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 […]
Category: Bitcoin 101
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, […]
What are the Safest Ways to Store Bitcoin?
Bitcoin wallets are software programs that are one of the many ways to store Bitcoin. They help keep your public and private keys safe and give you a way to send and receive Bitcoin while monitoring your balance and interacting with the blockchain. If you have Bitcoin, understanding the ways to store Bitcoin is absolutely […]
What is Bitcoin? A Complete Guide.
When you think of money, you likely don’t think of Bitcoin, but increasingly, that is changing. Quickly replacing fiat currency in many settings, cryptocurrency use is on the rise and the value has continually been predicted to increase over the next several years. Understanding exactly what Bitcoin is, though, its history, and how you can […]
Bitcoin Trading Guide
You may have heard about a market for Bitcoin and wondered, “What is bitcoin trading?” You’re not alone. Bitcoin trading can be a terrifying prospect if you’re not yet familiar with the basic terminology, the market itself, reading the trends, and building a trading plan. All of these things are key to becoming a successful […]