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Tutorials

How to cancel an unconfirmed Bitcoin transaction

When you do a Bitcoin transaction, it goes through a confirmation process. It is not possible to cancel a Bitcoin transaction if it has been confirmed. However, if the transaction is not confirmed yet, you can still cancel it. We will see the possibilities that under what circumstances a Bitcoin unconfirmed transaction can be canceled…Continue readingHow to cancel an unconfirmed Bitcoin transaction

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Academy Code Life

Why Is Secp256k1 Curve So Famous?

A Choice In The Fundamental Basics of Bitcoin Crypto-currency, or mainly Bitcoin, has become a household name. For the right reasons, obviously. It’s an aim and dream of taking the world from a centralized authority towards the freedom of decentralization. However, this freedom comes at great complexities and costs of energy (in form of electricity),…Continue readingWhy Is Secp256k1 Curve So Famous?

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Tutorials

Bitcoin Transaction Fees and ways to reduce it

High Bitcoin transaction fees are one of the reasons for the fear of beginners in the cryptocurrency market. But there are ways to reduce it that will help you pay less for your own transactions. When the blockchain gets overloaded and many customers flock to Bitcoin, we see an increase in transaction fees. So the…Continue readingBitcoin Transaction Fees and ways to reduce it

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Academy

popular alternatives to CoinMarketCap

CoinMarketCap with cryptocurrency market cap ranking, instant price chart, cryptocurrency trading volume, 24h Low / 24h High, cryptocurrency exchange rankings is one of the best resources for cryptocurrencies. But there are other crypto comparison sites are alternatives to CMC, which is a centralized platform. Also, Decentralized assets tracking works well on these sites and can…Continue readingpopular alternatives to CoinMarketCap

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Academy

How does a token burn work?

What Is Tokens Burning? Token burning is a process whereby the deveopers of a token remove certain quantity of the tokens from the curculating supply. This process will make the supply of that token limited, which means that it will have direct impact on the price of the token. We will examine how the token…Continue readingHow does a token burn work?

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Tutorials

Bitcoin Paper Wallet And How To Create It

What is Bitcoin Paper Wallet Bitcoin paper wallet is an offline strategy to store bitcoins. It is a piece of paper on which the private key or the seed phrase is written. It comes under the category of cold wallet and It is one of the ways to keep your Bitcoins off the internet. It…Continue readingBitcoin Paper Wallet And How To Create It

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Academy

What is Cryptojacking And How To Prevent it.

What Is Cryptojacking? Cryptojacking is a type of malware that may hide in your computer hard disk and steals its resources (CPU, RAM, Internet bandwidth)  in order to mine a digital currency. It involves an unauthorized use of victim’s devices like personal computers, laptops, smartphones or tablets to mine crypto currency. The program is designed…Continue readingWhat is Cryptojacking And How To Prevent it.

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Academy

How To Make A Crypto Exchange

With the popularity of the cryptocurrenices, crypto exchanges are also increasing in number since traders and investors need exchange platforms which allow them to interchange crypto coins or tokens. Also, the exchanges allow you convert fiat currency into cryptocurrencies and vice versa. The most popular ones these days are Coinbase and Binance. How To Make…Continue readingHow To Make A Crypto Exchange

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Tutorials

how to know when to sell crypto

If you are a trader, you need to know when to sell your crypto. In the world of cryptocurrencies, nothing is guaranteed and you cannot invest in an unsupported altcoin for a long time. The same is true for Bitcoin, which fluctuates a lot. In this article, I will highlight the pointers that show that…Continue readinghow to know when to sell crypto

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Academy

The Merkle Tree And its Applications

The Merkle tree is a fundamental part of blockchain technology. Blockchain records information in such a way that it is almost impossible to change, hack or cheat the system. Blockchain is a digital ledger of transactions. It is duplicated and distributed across the entire network of computer system. Therefore, Merkle tree is used to summarize…Continue readingThe Merkle Tree And its Applications