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How Bitcoin Can Change the Way You Pay for Power

If you’re interested in delving into the world of Bitcoin, then you’re probably thinking of it as a possible investment venture. And it’s true that the world’s first decentralised digital currency has risen massively in value since it was launched in 2009.

But Bitcoin is also a currency like any other, albeit one that is faster, less costly, and features built-in security. That means it can be used for ordinary purchases, such as paying for your electricity. However, with Bitcoin, there is a twist.

Why Bitcoin vs. Ethereum is the Wrong Question to be Asking

All too often we hear heated discussions within the cryptocurrency community over which coin is king. Framed as bitter rivals battling to control the future of crypto, many “Bitcoin vs. Ethereum” debates entirely miss the point that these two currencies serve fundamentally different purposes. While there is nothing wrong with picking favorites, a “one coin to rule them all” mentality doesn’t really do justice to the broad and varied implications for blockchain based currencies.

What Is Ethereum Gas?

To understand the concept of Ethereum gas, you first need to look at the protocol as a virtual machine on top of a decentralized network. The Ethereum Virtual Machine (EVM) is a decentralized platform that stores data and executes program code as a centralized computer server would.

Programs that run on top of Ethereum are called decentralized applications (dapps) for the reason that the virtual machine is built on top of a decentralized peer-to-peer network.

The Lightning Network Is About to Turbocharge Bitcoin

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Bitcoin is in the process of deploying the Lightning Network. The new protocol helps the cryptocurrency handle more transactions, speed up confirmations and reduce costs incurred by users when sending and receiving bitcoins.

Could Tim Draper’s $250K Bitcoin Price Prediction Come True?

Venture capitalist and angel investor Tim Draper predicted on 12 April that the Bitcoin price would reach US$250,000 by 2022. He announced his prediction at a ‘block (chain) party’ organized at Draper University. He founded the institution, located in San Mateo, California, to train entrepreneurs.

Draper is a Silicon Valley investor who is one of the staunchest Bitcoin supporters among mainstream venture capitalists and angel investors. He has invested in cryptocurrencies, tokens and blockchain-related startups. Could his latest price prediction come true?

Solidity: Why You May Want to Learn This Ethereum Smart Contract Language

The Solidity coding language is taking over a majority of the smart contract programming market. Its compatibility with Ethereum, the most used blockchain for launching and running self-executing agreements, makes it a top choice for developers.

It’s Not Just For Geeks – Cryptocurrency in Art

The intersection between Crypto and artistic expression is perhaps not the first connection to come to mind. However, if you’re the kind of person who sees potential for Bitcoin and blockchain technology to reshape existing institutions, give rise to new types of organisations, or generally change the world, then there is a good reason to check out the artists working with these ideas.

Ethereum and Bitcoin – what is the difference?

In what way is Ethereum different to Bitcoin?

In the beginning, there was only one blockchain—Bitcoin. In the seven years since its creation, thousands have joined it. One of those is Ethereum.

Ether, the native currency of Ethereum, is the second most-traded cryptocurrency on almost every exchange, and it also has the second highest market capitalization, at slightly over $1 billion, which is about 10% of that of Bitcoin. Nevertheless, its community views it as better than Bitcoin in many respects.

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?

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 more on the “currency” aspect of Bitcoin and less on the “crypto” part. Bitcoin’s viability as a currency, however, depends on encryption.