• Bitcoin

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by Satoshi Nakamoto and released as open-source software in 2009. Read the white paper for more understanding.

Will Bitcoin Ever Go Above $20,000? 0

Will Bitcoin Ever Go Above $20,000?

Since December 2017, many Bitcoin followers have been wondering when this cryptocurrency will experience another run-up. Since the inception of virtual currencies, Bitcoin has been the pack leader. Unfortunately, it’s been a couple of months now and Bitcoin has not even crossed the 15k border yet. Bitcoin is not the only cryptocurrency currently experiencing a...

Germany’s Tourism Board Accepts Bitcoin Payments-1068x1068 0

Germany’s Tourism Board Accepts Bitcoin Payments

The German National Tourism Board has announced that it accepts cryptocurrencies such as bitcoin for its services. The organization promotes German travel destinations with offices in 32 countries around the world. GNTB also intends to implement blockchain technologies in its finances. “We want to be a global innovation driver in the tourism industry,” its chairperson recently...

What Bitcoin Can Teach us About Web Security in 2018 0

What Bitcoin Can Teach us About Web Security in 2018

Bitcoin’s here to stay – there’s no doubting that at this point. Despite the wild price fluctuations the cryptocurrency underwent in late 2017, and despite the fact that other blockchain-based digital currencies are much less expensive to both buy (and to mine), the primacy of the grandaddy of all cryptocurrencies is intact. Aside from the dangers of not...

For world's 'unbanked,' bitcoin is the future 0

For world’s ‘unbanked,’ bitcoin is the future

Is bitcoin a currency, or an investment? A speculative bubble, or here for the long run? As the debate continues, one thing is certain. Bitcoin is filling the holes of the legacy financial system and providing real solutions for pressing problems, like the banking of the unbanked. Leaders everywhere call for the same goal of...

Dutch court rules that Bitcoin is a legitimate ‘transferable value’ 0

Dutch court rules that Bitcoin is a legitimate ‘transferable value’

A Dutch court has ruled in favor of a petitioner who was owed 0.591 BTC by a private company. Significantly, the judgement classifies Bitcoin as a “transferable value” – a strong sign towards the mainstream adoption of cryptocurrencies. The petition was filed in a Dutch court by one Mr. JW de Vries on 2 February 2018 against Koinz Trading...

Twitter CEO Believes Bitcoin Will Become the World’s Most Valuable Currency 0

Twitter CEO Believes Bitcoin Will Become the World’s Most Valuable Currency

In a report published by the British newspaper “The Times,” the visionary businessman behind Twitter and Square claimed he is convinced that Bitcoin will overtake the Dollar and FIAT money as the world’s single currency. Square CEO Jack Dorsey has spoken publicly many times about the benefits of cryptocurrency and the blockchain. Bitcoin is, without a...

Are Tulip Mania and Bitcoin (BTC) Related? 0

Are Tulip Mania and Bitcoin (BTC) Related?

The bull run of the digital asset left nothing in the mind of skeptics other than the emanation of a Tulip mania of our time. Names and attributes are largely linked and the destiny of Bitcoin (BTC) has been tied to another asset that made the waves in the 16th century. In a popular adage, they say...

5 Reasons Bitcoin is Fundamentally Stronger Than Ever 0

5 Reasons Bitcoin is Fundamentally Stronger Than Ever

Price of Bitcoin got you down? Don’t worry! Bitcoin isn’t dead (again). What’s more, here are five reasons the world’s first cryptocurrency is fundamentally stronger than ever. MORE PEOPLE ARE USING IT Metrics gauging Bitcoin users and usage all point to a continuous uptrend, albeit with peaks and alleys along the way, just like with...

A city in Slovenia just unveiled the world's first Bitcoin monument-750-501 0

A city in Slovenia just unveiled the world’s first Bitcoin monument

The first monument to the blockchain technology that underpins crypto-currencies took center stage on Tuesday on a roundabout in Slovenia, authorities in the country’s fourth largest city said. Weighing three tonnes and with a diameter of about seven meters the circular metal sculpture was unveiled next to the courthouse in Kranj, about 30 kilometers (20...

Lightning Network Mainnet Passes 1000 Nodes as Release ‘Nears’ 0

Lightning Network Mainnet Passes 1000 Nodes as Release ‘Nears’

The Lightning Network (LN) has passed 1000 active nodes on its Bitcoin mainnet implementation, marking a major milestone for the scaling solution. LIGHTNING: 1003 NODES, ALMOST 2000 CHANNELS Data from monitoring resources show 1003 nodes online at press time March 12, with a record high 1892 open channels. The news comes as commentators speculate from technical progress...

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