Is Bitstamp exchange trusted?

Bitstamp is the first digital currency exchange platform to be fully licensed in Europe, making it one of the very rare cryptocurrency exchanges to be so licensed in the world. The exchange is authorized and licensed by the Luxembourg Financial Industry Supervisory Commission (CSSF). Such regulatory oversight gives users added protection when trading on the Bitstamp exchange.

What kind of cryptocurrecies can I trade on Bitstamp?

Bitcoin (BTC) Litecoin (LTC) Ethereum (ETH) Ripple (XRP) BitcoinCash (BCH) ZRX Maker (MKR) Kyber Network (KNC) Dai (DAI) Gemini dollar (GUSD)

What is Bitstamp exchange history?

Bitstamp is one of the most ancient and trustful cryptocurrency exchanges. The company is headed by CEO Nejc Kodrič, who co-founded the company in August 2011 with Damijan Merlak in his native Slovenia, but later moved its registration to the UK in April 2013, then to Luxembourg in 2016. In April 2016, the Luxembourgish government granted a license to Bitstamp to be fully regulated in the EU as a payment institution, allowing it to do business in all 28 EU member states.

Tag: bitcoin

Ethereum vs. Bitcoin: 2025 Market Performance, Trends & Predictions 🚀
Ethereum vs. Bitcoin: 2025 Market Performance, Trends & Predictions 🚀

Introduction

Bitcoin (BTC) and Ethereum (ETH) continue to dominate the cryptocurrency market in 2025, each with unique strengths and market influences. While Bitcoin maintains its position as the leading digital store of value, Ethereum’s expanding ecosystem in decentralized finance (DeFi) and smart contracts fuels its growth. This article explores their current market performance, price trends, and expert predictions for the year ahead.

Crypto Market Performance Analysis

Ethereum’s recent performance shows promise for 2025. It has risen over 2% in a day and 30% in 30 days, despite issues with high gas fees and network congestion. While Bitcoin has seen a 70% year-to-date gain in 2024, Ethereum clocked a more modest 25%.

Ethereum’s growth drivers include:
- DeFi
- NFTs
- The upcoming Ethereum 2.0 upgrade
It hosts 60% of DeFi protocols and is benefiting from Layer 2 solutions addressing scalability issues. Projections suggest Ethereum could reach $4,500 to $5,000 by mid-2025, supported by institutional interest in Ethereum-based products.

Bitcoin remains dominant in the crypto market, often leading price trends. Ethereum’s correlation with Bitcoin indicates that positive changes for Bitcoin could benefit Ethereum as well. However, Ethereum’s price potential is also influenced by activity within its own ecosystem.

Regulatory factors will play a significant role in both cryptocurrencies’ progress. As we approach 2025, the interplay between Bitcoin’s dominance and Ethereum’s technological advancements will shape market dynamics.

Technological Factors

Ethereum’s transition to Ethereum 2.0 promises significant improvements in scalability and efficiency. The shift to a proof-of-stake (PoS) consensus mechanism aims to increase transaction speeds from 30 to 100,000 per second while reducing energy consumption. This could make Ethereum more attractive to environmentally conscious investors and institutions.

In contrast, Bitcoin’s enhancements have been more gradual. The Lightning Network addresses scalability issues but has less impact than Ethereum’s overhaul. Bitcoin’s proof-of-work mechanism remains unchanged, maintaining its energy-intensive nature.

Ethereum 2.0’s upgrades could potentially reduce transaction costs and network congestion, making it more appealing for users and developers.

However, Bitcoin’s reputation as “digital gold” and a store of value ensures its continued relevance.

The competition between Ethereum’s innovation and Bitcoin’s reliability will add intrigue to the crypto landscape in the coming years.

Regulatory and Institutional Interest

Both Bitcoin and Ethereum face regulatory challenges that will shape their futures. Recent U.S. political shifts have created a more favorable environment for cryptocurrencies, sparking optimism about continued support for crypto innovations.

Ethereum’s transition to 2.0 and its DeFi ecosystem have garnered attention from regulators as a potential model for sustainable blockchain growth. However, high gas fees and network congestion remain under scrutiny.

Institutionally, Ethereum has seen increased interest, with growing inflows into Ethereum-based ETFs and staking services. Bitcoin continues to attract institutions seeking a hedge against economic fluctuations, though its environmental impact due to the proof-of-work mechanism raises concerns.

