How to Get Bitcoins

How to Get Bitcoins

How to Get Bitcoins Once you’ve decided that you’d like to tryout this new Bitcoin phenomenon, it can be difficult to figure out where to get started. Having said that, the answer of how to get bitcoins is actually much easier than you may think. The best way to think...
Bitcoin Wallets

Bitcoin Wallets

If you’re just getting started with Bitcoin, then you’ll want to learn about all of the different ways you can store your coins. The Bitcoin wallet is the file that stores your private keys. These keys are what are used to sign transactions for certain Bitcoin...
What are the Advantages of Bitcoin?

What are the Advantages of Bitcoin?

Many people have become fascinated by Bitcoin over the past few years, but there are still plenty of individuals out there who don’t get the big picture. There are some people who have become devout Bitcoin evangelists after hearing about the world’s first successful...

What is Bitcoin?

If you try to find out about Bitcoin from someone on the Internet, you’re probably going to get a variety of different answers. Some will call it “digital cash”, while others will claim it is “gold 2.0”. While these short descriptions do a good job of pointing out...
What is a Coinbase Transaction?

What is a Coinbase Transaction?

All transactions on the bitcoin network are not created equally. A coinbase transaction is a unique type of bitcoin transaction that can only be created by a miner. This type of transaction has no inputs, and there is one created with each new block that is mined on...
What Is Hashing Algorithm?

What Is Hashing Algorithm?

In public-key cryptography, a hash value is used as a summary of the initial input number. A hashing algorithm is applied to the original input number to create that hash value. The point of a hash value is that it is theoretically impossible to find the original...
What are Public and Private Keys?

What are Public and Private Keys?

Public key cryptography, also known as asymmetric cryptography, is a type of cryptographic algorithms that operate with the help of two separate keys — private and public keys. These two are different, but at the same time they are mathematically related to one...
What are Bitcoin Payment Service Providers?

What are Bitcoin Payment Service Providers?

Bitcoin payment service providers (PSP) enable customers and merchants to buy easily and sell goods over the internet using Bitcoins. Bitpay, one of the leading Bitcoin payment service providers, is the main processor for many leading industries such as Newegg,...
What Should You Know About Trading Bots?

What Should You Know About Trading Bots?

Have you ever heard about “whales” in the cryptocurrency market? The big money Bitcoin players supposedly have almost mythical powers of moving the price up or down at any time. Moreover, they are often used as an excuse for losing money on the market....
Crypto 2.0: a Historical Look Inside

Crypto 2.0: a Historical Look Inside

At the rise of Internet, users mostly consumed information than created content. In 1999, the whole picture changed while a new concept of Web 2.0 evolved. From this point, a global community stepped in and contributed to generating content. Wikipedia, the world’s...