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What is Bitcoin?

By | 2017-08-16T18:05:40+00:00 August 16th, 2017|Wallets|

Bitcoin and Crypto Currencies are digital forms of electronic money. They are different to the traditional fiat money system in three key ways: transactions are anonymous, you can create your own wallet bank account in minutes and the network is decentralised run through consensus of its participants. Bitcoin and other crypto currencies are also anonymous – you [...]

What is a Bitcoin Private Key?

By | 2017-08-16T17:32:30+00:00 August 16th, 2017|Wallets|

A private key is just a number picked at random. The private key is used to generate the public key through an irreversible process. In the case of Bitcoin the Private key is turned into the Public key through Elliptic Curve Cryptography or ECC for short.  If you lose your private key you can't access your [...]

Compare and Choose a Bitcoin Debit Card?

By | 2017-08-16T17:27:58+00:00 August 16th, 2017|Wallets|

There are quite a few bitcoin debit cards out there on the market but finding out which one is best for you can be difficult because of all the fees involved and complicated terms and conditions. Bitcoin debit cards are basically prepaid cards denominated in a particular currency. What this does is open up bitcoin to [...]