Blocks
BITCOIN Share on Articles | Blocks | Bitcon Big Blocks Big blocks on Bitcoin refer to increasing the maximum block size limit to allow for more transactions to be processed per block. Currently, the maximum block size limit on the Bitcoin network is 1 MB, which means that each block can only contain a limited number of […]
Scaling
BITCOIN Share on Articles | Scaling | Bitcon Why it matters Scaling is a critical issue for Bitcoin because it determines how many transactions the network can handle at any given time. As Bitcoin becomes more popular and more people use it, the demand for transactions on the network has increased. If the network cannot handle this […]
Micropayments
BITCOIN Share on Articles | Micropayments | Bitcon What are they? Micropayments refer to small financial transactions, typically of less than a few dollars, that are conducted electronically. They are often used to facilitate online transactions, such as the purchase of digital content or services. Micropayments can also be used to enable new types of […]
DR. Craig Wright
BITCOIN Share on Articles | Micropayments | Bitcon Craig Wright is a major proponent of Bitcoin SV (BSV), a cryptocurrency that is based on a fork of the original Bitcoin protocol. Wright’s goals for BSV are somewhat controversial and have been criticized by many members of the cryptocurrency community. One of Wright’s main goals for […]
Bitcoin Satoshi Vision
BITCOIN Share on Articles | Bitcoin Satoshi Vision | Bitcon Bitcoin Satoshi Vision (BSV) is a cryptocurrency that was created in November 2018 as a result of a hard fork of the Bitcoin Cash blockchain. It was initiated by Craig Wright, an Australian computer scientist who claimed to be the creator of Bitcoin, and a […]
Bitcoin Cash
BITCOIN Share on Articles | Bitcoin Cash | Bitcon Bitcoin Cash (BCH) is a cryptocurrency that was created in August 2017 as a result of a hard fork of the original Bitcoin blockchain. It was created by a group of developers and users who wanted to increase the block size limit of the Bitcoin network […]
Bitcoin core
BITCOIN Share on Articles | Bitcoin Core | Bitcon Bitcoin Core is the reference implementation of the Bitcoin protocol. It is an open-source software project that serves as the main node software for the Bitcoin network and is responsible for maintaining the blockchain, validating transactions, and enforcing the consensus rules of the network. Bitcoin Core […]
Bitcoin civil war
BITCOIN Share on Articles | Micropayments | Bitcon The “civil war” in Bitcoin refers to a contentious debate within the Bitcoin community about how best to scale the network to accommodate more transactions. The debate centers around the issue of block size – that is, how large each block in the blockchain should be. A group of developers advocated […]
History
BITCOIN Share on Articles | History | Bitcon 2008 October: Satoshi Nakamoto publishes the Bitcoin whitepaper, outlining the concept of a decentralized, peer-to-peer electronic cash system. 2009 January: The Bitcoin network is launched with the release of the first Bitcoin software client. January: The first block, known as the “genesis block,” is mined. July: The […]