Global regulatory clarity remains a crucial factor for both cryptocurrencies. Positive developments could propel market sentiment, while stringent policies could hinder growth. The interplay between regulatory fine-tuning and institutional strategies will significantly influence the crypto landscape approaching 2025.

Future Price Projections

Analysts project Ethereum could reach between $4,500 and $5,000 by mid-2025, driven by the maturation of Ethereum 2.0 and growth in DeFi. The adoption of proof-of-stake is expected to tighten circulating supply through staking, potentially supporting long-term price growth.

In the shorter term, Ethereum’s price may consolidate between $3,000 and $3,500 in 2024, with the potential to reach $3,800 if market sentiment improves.

Bitcoin’s price predictions remain strong, with its position as a store of value and digital gold unchallenged. Macroeconomic factors, such as potential U.S. interest rate cuts, could influence Bitcoin’s price movements.

As we approach 2025, both cryptocurrencies’ performance will be shaped by:
- Technological advancements
- Regulatory developments
- Broader economic conditions
Bitcoin vs. Ethereum: 2025 Price Performance

As of February 2025, Bitcoin is trading at approximately $96,751, whereas Ethereum is priced around $2,664.97. The past year saw Bitcoin appreciate by 113%, while Ethereum recorded a 53% increase. These trends reflect Bitcoin’s dominance as a safe-haven asset and Ethereum’s ongoing adoption in Web3 applications.

Key Market Trends
- Bitcoin Price Forecast: Analysts predict BTC could reach $150,000 by the end of 2025, fueled by institutional adoption and upcoming halving events.
- Ethereum Growth Potential: ETH’s price may climb to $8,000, driven by the expansion of Ethereum staking and DeFi innovations.
- Market Volatility: Recent geopolitical events, such as U.S. tariffs, led to a 7.5% drop in BTC and a 20.1% dip in ETH, highlighting ongoing market fluctuations.
Bitcoin’s Market Position in 2025

Bitcoin remains the leading cryptocurrency due to:
- Institutional Investment: Growing adoption among hedge funds and corporate treasuries.
- Scarcity & Halving Cycles: The upcoming Bitcoin halving is expected to reduce supply and drive price appreciation.
- Store of Value Narrative: BTC continues to be the “digital gold” for long-term investors.
Ethereum’s Expanding Ecosystem

Ethereum’s advancements position it as a strong competitor to Bitcoin:
- Ethereum 2.0 & Staking: The shift to proof-of-stake (PoS) enhances scalability and energy efficiency.
- DeFi & Smart Contracts: Ethereum leads in decentralized applications (dApps) and financial services.
- Layer 2 Solutions: Rollups and sidechains increase transaction speeds and reduce fees, boosting adoption.
Which Cryptocurrency Will Perform Better in 2025?
- Bitcoin’s Strengths: Secure, scarce, and widely adopted, making it a strong long-term investment.
- Ethereum’s Potential: Growing utility in DeFi, NFT markets, and Web3 applications could drive significant value appreciation.
Conclusion

Bitcoin and Ethereum will remain dominant forces in the crypto market throughout 2025. While Bitcoin serves as the ultimate store of value, Ethereum’s technological advancements make it a compelling asset for innovation. Investors should consider their risk tolerance and long-term goals when deciding between BTC and ETH in this evolving landscape.
February 21, 2025
Next Ethereum Altcoin Bull Run
Understanding the Cryptocurrency Bull Run

Bitcoin halving events significantly influence the cryptocurrency market, occurring approximately every four years. These periods, often described as “bull runs,” are marked by price increases when demand exceeds supply.

For altcoin investors, understanding these cycles can be advantageous. Bitcoin’s price movements typically affect the entire crypto market, impacting altcoin prices. Ethereum, a major altcoin, often reflects these fluctuations due to its solid platform for decentralized applications (dApps) and smart contracts.

Market cycles generate both optimism and caution. Investors seek higher returns but remain wary when investing in altcoins. High market demand generally drives altcoin growth, with technology and innovative features attracting those diversifying beyond Bitcoin and Ethereum.

Solana, for example, gained traction with its quick transactions and low fees. Polygon and Cosmos have emerged with specialized roles addressing Ethereum’s high transaction fees and interoperability issues.

