Are you thinking about buying Bitcoin? If yes, you are not alone. According to various reports, around 46 million people in the United States alone own Bitcoin or shares of it. However buying Bitcoin is easier than ever, there’s no…
There was a need for a way to confirm transactions without the involvement of centralized financial institutions like Visa or PayPal in the middle. So blockchains use a consensus mechanism, which is a system that allows all the computers in…
Cryptocurrencies have been around for over a decade now. During this time, bitcoin has secured the status of the most popular and dominant digital currency. Though it has faced some ups and downs, its value continues to increase. Some experts…
UTXO stands for Unspent Transaction Output. A UTXO is a non-spent output of a blockchain transaction used to input a new transaction. It is similar to a coin because it has a specific value in its particular currency. For example,…
This article will discuss Taproot,  a proposed upgrade to Bitcoin which will bring many new features. This article will cover all the technical aspects of Taproot, the technologies involved in this upgrade, and how those technologies can benefit bitcoin users.…
On June 14, 2021, the Lightning network reached a milestone of 1,500 Bitcoins, worth more than $60 million. There are already over 12,000 active nodes on the network, with 50,300 channels connecting them all. Moreover, this year has seen a…
If you’re a newbie to the crypto world, you might get perplexed between the concept of Bitcoin vs Bitcoin Cash as these might look like two similar things on the surface in the way these systems work but are actually…
Today, Bitcoin is not just magic internet money, it has penetrated Wallstreet and attracted institutional investors, bankers, and other financial giants. However, this didn’t happen in a day, it was a long fight by early adopters in Bitcoin, who understood…
Bitcoin price has been on a roller coaster ride for the past week, plunging from a peak of $30,397.55 on 18 April to a trough of $27,410.49 on 9 May. The cryptocurrency has been unable to break the $30,000 barrier,…
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