What Is Cryptocurrency Mining And How Does It Work? Cryptocurrency mining is the process by which new crypto coins are created through solving extremely complicated mathematical problems that verify transactions. Unlike fiat currency which is based on a centralised physical bank, cryptocurrency runs on a decentralised computer network or distributed Read more…
Alleged Bitcoin Inventor Trial Ends But The Real Satoshi Still Unknown The trial of alleged Bitcoin Inventor failed to show that he, indeed is the real inventor. This is because a jury has ruled that Craig Wright, self proclaimed Bitcoin inventor, won’t have to give up half of his supposed Read more…
The Necessity That Created Cryptocurrency One of the reasons why cryptocurrency had to be invented revolves around the issue of trust. Whenever you make a transaction with your credit card, you are putting your trust in a third party such as a bank. The bank has the power to stop Read more…
What Is Bitcoin? And What Makes It Tick? Bitcoin is a decentralized digital currency based on the blockchain technology. Blockchain is a made up of a "chain" of linked data units called "blocks" that store information about each and every transaction, hence the name. Each block stores a transaction’s: date Read more…
What is blockchain? And What Makes It Secure? A blockchain, sometimes referred to as Distributed Ledger Technology (DLT), is a public digital ledger in bitcoin or another cryptocurrency maintained across several computers that are linked in a peer-to-peer network. The computers on the blockchain network are linked directly with each Read more…