See Also
Understand the basics of smart contracts
What’s a smart contract? What makes it smart? How can I deploy my own contracts on the Ethereum blockchain? In this article we explore these questions and give you an overview about smart contracts and their revolutionary contribution to the world of cryptocurrencies. In the beginning there was Bitcoin. It’s a protocol that allows you […]
Bitcoin Blockchain to Database Sync Process (blocks_updater) [cypto.bi Toolbox]
After performing the initial database insert using toolbox/db/blocks_inserter, new blocks will be received from the network. To keep the database in sync after the initial bulk insertion, toolbox/db/blocks_updater should be kept running on its own terminal. Difference From blocks_inserter Although similar in structure, blocks_updater works differently from blocks_inserter (go here for details on blocks_inserter). For […]
ELI5 Bitcoin to USD conversion
Bitcoin itself does not offer a US Dollar for Bitcoin exchange system. If you’ve just arrived in the world of cryptocurrencies, this may cause some confusion. Bitcoin is a completely virtual crypto asset that exists within its own blockchain. The only way to convert Bitcoin to US Dollars, and from USD back to Bitcoin, is […]
Cryptocurrencies and digital governance: Blockchains for transparency
Governance involves higher level management at a strategic level. The main purpose for the adoption of proper governance frameworks and processes is to maximize value for stakeholders by avoiding legal and compliance setbacks. At the same time, governance also concerns itself with internal monitoring, evaluation and direction of priorities by an enterprise. By complying with […]