Website: https://bitzuma.com
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10 selected articles
Bitcoin Valuation Metrics - Bitzuma
By Rich Apodaca | Updated
October 24th, 2017
Is Bitcoin's exchange rate overvalued or undervalued? Stock market investors have developed a variety of metrics to spot a good deal. Can we do the same with Bitcoin?
Stock Valuation with P/E Ratio
The most commonly-applied stock valuation metric is the price to earnings ratio (P/E ratio). It is computed by dividing a company's price per share by its...
Date: 2017-12-19 17:18:45
How to Spend a Bitcoin Paper Wallet in Three Steps - Bitzuma
How to Spend a Bitcoin Paper Wallet in Three Steps
By Rich Apodaca | Updated
November 29th, 2017
Have you received a Bitcoin paper wallet, possibly as a gift, tip, prize, or through a Kiosk? Are you wondering how to spend the money contained on this paper wallet? Spending funds from a paper wallet is a three-step process that can be done by anyone with a Web browser and an Internet connection....
Date: 2017-12-19 17:18:45
Bitcoin Paper Wallets from Scratch - Bitzuma
Bitcoin paper wallets offer a useful solution to the problem of storing funds for later use. However, the ease with which paper wallets can be generated tends to obscure important technical and security considerations that may only become apparent at a later point. This article introduces paper wallets from the beginning, with an eye toward using them for secure, long-term, offline...
Date: 2017-12-19 17:18:45
Five Ways to Lose Money with Bitcoin Change Addresses ...
A Bitcoin address as a digital "cash envelope".
Like a cash envelope, an address can hold zero or more units of electronic cash. Instead of paper bills, Bitcoin uses the electronic equivalent - "unspent outputs". The balance of any address can be found by summing the value of each unspent output it contains, just like the amount held in a cash envelope can be found by counting the values of all...
Date: 2017-12-19 17:18:45
A Beginner's Guide to the Electrum Bitcoin Wallet - Bitzuma
A Beginner's Guide to the Electrum Bitcoin Wallet
By Rich Apodaca | Updated
November 28th, 2017
Electrum is one of Bitcoin's most popular wallets. It uniquely walks the fine line between beginner usability and expert functionality. This guide introduces Electrum with step-by-step examples highlighting the most important beginner features. No previous experience with either Bitcoin or Electrum is...
Date: 2017-12-19 17:18:45
A Complete Guide to the MultiBit Bitcoin Wallet - Bitzuma
MultiBit is a popular Bitcoin wallet program that aims to combine fast startup times, a simplified feature set, and support for multiple languages.
Note: MultiBit is no longer supported . This post was written in 2014 and only slightly modified since then. It remains for those who may need to use MultiBit Classic, but should not be used by beginners.
This guide documents MultiBit through...
Date: 2017-12-19 17:18:45
Six Things Bitcoin Users Should Know about Private Keys ...
Private keys have been an integral component of Bitcoin since its first description in 2008. Wallet software often attempts to shield users from the need to understand what private keys are and how they work. Even so, most users eventually come face to face with private keys, too often with unpleasant results.
A basic understanding of private keys can help prevent loss of funds and other mishaps,...
Date: 2017-12-19 17:18:45
How to Clear a Stuck Bitcoin Transaction - Bitzuma
A Bitcoin transaction can fail to confirm, or become "stuck," for many reasons. Stuck transactions may be confirmed after several days, but sometimes waiting isn't an option. Fortunately, many stuck transactions can be cleared using nothing more than a Web browser. This article shows how.
Overview
Conclusions
Caution!
The procedure described here should not be used by beginners trying to clear a...
Date: 2017-12-19 17:18:45
Related topics : current bitcoin transaction fee calculator / current bitcoin transaction fee / bitcoin transactions fee / bitcoin wallet address private key / bitcoin wallet private key generator
SPV Wallet Users Beware: Segwit2x May Take You for a Ride
Version
4
Bit array used to signal miner readiness for soft-fork protocol updates. Must evaluate to an integer greater than or equal to two.
Parent Block Hash
Double SHA-256 hash value of previous block.
Merkle Root
Unique identifier for an ordered list of transactions.
Timestamp
Date and time in modified Unix time format.
Difficulty Target
Maximum allowable value for block's hash value; encoded...
Date: 2017-12-19 17:18:45
Related topics : bitcoin cash fork block / current bitcoin block size / current bitcoin block difficulty / bitcoin transactions per block / bitcoin cash exchange rate
Making Sense of Bitcoin Transaction Fees - Bitzuma
Making Sense of Bitcoin Transaction Fees
By Rich Apodaca | Updated
October 21st, 2017
A competitive fee must be added to every Bitcoin transaction. Failure to do so can result in loss of time, money, or both. But overpayment can also cost you money. Fees may seem irrational or unnecessarily complex. This article breaks fees down in detail, and includes a discussion of how using segwit can reduce...
Date: 2017-12-19 17:18:45
Related topics : bitcoin transactions fee / current bitcoin transaction fee calculator / current bitcoin transaction fee / bitcoin transactions per block / bitcoin transactions time
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