24 Fun Bitcoin Facts And Figures (That Will Make Your Head Spin)

  Bitcoin (BTC) has revolutionized digital payments in a massive way. Since its introduction in 2009, it has advanced technological processes through the blockchain network. Its initial developer remains largely anonymous since they use the pseudonym Satoshi Nakamoto. It is believed they could be an individual or a group of developers.     During 2009, BTC’s first year of existence, the value was technically $0 and was yet to trade on any exchanges… In 2010, the highest recorded price was $0.39. This has continued to fluctuate over time and peaked…

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A beginners guide to Bitcoin and Blockchain Technology

Cryptocurrency transactions are verified by the process known as mining. Miners are nodes that solve complex mathematical problems to enable the transaction to happen.     Although you could once mine your own cryptocurrencies using a standard PC, this isn’t viable any longer; the quality and quantity of hardware required to mine cryptocurrencies effectively is directly proportional to the volume of people deciding to mine. The physical components that are needed for mining involves specialized or consumer hardware and a combination of your graphics cards and CPU.    First of all…

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What is Blockchain and why should every business care

A recent study shows how Blockchain can have an Impact on Business similar to that of the Internet. The blockchain is a centralized ledger of all transactions across a peer to peer network. Participants can now confirm the transactions without a central certifying authority. Blockchain technology is like the internet in that it has a built-in robustness.   By storing blocks of information that are identical across its network, the blockchain cannot be controlled by any single entity and has no single point of failure. Scientists and technologists alike are…

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What is Bitcoin? – New Kindle Edition

What is Bitcoin, is a consistently high ranking search term on google and a question that our readers constantly ask.  Bitcoin is an innovative payment network and a new kind of money called cryptocurrency.  Scroll down to learn more.      BITCOIN – THE LAST TEN YEARS!   Revolutions and Counter Revolutions: Andreas Antonopoulos Reflects on 10 Years of Bitcoin VIDEO – 10 Years of Bitcoin in 1 minute! Related Reading – Latest Price Predictions for Bitcoin and Crypto     What does the future hold… Paxful co-founder and COO Artur Schaback believes:…

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EOT Blockchain Based Model for Passive Income

  Blockchain provides an opportunity to create passive income that is unique to the crypto world and can also be highly lucrative.     What is the EOT Blockchain?   The EOT Blockchain is an immutable record of all EOT transactions, stored on a network of computers thus creating a distributed ledger of all transactions.   How Does the EOT Blockchain Work?   When EOT started a first version of the record in the ledger was created and stored in what is block 1 or otherwise known as the Genesis…

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Essential Tools for the Crypto / Bitcoin Trader

In search of the Crypto Moon More than 1800 currencies and 5000 exchanges makes the crypto trading world a minefield for the new and even the experienced trader. In this article we aim to give you a handy reference guide of resources that will help you to navigate these treacherous waters.   Information: Information is the chief currency of the trader without quality information a trader does not have anything to work with and the right information that the right time can make a trader a fortune. There is a…

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How to make money with Crypto Mining [ EOT ]

It seems that these days everyone wants to know how to make money with crypto mining.   In this article, we will show you step-by-step where to start and how to make money with Crypto mining, specifically how to mine and profit from the opportunity provided by EOT – Encryption of Things. Educate yourself:   This is the first and most important step before you can start making money with crypto mining, you need to understand what you mine, why you are mining it and what the long-term prospects of…

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The Cryptolife of Andreas Antonopoulos

Have you attended any Bitcoin and Blockchain conferences lately?  If so, you might have met Andreas Antonopolous in person.     Andreas Antonopoulos is a “critically-acclaimed best-selling author, speaker, educator, and one of the world’s foremost bitcoin and open blockchain experts”.  Antonopolous coined the Bitcoin phrase “The Internet of Money” and subsequently wrote a book with this title.   Where it began   Antonopoulos was born in London, England and raised in Athens, Greece. He received a degree in Computer Science and Data Communications and Distributed Systems from University College…

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Security and Hacking concerns for IoT Devices

In a recent interview with CNBC, Sen. Mark Warner voiced concerns regarding the security of devices connected to the internet, know as IoT.       “The challenge has been so far is the devices makers on the higher end are happy to help, but if somebody is selling a cheap appliance or a cheap sensor and it costs $10 or $15, they don’t want to spend the extra $0.15 or $1 to put in basic security,” Warner said to CNBC.      This is a real concern as Gartner…

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Find Bitcoin, Cryptocurrency, Initial Coin Offering and Blockchain in the Dictionary

An event in October 2008 was the start of a new technology that would disrupt our lives forever. Firstly, what does “disruptive technology” actually mean.  A disruptive technology displaces an established technology, a trailblazing product that shakes up an industry.  Disruptive technology creates an entirely new economy.     This is exactly what Bitcoin and the underlying technology, blockchain, has done.  Bitcoin’s whitepaper was released to the world by Satoshi Nakamoto on 31 October 2008 unleashing disruption to the financial industry, leading the way for more cryptocurrencies to be developed.…

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