What Is Nostr Auth?
Spending time online for work or play requires all of us to gain access to different websites, apps and service providers; usually, this is done through an email account or sometimes a phone number, but these methods become tedious as the number of websites we want to access increases. The need for a universal identity […]
What Is Maximal Extractable Value (MEV)?
Maximal Extractable Value (MEV) — previously known as Miner Extractable Value, has become a thorn in many a smart contract chains side. MEV used to refer to miner-extracted value as mining used to be the primary method of organising blocks on proof of work chains. That has since changed with the introduction of various forms […]
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 The Liquid Federation?
Bitcoin’s ability to scale is limited by design trade-offs made in the past that optimise for security and decentralisation; as a result of no compromise on those two pillars of the network, scalability on-chain is sacrificed. Today the number of transactions the network can safely secure with every block would not be able to support […]
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 […]
What Is A Stonewall Transaction?
Bitcoin is a permissionless digital currency that is designed to be secure and censorship-resistant while also retaining some elements of privacy. If you were to use Bitcoin without KYC, you could take advantage of its pseudonymous nature; unfortunately, this isn’t a reality for most people. Today, many new Bitcoin holders acquire their funds through centralised […]
What Is Frostsnap?
The core of Bitcoin’s value proposition is the ability to self-custody through the simple act of creating a wallet where you hold the only copy of the keys. When you self custody your funds, you are free of any third-party risk, but you will face a different set of obstacles. If you ever lose your […]
What Is Bitcoin Core?
Bitcoin is a decentralised digital currency launched in 2009. It requires a network of nodes to store a copy of the ledger and validate blocks and a set of miners that convert energy into hash power so that blocks can be mined. Bitcoin is based on a peer-to-peer network that allows users to send and […]
What is Nix Bitcoin?
Participating in the Bitcoin network can be as simple or as complicated as you want to be; the simpler your involvement, the more you’re offloading tasks to third parties. If you’re not taking self-custody of your Bitcoin in a wallet where you hold the private keys, then you’re likely using a custodial service or an […]