Posts

Showing posts with the label features of cryptocurrency

Google Bans Cryptocurrency Mining Extensions on Chrome Web

Image
Google Bans Cryptocurrency Mining Extensions From Chrome Web Store . In an effort to prevent cryptojacking by extensions that maliciously mine digital currencies without users' awareness, Google has implemented a new Web Store policy that bans any Chrome extension submitted to the Web Store that mines .Over the past few months, we have seen a sudden rise in malicious extensions that appear to offer useful functionality, while embedding hidden mining scripts that run in the background without the user's knowledge. Last month, cryptocurrency miners were even found in a Russian nuclear weapons lab and on thousands of government websites. In January, cryptocurrency mining malware also infected more than half-million PCs.Until now, only those mining extensions were allowed on the Chrome Web Store that are solely intended for mining, and explicitly informed users about its working and revenue model. If the company finds any mining extension developers submitted was not in ...

What is Cryptocurrency?

Image
Most of the people are interested to know about "What is Cryptocurrency ". Today cryptocurrencies (Buy Crypto) have become a global phenomenon known to most people. It is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are a type of digital currencies, alternative currencies and virtual currencies.While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance.Few people know, but cryptocurrencies emerged as a side product of another invention. Satoshi Nakamoto, the unknown inventor of Bitcoin, the first and still most important cryptocurrency, never intended to invent a currency.In his announcement of Bitcoin in late 2008, Satoshi said he developed “A Peer-to-Peer Electronic Cash System.“ His goal was to invent something; many people failed to create ...