Search the Community
Showing results for tags 'bitcoin'.
Found 3 results
First of all, what is a Cryptocurrency ? Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. To put that in plain words a cryptocurrency (Ex: Bitcoin) is an electronic cash system that uses peer-to-peer network to prevent double-spending. It is 100% and completely decentralized, meaning that it uses no server to send or receive transactions, nor does it have a central authority. What are Cryptocurrencies really? If you take away all the noise around cryptocurrencies and reduce it to a simple definition, you find it to be just limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but, believe it or not: this is exactly how you can define a currency. For example : The money in your bank account: What is it more than entries in a database that can only be changed under specific conditions? You can even take for example physical coins and notes: What are they else than limited entries in a public physical database that can only be changed if you match the condition than you physically own the coins and notes? Money is all about a verified entry in some kind of database of accounts, balances, and transactions. The transaction is known almost immediately by the whole network. But only after a specific amount of time it gets confirmed. Confirmation is a critical concept in cryptocurrencies. You could say that cryptocurrencies are all about confirmation. As long as a transaction is unconfirmed, it is pending and can be forged. When a transaction is confirmed, it is set in stone. It is no longer forgeable, it can‘t be reversed, it is part of an immutable record of historical transactions: of the so-called blockchain. Revolutionary properties ! If you really think about it, Bitcoin, as a decentralized network of peers which keep a consensus about accounts and balances, is more a currency than the numbers you see in your bank account. What are these numbers more than entries in a database – a database which can be changed by people you don‘t see and by rules you don‘t know? I want you guys to post your opinions about cryptocurrencies and how do you think it will impact the world and the global economy in the near and distant future. Credit : BlockGeeks | Wikipedia
Maybe some of you knows this project as "Kryptokombat". I decided to change the type of game to a free satoshi faucet where you can win free bitcoins without dealing with your own coins! The Project Page: http://hitcoin.cf Point of the Game: - Just enter your ePAY wallet adress and place your bet on the right fighter. you can win free satoshis on every battle. - losers will also win a small amount of satoshis like a consolation reward. - every battle involves up to 3 rounds. just wait until the battle ends to win your free satoshis. - your reward gets stored on our site as long as you reach the withdraw limit. - you can transfer your satoshis directly to your wallet provider when you reach this limit. - you can find more informations about the "game" in the FAQ tab on our site. Supported Wallet Providers: - http://www.epay.info - https://faucetbox.com (will be added in the future when we have enough funds to fill this wallet) Possible Rewards: 10-200 satoshis every round. (dynamic rounds. under 10 minutes!) consolation reward: 2 satoshis we will change the possible reward based on the coins we have. more users means more free coins for you! Screenshot: We are trying to create the possible funds for your rewards with Ads. So please turn off your AdBlocker while you are on our site.
Hi guys, Everyone loves free to play and everyone knows that a video game studio can survive if they sell ingame goodies, skins ... In your opinion what are the most suitable solutions to get a Payment system quickly? For my part, I know PayPal which caused me many problems with lots of fees and difficult API solutions. There are also credit cards. I asked my banker, he told me that I had to forecast budgets for my company and this could take several months, but video games are in a risk class among banks.... Obtaining a credit card payment system is very difficult for a small company. Do you know the Bitcoin? Apparently this could be the best solution to obtain a free, fast and secure payment system that can be used unrestricted worldwide in addition to having a zero risk of chargebacks. We would like to know what you think about it and what would be the best solution in your mind? From our side we will try the free Bitcoin payment sytem with the services of Coinzone, which allow to exchange bitcoins against euros or dollars. Please found below the Coinzone sign up link , for those who are interested: https://merchant.coinzone.com/signup?campaign=bitcoinsolution We will keep you updated on its use. See you soon!