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What is the function of a Bitcoin miner?

Bitcoin needs to settle trades with 'finality' in order to present a working monetary system without a central mediator. There is no way to go back in time or rerun transactions.

Graduated 2022-04-15 03:22

What is the function of a Bitcoin Full Node?

Full Nodes are vital for carrying out Bitcoin's core functionalities and allowing other people to connect to the network.

Graduated 2022-04-15 03:18

What is the structure of Bitcoin?

How to Create Cryptocurrency?

Graduated 2022-04-15 03:14

How to Make the Most of Crypto Tax Services

With so much talk of prices rising to the moon, it might feel like crypto is a world apart, especially if you've been fortunate enough to watch your stack appreciate in value.

Undergraduate 2022-04-15 03:10

A guide to paying tax on crypto

Please keep in mind that this is not tax advise. For interpretation on how crypto taxation rules may apply to you, consult a trained tax accountant/professional or contact your local tax agencies.

Undergraduate 2022-04-15 03:08

What is the best way to run a node?

There is one use case we haven't gone through yet that is possibly the most important: actively supporting blockchains by hosting a node.

Undergraduate 2022-04-15 03:06

How to use Smart Contracts?

Bitcoin brought decentralization and blockchain technology to the crypto market, but it was still hampered by centralized finance, which became burdened with governance to suit regulatory and investor expectations.

Undergraduate 2022-04-15 03:04

What is the Lightning Network and how do I use it?

Bitcoin is a great store of value for now, but it's slow and expensive to use for everyday transactions, which is where the Lightning Network comes in. Bitcoin users can have their cake and eat it, thanks to the so-called layer two solution.

Undergraduate 2022-04-15 03:00

Your crypto footprint

There is no central authority needed to facilitate and authorise transactions - instead it is the technology itself and its consensus mechanism that reaches agreement on the accuracy of transactions and to provide finality of settlement. 

Undergraduate 2022-04-15 02:55

Getting started with DEFI

In its basic form, Decentralised Finance (Defi), gives you access to a range of financial services, from the simple kind that would easily be provided by your high street bank, to the complex instruments used by Hedge Funds and Investment Bankers; all you need is a browser wallet and vigilance.

Undergraduate 2022-04-15 02:51