By a Blockchain Simulator if you mean a test environment where you can test by trial and error different methods prior to executing them on a live blockchain where its impacts bear large scale effects, then certainly there are a couple of options you could try out. 1. IBM Hyperledger: The IBM hyperledger eliminates the … Continue reading 5 Types of Blockchain Simulators
Since you said you're not into gambling anymore, I'll try to give you some information about other fun activities you can do with Bitcoin. Play Games and Earn Bitcoin Tremor Games - Tremor Games has many different flash games. You can earn 'Tremor coins' for playing games and when you have an amount large enough … Continue reading Fun Activities You can do With Bitcoin
The size of the blockchain is indeed a serious problem, but in relative terms as the cost for providing an immutable digital entity it is quite justified. I can wholeheartedly sympathize with your predicament with the blockchain size being too large to incorporate a node on your machine and as do many other people. I … Continue reading The Problem with Bitcoin’s Blockchain Size
Well, like every investment, Bitcoin carries certain risks. I'll list all those that cross my mind below: 1. High Volatility The price of Bitcoin has a high volatility. Typical 30-day volatility is around 40 percent and a 90-day volatility is close to 70 percent. These swings in value are hard to stomach for many people. … Continue reading What are the risks of Bitcoin?
The first thing you'll need is a place to keep your currency. That would be, just like with the fiat currency, a wallet. There three types of Bitcoin wallets: Online wallets Mobile wallets Desktop wallets Depending on the mobility level you're looking for, different types of wallets will provide varying levels of mobility. Same goes … Continue reading How to Trade Bitcoin
Bitcoins are token issues from the Bitcoin Blockchain, nothing more nothing less. This token may be programmed to execute different functions, hold different values and uses implicitly not to forget its ability to be divisible into a million portions for trade. The reason Bitcoin is so valuable today, is because, there can only be 21 … Continue reading The Difference Between Bitcoin and Traditional Currencies
One can invest in Bitcoin by either buying some themselves or by mining it successfully by setting up a node. Bitcoin is nothing more than a pretty valuable token issued from the Bitcoin Blockchain and acquisition of this token would have it such that you have invested in Bitcoin. Bitcoins are valuable because a lot … Continue reading How to Invest in Bitcoins