Sep 11, 2022
Bitcoin ATMs: How They Work and How To Use Them
The BTM will initially prompt you to input the amount of money you wish to swap for Bitcoin. Next, you enter your cash deposit into the machine's appropriate container, the machine will then calculate its value in Bitcoin, and you'll receive it at the address you have provided to the Bitcoin ATM....
Sep 06, 2022
Best Cryptocurrency Payment Gateways For Your E-commerce Website
Here are some service providers you should consider if you want to stay in touch with technology by launching a crypto payment gateway on your E-commerce website. BitPay Coinbase Commerce Blockonomics CoinPayments NOWPayments OpenNode GoURL...
Aug 24, 2022
Is The Bitcoin Stock To Flow Model Reliable?
The Bitcoin Stock-to-Flow model was created in 2019 by a Twitter user known as “PlanB,” who developed a model for forecasting Bitcoin’s future returns in relation to Bitcoin halving events...
Aug 02, 2022
Bitcoin Covenants: What Are They and How Do They Work?
Bitcoin covenants are ideas that limit how and where a bought coin may be used and transferred. For example, using a covenant, one may whitelist or blacklist specific addresses, limiting where BTC might be spent even for the person who possesses the key to those Bitcoins....
Jul 22, 2022
Can Bitcoin Effectively Function As A Legal Tender?
Bitcoin is a decentralized currency, not subject to the politics or economics of any country; also, it is impossible to print (or, in this case, mine) more than 21 million Bitcoin; hence, the supply is deflationary...
Jul 08, 2022
What is Bitcoin Dominance?
Bitcoin dominance is the ratio of bitcoin's market capitalization to the total market capitalization. Bitcoin dominance is the percentage of the total cryptocurrency market capitalization that bitcoin possesses....
Jun 30, 2022
Global Recession: What is the fate of the crypto market?
- A global recession looms - The crypto market isn’t immune to dips during financial crises - The crypto market will always bounce back, but some coins will be dead forever - DYOR; ensure you are investing in a token with actual utility....
Jun 20, 2022
UNSPENT TRANSACTION OUTPUT (UTXO) EXPLAINED
An unspent transaction output (UTXO) is the leftover cryptocurrency in a wallet, following a transaction. So, for example, if you have 10 BTC as your Bitcoin balance, it isn’t just a single unit of 10 BTC but accumulated UTXOs of several leftover balances....
Jun 10, 2022
WHAT ARE MINING POOLS?
A mining pool involves the collaboration of hundreds or thousands of interdependent miners running the same mining software (client). Since they have cumulatively invested their resources towards mining, they will stand a better chance of earning mining rewards....
Jun 09, 2022
HISTORY OF BITCOIN FORKS
A Bitcoin fork is a new version of bitcoin's open-source software, with an upgrade to its underlying technology... a Bitcoin fork happens when two sets of miners cannot reach a consensus on the blockchain update to follow; hence, the blockchain splits into two versions....
Jun 06, 2022
TIPS TO INVESTING IN LIGHTNING NETWORK
...to invest in the lightning network, you must become involved in the network participation of an LN-compatible blockchain by creating a lightning node. A lightning node is a computing unit that interacts with the main blockchain network....
Jun 06, 2022
What is Bitcoin Halving?
A block halving is a process that reduces the creation of new bitcoin units. It refers explicitly to the regular halving events and reduces the block rewards granted to miners. Miners lose 50% of their transaction processing incentives with each halving....
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