Short article containing advice for cryptocurrency beginners, giving them advice on how to choose a wallet, protect their accounts, and purchase their first cryptocurrency. Disclaimer: Cryptocurrencies are a risky investment due to their high volatility. Never invest more than you can afford to lose. Recently, a stockbroker reached out to me after reading one of my articles about…
Bitcoin basics
This ex-Bitcoin Core developer and cypherpunk loves explaining to people that they don't know anything about Bitcoin. In fact, he himself believes that he also does not know anything about Bitcoin. He is one of the top 100 most influential people in crypto and blockchain and has contributed immensely to the ecosystem. So why does he…
Getting started with Bitcoin is relatively easy. At a glance, it may seem like "magic internet money" but it's unique in nature and offers a peer-to-peer system of banking that does not rely on any central authority to function.
Disclaimer: Cryptocurrencies are a risky investment due to their high volatility. Never invest more than you can afford…
Somewhat of a paradox with bitcoin's use cases is that as demand grows, certain aspects of it perform worse and worse; something that can happen even when the price rising. An apparent price rally lead bitcoin prices above previous all time highs, for it to keep trading above $2000 levels. Many vital parts of the…
One of the latest news in the Blockchain and Crypto Currency communities is that Bitcoin (BTC) will be subjected to a “Coin-Split” before long. The split between the Blockchain and network can happen if the bulk of miners (through hash power) shift to Bitcoin Unlimited (BTU). Then, they choose to mine blocks higher than 1…
Is there any possibility to make a Bitcoin payment without maintaining any channel with them? If you want to get an answer to this question, you need to take a look of Lightning. Then you will discover the basics of building a payment channel. However, getting to know Lightning is not an easy thing to do. That’s because…
If you have taken a look at all the news that goes around in the past about Bitcoin, you must be wondering about what exactly the forks are. A fork can simply be defined as a technical scenario, which takes place when several participants get the need to come up to an agreement based on…
Bitcoin offers various levels of privacy and security online as long as it is used correctly. As digital currency, Bitcoin uses encryption techniques to regulate the generation of currency units, as well as verify the transfer of funds while it is independently operating from any central bank exchanges. About Bitcoin Exchange A licensed payment institution in the…
One misconception about Bitcoin is only software experts can understand this crypto-currency. Many people say you need third-party services such as CoinBase or Bitcoin.de to look after their virtual funds. Here is the real score. You do not need the currency if you want a third party to secure your finances. It is more logical to…
Bitcoin is the most popular among all crypto-currencies in the market. So, when it comes to choosing what type of crypto-currency is most profitable to mine, the answer that makes most sense is Bitcoin. There are at least 710 such currencies for trading as of 2016. However, only 26 have market capitalization of more than $10…