Making sense of bitcoin and blockchain: PwC

Making sense of bitcoin, cryptocurrency, and blockchain


There has been a lot of noise recently about terms like "bitcoin," "blockchain," and "cryptocurrency." Some of it is hype, but some of it points to important forces in the financial services industry. So what does it all mean?

We can help. We've pulled together a few short articles that explain why a lot of industry observers are...

Read more

Date: 2017-12-16 08:21:21

Related topics : bitcoin blockchain technology explained / bitcoin technology blockchain / bitcoin blockchain explorer / bitcoin blockchain explained / bitcoin blockchain

How long does it take for a Bitcoin transaction to be ...

Stanford researcher Dr. Joseph Bonneau explains the distinction between "confirmed" and "unconfirmed" Bitcoin transactions.

[For the latest on policy and regulation relating to cryptocurrencies like Bitcoin, see what we're doing to protect your right to innovate with cryptocurrencies .)

Frequently in popular descriptions of Bitcoin and in the user interfaces of wallet software, a distinction is...

Read more


Related topics : how long will it take to get 1 bitcoin / bitcoin transactions per block / bitcoin transactions explained / bitcoin latest transactions / bitcoin's blockchain technology explained in 2 minutes

transaction fees of Bitcoin - Mashable

A Bitcoin logo is seen inside a sushi restaurant in central Tokyo, Japan. But that sushi might cost you a hefty sum in transaction fees.


By Stan Schroeder

2017-08-28 11:36:04 UTC

Four dollars. That's how much it'd cost me to send 0.01 bitcoins, or about $42, from one Bitcoin address to another right now.�

And this is actually quite cheap compared to...

Read more


Bitcoin explained: Here's everything you need to know - CNET

Before you jump into this overview of how to buy and sell bitcoin, check out our first article in this series, Bitcoin, explained .

The original bitcoin logo.

Satoshi Nakamoto

Mining bitcoin isn't the only way to get your hands on the stuff, you know.

In fact, mining bitcoin is a complete pain in the buns. At a minimum, you need specialized software, a sophisticated hardware rig to run it and a...

Read more


Bitcoin triggering SMSF compliance issues - SMSFAdviser ...

One of the key issues with bitcoin, he explained, is with ownership because it's difficult to confirm who the actual owner of the bitcoin is.

"Due to the way that bitcoin and the blockchain ledgers work, it can be difficult to maintain separation between the assets of the super fund and the assets of the individual, a lot of times it's linked to their personal credit card for example, so it just...

Read more

Date: 2018-01-11 22:16:53

Related topics : bitcoin investment strategy / bitcoin investment trust fund / bitcoin investment trust bitcoin cash / bitcoin investment trust / bitcoin investment

Bitcoin Exchange Globitex Granted European Electronic ...

Bitcoin Exchange Globitex Granted European Electronic Money License

Spread the love

Globitex , a new bitcoin exchange co-founded by former Bitcoin Foundation Executive Director Jon Matonis, is announcing that its parent Globitex Holding (Latvia) group company NexPay UAB has been granted an Electronic Money Institution (EMI) license by the Bank of Lithuania, a regulatory authority in the European...

Read more


Using the blockchain as a digital signature scheme ...

Bitcoin uses digital signatures (ECDSA) to prove ownership of funds, so sending bitcoins requires the owner of them to digitally sign authorizing the transfer. This transaction is sent to Bitcoin's public network and later recorded in Bitcoin's public database (blockchain), so anyone can verify it by checking its digital signature.

Beyond that, Bitcoin has a scripting opcode called OP_RETURN that...

Read more


Related topics : bitcoin digital signature / all used bitcoin addresses / bitcoin wallet address private key / bitcoin signature verifier / bitcoin wallet address blockchain

How does Bitcoin Work: Bitcoin Transactions Explained with ...

Despite being a virtual currency, bitcoin transactions do take place. But how? Do you also wonder how does Bitcoins work? How does bitcoin transactions happen?Are there any fees attached during bitcoins transactions? Where does this transactions actually take place? Well, we have an answer to all your questions.

