Mining pools what they are?

By Lumai Mubanga. [email protected] Due to the potentially higher costs related to the mining of bitcoins, mining pools were born. Just what are they and what are some pros and cons? Before we explain mining pools, let us briefly explain the types of bitcoin miners. Bear in mind that types of miners are different from […]

Is Bitcoin opened to everyone?

By Wirba Brice Divine Ransinyuy. [email protected] Yes, Bitcoin is beginning to take its stands as times goes on. Though it is a new type of digital currency, it is already worldly known by all as in every continent in the world, starting from America to Africa, though some continents have users of bitcoins more than […]

Can cryptocurrency be legal tender?

by Lumai Mubanga Legal tender is usually government-issued and controlled. It is regarded, as a national assert recognized and used as legal tender in other neighbouring countries. Legal tender is also regarded as national pride and a sign of sovereignty. Some more powerful legal tender currencies like the US Dollar are also used as reserve […]

Blockchain technology and Finmail

By Isaac Nzau Cryptocurrency technology has revolutionized the way people conduct business around the world over the last ten years. Blockchain is the technology used in cryptocurrency. Unlike other forms of currency like the dollar and euro, cryptocurrency is a decentralized currency and trade can be done peer to peer without a third party. Other […]

Difference between digital money and virtual money and what they offer

By Wirba Brice Divine Ransinyuy. [email protected] We are living in a time where technology is having a huge impact on our day-to-day life as our entire life is being dominated by digital dealings. This is visible in many aspects of our life. It has brought changes which we cannot deny or refuse to accept as […]

Distributed systems – The foundation of blockchain technology

By Lumai Mubanga. [email protected] There are many current technologies today, whose backbone are distributed systems. We need to understand what distributed systems are to understand blockchain technology. Like many others, blockchain is just a specific type of a distributed system. What are distributed systems and what properties or features do they have that favor the […]

The rise of enterprise blockchain

As Bitcoin and blockchain grew increasingly popular, banks and large corporations noticed the potential applications of this new technology.

What could the blockchain technology and cryptocurrency do for my business and enterprise?

It is a straightforward fact that the blockhain technology and cryptocurrencies could be of great use and magnitude to companies and enterprise, be it small or large scale enterprises.

Would Digital currency lead to an eventual decrease in Bankruptcy?

By Wirba Brice Divine Ransinyuy. [email protected] Editor note: Title has been slightly updated Digital currencies are an amazing form of currency, whether it is made for a local use or an international use, the virtues and the merits that they have are all deserved. Luckily digital currency has come up at the time, the world […]

Proof of work, a “weak” but desired protocol

The proof of work protocol has been in use for some time and notably for good reasons. Despite its deficiencies in terms of delayed transaction processing speeds, proof of work is considered a deliberate design meant to win the trust of network users. How so?