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Top cryptocurrency hardware wallets for Ripple

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Some of the most promising cryptocurrency hardware wallet providers for Ripple. Check out the best ripple wallet hardware that are available.

Some of the most promising cryptocurrency hardware wallet providers for Ripple

 

Cryptocurrency wallet is basically a piece of software which stores all the public and the private keys which we use in order to undertake transactions with our cryptocurrencies. It is highly advised that a particular trader, after the completion of trades on any cryptocurrency exchange, store them into his personal cryptocurrency wallet. This is to prevent the losses of the cryptocurrencies, due to the hack attempts on the cryptocurrency exchanges, as one of the most popular sayings goes

“Better be safe, than sorry.”

The decentralization due to the cryptocurrencies has bought the vaults used by the banks to store our funds in our smartphones, computers, as well as other handheld devices. Hardware wallets are synonymous to cold storage devices, unlike the hot wallets (like web wallet and software wallets) they are considered to be one of the safest means to store cryptocurrencies as they are completely disconnected and offline.

 

Below are the top 10 hardware wallet one can use to store the Ripple cryptocurrency:

 

  1. Ledger Nano S

One of the leading Bitcoin security companies in the world is, France based, Ledger. The company has a stronghold in wallet providing the industry with expertise since the year 2014. It is one of the most preferred ways to store Ripple in Nano S wallet for a prolonged duration of time in an easy manner. The key feature of this hardware wallet is that it supports a suite of cryptocurrencies to choose from.

 

  1. XEEDA

It supports the most popular cryptocurrency coins such as Bitcoin, Bitcoin cash, Ripple, Ethereum classic, ERC 20 tokens and others as well. XEEDA ensures a hack-proof as well as a tamper-proof hardware wallet. It also provides an integrated mobile app which can be used for faster access of the encrypted data in the hardware wallet by simply connecting the wallet to the smartphone. Initiating as well as managing Ripple transfers have been made very seamless by this hardware wallet.

 

  1. CoolWallet

Apart from Ripple, the cryptocurrency hardware wallet even supports Bitcoin, Bitcoin cash, Ethereum, and many other popular cryptocurrency coins. It is also certified to be the only hardware mobile wallet for Android and IOS smartphones. The cryptocurrency coins are stored in an EAL5+ certified microchip of the physical device. It can securely communicate with the smartphone with help of the encrypted Bluetooth facility, without any physical USB connections.

 

There are other various cryptocurrency hardware wallets available in the market with which are yet to include Ripple into its portfolio:

  • One of the most popular ones is Bitlox. The credit card form factor hardware wallet is just 4 mm thin, popularly used to store Bitcoins. Even when the wallet has no power supply, its advanced e-paper display technology can show the address QR codes. The hardware wallet can be charged with micro USB of any specification. The 25-gram handheld device internally calculates all the transaction fees and leaves no surprises for the user.

 

  • KeepKey is another most popular hardware wallet which provides the bank level security to our cryptocurrencies. The cryptocurrencies supported by this hardware wallet is Bitcoin, Litecoin, DASH, and Ethereum. It even provides an instant and a secure connection to the cryptocurrency exchange like ShapeShift. The major advantage of this hardware wallet is that it provides the most powerful backup system. The $99 device is easily compatible with operating systems like Windows, Macintosh, and Linux.

 

Closing remarks

When compared to the web wallets, software wallets, as well as the wallets provided by the cryptocurrency exchanges, the hardware wallet proves to be one of the most secure ways of storing the Ripple coins or any other cryptocurrency for that matter. Sustaining in the cryptocurrency market is challenging due to the insecurity that the centralized cryptocurrency exchanges and online wallets providers pose to the investors. Safeguarding our investments solely is our responsibility. Many investors in the field do not opt for Hardware wallets from to the pressure due the free services that the online wallet providers give provide. It is an undeniable fact that hardware wallets provides unmatched security.

