BITCOIN 101: Hard Fork vs Altcoin

BITCOIN 101: Hard Fork vs Altcoin

The most recent Bitcoin hard fork occurred last August 1, a lot of questions are arising regarding its nature. Why does Bitcoin Cash have to be a variant of the main Bitcoin chain and not just be its own altcoin? Let us discuss what differentiates a hard fork from an...
BITCOIN 101: Common Bitcoin Jargons

BITCOIN 101: Common Bitcoin Jargons

Bitcoin and Cryptocurrencies are difficult to understand for people that are new to the technology. There are lots of jargons used in this field that might confuse you. You have most likely heard of the terms block, mining, faucet before. We will explain what these...
BITCOIN 101: What is Bitcoin

BITCOIN 101: What is Bitcoin

What is Bitcoin? It was the first type of cryptocurrency ever created. Unlike conventional currency, it is neither printed nor regulated by one single entity. Instead of being minted, Bitcoin is produced by computer software by solving complicated algorithms in a...
Bitcoin 101: How Cryptography is Used in Bitcoin

Bitcoin 101: How Cryptography is Used in Bitcoin

Cryptography is a method of storing and transmitting data in an obscure and confidential form so that only the intended receivers of the message are able to understand it. It is the backbone on which Bitcoin and all other cryptocurrencies are based on. Advantages of...