Category: Tutorial

Blockchain 101: Episode 17 – Why are Bitcoin transactions charged by bytes?

Our banks usually charge a fee based on a percentage of the transaction amount we are sending. For example, 0.5% […]

Blockchain 101: Episode 16 – What’s the fee for Bitcoin transactions?

Bitcoin transaction fees give Bitcoin miners an incentive to include transactions into their blocks and provide sufficient hashing power, securing […]

Blockchain 101: Episode 15 – How do Bitcoin transactions work

We all have individual bank accounts, facilitating the transfer of money between individuals. Similarly, a Bitcoin transaction is the transfer […]

Blockchain 101: Episode 14: How do countries around the world perceive digital assets?

On a global scale, countries are divided in their stance towards blockchain and cryptocurrencies, but in general, governments are still […]

Blockchain 101: Episode 13 – How is Bitcoin different from QQ Coin?

Bitcoin is a decentralized digital asset, not controlled by any single entity. Q Coin is issued by Tencent. It is […]

Blockchain 101: Episode 12 – How does Bitcoin control its supply

Bitcoin is a virtual currency designed for deflation, with total supply cap of 21 million. Why? When designing Bitcoin, Satoshi […]

Blockchain 101: Episode 11 – Why haven’t we finished mining Bitcoins

For sustainability, the Bitcoin network adjusts its mining difficulty. Every 10 minutes, miners compete to solve a complex math problem […]

Blockchain 101: Episode 10 – The Bitcoin Faucet

Bitcoin was cheap and very easy to acquire in the first few years of its inception. At the end of […]

Blockchain 101: Episode 09 – Nakamoto’s successor Gavin Andresen

Gavin Andresen is Bitcoin’s core development team member and one of the few whom Nakamoto emailed prior to his disappearance. […]

Blockchain 101: Episode 08 – 2 Pizzas $100 Million

On May 22nd, 2010, Laszlo Hanyecz, U.S. programmer and Bitcoin fan, tried using Bitcoins to exchange for goods. He mentioned […]