four components of bitcoin

Converting Bitcoins to Fiat Currency In this section, we are going first to understand the meaning of Fiat or Fiat Currency. Fiat…

Blockchain Proof of work Proof of Work(PoW) is the original consensus algorithm in a blockchain network. The algorithm is used to confirm…

Blockchain Tutorial Blockchain Tutorial provides basic and advanced concepts of blockchain. Blockchain is a constantly growing ledger that keeps a permanent record…

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…