Moreover, the energy consumption of Bitcoin can easily be tracked and traced, which the same cannot be said of the other two sectors. Those who defend Bitcoin also note that the complex validation process creates a more secure transaction system, which justifies the energy usage. On the flip side, countries like China have moved to […]
TPS measures the number of transactions a system or network can process in one second, providing a crucial benchmark for evaluating its performance and scalability. As blockchain technology continues to evolve, blockchains are getting faster and faster– and transactions per second (TPS) is currently the most popular measure of blockchain speed. However, if instead we […]
That’s a tough pill to swallow, especially since the Tomo Credit Card is marketed to those with no credit or who want to build their credit. Some alternatives don’t charge monthly or annual fees, and it would be nice to see Tomo Credit follow suit. Moreover, because you can’t carry a balance on the card […]
Putting the word “bitcoin” in to the SHA256 hash function (and using that as your private key) is not going to be secure. Cryptocurrency private keys are randomly generated numbers that can be one of 2256 possibilities. Generally, they are 256 digits long, but for simplicity, private keys are usually expressed in hexadecimal form. A […]