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A First Step Towards Understanding the Bitcoin
Bitcoins. You have heard about them on TV and online, but you know absolutely nothing about them. Do not feel alone. While a portion of the world is making a fortune on them and using them to purchase everything from groceries, to games to houses, many people still […]

E-Tailers Earning Big Profits with Bitcoins

Is Bitcoin Alive? — Overstock says YES!
Overstock¬†has already surpassed $1 million in total sales since the internet giant started accepting bitcoin.¬†Overstock’s CEO, Patrick Byrne spoke with CoinDesk, the world leader in news on bitcoin and other digital currencies, about its $1 million milestone and the steady growth in bitcoin payments:
“In the first day there […]

Bitcoin Explained — In understandable Terms

Years ago people bartered in order to get the services or goods they needed, which meant that they could only “buy” something if they already had something of equal value to offer. The problem was solved by creating currency, which is a medium of exchange with a specific value. Currency has traditionally been created […]

Bitcoin Mining Made Easy…

For new Bitcoiners the concept of mining can be confusing to wrap your head around. While thoroughly intricate and highly technical, the means and techniques by which this currency is obtained is a very important process to understand. The following should help tone down the technical and having bitcoin mining explained thoroughly will ensure […]

Bitcoin Core — 0.9.0 Version Officially Released

“Bitcoin Core” Officially Released:

The most recent version of the “Bitcoin Core” (aka client) is now officially available. The newly updated 0.9.0 release version renames the client Bitcoin Core and includes a plethora of other tweaks and modifications. This update has been anticipated for quite some time in lieu of the third release candidate […]

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    Bitcoin’s Financial Function and Its Acceptance By Merchants

Bitcoin’s Financial Function and Its Acceptance By Merchants

Digital currency is gaining popularity as an alternative source of currency to pay for goods and services. Thus, the bitcoin has become the standard for digital currency across the world. While it becoming an accepted currency, there is still a lot to learn with regard to what a bitcoin actually is and the underlying […]

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    Getting Started With Cryptocurrency: Acquiring Your First Bitcoins

Getting Started With Cryptocurrency: Acquiring Your First Bitcoins

There’s clearly something very compelling about Bitcoins. What once seemed like little more than a very smart person’s pet project has turned into a worldwide phenomenon, with investment banks and even national governments taking notice of the currency. While it was once fairly difficult, getting started with the currency has become quite easy today, […]

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    Underlying Security Mechanisms for the Bitcoin Distributed Currency

Underlying Security Mechanisms for the Bitcoin Distributed Currency

Even to those who are otherwise technologically savvy, Bitcoin can seem like magic. Despite not relying on any sort of central authority, this distributed currency keeps exact track of countless financial transactions and, when properly secured, is considered by most to be a very safe way of storing wealth. Underneath that apparent magic, though, […]

What are Bitcoins & How Can They Benefit Your Business?

Starting up a business can be difficult as there is much to think about, and one of the most important decisions you will make is what type of payment methods you should accept. It is important when choosing a payment method that you are able to keep your costs low while still providing security […]