Bitcoin Mining and the allied procedures of Mining process

Bitcoin Mining

Bitcoin Mining is the process of creating the currency. Bitcoin miners use specialized software and hardware to verify Bitcoin transactions and to solve complex math problems and are compensated by a certain number of bitcoins in exchange. This is how bitcoin currency is issued and anyone can mine bitcoins. We can use mining to create … Read more

Bitcoin Predecessors and their individual characteristics

Bitcoin Predecessors

Before starting with today’s topic of Bitcoin Predecessors, we take a look back on the last session where we discussed about the Bitcoin ecosystem and how the bookkeeping nodes work in tandem in the background. Today’s topic in Bitcoin Predecessors include Digicash b-money Hashcash Bitcoin Predecessors- Digicash It is hard to overstate the impact that … Read more

Follows us on Social Media

[FaceBook] [Twitter] [Pintrest] [InstaPaper]