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Ethereum and Transactions as Balances and not UTXO

Bitcoin and Ethereum are both open blockchain systems. The similarities between them are numerous. Ethereum is a direct descendant of Bitcoin. Ethereum was born out of frustration with Bitcoin, primarily stemming from its limited scripting language. This limitation in protocol can lead to convoluted results during the creation of higher level applications. Anyone can use either system; all…

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Pros and Cons of Blockchain

Blockchain is almost always right, and has an incredible number of associated opportunities - from storage, to coding, and far beyond. The most popular and supported example is the Ethereum smart contract, which has revolutionized the coding and cryptocurrency world forever. It showed thousands that crypto isn't just for payments, but for coders and programmers alike.…

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Ledger Nano – Hardware Wallet Review

As one of the lucky winners of the Bitstamp 5-question quiz, we received a Ledger Nano hardware wallet. Hardware wallets are much safer than regular software wallets because you must have the USB/card plugged into your computer to send coins. Ledger wallet took one step further and added a second factor authentication via your phone. Here's a…

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Safely Storing Bitcoin

For a long time people have participated in activities related to the protection of items of value, such as money, fine arts, archaeological findings, jewelry, technology, and documents. We have created various institutions that provide multiple layers of security to our valued possessions, banks for our money, museums for our art and historical objects, and…

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Will Ethereum Classic Fail?

Ethereum classic, if you didn't already know, is a result of the hard-fork that Ethereum conducted July 20, 2016. The hard-fork happened due to issues relating to the DAO hack. Now that there are two chains where Ethereum classic is plagued by the occasional replay attacks and similar issues,but the question is will Ethereum classic survive on its…

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Future of the Blockchain

As with any modern technology, things change- this is especially true with the Bitcoin blockchain. Bitcoin improvement proposals (BIPs) and such can change such aspects of the Bitcoin blockchain, but what are the future plans? What'll happen next? Lightning Network Some people complain about transaction fees and full blocks these days - it's an occurrence that…

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Bitcoin Casinos

Bitcoin Casinos have been rapidly growing every year since they first came into play in 2011. The adoption of Bitcoin as a currency for online casinos has dramatically changed the online casino scene. Today nobody wants to pay excessive fees to play online, players want instant action, great games, the best odds, and a transparent system…

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