Since its launch, in past one decade bitcoin has become one of the most important phenomenon in the digital world. Its price has touched thousands of dollars. However, the price keeps fluctuating and it

Just like you save your money in your online bank accounts, your bitcoins are saved in bitcoin wallet. It’s a highly secure storage wallet. But, if you lose it, your bitcoins are lost forever. It’s also

When the FBI shut down the operations of the Silk Road, it also seized the owner’s assets. In that process, the FBI also became one of the world’s wealthiest bitcoin owners, A report from the Wired magazine

Transaction of bitcoin, a preferred currency involved in the transaction of illegal goods, can not be reversed. Unlike popular platforms like PayPal, you don’t get second chances while making a transaction.

In 2016, Genesis Mining, a bitcoin cloud mining provider, set bitcoin to space. This was done using a 3D bitcoin model and a bitcoin paper wallet, which were tied to a weather balloon. The whole journey

According to the experts, Bitcoin networks has a computing power of 2,046,364 Pflop/s. This is my personal favorite fact about bitcoin. If you go ahead and combine the computing power of the 500 most powerful

After the first bitcoin transaction took place between Satoshi and Hal Finney in 2009, the first recorded purchase was made for buying pizza worth $25. To do so, 10,000 bitcoins were spent.

Bitcoin addresses are a long string of 34 alphanumeric characters. Using that address, it’s impossible to tell the recipient. Probably, this is the reason why most of the illegal transactions are carried

Bitcoins are limited in number You might’ve heard about bitcoin mining, the process using which bitcoins are generated digitally. So, does this mean there could be an infinite number of bitcoins? That’s

Bitcoin creator, Satoshi Nakamoto, is still a mystery figure Satoshi Nakamoto is the name used by the person who designed bitcoin but there’s still doubt about the real identity. Over the years, many people