Why Governments Are Afraid of Bitcoin?
Bitcoin claims it is “the first decentralized peer-to-peer payment network that is powered entirely by its users without any central authority or middlemen.” This lack of central authority is the…
Can Bitcoin Kill Central Banks?
Central banks played an important role in the 2008 financial crisis through their policymaking. Bitcoin (BTCUSD) was one of the solutions to this crisis. Bitcoin (BTCUSD) is a peer-to-peer and…
What is Dash?
The cryptocurrency Dash was first launched in 2014. Originally known as Xcoin, it was rebranded to Darkcoin. It was rebranded as Darkcoin in 2014 and adopted its current name, Dash.…
How does Bitcoin Mining Work?
What is Bitcoin Mining? Bitcoin mining is the process of generating new bitcoins. However, it is also crucial for the development and maintenance of the blockchain ledger. This is done…
What Determines the Price of 1 Bitcoin?
What is the Price of Bitcoin? Bitcoin is a cryptocurrency developed in 2009 by Satoshi Nakamoto, the name given to the unknown creator (or creators) of this virtual currency. The…
Bitcoin Vs. Ripple – What’s The Difference?
A comparison of Ripple and Bitcoin The cryptocurrency investing universe appears to be limited to bitcoin from the outside. As the most well-known cryptocurrency, bitcoin is the leader in market…
What Happens to Bitcoin after 21 million are Mined?
Bitcoin can be described as a digital gold in many respects. Bitcoin cannot be created arbitrarily like gold. It requires effort to “extract.” Bitcoin must be “mined”, just like gold.…
Who Is Charlie Lee, Litecoin Founder?
Many digital currency enthusiasts see bitcoin and Ethereum as central points. Amateur investors might also be familiarized with other cryptocurrencies such as ripple or EOS. They may also be familiarized…
What are Coin Mining Pools?
Mining rewards are given to those miners who resolve the puzzle first. The probability that a participant will find the solution is equal or greater than the share of the…
What is Litecoin?
Litecoin, a cryptocurrency, was created in 2011 by Charlie Lee (an ex-Google engineer). Litecoin ranks ninth in market capitalization. It was initially a strong competitor for bitcoin. Litecoin’s popularity declined…