Adam Hack

Adam Hack is a Cryptocurrency Expert based in Miami, Florida. He is the CEO & Founder of Coin Nerds, a multi-purpose cryptocurrency exchange platform that allows users to buy, sell, and trade their crypto in-person and online. Founded in 2018, Coin Nerds’ mission is to educate those with little to no experience in the rising Web3.0 economy through a combination of physical storefronts and intuitive online platforms. Through Coin Nerds, Adam has furthered his aim to make crypto purchasing increasingly efficient and capture the confusion behind crypto research into a necessary requirement for purchasing these assets. The platform prioritizes providing an accessible, customer-centric approach.

Education

  • BASc, Computer Engineering, The University of Waterloo

Professional Achievements

  • Featured in multiple publications, including the Wall Street Journal, Fox Business, and Yahoo Finance

Favorite Piece of Advice

Time in the markets over timing the markets always wins!

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Q&A Comments (6)

Can I get a computer virus from the deep and dark web?
Absolutely! You will encounter viruses and malware when browsing the deep and dark web. As anonymity is the hallmark of the dark net, lots of illegal activities are being made there, and this is a breeding ground for tons of malicious software. When accessing these websites in the dark web, you are actually entering the underworlds of cyberspace with reduced or nearly no security measures in place. This means there's a chance of being exposed to the infection of files, phishing frauds, and other kinds of cyber threats that may endanger your device's security. 
What's the encryption algorithm of Bitcoin? Is it safe?
So Bitcoin uses the SHA-256 encryption algorithm. The SHA-256 is like a one-way cryptographic function. This just means that the hash value is easy to perform, but is virtually impossible to reverse the process. This hashing algorithm simply gives an object a digital fingerprint, making it impossible to tamper with or even consider that the integrity was lost in any way. As for the encryption standards Bitcoin uses, it usually uses the AES-256 encryption, which is a pretty strong military-grade standard. This encryption offers high-security standards for sensitive information. Of course, the security of Bitcoin in general is partially reliant on factors other than the blockchain technology directly used, such as the practices by the provider of the wallet and individual vigilance in keeping their private keys safe.
What is Coinbase? Is it a bank?
Coinbase is like a digital wallet or exchange for cryptocurrencies. It is a service that will help you to buy, sell, and store cryptocurrencies like Bitcoin. You may think of it as a bank for your digital coins, but only you work with cryptocurrencies instead of hard currency like US dollars.
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Co-authored Articles (10)