What Is A Lightning Email Address?
Onboarding users into bitcoin is a simple task; you require a certain level of technical knowledge to navigate the network. Bitcoin users need to understand what the terms and jargon mean and how to use bitcoin privately and securely. Sending bitcoin can be a nerve-wracking experience; I still triple and quadruple check every address I […]
What Is A Partially Signed Bitcoin Transaction (PSBT)?
The bitcoin network and its growing set of tools provide individuals with the ability to provide their own banking services free of rent-seeking intermediaries and third-party custodial risk. Bitcoin can be as straightforward or as complex as you require it to be. While most of us would use bitcoin to store our wealth across space […]
What Is Splicing On The Lightning Network?
The Lightning Network (LN) is the most popular scaling solution for using bitcoin for micropayments and instant settlement. It offers bitcoin users an ecosystem where more freedom can be had, and applications can be built with a lot fewer limitations than the base layer has. While Lightning offers a massive improvement on scaling, it isn’t […]
What Are Channel Factories?
The Lightning Network has added a new environment where bitcoin can be locked and used in ways that the base chain would not allow. Leveraging a growing network of interconnected payment channels, the Lightning Network can route payments between participants without establishing a direct payment route. The Network of Lightning Nodes would find the optimal […]
What Are Trampoline Payments?
The Lightning Network has been a significant step forward in providing an environment for developers to try new things and deliver applications and wallets with more tools to leverage bitcoin in their products. Scaling the bitcoin network without giving into centralisation was never an easy fix, even with the Lightning Networks promise. It does have […]
What Are Turbo Channels?
Lightning Network’s promise is fast and cheap bitcoin payments; this is what users expect when they connect to Lightning. But to send or receive payments via Lightning, you need to have at least one payment channel that connects you to the network. Once a payment channel is opened, paying via Lightning doesn’t require on-chain transactions. […]
What Is Bitcoin Dust?
Bitcoin is the world’s first digital bearer asset, and when you have complete control over an investment or asset, it comes with exposure to specific kinks as part of the rules of the network. Bitcoin can be divided into 100 million pieces, and with that level of granularity comes some pain points and a learning […]
Lightning Labs Adds Multi-Asset Support To LND With Taro
The race to add stablecoin support to the Lightning Network continues on multiple fronts. We’ve seen proposals such as CFD backed stable values, porting Liquid Assets from the Liquid Network to Core Lightning, Omnibolt used to move Omni-assets on Lightning and the proposal of using balanced channels with the help of DLCs. Each method has […]
What Is Eltoo?
The Lightning Network is by far the most popular second layer scaling solution for bitcoin. Not without good reason, it offers users the ability to move small amounts of satoshis around for next to no cost with instant settlement making daily purchases practical, as well as options like streaming funds. The Lightning Network unlocks a […]
What Is A Bitcoin Improvement Proposal (BIP)
Bitcoin is a multi-layered system of physical hardware, energy expenditure, database management, and governance, and it’s all managed through code. Code that everyone running a node has to agree on while having programmable money provides us with loads of options. It has to be used sparingly. Shitcoiners have taken the opposite bet and think that […]