In this episode, the focus is on the role of incentives in blockchain technology, specifically in Bitcoin, to ensure network security. Two main consensus algorithms for providing these incentives are discussed: Proof of Work (PoW) and Proof of Stake (PoS). In PoW, miners use computational power to solve complex equations, thereby creating new coins and…
LocalBitcoins.com is a peer-to-peer service that allows people to connect with each other to buy and sell bitcoin ‘in person’. This term ‘in person’ is a broad term that doesn’t necessarily mean that the transacting parties have to be in the same geographical location or space-time continuum. Though it is not to say that they…
BitMari a blockchain startup incubated by BitHub Africa, has teamed up with the National Society of Black Engineers to bring you a unique opportunity to tackle financial challenges across the global African Diaspora. Through its iLoveBlackPeople bus tour, BitMari has been inviting undergraduate students, graduate student, and professionals across all fields, including developers, designers, product developers, and…
In this episode we discuss how the Melanin Solar project uses blockchain technology and CPU mining to enable community members to trade electricity. Utilizing the Lightning Network and the Whive protocol, the system allows energy to be stored and shared as digital tokens. Over 2,000 people are expected to gain affordable power access through this…
Blockchain is a booming sector with ample opportunities waiting for you in the market. If you think you have the right skill sets to work in Blockchain domain and wish to get adapted to this trending wave, then you should be able to take the necessary actions to enjoy the power of this revolutionary platform.In…
Welcome to BitHub Africa the first Blockchain Accelerator catering to Africa’s needs. We are driving the adoption of Blockchain technology like Bitcoin across the African continent. Our Mission is to spread information and knowledge on the cutting edge Blockchain technologies emerging within the Global marketplace with the aim of solving problems here in Africa. Our Goal…
