role of bitcoin miners

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 Data Management As we are aware, Blockchains are distributed structures that follow peer-to-peer networks and inherit the advantages of a peer-to-peer…

Sending and Receiving Bitcoin Sending and receiving bitcoin is one of the core building blocks of any bitcoin application. Sending and receiving…

Blockchain Key Areas In the blockchain technology, bitcoin is the best-known implementation of the blockchain. There is a lot of development and…

Who sets the Bitcoin Price Bitcoin is like a commodity. The price of bitcoin is determined by the market in which it…

Blockchain Merkle Tree Merkle tree is a fundamental part of blockchain technology. It is a mathematical data structure composed of hashes of…

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…