Category: Education
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5 Advice for Those Who Would Like to Start Bitcoin Trading
For those who are new to trading Bitcoin and other various cryptocurrencies, starting off can be quite difficult due to the complications of understanding markets and general trading. Hopefully with the advices presented below you will get a rough idea of how to get started and start earning some
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 another. The keys have unrelated functional
CNY vs. USD or How is Bitcoin Traded?
Many of you may wonder about the currency distribution within the Bitcoin ecosystem. In order to answer this question we should analyse statistical data and compare the distribution rate of various fiat currencies. Currently, there are two different resources available for our research — bitcoinity.org and coinometrics.com — both
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, Shopify, and Gyft. Before checkout, most websites normally have
What are the Orphaned Blocks?
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 first person to find a
What Factors Control the Price of the Bitcoin?
There are plenty of different factors that go into the price of the bitcoin at any one point in time, but all of these different variables can be summed up in nothing more than supply and demand. The bitcoin is the ultimate version of a free market because there
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