Cryptocurrency Nigeria leads Africa’s peer to peer Bitcoin transactions as it posted monthly P2P volumes of about $32.3million Published 2 weeks agoon November 2, 2020 According to a new study seen by Nairametrics, Nigeria has seen the largest influx of activity in peer to peer transactions in the month of October. While bitcoin’s usage has…

Oct 30, 2018 at 8:00 a.m. UTCUpdated Oct 31, 2018 at 1:06 a.m. UTCWhat Bitcoin’s White Paper Got Right, Wrong and What We Still Don’t KnowJoseph Bonneau is an assistant professor at New York University and co-author of “Bitcoin and Cryptocurrency Technologies,” a popular textbook.  This exclusive opinion piece is part of CoinDesk’s “Bitcoin at…

Bitcoins were first introduced in 2009, along with blockchain technology. Alternative cryptocurrencies were quick to follow and in many ways the technologies of these altcoins have surpassed those of Bitcoin. Bitcoin, however, remains the biggest and most watched cryptocurrency. Its 18 million coins are valued at more than $196 billion. These numbers vastly outnumber any…

You are reading Factsheet, our series of specific guides on experiencing and using technology platforms in Africa. Whether you are looking for knowledge on getting your African film on Netflix, raising a seed round or finishing an online design course, we are covering all that. — Bitcoin is money, a legitimate currency for transactions.  There,…

This reward is halved every 210,000 blocks to ensure that the reward for mining is not out of reach. The halving of the bitcoin reward is only every 4 years. Currently, 25 bitcoins are generated every 10 minutes. The difficulty of solving the mathematical equations is...