Read this post till the end, we will guide you in details about every step of bitcoin...

Read more


Explained in 60 seconds - Investing In Bitcoin

Altcoin Analysis Tool

What is Bitcoin?

Put simply, Bitcoin is an online currency used for sending, receiving, and storing funds. Bitcoin does not rely on a centralized bank or corporation to faciliate the exchange of funds. Instead, Bitcoin is an open and decentralized community where all transactions are recorded in a public database that is...

Read more


Bitcoin Gold: What you need to know – Bitcoin Tech Talk

Bitcoin Gold: What you need to�know

There's a Bitcoin hard fork around the corner and it's not 2x. Announced right before Bitcoin Cash forked, Bitcoin Gold is scheduled to go live sometime in November. In this article, I'm going to explain what Bitcoin Gold is, how and when it will hard fork and what you'll need to do to prepare.

What is Bitcoin�Gold?

Bitcoin Gold is the brainchild of Jack...

Read more


Related topics : coin exchange bitcoin gold / exchange bitcoin gold / get free bitcoins from gold bitcoin / miner bitcoin gold / bitcoin cash fork block

$4,000 Is the Bitcoin Price Prediction for 2017

Some analysts refuse to make a Bitcoin price prediction for 2017. They say the "right" words but, when push comes to shove, they don't give us a concrete Bitcoin price target. I suspect it is because they don't understand the technology. I made that same mistake once. I openly laughed at my colleague who made a Bitcoin price prediction of $4,000 in 2017. In my defense, I had been focusing on...

Read more


How to buy & sell bitcoins in Zimbabwe | KudaOnline

Bitcoins is the future of money I have no doubt about that. In Zimbabwe Bitcoins are gaining its popularity also in Africa. In this article I will cover how to buy and sell bitcoins in Zimbabwe to be precise. Thousands of people have lost money, I will share the good and the bad behind bitcoins. With that out of the way lets first look at what bitcoins are .


Read more


How to Split Bitcoin Cash from Bitcoin (Core) into the ...

by Christophe Keller | Aug 10, 2017 | Bitcoin Cash | 12 comments

This post explains how to get access to your Bitcoin Cash (BCC/BCH) coins if you held your bitcoins in the official Bitcoin Core wallet during the chain split that occured August 1st 2017 at 12:20 UTC. To do so we will use the official Bitcoin ABC wallet as the receiver of our Bitcoin Cash coins.

It took me quite some time to figure...

Read more


Related topics : bitcoin cash wallet windows / bitcoin cash wallet / create a new bitcoin wallet / bitcoin wallet transfer time / create bitcoin wallet account

Video: Bitcoin's blockchain technology explained in 2 minutes

South Korea's government said on Thursday it will impose additional... more>>



Subscribe and receive our exclusive Newsletters and e-mail Updates.

Copyright of this web site or any part hereof belongs to GP ONESTOPBROKER, unless otherwise stated.

Permission is hereby granted for the personal, non-commercial downloading, printing, transmission and temporary storage of any materials on this web...

Read more


Related topics : bitcoin's blockchain technology explained in 2 minutes / bitcoin blockchain technology explained / bitcoin technology blockchain / bitcoin technology explained / bitcoin blockchain explained

In Less Than 2 Days, Bitcoin Cash Becomes Third Biggest ...

Getty Images

In Brief

Barely 48 hours since its spin-off from the Bitcoin blockchain, Bitcoin Cash has already surged past other cryptocurrencies to become the third-biggest in terms of market capitalization. How the currency will fare over time is still up for debate, as it still lacks support from several mining pools and major exchanges.

[Un]Expected Boom

Less than�two days after�...

Read more


Bitcoin Spike: Ethereum Price Prediction for 2018 - Altcoin Today

Bitcoin Spike: Ethereum Price Prediction for 2018

Re-Evaluating Ethereum Price Predictions for 2018

Another day, another record-breaking high for Ethereum. Investors are refusing to give up their optimism on the Ethereum blockchain, even as they slash more than 10% from Bitcoin's market capitalization. What does this mean? And, more importantly, should it change our Ethereum price predictions for...

