Archives for bitcoin - Page 2
How software wallets fleece you on exchange fees
Software Wallets like Exodus and Voyager are convenient but VERY Costly . Two types of fees There are two types of fees in Crypto - the network fees and the…
Altcoin and Bitcoin Trading Pairs – Positive and Negative
Let us take LINK/BTC trading pair. If the LINK/BTC shows a NEGATIVE percent ( -5%) It means that BTC is more POWERFUL than LINK. This would be a good time…
SSL vs. TLS on Bitcoin Exchanges
TLS uses the more secure Key-Hashing for Message Authentication Code (HMAC) to ensure that a record cannot be altered during transmission. SSL simply uses key based encryption and nothing more (no…
Decentralized Domain Names – Why use crypto domains (.crypto and .zil)
On Unstoppable domains, one can register either a .crypto or a .zil decentralized domain. Some advantages of these domains include: No renewal cost (just a one time registration fee). How…
The Physics of Gold and Bitcoin
Gold has a 2% inflation rate. Needs to have these characteristics - Durable and taint proof. And hard to produce. 1000 years from now, there will still be only 21…
Predicting Bitcoin Price Movements
Intro Regular metrics such as RSIs, moving day averages etc. are actually highly inaccurate in predicting bitcoin movements. This post highlights two metrics that are somewhat better. While there are…
How does a nano ledger store your bitcoin?
It doesn't. Your coin is never stored anywhere but on the chain (the coin is just an entry in the chain). The wallet stores your private key, which is used…
Running bitcoin client without downloading the entire blockchain
Console Client and GUI Client bitcoind is the client that you can run in headless mode ( line). bitcoin-qt is the GUI based client. Do I need to download the…
Bitcoin Wallet API Programming
The bitcoin wallet is your entry door into the bitcoin network. This post discusses different ways you can write your own program to interact with the live bitcoin blockchain (known…
Bitcoin wallet basics
This short post contains common misconceptions around what is in a wallet, how does a wallet differ from an address and what exactly goes into creating an address. This is…