Tag: Bitcoin

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Cryptocurrency Technology Advanced

What is Hashrate?

Apa itu Hashrate
Reading Time: 5 minutes If you’re starting to dive deeper into Bitcoin mining, you’ve probably heard the term hash rate a lot. Hashrate is an important component in keeping Bitcoin safe. Hashrate shows how many computations the hash algorithm can process per…
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Bitcoin Cryptocurrency Technology Intermediate

51% Attack on Blockchains Explained: How Does It Work?

51% Attack
Reading Time: 3 minutes Bitcoin is superior to fiat currencies or government-issued currencies because of its blockchain technology. Blockchain is a digital ledger, whose data cannot be changed, ensuring double-spending or transactions using the same bitcoin more than once do…
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Bitcoin Cryptocurrency Technology Intermediate

Is Bitcoin Mining Bad for the Environment?

Mining bitcoin tidak ramah lingkungan
Reading Time: 4 minutesBitcoin’s high energy consumption often sparks debate about the importance of efficiency efforts in the bitcoin mining process. According to data from the Cambridge Center for Alternative Finance (CCAF), Bitcoin currently consumes around 110 Terawatt Hours per…
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Bitcoin Investing Beginner

Institutional Adoption of Bitcoin: A Timeline

Reading Time: 6 minutesOver the past few years, we have seen a significant increase in institutional support for Bitcoin. A lot of big firms such as Microsoft have accepted bitcoin as a method of payment, and some have purchased bitcoin…
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Bitcoin Investing Beginner BTC

Why People Invest in Bitcoin?

Reading Time: 2 minutes Bitcoin has limited supply, making it rare and similar to digital gold Many investors buy and hold Bitcoin because they believe Bitcoin to be a scarce asset like gold, because the total supply of Bitcoin is…
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Cryptocurrency Technology Intermediate

What does Fork mean in Cryptocurrency?

apa itu fork
Reading Time: 3 minutes We run software updates regularly, either on our computers, tablets, or smartphones. Similar to any software we use on our computers, digital currency also needs to be updated. However, in the cryptocurrency world, the updates process…
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Investing Intermediate

What is Stock to Flow?

apa itu stock to flow
Reading Time: 3 minutesStock to Flow is a method to count the abundance of a particular commodity. This method is commonly used for natural resources or commodities such as gold or silver. Stock to Flow will calculate the value of…
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Cryptocurrency Technology Beginner

Understanding How to Store and Transact Bitcoin

Reading Time: 4 minutes What is Bitcoin wallet? Just like a normal wallet where you store your money, Bitcoin Wallet is a tool to store your Bitcoin. To be more technically precise, Bitcoin wallets are essentially software that stores and…
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Bitcoin Investing Beginner

Is Bitcoin a Pyramid Scheme?

Reading Time: 4 minutes Some Bitcoin skeptics claimed that Bitcoin is a Pyramid Scheme because of the gains that Bitcoin investors acquired. In this article, we would like to examine that claim closely. What is a Pyramid Scheme? A pyramid…
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Bitcoin Intermediate BTC

Bitcoin Improvement Proposal: Explanation & How It Works

bitcoin improvement proposal
Reading Time: 4 minutesAs the first decentralized currency, Bitcoin is designed as open-source software. Therefore, the actual Bitcoin program can be updated and changed. Anyone can propose changes or new ideas as long as they are generally agreed upon by…
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Getting Started Bitcoin Beginner BTC

Common Misconceptions about Bitcoin

Bitcoin Bubble
Reading Time: 5 minutes With the increasing popularity of Bitcoin and cryptocurrency, questions and discussions about this new digital asset are getting more and more frequent. In this article, we will talk about the most common misunderstandings about Bitcoin. Time…
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Bitcoin Beginner Uncategorized BTC

Bitcoin Intrinsic Value

Reading Time: 3 minutes What is intrinsic value? Intrinsic value is a way to measure what is the asset is worth based on fundamentals. According on Investopedia definition, “Intrinsic value is the perceived or calculated value of the company, including…
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Investing Beginner

Characteristic of Money and Crypto

Reading Time: 4 minutes Characteristic of money Like what we have discussed in the previous chapter, “The evolution of money from seashell to cryptocurrency”, humans try to find a better form of money from time to time. The best form…
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Investing Beginner

Money Evolution, From Barter to Crypto

Reading Time: 6 minutesWhat is money?Money is something that we use every day. People want it and trade their time for it. But what is money exactly? In short, money is a tool to store value that you can spend…
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Beginner Uncategorized BTC

Bitcoin vs Digital Money

perbedaan mata uang digital dengan bitcoin
Reading Time: 3 minutes What is digital money? Digital money is money stored in a computer. Digital money is not tangible like physical cash or coin. Digital money is purely numbers stored as account balances inside computer databases. Digital money…