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Bitcoin, Crypto Wiki

Bitcoin Weaknesses 

Bitcoin is a very young currency which brings many innovative improvements to more traditional systems. However – a decentralized currency is a new concept and there is little doubt that Bitcoin is prone to several risks. Quantum computers can hack Bitcoin, it’s legal status is…

Bitcoin, Crypto Wiki

Bitcoin Mining 

Bitcoin mining is a process of creating new blocks in the system that uses the computing power of GPU, CPU or specially designed ASIC processors. Mining helps keep the blockchain complete and up to date by collecting new transactions into blocks. Each block consists of…

Bitcoin, Crypto Wiki

Bitcoin Wallet 

A bitcoin wallet is a cryptocurrency wallet that can hold Bitcoins. A wallet is a piece of software that allows to send, receive and store BTC. There are several types of wallets ranging from online apps to so-called paper wallets – pieces of physical paper…

Bitcoin, Crypto Wiki

Bitcoin Storage Methods 

Bitcoins are stored in specialized pieces of software or hardware called “wallets”. Bitcoin wallets do not actually store Bitcoins but instead hold private and public keys. Private keys are used to prove the ownership of the funds. Public keys are used as an address of…

Bitcoin, Crypto Wiki

Satoshi Nakamoto 

This article is about the character, Satoshi Nakamoto- creator of Bitcoin. Read about Satoshi coin. Satoshi Nakamoto is an alias of a person or a group of people who developed a protocol of cryptocurrency termed blockchain and produced the first cryptocurrency called Bitcoin. Several attempts…

Bitcoin, Crypto Wiki

Bitcoin Emission 

Bitcoin was created as a decentralized currency with a limited supply. As a consequence, it is prone to deflation. Spendable Bitcoins Total spendable supply of BTC will always differ from the total theoretical supply for several reasons. A miner might choose to underpay him or…