Category Bitcoin

The 3 Challenges that Digix Overcomes to Digitize Gold

Digital Gold

Digitization is transformational Digital transformation is disrupting the business model of every organization. It is  enabling companies to scale to greater heights, maximize growth opportunities and build new, efficient business models. 70% of digital transformation failed due to common pitfalls…

Bitcoin Mining Management Software Features

Mining Management Software Features

To show you how exactly mining management software can make your life more comfortable, we will describe the must-have features of mining management software. Monitoring Thanks to the monitoring feature, you are always aware of what’s going on with your…

Bitcoin Halving | The Public Perception and Charts

Bitcoin Halving Chart

After a rough financial shakedown due to COVID-19, Cryptocurrency markets are making a slow and steady recovery. Bitcoin consolidated back over the $7000 level during Thursday’s busy trading day. According to the Bitcoin Block Reward Halving Countdown, The bitcoin halving…

How to buy Bitcoin using PayPal?

Buy Bitcoin Using Paypal

Hundreds of Crypto wallets now allow you to buy Bitcoin and other cryptocurrencies today. If you live in the USA or Canada, you might have many options to buy Bitcoin, but this is still not true for many counties in the world. …

Bitcoin a Sound Money: Save and Gain

Bitcoin Save And Gain

Deflationary money would allow every individual to save and gain wealth. The Current System… Is a system that is theft incarnate — designed to keep individuals from gaining purchasing power via saving. When saving money is something we’ve been taught since childhood to be…

Top 6 Softwares for Managing Bitcoin Mining

Bitcoin Mining Software
You may think that mining Bitcoin is not that profitable since its exchange rate faced a significant drop not a long time ago. However, at the moment, Bitcoin is quickly getting back to normal, so now is the best time to start mining it again. And this should be done with the proper software. In this article, we will help you choose an operating system for managing your Bitcoin mining. We will cover features, benefits, advantages, and disadvantages of the most popular software.

Bitcoin Lightning Network – An Overview

Bitcoin Lightning Network
Joseph Poon and Thaddeus Dryja came up with an innovative idea in their whitepaper The Bitcoin Lightning Network: Scalable Off-Chain Instant Payments. They proposed a way to make Bitcoin highly scalable from 8 transactions per second(TPS) to about million TPS. Since then, it has caught a lot of attention and development work in going to make lightning networks a reality. In this article, we will discover behind scenes of the lightning network.

How Bitcoin Mining Work? [Technical]

How Bitcoin Mining
In simple words, BFT lets a decentralized system function normally in an adverse situation when there is a malicious user in the system, or a fraction of the system fails. When the majority of users in a system are ethical personals (i.e., people who follow the rules), they can override the malicious work done by non-ethical individuals. So for a system to function normally, at least 51% of users should adhere to the rules set up in the system. This gives rise to consensus, which is the general acceptance of specific rules and regulations.

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