When Satoshi Nakamoto launched Bitcoin in 2009, the founder saw it in his mind, or expected it to function, as money. We can deduce this from reading the white paper, published three months earlier to detail how the cryptocurrency would…
Read morePart of what gives Bitcoin value is its immutable ledger, the blockchain. When something gets added to the blockchain, there is no way to reverse or undo the process. You can’t “take it back.” The unalterable aspect of the Bitcoin…
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Did you know you can run a node on the Bitcoin network without using the Bitcoin Core software? And that you can do so without causing the blockchain to fork? Last year Bitcoin has experienced two successful hard forks that…
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As Bitcoin continues to soar to new all-time highs, global awareness surrounding cryptocurrencies has exploded. Particularly for newcomers, the idea of mining Bitcoin can sound very attractive at first. After a little research, however, the realities of needing special mining…
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For many active investors in the cryptocurrency space, a lot of time is spent trading one coin for another. It can be easy to forget that the viability of most cryptocurrencies depends on being used for commerce in the real…
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Although it is true that Bitcoin is one of the most innovative inventions of the 21st century with potentials to revolutionize financial systems all around the world, it is also true that Bitcoin has unfortunately been linked to various scandalous…
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If you’ve been following the Bitcoin scaling efforts lately, you already know that the Bitcoin blockchain forked on August 1, giving birth to a new currency called Bitcoin Cash (BCH). The event was surrounded by quite a bit of uncertainty…
Read moreAs the adoption of blockchain grows, so does the need to understand the lexicon around it. A fork is a common blockchain technical term used specifically in the ongoing scaling debate, yet it causes a lot of confusion, particularly for…
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Starting 1 July 2017, Bitcoin use in Australia will no longer result in double taxation. The government announced the change in its 2017-18 budget report. The change comes under the $1.1 billion National Innovation and Science Agenda (NISA), designed to…
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Eight months after ChangeTip launched, Emin Gün Sirer wished it dead. He also asked us all to celebrate its demise when it happened. Sirer is an IT security expert, commentator and professor at Cornell University. In a blog post titled…
Read moreApproved by Archax Ltd on 7th October 2023
