Cryptocurrency or ICO investors can find plenty of guidance to help them identify an investment that’s potentially a scam. But what about warning signs that a legitimate crypto venture is about to crash?
Cryptojacking – in which cryptocurrency miners secretly hijack your servers, desktop devices, mobile phones and even Internet of Things devices to “mine” new digital coins for themselves – isn’t like the fictional heist in the “Office Space” movie designed to steal fractions of a penny at a time.
Litecoin hasn’t been around quite as long as Bitcoin. But it’s only a couple of years younger than Satoshi Nakamoto’s creation, and has shown staying power as one of the leading alternatives for cryptocurrency traders and investors.
If Bitcoin’s decentralised ledger is the first generation of blockchain technology in action, the second generation is exemplified by smart (automatically executed) contracts and the third generation is decentralised applications, or dApps (also frequently written as dapps, Dapps or DApps).