However, not all altcoins promise substantial returns. Dogecoin serves as a reminder of the market’s volatility, its growth partly driven by community strength and celebrity endorsements.

Key Strategies for Bull Run Investing:
- Diversify portfolios with major players and promising altcoins
- Understand market trends and technological advancements
- Protect against scams using cold wallets for self-custody
- Implement dollar-cost averaging to mitigate impulsive buying
- Set defined price levels for buying and selling based on market observations
Altcoin Investment Strategy

When investing in altcoins during a bull run, creating a diversified portfolio is essential. A strong foundation with Bitcoin and Ethereum is key, typically allocating 70% to 80% to Bitcoin and 10% to 15% to Ethereum, leaving room for strategic investments in promising altcoins.

Market trends offer valuable insights for capitalizing on the dynamic crypto landscape. Altcoins with unique technological advancements or innovation-driven solutions often gain traction during bull runs.

“I would do probably 70%–80% Bitcoin, 10%–15% Ethereum and then the rest could kind of gamble on altcoins,” states Crown.

Regulatory changes can significantly affect market sentiment. Staying updated on such developments can help anticipate market movements or shifts in altcoin viability.

Understanding the development team and technology supporting a cryptocurrency is crucial. Evaluate the technological innovation an altcoin introduces, whether it addresses existing challenges, or offers utilities that could drive market adoption.

By monitoring market signals, staying informed about regulatory developments, and critically assessing technological innovation, investors can position themselves to capture the momentum of a thriving crypto landscape.

Promising Altcoins for the Next Bull Run

Several altcoins show potential for growth in the upcoming cycle:
- Ethereum (ETH): Remains prominent due to its role in enabling decentralized applications and smart contracts. Its large market cap and user base establish it as a key asset likely to experience further growth.
- Solana (SOL): Appeals to investors with its exceptional transaction speed and lower costs. Its focus on scalability issues ensures its position within the competitive market.
- Dogecoin (DOGE): Captures attention through its social buzz and community support. As a meme coin, it has experienced unpredictable price swings, often driven by community sentiment and prominent endorsements.
- Polygon (MATIC): Aims to alleviate Ethereum’s scalability issues, providing cost-effective and scalable solutions.
- Kaspa (KAS-USD): Distinguishes itself with its unique blockDAG architecture and ambitious roadmap, aiming to overcome blockchain scalability challenges.
- Stellar (XLM-USD): Facilitates low-cost, rapid cross-border transactions, aiming to integrate blockchain technology with traditional financial systems.
- Cosmos (ATOM-USD): Enhances interoperability through its Tendermint consensus mechanism, striving to be the ‘internet of blockchains.’
Each of these altcoins presents distinct characteristics and market opportunities that, when properly understood, can provide substantial rewards during the next bull run.

As the cryptocurrency market evolves, understanding its cycles and strategies becomes increasingly important. Informed analysis and strategic investments can potentially harness growth opportunities during future bull runs.
1. CoinMarketCap. Cryptocurrency Market Capitalizations. August 26, 2024.
2. Cointelegraph. How to Prepare for the Next Crypto Bull Run in Five Simple Steps. 2024.
3. Crown J. Cryptocurrency Investment Strategies. Blockchain Quarterly. 2024;12(3):45-52.
November 12, 2024
Play-to-Earn Crypto Blockchain and GameFi – The Future Enclosed
Blockchain Game Development – What’s Enclosed In The Future?

GameFi is one of the most well-known buzzwords in the rapidly growing blockchain gaming industry.

The popularity of play-to-earn games, which are numerous, further heightens the anticipation because they present chances that are simply too amazing to pass up.

What can you do?

Engage in blockchain game development as quickly as you can. The responses are astonishing. The advancement of technology may also be advantageous to you.

Read on to know more about Blockchain GameFi and play-to-earn crypto games!

What are Play-to-Earn Crypto Blockchain Games and GameFi?

The topic of GameFi is rife across the cryptoverse. It combines “Game” and “Finance” in its essence.

It includes gamifying financial systems so that users of play-to-earn bitcoin games can generate income.

Despite sounding like science fiction, the GameFi premise is grounded in actual concepts. In September 2020, Yearn Finance CEO Andre Cronje tweeted the first time GameFi was mentioned. Since then, the term has been often used to refer to video games that feature DeFi powered by blockchain. The initiatives take advantage of the widespread use of video games and the particular features of cryptocurrencies to build an appealing market, GameFi.

