What Is a Replay Attack and How Does It Affect Bitcoin Users?
Concerns about replay attacks grow with every eminent hard fork. But what is a replay attack and how does it affect Bitcoin users?
Read moreApproved by Archax Ltd on 7th October 2023
Is Quantum Computing a Threat to Bitcoin?
There is a lot of speculation when it comes to the future of Bitcoin, blockchain technology, and cryptocurrencies, in general. Particularly, as more and more people begin to explore cryptocurrencies and as value rises, it is easy to focus much…
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What is a Merkle Tree and How Does It Help Organize Data On The Bitcoin Blockchain?
Integral to the blockchain concept is another concept that dates back to 1979: the Merkle tree, named after computer scientist Ralph Merkle. Central to how the Bitcoin blockchain works, and also to Merkle trees, is the concept of hashing.
Read moreTop Resources for Acquiring Bitcoin and Blockchain Knowledge
With growing adoption of blockchain technology and decentralised applications, the demand for people who have knowledge and skills in them is on the rise. According to a report compiled and published by the leading online freelancing site Upwork, the demand…
Read moreUnderstanding Unspent Transaction Output (UTXO) in Bitcoin
In the early days of Bitcoin, a sender had to manually set the details of each transaction. This meant they had to understand how transactions worked more than is necessary today. If you were transacting back then, you would have…
Read more8 Events That Stand Out in Bitcoin History
In less than a year, the first cryptocurrency will clock in at a decade. In that time, hardly a month has gone by without it experiencing a major event, reaching a new turning point, or achieving another milestone. It can…
Read more99 Out Of 100 Top Coins See Green As Bitcoin Climbs
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Read more6 Applications That Run on Top of Bitcoin
When Vitalik Buterin announced the launch of Ethereum in January 2014, he explained that his primary motivation for creating the protocol was to design a ‘foundational layer’ for other applications. The Bitcoin blockchain wasn’t originally designed for applications to run…
Read moreBitcoin: A Store of Value or a Medium of Exchange?
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…
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Popular Blockchain Consensus Mechanisms and How They Work
In centralized systems, an administrator manages the database and decides what files to store and how to update them. The administrator can delegate this power to others. With decentralized public ledgers, or blockchains, however, no administrators exist. Independent nodes in…
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