zcash Archives - Coin Guides

Mineable vs Non-Mineable coins in cryptocurrency – All you need to know

coinguides — Tue, 23 Apr 2019 11:39:17 +0000

What’s so revolutionary about cryptocurrency is that the way money is created and the way the transactions are carried out. Decentralization is the core idea that sets cryptocurrencies apart from the traditional fiat money. No central entity can control the system. Coins are created through the process called mining and all transactions are verified by …

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What are Block Rewards? How Bitcoin mining block rewards work?

coinguides — Mon, 25 Mar 2019 14:46:10 +0000

Previously on Coin Guides we’ve explained Bitcoin confirmations, Bitcoin mempool, Block height, transaction hash ID and many others. Here in this article we’re going to explain what a Block reward is and how the Bitcoin miners are rewarded for finding a block? This post applies not only to Bitcoin but any crypto currencies that are …

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Transaction Hash ID (TXID) – What is it & how to find the transaction ID

coinguides — Tue, 13 Nov 2018 15:18:55 +0000

Have you just made a payment and the recipient is asking for the “transaction hash”? Whether you pay in Bitcoin, Ethereum, Litecoin or Monero; often times the merchant will ask you for the hash or the transaction ID as a proof of payment. There are other scenarios as well where a third party wallet service …

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What does -rescan, -reindex command do & How to rescan / reindex wallet?

coinguides — Tue, 16 Oct 2018 13:12:05 +0000

Core wallet is quite sensitive and two commands which is used to fix a large number of wallet related issues are - rescan and -reindex. Are you getting any error when starting your core wallet? Or is your local blockchain database broken / corrupt? This can occur when copying blockchain from one computer to another, …

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How to move/copy wallet to another computer – Bitcoin, Litecoin, Monero

coinguides — Tue, 02 Oct 2018 12:02:20 +0000

Have you brought a new computer and wish to move all your wallets from old PC. If you are using light weight electrum wallet or any other multi-currency hot wallets like Jaxx or Exodus; moving it to another computer is quite simple. All you need to do is download wallet to new PC and restore …

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Core wallet: “No block source available” – How to fix this?

coinguides — Fri, 28 Sep 2018 07:23:05 +0000

Trying to sync our core wallet can be quite challenging at times and everyone of us might have gone through this stage atleast once. Whichever coin it; if you haven’t opened your wallet in a while then you need to patiently wait for it to completely synchronize. Also it can get quite frustrating if the …

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What is a premine? & What are some top cryptocurrencies that pre-mined?

coinguides — Sun, 23 Sep 2018 13:48:35 +0000

Fair distribution of wealth has nothing to do with mass adoption. Of course USD is not distributed fairly but it is the most widely accepted currency. But what about Cryptocurrencies? They are decentralized but are they fairly distributed? Even with Bitcoin, Litecoin and many other top cryptocurrencies only the extreme minority controls them. It doesn’t …

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Bitcoin Confirmations – All you need to know about block confirmations

coinguides — Sun, 16 Sep 2018 09:09:49 +0000

Whether you send Bitcoin or receive Bitcoin; the status of your transaction will initially remain “unconfirmed”. Once the transaction is verified and successfully included in the blockchain the status will then change to “confirmed“. In Bitcoin; for the “unconfirmed transaction” to become “confirmed” that is to get 1 confirmation it will take about 10 minutes. …

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What is Bitcoin Mempool? Memory pool size, fees & transactions explained

coinguides — Tue, 04 Sep 2018 16:34:55 +0000

Bitcoin, Blockchain and decentralized technology is revolutionary. While Bitcoin has numerous advantages over traditional currency it is quite complex to comprehend for a normal user. If you are new then before investing it is advised that you have some basic understanding of how Bitcoin and Blockchains work. It will really make things easier. How often …

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Wallet won’t sync – Why your wallet is not syncing and how to fix this

coinguides — Sun, 02 Sep 2018 12:50:21 +0000

The reason why users choose core wallet is to run a full node, support the network and additionally have full control over their funds as it offers better privacy and security. On the other hand why users won’t choose QT wallet is mainly because of wallet sync issues. Before we can use this wallet we …

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