double spending Archives - Coin Guides

What is Bitcoin change address? “Change” output and address explained

coinguides — Sat, 25 May 2019 10:44:48 +0000

Have you just made a Bitcoin payment and discovered that part of your Bitcoins are transferred to an unknown address? Do not worry. Your wallet it not compromised or is neither a bug. They are just send to a change address that you own and is one of the key privacy feature of Bitcoin. This …

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What is Bitcoin Reorg? Is it really possible to reorg Bitcoin blockchain?

coinguides — Thu, 09 May 2019 12:49:27 +0000

Binance, a leading cryptocurrency exchange has recently suffered a large scale security breach which resulted in a loss of 7000 Bitcoin. At current price its around 43 Million USD. Not sure whether if it is really got hacked or not; which is another story. But anyways Binance said that none of the users are affected …

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How to mine MTP (Merkle Tree Proof) – Zcoin XZC hard fork upgrade guide

coinguides — Sun, 09 Dec 2018 14:49:54 +0000

For a cryptocurrency to succeed it first needs to achieve wider distribution. In order to achieve this a coin must provide fair mining solution so that even home miners can participate and earn some coins through mining. But today this is not something that you can find in most coins. Cryptocurrency mining is largely dominated …

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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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Bitcoin Gold network upgrade! Equihash-BTG – New PoW Algorithm

coinguides — Tue, 03 Jul 2018 12:50:36 +0000

Bitcoin Gold is a fork of Bitcoin core (BTC) protocol and the main purpose of Bitcoin Gold (BTG) is to make Bitcoin decentralized again. All the features and specifications of Bitcoin Gold is similar to Bitcoin except two aspects; per-block difficulty adjustment and ASIC resistant PoW algorithm. Their mission is to ensure that the system …

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Luxcore v5 – CCMiner 2.2.6, Phi2 (New LUX hybrid PoW/PoS algorithm)

coinguides — Mon, 11 Jun 2018 14:05:38 +0000

One of the best thing about Blockchain is that it is decentralized in nature. The whole idea is to give users control over their own data and remove the power from third parties. Bitcoin is the first decentralized digital currency to use Blockchain. Later on Ethereum with its smart contracts platform took it to the …

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