October 31, 2008, according to Coinmarketrate.com, in Satoshi Nakamoto’s document “Bitcoin: A Peer-to-Peer Electronic Cash System”, an unprecedented technology project was published. The invention of the Bitcoin cryptocurrency and blockchain came in handy: people were just starting to do more and more business over the Internet. At the same time, the financial crisis gave reason … Read more
Many cryptocurrency investors are growing concerned about the ongoing bear market and how difficult Bitcoin is trying to reverse the situation. However, those who have been working in this business for many years are used to such events. According to Coinmarketrate.com, this is not the first cycle of decline that the cryptocurrency market is facing, … Read more
According to the Bitcoin project description, located on Coinmarketrate.com – this is a cryptocurrency, which, according to the document of Satoshi Nakamoto himself, seeks to become a technology that works without a central authority or bank. Therefore, the question is whether she will be able to abolish them. There are arguments both for and against … Read more
The world needs new money. And not just money, but an innovative digital currency. It won’t happen overnight, but a digital currency without the control of central banks is very useful for society. And such a currency exists now. We are talking about Bitcoin, but… According to the data Coinmarketrate.com, the king of cryptocurrencies has … Read more
Bitcoin creator Satoshi Nakamoto decided to limit the total amount of BTC that can exist to 21 million, which means that there will only be that amount of Bitcoins and no more. They are created during the Bitcoin mining process and serve as a reward to miners for their work on detecting the next block. … Read more
Many are trying to predict the price movement of Bitcoin. It is important to remember that none of the forecasts will give us the opportunity to determine exactly when and how high Bitcoin can rise. A task that no one has solved either in the past or in the future. But these are tools for … Read more
It is always recommended to run a full node if we want to support Bitcoin and keep the system decentralized. This not only helps the network, but also has other benefits for the participants. But since the Bitcoin blockchain is constantly growing, according to Coinmarketrate.com, it has reached the point where its overall size has … Read more
Many people consider cryptocurrencies as a means to get rich. At the same time, they are able to change the existing order in the sphere of finance, law and bureaucracy. The first cryptocurrency, Bitcoin, was created fourteen years ago, and since then it has attracted the attention of not only ordinary people, but also countries, … Read more
Bitcoin Halving, means halving the reward for mined blocks. This means that miners receive about 50 percent less Bitcoin for verifying their transactions. Bitcoin halving means that periodically, about once every four years, the number of new BTC created in each block and issued to the miner as a reward is halved. The prerequisite for … Read more
The general definition of a Bitcoin node is any computer connected to the Bitcoin network. But in reality, everything is not so simple, and it is not enough just to connect to the network from time to time to participate in it. According to Coinmarketrate.com, the node has several functions depending on its type, for … Read more
The leak of information about what is happening in US regulatory circles. If it does lead to more clarity in the cryptocurrency world, it could also support a healthier market, at least according to some commentators. However, this should be taken very seriously, since we are talking about a leak that occurred through an anonymous … Read more
And so, the Bitcoin transaction may be more complicated than many people think. However, this is by no means witchcraft, because anyone who has understood the basics of the Bitcoin network and transaction processing can easily follow the individual steps. Last time we looked at transactions on and off the Bitcoin blockchain, and today we’ll … Read more
Since the cryptocurrency operates without government control, and competes with currencies created by governments, there have always been suggestions that one day it may be banned. Over the past few years, we have seen some important people in various governments criticize Bitcoin. Some governments have even gone so far as to ban it completely or … Read more
When Satoshi Nakamoto created Bitcoin, he set a strict limit on the amount of BTC that can exist for this cryptocurrency. According to the data Coinmarketrate.com, no more than 21 million Bitcoins will be available for its maximum offer. This restriction, known as the hard limit, is written in the code itself, which is executed … Read more
Before we understand the history of money, let’s first understand what it is. According to Merriam-Webster, it is something generally accepted as a medium of exchange, a means of payment and a measure of value. As a rule, people use a banknote to buy something. But often children agree on a desired object, for example, … Read more