Articles

 Can Bitcoin change the world?

About two billion people around the world do not use banking services. In some cases, it may be...

 Can Canadian banks stop me from buying bitcoin?

According to the Government of Canada website, financial institutions, such as banks and caisses...

 Can I send bitcoins with mesh networks?

The txTenna application allows people to send transactions in bitcoins even when disconnected...

 Can I transfer my bitcoins to another bitcoin wallet?

Yes! A Bitcoin wallet is a piece of software or hardware that is used to communicate with the...

 Can you conduct a Bitcoin transaction through radiowaves?

The concept of broadcasting Bitcoin transactions on radio transmissions has existed for several...

 Do I need a bitcoin wallet to buy bitcoins?

Bitcoin, unlike most traditional currencies, is a cryptocurrency. Thus, the approach to this type...

 Do larger bitcoin transactions take longer to confirm?

The time required to transfer Bitcoin between wallets varies from one transaction to another....

 Does Bitcoin energy consumption scale with its usage?

This is simply wrong. The energy consumption of the miners increases or decreases according to...

 Does Bitmain still dominate bitcoin's hashrate?

A common concern in the Bitcoin space is the centralization of mining in China, and in particular...

 How can Bitcoin or other digital currencies fail?

We can try to imagine some doomsday scenarios for Bitcoin : Government intervention: As it...

 How can I stop a bitcoin transaction before it is verified?

When sending Bitcoin, it can be easy to commit a small mistake that requires you to want to...

 How does Bitcoin prevent double spending?

To understand how the blockchain avoids double spending, you should know that since the delivery...

 How does a Bitcoin transaction work?

A transaction is a transfer of value between Bitcoin addresses that is included in the...

 How does bitcoin escrow work?

An escrow service is needed to make payments, buy things online, exchange bitcoins on forums, and...

 How does proof of work works in Bitcoin?

Proof of work is hard to produce (expensive, tedious) but easy to verify for third parties and...

 How does the Bitcoin business work?

In simple terms, exactly the same as any other regular business you know well, expect the finance...

 How is Bitcoin better than normal currency?

Bitcoin is digital and decentralized:  With Bitcoin people get the liberty to exchange value...

 How is blockchain verifiable by public and yet anonymous?

The bitcoin blockchain is public and distributed to nodes and miners around the world. It is...

 How long do Bitcoin transactions take?

At a high level, a transaction is confirmed when it is permanently included in the Bitcoin...

 How many transactions are included in a blockchain?

Usually, as much as it will fit. A block is a set of transactions and transactions are confirmed...

 How soon will Amazon accept Bitcoin payments?

In 2017 and 2018, Amazon once again fueled speculation that it was about to accept bitcoin when...

 How to accept Bitcoin on WooCommerce?

Although bitcoin is volatile and unpredictable, it has managed to increase steadily in recent...

 How to buy about $50 or less of Bitcoin?

From a technical point of view, bitcoins can be cut into very small parts. Most exchanges will...

 How to buy bitcoin in Montreal?

Built from Montreal's trusted professionals, Bull Bitcoin's services are designed to help you...

 How to check transactions between 2 bitcoin addresses?

Normally, Bitcoin Core does not keep track of data on non-wallet transactions, but this can be...

 How to convert my bitcoins to Canadian dollars?

We recommend the Bitcoin maximalist exchange, Bull Bitcoin. It is a fixed rate bitcoin exchange...

 How to convert my paycheck to bitcoins in Canada?

Unfortunately, in Canada we do not have services like BitWage. Although we have services like...

 How to explain the existence of Bitcoin?

Bitcoin is an illusion, a mass hallucination, we hear. It's just numbers in cyberspace, a...

 How to generate a private key from my bitcoin address?

You cannot generate the private key if you only have the Bitcoin address; it's like trying to get...

 How to monitor the Bitcoin blockchain?

Depending on the purpose of your monitoring, you will likely need to run one or more Bitcoin full...

 How to report Bitcoin fraud in Quebec?

Financial market regulators around the world regularly warn consumers of the risks associated...

 How to secure my Bitcoin wallet from hackers?

Let's start by defining the difference between hot and cold storage: Hot storage: if private...

 How to send money from a Bitcoin wallet to a bank account?

You cannot send bitcoins to a bank account. However, you can sell your bitcoins on an exchange or...

 How to start mining Bitcoin easily?

Bitcoin mining will likely consume more electricity than you probably will gain. It is essential...

 I want to learn trading Bitcoin. How do I start?

Most Bitcoin exchanges are country-specific, but there is almost certainly one for you. In...

 If I accept bitcoin payments, is there a chance I could be breaking the law?

Bitcoin is not regulated, but in some jurisdictions this can be very problematic. We are neither...

 Is Bitcoin for payments or for store of value?

Those who claim that Bitcoin was first designed for payments insist that the whitepaper and forum...

 Is Bitcoin mining a good investment?

To answer this question, the first thing you need to answer is: what do you mean when you say you...

 Is Bitcoin's energy consumption a problem for the world?

