In the article "The Difference Between Bitcoin Cold and Hot Wallets" from the BitDemy website, we discuss the definitions of these types of wallets, their differences, and the pros and cons of each. Understanding Hot Wallets Hot wallets, which are...
The 51% attack stands out among other blockchain security vulnerabilities in the Web3 landscape. It is an exploit that undermines the core principle of decentralization in blockchain and allows hackers to ...
In the article Scalability of Cryptocurrencies and Blockchain, we take an in-depth look at promising blockchain developments that may enable near-instantaneous transaction speeds in cryptocurrencies. Key points: Blockchain scalability refers to the network's ability to...
Bitcoin wallet address types consist of alphabetic characters and are essential for making transactions. Understanding their components is essential for secure and accurate transfers. This article will explain the different types of address formats for Bitcoin and how to interpret them correctly...
Understanding wallet addresses, public keys, and private keys is crucial to understanding how cryptocurrencies work, so in this article from the BitDemy website, we will discuss the difference between private and public key cryptocurrency addresses. General points...
In the article "Bitcoin Mining from Zero to One Hundred" on the Bitdemy website, an attempt has been made to compile a complete guide to Bitcoin mining. What is Bitcoin Mining? Bitcoin mining is the process by which new Bitcoins are added to the ...
In this article from the Bitdemy website, we will define a full node for cryptocurrencies and teach you how to run a Bitcoin node. What is a full node? A full node is a program that fully verifies transactions and blocks.
An article from the Bitdemy website about the Bitcoin Lightning Network (a layer 2 technology) that makes Bitcoin payments faster and cheaper. Definition of the Bitcoin Lightning Network; The Lightning Network allows users to transfer transactions from the blockchain to the...
In the article "Things to know about Cryptocurrencies" from Bitdemy, you will read interesting facts about Bitcoin, blockchain, and other digital currencies that you probably didn't know before. Proof of Work Algorithm ...
If you have read our previous article about Bitcoin or any other article about Bitcoin, you know that the names Bitcoin and blockchain are intertwined. In the article Everything About Blockchain, we want to learn more...
If you have been following the articles published in the field of technology and investment, you must have come across the name Bitcoin. In the article Everything About Bitcoin from the Bitdemy website, it is stated that: Bitcoin...