As of today, you can instantly purchase Storj on HolyTransaction, transfer them to any HolyTransaction’s customer for free, and do crypto-to-crypto swaps between your Wallet Storj and more than other 30 cryptocurrencies.
The Storj project provides for a decentralized cloud storage facility and is originally pronounced as “storage“.
Storj’s main aim is to rent a space on the secondary storage devices of the members of its network and pay them in cryptocurrency, for their service they provide. Therefore, Storj’s native cryptocurrency token is STORJ, which can be stored on HolyTransaction now.
“The main difference between Storj and other decentralized cloud storage platforms is that Storj only uses blockchain to manage payments and not to store data. This is due to the high cost and slow speeds found in blockchains. For example, even the fastest blockchains process data/payments in seconds. Meanwhile, traditional cloud storage solutions, like Amazon S3, can store files in milliseconds – many orders of magnitude faster than even the fastest blockchains.”
Shawn Wilkinson (Founder of Storj)
The Storj platform offers online storage similar to Dropbox or Google Drive, but does so over a distributed network. Renting out unused extra space on our hard drives is referred to as, Farming, for instance. The process as simple as downloading a client from the network, choosing the amount of space to be rented, and a wallet address to store the incentives received in the form of cryptocurrency.
All HolyTransaction customers can create a new address for STORJ and use the simple HolyTransaction Web Wallet to send and receive transactions or to instantly convert them to any other cryptocurrency.
Just like with Bitcoin, you can:
To add Wallet Storj just click on the “plus” button you find at the top right of the balance page, once you successfully enter into your wallet.
You can find the “plus” button to select the wallets you want to see in the main page like shown in the picture below:
We’re excited to be part of the STORJ community!
NOTE: Our multicurrency wallet can store more than 30 cryptocurrencies, including: Bitcoin, Dash, Ethereum, Dogecoin, Litecoin, Decred, Zcash, Dai Stablecoin, DigixDao, Augur, 0x Project, Gamecredits, Enjin Coin, Blackcoin, Gridcoin, Aidcoin, Peercoin, Syscoin, Groestlcoin, Power Ledger, BAT, BlockV, PIVX, TrueUSD, Cardano, and STORJ among the others.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
The digital age embraces new technology and adapts to it very quickly. Nowadays, investors have an opportunity to diversify their portfolio with digital assets and not just physical ones. However, while digital assets have risen in fame in the last few years, their volatility and unpredictability have investors question whether or not these types of investments are actually safe. On the other hand, gold has always been a “safe bet” among investors.
The main reason is that gold is an excellent hedge against inflation, global instability and economic crisis. As for Bitcoin, many people have claimed that it’s the digital gold, but so far, Bitcoin was unable to provide the same level of investment security as gold. Many people still wonder if Bitcoin and gold are correlated. When comparing prices, the Bitcoin price is certainly very volatile, while gold pretty much retains its price with slight variations. Here’s more insight into the correlation between gold and Bitcoin.
As mentioned before, investors have an opportunity to opt for digital assets instead of just physical ones. The rise of Bitcoin’s price in 2017 that was alongside a price increase in gold made people believe these two assets are correlated. However, people who invested in Bitcoin did so mainly because this digital asset was unregulated by governments and they intended to reap the benefits of that situation.
On the other hand, people investing in gold were looking for a safe investment to secure their funds, as gold is usually used for that. In other words, the cryptocurrency market was explored by investors who were speculating on the outcome, while gold was sought after by investors looking to secure their funds. Simply put, there was no direct correlation other than the investors’ interest in both assets during the same period.
The difference between the assets upholds their lack of correlation. Gold is a physical asset, which means its use and properties are much more flexible than Bitcoin which is purely a digital asset. Gold has inherent value, it can be used in various industries and has cultural value as well. That means that gold is, and will always be highly sought after and on high demand. That’s why the gold price has remained steady throughout the years compared to Bitcoin prices that experience extreme volatility. For instance, Bitcoin reached its top price of $17.900 on December 22, 2017.
On the 5th of February, 2018, the price of Bitcoin fell to $6.200, which is more than 50% decrease in less than two months. The price of gold is determined by the global economic situation and demand, whereas digital assets are unregulated and their prices are uncertain at best. For example, gold prices go up whenever there are fluctuations in the stock market. Investors prefer an asset that can secure their funds or even yield a profit as opposed to an asset that’s too risky.
