Category: Making Money

How Bitcoin Works in 5 Minutes (Technical)

At a very basic level, Bitcoin is just a digital file or ledger that contains names and balances, and people exchange money by changing this file. When Bob sells Carol a lawnmower for 5.2 Bitcoins, Bob’s balance goes up by…

How does a blockchain work – Simply Explained

Blockchain technology is incredibly popular nowadays. But what is a blockchain? How does it work, what problems are it solved and how can it be used? As the name indicates, a blockchain is a chain of blocks that contains information.…