What is an Orphan Block?

What is an Orphan Block?

There are plenty of people out there who are upset at the amount of computing power and electricity that is currently going into Bitcoin mining, and these people would likely be even more upset after learning about the intricacies of orphaned blocks. Although the...
What is Proof-of-work and How Does it Relate to Bitcoin?

What is Proof-of-work and How Does it Relate to Bitcoin?

Proof-of-work is a system that can be used to prevent various forms of attacks of a network, such as denial of service or spam. The system forces someone connected to the network to perform a bit of computer work before they’re allowed to participate. By forcing an...
What is Cryptography?

What is Cryptography?

Many people have heard of the term “cryptocurrency”, but they are unsure of the origins of this new addition to the English language. The second half of the word is rather straightforward, as a currency is most easily understood as another term for money. In most...

7 Things to Learn About Bitcoin

So, you are new to Bitcoin, but would like to dive into the waves of the new technology. What should you start with? Here are 7 facts about the basics of Bitcoin that can help you with. We suggest you take a 5-minute break to read them and start your Bitcoin journey....