What Is Bitcoin, and How Does It Work?
What is Bitcoin? Bitcoin is a digital currency that can be exchanged, sold, or bought without an intermediary such as a bank. Satoshi Nakamoto, the creator of Bitcoin, described the requirement for “electronic payment systems based on cryptographic proofs rather than trust. All the Bitcoin transactions exist on public ledgers…Read More »
How to Invest in Bitcoin?
Bitcoin is a virtual or digital currency that you can exchange, buy or sell directly without an intermediary. Bitcoin is not only the first crypto, but it is also the best one of over 5000 cryptos in existence at present. Financial media covers every new decline and high, making Bitcoin…Read More »
Bitcoin vs. Fiat Currency – A Complete Guide
An Introduction The introduction of electronic money has revolutionized the traditional transaction system. And Bitcoin is the most evident example of it. Popularly known as virtual or digital currency in the financial fraternity, Bitcoin is the first cryptocurrency variant, built on highly secure and decentralized blockchain technology. Because of its…Read More »
How do I Learn About Bitcoin?
Overview Bitcoin, Cryptocurrencies, and Blockchain are new technologies and have been adopted by several sectors as of now. Although all these new technologies have been adopted early by several users, this ecosystem needs lots of learning if you want to know about this technology’s nuances. Bitcoin relies on blockchain technology,…Read More »
Bitcoin’s Cost of Production – All You Need to Know!
The world’s most popular cryptocurrency, Bitcoin, has always been the talk of the town, mostly for its ever-rising value. In January 2021, the Bitcoin price went over the $40,000 threshold for the first time. Though it gave investors a reason to smile, the historical trends suggest a possible immediate burst…Read More »
Bitcoin, Blockchain and the Mathematics
An Introduction – Understanding the Mathematics of Bitcoin Business powerhouses that hold the concentrated power to set a market trend have been marching towards the Bitcoin market, more so in a herd. Square Inc. purchased $50 million Bitcoins. Recently Tesla’s investment of $1.5 billion in Bitcoin has fetched mainstream recognition.…Read More »
Bitcoin Mining Made Easy with Python
Introduction Bitcoin Mining Bitcoin mining is a convenient means of earning new Bitcoins by solving complex mathematical transactions to confirm and validate a Bitcoin transaction. It is essentially a process of creating a new Bitcoin. Bitcoin miners use sophisticated and complex computers to confirm and validate every new Bitcoin transaction…Read More »
Top Reasons Behind Delayed Bitcoin Transactions
Delayed transaction confirmation is often a serious issue faced by Bitcoin users, both the senders and the recipients. The delay in confirming Bitcoin transactions happens because a new block is created and added to the blockchain network after every 10 minutes through mining. Therefore, there is always congestion in the…Read More »
What Will Bitcoin Look Like in Twenty Years?
Since the millennium turn, the global financial systems have seen radical changes – some good, some bad, some mind-blowing, and some terrible. From the rise of debt stocks to the financial crisis of 2008, the world has witnessed several ups and several downs during the past couple of decades. However,…Read More »
Bitcoin Movies, Documentary & Series to watch in Quarantine
Bitcoin is itself a unique story that fits into this strange, borderless realm of human potential. To this day, its creator, Satoshi Nakamoto, is anonymous. Bitcoin’s philosophy is revolutionary, and the cutting edge technology behind it is the most important invention since the internet. A good documentary blends the real…Read More »