crypto.bi

Recent Updates

ELI5 Bitcoin Puzzle Transactions
As the name implies, Bitcoin puzzle transactions are created as a challenge and not for the usual purpose of monetary transfer. Puzzles can be published for several reasons, in...
256 Bit Integer commented uint256.cpp from Bitcoin Core source code
If you've developed systems in C or C++ before then you're probably familiar with the stdint.h (cstdint for C++) typedefs. Since there'a lot of variation between platforms, stdint...
Who is Erik Voorhees? What is Erik Voorhees’ net worth?
Erik Voorhees (born 1985) is the founder and CEO of ShapeShift.io - an innovative and pioneering cryptocurrency exchange which allowed anonymous users to instantly exchange severa...
A program to send and handle every UNIX signal
While playing around with errno I decided to test what happens if I sent (and handled) every possible UNIX signal to a program. Running this as a non-root user, I figured I co...
ELI5 How AVAX validation works [Avalanche Protocol]
According to the Avalanche AVAX token distribution policy, almost 50% of all AVAX in existence will go towards validator rewards (see chart at the top). Since the Avalanche pr...
ELI5 PSBT – Partially Signed Bitcoin Transactions
Trustless operation is one of the key concepts behind cryptocurrencies. The idea is that you should not have to personally meet, or trust your peers, in order to perform successfu...
ELI5 How iPayYou.io works
iPayYou.io is an Amazon.com gift-card-for-cryptocurrency trading service. Currently, iPayYou will buy your gift cards at a fixed rate and pay back in cryptocurrency. Accepte...
ELI5 VRF – Understand Verifiable Random Functions
Verifiable Random Functions (VRF) are random number generators whose output can be cryptographically verified. A special algorithm provides the proof for VRF's at a later time the...
Who is Kurt Bierbower?
Kurt Bierbower is an investing banking analyst who has participated in cryptocurrency ICO's in the past. Kurt served as the CBO (Chief Business Officer) at cryptocurrency proje...
Understand the Double Spending problem
As the name implies, the double spending problem consists in executing a transaction twice while subtracting once from your balance. This, of course, can only happen by means ...