Bitcoin been superior to all cryptocurrencies with lot of great features should be considered what to invest in. There are people who became millionaires today because they invested in bitcoin. Some bought bitcoins years ago when it was cheap and today they are really enjoying the profits. Then, some didn’t believe Bitcoin will exist till […]
I’ve talked aboutcryptocurrency, mining, Bitcoin, how to earn bitcoins and now I will be writing on the topic “What is Bitcoin wallet, types and how does it work”. A Bitcoin Wallet is a software that stores bitcoin. The wallet works just like your internet banking account. It is responsible for making all transactions like sending […]
We discussed about Bitcoin in our previous post. You may refer to it here incase you missed it. Today we will be talking about “Words associated with Bitcoin”. ADDRESS: Your Bitcoin wallet address works just like your email address. It contains a string of alphanumeric characters. It can be represented as a scannable QR code. […]
WHAT IS BITCOIN AND HOW DOES IT WORK ? (FULL DETAILS) I’m assuming you already know what cryptocurrency is. If you don’t, you can click here to read. Bitcoin is a cryptocurrency that can be used by anyone that has an internet connection. It was created in 2009 by Satoshi Nakomoto. It is the world’s […]
Crypto mining is a course of action in which cryptocurrency is being generated via the use of computing power. Mining of cryptocurrency ensures the release and existence of new crypto coins in the already existing and circulating supply of cryptocurrency. Crypto mining is a factor responsible for making crypto work in a decentralized system without the need for a third party or central authority.
A cryptocurrency is a digital currency or internet-based medium of exchange that uses cryptography as a means of security (the science of hiding information). Digital Signatures are used to secure cryptocurrency transactions and to enable people confirm that their transactions are successful. The cryptocurrency market is not under the control of one person, government or any central authority, rendering them theoretically unaffected by government interference or manipulation