Blockchain – Facts and Fictions

How many of you out there still think that Bitcoin is blockchain technology? And that it is applicable only for cryptocurrency? Blockchain has become much more than just that. The most common misconception is that Bitcoin is blockchain. When Bitcoin was the only...

SegWit (Segregated Witness) Explained in an Easy Way

It is impressive to see how much has been achieved in the blockchain and crypto community since the inception of Bitcoin and other cryptocurrencies. Interestingly, some different rules or protocols guide the operations and functionalities of the various...

A simple comparison between Bitcoin and Ethereum

Over a decade ago, Bitcoin was introduced to the world; it was received with a lot of resistance from critics and skeptics. However, it was able to surmount the challenges and grow to become the most valuable cryptocurrency so far. The advent of Bitcoin indicated the...

Token Vs. Coin

In the cryptocurrency world, it is common for people to use the words “token” and “coin” as indistinguishable like they mean the same thing when, in fact, they are different. These are two terms used to identify the units of value on the blockchain network, and while...

Introduction to Blockchain and Cryptocurrency

If you have been following the banking or investment sector over the last decade, you may have come across the terms Blockchain or Cryptocurrencies. And in trying to learn more, there is a good chance you have also taken a deeper dive into these two terminologies. If...
Next Bitcoin halving and price possibility

Next Bitcoin halving and price possibility

Every 210000 blocks Bitcoin halves. This means that the reward given to miners for adding a block to the blockchain is cut in half. Next halving will occur when we reach block number 630000, some day in May of 2020. Current block reward is 12.5 Bitcoins, this means...

Blockchain Demo of SHA256 algorithm

Blockchain Demo of SHA256 algorithm

Blockchain Demo of SHA256 algorithm If you are interested in getting to know a little bit more of how a blockchain and cryptocurrency mining work, below you will find a Blockchain Demo created under MIT License by Anders Brownworth. Feel free to click on the different...

How to Send/Receive Crypto

How to Send/Receive Crypto

How to Send/Receive Crypto Sending cryptocurrencies like Bitcoin and Litecoin is simple. Here is a step-by-step list put together to give you a hand in sending some crypto to you desired destination: 1 First and foremost you will need to have a wallet that supports...

What is Bitcoin?

What is Bitcoin?

What is Bitcoin? Bitcoin is a currency or electronic cash just like the dollar, the euro, and the yuan. Where it differs from these currencies is its functions and how Bitcoin was designed.   A decentralized currency Before going any further, it is important...

Blockchain Technology

Blockchain Technology

What is a blockchain? We can say that a blockchain is a continuously growing list of digital records, called blocks that are linked and secured using cryptography. Each block contains: data, previous hash (except for the Genesis block), and it's own hash The concept...

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