What is Bitcoin and its features?

Introduction to Bitcoin Bitcoin is an advanced form of currency that is used to buy things through online transactions. Bitcoin is not tangible, it is completely controlled and made electronically. One should be careful when contributing to Bitcoin as its price is constantly changing. Bitcoin is used for various currency exchanges, services and products. Transactions …

What is the meaning of blockchain?

Blockchain is a unique invention: the brainchild of a person or group of people known as Satoshi Nakamoto. But since then it has evolved into something more significant and the main question everyone is asking is: What is Blockchain? By allowing digital data to be distributed but not copied, blockchain technology has created the backbone …

A Brief History of Bitcoin

Bitcoin is the leading cryptocurrency in the world. It is a peer-to-peer currency and transaction system based on a decentralized, consensus-based public ledger called blockchain that records all transactions. Now, Bitcoin was envisioned in 2008 by Satoshi Nakamoto, but it was the product of many decades of cryptography and blockchain research, not just the work …

Visa says you can buy almost anything except cryptocurrencies

The news this week is that several banks in the US and UK have banned the use of credit cards to purchase cryptocurrencies (CC). The reasons given are unbelievable – as an attempt to curb money laundering, gambling and to protect the retail investor from excessive risk. Interestingly, banks will allow debit card purchases, making …

Beginner’s Guide: An Introduction to Cryptocurrencies

Introduction: To Invest in Cryptocurrencies The first cryptocurrency to emerge was Bitcoin, which was built on Blockchain technology and was probably launched in 2009 by a mysterious person, Satoshi Nakamoto. At the time of writing this blog, 17 million bitcoins have been mined and it is estimated that a total of 21 million bitcoins can …