Learn Crypto with Bit.Fan Academy
From beginner to advanced — master exchanges, wallets and blockchain essentials
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What Is a Bitcoin Address?
A bitcoin address is the public string used to receive BTC. Learn how it works, where to find it, and what to check before sending funds.
Where to Buy Bitcoins: Your Main Options
Where buy bitcoins depends on what you want to own: actual BTC or price exposure. Start with channel type, then compare control and risk.
What Is a Bitcoin Wallet Address?
A bitcoin wallet address is a public receiving identifier, not a private key. Learn how it works, how to find it, and how to store access safely.
How to Earn Bitcoin: Practical Ways to Get Paid in BTC
How to earn bitcoin starts with offering work, content, services, or cashback-based value in exchange for BTC instead of chasing “free” coins.
How to Store Bitcoin Safely
How to store bitcoin starts with private key control. Learn wallet types, storage trade-offs, and a practical checklist for safer custody.
What Is a Self-Custodial Wallet (Non-Custodial Wallet)?
A self-custodial wallet, also known as a non-custodial wallet, is a type of cryptocurrency wallet that allows users to manage their private keys and have direct control over funds stored on a blockchain network. TL;DR Self-custodial wallets allow users complete control over their private keys and crypto assets. Setting up a self-custodial wallet does not require the user to share any personal information with a third party. DeFi and GameFi platforms often require self-custodial wallets because they allow users to interact directly with smart contracts and decentralized applications. In the early days of cryptocurrency, all wallets were self-custodial. Today, this type of wallet may not be a good choice for new users who don’t understand asymmetric cryptography’s role in blockchain transactions.
What Is Tokenization in Blockchain?
Tokenization is converting real-world assets or rights into digital tokens on a blockchain. These tokens represent ownership or a stake in the asset and can be easily traded or transferred within the blockchain ecosystem. This process is very important because it guarantees enhanced security, ensuring that ownership and transactions cannot be tampered with through blockchain technology. Tokenization also improves efficiency since it reduces costs and eliminates intermediaries, streamlining the transfer of assets. This process improves liquidity because tokenization enables fractional ownership, making traditionally illiquid assets like real estate or art accessible to a broader audience and easier to trade.
What Are Bitcoin Blocks?
What Is a Block in the Crypto Blockchain? The easiest way to understand blocks in Bitcoin or other chains is to think of them as virtual containers. Each container can hold a certain amount of data. That data is generally transactions in Bitcoin, but other blockchains may include other data types. For example, in a supply-chain blockchain, blocks might contain data regarding when grain left the farm and any relevant data that aids others in the supply chain. In short, blocks hold data and provide a time stamp, i.e., X happened before Y and Z. In financial transactions, this timestamp becomes essential to prevent double-spending. For example, Alice has 1.5 bitcoins and sends one bitcoin to Bob. The Bitcoin blockchain records the transaction in a block. Alice can’t send another bitcoin to Bob until she receives more Bitcoin after sending the first one. The blockchain knows she has 0.5 bitcoins now. The Bitcoin block below holds 5,854 transactions and links to the previous block as part of the Bitcoin mining algorithm. In total, 863,093 blocks have been mined (plus the Genesis Block – Block 0), all forming a chain. bitcoin block example
