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Blockchain essentials (page 2)

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Monero. Features and Benefits
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30 Oct 2020
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7545
In 2012, the first cryptocurrency was created using the CryptoNote protocol — Bytecoin. It was an attempt to implement anonymity in cryptocurrencies, but the project ran into a number of problems. As a result, in 2014, the developers decided to create a fork of Bytecoin. This is how the new cryptocurrency Monero was born.
Why is my bitcoin transaction not confirming?
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28 Oct 2020
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6437
The problem of calculating the transaction confirmation time mainly consists in the inconsistency of the period of the release of new blocks. If the blocks came out exactly every 10 minutes (even with an error of 1-2 minutes), then it would be possible to relatively accurately estimate the time after which the transaction would have 1 confirmation.
Bitcoin address formats and performance comparison
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12 Oct 2020
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6688
Bitcoin address formats and performance comparison. There are 3 types of addresses: P2PKH, P2SH and P2WPKH. AvanChange uses Bech32 addresses by default, as our team is committed to introducing new technologies. Read more in this article.
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