Circle.com is a bitcoin wallet site that allows you to buy bitcoins using a credit or debit card. Until today it was in an invite-only testing phase where only a select few could use it. Today it has opened up to the general public and people around the world can now go there and buy bitcoins using their Visa or Mastercard.
Dell has started accepting bitcoin payments on its website.
You can now see the latest bitcoin exchange rates on google search engine!
Bitcoin is an interesting evolution in payment solutions. It is decentralized, open to everyone on the planet and backed by the most powerful distributed computing network in the world. But why does Bitcoin matter to Pakistan?
Electrum is a deterministic wallet where all bitcoin private keys are derived from a single seed. That means that you only have to backup the seed once and it’s good for life. It also means that should the seed be compromised all your bitcoins can be stolen. So let’s look at how electrum seeds are created and secured.