Connect with us
728x90 banner available here

Latest News

How to Make Bitcoin Transactions?

Published

on

Reading Time: 3 minutes

 

Bitcoin today is still one of the hottest cryptocurrencies on the market and is definitely one of the most talked-about virtual currencies. Also, Bitcoin’s market capitalization has surpassed $650. 07 billion.

Needless to say, the crypto market is booming, and Bitcoin is the central aspect of this growth. If you’re new to BTC transactions and wondering how to get started because all this is too confusing for you, in this article, we explain in more detail what BTC transactions are.

Bitcoin – Virtual Currency

Bitcoin is a decentralized digital currency that was developed as a means to transfer money over the Internet without an intermediary. It operates differently from traditional currencies because it is based on the blockchain network.

Moreover, this is a decentralized, peer-to-peer database where the BTC transactions are added to a so-called blocks of transactions, which are linked via cryptography in the network.

After a BTC transaction is recorded in the system, it’s not possible for the details of the transaction to be changed by any user. This makes every BTC transaction irreversible in the network.

Plus, there is complete transparency regarding the information about the transactions in the network in order to ensure there is total security in the network. Otherwise, the identity of the users is confidential.

Elements of BTC Transactions

The main elements of every BTC transaction are a transaction output, input, and designated amount. The input is the BTC address which is the address of the Bitcoin wallet from which the transaction was initiated. The second part is the output, specifically the other Bitcoin address of the receiver.

It should be noted that for each BTC transaction is necessary for both parties to have their own Bitcoin wallets. A bitcoin wallet is a software where the Bitcoin tokens are stored, and each Bitcoin wallet has its own set of private and public keys, which are required for any BTC transaction.

For example, if you want to trade on an online trading site, it’s important for you to invest in a good BTC wallet. There are great automated trading sites like BitcoinProfit.org where you can invest in BTC, and you can also exchange your BTC for other cryptocurrencies. If you want to create an account, you only need $250.

The Bitcoin address is actually a hashed version of your public key. Moreover, the private key is seen as a unique string of characters that are paired with your public key, and the private key is necessary for you to sign your BTC transaction.

The Blockchain Network

When you want to make a BTC transaction and send BTC to another user, your Bitcoin wallet will create a transaction output which is basically the address of the user you want to send BTC to. After you have initiated the transaction on the blockchain network, the transaction will be recorded on the system, and the information regarding your Bitcoin address will be registered as a transaction input while the transaction output will be the person’s Bitcoin address.

The transaction is processed by the miners on the network. When you want to make a transaction, you also need to take into account the transaction fees that you will need to pay in order for your BTC transaction to be completed on the network.

Amount of BTC
When it comes to the amount of BTC that you can send, you can actually send satoshis via the network. But obviously, you cannot send one satoshi, as it is only 100 millionth of one Bitcoin. The minimal number of BTC tokens that you can send over the network is actually 546 Satoshis. The name of the smallest unit of a Bitcoin comes from the name of Bitcoin’s creator Satoshi Nakamoto.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

Evoplay stokes the flames with Belfry Bliss Hold and Win

Published

on

Reading Time: < 1 minute

 

Evoplay, the award-winning game development studio, has launched Belfry Bliss Hold and Win, a fiery 5×3 slot that blends retro-inspired visuals with a darker twist on the fan-favourite Hold and Win mechanic.

Set against a backdrop of flames and ringing bells, the game reintroduces Evoplay’s mischievous Devil character, not as a foe, but as a Wild symbol, lighting the way to potential wins. Classic slot icons like sevens, bars and cherries return, but the real action begins when the bells drop.

Landing six or more bonus symbols triggers the Hold and Win Bonus Game, initiating three spins, where the goal is to collect 15 special symbols to win the ULTRA jackpot, offering 1,000x the bet.

Additionally, the title comes with two smaller jackpots, SUPER and MINOR, adding to the excitement and win potential.

For those eager to jump straight into the action, a Bonus Buy feature provides direct access to the Bonus Game.

With its bold design, atmospheric soundtrack and fast-paced gameplay, Belfry Bliss Hold and Win adds a distinctive edge to Evoplay’s growing Hold and Win portfolio.

Ivan Kravchuk, CEO at Evoplay, said: “Belfry Bliss Hold and Win takes the familiar charm of classic slots and turns up the heat. We’ve given it a bold, fiery personality that blends nostalgia with a darker, more playful twist.

