How Does Bitcoin Mining Work and Why is it Done?

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How Does Bitcoin Mining Work and Why is it Done?

28 January, 20185 February, 2018

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?

27 January, 201823 July, 2018

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?

27 January, 201823 July, 2018

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…

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