Tag: Cryptocurrency

Bitcoin Mining

Bitcoin Mining: Everything You Need To Know

Everyone has heard of it by now, but what is bitcoin mining or cryptocurrency mining? Bitcoin mining refers to a decentralized computational process where new bitcoins are created for each block and where transactions are confirmed in a trustful manner.   The process is resource intensive and difficult. This is because a lot of hardware […]

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cryptocurrencies

Top 5 Cryptocurrencies Other Than Bitcoin

8 years ago, the world was introduced to the first cryptocurrency – Bitcoin. It was invented by an unknown programmer who went by the name – Satoshi Nakamoto. Thanks to the use of modern algorithms and block chain technology, cryptocurrencies are able to be converted at lightning speeds for consumer goods. Furthermore, not only do […]

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Bitcoin: Everything You Need To Know

Although it took until 2009 for a mysterious person calling themselves Satoshi Nakamoto to introduce the idea of Bitcoin, the concept of crypto-currency actually stems from a 1998 publication by a man named Wei Dai. What began as an idea for a way to create an economy outside the constraints of the federal government quickly […]

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