Consider this: in conventional games, the in-game things that players purchase have no value outside of the game’s virtual universe. In addition, these items are not under the authority of gamers; rather, they pay money to buy them.

GameFi, on the other hand, alters the concept and enhances the appeal and interest of the financial incentive system through the use of blockchain technology, cryptocurrencies, and DeFi items.

Here are some interesting details about the Blockchain Gaming Sector:
- As of February 2022, GameFi’s total market cap was US $55.38 billion. Blockchain gaming is anticipated to experience growth 10 times faster than traditional gaming, reaching $50 billion by 2025.
- By 2028, it is predicted that the global GameFi market will increase to roughly USD 38.27 billion.
- It is anticipated that the size of the global fintech-as-a-service platform market would increase to approximately USD 949 billion by 2028, with a nearly 17% compound annual growth rate (CAGR) between 2022 and 2028.
- According to a survey, among other things, Community (69%), Team (67%), and Gameplay (51%) were some of the most crucial elements to consider while investing in GameFi.
The market has enormous development potential. But as Web3 develops further, GameFi will adjust to the shifting ecosystem.

Potential Benefits of P2E Games
- They are available as a variety of in-game items, including virtual real estate, cryptocurrency tokens, skins, cards, weapons, and other NFTs.
- Gamers can accumulate more assets and they become more valuable as more people participate.
- Additionally, P2E games distribute in-game resources among participants. As a result, when players take part in the in-game economy, they can provide value for both the developer and other players.
P2E Earning Models
- Playing games to earn cryptocurrency: Here, players have the chance to gather in-game resources. They can participate in games, competitions, duels, and other activities while earning rewards. They can devote more time to developing their monsters or characters so they play the game better.
- Getting in-game currency or selling it (via NFTs): By using creatures, skins, virtual lands, and add-ons, gamers can generate original material as NFTs. The catch is that their value increases with their rarity. It’s straightforward: Prices rise in response to rising demand.
- Investment-based cryptocurrency income: Let’s consider the success of the blockchain-based video game Axis. The in-game assets are what are raising pricing. Numerous NFTs have evolved into financial assets that are comparable to physical assets. P2E game development is appealing to investors because of its features. Additionally, it has sparked the growth of guilds, online communities that enable users to access in-game resources and rent them out in exchange for a cut of the revenue.
P2E players can find some fantastic websites, such as the Blockchain Gaming Alliance, where they can find the most recent information and recurrent updates on the market.

The Future of Blockchain Play-to-Earn Games!

As new technological trends are included, gaming will continue to develop and increase in value. Here are a few intriguing features that highlight blockchain gaming’s bright future.

The number of GameFi projects skyrocketed in 2021, and in six years, the industry is expected to be valued at over $2.8 billion.
- In the first half of 2021, the market for NFTs was worth $2.5 billion globally. Additionally, now that NFTs have entered the market, more enterprises are keen to develop their blockchain gaming businesses.
- As of June 2022, there are more than 1550 blockchain games.
- Many blockchains, including Ethereum, Polygon, Harmony, Solana, BNB Smart Chain (BSC), and others, currently provide popular games.
Blockchain game creation has already had a significant impact on the gaming industry, and it is a trend that will continue. With more advancements in blockchain technology, the game world’s potential is endless.

In this regard, it is anticipated that the GameFi growth pattern would change as blockchain technology advances quickly. GameFi is particularly appealing since it enables users to own in-game assets and generate income from them, especially in impoverished countries.

The Top 5 Blockchain Play To Earn Games

Axie Infinity

The total lifetime sales of Axie Infinity recently reached $4 billion. Here are some fundamentals before we get started; One of the most popular P2E crypto games is Axie Infinity. A three-token economy is employed, with the smooth love potion (SLP) serving as the utility token. Axies, or non-fungible tokens (NFTs), are the players’ collection of virtual pets. The fact that the animals are bred within the game and engaged in combat with one another is thrilling.

The game is changing; most recently, NFT runes and charms were added by Axie Infinity and made available on the Ronin network through the marketplace. Additionally, the game’s management intends to reward players that use the ranked gameplay mode on Origin.

Alien Worlds

Another well-liked game on the BNB Chain that consistently tops the GameFi charts is Alien Worlds. According to data collection and research firm DappRadar, AlienWorlds is one of the top blockchain gaming platforms, with a total user base of about 491,000.

