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What Is Steem?

What Is Steem?

Steem is a cryptocurrency that is used to conduct transactions on a blockchain-based social media and blogging network, called Steemit. Initially developed by Block.one Chief Technical Officer (CTO) Daniel Larimer and Ned Scott, the Chairman at Steemit, the Steem token and the Steemit platform...

2019-07-11 03:33:51
What is ERC-20?

What is ERC-20?

ERC-20, or Ethereum Request for Comment, is a technical standard that is used to issue tokens on the smart contract-enabled Ethereum blockchain. While there are other standards such as ERC-721 (for defining non-fungible tokens), most of the tokens created on the Ethereum platform are based...

2019-07-11 03:32:37
What is the Elements Coin

What is the Elements Coin

This is a sponsored guide and does not represent investment advice from G7finance. Please do your due diligence when dealing with any Initial Coin Offering and never invest more than what you can afford to lose. Merchant Loyalty programs are often an attractive prospect for consumers and are a grea...

2019-07-07 12:10:31
How to Watch and Send Ethereum Tokens

How to Watch and Send Ethereum Tokens

There are many ways to store Ether and other custom tokens on the Ethereum blockchain. Mist, for example, allows you to run a full node and to watch and send any ETH token. It does, however, require you to keep a full copy of the blockchain. You can also keep them on special wallets built by the pro...

2019-07-07 12:09:12
What is WeTrust and ROSCAs?

What is WeTrust and ROSCAs?

Financial Exclusion Banking institutions are still inaccessible to a large portion of the world’s people, an issue affecting those in both developing countries and developed countries. Today, an estimated 2 to 3 billion adults throughout the world have little or no access to the services prov...

2019-07-07 12:08:33
What is Stratis

What is Stratis

What is Stratis Stratis is a Blockchain-as-a-service (BaaS) Platform, created to provide solutions for corporations in the financial sector that want to enjoy the benefits of Blockchain technology. Stratis allows companies to create their custom blockchain applications with the features t...

2019-07-07 12:08:05
Synereo - A Brief Summary

Synereo - A Brief Summary

This article is a brief summary of the Synereo project and its history. It was written to give users a better understanding of the current crowd funding campaign being hosted by Synereo. If you decide to participate in the Synereo fundraiser remember the golden rule: Never i...

2019-07-07 12:07:34
What is the Bitcoin Genesis Block?

What is the Bitcoin Genesis Block?

The Bitcoin Genesis block is the first block in the blockchain ever. All crypto currencies have a genesis block but Bitcoin’s is that little bit more special as it was the first of the first.  Every block created since the genesis block can automatically trace it as its ancest...

2019-07-07 12:06:52
What is Bitcoin Selfish mining?

What is Bitcoin Selfish mining?

Selfish is an attack on the integrity of the Bitcoin network. This is where one miner, or mining pool, does not publish and distribute a valid solution to the rest of the network. The selfish miner then continues to mine the next block and so on maintaining its lead. When the rest of the...

2019-07-07 12:06:25
What affects the Bitcoin price?

What affects the Bitcoin price?

Supply and Demand is the immediate economists answer - but there is a little bit more to the story behind the scenes that fleshes out the more fundamental moves in bitcoins price. Ultimately there is no value apart from the perception of value - and that is what drives the Bitcoin price - the percep...

2019-07-07 12:05:48
How to Freelance for Bitcoin

How to Freelance for Bitcoin

Bitcoin is a global currency. It allows us to pay for anything, anywhere, in seconds. However, Bitcoin is more than that. It opens up the world, rendering it borderless when it comes to financial interaction. Using Bitcoin, I can easily pay someone on the other side of the world for a product or ser...

2019-07-07 12:04:19
What Is A Blockchain?

What Is A Blockchain?

As its name implies, a blockchain is a type of data structure that consists of a chain of blocks which contain information. This method of grouping data was originally conceived and described in 1991 by researchers who had initially planned to use a blockchain to timestamp digital document...

2019-07-07 12:02:41
What is Bitcoin transaction locktime?

What is Bitcoin transaction locktime?

The Bitcoin transaction lock time is the time at which a particular transaction can be added to the blockchain. This is the earliest time that miners can include the transaction in their hashing of the Merkle root to attach it in the latest block to the blockchain. There ar...

