About Cash App – Cash App, owned by Square Inc, is one of the most popular and used payments platforms out there available for people living in the USA and UK. It is a very sophisticated and easy to use platform. All that you need is a phone number, email and a bank account to…Continue readingTransferring Bitcoin from Cash App
Bitcoin Transactions Explained: A Basic Beginner’s Guide Bitcoin transactions are the quickest, easiest and least expensive way to send money, with a transaction typically taking less than ten minutes. Furthermore, there are no international transfer fees and no need for a bank account. This is a payment method that is easier for everyone to use,…Continue readingWhat Are Bitcoin Transactions?
The Complete Guide to Bitcoin Change Addresses The Bitcoin Change Address is a new address created when the sender’s wallet software generates a new Bitcoin address to receive the change from transactions. What is a Bitcoin Change Address and How Does it Actually Work? A Bitcoin change address is an additional Bitcoin address that can…Continue readingLearn How To Start WHAT IS A BITCOIN CHANGE ADDRESS AND HOW DOES IT WORK?
Trustless Protocol Trustless! At a glance, the term is ambiguous and quite confusing, like is it something one cannot trust? But, it does not mean so. A Trustless system is one that does not require trust. In such a system there is no single entity that has authority over the system. So no one (participant)…Continue readingWhat does a trustless blockchain protocol look like?
What is a Compressed and Uncompressed Bitcoin Address? We can assume that most of us are already familiar with crypto, bitcoin, bitcoin wallets, bitcoin addresses, sending and receiving bitcoins into our wallets. We know that for us to have control over our crypto wallet, we must have the private key to that wallet which we…Continue readingCompressed and Uncompressed Bitcoin addresses
What is Lighting Network The Lightning Network is a method of enabling cheaper and faster transactions through a second layer built on top of the Bitcoin blockchain, therefore keeping the security of the base layer of blockchain fully intact. What is the Bitcoin scalability problem? The Bitcoin network has a limited capacity to handle large…Continue readingWhat are the benefits of Lightning Network?
What’s A Bitcoin Wallet And Its Types? We all have used a Bitcoin wallet at some point in time. A Bitcoin wallet is a file that stores our precious crypto for us in a secure manner. We know there are various types of wallets, some are exchange wallets of which keys we don’t own, some…Continue readingBitcoin Address Reuse and its consequences
The rising price of Bitcoin in recent years and the adoption of Bitcoin as one of the global financial platforms that have brought about fundamental changes in trading have increased people’s interest in Bitcoin. That’s why many people are looking to buying Bitcoins. One of the most popular ways to get Bitcoins is buying using…Continue readingCan you enter the bitcoin world using fiat currencies?
These days everyone is talking about blockchain technology but most people do not know the in-depth details of how blockchain technology works in cryptocurrencies. One of the basic concepts in blockchain technology is Hashing. Although understanding Hashing is a little bit technical we will try to explain it in an easy way. What Is Hashing…Continue readingWhat Is A Bitcoin Block Hash And How Is It Made?
Many people use Bitcoin but sometimes we come across terms like mBTC, uBTC or BTC and are unsure what is the difference between them. Well, we will discuss in detail the difference between mBTC and Bitcoin and give you few examples on how to convert these units. What is BTC? Bitcoin is a decentralized digital…Continue readingDifference between mBTC and Bitcoin