HK’s First Approved Crypto Fund

HK’s first approved crypto fund Arrano Capital, the blockchain segment of Venture Smart Asia Limited announced launching Hong Kong’s first regulated virtual asset fund. The fund uses a traditional structure to provide ‘professional investors’ as defined by the Securities and Futures Ordinance access to Bitcoin and other Cryptos. The SFC issuing this license to manage virtual funds […]

What is Sharding?

TLDR: Bitcoin & Ethereum are slow networks. Sharding can divide the mining capacity into small shards, each capable of processing transactions in parallel. Sharding = Speed! A Solution for Blockchain Scalability The lack of scalability, meaning the blockchain is only capable of processing a few transactions per second, is a major bottleneck for blockchain technology […]

Weekly Trader Insights #01 – 27/3/2020

Crypto saw a slight bounce over the past week along with other asset classes. Markets saw some relief mostly due to an aggressive stimulus package from the US. While nations continue efforts to mitigate the impact from the Corona outbreak.   Bitcoin’s hashrate continues its downtrend in a weaker environment for miners. With mining difficulty […]

How do Digital Wallets & Cold Storage Work?

Wallets: Public & Private Keys How do Digital Wallets and Cold Storage work? Digital Wallets and Cold Storage are how and where you store the information that states you own cryptocurrency on a given block chain. This is where you can keep your Public and Private Keys. Digital Wallets and Cold Storage are important for your […]

What Are Nodes?

The Bitcoin network consists of many nodes, any computer that connects to the bitcoin network falls under this category. Nodes are important to the peer-to-peer infrastructure Bitcoin is built on. Different nodes serve different functions, the most basic being the process of block confirmation. We can define a ‘full’ node best as any computer with the […]

What is OTC Trading?

What is OTC Trading? Over-The-Counter or OTC Trading in the context of Bitcoin and crypto, are private deals for buying or selling crypto. Because these transactions are not conducted on regular exchanges, there is no public order book. This provides increased privacy for both buyers and sellers. The biggest appeal for OTC users is the […]

How is Bitcoin Different From Fiat?

How is Bitcoin different from Fiat? First, let’s talk about what Bitcoin is. Bitcoin is a new form of currency called ‘cryptocurrency’ that is not backed by any government and can store value. Crypto currencies use blockchain technology which acts as a public ledger to confirm and validate transactions. Above all Bitcoin is finite, only […]

A simple guide to set up your TREZOR One wallet

A simple guide to set up your TREZOR One wallet Genesis Block is dedicated to growing and educating the community. We strive to provide people with industry best practice information as well as industry best practice tools. Cold Storage Wallets are a great secure way to store your Bitcoin and Cryptos. We sell these devices […]

What is a database?

At its simplest, we can define a database as a systematic collection of data. Organisations use a database management system (DBMS) to access a database, store, retrieve and update data in a computer system.     The use of databases is for a variety of reasons: – Hospitals – Patient records – Government – Tax […]

Beginner’s guide to Privacy Coins

What Are Privacy Coins? This is the Beginner’s guide to privacy coins. We can trace back and identify every Bitcoin related to illegal activity. Therefore, some people use a Bitcoin mixer, for example, bestmixer.io to make transactions untraceable and fungible. It can distort  the trail from the original source but it is not completely untraceable. […]