Bitcoin

Articles related to Bitcoin, The Queen of cryptocurrencies!

As we enter Bitcoin’s 10th year of 99.999% uptime, several other promising crypto projects exist. But, for the time being, Bitcoin remains the undisputed ruler of the crypto space.

Here you’ll learn the basics of Bitcoin including news, commentary and introductory texts to help you get started with the most popular cryptocurrency.

90% of Chinese Bitcoin mining infrastructure is located in Shenzhen, Henan and Beijing by @Cryptobill
In late January 2020, the Financial Times published a controversial piece titled "Coronavirus is good for Bitcoin". The recent cryptocurrency bull run has also been spuriously c...
ELI5 Bitcoin Puzzle Transactions by Gal Crypto
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, inc...
Can I buy Bitcoin at Walmart? by @Cryptobill
It's not possible to buy Bitcoin at Walmart directly but there are indirect methods that you can use. Some sellers do not accept cash, Visa or Mastercard (!) on their Bitcoin sa...
ELI5 How many Bitcoins are there? Is the number of Bitcoins limited? by @Cryptobill
tl;dr; There are 17.4 million Bitcoins in circulation at the time of this writing. Bitcoin supply is limited at 21 million BTC. This limit will be reached in the far future as bloc...
What is Base58 encoding? Why create yet another encoding scheme? by @Cryptobill
Base58 is a character encoding system developed by Satoshi Nakamoto. It was first released on the earliest Bitcoin source code tree. Satoshi felt that a new encoding was necessary ...
Understand why millions of Bitcoins won’t ever be spent by @Cryptobill
What happens if you lose the private key of a Bitcoin address which holds some Bitcoins? Can the Bitcoins ever be spent if you don't have the secret key? The answer in both cases i...
What are the limits of Bitcoin? by @Cryptobill
Bitcoin is a P2P network and, as such, faces limitations inherent to the underlying networks as well as the limitations of its own protocol. In this article we take a look at the B...
Bitcoin is faster than credit cards, SWIFT and Western Union by @Cryptobill
There's been a lot of criticism about Bitcoin on the Internet lately. Since November 2017, the unconfirmed transactions pool had been spammed by certain groups who invested heav...
Early Bird Gets the Bitcoin! by @Cryptobill
An 11 year old author has attracted the attention of the cryptocurrency world with a new book entitled Early Bird Gets The Bitcoin: The Ultimate Guide To Everything About Bitcoin ...
The most exotic places where you can spend Bitcoin by @Cryptobill
Bitcoin is spreading like fire through many business niches, but did you know there's an ATM inside a library in the beatiful island of Easter Island, off the coast of Chile? Ho...