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What is the Bitcoin Halving?

As ominous as the event may sound, the Bitcoin halving is actually just the name for a history-making event for the bitcoin (BTC) cryptocurrency.  This month signified the third Bitcoin halving ever! Meaning that the number of bitcoins entering circulation every 10 minutes dropped from 12.5 to 6.25, making it a major milestone.  What’s the theory behind the Bitcoin halving?  The idea is basically that …

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Crypto Myths

The compelling world of cryptocurrencies is full of potential, freedom and unfortunately myths. So, to help any newcomers navigate the field of which crypto myths are based on truth and which have been exaggerated, we welcome you to our “Crypto Myths” series.  “The founder of Bitcoin remains a mystery”  When bitcoin was launched in 2008, the …

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What is a Byzantine Generals Problem?

The Byzantine Generals Problem (BGP) is a term used in computer science and describes a situation where a number of dispersed parties need to coordinate a strategy to avoid failure. At the same time, some of those involved are corrupt and cannot be trusted.  The Byzantine Generals Problem is ideal to discuss consensus on the blockchain as, in a distributed network, all nodes need to make …

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