Arman The Parman

Blog Info Bitcoin Magazine
Blog website Link
Stats Has written 7 posts about cryptocurrency

Jan 10 2022

How To Use A Bitcoin Hardware Wallet

This guide to using a bitcoin hardware wallet explains everything you need to know to securely store and control your bitcoin.This is not a guide on the most advanced security for your bitcoin holdings. It is an easy way to improve on what most people do. It is not about any one type of hardware wallet, but hardware wallets in general.Aiming...

Dec 17 2021

Bitcoin Futures Markets Explained And The Defense Against Bitcoin Price Manipulation

The futures market has been a hot topic of late, but it can only have so much impact on the price of bitcoin.The ProblemEnemies with unlimited cash (The Federal Reserve Board or the International Monetary Fund, for example), can suppress the price of bitcoin; here, I demonstrate why their suppression can have only temporary effects. Exactly what price suppression can achieve,...

Dec 12 2021

Bitcoin Security: Trustless Private Messaging With Public And Private Key Cryptography

Message privacy, increasingly important to Bitcoiners, can be achieved with public and private key cryptography.As a Bitcoiner, you’re going to need a secure way to communicate privately, without relying on a company to encrypt your data for you. For example, freely available methods with end-to-end encryption like Telegram (not with its default option) and Signal and others are easy to use, but...

Dec 07 2021

A Comprehensive Bitcoin CoinJoin Guide

Everything you need to know about utilizing CoinJoin in your bitcoin transactions.PreliminariesTo understand CoinJoin, it would help to understand UTXOs (unspent transaction outputs) and Bitcoin transactions. You can skip this section if you know enough about these, but it may be valuable to read it anyway.Bitcoin TransactionsIn simple terms, a Bitcoin transaction is made up of inputs and...

Aug 26 2021

DIY Bitcoin Private Key Project

In this fun tutorial, you will learn how to generate your very own bitcoin private key.This is a fun project that will help you understand Bitcoin keys better. You'll need a pencil, paper, something to generate random output in binary (like a coin) and a computer. The purpose here is to get you doing something which will help you learn a lot,...

Aug 03 2021

Six Reasons Why You Should Run Your Own Bitcoin Node

Aug 03 2021 Published at Bitcoin Magazine under tags  bitcoin node culture network node

Here’s why it's necessary to participate in the Bitcoin Core network of nodes, for six simple reasons.Let me explain quickly that a Bitcoin node is any computer which runs a piece of software (Bitcoin Core) that has some important jobs: Your Bitcoin node needs to keep a copy of the entire Bitcoin blockchain. It has to connect with other nodes, forming a...

Jul 29 2021

Six Reasons To Withdraw Your Bitcoin From Exchanges

Here’s why you need to hold the keys to your own bitcoin and never store large amounts on exchanges.#1 – If your coins are on an exchange, you need permission from the exchange to spend them. In your own custody, you can do whatever you want and pay whomever you want, whenever you want, at the fee you want.You will understand...

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