“The Hold and Win mechanic coupled with the three jackpots takes this game to the next level, with all features designed to keep the energy high and the experience engaging.”

The post Evoplay stokes the flames with Belfry Bliss Hold and Win appeared first on European Gaming Industry News.

Continue Reading

Latest News

NOVOMATIC Africa Launches Local Assembly for Panther LPMs, Driving Innovation and Growth

Published

on

Reading Time: 2 minutes

 

NOVOMATIC Africa has announced that it has reached a major operational milestone: the local assembly of its popular Panther FV623D and FV624D Limited Payout Machines (LPMs) is now fully underway in South Africa. This strategic development marks a critical step in the company’s commitment to regional growth, operational agility and technological excellence.

The initiative was born out of post-pandemic global supply challenges, where machine delivery lead times were significant. To address this, NOVOMATIC Africa made the strategic decision to localise certain production capabilities—shortening timelines, reducing dependency on international shipments, and contributing to the local economy and empowerment.

At the helm of the project is Mohamed Abdullah, Technical & Operations Manager, who leads a team of highly skilled, internationally trained technical professionals.

After extensive planning and cross-border collaboration, NOVOMATIC Africa equipped a dedicated assembly area within its new Midrand facility. The space was enhanced with the necessary tooling, shelving and safety systems to handle high-volume pre-assembly processes, including monitor and bill validator modules.

This ambitious three-year journey—culminating in South Africa’s first locally assembled Panther LPMs—was not only a triumph of logistics and innovation but also a testament to human expertise, resilience and visionary leadership.

To ensure full compliance and alignment with both NOVOMATIC AG (Austria) and local regulatory standards, the project included:

• Acquisition of an Electrostatic Discharge (ESD) Safety Test Machine

• Establishment of robust quality control protocols

• Integration with the NAG central database

• Development of a structured pre-assembly line for key components

• Empowering Local Talent

“Investing in people has been the most important part of this journey. Yes, we’re building machines. But more importantly, we’re building capability—equipping our team here in South Africa with the knowledge, tools, and confidence to meet global benchmarks,” said Mohamed Abdullah.

NOVOMATIC Africa’s investment in local production is more than a tactical solution—it’s a long-term strategic move aimed at strengthening the company’s footprint across the continent.

As demand continues to grow, the company remains focused on building a resilient, skilled local workforce and continuing its mission to deliver high-quality, technically advanced gaming machines for Africa’s evolving gaming landscape.

The post NOVOMATIC Africa Launches Local Assembly for Panther LPMs, Driving Innovation and Growth appeared first on European Gaming Industry News.

Continue Reading

Latest News

TaDa Gaming Releases Golden Bank 2

Published

on

Reading Time: < 1 minute

 

TaDa Gaming has released Golden Bank 2, a sequel to the popular Golden Bank slot. With a 10,000x max win and exciting features, Golden Bank 2 engage players with its immersive gameplay and the potential for substantial payouts.

Set in a golden vault, Golden Bank 2 combines the simplicity of classic slots with the thrill of modern mechanics. With vibrant graphics and a dynamic soundtrack, the game immerses players in an exciting, high-stakes atmosphere. Players can take advantage of Unlimited Bonus Game, expanding wilds and Super Bonus Features to boost their chances of winning big.

Golden Bank 2 offers players thrilling opportunities with its Wild High Rewards, Unlimited Bonus Game and Super Bonus features. Wild symbols appear on all reels, substituting for all symbols except the Bonus and can transform into 2x, 3x or 5x multipliers, up to 625x when multiple Wilds land on the same payline. The Unlimited Bonus Game is triggered by three Bonus symbols, unlocking the Bonus Accumulation Box where prizes accumulate based on Bet x Total Multiplier. Super Bonus symbols boost the multiplier of all accumulation boxes by up to 10x. With a 10,000x max win, medium volatility and unlimited bonus gameplay, Golden Bank 2 offers thrilling rewards and big win potential.

Sean Liu, Director of Product Management at TaDa Gaming, said: “Golden Bank 2 takes the best elements of classic slots and amplifies them with new, innovative mechanics, which offer players multiple ways to win while keeping the gameplay fresh and engaging. We’re excited to see how our clients respond to this high-reward game.”

The post TaDa Gaming Releases Golden Bank 2 appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.