What Is Nostr Wallet Connect?
As a modern internet user, we’ve become accustomed to certain user experiences, slick one-click logins, signing off payments perhaps with a 2FA for added security, and connecting our credit cards to applications for subscription payments, and this is the standard; no one will accept anything more complex. When sites and services are centralised, it’s easier […]
What Is Coin Consolidation?
As the internet has matured and become a mainstream channel for exchanging value, many of us have leapt to eCommerce and familiarised ourselves with online interfaces, like banking websites or mobile apps, that allow us to send and receive funds. Today, we manage our balances from our laptops or phones. We see the balance increase […]
Beware Of Fake Bitcoin Wallets
Many of us find our way to Bitcoin with the idea that we’re going to make some money in this market, and without a doubt, there have been many success stories of people becoming Bitcoin millionaires. These stories only fuel the fire, and when investors are solely focused on making money or getting into Bitcoin […]
What Is A Bitcoin Passphrase?
In Bitcoin, where fortunes reside in strings of code, security should always be your number one priority. When you decide to store your wealth in Bitcoin, your first task is to eliminate third-party risk, which involves generating a set of private keys only you can access; once you have those keys, you can generate public […]
How Do You Deal With Custodial LN Wallet Caps?
Lightning, the scaling solution for Bitcoin, promised fast and cheap transactions with a few trade-offs. Instead of providing the same UI as on-chain transactions, Lightning offers an entirely new ecosystem filled with its own technical competencies and learning curve. The many hurdles, like remaining online, managing liquidity and channel sizes, and more, have limited the […]
Options For Migrating WoS Users
Wallet of Satoshi (WoS) is a popular Bitcoin Lightning wallet provider that has developed quite a user base due to its simplicity and ease of use. This custodial wallet has an easy-to-understand user interface and abstracts all the complexities of Bitcoin. It is available for free on iOS and Android, and once installed, all you […]
What Is A Universal Money Address (UMA)?
The Bitcoin landscape has grown exponentially in recent years, with more and more investors, institutions, and businesses entering the space. While you can still use Bitcoin Core as your wallet today with your node, as always, new software developers and companies have taken it upon themselves to create wallets catered to different markets. Today, we […]
What Is A Social Recovery Wallet?
As Bitcoin and blockchain technology continue to gain popularity, this new way of managing money and interacting with apps and each other online brings a new set of concerns. If you’re interacting with Bitcoiners or apps that support Bitcoin, you will need a wallet to send, receive and manage your funds. Some services try to […]
What Is Shamir Secret Sharing?
In researching Bitcoin, you’ve likely come across terms like decentralised, stateless, non-custodial, and elimination of third-party risk, all routed as benefits of using the network; well, that and “number go up“, right? While these features are unique to Bitcoin and contribute to the value proposition, many of us distil all that value into the fiat […]
Why Most Lightning Users Opt For Custodial Wallets
Bitcoin is all about removing counter-party risk; the fact that you can self-custody with only the need to run software on your device is a revolutionary discovery. When you run a Bitcoin node and generate an offline wallet with a seed phrase, there is no one sitting between you and the monetary network. You hold […]