What Is Bitcoin Core?
Bitcoin is a decentralised digital currency launched in 2009. It requires a network of nodes to store a copy of the ledger and validate blocks and a set of miners that convert energy into hash power so that blocks can be mined. Bitcoin is based on a peer-to-peer network that allows users to send and […]
What Is Bitcoin Legal Tender?
Bitcoin has grown significantly over the last ten years. It’s unbelievable to think that in 2010, a single Bitcoin was just a few cents and by 2017, the price had reached over $20,000. While in 2021, it reached an all-time high of over $68,000, and today, it sits at around $30 000 per coin. This […]
What Is The BitLicense?
The introduction of Bitcoin is often labelled as a disruptive technology, and any discovery that renders previous ways of doing things pointless will upset established players who want to slow down its adoption. While history shows that adopting new technologies doesn’t end well for those trying to hold on to the old way, it will […]
What Is A Digital Commodity?
The rise of Bitcoin has sparked many arguments, and one centres around its classification as a digital commodity. This brand-new asset class doesn’t fit well in the existing regulatory framework. As it finds its way into the hands of retail participants and the world and institutions are taking positions too, these institutions seek regulatory clarity […]
What Is A Digital Asset Custodian?
Since the arrival of Bitcoin, we now have digital money that is sailable across space and time; in a way that anyone could perform this action. The network allows any participant to custody funds by running a simple software package and proving ownership with a set of private keys. Bitcoin eliminates the need to use […]
How Lightning API Call Payments Can Change Digital Advertising
These days, digital marketers use complex MarTech tools built on powerful technology to access and leverage rich data sets to reach a wider audience and create more effective marketing campaigns. The emergence of Application Programming Interfaces (APIs) has made it easier for them to track users and build data sets. APIs are the driving force […]
Bitcoin Reduces Needless Consumption For Small Businesses
Running a small business is hard work; sometimes, it can feel like the sucker’s choice; why would you take on all this risk, do all this unpaid or extra work in the hope that there is a potentially bigger payoff sometime in the future. When you become an entrepreneur, you take your time, capital and […]
The Risks Of Stablecoins On Bitcoin
Stablecoins are by no means a new idea; the first version of it was launched nearly ten years ago, in 2014, with BitUSD issued as a token on the BitShare blockchain; this was an algorithmic stablecoin backed by the debt of another third-party token BitShares, which faded into obscurity as did many of the early […]
What Are Bitcoin Silent Payments?
When you become your own bank by taking self-custody of your funds, you are not only responsible for the safeguarding of your assets but also the data you leak and how you intend to preserve your financial privacy. A task that becomes more dubious as the Bitcoin network has many prying eyes, and chain analysis […]
What Is A Sparse Merkle Tree?
As we navigate through the technological revolution of the 21st century, few buzzwords have captured the public imagination as much as “blockchain.” Blockchains are a component of the ingenious invention of Bitcoin, the brainchild of an individual or group known as Satoshi Nakamoto, and due to Bitcoins success, the underlying technology of blockchain has been […]