The gold market is more mature and well-developed, as well as regulated. On the other hand, the crypto market is fairly new and still in the process of adjusting. The increased popularity of digital assets also leads to the adoption of more cryptocurrencies. Aside from Bitcoin, there are over a thousand different currencies on the market. However, not all currencies are sought after or have the potential to become investments. That’s why the crypto market still cannot correlate with gold, but that doesn’t mean digital assets won’t experience more stability in the future.
Even though the idea behind Bitcoin and blockchain technology was originally to be unregulated by officials and decentralized from a banking system, it seems that it does require a bit of regulation in order to stabilize and operate on an optimal level. The lack of security and safety does force investors to tread carefully when investing in cryptocurrencies, whereas gold can provide certain security even in the worst of scenarios.
So far, experts have been arguing about the existing or nonexistent correlation between gold and Bitcoin. Regardless of the current situation, there’s undeniably a relationship between the two. Both assets are considered hedges against inflation and global economic difficulties. However, gold is still perceived as a more stable investment than digital assets.
The fact of the matter is that whenever cryptocurrency value decreases, gold prices go up, as investors return to their “safe haven” investment. The main reason is digital asset volatility. Increased volatility means greater risks and investors would prefer not to risk it, making investments that are meant to secure their funds. With that in mind, when the digital currency market stabilizes, the relationship between these two assets may improve and there may even be more correlation between them as well.
Whether there’s a correlation between gold and Bitcoin is still debatable. Where one party sees a correlation, others see coincidence. That’s why it’s difficult to determine the relationship between these two assets. As for now, gold is considered a less risky and a more flexible investment, whereas Bitcoin, although perceived as a hedge, is considered too volatile to overtake gold. From an investor’s point of view, gold and digital assets are two very different assets.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Living in a world of technology, where news through social media and live broadcasting is at our fingertips; it would be foolish to presume that the readers are oblivious of the word “cryptocurrency.”
All of us must have heard this word cryptocurrency on the media and if not there, then at dinner parties surely. But unfortunately, just knowing the word doesn’t mean you can interpret or pick what it is and how does it work.
No worriment, you are not all alone, despite the hype and press releases there is an overwhelming majority of people who have insufficient knowledge about cryptocurrency including bankers, finance dealers etc. Now let’s discover what the fuss is all about, reading the article will end up providing you the information more than most of the people.
Cryptocurrency a digital asset
“Cryptocurrency will do to banks what email did to the postal industry”
The comprehensible definition of cryptocurrency: “A cryptocurrency is a digital or virtual currency.” but why it is called “Crypto” currency because it uses cryptography for security.
Or it is a digital medium of exchange that uses encryption to secure the process involved in the transaction. The encoding process makes it impossible to counterfeit the cryptocurrency; therefore making the fund transfer safer between two parties.
You can easily find more than 800 digital currencies in the market and Bitcoin is just one of them. Need to mention it as many people think that cryptocurrency and Bitcoin is the same thing with two different names. Like cryptocurrency is a whole tree and Bitcoin is just a branch of it.
Although, Bitcoin is the world’s oldest and well-known cryptocurrency, like any other digital currency it is not regulated or backed by the government. Sir Richard Charles said, “There will be other currencies like it that may be far better, but in the meantime, there is a big industry around Bitcoin.”
You might have heard the words Etherium or Litecoin, just other names of Cryptocurrency. Moreover, the name, symbol, and the price of the cryptocurrencies can be different depending on its end goal. When bitcoin first arrived, they were intended to be a way for the world to break away from banks.
The use of cryptocurrency
Other than just an increase in value, many other reasons make it imperative for users to own it. It bestows the possibilities that no other currency allow. For example, the following
Conclusion
The market for cryptocurrency is rapid, vast and wild. Every day it takes a new twist and turns; the new currencies pop up, an old one dies, early adopters get rich, and investors suffer losses. But the fact is that people all over the world are buying cryptocurrencies, investing in it as they are sure that cryptocurrency is here to stay and change the world and that’s an undeniable truth.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
The skepticism around cryptocurrencies, specially at the beginning of the blockchain era, was very high.
Things, however, are much more different now.
In 2017, the popularity and value of cryptos literally skyrocketed as the fame of some crypto-investors did.
The various features and benefits of the blockchain, which have allowed its incredible growth, probably are still misunderstood by many. But everybody knows someone who have become millionaire/billionaire thanks to this technology. And probably this has a lot to do with all those “normal” people who tried to invest in BTC. Money has been their drive.