#Bitcoin

XRP is now #2 Cryptocurrency, Ripple overtook Ethereum

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XRP is now officially the #2 cryptocurrency in the world with over $2.4 Billion Market Cap. The recent increase in the market cap was due to the rapid surge in Ripple Price after the XRapid Launch news was published.

The market cap of Ripple is now $23555443, which just surpassed Ethereum’s market cap of $23367070

Bitcoin Market cap stands at #1 at $116228274

 

Ripple Price Rise

XRP  Price broke all the obstacles and went to a swift uptrend against both Bitcoin and US Dollar. With the surging price, the total market cap of the cryptocurrency also noticed an enormous hype making Ripple the #2 Cryptocurrency after Bitcoin; beating Ethereum on the Cryptocurrency Market Capitalization list. More and more banks are utilizing the Xcurrent platform including the recent adoption by PNC , USA’s top financial services group.

 

Ethereum Price Decay

The former #2 cryptocurrency Ethereum noticed a vast decay in the previous few weeks with the reasons starting from large OTC selling by ICO’s (Initial Coin Offerings) and the ethereum miners backing out saying that ‘Ethereum Mining is no more profitable’. Ethereum price dropped down from whooping $450 in August to $190 a few days back. This has resulted to a huge number of prominent investors and traders opting out of the Etheruem Cryptocurrency stating that Ethereum has no future now.

 

Can Ripple Maintain the #2 position now or will Ethereum take back revenge? What are your thoughts on the same? Tell us in the comments section below.

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#Tron Price Analysis

10 reasons why TRON TRX price can increase massively this year

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One of the biggest reason for Tron’s (TRX) massive increase in price is its continued growth with its fundamental strength. TRON price will increase.

What is TRON?

TRON is a decentralized platform based on Blockchain and aims to build a digital content sharing platform eventually leveraging peer to peer (p2p) blockchain system. TRON first founded by a non-profit Singapore based foundation, and this foundation is specifically seeking to distribute the global entertainment industry.

Presently, lots of user data and traffic managed by a few corporations like Google, Amazon, and Facebook & Snapchat. TRON creates some serious steps to control by placing ownership of the data back into the creator’s hands.

 

Features of TRON

There are some key features of TRON, given below

  • TRON wants to heal the Internet with its entertainment features.
  • Data liberation; free and uncontrolled data.
  • Content-enabled ecosystem, where users can obtain digital assets from content spreading.
  • Personal ICO with the ability to distribute digital assets.
  • Different infrastructure which allows distributing digital assets exchange (such as games) and marketing forecasting.

 

Advantages of TRON

TRON has the biggest advantage, is its good team of developers, advisers, and investors. It’s CEO is Justin Sun, who is the protégé of Jack Ma, the founder of the Alibaba group and other advantages the fact about data creators, which are the data ownership of central and also the users on the Tron network are entitled to proportional profits granted by rules. Tron has an idea to administrate free service platforms for the public. That’s why it is operated and designed to serve the masses that enjoy entertainment content around the world.

 

Reasons for the massive increase in the price of TRON

If you are having feelings like the heat just because of the price of TRON. Well, don’t be.  This is a right time to get yourself a bit rich with the massive increase in the price of Tron. That is because what is happening now in the market is that wide crash that has seen previously in all cryptos shed a good portion of their value, with bitcoin dropping below $7700. While everything else has risen again, Tron (TRX) is in an incredibly good position with its risen up again by even bigger margins.

 

Here are the reasons why TRX price could rise:

The Mainnet Launch

In the previous scenario, just a few months ago Tron was in deep fall and it was migrating from the Ethereum blockchain to its own blockchain. But besides all this, several major exchanges have announced to support for the Tron migration, indicating that this event will be a major success as it is a strong enough reason to get into Tron at today’s prices, which reap big once the main net goes live.

 

Tron’s Drawing more in developers

In the Tron (TRX) case, its success completely depends on the team which has been pushing hard to woo Ethereum developers to the project. Tron team has used airdrops and other rewards to achieve this end. Giving them those incentives are worthwhile and one can expect the faster completion of project milestones, which will serve to further drive up the price.

