Bitcoin Academy
What Is a Satoshi? Understanding Bitcoin’s Smallest Unit
A satoshi is the smallest possible unit of Bitcoin, one hundred millionth of a single coin, named after…
Bitcoin Academy
Bitcoin Academy
Can You Buy Things With Bitcoin?
Yes, you can buy things with Bitcoin today, from coffee at a growing number of independent merchants to…
Bitcoin Academy
What Is Bitcoin Used For?
Bitcoin is used for far more than speculation: as a long-term store of value, a way to move…
Bitcoin Academy
Is Bitcoin Anonymous? Understanding Bitcoin Privacy
Bitcoin is often assumed to be anonymous, but it is more accurate to call it pseudonymous: every transaction…
Bitcoin Academy
Can Bitcoin Transactions Be Reversed?
Once a Bitcoin transaction receives enough confirmations, it cannot be reversed by anyone, not the sender, not a…
Bitcoin Academy
What Are Bitcoin Transaction Fees?
Bitcoin transaction fees are paid directly to miners, not to any company, and are calculated based on how…
Bitcoin Academy
How Long Does a Bitcoin Transaction Take?
How long a Bitcoin transaction takes to confirm depends less on distance or amount and almost entirely on…
Bitcoin Academy
What Is a Bitcoin Transaction? How It Works
A Bitcoin transaction is not a simple “balance minus amount” update like a bank ledger entry; it is…
Bitcoin Academy
What Is a Bitcoin Address?
A Bitcoin address is a string of letters and numbers that functions like an account number for receiving…
Bitcoin Academy
Who Controls Bitcoin? Understanding Bitcoin Governance
Nobody controls Bitcoin in the way a CEO controls a company, yet the network still changes and improves…