What Is ANYPREVOUT?
As Bitcoin has grown into a network that holds several billion in value and clears billions per day in transactions, you can understand that any proposed changes will be combed over for every spelling mistake. The amount of value people have invested in it and the amount of value it creates by settling transactions is […]
What Are Lightning Fee Rate Cards?
To successfully run a Lightning node, you need to understand how the Lightning Network works; it is not some plug-and-play operation where you can set it and forget it. When you commit funds to the Lightning Network, you’re dealing with funds in a hot wallet that is connected with another peer and needs to remain […]
What Are Lightning Network Negative Fees?
When you run a Bitcoin Lightning node, you have the advantage of being able to route payments through this network at a far cheaper rate than you would on-chain, but to do so, you’re dealing with an entirely different environment. Lightning lives on top of the Bitcoin blockchain, but it has its own set of […]
What Drives Lightning Node Profitability?
If your Lightning experience is anything like mine, you said damn the YouTube videos and reading Reddit posts, let’s spin up this Lightning node, fund it with some Bitcoin and make some bad decisions. I purchased some Bitcoin from an exchange, funded my newly created Lightning wallet, went looking for peers I found on sites […]
What Is BIP39Colours?
Bitcoin is a purely digital currency which means it only exists as information; the digital entries that represent your Bitcoin on chain and in your wallet use cryptography to secure its transactions and prove that you are the only one who has permission to move that value. One of the most important cryptographic concepts in […]
What Is A Bitcoin Transaction Accelerator?
Using a decentralised and open network like Bitcoin to transfer value is a pretty alien concept to most of us. We’re all used to transferring funds physically through cash or via a series of counterparties who will accept money from us and settle up with our bank while we are none the wiser on when […]
What Are StateChain Lightning Channels?
Bitcoin has revolutionised the way we think about money and transactions. However, one of the biggest challenges facing Bitcoin today is scalability and the reality of bringing this network to the next billion people without it completely baulking under the demand to settle transactions quickly and privately. As the number of users and transactions on […]
What Is LangChainBitcoin?
Large language models (LLMs) are a type of artificial intelligence (AI) that are trained on massive datasets of text and code. This allows them to perform a variety of tasks, such as generating text, translating languages, and writing different kinds of creative content. In the last year, LLMs have become increasingly popular, with Open-AI’s GPT-3 […]
What Is A Statechain CoinJoin?
Bitcoin is an open monetary network that anyone can use as long as they have the software to communicate with the network. Your method of interacting with the network can be as simple as using a software wallet and broadcasting via a third-party node, or you can talk to the network directly via your own […]
What Is JIT Routing?
The Lightning Network is a second-layer protocol that sits on top of the Bitcoin blockchain. It allows for fast, cheap, and scalable payments between peers that have chosen to connect with one another by securing Bitcoin in a 2 of 2 multi-sig transactions. When a user broadcasts a Lightning channel open, they decide how much […]