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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

Is Quantum Key Distribution in the future of cryptocurrencies?
What would be the use of a data transmission system where the contents of a message changed if anyone simply read it? Secret Key Exchange Imagine if our two dearest cryptocu...
ELI5: What is the Bitcoin “mempool”?
You may have heard the term "mempool" a lot recently, especially during the recent attacks on the Bitcoin network when the number of unconfirmed transactions rise a lot, fueling r...
ELI5: What is a BIP?
As SegWit gains adoption, you may have heard the term "BIP 141" in online discussions. What does BIP mean? And what is that number next to it? Bitcoin is a community-run techno...
Is blockchain just a glorified database?
The blockchain is a special kind of database that has the property of being immutable and tamper proof. This makes it suitable for high security applications such as banking, logi...
Understand the Coinbase SegWit upgrade: what it means and how this will improve Bitcoin for everyone
Coinbase has announced the long awaited SegWit upgrade to their trading platform. We'd like to take this opportunity to discuss how this is a very important change and how it will...
ELI5: Blockchains explained in simple terms
A blockchain is a database formed by a sequence of entries called (you guessed it) blocks. Blockchains have a special characteristic by which any attempt to modify one of its ...
ELI5: Why can’t Bitcoin miners use regular computers?
This is a frequently asked, but still very relevant, question in the world of cryptocurrencies. There seems to be a permanent, and very heated, debate involving the future of B...
Cryptocurrencies and smart cities: The Future?
Futuristic novels by William Gibson, Bruce Sterling and other cyberpunk authors inspired a whole generation which dreamed of revolutionary concepts such as virtual cities, flying ...
Can Bitcoin SV scale?
Bitcoin SV has made the transition to (for all practical purposes) unlimited block size. You can now store any amount of data on the BSV blockchain, which raises serious questi...
Why do I need to join a Bitcoin mining pool?
The Bitcoin protocol is open. Its source code is available to everyone and anyone can adapt the original code to mine Bitcoins. If that's the case, then why do I need to join a mi...