What is Blockchain Technology?

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"The practical consequence for the first time, a way for one Internet user to transfer a unique piece of digital property to another...

Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution

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Have you heard of the Bitcoin Lightning Network? It is a proposal that claims that: “using a network of these micropayment channels, Bitcoin can scale to...

Why Use a Blockchain?

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As the implications of the invention of have become understood, a certain hype has sprung up around blockchain technology. This is, perhaps, because it is...

Bitcoin Cash Upgrade Milestone Complete: 32MB and New Features

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The Bitcoin Cash network has officially upgraded the blockchain protocol at approximately 1:54 EDT by extending the current block size fourfold from 8MB to...

Ethereum After the Merge: What Comes Next?

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At the Ethereum Community Conference in Paris, the Ethereum blockchain’s co-founder, Vitalik Buterin, shared what he expects for Ethereum in a post-Merge era. Buterin closed the...

A Beginner’s Guide To Bitcoin & Blockchain Technology

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Interested in knowing about BITCOIN? Then you are at right place, Bitcoinfy.net provides vivid information about Cryptocurrencies and Bitcoin in detail. ARE YOU A BEGINNER? Bitcoinfy.net vindicates brief...

How to Set Up a Bitcoin Miner?

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There are three main categories of bitcoin mining hardware, each more expensive and more powerful than the last. This guide to setting up a...

What is the Difference Between a Blockchain and a Database?

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As stated in our guide "What is Blockchain Technology?", the difference between a traditional database and a blockchain begins with architecture, or how the technologies...

What Is Blockchain Technology ?

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You may have come across the term blockchain technology before. This most likely would have been in reference to Bitcoin or other cryptocurrency. If...

How Bitcoin Mining Works

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In traditional fiat money systems, governments simply print more money when they need to. But in bitcoin, money isn’t printed at all – it...

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