What Are Recursive Inscriptions?
Bitcoin Ordinals and Inscriptions are branded a new way to use the Bitcoin blockchain, but it’s really an old idea that has been re-hashed on the chain and takes advantage of the SegWit discount. They are the latest evolution of the coloured coins idea and allow users to inscribe data, such as images, text, or […]
What Are Bitcoin Private Payments?
Bitcoin is a peer-to-peer electronic cash system that was created in 2009, and since the launch of the chain, every single payment ever made is kept on every full node now and into the future as new full nodes spin up and secure a copy of the chain from the genesis block. While Bitcoin is […]
What Are Bitcoin Silent Payments?
When you become your own bank by taking self-custody of your funds, you are not only responsible for the safeguarding of your assets but also the data you leak and how you intend to preserve your financial privacy. A task that becomes more dubious as the Bitcoin network has many prying eyes, and chain analysis […]
What Is A Core Lightning Plugin?
In the expansive world of Bitcoin and its off-chain scalability solutions, Core Lightning stands out as a unique implementation of the Lightning Network due to its growing library of plugins. It represents an alternative to other popular implementations, such as eClair and LND with the main distinction lies in its architecture and its approach to […]
The Pros & Cons Of Ledger Recover
Hardware wallet maker Ledger has been synonymous with cold storing your funds for many years now. They’ve had a solid track record distributing millions of devices worldwide, and if you’ve been in Bitcoin long enough, it might have been your first wallet or is part of your collection, used as a single signature device or […]
What Are Non-Interactive Lightning Channels?
During the brief period of high fees, Bitcoin always comes under fire, and with the naysayers declaring it dead on arrival, that Bitcoin will never scale and eventually it will become unusable, baulking under the weight of the growing user base requiring block space that simply isn’t available when everyone needs it. The moment you […]
What Is Bitcoin Miniscript?
When you perform a bitcoin transaction, you’re instructing a bitcoin wallet to execute a command on your behalf and provide it with a few parameters, such as the public address you want to send to, the amount you want to send, the UTXO you wish to use, the fee you’d like to pay miners to […]
What Is Nostr?
Social media, for better or worse, is an integral part of our online lives; it’s how we source information, react to news and communicate with one another. In the earlier days of social networking, apps took a more lenient approach due to their focus on growth. Still, as these apps needed to generate a return […]
What Is A Bitcoin Bridge?
As we try to push bitcoin forward as a monetary network, we will always have competitors and imitators trying to take a piece out of the bitcoin pie. Altcoins are trying their best to absorb users and liquidity out from under bitcoin, and they’ve failed abysmally to date, as bitcoin continues to dominate the market […]
What Are Fall Back Payments With BIP21?
Scaling bitcoin into layers was not going to be easy; for us who enjoy the innovation in the space, it’s fun to mess around with different wallets and solutions, but this is a niche of people. Normies want the PayPal/Venmo experience if they are going to get into using bitcoin. Yes, I know they’re lazy […]