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Official cautionary update from bitcoin.org

Official source of Bitcoin – bitcoin.org, has issued a cautionary update on a potential network disruption with an upcoming split scenario. Here’s the article published on bitcoin.org Chain split Since Bitcoin’s inception, its network has facilitated hundreds of millions of transactions. As a result, different groups of people (developers, investors, Read more…

By Vamshi, ago
Beginner

Bitcoin – That’s all Forks

As many of you might be reading through the panic stories of what’s going to happen to Bitcoin on August 1st 2017. Most common terms you hear on these articles is Soft Fork, Hard Fork, UASF(User Activated Soft Fork), Segwit2x. We, at confusedcoin have decided to help you folks to explain Read more…

By Praneeth Ala, ago
Beginner

What is a Blockchain

Introduction A concept introduced by the mystery person doesn’t necessarily have to be a mystery anymore for everyone who wants to understand what a Blockchain is. With Internet and cloud it’s easier now to access and view information anywhere from the world and even view their sources. Just when I Read more…

By Reshma Reddy, ago
Beginner

What is a Bitcoin

Bitcoin Steve Hordman compares Bitcoin to the game of Monopoly just to make it more understandable. Assume we are a bunch of 5 playing the game of Monopoly in where, one is the banker and all others are going through this one banker to buy and sell houses/hotels, so there Read more…

By Reshma Reddy, ago
Beginner

The Cryptic Chain – Blockchain

Background I want to make some money from investments, but I am a technically ‘market challenged’. Someone tells me invest in Crypto-currency, its gained 200% this year, down the line you are going to be a billionaire, as each coin would cost $10,000 in 2020. That’s a reasonable figure what I Read more…

By Reshma Reddy, ago