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Blockchain

In this section I share with you some of the most interesting stories from the world of blockchain technologies.  A blockchain is a peer-to-peer distributed database that has rigorous rules for adding data. Each cryptocurrency is associated with a blockchain that serves as an open ledger. Blockchain technology is making its way into fields as varied as medical records management, digital identity verification, supply chain monitoring, and video games.

Let’s explore this exciting world together.

All about the Halving of Bitcoin

I have prepared a question and answer post on Bitcoin halving. From the basic to the more advanced level, we tackle various aspects of halving together, taking a look at how it works, its history, and its impact on the Bitcoin market.

Is There Only one Blockchain?

There are already at least 1,000 blockchains and 4 types of blockchain networks (public, private, hybrid and consortia). Although the main goal of blockchain is to facilitate a single data transfer, there are several platforms available in the field.

Updated List of Crypto Scams and Crypto Bankruptcies

As cryptocurrency has risen in popularity over the past decade, it has drawn the attention not just of countless investors looking for the next big thing, but also a variety of fraudsters, thieves, and unscrupulous operators. From high-yield investment Ponzi schemes to hacking incidents at cryptocurrency exchanges, the landscape has been marked by a range of scams and failures.

Can Cryptocurrencies Fail?

Anyone investing in cryptocurrencies should ask themselves, “Can a cryptocurrency fail?” The answer is yes. That is why it is crucial to understand how this universe works before risking your savings.

The attack on Mt. Gox

In 2014, a significant incident changed the course of cryptocurrencies forever. Mt. Gox, the biggest Bitcoin exchange at that time, was hit by a cyber attack that resulted in a theft of cryptocurrencies worth half a billion dollars. This disaster had a profound impact on the whole cryptocurrency ecosystem.

What does HODL mean?

HODL is a commonly used term in the cryptocurrency world. Born from a typo of the word “hold” in a 2013 post on the Bitcoin forum, it has since become a popular term among cryptocurrency enthusiasts.

Who is Satoshi Nakamoto?

Regardless of who or what he represents, one cannot ignore the impact Satoshi Nakamoto has had on the cryptocurrency world. As the creator of Bitcoin, the world’s best-known and most successful cryptocurrency, Satoshi Nakamoto has become a legend in the world of finance and technology.