The virtual universe in which the game is set up is entirely tokenized. The gaming world also includes a variety of in-game artifacts where players can mine Trillium (TLM) and have a chance to discover new NFTs that can be used in the game.

Splinterlands

Blockchain-based A P2E trading card game online is called Splinterlands. Every card in the game is an NFT, and it is traded using characteristics seen in cryptocurrencies like Bitcoin and Ethereum. Players have the chance to earn cryptocurrency while taking part in the game’s battles and victories.

Splinterlands recently reached a new milestone when it partnered with EMP Money. Therefore, EMP Money, an Ethereum-pegged token with the same value as Ethereum (ETH), is now accessible to players for use in-game.

The Sandbox

The Sandbox (SAND), a platform introduced in 2011 by Pixowl, is built on the Ethereum blockchain. It is a distinctive virtual environment where users can create, own, buy, and sell digital game components. To create the decentralised platform, it applies both NFTs and decentralised autonomous organizations (DAO).

By promoting the benefits of actual ownership, digital scarcity, monetization potential, and interoperability, The Sandbox hopes to draw both crypto and non-crypto game enthusiasts. Despite a few price declines in 2022, the token is still well-liked among gamers.

Pegaxy

A PVP-style mech-horse racing game with futuristic mythical flair is called Pegasus Galaxy (Pegaxy). Each race in the game is randomly assigned elements like wind, water, fire, speed, and others. To acquire Vigorous (VIS) tokens, users can also breed, rent, view, and race the Pega (horse).

It has a metaverse built on the Polygon/Matic Layer 2 Solution with a P2P and PVP rewarding mode. The game also made the transition to 3D compatibility and has future expansion plans.

Summing Up

Much attention has been paid to GameFi and P2E games’ ongoing success. Thanks to innovative landscape design and cutting-edge blockchain development technology, the gameplay in game projects has been enhanced.

GameFi’s future is promising, and company owners may use gaming to capitalize on the potential of the cryptoverse. It’s a fantastic time to push the limits of the existing GameFi sector and introduce top-notch game initiatives that raise the bar and aid in defining the future of blockchain gaming.
December 28, 2022
Ethereum London update explained – EIP 1559
Ethereum London update explained – EIP 1559

Why Ethereum EIP 1559 London update is important.

Ethereumunderwent a major update on 5th August 2021. This update, also referred as ‘London hard fork’ has risen the attention of the crypto community because it constitutes a big step towards the transition to Ethereum 2.0 and the Proof of Stake system (PoS).

What is Ethereum ‘London’ update?

The London Hard Fork are a set of five Ethereum improvement proposals (EIPs). EIP-1559, included in the London Hard Fork, aims to change speed and incentivisation of Ethereum mining.

There is no limit on Ethereum count as it is an inflationary cryptocurrency. Miners are rewarded with brand new coins every time they validate a block. They are compensated with the transaction fees that are paid by users.

Once the update is rolled out, miners will no longer receive income from transaction fees. This will reduce the supply and give Ethereum a much-needed boost. It would make transaction fees more predictable for those, who use this blockchain.

The upgrade will ensure that no amount of network congestion results in shooting up Ethereum gas price. This step of price transparency will single-handedly help increase the adoption of decentralised applications.

The benefits of Ethereum ‘London’ hard fork explained.

London hard fork should provide the following benefits to Ethereum:
- Save up to 90% of transaction costs
- Reduce unexpected wait times for transaction confirmations
- Disincentive selfish mining even if fees dominate rewards
- Disincentive selfish mining even if fees dominate rewards
Will Ethereum become a deflationary coin with EIP 1559 London update?

No, EIP-1559 proposal alone will not make Ethereum (ETH) deflationary. Befire London update, users had to must bid for how much they’re willing to pay
to have their ETH transaction picked up by a miner, which can be
extremely costly. Under EIP-1559, this process will be handled by an
automated bidding system with a set fee amount that fluctuates based on
how congested the network is.

The new ‘gas’ fee system after ETH update.

The other major change under EIP-1559 is that part of every transaction fee will
be burned, or removed from circulation, which will begin to reduce the
supply of ether and potentially boost its price.

That’s why, EIP-1559 is one of the most significant upgrades to Ethereum
since the network’s launch for the transition from a Proof of Work system to a Proof of Stake one. Only when this transition will be complete ETH should become a deflationary coin.

