lightning network Archives - Coin Guides

Bitcoin Ordinals & BRC-20 Token Guide – Comparison with ERC20 / NFTs

coinguides — Fri, 26 May 2023 02:30:19 +0000

Bitcoin Ordinals – A protocol that brought Non-Fungible Tokens (NFTs) to the Bitcoin blockchain. Ordinal Inscriptions allowed users to “mint” NFTs on the Bitcoin blockchain for the first time by inscribing data on a satoshi. Now with BRC-20 token standard which is a new implementation of Ordinals protocol we also have fungible tokens on the …

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Lightweight Bitcoin wallets / Best BTC SPV clients for Desktop & Mobile

coinguides — Sat, 03 Apr 2021 07:27:58 +0000

Planning to gift your friend some Satoshi? Looking to introduce your family member into Bitcoin? That’s great! First they need to purchase the cryptocurrency. Either you could buy it for them as a gift or you can point them to an exchange and tell them how to purchase BTC from there. We recommend Binance. They …

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How to connect Bitcoin core and Electrum wallet to Bitcoin Testnet

coinguides — Tue, 08 Dec 2020 10:31:52 +0000

Beginners who just stepped into Bitcoin may find the whole concept overwhelming. If you are new then to get started you don’t need to deeply understand the technology behind Bitcoin or its technical details. Just get familiar with how a wallet works, how to send, receive coins, how to view transactions on the block explorer and …

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Bitcoin core wallet RPC console commands – Bitcoin-qt client API call lists

coinguides — Wed, 21 Oct 2020 05:48:12 +0000

In this article we’ll share some of the basic commands that you can use to interact with your Bitcoin core RPC console. Bitcoin core QT client is the original Bitcoin wallet and a full node that has features most other Bitcoin wallets don’t have. It builds the backbone of the network. It offers full validation …

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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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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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Lyra2REv2 Algorithm – List of Coins & Lyra2v2 Miners for NVIDIA / AMD

coinguides — Thu, 11 Oct 2018 13:33:50 +0000

With the rise of ASIC (Application Specific Integrated Circuit) and FPGA (Field Programmable Gate Array) mining; standard hardware’s like CPUs and GPUs are being pushed out of the game. Most cryptocurrencies that claims to have ASIC resistant algorithm are not actually resistance to ASIC. They say this because there are no ASICs or FPGAs developed …

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Grøstl Algorithm – Groestl PoW algorithm coins and miners

coinguides — Sat, 01 Sep 2018 13:54:36 +0000

Previously we made an article about Keccak hashing algorithm which is a member of SHA family. Another one which we covered about is Blake2b (Blake). This one doesn’t come under SHA family but is one of the SHA-3 finalist chosen by NIST (National Institute of Standards and Technology). Here comes another finalist called Grøstl. Along …

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What is XDNA? XDNA coin features, specifications and wallet setup guide

coinguides — Sat, 11 Aug 2018 14:12:10 +0000

Well, you know that there are so many new Altcoins, ICOs and crypto projects popping out every single day. Not all of these projects are going to succeed and not every one of them is worth mentioning. However the one that achieved something in a short period of time, that has a devoted team, strong …

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