2019-07-07 12:01:48
How to Freelance for Ether

How to Freelance for Ether

Cryptocurrencies are global. They allow us to pay for anything, anywhere, in seconds. It opens up the world, rendering it borderless when it comes to financial interaction. Using Bitcoin, I can easily pay someone on the other side of the world for a product or service. Something that would otherwise...

2019-07-07 12:01:03
What Is the Binance Coin (BNB)?

What Is the Binance Coin (BNB)?

Launched on July 14th, 2017, Binance is a new cryptocurrency exchange that has been making waves in the cryptosphere, quickly capturing a large portion of the cryptocurrency trading market and earning its title as a household name. The name “Binance” (バイナンス) was derived from the wor...

2019-07-07 11:58:36
What’s the Difference Between Bitcoin (BTC) and Ethereum (ETH)?

What’s the Difference Between Bitcoin (BTC) and Ethereum (ETH)?

Bitcoin (BTC) is a peer-to-peer (P2P) digital asset system which has been implemented on an immutable and distributed ledger, which allows users to view transaction details including the amount of funds transferred and the addresses of the recipient and sender. In a way that’s somewhat similar...

2019-07-07 11:55:41
Bitcoin Cash 101: Then and Now

Bitcoin Cash 101: Then and Now

Bitcoin cash has a short but rich history, and has some in the industry optimistic that it could be a positive force for the future of cryptocurrencies. Its advocates claim that it has refined many of bitcoin’s core tenets, and has shown a strong favor for different ways of thinking. Even so,...

2019-07-07 11:54:54
Proof of Work (PoW) vs. Proof of Stake (PoS)

Proof of Work (PoW) vs. Proof of Stake (PoS)

Blockchain-based cryptocurrency platforms are still in their early stages of development. Beginning with the blockchain-enabled Bitcoin (BTC) network, which is intended to function as a peer-to-peer (P2P) “electronic cash system”, there are now thousands of digital assets that have been...

2019-07-07 11:49:53
Why Do Bitcoins Have Value?

Why Do Bitcoins Have Value?

Since its inception almost a decade ago, Bitcoin has enjoyed unprecedented inflation in both its market price and user base - catching the eye  of media outlets worldwide, causing thousands of essays, studies and articles on the subject to emerge. While Bitcoin proponents defend its value as s...

2019-07-07 11:49:15
List of Bitcoin Forks

List of Bitcoin Forks

Following the hard fork that created Bitcoin Cash (BCH), over twenty more new forked coins have been created. At present, Bitcoin Cash (BCH) and Bitcoin Gold (BTG) have been regularly accepted by many of the top exchanges. In contrast, other more recent coins such as Bitcoin Diamond (BCD), or perhap...

2019-07-07 11:48:28
7 Blockchain Application Ideas That Could Help Your Small Business

7 Blockchain Application Ideas That Could Help Your Small Business

Blockchain technology is changing the way we store and transfer information in a big way. It is the revolutionary technology behind Bitcoin, but it has so much more to offer than a platform for cryptocurrency. The great benefit of Blockchain for small businesses is that it is a cheaper and more sec...

2019-07-07 11:46:53
What is a Bitcoin block?

What is a Bitcoin block?

A Bitcoin block contains a set of data that holds all the information necessary to verify transaction and link the block back to its previous block in the chain. The constituent parts of a block can be seen in the table below. The block size is simply the size of the block in bytes...

2019-07-07 11:46:12
Bitcoin Transactions – Pay-to-Script-Hash?

Bitcoin Transactions – Pay-to-Script-Hash?

Pay-to-Script-hash, or P2SH, are extension of the multisignature idea but reducing the burden on the Bitcoin infrastructure in terms of storage required. A common 2-of-3 multisignature transaction can take up to five times as much space as a simple pay to add...

2019-07-07 11:45:04
Bitcoin Transactions – Multi Signature Transactions?

Bitcoin Transactions – Multi Signature Transactions?

A Multi signature transaction is where N public keys are set with condition that at least M of those are required for a signature. At the moment the Bitcoin protocol limits the number of M and N to 15. These are generally written as M-of-N transactions where N is the total number of...

2019-07-07 11:44:34
How does the Bitcoin Network actually work?

How does the Bitcoin Network actually work?

The Bitcoin network is a peer to peer network (P2P) or a decentralised network with no central point of failure or command. All the nodes, or computers, that participate in the network are equal – there is no hierarchy – or no topology as the network is flat. The Bitcoin netwo...

2019-07-07 11:44:01

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