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