Read more


Related topics : bitcoin price prediction today / 1 bitcoin price prediction / bitcoin sell price prediction / bitcoin price prediction / bitcoin blockchain market price

Bitcoin as Digital Gold | bitcoin | The Epoch Times


� �

NEW YORK--Thanks to its six-fold increase during this year, bitcoin is one of the hottest topics in finance in 2017. It has attracted attention from the likes of European Central Bank President Mario Draghi and JPMorgan President and CEO Jamie Dimon. Some call it a bubble and a fraud that will soon collapse; others say the genie is out of the bottle.

And yet, few people really...

Read more

Date: 2018-01-30 05:36:50

How Money Got Free – Bitcoin and The Fight for the Future ...

A world where they would "fundamentally alter the nature of corporations and of government interference in economic transactions...Crypto-anarchy would replace central bureaucracy with decentralized cryptography, government control with individual liberty, the nation-state with the network."

Could it be? A system that would free money from the bondage of mankind?

The story continues on shrouded...

Read more


Related topics : will bitcoin be the one world currency / free digital money bitcoins / bitcoin get free money / free bitcoin account with money / bitcoin free money

Wirex Tutorial: How to Buy Bitcoins in Malaysia - Bitcoin ...

This tutorial explains the process to buy bitcoins in Malaysia through the Wirex platform. There are two payment methods you can choose from: bank transfer and PayPal. This tutorial will explain both methods.

Note: Wirex and E-Coin will be used interchangeably throughout this tutorial. Wirex� is the new E-Coin ; both operate under the same company.

What you need

Before starting the process, you...

Read more


What is Bitcoin? What Are Bitcoin Futures? How to Mine ...

Bitcoin now out-values gold many times over. We explain what is Bitcoin and how you can earn the virtual currency on your PC or laptop.

We explain how you can use your PC or laptop to generate bitcoins, and whether you'll ever get rich in doing so

By Jim Martin

| 04 Dec 2017

Bitcoin is wildly confusing . And here's the bad news: the fact you're reading this now means you're late to the game, and...

Read more

Date: 2017-12-20 01:48:00

Godfather of Bitcoin Adam Back explains how blockchain ...

The removal of trust from banking systems, brought about by the real-time audit effect of bitcoin's technology, would avert future financial crises like the one we saw unfold in 2008.

Adam Back, the founder and president of Blockstream, describes bitcoin's validating blockchain technology as "a protocol upgrade for the world's financial networks which is maybe more open than it has been in the...

Read more


Related topics : bitcoin blockchain technology explained / how to make bitcoin payment system / bitcoin banking system / bitcoin technology blockchain / bitcoin cost per transaction

Bitcoin mining likely uses more energy than it takes to ...

Map: Australia

The recent upsurge in the price of Bitcoin seems to have finally awakened the world to the massively destructive environmental consequences of this bubble.

These consequences were pointed out as long ago as 2013 by Australian sustainability analyst and entrepreneur Guy Lane, executive director of the Long Future Foundation .

In recent months, the Bitcoin bubble has got massively...

Read more

Date: 2018-01-11 22:43:39

"The Great Bitcoin Bull Market Of 2017" - Run To Gold

The Great Bitcoin Bull Market Of 2017

Posted 26 Nov 2017

I just got back from a two week vacation without Internet as I was scouring some archeological ruins. I hardly thought about Bitcoin at all because there were so many other interesting things and it would be there when I got back.

Jimmy Song suggested I do an article on the current state of Bitcoin. A great suggestion but he is really smart...

Read more

Date: 2017-11-27 14:44:53

Still don't understand blockchain? - World Economic Forum

3. Rewards or incentives. A blockchain solution requires either a reward system, such as "miners" earning bitcoin or Ether, or an incentive mechanism to ensure that competing interests are aligned.

Within bitcoin and Ethereum, mining is the process of adding transactions performed during a certain time period on to the ledger and is the means by which nodes on the network reach a secure,...

Read more


Related topics : bitcoin miner system requirements / bitcoin mining system requirements / bitcoin system requirements / new bitcoin miner / which bitcoin miner to use