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Cryptopedia

19 January 2019
  • Basics
    1 year ago

    Public vs Private Blockchains

    Similarities Both are decentralized peer-to-peer networks, where each participant maintains a replica of a shared ledger of digitally-signed transactions. And each maintains coordinated replicas through a protocol called consensus. Both …

  • Basics
    1 year ago

    Blockchains vs Centralized Databases

    Blockchains are simply a new type of database. But there are a few main differences between blockchains and centralized databases that are important to understand. Differences and similarities among blockchains …

  • Basics
    1 year ago

    What is a 51% Attack?

    Bitcoin is secured by having all miners who are processing transactions on a network agree to a shared record called the blockchain. A 51% attack is an attack that is …

  • Basics
    1 year ago

    The Caesar Cipher for Encrypting Messages

    The Caesar Cipher which is also known as a shift cipher, is a form of message encrypting known to be one of the oldest and simplest. This substitution type cipher …

  • Basics
    1 year ago

    How do Bitcoin Transactions work?

    Bitcoins are elusive and understanding how bitcoin transactions function is an important key to dealing with and spending the currency. Electronic bitcoin wallets hold the currency after being digitally signed …

  • Mining
    1 year ago

    Is Bitcoin Mining Profitable in 2017?

    The early days of Bitcoin mining, beginning in 2009, have been described as a gold rush, when Satoshi Nakomoto’s invention of a “a peer-to-peer electronic cash system,” opened up an …

  • Basics
    1 year ago

    Bitcoin Mining 101

    Bitcoin is a difficult endeavor if you are seeking to make a profit, so it is best to get prepared with the best background information, software, hardware, and mining pools …

  • Basics
    1 year ago

    Proof of Work Defined

    Bitcoin uses the hash proof of work system to generate blocks that bitcoin miners must tackle. The resulting proof of work is a piece of data which is difficult to …

  • Basics
    1 year ago

    What is Bitcoin Mining?

    With traditional currency, the government decides when to print money. But with bitcoin, there is no central government and currency must be created through a process called mining. Its name …

  • Basics
    1 year ago

    Bitcoin Hash Rates Explained

    Hash rates are an important factor for miners to use to determine profits. Here is a primer to help understand how they work. Hash rate basics Hashing is a transformational …

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