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The financial system is going through a revolution and the blockchain technology is making cryptocurrency transactions more efficient, more transparent and more global. As investments are on the rise in the world of cryptocurrency, the need for storing has also become eminent.
A cryptocurrency wallet works exactly the way your real bank account works. It stores your digital finances the perfect way.
Morocco join a short list of countries where you can get fined or arrested for using bitcoin.
Although, Bitcoin does sound like a lucrative option but unlike Ethereum, this cryptocurrency has a cap! There is only a specific number of Bitcoins which can be generated and they are limited to 21 million. Also, the mining process works based on solving complicated math problem every time you are opting to start a new blockchain.
In case of Ethereum things run a bit differently...
On Sunday around 8:00 p.m. London time, it hit a record high of $8,101.91, according to data from industry website CoinDesk
The rally comes on the back of a huge sell-off on Sunday, November 12, where the price of bitcoin fell to around $5,500
That low, to the record high on Sunday, marks a more than 47 percent increase in the cryptocurrency's price
Bitcoin faucets (they can be for any cryptocurrency) are a reward system, in the form of a website or app, that dispenses rewards in the form of a Satoshi (1 Satoshi = 0.00000001 BTC) for visitors to claim. These rewards are dispensed at various predetermined intervals of time. And can be claimed by either completing a captcha or task as described by the website. There are real faucets giving away hundreds of dollars! Just find your way and try the proven ones :)