MichDon
MichDon

MichDon

Crypto-enthousiast dad with an aim to try to inform readers of new and interesting projects, upgrades and updates to projects and of course any news of interest on the Crypto spectrum.


Bitcoin (BTC) Mempool: How does the queue for BTC transactions work?

12 Apr 2020 3 minute read 5 comments MichDon

A bitcoin transaction is not immediately processed when you send it. Before processing sent bitcoin, they are first put in a queue: the bitcoin mempool (short for Memory Pool). The mempool is a kind of queue that every full node keeps for itself. Whe...

What do banks do with your money? This is why we need to embrace Bitcoin (BTC)

8 Apr 2020 5 minute read 12 comments MichDon

What can banks do with your money? You would say that money is money and just remains yours when you deposit it in the bank. However, the answer is a lot more nuanced. Bitcoin or the banks Thanks to bitcoin (BTC), and to a lesser extent other crypto...

What happens to miners when all Bitcoin (BTC) is in circulation?

6 Apr 2020 4 minute read 0 comments MichDon

In the year 2140, the last bit of "new" bitcoin enters the market. From then on, all bitcoin that will ever exist is in circulation. If it gets that far, what about the miners? Can they still do their work? Bitcoin and gold Bitcoin shares some of its...

Give Bitcoin (BTC) as a surprise gift? With Flitz you can send Lightning gift cards

5 Apr 2020 2 minute read 1 comment MichDon

You can already find detailed explanation about the Bitcoin Lightning Network on Publish0x. There are many fun things to do with these lightning fast and cheap payments. Someone has developed a website with which you can give someone satoshis in the...

Do atomic swaps make Bitcoin (BTC) exchanges redundant?

4 Apr 2020 5 minute read 0 comments MichDon

The majority of bitcoin (BTC) trading takes place on centrally controlled exchanges. This also applies to trading in other crypto coins. However, there is also another option: atomic swaps. This allows you to keep money under your own management and...

Origin Protocol $OGN donates 100% of all proceeds from the ‘Stay At Home’ Shop to stop Corona

4 Apr 2020 1 minute read 4 comments MichDon

An amazing gesture from the team at Origin Protocol. They are leveraging their blockchain-powered commerce solution to help fight Corona and are donating all proceeds from the ‘Stay At Home’ Shop to The Coalition for Epidemic Preparedness Innovations...

Bitcoin (BTC) is invincible by network effect

4 Apr 2020 4 minute read 0 comments MichDon

The downside of a good idea that quickly generates value is that there will always be people who want to take advantage of it. There will always be charlatans and other bad guys out there who want to get richer at all costs and everyone. Unfortunatel...

Bitcoin (BTC) before, during and after a financial crisis

3 Apr 2020 4 minute read 0 comments MichDon

The world is in a great crisis. A health crisis, a financial crisis, an identity crisis and a climate crisis. In the midst of all these crises, society continues to do as well and as badly as it can. But what are the consequences of this situation fo...

4 Bitcoin (BTC) tips to spend your time at home

25 Mar 2020 3 minute read 1 comment MichDon

A large part of the world is currently mainly at home. Companies are closed, people are obliged to work at home and (events) are canceled. What do you do to pass the time? Time to give some tips to get through the days. Don't have a budget and still...

Discord crypto raindrops - passive income

22 Mar 2020 5 minute read 2 comments MichDon

My aim is to try to inform readers of new and interesting projects, upgrades and updates to projects and of course any news of interest on the Crypto spectrum. Today I would like to give my view on some of the Discord crypto raindrop channels that ar...