The payment network known as the Lightning Network, which functions as the second layer of the Bitcoin protocol, has been with us for more than two years. But as is generally the case with the development of complex and robust systems, which Bitcoin certainly is in itself, it takes a long time to find the right ways not only in terms of technical solutions, but also user-friendliness. ACINQ is one of the leading innovators in this field and at the end of 2019 decided to give the world a gift in the form of a Phoenix wallet - a second-generation LN wallet.
How to use Bitcoin correctly? You may be surprised, but those who do not use their own full node do not use Bitcoin. Most people use a foreign full node, and that's wrong. Bitcoin is about not having to trust anyone or ask anyone's permission. However, this only applies if you are using your own full node. And it's nothing complicated. In today's article, we will try to give you the importance of why to use your own full node and advise you on how to do it.
Bitcoin has been around for more than 10 years now, but there’s still a lot of confusion and misinformation about it, particularly when it comes to mining. It’s common to see mining described as a way to earn “passive income”, or as an environmental disaster due to its huge energy consumption. Neither description is very accurate. In this article, we’ll take a no-nonsense approach to explain Bitcoin mining and bust the common myth about it being an environmental disaster.
The Lightning Network is a relatively new and quickly developing system that promises cheap, fast and private payments on top of Bitcoin. It's already working in production, many people use it daily. But is that all? What if that was just the tip of some technological iceberg? What if what lies beneath the surface has a chance to significantly affect some parts of the Internet as we know it? Does that sound crazy? Maybe it is, but bear with me for a little while
How to properly buy and sell bitcoin? The answer to a very simple and natural question may seem more complicated than you might expect. In Bitcoin, countless pitfalls await the average user, which he does not even realize until it is too late. And this is one of them. The vast majority of ways to buy and sell bitcoin available on the market completely ignore the reasons why Bitcoin was created and how it should be used. Fortunately, there is the Bisq project, a decentralized P2P exchange whose developers have not yet forgotten what Bitcoin is all about and what it is used for.
Privacy is not just a human right, but also a human fight. Having financial privacy? Maybe in a sci-fi movie. Luckily there's SamouraiWallet, a bitcoin wallet loaded with functions that pushes the best money anyone has ever invented to a whole new level.
In this age we hear about Bitcoin and other cryptocurrencies almost daily. But do we know, how the fundamental bitcoin mining really works? In this article, we will make everything clear! Is it possible for Bitcoin to be controlled? How to mine with profit? How do you even start mining bitcoin?
How would the Internet look if our data wasn't constantly under the control of third parties, and how can we enjoy true privacy? The answer is the ambitious SAFE Network project with MaidSafeCoin (MAID) and SafeCoin (SFE) digital tokens.
Though there is no safer way to store your precious cryptocurrencies than with hardware wallets like the Treasure T or Ledger Nano S, there are still new ways to protect them.
In today's article, we focus on a unique project called ZenCash. As the developers emphasise, this is not just another cryptocurrency, but rather an expandable a private platform based on blockchain technology, which goes significantly beyond mere transactions. What is its uniqueness and why is ZenCash worthy of your attention? Read the answers in our article!
STORJ is an ambitious project to create a decentralised repository where everyone can provide or use the free data capacity of individual devices. How STORJ works? How to get involved in the project? And what are the benefits of decentralisation? Read in our article!
Litecoin has long been one of the most popular cryptocurrencies in the world. Did you know that litecoin is actually just a modified version of bitcoin? We know what the differences between litecoin and bitcoin are, how to get litecoin and how to quickly and easily find the current LTC! In our article you find out everything you ever wanted to know about litecoin.
Vertcoin is often referred to as a cryptomime for humans. It is configured to resist the ultimate mining hardware in the form of ASIC devices, which returns crypto-mining to the people. What are the other features of this cryptocurrency and why is its history so interesting? Find out in this article!
The digital currency, ripple, holds an ever-growing market value that competes among the most popular virtual currencies of the world. However, it must be viewed as fundamentally different than bitcoin or etherium. What is ripple, why does it generate so much controversy among crypto-currencies and what are its plans for the future? Find out all of this and more in our article!
The price and popularity of bitcoin are growing. Are you wondering how the whole concept of cryptocurrency works? We know how to purchase bitcoins and how to save bitcoins on a bitcoin wallet, how to pay with them, and we can also tell you how to determine the current bitcoin rates. You will also learn about the main risks associated with bitcoin.
After Bitcoin, Ethereum is now the second most popular virtual currency. Are you wondering what Ethereum is? How it differs from Bitcoin? We will help you to understand the concept of the whole Ethereum network; we know how Ethereum benefits you and we will help to advise you how to easily determine its current value! In this article, you will learn everything that you wanted to know about Ethereum.
It doesn't matter what you have read, heard, or think. The golden digital fever continues. The steadily rising cost of bitcoin and liteco only confirms this, and it will continue to rise with or without you. In this article, we will answer the most common question about virtual currencies - how to start mining. It's fast, simple, cheap and painless.
On August 1st, 2017, Bitcoin split, and a new currency called Bitcoin Cash was born. Want to know why and how it all happened? Find out how the split affected Bitcoin and Bitcoin Cash, the difference between these two cryptocurrencies, and the latest exchange rate for this brand new currency.