Showing posts with label Bitcoin. Show all posts
Showing posts with label Bitcoin. Show all posts

Saturday, August 24, 2024

Which of these is better Bitcoin, Ethereum or Solana?

If you are wondering like me which of the crypto currencies are better, the answer is not simple. It depends on a number of things difficult to organize and analyze. 

Here is a picture summarizes what they are.



Wednesday, September 5, 2018

How do you install bitcoinlib for Python?

Python is well placed to work with Bitcoin. GitHub site has the required libraries.  Bitcoinlib is available at GitHub.

You need to get this file (bitcoin-master.lib)from GitHub site

https://github.com/cryptean/bitcoinlib

You can install using pip as shown below.

pipinsallbitcoin

The following library items are added:


BitcoinLibPython_1


Is there a Microsoft bitcoin storage application?

There is one in fact, it is called the Microsoft bitcoinwallet. You can find all about it here:

https://microsoft.bitcoinwallet.com/



bitcoinwallet_9

If you register to get a bitcoinwallet for yourself then your web interface for transactions will be:

https://.bitcoinwaller.com

If someone sends you some bitcoins then there is a digital address (shown in red that will be specific to each wallet owner) that they need to use while sending the bitcoins.

The important thing to note is that you need to have a bitcoinwallet before you buy bitcoins. You need to have bitcoins in your wallet before you can sell bitcoins.


What is Kraken?

If you have been watching Bitcoin development you surely would have heard of Kraken. This San Francisco based company started operating internationally in 2011

Kraken_2

Kraken is a Bitcoin exchange where Fiat Currency as well as Digital currency can be exchanged. That is to say, you can send them US$, Japanese Yen etc. and get digital currency such as Bitcoin.

You can store your Bitcoin/Fiat currency on the Kraken site, but you should pull it into your own Bitcoin Wallet as your own wallet may provide a greater level of security than a web site can offer.

This is a Kraken summary info found on CoinCentral.com site.


Key features of Kraken from Kraken site.


Wednesday, August 29, 2018

How much does a 'satoshi' cost?

It depends on the day and time you want to know the conversion rate. Satoshi is the unit of Bitcoin.


Satoshi_1 from site below

You can get the conversion rate here:
https://99bitcoins.com/satoshi-usd-converter/

I just tried to find today (8/29/2018 around 5.00 PM Hawaiian time).


Satoshi

Thursday, October 12, 2017

Which Bitcoin wallet is good for Windows OS?

There are lots of options and that will depend on the device you will be using (Desktop, web, Smartphone, etc.). For Windows phones there is just one option-

Coin.space

But if you are transacting from desktop there are more options.

I may go for Electrum, a personal choice.

There are lot more options for iPhone and Android phones.