If you are planning to invest in Bitcoin, then you’ll need to be well versed in all aspects of the cryptocurrency. Knowledge of all things related to keys, security, and privacy will be how you dive into this modern world of currency trading. Let’s explore the elements, terms, and lingo that will make you a […]
Category: Bitcoin 101
What’s the Difference Between Blockchain and Bitcoin?
It seems there isn’t anyone these days who hasn’t at least heard of Bitcoin. If you’re familiar with the cryptocurrency, though, you’ve probably also heard some of the terms that surround it like “blockchain,” “decentralised,” or even “wallet.” Understanding exactly what Bitcoin is, though, and how these other terms apply to it is the only […]
What are HD Wallets?
If you’re like most people, you’ve probably heard something about cryptocurrency in the past several months. Despite the hype around this idea, though, it’s tough to know where to start if you’re interested in investing. Most people know that you have to begin with a wallet, but even that can be complex. After all, there […]
Bitcoin & Cryptocurrency Trends in 2021
Bitcoin projections for 2020 were ambitious, but no one could quite have predicted the stellar year the cryptocurrency had. Now experts aren’t in complete agreement whether the Bitcoin 2021 prediction should be even bolder in terms of price. While the cryptocurrency projections, in general, can be confusing, there are still emerging trends to watch out […]
What Are Decentralised Applications? How Do They Work?
To an average user, a decentralised app might not look any different to any other app. However, decentralised apps or dApps are powered by blockchain or a P2P network. That makes them quite different and according to many, much superior. Not one person or organisation runs dApps or has full authority over them, which is […]
Is Bitcoin Legal?
Bitcoin is synonymous with the overall concept of cryptocurrency. Most people understand that it represents a digitalised version of cash, but there’s still a lot that remains unclear about how it works. One frequent question always pops up – is Bitcoin legal? Some countries have embraced Bitcoin and created Bitcoin law and regulations. Others don’t […]
What Is Wrapped Bitcoin?
Bitcoin is the first crypto asset and one of the largest and most successful cryptocurrencies. Since its beginning, the core of Bitcoin technology hasn’t changed that much. But this doesn’t mean that there aren’t new projects happening in the blockchain world. One such development is Wrapped Bitcoin. But what is Wrapped Bitcoin, and why does […]
Why Use Blockchain?
A blockchain is a digital ledger that stores mostly monetary-related data. It’s a decentralised system that helps a variety of businesses operate without the constant worry of being hacked. Naturally, many people wonder why they should switch to this system, instead of using the already established database as a way of keeping records. Granted, a […]
What Can You Buy with Bitcoin?
In the early days of Bitcoin, many who believed in the cryptocurrency’s potential power believed that it would soon be the biggest alternative to traditional currency in the market. While that has happened to some degree, these days, Bitcoin is primarily used as a long-term investment or traded like any other asset. One of the […]
What is a Bitcoin Mining Pool? How to Join Bitcoin Mining
If you’ve done any reading about Bitcoin recently, you may know that one great way to make some Bitcoin is to mine it. Many miners decide, though, not to go it alone as the power of one just can’t compete with the mining pools out there today. Understanding exactly what a mining pool is, though, […]