Multi-player Signature Account Explained.

By Diutocoinnews

Multi-signature Accounts, as the name goes is a multiple signature or approval for one account. This simply means a feature where more than one person’s approval is required to process a transaction. Multi-signature accounts is beneficial to the Securityof the account and also beneficial to companies managing funds together. In this type of account, no…

How To Make Money With Bitcoin

By Diutocoinnews

The world is evolving and Blockchain Technology is taking over. The new mode of payment aside fiat which is cryptocurrency is gaining wide adoption. Bitcoin is a digital money or currency that is used for online transactions leaving no trace of the sender or receiver’s identity. That is the beauty of Blockchain Technology. Anonymous Transactions.…

Why Blockchain Adoption May Literally Fail In Nigeria, Africa.

By Diutocoinnews

Many cryptocurrency activities have been evolving around Nigeria. Many individuals seem to be reluctant to the new technology and means of exchange which can help reduce the rate of poverty in the country. Nigeria has a very big population that can put it through the Cryptocurrency Market towards a better live for her citizens. It’s…

A PEEK INSIDE BLOCKCHAIN

By Diutocoinnews

WHAT IS BLOCKCHAIN It is a shared distributed ledger that exits in various computer network at the same time. LIFE EXAMPLES ?Record your sales and purchase of raw materials on the blockchain. ?Even your bank statement can be on the blockchain ?An excel tracking all hosiptal records. BOOK ANALOGY IMAGINE BLOCKCHAIN AS A BOOK Book…

How Blockchain Technology Is Different From Traditional Technology.

By Diutocoinnews

1. The problems of trust. You don’t need to trust the admin/owners to trust the data. Example : in a supply based centralized solution, how can you trust the raw material available in inventory without trusting the inventory manager? Technically you cant. The root admin or data owner who is tracking the inventory can easily…