Prypto

Prypto is known as a brand for "Keeping Crypto Simple" by offering bitcoin scratchcards to resellers. Its client base is those who are new to bitcoin or those who want to try it out. Prypto sponsors all major bitcoin events, releases videos on how bitcoin can help their customers, and specializes in turnkey blockchain solutions.

Articles & Books From Prypto

Article / Updated 12-21-2021
Two types of bitcoin exchanges are in use: peer-to-peer and regular. Regular bitcoin exchanges use an order book to match, buy, and sell orders between people. However, neither the buyer nor the seller has any idea who the other party is, and this provides all users with a certain level of anonymity and privacy protection.
Article / Updated 07-01-2021
There is more to a bitcoin wallet than just the address itself. It also contains the public and private key for each of your bitcoin addresses. Your bitcoin private key is a randomly generated string (numbers and letters), allowing bitcoins to be spent. A private key is always mathematically related to the bitcoin wallet address, but is impossible to reverse engineer thanks to a strong encryption code base.
Article / Updated 07-09-2019
With bitcoin, trust has to work on both sides. Even though you as the user are always in control of your own finances, you still have to trust the rest of the bitcoin network to not drop off the face of the earth tomorrow. The chances of bitcoin disappearing are so slim that it isn't something you should worry about.
Article / Updated 07-05-2017
Bitcoin is changing the way people think about money by planting a seed of doubt in people's minds — in a positive and thought-provoking way. Mind you, given the financial crises over the past decade, it's understandable that some people are trying to come up with new and creative solutions for a better economy.
Article / Updated 08-29-2016
Some companies offer bitcoin wallet services. They effectively act as a middleman to hold your bitcoins and allow you to spend and deposit as you want, taking responsibility for the administration and security of your account. It also means that the company will ask you for personal information, thus making this a non-anonymous environment.
Article / Updated 08-29-2016
Altcoins are also known as alternative currencies. These are bitcoin clones, bitcoin rivals (boo, hiss!). There are well over 4,000 different altcoins in existence. If you do not like to trade or speculate on the bitcoin against fiat currency markets, you could trade against altcoins instead.Altcoins seek to improve on the ideas bitcoin represents.
Article / Updated 08-29-2016
One of the first things you should keep in mind when you consider storing your bitcoins on an exchange platform is that it involves quite a lot of security risks. It goes against the very ideology of bitcoin to use middlemen and be dependent on centralized services and platforms. And even though these exchanges deal in decentralized digital currency, the platforms themselves, like banks, still represent central points of failure, which makes them incredibly vulnerable to attack.
Article / Updated 08-29-2016
Bitcoin is often touted as a global payment network that includes no transaction fees. Up to a certain extent, that statement is true, but it doesn't tell the entire story. No transaction fee is involved for the recipient on any bitcoin transaction coming from another user on the network. But sometimes, there is a transaction fee involved, albeit very minimal.
Article / Updated 08-29-2016
At its simplest, a bitcoin transaction works by you giving someone else a designated amount of the BTC you own. In order for a bitcoin transaction to be deemed "valid," there has to be at least one input, although multiple inputs are possible as well. An input is a reference to an output from a previous transaction.
Article / Updated 08-29-2016
In the same way that you wouldn't walk around with your real wallet hanging out of your back pocket, or keep your bank card PIN number on a piece of paper inside that wallet, you need to be security conscious about your bitcoin wallet, too. Secure mobile bitcoin wallets A mobile bitcoin wallet is convenient to use, because it can be installed on either a tablet or smartphone.