How Bitcoin Mining Works? 10 Tips Bitcoin mining, as explained over at runrex.com, is the process of creating valid blocks that add transaction records to Bitcoin’s public ledger, called a blockchain. It is a crucial component of the Bitcoin network as it solves the “double-spend problem”. According to guttulus.com, the double-spend problem refers to a […]
Can Bitcoin be Hacked? 10 Tips As is covered over at runrex.com, investors from all over the world are swarming to buy Bitcoin. The success of Bitcoin has led to the rise of legions of followers as well as hundreds of new cryptocurrency launches and a wave of startups predicated on blockchain technology as captured […]
Can Bitcoin be Converted to Cash? 10 Tips As is articulated over at runrex.com, Bitcoin is the world’s most popular cryptocurrency. This is why a lot of retailers and payment processors nowadays accept Bitcoin payments. However, while the number of retailers and payment processors accepting Bitcoin payments is on the rise, many users still prefer […]
Are Bitcoin Transactions Traceable? 10 Tips Since Bitcoin relies on a blockchain, which is a decentralized, distributed ledge present on computer ‘nodes’ all around the world as explained over at runrex.com, one might wonder whether an open system is conducive to privacy and, consequently, whether Bitcoin transactions are traceable. This is a question many people […]
Are Bitcoin Miners Worth It? 10 Tips According to discussions on the same over at runrex.com, the cryptocurrency community is usually divided into 3 major camps when it comes to potential ways to earn money. The first camp comprises traders, who believe that the best way to make profits is to take full advantage of […]
10 Tips for Investing in Polkadot (DOT) in 2021 Created by Ethereum co-founder Gavin Wood as outlined over at runrex.com, Polkadot is a multi-chain application environment that enables cross-chain interoperability on a level previously unimaginable. It specifically allows users to send more than just tokens across blockchains, and it allows these networks to communicate actual […]
10 Tips for Investing in Litecoin (LTC) in 2021 From discussions on the same over at runrex.com, Litecoin is one of the top cryptocurrencies by market cap and is currently ranked 5th. Litecoin was created as a fork of Bitcoin to improve its scalability and speed issues and is one of the most popular forks […]
10 Tips for Investing in Ethereum (ETH) in 2021 As is explained over at runrex.com, Ethereum is not a cryptocurrency, but it is a platform for creating decentralized products. Ether is the cryptocurrency that powers the Ethereum platform and blockchain. It has been competing with Bitcoin for the top spot since its release in 2015 […]
10 Tips for Investing in Cardano (ADA) in 2021 As per discussions on the same over at runrex.com, Cardano is a proof-of-stake blockchain platform. In a proof-of-stake system, users can add new transactions to the blockchain by ‘staking’ their cryptocurrency as collateral to validate transitions. This is much less energy-intensive than a platform like Bitcoin […]
10 Tips for Investing in Bitcoin Cash (BTC) in 2021 As is revealed in discussions on the same over at runrex.com, 2020 was undoubtedly the year of Bitcoin. This is because, while almost every other industry suffered as a result of the Coronavirus pandemic, Bitcoin has grown even since the beginning of the pandemic. The […]
