See Also
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 successful transactions. Experienced crypto users may take this concept for granted, but come to think of it – every real world transaction before cryptocurrencies came about […]
Bitcoin Blockchain to MySQL Insertion Tool
Crypto.BI Toolbox comes with a raw .dat block file to MySQL insertion tool called blocks_inserter. To use it, first you’ll need to generate the MySQL schema on your local server by importing scripts/sql/mysql/cryptobitoolbox_bitcoin.sql into your MySQL server. Then you will need to configure Toolbox with the appropriate username, password, host and database so that Toolbox […]
Will Bitcoin lose its #1 market cap crown? [Jun 2018 Opinion]
Ethereum has just overtaken Bitcoin! But, wait! We’re not talking about market cap… As you’ve probably seen reported elsewhere, ETH now (Jun/2018) has more unique active addresses than Bitcoin. Is this a sign of something different looming in the horizon? Will Bitcoin end its 9 year reign as king of cryptocurrencies? Are there other cryptocurrencies […]
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 entries would modify the entire chain. It is, therefore, an immutable data structure, which stores blocks in chronological order of insertion. This makes blockchain a […]