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 […]
What Are Fake Lightning Channels?
Payment networks like Bitcoin are attractive targets for attack because they handle large sums of money and they transfer the bearer asset. If you can compromise a wallet or node and access the funds, there is no way of rolling back the chain, and those funds are lost forever. While the Bitcoin network itself has […]
What Are The Dangers Of A Hard Fork?
If you plan to put the fruits of your labour into a monetary network, you would probably like it to be around for the foreseeable future to remain consistent and provide you with a reliable service you can verify at any time. This is one of the promises of the Bitcoin network; you would have […]
What Is A Miner Activated Soft Fork (MASF)?
The Bitcoin Network and its underlying blockchain is a programmable money system open for anyone to review and audit. The rules of Bitcoin are governed by the code Bitcoin Core code base, and every node ensures the rules are checked against every block, while miners need to abide by the rules if they want to […]
What Is An Atomic Swap?
Bitcoin was meant to usher in a world of decentralised finance, where you would not need to trust a third party to transact. Still, most users acquire or trade Bitcoin via a third-party centralised exchange. Centralised exchanges (CEX) offer a familiar trading experience that you would find when trading paper contracts like stocks, fiat or […]
What Is A Stowaway Transaction?
When using an open public ledger to transfer funds, you must make peace with the fact that anyone can see your transaction data, such as time, addresses, amounts and more. If you’re unaware of this, you could also leak additional data that can tie those transactions to you and future transactions. Since Bitcoin is a […]
What Is An Electrum Server?
Running your own Bitcoin node is the best way to grasp the Bitcoin experience and what is involved in managing your own money. It eliminates custodians and intermediaries and gives you the highest level of security possible since you’re interacting directly with the chain. While many first-time Bitcoiners are rightly concerned with the movement of […]