t.co/aJnchpzj5k pic.twitter.com/cyald9sikr — Ripple (@Ripple) June 17, 2019 […]
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Bitcoin Mining – A Phenomenon That Involves a Bit More Than Number Crunching
The charismatic cryptocurrency and the numerous thoughts that crop up in the minds of the onlookers often surround few obvious questions – how does it come into being and what about its circulation? The answer, however, is straightforward. Bitcoins have to be mined, in order to make the cryptocurrency exist in the Bitcoin market. The mysterious creator of Bitcoin, Satoshi Nakamoto, envisioned a technique to exchange the valuable cryptocurrencies online, by doing away with the necessity for any centralized institution. For Bitcoins, there’s an alternative way to hold the necessary records of the transaction history of the entire circulation, and all this is managed via a decentralized manner.