What is a Blockchain?

Blockchain is shared, trusted, public ledger of transactions, that everyone can inspect but which no single user controls. It is a cryptographed, secure, tamper resistant distributed database. It solves a complex mathematical problem to exist. A blockchain is the...

Smart Contracts Explained – Infographic

On blockchains like Ethereum, smart contracts are a pice of code running on top of the blockchain protocols that where the rules of a transaction are embedded into the code, and automatically enforced once all parties to the smart contract meet the pre-defined rules....

The Rise and Rise of Bitcoin

Here is a quick view of the historical rise of Bitcoin from Total Processing: The following infographic covers the most significant events since the emergence of Bitcoin including price spikes, early Bitcoin startups, and first merchant integrations. Everything...

Segregated Witness overview

Each bitcoin transaction includes a signature in it. This signature is used to verify the transaction. After a transaction is verified, it gets stored on the blockchain. Essentially segregated witness means separating signatures out of transactions and keeping...

Zcash explained

“Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash transactions automatically hide the sender, recipient, and value of all transactions on the blockchain.” source: z.cash # Zero...

Satoshi Pay

  SatoshiPay processes nanopayments of 1c or less and enables content providers to monetise their digital goods in completely new ways.   What content will Satoshipay support in the near future: # Support for more content types, like images, audio/video and...

IPFS – The Interplanetary File System

IPFS(Interplanetary File System) aims to replace HTTP and seeks to connect all computing devices with the same system of files. At its core, IPFS is a versioned file system that can take files and manage them and also store them somewhere and then tracks versions over...

Monero in a nutshell

  Monero is a privacy-centric cryptocurrency, which provides untraceable and unlinkable transactions. The user’s transaction history cannot be followed on the blockchain, but you can still easily prove your ownership of funds if you need to. Official slogan:...

Ethereum Explained

    Ethereum is a virtual machine running atop a decentralized blockchain mining so called Ethers, allowing a wide range of smart contracts. The Ethereum Project, based in Switzerland, raised millions in seed money by pre-mining and selling ethers to...

Ethereum Ecosystem

  Ethereum is a virtual machine running atop a decentralized blockchain mining so called Ethers, allowing a wide range of smart contracts. The Ethereum Project, based in Switzerland, raised millions in seed money by pre-mining and selling ethers to supporters...

Bitcoin price volatility

    Bitcoin is a cryptocurrency that runs on a (1) global peer to peer network, is (2) decentralised (no single entity can control it), it’s (3) open source (wallet & transaction verification), (4) bypassing middlemen or central authority, with (5) no...

Bitcoin and taxes

  Bitcoin is a cryptocurrency that runs on a (1) global peer to peer network, is (2) decentralised (no single entity can control it), it’s (3) open source (wallet & transaction verification), (4) bypassing middlemen or central authority, with (5) no issuer or...

Bitcoin Ecosystem

  Bitcoin is a cryptocurrency that runs on a (1) global peer to peer network, is (2) decentralised (no single entity can control it), it’s (3) open source (wallet & transaction verification), (4) bypassing middlemen or central authority, with (5) no issuer or...

Anatomy of a #bitcoin

Bitcoin is a cryptocurrency that runs on a (1) global peer to peer network, is (2) decentralised (no single entity can control it), it’s (3) open source (wallet & transaction verification), (4) bypassing middlemen or central authority, with (5) no issuer or...

Bitcoin transactions explained

  Bitcoin is a cryptocurrency that runs on a (1) global peer to peer network, is (2) decentralised (no single entity can control it), it’s (3) open source (wallet & transaction verification), (4) bypassing middlemen or central authority, with (5) no issuer or...

How does bitcoin mining work?

  Bitcoin mining is a decentralized computational process that serves two purposes: confirms transactions and creates new bitcoins. The algorithm used for this task is called Proof of Work(PoW)....

The Bitcoin block

  Blocks are the units of the blockchain, like pages of transactions in a ledger. Check out this cool infographic about the bitcoin blocks....