In this day and age, money tends to have a habit of being too volatile for most practical purposes. For instance, your money at the bank tends to slig
In this day and age, money tends to have a habit of being too volatile for most practical purposes. For instance, your money at the bank tends to slightly depreciate in value when you are converting it from one currency to another which you might not feel, but it itches to know that you could have received a bit more had you used alternative means of payment. This is the reason why the modern world has been moving away from conventional currency and into the safer, private, more secure world of cryptocurrencies where you mine your own coins and can choose to make a purchase with them or even sell them off on exchanges.
One such currency is the Clams cryptocurrency, a digital form of exchange that is completely decentralized thus providing for no attack vector or single point of weakness, a strength that has enabled it to survive this far and be able to grow in popularity to the extent that it even outweighs national currencies by far. This could be due to the difficulty involved in mining the currency which required cryptography schemes of work to ensure that the currency is accurate, verifiable and legitimate. Owing to the fact that this is a peer-to-peer network, you are your brother’s keeper and everything that happens on the mining networks is totally transparent. As such, you will rarely get duped when transacting with Clam as the ledgers show each minute transaction that takes place and whenever you make a transaction, it is the money itself that moves thus assuring the integrity of the transaction.
Clams have been mined over the past few years and have been gaining quite some popularity due to the very significant features it possesses which make it quite different from traditional paper based currency. Being totally digital, Clams transactions and even the mining itself is hardware and software based thus doing away with the need for a paper trail that often discourages most people from doing business. It is virtually impossible to hack the currency as it gets its strength from making itself increasingly harder to crack and it would take a really powerful computer and hours of computing to be able to break the hashes that hold the digital currency together. This safety makes mining bitcoins even more lucrative for newcomers as well as seasoned miners who gain from the computing they make to keep the cryptocurrency alive and evolving.