The hash rate is one of the most important concepts in bitcoin mining, surely this has been one of the first definitions that you have come across when you have investigated a little more about the mining process. What is the hash rate and how does it influence bitcoin mining? The hash rate is the [...]
So far this year BTC has advanced 81% while gold has fallen 7.7%. Large investors are shifting their positions in gold to investments in bitcoin. As bitcoin continues in an upward cycle, which has intensified in this year 2021, its position against gold as a store of value asset strengthens. The precious metal has fallen [...]
Once the new currency is issued, it will be classified as M0 (cash issued by the central bank). Everything indicates that the government refines details, but there is no official launch date yet. The digital yuan will meet all the requirements to be accepted as legal money and will have all the functions of China’s [...]
Shelley introduces in Cardano a new consensus algorithm based on Proof of Participation (PoS). ADA token owners will be able to earn rewards for block production. Decentralization has come to Cardano from Shelley, one of its most anticipated forks of 2020. After almost a month of delay, the community finally witnessed yesterday the launch of [...]
Satoshi Nakamoto (1975-present) is the fictitious name of the person (or group of people) who developed Bitcoin. Although his identity is uncertain, there are several versions of his real identity. Obviously, some versions have more weight than others. In any case, it is believed that his profile is that of a mathematician and cryptographer, around [...]
In software development, a fork is the creation of a project in a different direction from the main or official project from the existing source code. This practice is in common use in open source projects or free software. In blockchain networks, forks are used both to create new projects from a previous one, and [...]
The present definition of blockchain is the one referring to the Bitcoin technology developed by Satoshi Nakamoto, in which the blockchain is an integral part of it; unlike the new term 'blockchain' introduced by different companies and authors to refer to Bitcoin technology as a whole. A blockchain, also known as a distributed ledger, [...]
The powerful and popular cryptocurrency exchange Binance has created its own cryptocurrency that functions as an internal gas. Supported by a well-established company, Binance Coin or BNB is here to stay and we explain why. What is Binance Coin? Symbol: BNB Release date: 06.27.2017 Maximum amount: 200 million BNB Binance Coin is the official cryptocurrency [...]