Cryptocurrency has become popular because of the blockchains that carry information about every transaction. While you may have heard Bitcoin offering anonymity, it’s important to look at what it does and doesn’t offer. Bitcoin is traceable, but only in certain aspects. One of the reasons why bitcoin became so popular
In December of 2017, Bitcoin reached its highest price ever at $19,783. The year of 2017 was a wild ride because Bitcoin started that year at around $1,000. Investors who bought Bitcoin at the beginning of 2017 and sold it at its peak made nearly twenty times their investment. However,
Cryptocurrency can be overwhelming. Terms are thrown back and forth, making it difficult to understand the conversations. Many people invest without taking the time to understand the key terms. You can be more successful with Bitcoin and the entire cryptocurrency market when you’re more familiar with the terms used. We’ve
During the past few years, there has been a tremendous amount of growth in the way people handle virtual currency. Cryptocurrency has grown by leaps and bounds and has given rise to one of the most popular forms of virtual currency in the world, which is called Bitcoin. While some
There have been a lot of changes in the global economy during the past few years and one of the biggest adjustments has been the development of something called cryptocurrency. Of this field, Bitcoin is leading the way. For those who might not know, Bitcoin is a digital, virtual currency that
To understand the link between cypherpunks and Bitcoin, one must first understand the history of the cyberpunk movement. One could argue cyberpunk began in fiction with the writings of authors like Isaac Asimov or that it started with the ARPAnet. The first cyberpunks fostered the development of what became the
When crypto mining started, it was mostly individual crypto miners using their small mining set up known as the “mining rig”. These were mostly located at their home. These individual mining rigs used CPUs (computer processing units) or GPUs (graphic processing units) to generate enough computer processing power required to
During the past few years, there has been tremendous growth in the world of cryptocurrency. Without a doubt, the leader in this venture is Bitcoin. For those who might not have heard, Bitcoin is a digital currency that is traded across a decentralized, distributed network. This means that there is
One of the biggest aspects of any currency involves how it is regulated. With the growth of digital currencies, this topic has been thrust into the spotlight once again. The idea of regulation with respect to digital currencies has been a major focus of debate. While this might not have
Recent developments involving the Lightning Network (LN) have catapulted the capabilities of the second layer of Bitcoin compared to traditional payment systems. The new integration of LN micro-payments by Blockstream via its satellite network for the dissemination of Bitcoin data, as well as the proliferation by TxTenna of a GoTenna
