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Litecoin CryptoCurrency for Dummies

Written by Kevin, The Bitcoin Guru
Sep 04, 2018
Litecoin is an open source, universal imbursement network that is completely dispersed as no central authorities are in charge of it. It has a faster transaction corroboration period and superior storage competence than the pioneering currency based on the similar concept.  It has been released under the MIT/x11 license which empowers you to run, adjust and replicate the software and to dispense it. The software is released in a transparent process which involves independent verification of bi...

Ethereum: an Alternative to Bitcoin?

Written by Kevin, The Bitcoin Guru
Aug 22, 2018
Ethereum is a virtual coin and the platform issuing Ethereum (ETH) is also known by the name Ethereum. Like Bitcoin, Ethereum is also created by an individual, a computer programmer by profession in late 2013 after the 5 years of the launch of Bitcoin. The name of the programmer was Vitalik Buterin. Although it was launched in 2013, the formal development of the platform was kick-started in 2014 by a Swiss company. The fund for the project was generated through crowd sale of the pre-mined 11.9mi...

Bitcoin: A New Age Money

Written by Kevin, The Bitcoin Guru
Aug 16, 2018
In 2008, Satoshi Nakamoto created the Bitcoin and released it in January 2009 as an open source of software to be mined by people. He himself mined at least 1 million Bitcoin and disappeared in 2010. He had given the control of the repository in the hands of Gavin Andresen. The Bitcoin Foundation was created to take care of the whole process and Gavin Andresen became the lead developer of Bitcoin. Initially, the price of one Bitcoin was $0.30 and gradually it gained momentum and had even reached...

3 Case Studies on How Bitcoin Payments Helped Boost Online Sales

Written by Kevin, The Bitcoin Guru
Apr 11, 2018
Hey there! It’s me - Kevin, your dedicated Bitcoin Guru once again. How have you been? Have you been thinking about what we talked about last time? In my last article, we learned about all of the good things that happen to e-commerce businesses just like yours when they start accepting payments in the world’s leading cryptocurrency, Bitcoin. Namely, I shared with you how accepting Bitcoin can:Attract very unique customers to your businessIncrease your average checkout valueLower your transac...

Why Should You Start Accepting Bitcoin Payments Now

Written by Kevin, The Bitcoin Guru
Nov 20, 2017
So, as I’ve mentioned in my last e-mail, I’d like to introduce you to the world of Bitcoin payments, and why should you consider accepting them for your business. See, it’s not just the big household names like Microsoft and Dell that are using Bitcoin to process payments anymore. Small and medium-sized businesses are rapidly jumping on board as well, with well over 100,000 businesses in the U.S. and over 260,000 enterprises in Japan already implementing the cryptocurrency. Now, you may ask, w...