Entries by finmail

Likely inconsistencies of decentralized systems

By Lumai Mubanga. [email protected] Almost all decentralized systems have some operational weakness. These weaknesses may result in serious inconsistences that may render the whole system difficult to manage as well as inabilities to censor malicious users. Like any other commercial or financial systems, decentralized systems are not immune to human abuse and misuse. Let’s discuss […]

Email ID: How to Create and Manage Your Email Address

In today’s digital age, having an email ID is crucial for personal and professional communication. Whether you’re applying for a job, signing up for a social media account, or receiving important updates from your favorite online store, having a reliable email address is essential. In this article, we will guide you on creating and managing your email ID effectively.

Validating transactions in crypto space

By Lumai Mubanga. [email protected] The absence of a central control master in cryptocurrencies creates the question of who validates transactions when making or receiving payments. This article explains how Bitcoin transactions and other cryptocurrencies are validated. Let us begin with the traditional banking transaction scenario. The client’s fund is aggregated into one count. When a […]

Bitcoin mining, what are the costs?

By Lumai Mubanga. [email protected] Like any other business venture, bitcoin mining is an expensive enterprise. Unlike some exaggerate low cost projections some sections portray regarding this venture; you need to understand the operational costs of mining bitcoins. Whether you prefer to do it at home with an ASIC hardware or joining the mining pool, you […]

Types of Bitcoin users

By Lumai Mubanga. [email protected] There are different conception regarding the use, mining and ownership of bitcoins just as there are different ideas of bitcoin users. This article will discuss the types of general bitcoin users be it millennials or old folks, and the type of services attached to each type. It is noteworthy to state […]