by Enrique Salazar | Jan 12, 2019 | Bitcoin
Ten years ago today, on January 12th, 2009, Satoshi Nakamoto sent Hal Finney 10 bitcoins as a test. It was the first Bitcoin transaction ever made. Today, more than 280,000 transactions per day are processed on the Bitcoin blockchain. Hal Finney was a respected...
by Enrique Salazar | Jan 11, 2019 | Bitcoin
Hal Finney was an Engineer who worked in the computer gaming and cyber security industry. He was a Cryptographic Activist and created the first reusable proof of work system before Bitcoin. On January 10, 2009 he posted the very first tweet about Bitcoin. Hal Finney...
by Enrique Salazar | Jan 10, 2019 | Bitcoin
On January 3, 2019 the Bitcoin community celebrated the 10th anniversary of the genesis block. 10 years ago, in the middle of a global financial crisis, the first block of the Bitcoin blockchain was mined. Satoshi Nakamoto included in the blockchain a headline from...
by ChainBytes LLC | Jan 2, 2019 | Bitcoin
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by Enrique Salazar | Dec 14, 2018 | Bitcoin
What is a Bitcoin Wallet? Technically, bitcoins do not have a physical form or are stored in a single location. There are only transactions which are stored on the blockchain. However, a bitcoin wallet can be defined as a software where the cryptocurrency is stored....
by Enrique Salazar | Dec 6, 2018 | Bitcoin
Bitcoin’s divisibility is one of its many features. People that have never used cryptocurrencies before might think that they are required to purchase a whole Bitcoin to transact with the new form of currency; however, one Bitcoin is divisible into 100 million units...