24 Crypto Terms You Should Know

24-Crypto-Terms-You-Should-Know_web

Cryptocurrency is fast becoming the most important decentralized economic force of the 21st century. eCommerce and other merchants are now adopting crypto tokens and accepting cryptocurrencies at their online stores. If you want your business to thrive in the modern market, you should consider doing the same. To jump into the crypto market and fully understand what it means, you need to know some key terms. Today, let’s break down important crypto terms you should know as an eCommerce store owner or as a user of cryptocurrencies. Miner A crypto…

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NEO

NEO (NEO): An Open Network for Smart Economy NEO QUICK STATS The 9th largest cryptocurrency, with a total market capitalization of over 3 billion USD, NEO payment processing is available through CoinPayments. Since NEO rebranded from Antshares (ANT) in 2017, it has quickly gained momentum as China’s leading smart contracts platform. A currency inevitably compared to the Ethereum blockchain for their similarities, Neo and Ethereum are both open source, Turing complete platforms specifically designed to host smart contracts, initial coin offerings (ICOs) and dApps, respectively fueled by crypto assets. NEO…

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Syscoin (SYS)

SYSCOIN (SYS): A Decentralized E-Commerce Platform SYSCOIN QUICK STATS CoinPayments offers Syscoin payment processing options that allow merchants to receive, send and store Syscoin. Buyers becoming more aware of the benefits of blockchain technology can be drawn to a new type of buying and selling – a decentralized marketplace offering peer to peer transactions without the middleman. Syscoin claims to offer one of the most advanced e-commerce infrastructures available in the market, where assets, data and digital certificates can be traded securely and efficiently on the blockchain, for minimal network fees…

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Dash Coin (DASH)

DASH: Digital Cash You Can Spend Anywhere, Anytime, Globally   DASH QUICK STATS On January 18, 2014 a currency by the name of Xcoin (XCO), was released to the crypto market and it would soon be rebranded as a well-known cryptocurrency that we know today as DASH. Dash was built on Bitcoin’s core and it expanded on its code by adding a “2-tier node”. Unlike Bitcoin, whose transactions are published on the blockchain, Dash’s technology intends to have the liquidity and anonymity of cash through PrivateSend and InstantSend, functions performed…

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PURA Payment Processing

Pura (PURA): The Digital Cash Movement for the Common Good PURA QUICK STATS CoinPayments provides PURA payment processing allowing merchants and buyers to send, store and receive PURA. Pura is a self-regulated, private and secure cryptocurrency derived by the open source Dash code and preceded by Bitcoin. Pura supports the socially responsible way of decentralizing currency by using a layer of masternodes to reach consensus on network changes quickly and transparently. Pura is the first currency in the world that is programmed by protocol design to contribute up to 10%…

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Litecoin Payment Processing

LITECOIN (LTC): A decentralized, open source, peer-to-peer cryptocurrency LITECOIN QUICK STATS CoinPayments provides Litecoin payment processing options that allow merchants to receive, send and store Litecoin. Furthermore, CoinPayments was the FIRST crypto payment processor to integrate Litecoin payments. See our site from back in 2013 – you can also see how far we have come on the web design side of things 🙂 Litecoin is an open source global payment network that is fully decentralized on a secured network that empowers individuals to take control of their own finances. The…

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Monero (XMR)

MONERO (XMR): A decentralized, open source, security and privacy focused cryptocurrency MONERO QUICK STATS CoinPayments can provide Monero payment processing to merchants looking to accept, store, convert and send Monero. Being a Monero payment processor requires CoinPayments to stay up to date with all the latest feature additions, code and development updates to provide a secure connection with the Monero blockchain. Monero is an open source project focused on improving privacy through secure, private and untraceable transactions. By default, Monero uses cryptography to shield the transaction amounts as well as…

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