What Is Multi-Party Computation (MPC)?
I am sure a few days after receiving your first paycheque; someone told you how important it is to “manage your money”. Earning an income is only one half of the equation; keeping the money and ensuring you have a larger capital stock for a rainy day is the second task you’re left to figure […]
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 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 […]
What Are Fedi Modules?
Bitcoin is a decentralised network that allows us to transact using purely digital money. It has the potential to revolutionise the way we think about money, saving, payments and commerce. It is not controlled by any central authority, and it can be used to send and receive payments anywhere in the world without the need […]
What Are The Types Of Bitcoin Public Keys?
If you’ve created a Bitcoin wallet before, you should be pretty familiar with the public address or public key. This key is represented by a long string of text with letters and numbers generated by your wallet, which you can use to receive funds. When you generate a public address, your wallet uses your private […]
What Is An LSP?
The technology creates a secondary network that offers peer-to-peer payments trustlessly, with instant settlement and lower bitcoin transaction fees. But to gain access to all these benefits, you either need to use a custodial service, leverage a trusted node in your friendship, family or community circles or run the entire stack yourself. When it comes […]
The Achilles Heel of Popular Bitcoin Hardware Wallets
We’ve all (hopefully) heard and obeyed the excellent advice that you should store your private keys on a dedicated Hardware Wallet. There are millions of people world wide who trust them to keep their bitcoins safe and for good reason. No one should be storing their keys on a post it note, in their iCloud […]
What Are eCash Multi-Mint Swaps?
Onboarding users into bitcoin is no simple task; the average user is simply not ready to handle money in a self-sovereign manner the way on-chain and the Lightning Network demand. To manage your bitcoin safely and privately, you’ll need to run a node and use bitcoin privacy best practices, and this takes time to learn […]
Why Would A Bitcoin Transaction Remain Unconfirmed?
If you’ve ever traded bitcoin on-chain before, then you probably have experienced the cold sweat and tightened sphincter that is waiting for that first confirmation. Moving money on a network with strange text string addresses and waiting for a miner somewhere in the world to secure it into a block is always going to be […]