What Is A Just-In-Time (JIT) channel?
Scaling Bitcoin to the next 1 billion people was never going to be a straightforward task, and as the growing pains continue, so do the lessons. On-chain transactions aren’t practical for several reasons, such as cost and time to confirmation, relegating certain transfers like your small eCommerce payment, and tipping or streaming payments to higher […]
The Risks Of Stablecoins On Bitcoin
Stablecoins are by no means a new idea; the first version of it was launched nearly ten years ago, in 2014, with BitUSD issued as a token on the BitShare blockchain; this was an algorithmic stablecoin backed by the debt of another third-party token BitShares, which faded into obscurity as did many of the early […]
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 […]
What Is A Sparse Merkle Tree?
As we navigate through the technological revolution of the 21st century, few buzzwords have captured the public imagination as much as “blockchain.” Blockchains are a component of the ingenious invention of Bitcoin, the brainchild of an individual or group known as Satoshi Nakamoto, and due to Bitcoins success, the underlying technology of blockchain has been […]
What Is A Bitcoin Darkpool?
In an era where data is the new gold or oil, and big tech is thirsting over every piece of metadata they can pry from your fingers, privacy is a fast-eroding commodity. While many are not too concerned with the privacy of their social media posts, search engine queries, emails or cloud-stored documents and files. […]
What Is A Taproot Asset Universe?
The idea of moving non-native assets on the Bitcoin network has been around for years; early attempts at this involved projects like Coloured Coins, OMNI network and counter-party, which did not see much traction as their additional resource requirements were either too complex or costly to execute on the Bitcoin blockchain at the time. The […]
What Is Munstr?
A multi-sig wallet is a Bitcoin wallet that requires two or more signatures to confirm and send a transaction. It can be used by multiple keyholders or one user across multiple devices for distributed key signing. Multi-sig wallets provide an additional level of security and safety versus your traditional single sig since it doesn’t have […]
Can The Lightning Network Be Censored?
The Lightning Network is often heralded as the answer to Bitcoin’s scalability issues, enabling quick, low-cost transactions. Whenever the topic of bringing Bitcoin to more people comes up, especially those in the global south, you’ll hear the “use Lightning” response. I was guilty of it myself, but we have to be honest about the state […]