What will happen on Aug 01 Bitcoin segwit?

What is segwit? Segwit is an architectural change the way bitcoin transactions are constructed. Signature(witness) will be separated from the transaction that is why it is called segwit. The effect of segwit will solve long standing serious problems and issues simultaneously within bitcoin architecture like: transaction malleability, calculate signatures in different way, it will allow […]

Read More

Wallets and Addresses

If you want to own a bitcoin or other cryptocurrency, you definitely need a wallet. Since cryptocurrency is a form of digital currency, the container that will hold it is also in digital form. Each cryptocurrency implements its own wallet. A wallet is a container of addresses and keys. It is like a database of […]

Read More

What is blockchain technology?

Blockchain is a technology behind Bitcoin, other cryptocurrencies and decentralized applications which allows the whole network to get a copy of records of transactions, also known as ledger or block. It is a public ledger of all transactions executed. It is a decentralized consensus system based on proof-of-work(read more). Blockchain is so secured that it […]

Read More

Alt coins

After the greatness and success of Bitcoin, many others followed its track, some are built from bitcoin core and others are programmed from scratch but following the bitcoin pattern. Alt-coins are minor coins and has different features and capabilities. Alt-coins operates in different blockchain network probably its own developed blockchain. We will examine each popular […]

Read More

Getting started with Bitcoin

This guide may apply to almost all cryptocurrencies. But I used bitcoin as a reference for this guide. When you are learning about bitcoin, first thing you might ask is, what do I need? How am I gonna start using or investing or acquiring bitcoin (read more about bitcoin here)? I’m gonna tell you the […]

Read More

Why bitcoin is popular?

While writing this, I asked myself, why this type of cryptocurrency is so popular? And the most important question that amazed me when I was learning about bitcoin: What fascinates other people especially the prominent one? After research and survey, I had come up with these items below that attracts programmers, consumers, businesses, prominent people […]

Read More