As Bitcoin and other forms of cryptocurrencies are becoming more famous and readily used by people worldwide, it has become the need of the hour to ensure its secure storage as well as transactions. There are typical cases of the hacking of the Bitcoin exchanges wherein people lose a considerable amount of their hard-earned money. This might be the case while using the “soft” … [Read more...]
What Is Bitcoin And How It Works? Noobs Guide Inside
BitCoin and other Cryptocurrencies are very much up in the air these days. People want to get in and make money out of this gold rush but don't really know what exactly is this new technology all about. I have already posted an article about Blockchain technology, now let me educate you on the mighty Bitcoin and how it works. Digital currencies tend to be decentralized. … [Read more...]
What Is A Bitcoin Address And How To Get One? Explained
A Bitcoin address which also goes by the name as simply “address”, is used for representing an identifier consisting of 26-35 alphanumeric characters. A typical Bitcoin address begins with the number 1 or 3. These numbers are used to represent the possible destination for a particular Bitcoin payment. Any user is able to generate the Bitcoin address at no additional cost to the … [Read more...]
What Is Bitcoin Mining And Where To Start? Complete Guide
You might have heard Bitcoin mining a million times in the recent times. Do you know what exactly is this Crypto Mining thing? If not, start reading! Mining was once a word that was associated with precious metals and stones. So how did bitcoin get associated with mining? It is because the process of mining bitcoins is very similar to that of other commodities like gold. It … [Read more...]
What Is Cryptocurrency And Blockchain Technology?
Cryptocurrencies are in the recent times enjoying an increase in popularity amongst several business partners as people are now selling great items in almost every domain. Cryptocurrency trading is gradually becoming a famous alternative of earning higher profits and substantial money on the online platform. As such, the world is observing a great hype about the terms like … [Read more...]