540 results for 'btc'
Tech 101
NFT Explained: How to Make, Buy and Sell Non-Fungible Tokens
Some non-fungible tokens (NFTs) have sold for millions of dollars, and experts expect the market will exceed the billion dollar mark by a couple of hundred million within 2021. What is this thing that is creating new markets and has captured the attention of creators, collectors, and crypto-enthusiasts? An NFT is a specific type of […]
Non-Fungible Token (NFT)
What is a Non-Fungible Token (NFT)? The term Non-Fungible Token (NFT) refers to a cryptographic token with a unique digital identifier that represents the ownership of an asset. As a token, an NFT can be bought or sold – but the real value is the asset itself. The holder of the NFT owns the underlying […]
Tech 101
Is it Time for Your Business to Accept Bitcoin?
Anyone who is watching the financial news in 2021 is doubtlessly aware of Bitcoin. The cryptocurrency, launched in 2009, has gone from a curiosity to a viable successor to gold as an asset. The past year has been especially notable since it has risen in value so dramatically. In mid-February, Bitcoin was trading for […]
Tech 101
Will Bitcoin Survive? 5 Factors From Each Side of the Debate
While all of us went about our regular lives, Bitcoin —the renowned cryptocurrency attributed to the pseudonymous Satoshi—was building an empire. Today, Bitcoin represents a $687 billion market with a lot of infrastructure, context and visibility in global finance. Its use, along with the use of other cryptocurrencies and decentralized finance assets, represents a major […]
Why do security professionals consider bitcoin and cryptocurrency mining a potential for 'parasitic' hacker activity?
There are a few predominant reasons why experts in cybersecurity will talk about Bitcoin and cryptocurrency mining being linked to various kinds of computing power and energy theft. One of them is the issue of energy scarcity attached to the practice of cryptocurrency mining. Another way to put that is that cryptocurrency mining requires a […]
Tech 101
How Do Cryptocurrencies Work?
Everything You Ever Wanted to Know About Cryptocurrency They say that money changes everything. Most people trade 40 hours of their time every week for an allotment of it. The lure of getting rich spurred thousands of adventurous speculators to travel clear across the United States to stake their claim in the California Gold Rush. […]
Tech 101
Bitcoin, Ripple, Ethereum: Comparing the Top 3 Cryptocurrencies
In the beginning, there was Bitcoin, then came Ripple, and then Ethereum. Along the way, many others came and went as cryptocurrency and blockchain protocols moved from the fringe to the mainstream, but these are still arguably the top three. Cryptocurrency shares the fundamental definition of all forms of money: it is a medium of […]
Tech 101
Hacking Cryptocurrencies
After the amazing rise of the bitcoin price at the end of 2017, mining and trading cryptocurrencies rapidly became one of the most important technology trends of the subsequent years. Today, in the wake of the global coronavirus pandemic, Bitcoin has quadrupled its value. All cryptocurrencies seem to hold much value as a hedge against […]
Tech 101
Introduction to Blockchain Technology: Key Properties, Security & Regulation
Blockchain technology is at the heart of cryptocurrencies. It is a shared and immutable ledger that facilitates transactions and tracks balances of assets on a network. There is a common misconception that blockchain technology and cryptocurrencies are synonymous. According to a survey of 603 business leaders in the U.S., UK, and China conducted by Casper […]
Tech 101
Energy (In)Efficiency In Bitcoin Mining Operations
Don’t expect to get rich from bitcoin mining. According to crypto guide HowtoToken, you could end up spending at least $1,080 per month on standard equipment, peripherals and energy as a miner. That excludes maintenance costs. For critics, bitcoin’s cost to the environment is even steeper. Not only does it guzzle our limited energy, but […]
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