four components of bitcoin

Blockchain Hash Function A hash function takes an input string (numbers, alphabets, media files) of any length and transforms it into a…

Basic Components of Bitcoin In this section, we are going to learn about the four basic components of bitcoin. These four elements…

Blockchain Version The brief description of the evolution of blockchain technology and its versioning from 1.0 to 3.0 are explained below. Blockchain…

Difference between Blockchain and Database Blockchain A blockchain is a database or a ledger that stores information in a data structure called…

Bitcoin Forks and SegWit In this section, we are going to learn about the bitcoin forks and Segregated Witness (SegWit). Let us…

Coinbase Transaction A coinbase transaction is the first transaction in a block. It is a unique type of bitcoin transaction that can…

Bitcoin Mitigating Attacks Bitcoin is the most secure cryptocurrency, which provides security at multiple levels of the protocol. It is often rendering…

Ethereum 2.0 What is Eth2? Eth2 pertains to a series of updates that will improve Ethereum’s scalability, security, and long-term viability. Numerous…

What is Bitcoin? Satoshi Nakamoto introduced the bitcoin in the year 2008. Bitcoin is a cryptocurrency(virtual currency), or a digital currency that…

Getting Started With Bitcoin The objective of this section is to show you a little bit about how you can get started…