Bitcoin

SegWit2x was a proposal for upgrading Bitcoin block sizes. It was never implemented due to the Bitcoin developer community failing to reach a consensus on it. SegWit2x was a follow up to the SegWit, which reorganised how verification signatures were…

It’s a tricky business trying to bundle together the factors that determine the value of something. Investors often look to the inherent value, or the underlying value in a company when deciding which stock to buy, while commodities such as…

Satoshi Nakamoto, Bitcoin’s creator(s), designed Bitcoin in such a way that the rate at which new Bitcoin is created is halved every four years. This will continue to happen until there are 21 million Bitcoin in circulation, after which no more coins will see the light of day. Bitcoin is expected to reach its hard limit in the year 2140

Where did Bitcoin come from? Who created it and why? What is its purpose? Could one person have really created it? These are common questions within the cryptocurrency community.

Ethereum and Bitcoin are both cryptocurrencies but they are fundamentally different in their use cases.

Bitcoin was developed as a digital decentralised currency with the aim of paying for goods and services. XRP, on the other hand, was created for banks and payment networks as a means of payment settlement, a money transfer system, and…

As mentioned in an earlier section, one can think of Bitcoin as one big global ledger system that records transactions (or ‘moving money’) between one person to another. Whenever Bitcoin transactions are processed on the Bitcoin network – that means…

There are a number of ways you can get Bitcoin: Just like traditional money, you can earn it by providing goods or services, and asking for people to pay you in Bitcoin rather than in traditional money. This is often…

One of the key characteristics of Bitcoin is that only 21 million Bitcoin will ever be created (or ‘mined‘). However, releasing them all at once could cause a number of problems. If they’re released too quickly but demand doesn’t grow,…

You can buy part of a Bitcoin.

Bitcoin is pseudo-anonymous, addresses can be traced.

Bitcoin’s security is one of its major assets. But can it be hacked?