An incentive for a miner who successfully calculates a valid hash in a block during mining. Block reward refers to the cryptocurrency rewarded to a miner when they successfully validate a new block. The block reward is made of two components: the block subsidy and the transactions fees. The block subsidy consists of newly generatedContinue reading “BLOCK REWARD”
Monthly Archives: October 2019
BAKKT Warehouse Launches Deposits and Withdrawals as Planned
Bakkt Warehouse, a qualified custodian of crypto trading platform Bakkt, is now accepting customer Bitcoin (BTC) deposits and withdrawals. First physical BTC futures on the wayAs the company tweeted on Sept. 6, Bakkt Warehouse has officially launched in accordance with the plans revealed on Aug. 28. The launch of Bakkt Warehouse comes as the companyContinue reading “BAKKT Warehouse Launches Deposits and Withdrawals as Planned”
CUBANS Are Turning to Bitcoin to ACCESS Global Economy
CUBANS Are Turning to Bitcoin to ACCESS Global Economy A Sept. 12 report from U.S. News claims that, with the recent advent of mobile internet in the country, Cubans are increasingly using cryptocurrencies to make online purchases, as well as to invest and trade. “Opening new doors” in retailWithout access to debit or credit cardsContinue reading “CUBANS Are Turning to Bitcoin to ACCESS Global Economy”
Overstock Founder Dumps His Stake for Gold, Crypto Assets
OVERSTOCK Founder DUMPS His Stake for Gold, Crypto Assets Patrick Byrne, the eccentric former chief executive officer of Overstock.com Inc., sold his entire holdings in the company he founded and said he would park the proceeds in gold and cryptocurrency. Byrne cashed out nearly 5 million shares for about $90 million, according to a regulatory filing lateContinue reading “Overstock Founder Dumps His Stake for Gold, Crypto Assets”
AIRDROPS
A I R D R O P: A marketing campaign that distributes a specific cryptocurrency or token to an audience. It is usually initiated by the creator of a cryptocurrency in order to encourage use and build popularity of the coin or token. Most airdrop campaigns run with mechanics such as receiving coins or tokensContinue reading “AIRDROPS”
