, July 06, 2022

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  Jun 30, 2022

Global Recession: What is the fate of the crypto market?

- A global recession looms - The crypto market isn’t immune to dips during financial crises - The crypto market will always bounce back, but some coins will be dead forever - DYOR; ensure you are investing in a token with actual utility....

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  Jun 20, 2022

UNSPENT TRANSACTION OUTPUT (UTXO) EXPLAINED

An unspent transaction output (UTXO) is the leftover cryptocurrency in a wallet, following a transaction. So, for example, if you have 10 BTC as your Bitcoin balance, it isn’t just a single unit of 10 BTC but accumulated UTXOs of several leftover balances....

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  Jun 10, 2022

WHAT ARE MINING POOLS?

A mining pool involves the collaboration of hundreds or thousands of interdependent miners running the same mining software (client). Since they have cumulatively invested their resources towards mining, they will stand a better chance of earning mining rewards....

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  Jun 09, 2022

HISTORY OF BITCOIN FORKS

A Bitcoin fork is a new version of bitcoin's open-source software, with an upgrade to its underlying technology... a Bitcoin fork happens when two sets of miners cannot reach a consensus on the blockchain update to follow; hence, the blockchain splits into two versions....

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  Jun 06, 2022

TIPS TO INVESTING IN LIGHTNING NETWORK

...to invest in the lightning network, you must become involved in the network participation of an LN-compatible blockchain by creating a lightning node. A lightning node is a computing unit that interacts with the main blockchain network....

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  Jun 06, 2022

What is Bitcoin Halving?

A block halving is a process that reduces the creation of new bitcoin units. It refers explicitly to the regular halving events and reduces the block rewards granted to miners. Miners lose 50% of their transaction processing incentives with each halving....

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  May 18, 2022

Emirates Airlines to Adopt Bitcoin as Payment Option and Launch NFT Collectibles

In a statement released earlier this week, Emirates, the largest airline in the United Arab Emirates (UAE), has announced that it will accept Bitcoin (BTC) payments and distribute nonfungible tokens (NFTs) for trading on its websites....

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  Mar 28, 2022

WHAT IS THE LIGHTNING NETWORK?

By enabling fast transactions, the Lightning network significantly reduces the fees required by miners to validate transactions. It sets up smart contracts to create an off-chain payment gateway to allow instantaneous transactions....

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