Crypto Money Lab

Hey there, I’m Alex and this is my blog about cryptocurrencies, decentralized systems, blockchain, bitcoin, altcoins and technology in general.

This project is called a Crypto Money Lab because I experiment with different cryptocurrencies and services and then analyse the results for better understanding the whole idea and the possibilities it gives.

Here is some personal advice for beginners in cryptocurrency

  1. Keep your cryptocurrency safe: do not keep any currencies in exchanges. Always control your private keys yourself. Use a hardware wallet, paper or software wallet.
  2. Before investing your cryptocurrency in any project, do your research, see who’s behind the project, understand the technical aspect of what they’re doing.
  3. Invest in cryptocurrencies as much as you can afford to loose. When you do invest, get emotionally detatched from that money.
  4. If you’re considering to get involved or invest in some project, always do your own research and at least check if they’re listed on
Bitcoin Magazine

Bitcoin Magazine's Week in Review: Lightning and Legislators

Bitcoin development took a major step forward this week when Lightning Labs announced the first beta release of the much anticipated “Lightning” protocol for Bitcoin, while also raising $2.5 million to fund continued development. Meanwhile, cryptocurrency and ICO regulation stories have continued to dominate the headlines, as the U.S. Federal Government held hearings and the

Bitcoin Magazine

Promoted: A “Four-Wheel” Economy, Parked Right Up the Block

Like a car accelerating onto a highway on-ramp, the trajectory of blockchain technology continues to move at a rapid pace. Amid talk of crypto price volatility and initial coin offerings, a number of promising distributed applications continue to take shape, disrupting the landscape. One novel initiative being curated in the nascent blockchain space involves the

Bitcoin Magazine

Promoted: TrustedHealth Develops a Healthcare Ecosystem Based on Blockchain Technology, Presenting at the World Health Organization

Blockchain technology’s immense potential, while well-documented, continues to get lost in the hype surrounding the increasing value of cryptocurrencies and the oft-astronomical raises of initial coin offerings (ICOs).  Though it has ushered in one the most disruptive technologies in decades, the distributed ledger movement remains in its infancy stage, relative to its potential application and

Bitcoin Magazine

We Tested the New TREZOR Cryptocurrency Wallet: This Is What We Found

The new TREZOR model T, a hardware cryptocurrency wallet developed by SatoshiLabs, is the second generation of SatoshiLabs’ popular TREZOR hardware wallet family. The Model T was announced in November 2017, on the ninth anniversary of Satoshi Nakamoto’s Bitcoin white paper and made available for pre-order. All pre-order devices were sold out, and regular sales

Bitcoin Magazine

Lightning’s First Implementation Is Now in Beta; Developers Raise $2.5M

Today, March 15, Lightning Labs announced lnd 0.4-beta, the first beta release of the Lightning software implementation spearheaded by the development company. This makes lnd the first ever Lightning implementation to be marked as beta, meaning that the development team deems it to be feature complete and safe enough for use on Bitcoin’s mainnet — though

About me

I am a programmer with over 20 years of experience, currently working as a freelance IT Consultant.
I’ve been involved in cryptocurrencies since 2011. I liked the ideas and the technology behind blockchain and bitcoin in particular so much, that I was promoting it among my friends and clients. With each cryptocurrency hype and significant price changes in bitcoin, ethereum or any major altcoin, my phone and messengers explode with many different questions about investing in cryptocurrencies, trading, mining, lending, etc.
So decided to put up this little website to share my thoughts, knowledge and experience on cryptocurrencies, blockchain, bitcoin, ethereum, altcoins and decentralized systems in general.
I’m not a financial advisor in any way and on this website I only share and recommend the services that I’ve been using myself and haven’t noticed any signs of them being a scam.