Crypto means hidden or secret. So, literally cryptocurrency is the (private digital) currency which is concealed. To put it in simple words, this currency does not exist physically but digitally in secret. When someone trades using cryptocurrency then the transaction is being registered through public ledger. Some of the famous examples of the cryptocurrency are Bitcoin, Ripple, Dogecoin and Ethereum etc. With passing of time, the popularity of cryptocurrency has risen up.
How does Cryptocurrency work?
The ledger where the transactions through this currency happens is being maintained by a lot of computers with the help of a lot of people which is popularly known as Peer to Peer Network. These transactions are being recorded as the blocks. With increment of each transaction, new blocks keep adding up to create a chain which is called as Blockchain. No one can disturb this order of Blockchain with any kind of fraud as it is present in a network of computers with full transparency. It is easy to track any kind of trickery with such a high level of transparency.
The software or computers which carry out these transactions are called Miners and the process through which these transactions is being carried out is called Mining.
As the transactions are registered on public ledger, so to maintain the privacy of the money that one person have, all the money and transactions are being coded which is called as cryptography.
The idea of making currency decentralised gave birth to cryptocurrency. So that everyone can try out their luck to have more and more money. But to handle the situation of how much money in this currency should be produced, the prices are being fixed prior to any trade. So, the price of any currency would be determined according to its supply and demand.
What are the advantages of Cryptocurrency?
It is a centralised currency. So, no one can have monopoly over it.
There is no government control over it. Countries conflict would not affect the value of money of the people.
Cryptocurrency is limited. There is no issue regarding printing more paper currency in Bitcoin.
Cryptocurrency is more reliable due to the usage of Blockchain technology.
What are the disadvantages of Cryptocurrency?
There is no authority which can resolve the issues regarding the cryptocurrency.
There can be unethical or immoral use of cryptocurrency that we can come to know in near future.
It is not eco-friendly to use as making of cryptocurrency drains a lot of power and resources.
In India, it has not been recognised as the legal tender of the money. So, people can’t use cryptocurrency fully here. But investment in cryptocurrency is legal in India. Nonetheless, what new changes cryptocurrency will bring into this world are yet to be seen..
Even though the Internet is still a young technology, it’s hard to imagine life without it now. Every year, engineers create more devices to integrate with the Internet. This network of networks crisscrosses the globe and even extends into space. But what makes it work?
To understand the Internet, it helps to look at it as a system with two main components. The first of those components is hardware. That includes everything from the cables that carry terabits of information every second to the computer sitting in front of you.
Other types of hardware that support the Internet include routers, servers, cell phone towers, satellites, radios, smartphones and other devices. All these devices together create the network of networks. The Internet is a malleable system — it changes in little ways as elements join and leave networks around the world. Some of those elements may stay fairly static and make up the backbone of the Internet. Others are more peripheral.
These elements are connections. Some are end points the computer, smartphone or other device you’re using to read this may count as one. We call those end points clients. Machines that store the information we seek on the Internet are servers. Other elements are nodes which serve as a connecting point along a route of traffic. And then there are the transmission lines which can be physical, as in the case of cables and fiber optics, or they can be wireless signals from satellites, cell phone or 4G towers, or radios.
All of this hardware wouldn’t create a network without the second component of the Internet: the protocols. Protocols are sets of rules that machines follow to complete tasks. Without a common set of protocols that all machines connected to the Internet must follow, communication between devices couldn’t happen. The various machines would be unable to understand one another or even send information in a meaningful way. The protocols provide both the method and a common language for machines to use to transmit data.
A Matter of Protocols:
You’ve probably heard of several protocols on the Internet. For example, hypertext transfer protocol is what we use to view Web sites through a browser that’s what the http at the front of any Web address stands for. If you’ve ever used an FTP server, you relied on the file transfer protocol. Protocols like these and dozens more create the framework within which all devices must operate to be part of the Internet.
Two of the most important protocols are the transmission control protocol (TCP) and the Internet protocol (IP). We often group the two together — in most discussions about Internet protocols you’ll see them listed as TCP/IP.
What do these protocols do? At their most basic level, these protocols establish the rules for how information passes through the Internet. Without these rules, you would need direct connections to other computers to access the information they hold. You’d also need both your computer and the target computer to understand a common language.
