Bitcoin: The world’s first cryptocurrency
Bitcoin is secure
Bitcoin is decentralized
Bitcoin is digital currency
Hey there Bitcoin people, lets get a little technical today and learn about a special tree called a hash tree where every lead node is labelled with cryptographic hash of a data block, and every non-leaf node also known as an outer node, is labelled with the hash of the labels of its child nodes,...
Zero Knowledge Proofs: A brief look into their History and Application in Blockchain and Cryptocurrency
Zero Knowledge Proofs (ZKPs) are a cryptographic concept that allows one party to prove to another that they have knowledge of a specific piece of information, without revealing any details about that information. This concept has garnered significant attention in recent years, particularly within...
Everything You Need to Know About Custodial Crypto Exchanges and Their Benefits Cryptocurrency has taken the financial world by storm, offering a decentralized alternative to traditional banking and financial services. With a growing number of people investing in cryptocurrencies, the demand for...
The internet has undergone several transformative stages since its inception. From static web pages in Web 1.0 to the interactive and dynamic web in Web 2.0, the internet has been continually evolving. Now, as we enter the era of Web3.0, a new chapter is being written in the digital world. Web3.0...
Unleashing the Potential of the Bitcoin Lightning Network: Scaling, Speed, and Innovation in Cryptocurrency Transactions
The Bitcoin Lightning Network (LN) has generated significant excitement and interest in the cryptocurrency community since its inception in 2015. As an off-chain protocol, the Lightning Network aims to solve the scalability issues that have long plagued the Bitcoin network, offering a more...
The Rise of Central Bank Digital Currencies: A Comprehensive Look into CBDCs, Pros and Cons, and Blockchain Technology
The emergence of Central Bank Digital Currencies (CBDCs) has been a hot topic in recent years. As central banks worldwide explore the feasibility and implications of implementing their own digital currencies, the potential impact on the financial ecosystem is vast. This article will dive into the...
Satoshi Nakamoto is the pseudonym for the person or people who penned the original Bitcoin whitepaper.
One Satoshi is equivalent to 0.00000001 Bitcoin, which means that there are 100 million Satoshis in one Bitcoin.
Satoshis are used as a way of measuring very small amounts of Bitcoin, and they can be used to facilitate microtransactions, which are transactions with very low values.
Satoshi to USD Converter
Protecting Your Bitcoin
A Bitcoin wallet stores the private keys that allow the user to access and transfer their Bitcoins. The private keys are strings of characters that serve as digital signatures, authenticating transactions and ensuring that only the rightful owner can access the funds.
The Bitcoin Halving
Bitcoin Halving Countdown
The Bitcoin halving is an event that reduces the reward given to miners for verifying transactions and adding new blocks to the Bitcoin blockchain. In the early days of Bitcoin, miners received 50 bitcoins for every block they added to the blockchain. Since then, the reward has been halved three times: in 2012, 2016, and 2020, with the current block reward standing at 6.25 bitcoins. The next Bitcoin halving is expected to occur in 2024, reducing the block reward to 3.125 bitcoins.
The halving event occurs every 210,000 blocks, which takes approximately four years to complete. This schedule is designed to maintain a consistent rate of new Bitcoin creation until the maximum supply of 21 million bitcoins is reached. As of September 2021, over 18.8 million bitcoins have been mined, with the remaining 2.2 million to be mined over the next century.
Bitcoin halving was deliberately designed by its creator, the pseudonymous Satoshi Nakamoto, to create a deflationary environment and ensure that the cryptocurrency retains its value over time. This mechanism is in stark contrast to the inflationary nature of traditional currencies, which tend to lose value as central banks print more money to stimulate economic growth.
Bitcoin Black Friday is an annual event where merchants and businesses offer discounts and special deals to customers who pay with Bitcoin and other cryptocurrencies. The event typically takes place on the Friday after Thanksgiving, which is a major shopping day in the United States.
Bitcoin Black Friday was first organized in 2012 by the Bitcoin community as a way to promote the use of Bitcoin for everyday purchases. It has since grown in popularity and has expanded to include other cryptocurrencies as well.
During Bitcoin Black Friday, shoppers can take advantage of discounts on a wide range of products and services, including electronics, clothing, travel, and more. Many merchants also offer exclusive deals to customers who pay with Bitcoin or other cryptocurrencies, such as free shipping or additional discounts.
Bitcoin Black Friday has become a significant event in the cryptocurrency community, as it helps to increase awareness and adoption of digital currencies. It also serves as a way for businesses to reach a new and engaged audience of tech-savvy consumers who are interested in using cryptocurrency for their everyday transactions.
Bitcoin Black Friday
Bitcoin Black Friday Countdown