What is the Mempool?
It’s the waiting room before they get processed and added to the blockchain FOREVER!!
What is Bitcoin Mining
And how does it work? Miners (computers) compete to find the next block by making billions of guesses. These guesses (hashes) are to find the link to the previous (imagine one padlock on the floor with a billion keys) these miners are competing to find that specific...
Who invented Bitcoin? Part 1
Satoshi Nakamoto did. Satoshi was the anonymous creator of Bitcoin. He solved the double spending problem which had flummoxed computer scientists for decades. Although Satoshi created Bitcoin, the concept was built on the shoulders of cryptographic giants over a...
What is Inflation?
Central Banks use a term called Quantitive Easing to describe the practice of “printing money out of fresh air” if anyone else tried to do that they would go straight to jail. This creates price Inflation. Where over time the price of things you...
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