Jacob Okonya

Jacob Okonya is a young civil engineer and Bitcoin and Blockchain enthusiast.
He uses the digital currency since 2012 and has in-depth knowledge in Bitcoin mining and other cryptocurrency mining as well. He has been writing articles on bitcoin and crypto, as well as reads a lot of web content in Blockchain and Bitcoin technology and hopes to establish the first Blockchain community of Uganda.

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Articles

Nov 24, 2016 at 16:12
Business
eGaaS Testing Electronic Government as a Service
The blockchain platform for global government - eGaaS - is now testing the early release version of their system to analyse the system for faults and design suitable solutions to any loopholes as soon as possible before the platform is made available. At the same time, the company is currently conducting an initial cryptocurrency offering (ICO) to raise money to fund its activities.
Nov 22, 2016 at 15:35
News
How Would Satoshi Nakamoto Organise Voting On Segregated Witness?
Slush pool, the world’s oldest mining pool, is the only one to let its miners decide by way of voting on the proposed Bitcoin soft fork. All the other pools reserved this right for only top managers of the pools. CoinIdol.com collected the opinions of experts on the SegWit voting that began on the 19th of November 2016.
Oct 25, 2016 at 11:35
Business
What Happens When Bitcoin Mining Rewards Diminish To Zero?
Bitcoin  is the most popular cryptocurrency today with millions of transaction taking place every day. It is created by solving complex algorithms with sophisticated computers in an energy-intensive process termed bitcoin mining. However, there are only 21 million bitcoins that can ever mined.