What Is A Sidecar Channel?

side car channels in LN

The Lightning Network is a peer-to-peer payment system that requires you to establish a connection with one other network user, in this case, a Lightning node. You would create a channel between yourself and another Lightning user, and this channel, backed by an on-chain UTXO, allows you to move funds between the two of you […]

How Fees Work On The Liquid Network

fees on liquid network

The Liquid Network is a layer-2 solution for bitcoin, which allows users to move funds to a different blockchain with a different set of rules and consensus mechanisms. The Liquid network offers users fast, confidential settlement and issuance of digital assets, such as stablecoins, security tokens, and other financial instruments, on top of the bitcoin […]

Bitcoin App: Apollo

Apollo bitcoin app

Review portals are sites that collect opinions from customers and publish them for others to leverage when gauging a brand or business’s reputation. The principle is based on curating the wisdom of the crowd and ensuring reviews of products, services or companies can provide value even with paid reviews, biased reviews and brand management teams […]

What Is Bitcoin Block Time?

BTC block time explained

Creating a decentralised network that anyone can plug into to either verify transactions, commit transactions to the database, or secure transactions to the ledger requires a blockchain. The blockchain allows you to verify exactly what is going on in the network, but since the chain is not stored but distributed, all copies of the ledger […]

Why Is Bitcoin Mining So Loud?

Bitcoin Mining Is Loud

Bitcoin mining gets a lot of flack from the general public; if it’s not using too much energy, it’s driving up the price of computer chips. If it’s not generating useless computation that cannot be used for anything else, it’s making too much noise. Bitcoin miners provide computing power to the network in a globally […]

Why Is Bitcoin Mining So Energy Intensive?

BTC mining energy intense

When Satoshi Nakamoto mined the first bitcoin back in 2009, the plan was to create a decentralised payments platform that would revolutionise how we create money, how we manage balances and how we transfer value between participants in the network. The idea behind proof of work was to create a competitive marketplace where anyone could […]

What Are AirGapped Bitcoin Wallets?

Airgapped btc wallets

When it comes down to securing your bitcoin and holding your keys, there isn’t a single path to storage. You can start with a method as simple as downloading a software hot wallet for free and generating a set of keys on your desktop or mobile device, or you can opt for something more elaborate, […]

What Is Simple Payment Verification?

BTC simple payment verification

To keep the bitcoin protocol running smoothly and protect the network, proof of work is required for security, fraud prevention, and trust-building. Independent data processors (miners) cannot mislead about a transaction because of its security. Proof of work is also used to protect bitcoin’s transaction history while making data changes more difficult over time. Once […]

What Is The Bitcoin Kimchi Premium?

Kimchi Premium

Bitcoin exists everywhere and nowhere at the same time; the distributed ledger and all the assets it manages are purely digital, so it has no borders, it has no restrictions. As long as you follow the consensus rules of the network, you can engage in transactions on the bitcoin network. It’s simple and elegant in […]

Where Does Bitcoin Interest Come From?

Where bitcoin interest come from?

In a world of high inflation, low-interest rates and falling wages, more people are forced further out of the risk curve. If you’re simply saving in cash or holding it in an interest-bearing bank account, you’ve probably noticed that it’s not getting you very far. While the nominal figure does increase year on year, the […]