Welcome to the Blog section of the BCAM

Here, members of the Blockchain Academie Mittweida publish about Blockchain and point out news, results and innovations.

Review on Decentralized Storage Services

Data stored at a centralized location such as data centre are vulnerable to single point of failure. It requires user to trust the storage provider that his data would not be tamper. Such systems are also exposed to Denial of service attack, filtration attack, data breaches, etc. Moving on to

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Calculation of Bitcoin Transaction Fees Explained

In this article, we will explain what bitcoin transaction fees are and how they are calculated. Bitcoin transaction fees are paid whenever the owner of bitcoins wants to make a transaction. They are an incentive for the miner to include the transaction in the next mined block on the blockchain.

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What is BIP39? And Why Should You Care?

The Bitcoin Improvement Proposal 39 (BIP39) introduced so-called mnemonic code or phrases. A mnemonic code describes a group of easy-to-remember words that are used for the generation of deterministic wallets. With these words, it is possible to regenerate private and public keys of a Bitcoin wallet. For the user, it

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