Bitcoin basics

An illustrated look at the biggest events that impacted Bitcoin through the years.

Every four years bitcoin rewards are cut in half to ensure that an infinite supply doesn’t erode its value in future.

XBT and BTC are both abbreviations for Bitcoin and are recognised tickers, but the XBT ticker was given by the ISO.

Let’s look at the previous attempts to create digital currencies that made Bitcoin possible.

While your local currency – whether it’s dollars, pounds or something else – are issued by central banks, new Bitcoins are issued to Bitcoin miners in return for certain tasks they carry out to keep it running. These tasks fall…

Each Bitcoin is created through a process called mining and the people that mine cryptocurrencies are called miners. These miners use powerful, specialised computers to validate transactions on the Bitcoin network, also known as the Bitcoin blockchain. In return for…

Bitcoin is a cryptocurrency and the Bitcoin blockchain is the ledger, or the spreadsheet, on which all the transactions that have ever been made with Bitcoin are recorded.

There are currently around 18.9 million Bitcoin in circulation, with a maximum supply of 21 million. The remaining couple of million Bitcoin are expected to be fully mined by 2140. You may be wondering why it will take over 100…

Bitcoin’s price is linked directly to supply and demand, and events that impact the economy on a national and global level impact people’s need to buy or own (hodl) the cryptocurrency.

What does stacking sats mean? A satoshi is simply the smallest unit of Bitcoin, 100 million satoshis make up one whole Bitcoin.

Bitcoin and Uniswap run on different infrastructures and have different intended purposes. Bitcoin is a digital currency used for electronic transfers, and Uniswap is primarily designed for its underlying decentralised exchange.

If you suspect you’re a victim of scam activity be sure to review your recent transactions and follow these steps.