redbag.io
May 23, 2020
Byzantine generals problem
In Web 1.0, one usually deals with “traditional” centralized systems. The system website consists of two parts, the browser (client) that displays…
April 25, 2020
Double Spend and Race Attacks on Cryptocurrencies
The double spend attack is the successful use of the same funds twice. Bitcoin is protected against a double spend attack because…
April 6, 2020
Crypto: Pump and Dump explained
The term originally comes from the stock market. There, it refers to a deliberate increase in the price of a share (pump)…
February 21, 2020
Definitive Guide to Bitcoin (for beginners)
New Bitcoins are mined by miners by solving cryptographic tasks. In the process, more blocks are added to the blockchain. (Hence the…
February 18, 2020
What is a blockchain?
If you bought a bitcoin for one dollar in 2011, you could have sold it for $19,000 in December 2017. Because of…