bitcoin guide

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Bitcoin (BTC) vs Bitcoin Cash (BCH) - Who is the real Bitcoin? # Part3

4 Mar 2020 1 minute read 3 comments Roberto D.

Today I want to talk to you about a very important aspect to decide which of the two coins between BTC and BCH is the real bitcoin. We will talk about the longest blockchain with the greatest proof of work First of all, an exclusive curiosity. Everyo...

Bitcoin (BTC) vs Bitcoin Cash (BCH) - Who is the real Bitcoin? # Part2

3 Mar 2020 2 minute read 2 comments Roberto D.

Today I would like to talk to you about an extremely controversial concept, the bitcoin node. Let's start this time from what the two opposing factions say about bitcoin nodes. What does Bitcoin Core (BTC) says about nodes? BTC developers and support...

Bitcoin (BTC) vs Bitcoin Cash (BCH) - Who is the real Bitcoin? # Part1

1 Mar 2020 2 minute read 0 comments Roberto D.

In this article we will analyze the Whitepaper written by Satoshi in 2008 and we will see which coin between BTC and BCH is respecting the wishes of and which is not. The end result will give us the definitive answer to the question "Who is the real...

Bitcoin Guide - Security and the importance of confirmations #Part9

26 Feb 2020 2 minute read 1 comment Roberto D.

Security and the importance of confirmations We have seen that mining pools partially reintroduce the security issue at the bottom of the chain. Remember though, even if there are mining pools, the further the block is away from the queue, the more l...

Bitcoin Guide - Proof of work and the generation of new BTC #Part8

25 Feb 2020 2 minute read 0 comments Roberto D.

Proof of work and the generation of new BTC Nothing we have described so far requires trusting anyone. In fact, when we receive information on the Blockchain, we can check ourselves that this information is correct.And since the mathematical problems...

Bitcoin Guide - Possible attacks at the end of the chain (Blockchain) #Part7

24 Feb 2020 3 minute read 0 comments Roberto D.

Possible attacks at the end of the chain (Blockchain) The fact that for minutes there may be ambiguity at the end of the chain has implications for transaction security. For example, if one of your transactions is part of one of the shorter branches,...

Bitcoin Guide - The BlockChain #Part6

23 Feb 2020 2 minute read 0 comments Roberto D.

The Blockchain The system that was invented to order Bitcoin transactions groups transactions into "blocks" and connects them together in the Blockchain. Blockchain is different from the transaction chain that we have shown previously.The Blockchain...

Bitcoin Guide - How to generate a Bitcoin address #Part5

22 Feb 2020 2 minute read 0 comments Roberto D.

How to generate a Bitcoin address Generating a Bitcoin address, or a public key, is completely anonymous and can also be done without connecting to the network. The software wallets now allow the generation of an address simply by clicking a button t...

Bitcoin Guide - Beware of losing Bitcoins #Part4

21 Feb 2020 1 minute read 0 comments Roberto D.

The software that we use to keep our Bitcoins (wallet) obviously masks all the complexities related to transactions, but it is important to remember to keep the private key secret and to have it recognized in case there was the need to recover your w...

Bitcoin Guide - How a Bitcoin transaction occurs #Part3

20 Feb 2020 3 minute read 0 comments Roberto D.

How a Bitcoin transaction occurs So far we have explored how digital signature allows authorizing transactions, but let's see how the nodes keep track of the balance of the accounts linked to each individual. And here comes the fun part, in reality t...