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Crypto Bill

Bill is a writer, geek, crypto-curious polyheurist, a dog's best friend and coffee addict. Information security expert, encryption software with interests in P2P networking, decentralized applications (dApps), smart contracts and crypto based payment solutions. Crypto Bill has published a total of 287 Posts

Latest Updates by Crypto Bill

ELI5: Ethereum, Gas, Gas Price, Gas Limit, Smart Contracts
To those familiar with first generation cryptocurrencies such as Bitcoin, Ethereum can seem overly complex. There are several new concepts to learn including gas, Turing-complete ...
ELI5 : How crypto exchanges work
Exchanges are online markets where one can trade cryptos. It is where all the "pumping and dumping" you keep hearing about happens. (In contrast with real world stock exchanges, p...
ELI5 PoW – What are Proof of Work algorithms?
Proof of Work (PoW) is a cryptographically secure consensus mechanism which guarantees that network participants who do not necessarily know each other are able to prove that they...
ELI5 Is Coinbase safe?
There's an old saying by cryptocurrency experts that goes a little like this: "if you don't control your private key, then you don't really own cryptocurrency." This is technic...
How do cryptocurrency debit cards work?
Cryptocurrency debit cards aren't really related to cryptos per se. They're not decentralized and they are mostly based on legacy technology. The only difference being that they'r...
Bitcoin and Metcalfe’s Law : Understand cryptocurrency valuation
Bob Metcalfe is a computer networking pioneer whose work includes the invention of the Ethernet networking standard (what users normally call "the network cable"), founding the 3C...
ELI5 : Bitcoin Pizza
Bitcoin Pizza is the popular name given to an early transaction where Laszlo Hanyecz paid 10,000 BTC for two Papa John's pizzas. On May 18, 2010, Laszlo posted a thread to Bitc...
The Future of Bitcoin
Bitcoin is the name which is pretty known to many people who comes under the category of investors, tech enthusiast, student, etc. People have put their faith on Bitcoin because o...
A brief introduction to Crypto ATMs
Crypto is everywhere now. But yet, it’s hard to get in. Why? The answer is simple: there’s no proper infrastructure yet. If you want to buy some BTC, you should find a way to ...
ELI5 What is a Merkle Root?
If you've been around cryptocurrencies for a while then you've probably heard the term Merkle Root mentioned in technical discussions. Today we'll take a look at this interesting ...