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Bitcoin vs Central Bank

The central banks have been around for a long time, and they have been a trusted source of financial stability. However, there are a number of reasons why people are now opting to drop central banks and move to bitcoin. Here are just a few of the reasons why: 1. Bitcoin is decentralised, which means…

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Difference between bitcoin network and bitcoin lightning network

The Bitcoin network is a peer-to-peer payment network that operates on a cryptographic protocol. Users send and receive bitcoins, the units of currency, by broadcasting digitally signed messages to the network using bitcoin wallet software. Transactions are recorded into a distributed, replicated public database known as the blockchain, with consensus achieved by a proof-of-work system…

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Storing bitcoin options

When it comes to storing your bitcoins, there are a few different options. You can store them on an exchange, in a digital wallet, or in a cold wallet. Each option has its own advantages and disadvantages, so it’s important to choose the one that’s right for you. A cold wallet is a type of…

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Bitcoin and it’s history

Bitcoin was created by Satoshi Nakamoto in 2009 as an alternative currency for the Internet. It was designed to be a decentralized digital currency with no centralized issuing authority or single administrator. In other words, it can’t be shut down like traditional currencies issued by governments. Well, let’s start at the beginning. When the original…

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