Should You Really Cryptocurrency Explained

Bitcoin Q&A: What are “bitcoin days destroyed”?

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Bitcoin Q&A: What are “bitcoin days destroyed”?

Bitcoin Q&A: What are “bitcoin days destroyed”?

On “bitcoin days destroyed,” Grinners asks, “Bitcoin days destroyed is calculated by taking… the number of bitcoins multiplied by the number of days since those coins were last spent.”‘ “What is the significance of this? What does this actually tell us?” It gives us an idea of the maturity of coins, how often coins are […]

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Bitcoin Q&A: What will Bitcoin Core 1.0 look like?

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Bitcoin Q&A: What will Bitcoin Core 1.0 look like?

Bitcoin Q&A: What will Bitcoin Core 1.0 look like?

“What would Bitcoin Core 1.0 look like? I believe Satoshi first ran bitcoind 0.1.” “With all of the years [behind it] so far, any ideas about what Bitcoin Core 1.0 could possibly look like?” Right now, we are at version 0.17. I don’t know of any plans to move from the sub-version numbering to 1.0 […]

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Bitcoin Q&A: From barter to abstract money

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Bitcoin Q&A: From barter to abstract money

Bitcoin Q&A: From barter to abstract money

[AUDIENCE] I have a two-part question. Both are related to social norms. Before digital currency and before centrally control currencies, people [would] barter, still even today. I see that Bitcoin will perhaps promote more of that barter of services, in exchange for bitcoin. That is one question: is this really nothing but to promote more […]

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Bitcoin Q&A: How do payment channels work?

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Bitcoin Q&A: How do payment channels work?

Bitcoin Q&A: How do payment channels work?

“Can you explain the Lightning Network and how payment channels with ‘locked’ funds work?” Yes. Let’s start with payment channels. Payment channels are [opened from]… transactions on the Bitcoin network that lock funds in a 2-of-2 multi-signature address. If I have a payment channel with Alice, that has [bitcoin] locked [in a multi-sig with one […]

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Bitcoin Q&A: What will Bitcoin Core 1.0 look like?

and

Bitcoin Q&A: What will Bitcoin Core 1.0 look like?

“What would Bitcoin Core 1.0 look like? I believe Satoshi first ran bitcoind 0.1.” “With all of the years [behind it] so far, any ideas about what Bitcoin Core 1.0 could possibly look like?” Right now, we are at version 0.17. I don’t know of any plans to move from the sub-version numbering to 1.0 […]

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Bitcoin Q&A: Full node and home network security

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Bitcoin Q&A: Full node and home network security

Bitcoin Q&A: Full node and home network security

“Does running a Bitcoin full node and / or a Lightning node at home attract hackers to my IP address… and home network. Also, could it reveal my ownership of bitcoin and attract physical attacks?” “Are pre-configured full node starter kits safe to use for non-technical people, or is this against the point of running […]

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Currency as a Language – DogeCon 2014

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Currency as a Language – DogeCon 2014

Currency as a Language – DogeCon 2014

[ORGANISER] Andreas Antonopoulos! [Applause] [ANDREAS] It is such a huge pleasure to be here today. This is such a great community. Everyone here welcomed me with such warmth and open arms, so thank you! Thank you so much for having me here tonight. I would like to talk about a couple important issues [regarding] regulatory […]

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Bitcoin Q&A: How to encourage adoption

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Bitcoin Q&A: How to encourage adoption

Bitcoin Q&A: How to encourage adoption

[AUDIENCE] How do you expect the culture to change as Bitcoin becomes more widely adopted? [ANDREAS] Fantastic question. How do I expect the culture to change… There is a video clip of “Good Morning America” from the late ’80s or early ’90s, one of these silly TV shows [with] all of these people sitting on […]

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How to buy Bitcoin with Trezor: Entering amount in BTC

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How to buy Bitcoin with Trezor: Entering amount in BTC

How to buy Bitcoin with Trezor: Entering amount in BTC

The Buy crypto feature lets you buy the cryptocurrency you wantfrom the Trezor Wallet interface.Navigate to the Buy tap and enter the amount of crypto that you want to buy.You’ll see the offers from our partner exchanges below.Choose the offer you want and click Continue.You will see that the receiving address for your selected accountis […]

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