As with any money, the safe storage of your cryptocurrencies is a must. In another article, we introduced you to the concept of cryptocurrency wallets — which are typically mobile or desktop applications used to store your coins — but today we'll walk you through a specific kind of cryptocurrency wallet… the cold wallet!
Mining is the process by which new Bitcoins are generated, but it's also an integral part of how the Bitcoin network processes transactions. You might be surprised to know that anyone can mine Bitcoin, support the network, and claim the rewards for doing so — all it takes is some clever software! In this guide, we'll walk you through the basics of Bitcoin mining software, including how it works and how you can get started with mining Bitcoin on your desktop or other hardware devices.
If you've heard all the talk about how cryptocurrencies and blockchain are changing the world, you may be wondering how you can actually use these cryptocurrencies. Unfortunately, the cryptocurrency space can be quite daunting for newcomers, what with its novel technology. In this guide, we hope to demystify the usage of cryptocurrencies by getting you started with the three most popular examples: Bitcoin, XRP, and Ethereum.
There are thousands of cryptocurrencies out there and each one is slightly different. Whether it's the technology, the team, or something as mundane as the branding, each cryptocurrency has its own upsides and downsides. So, how can you possibly compare multiple cryptocurrencies? In this guide to comparing cryptocurrencies, we'll lay out a simple framework to help you find the best coins for your criteria using our research platform Coinpaprika - but first, what are those criteria?
If you were to send one Bitcoin right now, the recipient would only receive 0.99996 of a Bitcoin. This is due to the small fees associated with Bitcoin transactions, which also apply to the transactions of many other, decentralized currencies. What we really want to know is where do these fees come from, who gets them, and how much are they?
Everyone loves free stuff, and free cryptocurrency is no exception… but how can you get your hands on free cryptocurrency? Thankfully, there are hundreds of ways to do so - some of them require no time or investment, while others require both. In this article, we'll walk you through a handful of different ways to obtain cryptocurrency for free, whatever that takes!
The circulating supply of Bitcoin is currently around 17 million coins, according to our crypto research platform Coinpaprika, but its maximum supply is exactly 21 million coins. Mining is the process by which new Bitcoins are generated, and the same process that will create those four or so million extra coins over the next few decades. However, that's just one side of Bitcoin mining. It's also an integral part of how the Bitcoin network processes transactions, so it's worth knowing what mining is, how it works, and whether you should get involved; we'll answer all of those questions and more in this article.
One of the most common questions we get asked about Bitcoin is "How much is it worth?" At first glance, this is a simple question, since you can find the current and past prices of Bitcoin - along with a whole host of other cryptocurrencies - at our price tracking website CoinPaprika.com. However, over the last decade, the price of Bitcoin has constantly bounced up and down (but mostly up), without finding a single value to hold onto, which begs the question: how much is Bitcoin really worth?
Bitcoin is sometimes labeled as a store of value or investment, but its original goal was to serve as a peer-to-peer digital currency. As with any other digital currency, it's important to know just how long it takes to transfer Bitcoin before you start using it. Some say it takes minutes, others say it takes hours or days, but how long does a Bitcoin transaction really take? In this article, we'll give you the real answer with a quick look at how blockchain technology works.
Cryptocurrency wallets are mobile and desktop applications that can be used to store your cryptocurrencies. Since your coins are entirely digital, the storage of cryptocurrencies might be a little different from what you're used to, so we've prepared an introduction to wallets that will teach you all about how they work and how you can use one.