Comparative Decimal blockchain analytics for the period: 26.02 – 03.03 and 19.02 – 25.02

  Comparative Decimal blockchain analytics for the period: 26.02 – 03.03 and 19.02 – 25.02 ● For the period of 7 days: + 11,081 transactions; Indicator: +10%. Total transactions: 2 275 192. ● Total validators: 83; 52 online, 31 offline. ● Number of blocks added are: + 107 193; Total blocks: 19,538,975. ● Block reward: … Read more

Weird Ancestors of Bitcoin and Blockchain

Weird Ancestors of Bitcoin and Blockchain

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

Bitcoin vs Central Banks

Bitcoin vs Central Banks

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

What problems will the Bitcoin blockchain have to solve?

What problems will the Bitcoin blockchain have to solve?

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

Cryptocurrencies: how can they have value if they don't really exist?

Cryptocurrencies: how can they have value if they don’t really exist?

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

Halving Bitcoin: 3 Most Important Concepts for Beginners

Halving Bitcoin: 3 Most Important Concepts for Beginners

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

What are Bitcoin batch transactions?

What are Bitcoin batch transactions?

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