Entries by finmail

Early Bitcoin – A string of bad history

By Lumai Mubanga. [email protected] The history of Bitcoin is shredded in bad historical “books” partly because of its stringent privacy policy, a policy that made it very difficult to tie digital identities to real world users as well as its decentralization policy, a policy that ensured that no central entity could be summoned to fix […]

Bitcoin vs Blockchain

By Wirba Brice Divine Ransinyuy. [email protected] Bitcoin is a form of digital currency which falls under cryptocurrencies. It’s just one of the hundred cryptocurrencies that do exist. Though we can note that Bitcoin is the most known and worldly used form of all the cryptocurrencies. Some don’t even know that there are other cryptocurrencies that […]

Crypto bubbles & Ethereum Review

By Lumai Mubanga. [email protected] Editor note from Finmail: The title is slightly updated to reflect the content. Ever heard of Bitcoin and Ethereum Bubbles? The Bitcoin bubble was followed by the Ethereum bubble. Recall that the Bitcoin hype was created by speculative trading and the alleged Chinese business men entry into the cryptocurrency market. After […]

Validating transactions in crypto space

By Lumai Mubanga. [email protected] The absence of a central control master in cryptocurrencies creates the question of who validates transactions when making or receiving payments. This article explains how Bitcoin transactions and other cryptocurrencies are validated. Let us begin with the traditional banking transaction scenario. The client’s fund is aggregated into one count. When a […]