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Bitcoin Escrow Service

The bitcoin escrow service acts as a neutral third party between buyer and seller when doing business online. An escrow service is specially needed when making payments, buying things online, doing bitcoin exchanges on forums and similar. Since bitcoin transactions are irreversible many use escrow services.

An escrow service provides safer transactions by holding buyer’s coins in escrow which are released after both parties are satisfied. Some services also offer dispute resolution/mediation within escrow service. An escrow service protects seller and buyer.

Bitcoin Mining

Bitcoin mining is legal and is accomplished by running SHA256 double round hash verification processes in order to validate Bitcoin transactions and provide the requisite security for the public ledger of the Bitcoin network. The speed at which you mine Bitcoins is measured in hashes per second.

The Bitcoin network compensates Bitcoin miners for their effort by releasing bitcoin to those who contribute the needed computational power. This comes in the form of both newly issued bitcoins and from the transaction fees included in the transactions validated when mining bitcoins. The more computing power you contribute then the greater your share of the reward.

Blockchain Software Developement

Bitcoin Blockchain is the technology backbone of the network and provides a tamper-proof data structure, providing a shared public ledger open to all. The mathematics involved are impressive, and the use of specialized hardware to construct this vast chain of cryptographic data renders it practically impossible to replicate.

All confirmed transactions are embedded in the bitcoin blockchain. Use of SHA-256 cryptography ensures the integrity of the blockchain applications – all transactions must be signed using a private key or seed, which prevents third parties from tampering with it. Transactions are confirmed by the network within 10 minutes or so and this process is handled by bitcoin miners. Mining is used to confirm transactions through a shared consensus system, and usually requires several independent confirmations for the transaction to go through. This process guarantees random distribution and makes tampering very difficult.

Icons

YOOtheme is a well-known template and extension provider for Joomla and WordPress who helps you to create professional websites. But to make your website or interface design a real eye-catcher there was one thing missing: Icons! Icons are an essential tool to simplify user interfaces and today almost every major website uses icons to highlight important parts in their content.

This is why we created a great resource of beautiful and handcrafted icons for web and print projects. We got commercial icon sets including e-commerce, community, hosting and tool icons and many more as well as many freebies.

As a member of our icon club you will get access to hundreds of handcrafted and detailed icons.

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