Blockchain is arguably one of the most promising technology innovations since the Internet emerged. It facilitates transactions and value exchanges without using middlemen, central authority or trust. Blockchain technology connects consumers and suppliers directly. It utilizes cryptography or codes to safeguard exchanges. There is a mainframe or digital journal, which in essence is a decentralized database,…
Featured
Featured posts
Microsoft has become very aggressive in its attempts to build a structure that depends on a specific blockchain called Ethereum. This is a computing platform based on blockchain that features smart contract function. It introduces a decentralized Ethereum Virtual Machine or EVM capable of implementing peer-to-peer (P2P) contracts. The crypto-currency used is Ether. Majority of Bitcoin…
We've looked at the situations surrounding the conception of Bitcoin in our previous article, and if you haven't seen it. Take a look at it here.
There wasn't a lot of noise or interest at first, therefore not a lot of things happened in that period, but these following three years are packed full with…
Since it was first proposed in 2013 by its creator, Vitalik Buterin, Ethereum has managed to grow exponentially and become a serious competitor to bitcoin and other digital currencies. For those who do not know, it’s worth pointing out that Ethereum is a blockchain-based, public, distributed computing network that also offers smart contract functionality. This is…
The way the developers like to explain what is Zcash is through an anecdote comparing Bitcoin to http and Zcash to https. This makes a lot of sense, since Bitcoin, unlike Zcash is completely transparent. Zcash in contrast allows users to hide sender, receiver and value information of transaction. The way it does this is…
Ethereum has been around for a while, and during this period of time, it has managed to grow and change the world of smart contracts tremendously. All of this wouldn’t have been possible without the help of Ether, which is basically a fuel, or form of payment, needed to operate the distributed application platform known…
The Lightning Network is a payment system, conceived by Joseph Poon and Tadge Dryja about a year and a half ago. It uses the security of the Bitcoin network, to facilitate transactions off-chain between users at minimal expense. This payment system is one of the most expected innovations that can is going to be used…
As we approach the release date for the SEGWIT (Segregated Witness) update to the blockchain, we were pleased to see a complete update from the BitcoinCore team about how this update will affect the network, what will change and where are we going to proceed in the future.
For those of you who don't know…
During the last couple of years, Bitcoin has managed to grow considerably, and this is totally understandable given the large number of start-ups and investments made in this niche. However, Bitcoin's underlying network is also quickly gaining ground. For those who do not know, the blockchain represents a ledger consisting of all legitimate transactions that have…
Well, today I want to talk about a peculiar topic, one that I hope will motivate readers to stay with me until the end and maybe even inspire somebody to take their first steps towards becoming a freelancer in the bitcoin economy.
Anyone who's been long enough in this bitcoin world, knows that people act…