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Showing posts from March, 2018

FREE Paper Wallet

In cryptocurrency, security is a big big issue. How do you secure your funds from being stolen or getting lost. Previously we have discussed various types of wallets. We touched on a type that is referred to as a COLD STORAGE wallet. Strictly speaking this is a wallet that is not used on the internet. You may want to use this type of wallet for storing funds that you will not want to access in the short term. A good practice is to only keep small amounts on your hot wallet. At Crypto Tamanga we have designed a Paper wallet (see image above). This wallet will be printed and supplied to everyone who attends a session with us or community members. The first one will be free while subsequent ones will have to be paid for. We can also supply to non community members at a small fee. The instructions for retrieving a wallet address and QR code are as follows: Route 1: If you already have a wallet in use. This is not strictly a cold storage wallet but this can be done for convenien

Deciding to invest in Bitcoin

By Japhet Kapambwe Mesa Hi all, Today I want to talk a little about how you can grow your investment in bitcoin. I will look at buying and holding (HODL) and also look at some investment platforms. Hodl  is a pretty safe strategy if you're risk averse. It is secure. You buy your bitcoin from an exchange like cex.io  or livecoin.net and you keep it in your wallet (not on the exchange). The bitcoin is fully yours as long as you have it in your wallet. Normally, the overall value of your bitcoin will grow over time despite the fluctuations. Now, what happens when the price of bitcoin falls extremely low such that even a rebound doesn't take you as high as the price at which you bought it for? Let's consider that you bought bitcoin when it was worth $20,000 and then it fell all the way to $5,000 per BTC. In this case even if it rebounded to $10,000 you'd still be in the red. In comes the second strategy - investing. Four months ago I'd have talked a

Crypto Tamanga Presents: Bitcoin Workshop

Crypto Tamanga presents Bitcoin Workshop - Demystifying Bitcoin and Cryptocurrencies. Bitcoin has changed how financial transactions occur. It has opened up opportunities for ordinary individuals. Unfortunately, very people are aware of the opportunities. Our mission at Crypto Tamanga is to disseminate information and educate people so that they can take advantage of the Bitcoin technology. Join us as we discuss Bitcoin and cryoptocurrencies. Date: Saturday 31st March, 2018 Venue: Muzala Lodge, Kalundu, Lusaka Time: 0900 - 1300 Hours Fee: K250 (Comes with free Bitcoin) For details please email cryptotamanga@gmail.com or contact us on Facebook on Crypto Tamanga

Wallet Review: Jaxx Blockchain

Image courtesy of coincentral.com By Japhet Kapambwe Mesa Jaxx Blockchain wallet is a popular, multi-currency wallet developed by Decentral, a Bitcoin company well known for their ATMs, wallet, and other services in the digital currenc ecosystem. In this review I will look at the features of the Jaxx wallet, what makes it tick and the concerns currently. The wallet supports more than 50 different cryptocurrencies, including Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash and more. This is something definitely worth considering when choosing a wallet but it is not the thing that gets me. WHat does though, is how simple it is to use. I particularly like its minimalistic layout. The layout is intuitive making it extremely easy for a user, even a newbie to cryptocurrency, to use. The user can simply choose to receive, send or exchange their preferred coin by simply logging in and selecting their currency of choice. Let us take a quick tour of the menu offered by th

The Original Bitcoin Whitepaper

What Is a Whitepaper? A whitepaper is a persuasive, authoritative, in-depth report on a specific topic that presents a problem and provides a solution." (blog.hubspot.com). It informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision. (wikipedia). On October 31st, 2008, Satoshi Nakamoto published the whitepaper for Bitcoin. It announced the birth of Blockchain Technology and the philosophy behind it. Download it here .