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Interview with Javier Aguilar Saavedra CEO of RemiBit

Interview with Javier Aguilar Saavedra, CEO of RemiBit

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To start, could you introduce us to what RemiBit is and what it is trying to achieve? RemiBit is a non-custodial cryptocurrency payment gateway for merchants and professionals. You can use it for many types of crypto-related activities: request crypto, send crypto, receive crypto, exchange crypto for fiat, store crypto. One of the main characteristics of RemiBit is that the crypto passes from the buyer to the merchant directly, in a...

Blockchain, Cryptocurrencies, Exchanges

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Angel Investor

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An angel investor contributes funds to a startup firm in its early phases of growth. Unlike venture capitalists, who are usually tied to a professional venture capital business and invest a pooled money, angel investors are people who take risks on their own and fund a project they believe in. Angel investors are frequently compensated with shares in a startup in exchange for their support. If the enterprise succeeds, angel investors will...

Blockchain, Glossary

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number go up - to the moon

What is Bitcoin’s Number Go Up technology?

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The ‘Number Go Up’ has an interesting origin from the world of Bitcoin memes and Twitter discussion, where it is often referred to as NgU technology. Number Go Up technology refers to Bitcoin’s difficulty setting feature and strictly limited supply of 21,000,000 (twenty-one million units). Given the extreme scarcity of Bitcoin and the inability to copy it, this causes the price of Bitcoin to go up. When did the...

Bitcoin, Cryptocurrencies, Featured, Main

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Genesis Block

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The first block of a blockchain is known as a genesis block, and it is normally hardcoded into the application’s program. Many “bits” (containing authenticated transactions and operation data) are joined together by a metaphorical chain in a blockchain. ¿What did the Bitcoin Genesis Block say? Genesis blocks are particularly important because they are the backbone of a blockchain and often contain fascinating stories...

Ethereum, Glossary

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GPU mining

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GPU mining is a cryptocurrency mining method that uses graphics processor units (GPUs) rather than the central processing units (CPUs) that were used in the early days of the blockchain industry. The Radeon HD 5970 GPU-miner, for example, can process 3,200 32-bit instructions per clock.  This reflects an 800-fold improvement in power over a CPU’s four 32-bit instructions per clock. GPU mining is much more effective for...

Blockchain, Glossary

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