Artex Global

Artex Global was founded in 2015. We are based in New York, USA, but we provide information to the whole world about developments in the cryptocurrency market. We make reviews of exchanges and publish fresh news to keep all traders and inquisitive people informed about bitcoin and similar cryptocurrencies movements.

The future of cryptocurrencies

The list of cryptocurrency problems is impressive, but each one has more than one solution on the horizon. The smartest people in the world have stepped in, brimming with enthusiasm. Technological problems seem to be the easiest to overcome. Recent add-ons such as IOTA can provide unlimited scalability and almost instant transactions at no cost.

So-called stable coins address the problem of volatility by using various inventive methods to ensure that the value of the cryptocurrency does not fluctuate. Security measures are increasing, and cryptocurrency exchanges are improving their software to protect users' funds as much as possible. Despite all this rapid progress, the fate of cryptocurrencies depends too much on the authorities. Fortunately, it is clear to many governments that cryptocurrencies have tremendous value that is still difficult to fully understand.

As trillions of dollars flow into the crypto-economy, many countries will likely try to break into the cryptocurrency space. Where there is money, there will be taxes. As the economy develops, investors, corporations, and users will become subject to new rules that governments will dictate. We will inevitably move away from the crazy anarchy of unregulated ICOs. A number of countries are already laying the groundwork for this to happen.

Distinctive qualities that characterize a cryptocurrency

Three key characteristics of a cryptocurrency:

1. Cryptocurrencies are not based on trust. Systems that manage cryptocurrencies do not require trust; they do not involve third parties. They replace trust with verification. In a p2p network, assets are fully controlled by each participant and transferred between them directly without the approval and control of a governing body (such as a bank).

2. Cryptocurrencies are immutable. By its very nature, blockchain technology makes cryptocurrency transactions immutable. They cannot be undone, delayed, duplicated, hidden, or altered. Such a system cannot be cheated in the usual way and is protected from human error, making cryptocurrency infinitely more transparent than simple electronic money in a bank.

3. Cryptocurrencies are decentralized. Cryptocurrencies have new coins systematically and transparently created by the system. Take bitcoin: its infrastructure ensures that only 21 million units will ever exist. Now compare that to the constant "printing" and depreciation of fiat currencies such as dollars and euros, with the easy hand of governments and central banks. All cryptocurrencies exist on blockchain technology.

How does blockchain work?

Blockchain technology is sometimes referred to as the "Internet of Values," and we think that's a good metaphor. Anyone can post information on the Internet and then other people can access it from anywhere in the world. Blockchains allow you to send any value anywhere in the world where a blockchain file will be available. But you must have a private key, created using a cryptographic algorithm, to allow you access only to the blocks that you "own.

By giving someone your private key, you are essentially giving that person a sum of money, which is stored in the corresponding section of the blockchain. In the case of bitcoins, such keys are used to access the addresses where certain amounts of currency of direct financial value are stored. This is the function of registering the transfer of funds, a role usually performed by banks.

We want to be useful

As you can see, there is a lot of information out there about the world of cryptocurrencies, and it is very difficult for beginners to make sense of it. Artex Global delivers such complex information in simple language. You can say that we work in media and at the same time in financial advisory. We do our job very well because we have professional traders who know the cryptocurrency market from the inside. The experience of such employees is invaluable. And we want to share our knowledge with the world. We hope that we will be useful and that a lot of people will learn about us thanks to Citytocitymarket.