The concept of bitcoin, which is an alternative currency system, is taking the world by storm. Its major benefit is that it is totally free of inflation, unlike all existing money systems. The growth of the currency in the internet has been quite rapid and is expected to continue to grow. Most of the people […]
The Benefits of Using Bitcoin As a Currency
Even though there is still much that needs to be understood about Bitcoin and other cryptocurrencies, there are a number of positives that the technology has brought with it. Those who own a portion of Bitcoin or another crypto-currency may find the prospect of earning extra income while doing nothing more than exchanging value fascinating. […]
The Magic of Bitcoin – A Technical Overview
The future of digital currency is bitcoin. This emerging technology is the latest and greatest application of the Internet. As its name implies, this is a payment system that uses a decentralized network of computers to process transactions without an intermediary. Although many companies are pushing hard to see this technology implemented as a global […]
The Differences Between Segwit and Legacy Wallets
The difference between a legacy and Segwit wallet will be a point of interest for a great number of people in the coming weeks, months and years to come. Segwit is one of the biggest changes to the current technology that has been brought about by the increase in popularity of the digital currency that […]
Bitcoin Network Topology and Discovery
Network topology and discovery are the two words that describe the different levels of abstraction that are common in the bitcoin network. These are not the terms used to describe bitcoin software, but they are the only terms that describe a single piece of information that is generated by every bitcoin node. This piece […]