What Is The Sequentia Side Chain?
Bitcoin is optimised for security and reliability. Its design, while robust, has inherent limitations when it comes to scalability. The blockchain, the underlying technology, can only process a finite number of transactions per second. This limitation, often referred to as the “scalability trilemma,” presents a significant challenge as the network’s popularity grows. As Bitcoin’s user […]
What Is Fractal Bitcoin?
It feels like nearly a lifetime ago now that Ordinals were making headlines and stirring up all sorts of arguments about how to use block space; while the debates raged on for a brief moment in time, fees were astronomically high, making the base chain unusable for the average person. If you wanted to spend […]
What Is A HODL_FEE?
Ah, the Bitcoin network. A beautiful symphony of cryptography, decentralisation, and…sometimes whiny miners? Yes, miners play an essential part in this ecosystem. What started as part of the Bitcoin core system, where everyone would mine themselves as part of running a node, has spun off into a specialised service and legitimate business. While Bitcoin miners […]
What Is MicroStrategy Orange DID?
MicroStrategy, known for its bullish stance on Bitcoin, recently unveiled a new project called MicroStrategy Orange. This isn’t about fruit (although the name is catchy), but rather an orange washing of the Decentralised Identity (DID) play, with MSTR looking to build a platform on the Bitcoin blockchain instead of launching a side-chain or using a side-chain, the data for […]
What Are Real World Asset Tokens?
Real-world assets, or RWAs, refer broadly to any traditional security or physical asset that derives its value from outside the blockchain, unlike the closed-loop ecosystem that Bitcoin provides. Think of it as a 3rd party representation of the underlying asset; these tokens can represent stock certificates or bonds, they could be NFTs that represent non-fungible […]
What Is Bitcoin Block Art?
It’s been a quiet few months when it comes to on-chain graffiti; it seems like a lifetime ago, Ordinals enjoyers claimed they broke Bitcoin, and the mempool was stuffed to the brim with inscription-based transactions. For a while, the mempool was more of a meme pool as the trend of stuffing JPEGs and JSON files into blocks had its […]
What Is Block Propagation?
Bitcoin is a blockchain-based network comprised of thousands of nodes distributed worldwide that remain connected and communicate through a gossip-based flooding protocol. When a block is successfully mined, that mined block is propagated to all participating nodes in the network and added to the chain. All nodes must remain synchronised with the latest transactions so […]
What Is An Orphan Block?
The Bitcoin blockchain is a distributed ledger held on all full nodes running right now and all full nodes that will sync from the Genesis block to the current chain state. This ledger keeps records of all past Bitcoin transactions and is added to roughly every ten minutes when a new block is secured. Anyone […]
What Is Additive Batching?
Bitcoin has the ambition of becoming a global settlement network, but the network faces growing pains as more users flood the blockchain with transactions. There are distinct limitations in the number of transactions that can be pushed through and receive final confirmation on chain, and the fee market is used to balance and order transactions. […]
What Is ‘Liquid Staking’ on Lightning?
The Lightning Network is a second-layer payment protocol that enables instant and low-cost Bitcoin transactions. It does this by connecting a network of payment channels between users who opt to run their own Lightning nodes. These channels allow users to send and receive payments without having to rely on the Bitcoin blockchain for every confirmation. As a […]