Bitcoin is a cryptocurrency that was launched in 2009. Bitcoin Cash (BCH) is a hard fork of Bitcoin that was created in 2017; it was made to overcome Bitcoin’s scalability issues. Some users and developers were against the updates associated with the proposed improvement and started a hard fork which gave rise to Bitcoin Cash (BCH).
Mining is earning cryptocurrency as a reward for solving cryptographic equations through the use of computers. Mining exists for the security and confirmation of cryptocurrency transactions. Now, how does mining work for Ethereum in specific? Let’s learn.
When we think of Bitcoin, we primarily think of its place within the cryptocurrency market and how much it costs. Because people are primarily interested in investing Bitcoin, they often forget the technology powering it and, most importantly, the person who made it all possible: Satoshi Nakamoto, the inventor of Bitcoin. Without Nakamoto, we could very well be living in a world without cryptocurrency. Despite his monumental contribution to the industry, no one has seen his face or heard his voice.
With bitcoin gaining traction in the mainstream, it has seen a lot of interest from people who want to understand bitcoin’s inner workings. People want to understand how technology works and how bitcoins are created, and the computing power required to create them. Explaining how the technology behind bitcoin works in its entirety would require a considerable amount of time. However, what we can do is briefly explain how bitcoins are created.
Ethereum 2.0 is a major upgrade to the existing Ethereum blockchain. Ethereum 2.0 plans to increase the speed, efficiency, and most importantly, the Ethereum network’s scalability. Learn more here!
With the 2008 financial crisis, individuals lost faith in the traditional financial system. This is where Decentralized Finance (DeFi) comes in. It eliminates the middlemen and allows users to move away from existing financial services controlled by the government. Let’s take a deeper look into what DeFi is, how it works, and how it is used.
Bitcoin halving occurs approximately every four years or after 210,000 blocks are mined. Also referred to as “the halvening,” this is a significant event for the world’s largest and most popular cryptocurrency. What is the idea behind bitcoin halving? Let’s have a look.
When it comes to cryptocurrencies, most people believe that Bitcoin and Ethereum are all there is. But the truth is there are so many cryptocurrencies out there that it is difficult to keep track of them. Today let’s talk about one of those cryptocurrencies–Dogecoin.
By now, we’re sure you’ve heard all about Bitcoin and the wonderful world of cryptocurrency (why else would you be here?). But if you didn’t already know, Bitcoin is the world’s oldest and most enduring cryptocurrency. It is the first digital currency to utilize the technology known as the blockchain, allowing it to be completely
Bitcoin (BTC) and Ethereum (ETH) are the two most popular cryptocurrencies. In this article, we are going to look at what exactly differentiates these two. According to CoinMarketCap, there are more than 9,000 cryptocurrencies in existence as of early 2021. For new traders, it makes diving into the world of digital assets overwhelming and downright confusing.
There is a lot of buzz around bitcoin, and it has attracted a significant amount of interest from crypto-enthusiasts and institutional investors. However, despite the interest in cryptocurrency, there are several misconceptions about bitcoin and its nature, security, and technology. Even a simple question like “What is Bitcoin?” could evoke a confused response.
Non Fungible Tokens, or NFTs for short, are creating waves in the cryptocurrency and traditional finance world. NFTs have surged in popularity, with the industry’s market capitalization rising from $31 million in 2017 to more than $310 million at the end of 2020. Let’s take a quick look at NFTs and how they are changing the cryptocurrency space.
Ethereum was launched in 2015 as a blockchain-based, open-source, decentralized software platform. It enabled the building, testing, and launching of smart contracts and decentralized applications (dApps). Ethereum allows the dApps and smart contracts to run without any interference or influence of third parties. Keep reading to stay up-to-date with Ethereum news.
With Ethereum reaching an all-time high last week and DeFi (decentralized finance) becoming a multi-billion dollar sector, Ethereum has recently received a lot of attention. Let’s take a closer look and familiarize ourselves with one of the most exciting projects in the decentralized space and learn how to buy Ethereum in Canada.
With the income tax season upon us, cryptocurrency holders are scrambling to determine how much they will be taxed on their crypto gains. As per the Canada Revenue Agency (CRA), Canadian taxpayers are liable for paying taxes on their crypto (such as bitcoin) as either capital gains or income tax, depending on whether their activity is personal or business.
Though concepts like blockchain technology or bitcoin sound baffling, buying bitcoin in Canada is easier than you think. If you’re new to this world and want to buy bitcoin and learn more about it. You’re in the right place! So keep reading, and let’s turn you from a nocoiner to a bitcoiner!
Crypto OTC works similarly to the traditional financial OTC markets. OTC refers to Over-The-Counter, and it means you directly negotiate and trade with brokers rather than trading on an exchange or other purely digital trading platforms. It is popular among individuals and institutions who wish to settle large orders quickly.