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All Things Crypto and Blockchain
Bitcoin, an Overview
Bitcoin, the world's first cryptocurrency, was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. Since then, it has emerged as a revolutionary digital currency that has disrupted traditional financial systems and changed the way people transact value online. Bitcoin History The origin of Bitcoin can be...
The 2009 Financial Crisis And The Genesis Block
The 2009 financial crisis was a global economic downturn that originated in the United States and quickly spread throughout the world. It was caused by a combination of factors, including the housing market collapse, financial deregulation, and a complex web of interconnected financial instruments. The crisis resulted in the failure of major...
The History of the Bitcoin Icon
The Bitcoin icon is a symbol that represents the world's first decentralized cryptocurrency. The icon is a stylized representation of the letters "B" and "ⓑ" merged together, with two vertical lines passing through them. The Bitcoin icon has become widely recognized as a symbol of the cryptocurrency and is used by businesses that accept Bitcoin...
What is Blockchain?
Blockchain is a revolutionary technology that has the potential to disrupt various industries. It is essentially a decentralized ledger that records transactions in a secure and immutable manner. In this article, we will explore what blockchain is and how it works. We will also look at two important consensus algorithms used in blockchain...
Bitcoin, Changing the Lives of The Unbanked in Nigeria
Bitcoin, the world's first decentralized cryptocurrency, has the potential to revolutionize the way people transact and conduct financial transactions. In Nigeria, where access to traditional banking services is limited, bitcoin has emerged as a viable alternative for the unbanked population. Nigeria is home to one of the largest unbanked...
What is Bitcoin Mining?
Bitcoin is a digital currency that is not backed by any physical asset or government, but instead is based on complex mathematical algorithms. Unlike traditional currencies, which are printed by central banks, Bitcoin is "mined" by individuals and groups around the world. But what exactly is mining, and how does it work? In simplest terms, mining...
The (not)real story of Satoshi Nakamoto
It was the year 2008, the world was in the midst of a financial crisis, and the people were looking for a savior. In stepped Satoshi Nakamoto, the elusive creator of Bitcoin, with a vision of a decentralized currency that would change the world. But who was this mysterious figure, and where did he come from? Legend has it that Satoshi Nakamoto...
What is a Bitcoin Wallet?
As the popularity of cryptocurrencies like Bitcoin continues to rise, it becomes increasingly important to keep these digital assets safe from theft or loss. Hardware wallets offer a secure solution to this problem, providing a physical device that can hold cryptocurrency private keys and facilitate transactions without exposing them to potential...
Blockchain in Healthcare
Advances in blockchain technology have the potential to revolutionize the healthcare industry by providing robust, secure, transparent and efficient systems for storing, managing and sharing electronic protected health information (ePHI). The decentralized nature of blockchain technology removes intermediaries and ensures sensitive data remains...