Throughout the past few years, the public’s demand for financial anonymity and freedom has catalyzed the growth of virtual currencies, namely cryptocurrencies. Given the fact that digital information is...
Tag: bitcoin scalability
Bitcoin Community Debates
Full nodes across the bitcoin network continuously obtain, validate and broadcast new transactions. Transactions are collectively allocated to transaction pools on router nodes. Miners, or mining nodes, engage in an...
Even though bitcoin has introduced a new concept of decentralized cryptocurrencies, the inevitable consolidation of mining into mining pools, that control enormous portions of the network’s hashing power, is a...