Ledger Nano X Review – Don’t Buy Until You Read THIS! 3609

ledger nano x

The Ledger Nano X Crypto Wallet is officially out and just like previous Ledger products its main goal is to protect your BTC, ETH, XRP as well as a growing number of other cryptocurrencies from hacks, theft, and shady exchanges. Gone are the days of awkward paper wallets. You can now store and interact with your crypto coins and look cool while doing it! (The Ledger Nano was featured on the hit TV Series “Billions”).

ledger nano billions

Now, is the Ledger Nano X worth it? I mean you can buy the Nano S for half the price of the “X”, but before you do that there are some key differences that you need to consider. With that being said, here’s everything you need to know before you buy the Ledger Nano X.

The Ledger Nano X Buyers Guide

When you hold the Ledger Nano X in your hand the first thing that immediately jumps out is the newer, larger display within the brushed stainless steel finish. The improved screen size and navigation improvements are palpable. Going through the settings and navigating makes managing your wallet a breeze.

So far this feels like one of the most intuitive user experiences to date with the Ledger Nano S, coming in at a close second. You get two buttons, one screen and that is all you really need to control your device. The Ledger Nano X was stripped down to the bare essentials and it definitely works nicely.

nano x ledger

Say “Goodbye” to Cables With the Nano X

Ledger has been using the slogan “Protect your crypto assets anywhere go”. There’s a good reason for that! The Ledger Nano X is now bluetooth enabled. This means that you can connect it to your smartphone with Ledger Live Mobile app and safely transact anywhere. All Bluetooth communications are encrypted end-to-end to protect against any security threat. This is in a lot of ways is a real game changer and one of the strongest reasons to get the Nano X – mobility.

Save 50% on Ledger Nano S – Take advantage and order now – Official Ledger Store.

nano x mobile

More Cryptocurrencies

The Ledger Nano X can store up to 100 applications at the same time, including Bitcoin, Ethereum, XRP and many more. Manage all your assets on the same device, at the same time.

Improved Security

Your crypto assets stay safe even if you lose your device. Simply use the 24-word recovery phrase provided during the initialization of your device to restore your accounts on any Ledger device. The Ledger Nano X offers state-of-the-art security: your private keys are safely isolated inside the device’s certified secure element (CC EAL5+), the same chip used in highly secure applications such as credit cards and passports.

Is the Ledger Nano X Worth It?

ledger nano x worth it

With the Nano X, Ledger has managed to prove once again that hardware wallets can be pushed farther, made more accessible as well as user-friendly. While functionally similar to the Nano S, the Nano X stands out with its innovative new features, improved security, and slick stealth design. If you haven’t yet invested into a crypto hardware wallet or are just looking for a backup, the Ledger Nano X will serve all your crypto safety and storing needs – in style! Take advantage and order now – Official Ledger Store.

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Grin (GRIN) Cryptocurrency Listed on KuCoin – Does it Live Up to The Hype? 6495

grin coin gpu mining

Imagine if you had the ability to go back in time and become one of the first people in the world to mine an experimental piece of technology called Bitcoin. Would you do it? Well, you might potentially have your shot with Grin (GRIN) coin.

Grin Coin Could Revive GPU Mining

Lately, Grin has been generating a lot of excitement in the crypto community and it, along with MimbleWimble, might signal the revival of GPU mining. It has been in the works since late 2016 and it is a fully donations-based project that was launched fairly. It is not an ICO, it is not pre-mined and it doesn’t have founders rewards. In a lot of.investors’ minds it kind of pattern-matches to a bitcoin 2.0

In short – Grin is a privacy coin that uses the MimbleWimble blockchain protocol. A  coin with no amounts, no addresses, and it scales by leveraging cryptography to allow most of its past transaction data to be removed.

Listed on KuCoin Exchange

The Hong Kong-based cryptocurrency exchange has just listed Grin (GRIN) and it is now available to buy and sell. Supported trading pairs include GRIN/BTC, GRIN/ETH and GRIN/USDT.

buy grin exchange

We can only speculate on what comes next, but if Grin follows a path to other mineable cryptocurrencies such as Ravencoin we could see a Binance listing earlier rather than later.