Those who panic about crypto commit three fundamental mistakes. First, they do not understand...

 Is a Bitcoin transaction truly instant?

Transactions can be made instantly, yes. Like a credit card, when you make a Bitcoin transaction,...

 Is a bitcoin wallet free?

A Bitcoin Wallet is an application or program that allows you to send and receive Bitcoins....

 Is bitcoin taxed in Canada?

No need to worry if you bought some Bitcoin but have not touched it since, but once that...

 Is it legal to buy bitcoin in Canada?

As a Canadian, if you've ever considered buying Bitcoin, you probably asked yourself, "Is it...

 Is there any way to recover a Bitcoin private key?

If you have deleted your wallet application or if something happens to the hardware wallet, you...

 Is there anything similar to Bitcoin?

Generally, people turn to altcoins to protect themselves against Bitcoin. They will tell you that...

 Should I keep my Bitcoin on an exchange or in a wallet?

Only keep bitcoins that you are ready to lose on an exchange, in case the exchange gets hacked or...

 Should I sell my Bitcoins now and buy again cheaper?

Can you give us a price prediction in 30, 60, 90, 180 days from now for Bitcoin? If you cannot,...

 Should I worry about bitcoin heists?

If you're thinking of hosting a Bitcoin online service, you'll need top-notch security because...

 What are Bitcoin energy consumption myths?

The only thing more exciting than Bitcoin is the question of the fraction of world energy...

 What are the advantages and disadvantages of using Bitcoin?

Freedom of payment With Bitcoin, it is very possible to send and receive money anywhere in the...

 What are the connected peers on Bitcoin?

Bitcoin works on a P2P network. These are the network nodes on which your transaction will be...

 What are the types of fraud that can happen using Bitcoin?

Bitcoin Ponzi Schemes - Even in the crypto sphere, many multilevel marketing systems have been...

 What does a bitcoin consist of?

If you find the concept of Bitcoin confusing, you are not alone. Bitcoin has been a constant...

 What does the source code for Bitcoin look like?

Bitcoin is a protocol, not a software, so there is no Bitcoin source code. Bitcoin, the...

 What factors influence the value of Bitcoin?

Bitcoins have value because they are useful as a form of money. Bitcoin has the...

 What is Bitcoin and is it legitimate?

Bitcoin represent an escape from the imprisonment of the traditional financial system in which we...

 What is Bitcoin mixing? And why do people use it?

Bitcoin is often perceived as an anonymous payment network. But in reality, Bitcoin is...

 What is SPV?

SPV means a simplified payment verification. In short, SPV allows you to validate your...

 What is a Bitcoin fork?

Bitcoin forks already occur quite regularly. A by-product of distributed consensus, forks...

 What is a proof of coin or proof of reserve in Bitcoin?

 What is bitcoin hosting?

Hosted Bitcoin Apps, where you lease a private virtual server to host Bitcoin Apps such as...

 What is distributed consensus in Bitcoin?

There is no central authority such as a clearing house or central banks to approve transactions...

 What is the smallest denomination of bitcoin?

Bitcoin has been designed to increase in value over time. This is because the total amount of...

 What will replace bitcoin?

Nothing. No other cryptocurrency has been around for a long time or has resisted the same number...

 What's a safe place to buy bitcoins in Canada?

It has never been easier to buy Bitcoin in Canada, but with the recent QuadrigaCX's losses,...

 What's the link between Bitcoin and Thermodynamics?

The first law of thermodynamics, also known as Law of Conservation of Energy, states that energy...

 When is a transaction considered confirmed?

Whenever a transaction is added to a block, it receives 1 confirmation.  If a block is added to...

 When was Bitcoin introduced?

On August 18, 2008, the domain name bitcoin.org was registered. Later in the same year, on...

 Where are the bitcoin transactions recorded?

Your bitcoins are stored in addresses in the blockchain. This way, your Bitcoin transactions and...

 Which algorithm is used for Proof-of-Work (PoW) in Bitcoin?

Proof of work is hard to produce, expensive, long, but easy to verify for others and satisfies...

 Who accepts bitcoin? Can I use bitcoin to pay my hosting bill?

Many merchants have started accepting bitcoin in the last two years, but mainstream adoption...

 Who decides the value of bitcoins?

The answer to this question is quite simple and is based on the basic economic principles:...

 Why childrens are natural Bitcoiners?

We talk a lot about the unbanked people, but there might be a larger group that is much more...

 Why does Bitcoin need a proof of work?

There is no way to make sure everyone on the network is honest. So there must be a way to prevent...

 Why is Bitcoin superior to altcoins?

Why is Bitcoin superior to altcoins? Bitcoin is designed for the worst case. Until the worst case...

 Why is the world's most powerful hydropower plant is an ideal setting for bitcoin mining?

The Itaipú monolithic dam, shared between Paraguay and Brazil, which runs along the Paraná River...

 Will Bitcoin replace the current currency?

It is possible and won't be a first. The history of money is a history of evolution, of new...