By mining cryptocurrencies, we mean the computational power, time & effort that a miner invests to ‘Mine’ a particular coin. This computing/processing power is pooled by ‘miners’ (who are otherwise individuals operating powerful computers). These miners operate a single or multiple powerful processors (known as ‘mining rigs’) that work on the network to solve complex transactional problems.

The Blockchain is a specialized kind of database used for the storage of essential data and information. Since it is a database, one can store information involving different types of  digital data.

The Chainalysis study, Bitcoin payments have shriveled over the course of the year, which is an indication that the cryptocurrency bubble has burst. This contributed heavily to the crashing crypto prices. The premiere blockchain analysis firm disclosed that BTC transactions tanked by 80% to $96M USD in September 2018.

blockchain-based phones either has a connection to functional lineage or goes beyond it. Obviously, the first batch of these devices will target those in the cryptocurrency world.

The sudden downward surge was chiefly attributed to the Bitcoin Cash (BCH) hard fork which stirred controversy. The hard fork is a protocol upgrade that happens twice every year to enhance security and upgrade systems.

The most secure options are probably a hardware or paper wallet
A hardware wallet is a small device that typically connects to your computer via USB. It stores your private keys entirely offline. A hardware wallet, however, is a little less convenient, as it must be plugged in and verified for each transaction.

many companies are employing it to improve their business processes. By providing a secure, decentralized and immutable ledger, blockchain technology has become indispensable in ecosystems where data integrity is critical. Therefore,  it is considered as a possible solution to the challenges presented by elections.

According to the Center for Public Integrity, there are at least 20 candidates who have been requesting or received cryptocurrencies for their campaigns.  Three candidates out of these were contesting from a state which has banned cryptocurrency funding.