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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 Don’t ever mix paper and electronic wallets!
Whatever cryptocurrency you might use, don't ever mix paper and electronic wallets! In this article we give a ELI5 overview of paper wallets and what you need to know to keep ...
ELI5 First, second, third and fourth generation cryptocurrencies [2023 Update]
Although the theoretical building blocks that form cryptocurrencies existed prior to 2009, it was only in January of that year that Bitcoin registered the first ever transaction o...
ELI5 2023 Avalanche Cortina Update
On April 25 2023, Avalanche activated the Cortina update. According to Ava Labs founder, Emin Gun Sirer, there are 3 major advancements in Cortina: X-Chain linearization ...
ELI5 – What is a wallet drainer?
As cryptocurrencies gain mass adoption, scams become more and more commonplace. Just like criminals will go to any extent to rob assets in US Dollars, so it is with crypto nowaday...
ELI5: What is Tornado Cash?
Tornado Cash is a decentralized cryptocurrency tumbler. It is implemented as an Ethereum smart contract and can be used to mix cryptocurrency UTXO's, unlinking the on-chain relati...
Are Proof of Stake (PoS) cryptos securities? [Opinion]
In March 2022, Bitcoin enthusiast Michael Saylor postulated that Proof of Stake cryptocurrencies are securities: The only settled method to create digital property is via Proof...
Understand the Double Spending problem
As implied by the name, a double spending problem happens when a transaction is processed twice while your account balance is only subtracted once. This, of course, can only h...
ELI5 How to mine Litecoin
Litecoin has consistently been one of the most popular cryptocurrencies since its inception in 2011. It was initially forked from the main Bitcoin source code by a developer ca...
DIMCoin is Dead
2020 Updates In November 2020 several users on the Telegram group note that the August announcement about the substitution of HYBSE for ZEROTRADE has not happened as planned. A...
ELI5 Provably Fair Games
What is a provably fair game? The answer lies at the heart of a whole new industry which has been developed around the transparent, decentralized, nature of the blockchain. ...