Bitcoin

What is a Hashed Timelock Contract (HTLC)?

There are many aspects about cryptocurrency most people have never heard of, and one of these technological features goes by the name of Hashed Timelock Contracts or HTLCs. This feature can prove to be quite powerful when it comes conducting ...

How to Simply Explain Bitcoin Sidechains – A Guide for Total Beginners

An important sidechains whitepaper was published a few years ago: You’ll know this is a seriously eminent group of authors if you’ve followed Bitcoin for any time. The whitepaper is quite technical and describes a way to build ...

What is Lightning Network and How does it Work?

Network scalability has been a hot topic of discussion in the bitcoin community over the last couple of years, and there are many different solutions in the works from a variety of bitcoin developers and sub-communities. The Bitcoin network ...

What is bitcoin fungibility?

What do you think about the fungibility of a bitcoin? So one Euro is one Euro is one Euro. If you receive a Euro, it doesn't matter where it came from, it doesn't matter if two people before you it was stolen. It doesn't matter if two people ...

What are bitcoin private keys? Complete Guide For Beginners

Create a new Earth for every grain of sand on Earth, and there are 26 billion unique Bitcoin addresses for each grain of sand on each of those Earths. It's not easy to slow down hackers and provide equal access to everyone in the world. However, ...

Bitcoin vs Fiat Money: Comprehensive Comparison

So, bitcoin is the next generation of money technology. Money is very old human invention and it went through its own evolution since it's inception. Current form of traditional money is called fiat money. Fiat money is a currency without ...

Best VPN Services to Buy with Bitcoin and Cryptocurrencies

Bitcoin is one of the few payment methods that allows customers to pays for VPNs anonymously. This post lists the best VPNs that you can buy with Bitcoin or XRP or some other altcoin like Ethereum, Litecoin etc. Note: All VPNs claim secure ...

Is Bitcoin’s Consensus Algorithm Outdated? What Are the Alternatives?

As a field of computing and as an industry, blockchain technology has moved far beyond that of Bitcoin, not just in magnitude but in sophistication. While Bitcoin did (and to an extent still does) a fantastic job of introducing blockchain and ...

Tax evasions in Canada are on the rise – cryptos are primary suspects

Reports have been coming in from the Canada Revenue Agency that the country is experiencing a massive surge in the number of tax evasion cases. According to the agency, the cases are not only directed towards individual citizens, but also large ...

The Application of AI Is Improving the Security of Digital Payments

Even after the use of credit or debit cards have become commonplace, we still haven’t mitigated the threat of credit card theft. A lost card or stolen pin can result in our savings being cleared from our accounts if we’re not quick enough to catch ...