You’ve probably heard of IP addresses. These addresses follow the Internet protocol. Each device connected to the Internet has an IP address. This is how one machine can find another through the massive network.
The version of IP most of us use today is IPv4, which is based on a 32-bit address system. There’s one big problem with this system: We’re running out of addresses. That’s why the Internet Engineering Task Force (IETF) decided back in 1991 that it was necessary to develop a new version of IP to create enough addresses to meet demand. The result was IPv6, a 128-bit address system. That’s enough addresses to accommodate the rising demand for Internet access for the foreseeable future [source: Opus One].
When you want to send a message or retrieve information from another computer, the TCP/IP protocols are what make the transmission possible. Your request goes out over the network, hitting domain name servers (DNS) along the way to find the target server. The DNS points the request in the right direction. Once the target server receives the request, it can send a response back to your computer. The data might travel a completely different path to get back to you. This flexible approach to data transfer is part of what makes the Internet such a powerful tool.
Packet, Packet, Who’s Got the Packet?
What is the Internet?
The internet is composed of computer networks that allow users to access information from other computers (provided that they have permission to do so). The internet often uses various protocols such as TCP/IP to make this communication possible.
What are the main features of the internet?
One of the main features of the internet is accessibility. Anyone with access to a computer and a broadband connection can gain access to the internet without restriction. The internet also happens to be low cost and compatible with most platforms.
How does data move through the Internet?
Data is chopped into packets. These packets move through an ISP. The ISP routes the request to a server further up the chain on the internet. Eventually, the request will hit a domain name server (DNS). This server will look for a match for the domain name you’ve typed in (such as http://www.howstuffworks.com). If it finds a match, it will direct your request to the proper server’s IP address. Packets have headers and footers that tell computers what’s in the packet and how the information fits with other packets to create an entire file. Each packet travels back up the network and down to your computer.
How much data is on the internet?
Studies by PwC found that the internet had reached about 4.4 ZB (zettabytes) of data by 2019. (A zettabyte is 1,073,741,824 terabytes.) Most of this data is held by service companies like Amazon, Microsoft, Facebook, and Google.
Everyone makes mistakes in life, we are believed to learn from our mistakes or try to avoid them, same happens when building a niche website, mistakes can cause damage to your brand value or prevent you get disire results.
However, no one really talks much about how doing things wrong on your website can deteriorate your image and cost you your business. There are common mistakes that are often made not out of ignorance but coincidentally or because of forgetfulness.
Effects of these mistakes can be seen in sales, website visitation rates, and bounce rates. This is why you need to be aware of them and have tools and knowledge to improve your website, eliminate the mistakes you are making, and inevitably, improve your business.
To avoid certain things which are causing us to gain the maximum number of reach I want you to keep these ‘10 Disappointing Niche Website Mistakes You Make Now’ in your mind while building a website.
Under-Plan Website: Without a plan, you can never ever run any business. Can you run a restaurant without having a proper plan? No. If you try it, you will create a mess, will be unable to get customer satisfaction. Similarly, it happens with websites.
“A successful website does three things:
It attracts the right kinds of visitors.
Guides them to the main services or products you offer.
Collect Contact details for future ongoing relations.”
― Mohamed Saad
The most successful component of a growing website is single, original quality content, which will increase your credibility and authority in your chosen area. It will also increase your search engine ranking.
Evergreen content would be something like an article that teaches you how to tie a bowtie. Something like that isn’t time-sensitive, so you can essentially write it once and continue driving traffic to it forever.
Working on multiple websites at a time: If you are working on a certain website stick to it. You may think that working on more websites will multiply your earning but, it will not, it will require more time and pace which will be not possible and will cost you the quality of your content. There are many other ways to accelerate your growth on your single website.
Not focusing on the quality of your website: You need to focus on the quality of the website while side keeping the quantity of the site. The quality of your website will determine the content of your website which will increase the audience towards your websites.
For example: if you own a photography studio you must add your best high-res photos or video to your website which attracts the customer which will direct them to buy your services.
