Quantum computers and the Bitcoin blockchain

 One of the most well-known applications of quantum computers is breaking the mathematical difficulty underlying most currently used cryptography. Since Google announced that it achieved quantum supremacy there has been an increasing number of articles on the web predicting the demise of currently used cryptography in general, and Bitcoin in particular. The goal of this … Read more

Income tax on Bitcoin & its legality in India

 What is bitcoin? Bitcoin is one of the earliest forms of cryptocurrency, forming part of the worldwide peer-to-peer payment system.  Cryptocurrency is digital money. It is considered to be more secure that the real money. Cryptocurrency uses something called cryptography to secure its transactions.  Cryptography, to put it in simple words is a method of converting comprehensible … Read more

The Bitcoin Crash of 2021 Compared to Past Sell-Offs

 Bitcoin’s Latest Crash: Not the First, Not the Last While bitcoin has been one of the world’s best performing assets over the past 10 years, the cryptocurrency has had its fair share of volatility and price corrections. Using data from CoinMarketCap, this graphic looks at bitcoin’s historical price corrections from all-time highs. With bitcoin already down ~15% from … Read more

The difference between Bitcoin and blockchain for business

Are Bitcoin and blockchain the same thing? No, they aren’t. However, they are closely related. When Bitcoin was released as open-source code, blockchain was wrapped up together with it in the same solution. And since Bitcoin was the first application of blockchain, people often inadvertently used “Bitcoin” to mean blockchain. That’s how the misunderstanding started. Blockchain … Read more