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Blockchain Explained

How blockchain technology can save insurers money

I am aware that the title of this article is going to turn away 99.9% of the population. Insurance claims and blockchain are two specialist industries which aren’t renowned for being ‘exciting’,  however, both are industries I have experience in. Whilst learning more about blockchain technology, my brain has been working out ways it could […]

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Cryptocurrency Explained

Cryptocurrency’s Friendliest Ghosts

You have probably heard of Ethereum. If not and you want to find out more, check out this great explanation of Ethereum here. Now, as you will be aware if you have watched the video linked above, Ethereum at the time of writing uses a consensus mechanism called ‘Proof of Work’ (POW). POW is the […]

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Travel

Trying exotic fruits in Brazil

I have been in Brazil for a few months now. Originally I planned to travel around the country and see some other Latin American countries… maybe even the Galapagos Islands! However, Covid-19 decided to ruin any plans I once had, with Brazil being locked down literally a week after I arrived (and only 3 days […]

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Cryptocurrency Opinion

Cryptocurrency Maximalism – The good, the bad and the ugly

What is a cryptocurrency maximalist? A cryptocurrency maximalist is someone who believes that their chosen currency or coin is the only one worth caring about. The social media of choice for said maximalists is often Twitter, although they are known to inhabit other social media platforms. They will write regular ‘tweets’ about their chosen coin […]

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Cryptocurrency Guides

How to buy things with Cryptocurrency

So, you have managed to gain a basic knowledge of bitcoin and other cryptocurrencies. (If not check out this article: A Basic Explanation of Bitcoin) You have even managed to buy some bitcoin or another type of cryptocurrency. Now what? Many people who purchase cryptocurrencies are motivated by investment or trading, but what about those […]

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Cryptocurrency Opinion

The Future for Cryptocurrencies looks Bright

The Bitcoin network was created by the mysterious Satoshi Nakamoto, with the first, ‘genesis block’ being mined on January 3rd 2009. Over 11 years later, bitcoin has a market cap of $128,727,068,115 and the market cap for all cryptocurrencies combined is $201,429,797,778 at the time of writing this article. It is fair to say that […]

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Cryptocurrency Explained

Bitcoin Mining Explained

To gain a basic explanation of how the Bitcoin protocol works, check here: A Basic Explanation of Bitcoin If you have been researching Bitcoin you’re likely to have come across the term ‘Bitcoin Mining’ and you may be wondering what it really is. When I first heard of Bitcoin mining, I immediately started thinking of […]

Categories
Cryptocurrency Explained

A Basic Explanation of Bitcoin

There has been a lot of information circling the web about Bitcoin for the past decade and both good and bad news seems to increase year upon year. This leads to a lot of people wondering what Bitcoin actually is and how it really works. If you yourself are a complete beginner when it comes […]