Corda Architecture Working Group – 2017/08/10

Normal crypto-coins are a code-based holding built to be used as an item of trade. Additional crypto-coins may be created via mining. Everyone is able to do this by using their computer.

Mining uses a large amount of time and electrical energy, however. A high-powered machine is also needed, to do this profitably. Conversely, XRP is a centralised resource, which can't be mined. A fixed number of units were made by the firm and this amount will never be exceeded. 

Keen to purchase crypto? Ordering it is quite straightforward but one must be careful, whenever making an online purchase of any kind.

Right now, over half of all buys are carried out over the internet. Online shopping is straightforward and easy, meaning that more and more people are turning to this method as opposed to battling the crowds in the malls. The internet also allows anyone to do more effective analysis and pick-up the best deals. However, there remains a murky side to e-commerce. Here are the important rules, one must learn.

Always buy from your house/apartment. Hackers may easily access your data when you make use of non-private wifi services, which means it is safer to order from your abode than in internet cafes. Don't attempt to make purchases while passing through bus stations, guesthouses or other free free wifi zones.

Beware of Twitter/FaceBook links. You cannot rely on these types of deals as the majority of URLs are shortened. This means you can't be sure that the link takes you to a proper site.

Pay with your credit card. Never use a debit card. More than 50% of debit cards require that fraudulent purchases be reported within a couple of days to obtain limit liability. Do not wire money to companies. You cannot get your cash refunded should you do this. Be sure to examine credit card bills. Put online receipts in a separate email folder, then you may crosscheck transactions.

Don't supply any excess information. You don't have to provide your driver license number. Don't reveal your social security details either. Should any website demand this info, it is untrustworthy. Select complicated passwords that you still can recall. If your device to store passwords, always select 'No'. Should somebody gain access to the machine that person could discover your credit card number and code.

Do not get caught out by gift card cons. When you get an email and it says you can be sent a gift card but also requests your credit card details, delete it. Legitimate businesses will never seek such sensitive info. Please remember this, because it's necessary that customers act wisely when shopping online. Buy from home and be certain that the company is for real.

Be sure to add our site to your favorites and come back regularly to find out about anything taking place with XRP.