Instead, (many of) the ones who earned real fortunes were prepared, competent and profoundly committed to a higher vsion.
Below, you will see a list of 15 crypto kings that are making history with their engagement in the field of cryptocurrencies. Check out the infographic below provided by our friends of BitFortune.net to learn all about these people.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
If you thought about holding or exchanging BAT Token, now you can do so directly with your HolyTransaction Universal Wallet.
It’s now possible to add BAT wallet to your dashboard and use it to access and exchange 21 different crypto, instantly. This is just one of the many recent adoptions, which we are proud to announce and that brought the number of cryptocurrencies accepted on our platform to 21.
Now you are free to store BAT on HolyTransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from and to BAT. All HolyTransaction customers can create a new address for their own BAT Token Wallet.
BAT Wallet features
Just like Bitcoin and all the other 20 digital currencies supported, you can now:
If you are not able to see your newest BAT Wallet, you just need to click on the “plus” button on the top right of the balance page, once you successfully login into your own wallet.
Basic Attention Token:
Introducing a decentralized, transparent digital ad exchange based on Ethereum Blockchain.
Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain. The token can be used to obtain a variety of advertising and attention-based services on the Brave platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.
In the ecosystem, advertisers will give publishers BATs based on the measured attention of users. Users will also receive some BATs for participating. They can donate them back to publishers or use them on the platform. This transparent system keeps user data private while delivering fewer but more relevant ads. Publishers experience less fraud while increasing their percentage of rewards. And advertisers get better reporting and performance.
The first part of the solution, the Brave browser, is already operational. Brave is a fast, open source, privacy-focused browser that blocks ads and trackers, and contains a ledger system that anonymously measures user attention aggregate to accurately reward publishers.
Discover all the details on the official website https://basicattentiontoken.org
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Blockchain technology has often been confused with cryptocurrencies.
This is the reason why people barely understand this crazy crypto world.
Indeed, we can say cryptocurrencies are projects born and raised on the Blockchain technology. We have to look at them as startups, which try to transform a sector or an industry providing a solution based on their coin.
In fact, the core strength of Blockchain lies in the capability to allow the exchange of data securely, anonymously and in a decentralized way; keeping them unchangeable.
Data mean money, votes, info, intellectual property and so on.
This is precisely why it is a revolution. Now maybe you can better understand why some fundamentals values of the blockchain scares government and authority. Being decentralized means NO MIDDLEMAN.
Moreover, we are glad to provide the more curious ones, with this compelling infographic which explains the transformational impact of the Blockchain Revolution on various industries.
Thanks BitFortune for sharing it with us.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
How about opening a Universal Wallet to hold and exchange your ZRX?
From today it is possible as we at HolyTransaction have decided to add ZRX to be among the 20 cryptocurrencies available on our multicurrency wallet and instant exchange.
So from now on you can store ZRX on HolyTransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from and to ZRX. All HolyTransaction customers can create a new address for their own 0x Token Wallet.
ZRX Wallet features
Just like Bitcoin and all the other 19 digital currencies supported, you can now:
• Send 0x Token to any address, even to addresses of other crypto, with instant conversion on the fly;
• Receive transactions;
• Exchange 0x Token with any supported coins;
• Make instant transactions between HT users;
• Get real time exchange rates on the website;
• Set OTP for additional protection.
If you are not able to see your newest ZRX Wallet, you just need to click on the “plus” button on the top right of the balance page, once you successfully login into your own wallet.
What is 0x Project?
0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. It is being used for streamline token trading in decentralized exchanges, executing off-chain orders via Ethereum powered smart contracts.
0x’s decentralized trading focuses on an off-chain ordering relay that cuts back on gas prices and reduces network bloat. Only value transfers are executed on-chain, leaving all other trading commands to off-chain procedures.
The creators have imagined the world to go around the Ethereum blockchain, allowing assets to have everything from digital game items to stocks, gold, and fiat currencies. They imagined tons of different types of tokens, and an opportunity for improvement. There is a huge possibility that by 2020 thousands of assets will be tokenized. In the future, all cross-blockchain solutions will allow cryptocurrencies to freely and move between blockchains, without limits. So the 0x Team created a form where people interested in building a relayer can connect with one another.
Do you want to open your 0x Token wallet? Click here.
Open your free digital wallet here to store your cryptocurrencies in a safe place, while always being ready to exchange it instantly.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Open your free digital wallet here to store your cryptocurrencies in a safe place.