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HandCash - Bitcoin Wallet App Interview

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I recently had the opportunity to interview Alex Agut, Product Designer from
HandCash to see what it is all about. I am very impressed with the professionalism, quality and speed of this Bitcoin Wallet. In this interview, Alex is nice enough to answer my questions in Q: / A: format about holding cryptocurrency on your cell phone. Readers will find our conversation full of product details and I learned a great deal about HandCash and their future prospects. Overall this makes me very optimistic about Bitcoin SV (BSV) and HandCash in general.

Jared: Where did you come up with the idea for HandCash
Alex: My cofounder and friend Rafa and I have been working together in other projects and apps for a few years, and we’ve always liked experimenting with new technologies and create small MVPs that can demonstrate value of some sort. In summer of 2017 we started digging into Bitcoin and we thought: “Why do they call it peer to peer digital cash if it doesn’t work like cash at all?” - So we de…

What Is The Blockchain?

Blockchain (i.e. Blockchain Technology i.e. The Blockchain) is a computer network that works by being shared freely among and used by many participants.

The idea behind blockchain is that there are times when it is beneficial to have a permanent record of transactions. Those transactions can be the purchasing of property, the sale of goods or services, or the exchange of currencies. In its simplest form, a blockchain is just a list of transactions using a medium of exchange. In its initial implementation, that medium was a "coin" called a Bitcoin. Subsequently, many other coins were created and those coins are all used in their own blockchain. As of December 22, 2018, CoinMarketCap lists 2067 coins/tokens (https://coinmarketcap.com/all/views/all/). On the most basic level, they are all mediums of exchange for transactions that are put on a list. This list is called a ledger and this is intuitive as transactions are frequently economic.

When new transactions occur, they are …