8 Beginner Bitcoin Questions Answered
I asked some friends who were Bitcoin noobies what they wanted to know about Bitcoin, and was ready with some answers. Here’s what we came up with. Common Questions about Bitcoin, Answered How does mining work? Mining is a key component of the Bitcoin system. It helps secure the network, is integral to the issuance of new coins, and in a sense ties everything together. But how does it work? Well, it’s slightly complicated, so I’ll try to explain it in a condensed way that is simple but not “too simple”, so you hopefully get the gist of it: On average every....
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How does your bitcoin knowledge rank? Here are Twenty Test Questions to evaluate yourself. This is the first part of a three-part series that will test your knowledge of bitcoin greatness. This quiz will provide you a general measuring stick to gauge where you fit in the range of bitcoin knowledge. We trust you will take this quiz with the "honor code". This means that if you don't know the answer, you can honorably feel free to look up the answers anywhere on the web. While you are there, scroll up and down a page to see what other information you can gain by accident. Once you are done....
India’s Finance Minister Nirmala Sitharaman has answered some questions regarding cryptocurrency in Rajya Sabha, the upper house of India’s parliament. The questions include measures the government plans to impose on the crypto industry. Finance Minister Nirmala Sitharaman Answers Crypto Questions in Parliament The Indian finance minister answered four questions Tuesday in Rajya Sabha regarding the “trading in cryptocurrency,” including measures outlined in the crypto bill. Minister Sushil Kumar Modi asked the minister of finance whether “a ban was imposed on....
What is an NFT? Why invest in them? What do NFT"s have to do with crypto? All of these questions and more answered.
Technical Operations Coordinator at Brave, Chris Nguyen, hosted a Reddit AMA in which he answered questions from the community. Although he stated that he was happy to discuss all topics, including details of his personal life, the most upvoted questions were about the future direction of Brave. For example, one user asked Nguyen to explain […]
A simple reminder that New York State Department of Financial Services Superintendent Benjamin Lawsky has begun to answer questions on social sharing website Reddit.com. The AMA (ask-me-anything), which is taking place here, is expected to focus on Lawsky's work to regulate bitcoin and bitcoin businesses in the State of New York. As of this writing, Lawsky has only answered one question, but with over 100 comments on the thread piled up already, he's got a long way to go. Check it out for yourself. Who knows, you may even have your question answered.