Bitcoin

Silk Road: did the Dark Web make Bitcoin famous?

Long before Bitcoin became a household name, […] it was known for something far darker, the Silk Road.

But in 2021, that dominance came to an abrupt and dramatic end. The Chinese government, officially banned all cryptocurrency mining and trading.

In the early days of crypto’s rise, one project promised to make everyone rich, fast. It was called Bitconnect.

On August 1, 2017, a group of miners and developers decided to break away. They launched a new blockchain, its name was Bitcoin Cash (BCH).

Cross-chain bridges let users move assets or data between different blockchains, enabling interoperability across otherwise separate networks.

Blockchain forks are splits in a blockchain’s code or history, creating separate versions; either temporary (soft fork) or permanent (hard fork).

Scalability is the ability of a blockchain or system to handle increasing numbers of transactions or users efficiently without performance loss.

Bitcoin halving is a scheduled event where mining rewards are cut in half, reducing new supply and controlling inflation.

Transaction fees are charges paid to process and validate transactions on a blockchain network.