Meant for Spending Not HODL’ing?

private spend grin

However, it should be noted that Grin has its own downsides. It is highly inflationary, especially in its early years. There is literally one Grin coin mined every second. It’s actually a block per minute containing 60 coins. There will be no adjustments to the supply, no maximum cap, nor will there be any deflationary halving events to look forward to. In a sense, Grin is designed to be a private digital currency not a deflationary store of value.

Currently Available at a 97% Discount

grin inflation

Grin’s emission is interesting, to say the least. With an infinite amount of coins and a linear supply schedule, it will mean that it will remain under extreme amounts of sell pressure in its early days. The initial surge spiked the coin’s value to as much as $261, which was quickly brought down to the ground by crypto miners. At the time of this writing, you can buy Grin (GRIN) at a 97% discount via Kucoin, currently trading at $4.40.

Right now, Grin seems to be following a similar pattern to Ravencoin. Another mineable cryptocurrency with huger initial inflation that managed to break out of its slump with a vengeance as well as eventually being listed on Binance. It’s logical to assume that Grin (GRIN) could follow a very similar path as well.

As far as mining is concerned there is still an opportunity for first-movers to take advantage of the high rewards from early mining. Just as long as you have the right hardware of course. If you’re not in a position to mine coin you can still pick up some Grin (GRIN) at a relatively cheap price via an exchange.

Conclusion

Overall, if you’re looking for a get rich quick altcoin then Grin (GRIN) is probably not for you. Grin was launched on Jan. 15th 2019. It’s still a very young and experimental implementation of blockchain technology but so was bitcoin at one time. If you feel confident a 97% is as good of an opportunity to pick up a few Grin (GRIN) at Kucoin.

It might not be Bitcoin, but it just might pay off in the long run.

Beyond Bitcoin: 5 Real World Benefits of Blockchain Technology 7070

blockchain technology

In 2017, there was a massive rise in the value and price of Bitcoin, a digital currency based on blockchain technology. However, the sentiment suddenly turned sour in 2018 and now people are beginning to question the true value of blockchain. The problem is that blockchain is often misunderstood, preventing quicker adoption by companies.

Let’s clear this up for once and all.

Simply put, Bitcoin is not blockchain. More accurately, Bitcoin runs on blockchain technology. If Bitcoin is a computer program, then blockchain is the operating system on which Bitcoin runs.

Before we dive into the business benefits of blockchain, we need to first understand what it is, and what types of blockchains are available.

What Is Blockchain Technology?

Blockchain is a distributed ledger technology containing permanent and tamper-proof records. Its defining characteristics is that it is decentralized, permanent, and requires consensus to validate transactions. With low trust levels in our societies, blockchain is an emergent technology that aims to restore trust when doing business with others.

block chain

Imagine a spreadsheet to which many people have access. Instead of storing this spreadsheet on a single and centralised server, access to this spreadsheet is distributed—or decentralized—as each person has a copy of the same spreadsheet. If a person wants to update a spreadsheet entry, every other person with the same copy must reach consensus and approve this update. This is done automatically without any middle intermediaries.

The problem with centralized data storage or with using third parties is that there’s nothing stopping these intermediaries from behaving maliciously. A company running a centralized server could tamper with the stored data. An intermediary might play favorites or get corrupted by opportunists. It’s no wonder many have issues trusting other parties when doing business.

Blockchain solves this problem by tamper-proofing all records, eliminating single points of failure, and removing the need for intermediaries. People could do business with each other using smart contracts on the blockchain. A smart contract is a digital contract that automatically executes once pre-agreed conditions have been met.

Data exchange on the blockchain involves digital currency transactions, legal agreements, or valuable information between two or more parties. Instead of a single authority, blockchain uses a peer-to-peer network of computers (or nodes) to verify transactions using consensus mechanisms such as Proof-of-Work (PoW), Proof-of-Stake (PoS), or a hybrid of the two. The purpose of these consensus mechanisms is to prevent tampering and to ensure that all nodes are in sync.

There are several subtypes of blockchain:

  • Public
  • Private
  • Consortium

Each has their pros and cons, with the consortium blockchain incorporating the best features of both public and private blockchains.

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