Bitcoin Core Forks: Bitcoin Gold and Bitcoin Cash

Contents0.1 Why does a fork happen?1 What is wrong with Bitcoin?1.1 Soft Fork2 The Lightning Network2.1 BTG Hard Fork3 What makes Bitcoin Gold Great?4 What’s wrong with Bitcoin Cash?4.1 One Common Core4.2 Global Awareness and The Next Generation Why does a fork happen? Bitcoin is a decentralized peer-to-peer currency, and therefore transactions are a democratic “public … Continue reading Bitcoin Core Forks: Bitcoin Gold and Bitcoin Cash »

United Fans GOAL coin Cryptocurrency and Fan Voting Platform

Contents1 Pioneer leaders in the soccer community2 The worlds most popular sport3 GOAL coin4 Fan, player, team, and manager interaction5 Crowd Wisdom6 Mobile App7 IoT wearable device tracking8 Technical Stuff9 More info Pioneer leaders in the soccer community As pioneers in the blockchain Soccer management sector, Unitedfans.co aims to be proactive leaders in the soccer … Continue reading United Fans GOAL coin Cryptocurrency and Fan Voting Platform »

Bitcoin Gold (BTG) 2018

“Bitcoin Gold aims to make Bitcoin mining decentralised again.” By simply differing from Bitcoin’s proof-of-work SHA256 to Equihash algorithm, everyday miners using GPU can mine Bitcoin Gold easily, and even though the GPU mining market is competitive and varies, Bitcoin Golds difficulty adjusts every block in order to compensate for the fluctuations. Anyone who has spare … Continue reading Bitcoin Gold (BTG) 2018 »

What does Ethereum smart contracts use the blockchain for?

Blockchain technology is expected to be fast enough to power the Internet of things (IoT) and is going head-on with the major financial institutions of the banking world. Blockchains are being developed by banks, industries, and governments worldwide. Some commonly known use cases include  payment systems and digital currency, helping crowd sales, and implementing prediction … Continue reading What does Ethereum smart contracts use the blockchain for? »

Crypto Security

Contents1 Cryptographic Security1.1 History of Cryptography1.2 Bitcoin Cryptography1.2.1 Identifiers1.2.2 Input Puzzle – Output Hash1.2.3 Cryptographic Wallet1.3 Qualities of the Bitcoin Blockchain –1.3.1 1) Confidentiality1.3.2 2) Integrity1.3.3 3) Non-repudiation1.3.4 4) Authentication1.3.4.1 Final Thought Cryptographic Security Cryptographic security is a common concern for many when being introduced to the ever growing world of blockchain technology. Hacking is … Continue reading Crypto Security »

Blockchain EHR

Contents1 Electronic Health Record EHR Blockchain1.1 What is an EHR?1.2 Secured with Blockchain Technology1.3 Introducing smart contracts to dental health1.4 Solution to health record interoperability1.5 Modular CDN and DNTX Payment system Electronic Health Record EHR Blockchain Electronic Health Records Blockchains are being developed to solve a well-known problem in the medical field, interoperability. They use … Continue reading Blockchain EHR »

How bitcoin uses cryptography to mine and store bitcoin

blockchain

Contents1 Bitcoin2 Cryptographic Hash Function3 Bitcoin Wallet Storage4 Private keys, public keys, and digital signatures4.1 Private key4.2 Public key4.3 Digital signature Bitcoin Bitcoin is a virtual currency stored on a blockchain and secured using encryption.  Technically speaking it’s an Elliptical Curve Digital Signature Algorithm (ECDSA) that is used to store, validate, and transfer digital tokens … Continue reading How bitcoin uses cryptography to mine and store bitcoin »

Bitcoin Mining Basics

Basics of Bitcoin Mining Proof of Work Miners use Proof of Work (PoW) encryption to make sure the accuracy and security of every bitcoin transaction. Every transaction creates multiple hash outputs, which are assigned a Transaction Identifier (TXID). Transactions are recorded and grouped into “blocks” by bitcoin Miners. Each and every bitcoin transaction is recorded … Continue reading Bitcoin Mining Basics »

Satoshi Nakamoto’s Unsolved Mystery

 Unsolved Mysteries – Satoshi Nakamoto Bitcoin was first described in October 2008, when Satoshi Nakamoto issued a paper to metzdowd.com’s cryptography email list. 3 months later, after the first software release of Nakamoto’s digital , the first tokens were mined and the blockchain began. Satoshi called the tokens “bitcoins” and he claimed that work … Continue reading Satoshi Nakamoto’s Unsolved Mystery »

Bitcoin Basics: Blockchain

Contents1 Bitcoin Blockchain1.0.1 Public, Permissioned, and Private Blockchains1.0.1.1 Public Blockchain1.0.1.2 Permissioned Blockchain1.0.1.3 Private Blockchains1.1 Bitcoin1.1.1 Proof of Work (PoW)1.1.2 Cryptographic Hash1.1.3 Decentralized Bitcoin Blockchain   The Bitcoin Blockchain can be simply explained as a distributed ledger for recording, storing, and transferring information. The blockchain will revolutionize business and redefine companies, economies, and even governments.  It is now possible for every agreement, … Continue reading Bitcoin Basics: Blockchain »