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Category 11: Cryptocyclopedia

What Is Bitcoin Private and Is it a Good Investment?

Category: Altcoins, Bitcoin, Blockchain, Cryptocyclopedia, News, Tech

What Is Bitcoin Private and Is it a Good Investment?

In the past twelve months, there have been a number of hard forks from the Bitcoin Blockchain. These forks have resulted in some altcoins bearing the Bitcoin brand name. While some forks have created altcoins with relatively high value, market penetration, and merchant adoption such as Bitcoin Cash (BCH), many have floundered and fallen into near nothingness. What Is Bitcoin…

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What is Zilliqa And is it a Good Investment?

Category: Altcoins, Cryptocyclopedia, Ethereum, News

What is Zilliqa And is it a Good Investment?

The cryptocurrency space continues to expand with new blockchain projects seemingly launching on a daily basis. While many of these projects do not contribute anything of note to the cryptocurrency community, some projects are working on solving real challenges that the market is facing. Blockchain technology is being utilized in innovative ways leading to improvements in several industries, but not…

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What is GameCredits and Is It a Good Investment?

Category: Altcoins, Bitcoin, Blockchain, Business, Cryptocyclopedia, Ethereum, News, Tech

What is GameCredits and Is It a Good Investment?

The crypto asset investment universe has grown into a $330 billion asset class that is composed of a wide range of different digital currencies and tokens. The variety of digital assets is one of the most alluring factors of this new digital asset class. There is indeed something for everyone in the crypto asset space. For the online gaming industry,…

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What is Bitcoin Batching?

Category: Bitcoin, Blockchain, Cryptocyclopedia, Tech

What is Bitcoin Batching?

Batching is a method used to place as many transactions as possible into the limited block space available on Bitcoin’s blockchain. Batching is important because combining multiple outputs and payments into a single operation is space and cost efficient. What is Batching? Batching multiple transactions into one transaction, therefore, creates cheaper and lower fees for everyone on the network. While cryptocurrency…

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What is JoinMarket?: Can it Solve Bitcoin’s Fungibility Problem?

Category: Cryptocyclopedia

What is JoinMarket?: Can it Solve Bitcoin’s Fungibility Problem?

JoinMarket wants to solve the problem of privacy, fungibility, fees, and scalability in bitcoin. It’s an innovative kind of mixing technology which uses CoinJoin. Before a deep dive into JoinMarket, it’s important to understand the CoinJoin method which was proposed by Gregory Maxwell, ex-CTO of Blockstream who quit in January 2018 to work on Bitcoin independently. What is CoinJoin? CoinJoin…

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What Is a Hard Fork in the Crypto Economy?

Category: Altcoins, Bitcoin, Cryptocyclopedia, Ethereum, News, Tech

What Is a Hard Fork in the Crypto Economy?

Hard forks have become a major topic in the cryptocurrency space in the past six to twelve months. After Bitcoin Cash (BCH) forked from the Bitcoin blockchain in August 2017, a wave of bitcoin forks hit the community and with it came substantial controversy surrounding the legitimacy of these forks. The Types of Forks In simple terms, a hard fork…

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The History of Bitcoin Part 4: BitTorrent

Category: Cryptocyclopedia

The History of Bitcoin Part 4: BitTorrent

You can read Part 3 of the History of Bitcoin series here. Prior to the launch of the first decentralized digital currency bitcoin, there were several projects such as Hashcash, b-money, bit gold, and BitTorrent, which helped to shape cryptocurrencies as they exist today. In this installment of “The History of Bitcoin,” you will be introduced to the peer-to-peer file…

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What is Numeraire and is it a Good Investment?

Category: Cryptocyclopedia

What is Numeraire and is it a Good Investment?

The blockchain is poised to disrupt a wide range of industries. One industry that not many are aware of is also experiencing blockchain is the hedge fund space. While there are a number of hedge funds that have recently been launched in order to invest specifically in crypto assets, they are more focused on the profits they can generate as…

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The History Of Bitcoin Part 3: What Is B-Money

Category: Cryptocyclopedia

The History Of Bitcoin Part 3: What Is B-Money

You can read Part 2 of the History of Bitcoin series here. In the initial days of the crypto-anarchy and cypherpunk movement, where bitcoin was eventually born, researchers were determined to create a community that would be free of the control from centralized authorities. It was in this community, where the idea for a currency that would be impossible to…

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The History of Bitcoin Part 2: Bit Gold

Category: Bitcoin, Cryptocyclopedia, Mining, News, Tech

The History of Bitcoin Part 2: Bit Gold

Read Part 1 of the History of Bitcoin series here. While bitcoin is the first functioning decentralized digital peer-to-peer payment system, it has several predecessors that have helped to shape its existence. It will be these forerunners that will make up our discussion in ‘The History of Bitcoin’ series. What is Bit Gold? In a 2010 forum post, Satoshi Nakamoto…

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