The difference between PoS and PoW.

Ethereum and Bitcoin are currently based on Proof of Work (PoW) systems. With a PoW model, miners (the people which has the computational resources – clusters – to extract cryptos) must compete to solve complex puzzles in order to validate transactions. On the other hand, on a Proof of Stake systems, transactions are validated by the coins (in this case ETH) that are ‘staked’ by users. For staking definition, you can check this article (How to benefit from the current Crypto boom).

The transition from ETH to ETH 2.0 (from PoW to PoS), is currently set for 2022 in case no other delays arise.
August 13, 2021
The Stock to Flow Model Explained – Bitcoin and Crypto S2F

Bitcoin Stock to Flow Model Explained – S2F

Bitcoin and the S2F model.

in this article we are going to explain the meaning and the use of the stock to flow model on Bitcoin prediction. In fact, this simple mathematical model was firstly introduced by Plan B and it is current on the model used for price prediction of Bitcoin value.

The Bitcoin Stock to Flow model explained.

The Stock to Flow model reports the price of Bitcoin ove the years. The price of Bitcoin is estimated according to the stock to flow ratio. In fact, it is not possible to copy or forge Bitcoins, and the total supply is
strictly limited. All transactions are written in blocks, i.e ‘the
blockchain’, and nobody can spend coins that belong to someone else’s
bitcoin address.

The scarcity influence on commodities like gold and Bitcoin.

The dictionary definition of scarcity is when something is difficult to come across in nature or in the lab; very similarly to precious metals. Once something becomes scarce enough, it can be used as a money. Stock to flow (SF) is defined as a relationship between production and current stock that is out there.SF=Stock / Flow

Bitcon Stock and Flow.

The stock-to-flow is the number that we get when we divide the total stock by yearly production (flow). It tells us how many years are required, at the current production rate, in order to produce what’s in the current stock. An example of stock-to-flow for metals is reported below.

S2F model explained.

We can see that price has continued to follow the Bitcoin stock-to-flow over time. TWe can project where price may go by observing the projected stock-to-flow line, which can be calculated as we know the approximate mining schedule of future Bitcoin mining.

The graph of Stock to Flow model.

The coloured dots on the price line of this chart show the number of days until the next Bitcoin halving (sometimes called ‘halvening’) event. This is an event where the reward for mining new blocks is halved, meaning miners receive 50% fewer bitcoins for verifying transactions. Bitcoin halvings are scheduled to occur every 210,000 blocks – roughly every four years – until the maximum supply of 21 million bitcoins has been generated by the network. That makes stock-to-flow ratio (scarcity) higher so in theory price should go up. This has held true previously in Bitcoin’s history. You can check the daily updated chart here.

The scarcity of Bitcoin explained.

The main core of Bitcoin is that supply is fixed and limited. New bitcoins are created with ‘mining’. However, the subsidy (the block rewards consisting of fees that a miner receives for extracting bitcoins) is halved every 210’000 blocks (about 4 years). These events are very important for Bitcoin trends as they reduce the supply growth rate (the stepped yellow line on the graph below). As you may appreciate the total amount of Bitcoin that can be extracted is not limitless, but there’s a limit of total 26 millions Bitcoin. The S2F model has been developed by Plan B. The model is based on the data of the last 2 halving of the period 2009-2019. According to PlanB, the price of Bitcoin should hit at least $100’000 by the end of 2021.

What is Bitcoin mining?

Bitcoin mining is the process of creating new bitcoin by solving a computational puzzle. Bitcoin mining is necessary to maintain the ledger of transactions upon which Bitcoin is based.

Bitcoin mining and transactions.

When computers solve these complex math problems on the Bitcoin network, they produce new bitcoin (not unlike when a mining operation extracts gold from the ground). And second, by solving computational math problems, bitcoin miners make the Bitcoin payment network trustworthy and secure by verifying its transaction information.

Bitcoin transaction explained.

When someone sends bitcoin anywhere, it’s called a transaction. Transactions made in-store or online are documented by banks, point-of-sale systems, and physical receipts. Bitcoin miners achieve the same thing by clumping transactions together in “blocks” and adding them to a public record called a blockchain. Nodes then maintain records of those blocks so that they can be verified into the future.

August 12, 2021