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. […]

What is Stellar Lumens (XLM) – Part 2

In part 1 of What is Stellar Lumens (XLM), we explained quorum slices in the Stellar Consensus Protocol (SCP). What is Stellar Lumens (XLM) – Part 2, we will cover the federated voting process of SCP and recent developments of Stellar. Federated Voting process Nodes within the SCP reaches consensus with the federated voting process. […]

What is Stellar Lumens (XLM) – Part 1

Welcome to What is Stellar Lumens (XLM) – Part 1. Stellar Lumens are the native asset of the Stellar Network. The creation of 100 billion lumens was with the launch of Stellar network in 2014. Like  Ripple, Stellar Lumens is a mining-free crypto which allows near-instant and low-cost transactions. While Ripple was created specifically to […]

What is XRP?

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network. It aims to enable fast cross-border payments with low transaction fees and all of the other benefits of digital currencies. We’re able to verify transactions on the system by consensus among members of RippleNet. The design is such that it can handle […]

What is Bitcoin Cash?

Background Bitcoin Cash (BCH) is a cryptocurrency that had a hard fork from Bitcoin on 1st August 2017, with the aim to speed up transaction time and cost. Towards the end of 2017, Bitcoin transactions reached an all-time high and its 1MB block size were a concern for many users. Unconfirmed transactions started to pile […]

Encryption & Wallet Addresses

Encryption and Digital Wallet Addresses are one of Bitcoin and Cryptos greatest strengths. Cryptography is in cryptocurrency’s name, we apply it in the security that Encryption and Wallet Addresses provide. In this section we’ll explain how encrypt crypto currency is, and what a digital wallet address is. Hashing Explained: Hashing is an essential part of […]

How does Bitcoin Mining Work?

How Does Bitcoin Mining Work? How does Bitcoin Mining Work? Bitcoin and Crypto mining is the process in which you can obtain new digital tokens that are released. You can mine a block about every 10 minutes, the current return is 6.25 bitcoin per block. It currently takes significant computational power to mine bitcoin and […]

Voting & Bitcoin Improvement Proposal (BIP)

Bitcoin Improvement Proposal (BIP) and voting is part of Bitcoin’s system where anyone in the developer community can make a proposal and miners vote on it. We determine voting power by the hash power a miner has on the network, and proposals fall under three primary categories. We call the infrastructure used for voting Bitcoin Improvement […]