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A bitcoin address or a wallet address is a string that consists of 26-35 alphanumeric characters. It is mainly used to send and receive bitcoins. In short, bitcoin address represents a destination. No one stores bitcoin in a bitcoin address, but bitcoin address is used while receiving bitcoin. But this can be used only once. So what really is a bitcoin address? Are you confused? Don’t worry. This article will provide answers to all your…

A historic judgment was passed by the supreme court of India regarding the Reserve Bank Of India(RBI) ban on cryptocurrency on 4 March 2020. The apex court of the country legalized Bitcoin and another cryptocurrency trading in India. The RBI has banned financial services firms from trading in virtual currencies on April 6, 2018.  Supreme Court Of India Quashed 2018 RBI Order! The supreme court of India has got several petitions regarding this RBI ban.…

As you all know, Bitcoin mining and it’s supply is finite. The network will stop producing the Bitcoin once 21 million coins are produced. That’s why Bitcoin is referred to as “digital gold”. Bitcoin halving is an event that halves the rate at which new Bitcoins are created. It occurs once in every four years. Last time it occurred in 2016. Now it is scheduled for 2020 May. Bitcoin To Become Superior To Gold After…

The “king of cryptocurrency” was formed in 2009 which allows people to buy and sell through a market place known as Bitcoin exchanges. The mining or creation of Bitcoins is very interesting. People compete to mine Bitcoins using computers by solving complex puzzles. The storing place of Bitcoin is known as “ Bitcoin wallets” or “Digital wallets”. This wallet exists either in the cloud or on a user’s computer. Each Bitcoin transaction is recorded in…

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