What is the Blockchain?

November 13, 2018

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In 100 years there is a possibility that some experts will declare that the blockchain was one of the major technological breakthroughs of the previous century. The applications that a blockchain can support are growing by the day it seems, yet most people have no idea about what the blockchain is or how it works. […]

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What is Ether? Fuel of the Ethereum Network

November 13, 2018

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Many people make a common mistake when it comes to the Ether cryptocurrency. They identify it as Ethereum. This is the platform upon which it is based, not the token itself. The token is called Ether, and it functions as a type of gas or fuel that powers applications and functions on the Ethereum blockchain. […]

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How Does Cloud Mining Bitcoin Work?

November 11, 2018

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Mining Bitcoin is the manner in which new Bitcoin are created. There were many people in the early days of Bitcoin that mined Bitcoin by solving mathematical problems on the blockchain. The reward for solving the problems was Bitcoin. It would be fair to say that some of these early miners made quite a sum […]

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What Is A Distributed Ledger?

November 11, 2018

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The concept of a distributed ledger is fundamental to a blockchain and how it works. The databases allow for consensus operations and sharing among the users on a network. Transactions in a distributed ledger are verified by a witness process. This makes any effort to alter transactions or hack data much more difficult. Anyone that […]

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How Do Bitcoin Transactions Work?

November 8, 2018

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You should know that it is very possible to begin using Bitcoin without an understanding of the technical details. All that you really need to do is create a crypto wallet using one of the various methods. The wallet will then generate a set of addresses for you that is used to make Bitcoin transactions. […]

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Difference Between Bitcoin & Litecoin

November 7, 2018

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Bitcoin remains the world’s most popular cryptocurrency. Its introduction in 2009 only served to spawn other digital tokens like Ethereum. Many will point to one single token as the silver to Bitcoin’s gold. That token is Litecoin. The stated intention of the developers of Litecoin is that their token will function as a complement to […]

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What is Ethereum?

November 6, 2018

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Some would argue that the only truly successful challenger to Bitcoin is Ethereum. Developed by Vitalik Buterin, Gavin Wood, and Joseph Lubin, this cryptocurrency platform has seen a meteoric rise since it was officially introduced in 2015. In just three short years Ethereum has enabled massive improvements to blockchain technology through innovative concepts like Smart […]

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How To Make A Paper Bitcoin Wallet

November 5, 2018

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There is no reason for you to be intimidated by Bitcoin. It is easy to obtain and easy to use. Cryptoswede is going to teach you how to make a paper Bitcoin wallet in just a few easy steps. Once you have your wallet made you are ready to send and receive Bitcoin. Paper Bitcoin […]

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How To Accept Bitcoin Payments For Your Store

November 5, 2018

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Bitcoin is constantly becoming more mainstream. It has genuinely become an accepted means of exchange and is now permitted as a form of payment by both online and offline retailers. Perhaps you have a store and want to learn about Bitcoin POS systems. There are many to choose from, and implementing them into your e-commerce […]

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What Can A Blockchain Do?

November 5, 2018

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The financial sector has not automatically embraced Bitcoin and other cryptocurrencies as a means of exchange. Why would they? The use of digital currency poses a direct challenge to the very thing that makes banks and wealthy investors rich. At the same time, it is becoming increasingly hard for financial institutions to look past the […]

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