In this post we take a look at the nature of Bitcoin, compare it with the characteristics of a Ponzi scheme, and try to give an answer to the question.
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November 28, 2012: Bitcoin’s First Halving Event
On November 28, 2012, an event of unprecedented significance occurred in the world of cryptocurrency: the first Bitcoin halving. It was on this day that the reward per block for mining Bitcoin was reduced from 50 to 25 Bitcoins.
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20 Pivotal Events in Cryptocurrency History
Cryptocurrencies have changed the way we see and use money. From Bitcoin’s first steps to the influence of social media on crypto prices, a lot has happened over the years. Here’s a list of 20 major moments in the crypto world.
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Why Bitcoin is the Giant of Cryptocurrencies
The world of cryptocurrencies has captured the attention of millions of people around the world. But how did it all start? And why did Bitcoin become the giant […]
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The Importance of Schnorr Signatures
While layer 2 solutions are emerging and receiving increasing attention in the blockchain community, it is equally important to focus on base-layer solutions, which have the potential to significantly expand the operational capacity of the network. One of the most promising innovations in layer 1 are Schnorr signatures. In the next few lines, we will elaborate on their functions and advantages.
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Guarding Your Digital Gold: A Guide to Crypto Cyber Threats
Even the seemingly impenetrable blockchain isn’t immune to potential risks. Let’s navigate through the maze of possible attacks and see how they can impact your crypto assets.
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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.
Blockchain
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Satoshi Nakamoto: Frequently Asked Questions
This FAQ aims to answer the most common questions about Satoshi Nakamoto and the significant impact this entity had on the world.