Better understand what bitcoin is

Bitcoin, the revolutionary cryptocurrency Bitcoin is a popular digital currency which allows its owners to invest, exchange, buy goods and services and sell it.  The Bitcoin system does not require a central authority like a bank or government. It all works online, electronically. The digital currency cannot be physically held as it can’t be printed. […]

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7 mins read

Using Traditional Bitcoin Wallets Poses Privacy Risks

Imagine this: You start accepting Bitcoin as a method of payment for your small business – you think it will be a great way to open yourself to a larger market. At first, you notice a large uptick in the number of clients you’re working with, and many of your current clients begin to pay […]

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4 mins read

BIP-70: A Useful Advancement, Too Early for Widespread Use

BIP-70 (protocol used by BitPay) provides a useful mechanism that can enhance user experience and prevent payment errors. The protocol offers payment improvements by signing each transaction and reducing the complexity of cryptocurrency transactions. BIP-70 provides proof of the identity of the receiver, which significantly reduces the possibility of an erroneous transaction.  Is this too […]

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4 mins read
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