One of the challenges facing bitcoin’s adopters around the globe is storage. How exactly are you supposed to keep your bitcoins secure if you plan on keeping a significant amount in one wallet? Well, the answer for most will be a paper wallet. Due to the ingenuity of the cryptographic principles bitcoin was built upon, […]
What is Bitcoin? BTC, short for Bitcoin, is a decentralized virtual currency that was invented by Satoshi Nakamoto. The anonymous inventor or group published a white paper in 2008 as a proof of concept, then released it as open-source prototype software in 2009. Bitcoin uses peer-to-peer technology to operate without a central authority or banking […]
How to store your bitcoins? This article is going to discuss the many ways of storing your bitcoin. There are many ways of bitcoin storage and many different types of wallet software. Storing bitcoins does not involve storage of actual bitcoins per se, but involves the safe storage of the private key to the wallet […]