How frequently the website is updated
When the website was updated
Products or services
Photography of organization’s facilities
Use different languages
Present to different cultured
Variety of presentation
Different forms (text, audio, video, …)
Precise information (no spelling, grammar errors)
Sources of information are identified
Objective presentation of information
Organization’s physical address
Sponsor (s) of the site
Manager (s) of the site
Specifications of site’s managers
Identification of copyright
Email to manager
No presence in Social Media: Social media is just not for making friends is can be also used to marketing a business. Making a good presence on social media could help you to connect to the audience. Most users of social media platforms like Facebook, Instagram, Pinterest, Twitter, etc will help you to divert the attention of the audience towards your websites. All the social media outlets have a ‘Paid’ section by which you can grow your presence or multiply your reach by a promoted content.
The point is marketing on Social Media is rapidly becoming an excellent way to drive traffic to your website. Likely to soon be second only to Organic traffic as one of the more economical means of attracting visitors.
Ignoring keyword research: Some keyword research was necessary in order to pick a niche that was feasible to create a website about. You may use several keywords some of them for free or some with a price. By using free keyword tools as google Adwords can really help to find the adequate keyword we can maximize your reach. making a keywords research will be highlighted by google which will increase traffic on your website.
Google looks for keywords on your website and Google will send visitors to your website based on the keywords they find there.
Not getting proper training: You need to get the proper training to build a good niche website. You can search on the internet for various online training programs various website runs a training program that can help you to learn to run a website. Do some research and make a sound decision regarding a comprehensive training platform for starting an online business. You will likely experience some doubt as you continue to build your business, and the money does not start pouring in right away. So it is best that you start your journey on firm ground.
There are various websites you can follow like niche affiliate, niche academy a super affiliate, etc. they are all here to train you, build up your skills, and make your website more attractive and interesting. Some of them are paid courses and some will train you for free. I would recommend you can start with the free course then go for the paid version for a better understanding and advanced learning.
Not treating your business like a business: This is most likely the biggest reason that people fail to achieve success online. Establishing yourself as an Authority online and creating a business that will support your family is serious stuff and should be treated as such.
Unfortunately, many Newcomers treat this more like a “hobby”, than a business. You will be never able to figure that out. It can be used to get a little better organized yourself. You must have ‘hunger’ enough to take the advice of some very successful people and treat my business, as a business.
Not writing a site blog: Your website’s blog is an integral part of your overall success. A blog is where you can personalize your site, and therefore, differentiate yourself from your competitors. It’s where you can add fresh and interesting content that engages with your potential conversions in the way that a straightforward eCommerce platform cannot. Your blog should have regularly scheduled updates, with content that is relevant and well-written.
A blog is an aspect of operations that many websites outsource, and if you’re incapable of producing an interesting blog, then you should certainly consider farming the task out to a professional writer. A good writer will be able to create engaging headlines and titles, with an article that is written utilizing SEO, and yet is still personable and promotional (but not too promotional – a blog is different from an advertorial). You may hire a content writer online at a price. Prices vary from their experience in the field.
Not Getting Personal and Not Starting an Email List: If you have a great connection with the customers online directly, it will help to organic traffic on your website. It will help you when they can relate to you and your situation. Do not hesitate to let your visitors know that who you are and why you are an expert in your niche.
Not mentioning or forgetting to mention NAP (Name, Address, Telephone number) or not keeping it up updated will cost you to lose your customer forever. Your NAP needs to be clearly displayed and updated as needed, they can be directed to an incorrect location, or are unable to contact you via a method of their choosing.
Underestimate the Importance of Mobile Traffic: It’s amazing how many people are glued to their smartphones while out and about. You might see a group of people at a bar, totally ignoring each other as they intently tap away at their phones. They might be shopping for a new product or service, but are you prepared to receive them? Your website needs to be responsive to smartphone-based web browsers, meaning it needs to be configured to load quickly and display quickly on a screen of any size. If your page cannot be adequately navigated using a smartphone, then you could potentially be missing out on a significant amount of traffic and conversions.
Starting a niche website is easy. Getting it set up on WordPress and writing your first article is simple stuff that anybody can do. The difficult part comes in growing it into a money-making niche site. As you learned in this guide, there are a lot of moving parts. It takes patience, hard work, and persistence.
The biggest reason for failure is simply that people give up too quickly. And it’s not their fault. If it’s your first time, you don’t know what to expect. You don’t know the processes and different cycles that a new niche website goes through before breaking through and finally being successful.
Niche websites can truly change your life if you want them to. Starting a successful website can open a lot of different doors for you. It can allow you to quit your job, finally, travel the world, or just get some really good side income money.