What is bitcoin?

what is bitcoin? To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network …

Types of Bitcoin Wallets

Let's discuss the types of bitcoin wallets and why you might want to use one kind over another. Hardware Wallets The Ledger Nano S is one example of a hardware wallet. A hardware wallet is a physical electronic device, built for the sole purpose of securing bitcoins. The core innovation is that the hardware wallet must be …

TREZOR Supported Coins and Cryptocurrencies

TREZOR is a single purpose security device from Satoshi Labs which allows you to make secure bitcoin and cryptocurrency transactions. With TREZOR, transactions are completely safe even when initiated on a compromised or vulnerable computer. TREZOR is a very easy and intuitive way to assist adoption among people who aren’t familiar with Bitcoin and its underlying security issues. …

What is a Bitcoin Wallet?

A Bitcoin wallet is the first step to using Bitcoin. Why? A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. You can think of a wallet as your personal interface to the Bitcoin network, similar to how your online …