BitWell College

What Are Nodes?

The definition of a node may vary according to the context. When it comes to computer or telecommunication networks, nodes may act either as a redistr…


Bitcoin Scalability

What is scalability?

Scalability is a measure of a system’s ability to grow to accommodate increasing demand. If you host a website that’s overrun…


How can I store my bitcoin?

There are many options to store coins, each with their own strengths and weaknesses.

Storing your bitcoin on BitWell

A custodial solution refers…


Crypto Wallet Types Explained

What is a crypto wallet?

In short, a crypto wallet is a tool that you can use to interact with a blockchain network. There are various crypto walle…


The Bitcoin Halving

What is the Bitcoin halving?

A Bitcoin halving (also called a Bitcoin halvening) is simply an event that reduces the block reward. Once a halving o…


Where Do Bitcoins Come From?

How are new bitcoins created?

Bitcoin has a finite supply, but not all units are in circulation yet. The only way to create new coins is through a…


What Is Bitcoin?

Bitcoin is a digital form of cash. But unlike the fiat currencies you’re used to, there is no central bank controlling it. Instead, the financial syst…


What is blockchain?

Don’t be spooked by the technobabble that people use to describe “blockchain.” A blockchain is just a database. It isn’t a particularly sophisticated…