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Tag Archives: bitcoin 2018

How to invest in Bitcoin safely?

Notes when investing in Bitcoin

How to invest in Bitcoin effectively and safely may be one of the most concerned topics among cryptocurrencies association. Despite being a superpotential market that could bring tons of profit to the investor, profit always comes with risk. The higher the profit is, the higher the risk is. This is …

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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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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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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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