Abbreviated as BATM, a Bitcoin ATM is an automatic teller machine which allows an individual to buy bitcoins. Bitcoin ATM kiosks are exchange platforms which provide a medium for converting…
How To Get Started With Bitcoin Mining?
Bitcoin and other cryptocurrencies have received a lot of media attention over the course of the last year due to the astronomical rise in prices in the cryptocurrency markets. This…
How Does Bitcoin Mining Work and Why is it Done?
The Bitcoin protocol is a very sophisticated mechanism for processing transactions in a decentralized fashion. Eliminating the middlemen in a transaction helps in giving more control to the individuals regarding…
How does Bitcoin Money Laundering work?
Despite the dozens of benefits that Bitcoins and the Blockchain Technology have to offer compared to the traditional banking system, there is a risk that Bitcoins can be used for…
How Does Blockchain Use Public Key Cryptography?
Asymmetric cryptography or public cryptography is an essential component of cryptocurrencies like Bitcoin and Ethereum. These advanced cryptographic techniques ensure that the source of transactions is legitimate and that hackers…
