Is It Worth It to Invest in Bitcoin in 2020?
The popularity of Bitcoin is continuously decreasing for the last two years. Regardless of a relatively high interest in June…
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Blockchain is a decentralized data storage technology that refers to a distributed ledger consisting of separate data blocks connected to user computers (also known as nodes). Each block encrypted with a private and public key contains a timestamp and link to a previous block in the hash tree. The blockchain decentralization lies in the fact that the information about each data block is stored on all endpoints in the network. With each transaction, the blockchain system creates a new data block in the distributed ledger. To validate a transaction, the system compares the corresponding data block information stored on all nodes in the networks thus making it impossible to modify this data. Blockchain is a technology behind smart contracts and Bitcoin.
The popularity of Bitcoin is continuously decreasing for the last two years. Regardless of a relatively high interest in June…
Libra is a new cryptocurrency built on the open-source blockchain technology called Libra Blockchain. Announced in June 18, 2019, by…
A mining farm is a set of hardware that includes a computer and graphics processing units (GPUs) connected to it.…
HDD mining is the cryptocurrency mining method based on hard disk drives. Unlike typical mining based on graphics processing units,…
The Bitcoin mining software market is full of original offers with their benefits, features, capabilities, and drawbacks. Downloading and trying…
Bitcoin mining is now associated with fast and easy revenue. More and more private investors purchase high-end computers to “generate…
Bitcoin has been one of the most discussed topics for the last few years. This technology created numerous misconceptions about…
A concept of smart contracts arose back in 1994 due to Nick Szabo, a cryptographer and computer scientist. However, his…
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