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Bitcoin – BTC

Get the latest information related to Bitcoin – BTC. The cryptocurrency market movements that an investor is interested in

What is Bitcoin? Should we invest in Bitcoin?

what is btc

What is Bitcoin? What is Cryptocurrency? Are Cryptocurrency and Bitcoin real currencies? If so, what for? Should I invest in bitcoin? These are recently the most popular topics and questions which are being considered massively all over the World. When going to search on Google with this keyword “what is …

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Types of Bitcoin transactions

Types of Bitcoin transactions

There are six types of standard Bitcoin transactions at present. Developers behind Bitcoin have been constantly developing more types of deals to provide more functionality – the current list may change in the future. There are five typical transactions accepted by standard customers – although some miners will accept a …

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What is the transaction lock time of Bitcoin?

What is the transaction lock time of Bitcoin

The Bitcoin transaction lock time is the time when a particular deal can be added to the blockchain. This is the earliest time that miners could solve Merkle’s computing to attach the deal information to the latest block of the blockchain.   There are two types of transaction lock time. …

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Bitcoin Transaction – Pay to Public Key

Bitcoin Transaction - Pay to Public Key

Pay to public key is a very familiar process when you have to pay an amount of money to the address or to script hash. The only difference between them is the data presented because the public key is presented as an elliptic curve and therefore it is unnecessary to …

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What can you buy by using Bitcoin and other cryptocurrencies?

What can you buy by using Bitcoin and other cryptocurrencies

Bitcoin and other Cryptocurrencies are exploding all over the e-commerce market. They are gradually being accepted on most electronic payment websites. You can almost buy anything you want with Bitcoin. You could buy anything with Bitcoin and other cryptocurrencies. You will notice that the Bitcoin, Dogecoin, Litecoin, Vericoin or even …

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How is a Bitcoin transaction handled?

How is a Bitcoin transaction handled

Pay to Script hash (also known as P2SH) is a multi-level conceptual extension that can reduce the burden on the Bitcoin storage infrastructure. Pay to script hash (P2SH) transactions were standardised in BIP 16. This computing allows transactions to be sent to a script hash (address starting with 3) instead …

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What is the Genesis Block of Bitcoin?

What is the Genesis Block of Bitcoin

The Bitcoin Genesis Blocks are the first block in the blockchain. All cryptocurrencies have a genesis block but the one of Bitcoin is much more special because it is the first one. What is the Genesis Block of Bitcoin? Each following block is generated from the genesis block. These new …

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The differences between Ethereum and Bitcoin?

The differences between Ethereum and Bitcoin?

Bitcoin and Ethereum are the most popular Cryptocurrencies, at present. On the market capitalization side, Bitcoin is far beyond Ethereum, but on the development side, Ethereum is considered as potential as Bitcoin. Although both are based on Blockchain architecture, each has own differences. Let’s find out what are the differences …

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