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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
What can you buy using Bitcoin and Digital currencies?

What can you buy using Bitcoin and Digital currencies?

Bitcoin and and other crypto currencies have seen an explosion in terms of the number of merchants that accept them. You can almost buy anything you want now with Bitcoin. One useful location is Bitscan and another is the openstreetmap databasewhere Companies can tag their locations...

2019-07-07 11:43:26
What happens to a Bitcoin transaction?

What happens to a Bitcoin transaction?

A transaction first has to be verified by the network. It is gradually passed round the network and each full node checks to see whether, subject to certain criteria, it is a valid transaction. When the transaction is verified it is then placed in a transaction pool. At this point th...

2019-07-07 11:42:46
Bitcoin Transactions – Scriptsig and Scriptpubkey – locking and unlocking a transaction?

Bitcoin Transactions – Scriptsig and Scriptpubkey – locking and unlocking a transaction?

The Scriptpubkey is the puzzle set to a transaction in order for it to be solved and the script sig is the solution to the puzzle that allows it to be spent. Historically the Scriptpubkey was named so as it contained the public key or address to be spent from – i.e. the address the...

2019-07-07 11:42:13
Is the Bitcoin Blockchain too big?

Is the Bitcoin Blockchain too big?

One of the major criticisms on Bitcoin and crypto currencies is the ability for the blockchainto scale and compete with volume offered by traditional money systems. The Bitcoin network handles a transaction once every two to three seconds, which when compared to established money...

2019-07-07 11:41:41
Tutellus is the first decentralized and tokenized educational platform that pays users for learning, based on the NEM Blockchain!

Tutellus is the first decentralized and tokenized educational platform that pays users for learning, based on the NEM Blockchain!

Part 1 - The problem While there is a tendency in associating the blockchain with risky yet potentially high-return investments, the distinctive traits of this technology can be used to radically transform society in many ways. Beyond the price action lays a chance to empower the common people...

2019-07-07 11:41:10
How does a Bitcoin transaction work?

How does a Bitcoin transaction work?

The first thing to understand is that Bitcoins or crypto currencies don’t actually exist. Get your head around that – the only thing that exists is a record of their transactions - essentially a form of debit and credit– they are completely intangible. This isn...

2019-07-07 11:40:36
NEO - An Open Network For Smart Economy

NEO - An Open Network For Smart Economy

What is NEO? NEO is a cryptocurrency that has greatly gained in both popularity and value over the past year. Like most cryptocurrencies, this one runs on a blockchain, but has some key differences from the masses. One of these differences, the use of GAS in the blockchain, has caused a bit of...

2019-07-07 11:39:01
What is TrueUSD (TUSD) and how to use it

What is TrueUSD (TUSD) and how to use it

One of the most sought-after outcomes for Bitcoin and other cryptocurrencies is the possibility of replacing fiat currencies and being used globally for day-to-day transactions and international transfers. While some say this will never happen, others believe it to be inevitable. While we don&r...

2019-07-07 11:38:30
Why Using a VPN is Important for Crypto

Why Using a VPN is Important for Crypto

As exchange hacks, crypto thefts and phishing become increasingly common, safely buying and transacting with cryptoassets online has never been more important. One powerful lesson in the need for a robust online security strategy comes from BitGo Lead Engineer Sean Coonce who revealedthat...

2019-07-07 11:37:50
What Are Smart Contracts?

What Are Smart Contracts?

Smart contracts are computer programs which contain scripts that are automatically executed when the requirements of a particular set of conditions have been met. In a nutshell, smart ‘contracts’ are just lines of code. Prominent legal scholar and computer scientist, Nick Szabo first us...

2019-07-07 11:37:17
What is the Noah Project?

What is the Noah Project?

When cryptocurrencies came to the market, businesses and entrepreneurs discovered a wide range of new opportunities. Blockchain provides such benefits as the facilitation of value transfers without any intermediaries, which significantly reduces the transactions fees; transfer of money in a...

2019-07-07 11:36:44

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