There are many unique considerations that potential bitcoin investors need to be aware of.
There are many advantages to using bitcoin for everyday or occasional transactions, but it can still be difficult to leverage the cryptocurrency in the same way as fiat currency.
Bitcoin is legal in most countries and for most purposes, but there are some countries that have banned Bitcoin, as well as restrictions that have been placed on Bitcoin use.
On the Bitcoin blockchain, mining allows transactions to be recorded to the blockchain in a verifiable way and also enables the minting of new bitcoins.
Bitcoin is the original and most popular cryptocurrency.
Proof of work (PoW) is the consensus algorithm used in the Bitcoin network, as well as many other blockchain networks.
SegWit, or Segregated Witness, is an update to the Bitcoin protocol that removes signature data from inside a block to allow for more transactions to fit in each block.
In the context of information security, a hash is the result of a mathematical process to turn input data of any size into output data of a fixed size.
The Lightning Network is a second layer payment protocol that operates on top of the Bitcoin blockchain.
2018 BTC Inc.