CRYPTO FRIDAY AFTER WORK UPDATE – CORY JOHNSON AT WBF & DEVCON 4

Centralised crypto-coins are a code-based resource designed to work as a medium of trade. Additional crypto-coins can be created through mining. Any person may get involved by using their device.

Mining requires a lot of hours and electrical power, though. A powerful machine is also required, to do this successfully. However, XRP is a centralised resource, which cannot be mined. A fixed amount of units were created by the company and this amount will never be exceeded. 

Looking to buy Ripple? Securing it is quite straightforward but you should exercise caution, whenever attepting an internet purchase of any sort.

These days, in excess of half of all purchases are made over the net. Online shopping is simple and easy, meaning that additional numbers of individuals are switching to this method as opposed to fighting the throngs in the shops. The internet also lets people to perform more valuable research and secure the best deals. However, there is a murky aspect of online shopping. Here are the important rules, you must learn.

Only purchase from your own home. Criminals may easily access your data when you take advantage of free-for-all wifi services, thus it's less risky to order from home than in retail premises. Do not make purchases when passing through airports, hotels or other free hot-spots.

Beware of social network offers. Don't rely on these sorts of offers as most URLs are shortened. That means you cannot be confident that the link takes you to a legitimate site.

Buy with your credit card. Never use your debit card. More than 50% of debit cards require that fraudulent purchases are reported within a couple of days to obtain limit liability. Never wire cash to companies. You won't be able to get your money back when you do this. Make sure you look at credit card statements. Sort online receipts inside a separate email folder, so that you can crosscheck amounts.

Do not provide any excess information. You don't need to provide a driver license number. They shouldn't ask your social security details either. Should any company request this info, it is untrustworthy. Choose lengthy passwords that only you can recall. If your phone/PC offers to remember passwords, always select 'No'. Should another individual gain access to your device then they could find your credit card number and code.

Watch you don't fall prey to gift card schemes. When you get an email that states you can get a gift card but then asks for your credit card details, ignore it. Genuine sellers will never ask private financial data. Please remember this, because it is vital that buyers remain cautious when ordering online. Order from home and first establish that the seller is trustworthy.

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