Wednesday, September 30, 2020

Cryptocurrency Bitcoin

What is Bitcoin?

Bitcoin is the talk of the crypto world. It is described as the most popular cryptocurrency. But what is Bitcoin in real? Or what...

What is blockchain?

1) What is Blockchain? A blockchain is a public ledger of information collected through a network that sits on top of the internet. It is...

What happens when there is no Bitcoin left for mining?

In 2009, when Bitcoin was put into existence, it was difficult to imagine back then that a digital, electronically and cryptographically distributed currency could...

The enigma of Satoshi Nakamoto

Bitcoin was conceived as a cooperative project. Designed as open-source software and released to the public in 2009, Bitcoin was conceived with openness in...

Different Consensus Protocols: Explained

1.   What is proof of work? A proof of work is a bit of information which is troublesome (exorbitant, tedious) to create however simple for others...

What is Lightning Network? Explained

Bitcoin was introduced to the world by the pseudonymous Satoshi Nakamoto with a hope that one day it would perhaps be able to obviate...

What is Sharding? Explained

The dictionary meaning of shard is a small part of something. Sharding is a process of dividing a big database into smaller portions so...

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