Matt Curcio VP Data at Ripple
Centralised crypto is a code-based asset designed to be employed as an apparatus of trade. New coins may be created via mining. Any person can participate if they've access to a device. Mining uses a large amount of time and electrical energy, however. A high-powered computer is also needed, to do this successfully. On the other hand, XRP is a centralised resource, which is unmineable. A finite number of units were made by the company and this amount will not be exceeded. Looking to purchase crypto-currency? Securing it is very simple but you should exercise caution, whenever making an online purchase of any kind. These days, in excess of fifty percent of all buys are completed over the internet. Online shopping is straightforward and easy, hence more and more individuals are choosing this method instead of battling the crowds in the malls. The web also enables anyone to perform more valuable analysis and pick-up the top deals. However, there is a shadowy aspect of e-commerce. What follows are the crucial rules, one need to follow. Only buy from home. Hackers can easily access sensitive information when you make use of free-for-all wifi connections, thus it is less dangerous to purchase from your living-room than in retail premises. Do not make purchases when connected to airports, hotels or other public free wifi zones. Avoid Twitter/FaceBook deals. Do not trust these types of offers as the majority of URLs are deceptive. This means you cannot know if the link brings you to a proper site. Buy with a credit card. Avoid using a debit card. More than 50% of debit cards require that fraudulent purchases be reported within a couple of days to qualify for limit liability. Don't wire payments to sellers. You cannot get your money returned should you do this. Make sure you look at credit card bills. Place online receipts within a separate email folder, so you may crosscheck transactions. Don't supply any additional details. You don't need to provide your driving license number. They shouldn't ask your social security details either. If any site request this info, be suspicious. Choose complicated passwords that only you can remember. If your computer offers to remember it, always select 'No'. Should someone else gain access to the machine that person could find your credit card information. Don't fall for gift card schemes. When you get an email and it says you can get a gift card and then asks your credit card details, ignore it. Legitimate businesses will not seek details such as this. Always remember this, because it is vital that individuals act wisely when buying on the internet. Purchase from home and first establish that the seller is for real. Don't forget to add our website to your bookmarks and check back regularly to find out about everything happening with XRP.