BitVM Could Enable 2-Way Pegs
Bitcoin can scale through side chains by offloading transactions to separate blockchains that are linked to the main Bitcoin blockchain. Sidechains allow for faster and more efficient transaction processing, as they do not have to adhere to the same strict consensus rules as the main blockchain. This can help to lower transaction fees and congestion […]
Why Run A Cloud Node With Voltage
One of the core tenets of Bitcoin is to avoid trust and always verify. To do this, you should practise self-custody and reduce exposure to intermediaries. While this is the intended use for Bitcoin, the reality is very few people have taken the time to use the asset and the network in a trustless manner. […]
What Is The Bitcoin Security Budget?
Bitcoin, often referred to as digital gold, is not just a revolutionary form of decentralised digital currency; it’s also a pioneer in security. It’s the first global open network to remain online for over a decade without a major hack, and it does so by encouraging miners from around the world to provide security. As […]
What Are Auth47 Paynym Accounts?
As a modern internet user, you’ve probably got accounts with tens, even hundreds of websites, from eCommerce stores to software applications, social media apps and news publications. Managing accounts on all these platforms has become such a pain you either have to opt for setting up a password-managing service or trust your browser to remember […]
What Is Bitcoin TX Compression?
A Bitcoin transaction is a transfer of value between two Bitcoin addresses. A transaction is typically initiated by a payee sending over a public address to a payer who wants to send Bitcoin to the payee. The payer will use the software wallet of their choice to compile the transaction, stipulating the amount of funds […]
What is Graftroot?
The Bitcoin network is seen by some as a simple way to send and receive funds without the need for counterparties. Bitcoin has been settling transactions for over a decade, and its robustness and reliability are what it is known for, while more complex transactions are not often associated with Bitcoin. However, as Bitcoin has […]
What Is Additive Batching?
Bitcoin has the ambition of becoming a global settlement network, but the network faces growing pains as more users flood the blockchain with transactions. There are distinct limitations in the number of transactions that can be pushed through and receive final confirmation on chain, and the fee market is used to balance and order transactions. […]
What Is A Generic Sign Message?
Creating a Bitcoin wallet is not only a place to store your Bitcoin, but it’s a way for you to interact with the Bitcoin network. While most of us would focus on using our wallets to generate new public key addresses so we can receive Bitcoin or signing transactions to send Bitcoin, there are other […]
What Are Lightning Network Blinded Paths?
When you transfer funds via the Lightning Network, you can do so via a direct channel with your peer, be that a family member or an application you enjoy using regularly, or you can route a payment through the network. As you can imagine, it wouldn’t be practical to ask a user to create a payment channel with […]
What Is A RoboSats Federation Coordinator?
RoboSats is a P2P marketplace that began as a Lightning native way to trade Bitcoin using hodl invoices but has since expanded to supporting trades on the Bitcoin base chain as well as the Liquid Network, with the launch of swapping services. The application is a free and Open Source project; anyone can spin up a new RoboSats […]