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Tag: #blockchain

What Is Namecoin?

May 102022

Namecoin is a cryptocurrency originally forked from Bitcoin software. A fork is simply a change in a blockchain’s protocol. Namecoin is based on the code of Bitcoin with additional functionality built on top of it. Namecoin uses the same proof-of-work (PoW) consensus algorithm as Bitcoin. The two currencies are nearly identical. Howev...

What Is the Metaverse?

May 102022

The metaverse is a concept of a persistent, online, 3D universe that combines multiple different virtual spaces. You can think of it as a future iteration of the internet. The metaverse will allow users to work, meet, game, and socialize together in these 3D spaces. The metaverse isn’t fully in existence, but some platforms contain me...

What Is An NFT? Non-Fungible Tokens Explained 

May 92022

Non-fungible tokens (NFTs) seem to be everywhere these days. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips—some for millions of dollars. But are NFTs worth the money—or the hype? Some experts say they’re a bubble poised to pop, like the dot-com craze or Beanie Babi...

Who Accepts Cryptocurrency? After This Last Year, the Number Is Rising

April 282022

Is cryptocurrency the wave of the future or just a dot-com bubble waiting to pop? Time will tell, but there is good evidence that cryptocurrency will only get more popular and widely used in the months and years to come. Citibank believes that Bitcoin’s numerous advantages are bringing it to a “tipping point” into the mainstream. It i...

7 Reasons to Start Accepting Bitcoin as Payment

April 282022

Accepting Bitcoin as payment could open up a lot of new doors, no matter whether you are selling a product or a service. From a larger customer base to cheaper fees, there are a number of advantages to enabling cryptocurrency payment. Read on to discover why this is something all merchants should consider and find out why now is the b...

How to Make a Bitcoin Payment in 4 Easy Steps

April 282022

Bitcoin is rapidly becoming one of the most preferred methods of paying for goods and services. There are a lot of reasons behind this, primarily because it’s easy to use and very private. These days, more merchants are taking bitcoin than ever before, so if you’ve ever wondered how to make a bitcoin payment or why you should start ac...