  • One of the biggest reason for Tron’s (TRX) massive increase in price is its continued growth with its fundamental strength.
  • The other important reason for the massive growth is because it led by an aggressive and ambitious leader. Justin Sun, the CEO of Tron, has not only overseen the fast-tracking of milestone deadlines, but he has also decided that he wants Tron to be a top 6 coin in crypto ranking.
  • It had been hovering in this position for the last few months, until a few deep altcoin drops of the last few weeks. TRON’s peak coin price will be again high as eight cents just in a short duration.
  • From the beginning and the new holders who recently have joined, It sees a movement of about $200 million each day, give or take, and this spread across the major trading coin out there.
  • According to the price predicting; fiat trading is still extremely unrepresented here. That means is going to have an enormous opportunity to crack more fiat selling with a massive increase in prices and growth parallel.
  • Tron’s strong & steady strength which makes it continuously moving and this is also the reason for a massive increase in the price of Tron.

 

Note: This article represents only the opinion of the writer. The article is not, in any way, an investment advise. All cryptocurrency investments are risky and you should do your own research and analysis before buying or selling any digital assets including TRX.

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#NEO

Is NEO Dead? Does it have a future?

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NEO has a 100% pre-mine as well as proof of stake model which allows users to derive additional coins in the form of GAS, by holding them in the wallet.

What is NEO?

NEO is a blockchain platform and cryptocurrency designed to build and scalable network of decentralized applications. The base asset of the NEO blockchain is non-divisible NEO token which generates GAS tokens it can be used to pay for transaction fees generated by applications on the network.

 

NEO is often called Ethereum of China

The reason behind is NEO is positioned as a “public cloud” and it’s a part of a bigger strategy by the Chinese government in establishing of pre-eminence as a Blockchain platform industry leader. They want developers should use their tools and platform and develop the ecosystem.

 

Features of NEO

Delegated Byzantine Fault Tolerance (DBFT) algorithm

This is a consensus mechanism (instead of the traditional proof of work/stake) that allows the system to resist and maintains consensus even if some nodes bare malicious intentions.

 

NeoX

This system is to create the ability and to execute and operate across various blockchain.

 

NEO Contract

It is for creating the mechanism with smart contracts seamlessly in scalable, high-performance environments and that integrates pre-existing codebases.

 

NeoFS

This is a service which allows decentralized storage (like peer-to-peer Dropbox).

 

NeoQ

A matrix-based cryptographic mechanism, which create problems and  that cannot be solved by quantum computers to ensuring being quantum proof.

 

Reasons why NEO has no future:

1. NEO has a 100% pre-mine as well as proof of stake model which allows users to derive additional coins in the form of GAS, by holding them in the wallet.

2. NEO distributed coins through a crowdfunding event which allowed people to invest but NEO still made money from the sale and this is not the right thing to do.

3. NEO is divided into two batches of 50-50 million and somewhere somehow it is going to affect its future in the crypto market.

4. NEOs fund releasing is in multiple forms and this cause market dumping with some of it affects price & morality.

5. It has seen NEO attract criticism from those who consider it not to be a true cryptocurrency as its lack of decentralization.

6. NEO was built on the very badly written code exposing the network to major vulnerabilities and that its consensus mechanism was not properly implemented.

7. There is a bug ‘deep in NEO’s peer-to-peer protocol.

8. Every blockchain has its technical problem to solve, and there is no reason why NEO can’t overcome its teething troubles and alleviate over-centralization concerns given time.

9. Communication is one of the strong points for any team, but in NEO, it muddles on silence, the dissenting voices are getting louder.

10. The other major issue affecting NEO is its main use, in present springboard for ICOs. These type of projects need to prove themselves by adding some real values and more usability for NEO ecosystem.

 

The article represents the opinion of the author and is not an investment advise. You are required to do your own research and analysis before taking any decision.

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