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Tag Archives: btc

Cryptocurrency

Alternative spellings: crypto currency; crypto-currency. Plural: cryptocurrencies. Informal: crypto; cryptos. What is Cryptocurrency? Cryptocurrency is a modern form of digital money. It uses cryptographic techniques to replace the need for a central issuing authority with a network or peers who are able to perform the same functions. The first successful …

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Wallet

The term ‘wallet’ is used in Bitcoin, as well as other cryptocurrencies, for any software which the end-users uses to interact with the Bitcoin network, for example to make a payment or sign a message with their address. The name is an analogy, making the comparison to a physical wallet …

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Faucet

What is a Bitcoin / Cryptocurrency Faucet? A faucet is the name given to any website or app which gives away free coins. There are many bitcoin faucets on the net, as well as many similar service for other coins. The name ‘faucet’ literally means a tap, like the ones …

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Why Digital Currency?

You may have heard that a new type of money has been invented. Perhaps you have heard of Bitcoin, or one of its many alternatives known as ‘alt coins’. But what is it really all about? Why should you trade in your national currency for this new digital money? What …

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