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Bitcoin For Beginners

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Bitcoin Scams

20 Bitcoin Scams: How To Spot And Avoid Them (2024)

You might feel uneasy using Bitcoin because you don’t want to lose all your money to Bitcoin Scams. To help, let’s learn about them and how to avoid them
Lightning Network

Lightning Network: What Is It, How It Works & How To Invest In It (2024)

The Bitcoin Lightning Network allows for instant, near zero fee, high volume micropayments using bitcoins, all without having to involve trusted third parties
What Are Public And Private Keys

What Are Public And Private Keys? (2024)

What Are Public And Private Keys? They’re a critical and foundational part of how the Bitcoin network works, as well as how you send and receive funds

Calculators & Tools

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Satoshi To USD

Satoshi To USD Calculator & Converter (2024)

Convert Satoshi into dozens of other fiat currencies with our Satoshi Calculator tool. Also get conversion tables and recommended exchanges to buy
How Many Bitcoins Are There

How Many Bitcoins Are There & How The 21 Million Limit Is Enforced (2024)

How Many Bitcoins Are There? It’s a simple enough question, but it changes every few minutes, so get the latest figure with our handy live tool
Bitcoin Calculator

Bitcoin Calculator: Easily Convert Bitcoin (BTC) To US Dollar (USD) & More!

Convert Bitcoin into dozens of other fiat currencies with our Bitcoin Calculator tool. Also get conversion tables and recommended exchanges to buy
Hash Rate Calculator

Hash Rate Calculator: Convert Hash to kH/s to MH/s to GH/s to TH/s to PH/s to EH/s to ZH/s (2024)

Use our handy Hash Rate Calculator tool to convert and compare different hashrates and get a true size of how powerful the Bitcoin network is
Market Cap Calculator

Market Cap Calculator: How To Calculate Cryptocurrency Market Cap (2024)

Get the best Market Cap Calculator tool specifically built for cryptocurrencies that also teaches you what to watch out for and why

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Bitcoin FAQs

What Is Bitcoin (BTC)?

Bitcoin is online money that enables instant payments. Free for anyone, anywhere in the world to use at any time. It uses peer-to-peer technology (like torrents) and can be used without any permission from a government or central authority. It cannot be stopped or censored. Its rules cannot be changed, no matter how rich or powerful a country or person is.

What Is Blockchain?

A blockchain is a distributed database, also referred to as a distributed ledger, that’s shared between many nodes on a network. They are most commonly used in cryptocurrency networks, but they have been used for other things too. The data that’s stored in a blockchain is immutable, meaning that it can never be changed.

What Is A Bitcoin Wallet?

A Bitcoin wallet is simply software (sometimes paired with hardware) that:
– Manages your Private Keys which gives you access to spend your bitcoins
– Generates new Bitcoin Addresses so you can receive bitcoins
– Creates and broadcasts transactions to the network so you can spend your bitcoins

How Much Are Bitcoin Transaction Fees?

Bitcoin transaction costs only depend on how big in bytes your transaction is. The more inputs and outputs you have, the more expensive your bitcoin fee will be. A simple transaction usually costs around 200-2,000 sats or $0.06-$0.60 USD. You can also pay virtually zero transaction fees by using the Lightning Network.

Who Is Satoshi Nakamoto?

Satoshi Nakamoto is a pseudonym for the person or persons that invented Bitcoin and introduced it to the world back in 2008. They authored and released the first copy of the Bitcoin Whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System.