Swap Crypto

In this post, you will find a list of possible benefits and drawbacks associated with bitcoin. You'll also read about how bitcoin is being regulated. One major question to answer in regards to the future of bitcoin is: What happens when the Bitcoin network reaches its limit? As more people over the years begin using bitcoin, transactions rise and the blockchain size increases. The higher transactions take up data space that could otherwise be used for other transactions that would benefit from a larger amount of data space...  We're currently at a point where the blockchain is growing too big for the Bitcoin network to handle. In the past, miners were able to spend their blocks to free up space for new items, but because of increased transaction processing power, this becomes increasingly difficult. As these things happen, there will be a limit to how much more data can be added to the Bitcoin blockchain before this becomes an issue.. . . . To see if there is a limit to the s...

 If you're anything like me, you've heard the word "bitcoin" being thrown around a lot lately. It's rumored to be the future of money, but it can't be that simple since it's not even backed by anything tangible. Is this really just some elaborate pyramid scheme? Bitcoin is a cryptocurrency that is created by mining. Want to know more about this cryptocurrency craze?  Bitcoin is a decentralized digital currency that offers very low-to-no fees to peers on the network. This is mostly due to the fact that there are no banks or government institutions behind it. The currency can be used to buy things electronically, but it's most commonly used as an investment. What is bitcoin mining? Mining is the skeleton of the bitcoin process (much like mining diamonds is the skeleton of industrialization). It's how new bitcoins are made. You're probably thinking "well I can just buy bitcoin, duh." So let's say you have some bitcoins and want to ...