What Is A Dark Mempool?
When performing an on-chain transaction, you must first broadcast it into a waiting room known as the mempool. You can do this using your node, or broadcast your transaction via a third-party node, and eventually, your transaction details will make the rounds. As other nodes pick up the transaction, it’s added to their local mempool […]
What Is Citrea?
Bitcoin has proven it’s the only real innovation in the blockchain space, while altcoins have made for interesting experiments with real money, real lives and real crimes, no other chain has come close to Bitcoin. With each 4-year (bull & bear) cycle that goes by, Bitcoin continues to lap these other ecosystems, draining liquidity, users, […]
Regulatory Arbitrage Versus True Bitcoin Scaling
As more people find their way into Bitcoin, it puts pressure on block space, the limited resource available every 10 minutes. That limit might not be obvious right now, but we have reached periods where demand has reached the upper bound.  The mempool doesn’t tell us the full story either, since a lot of Bitcoin […]
What Is Quantum-Resistant Address Migration Protocol?
Google’s latest quantum chip, named “Willow,” is a 105-qubit processor that significantly reduces errors as it scales up, which is a major breakthrough in quantum error correction, and can perform computations in minutes that would take supercomputers 10 septillion years. While Willow may not be ready for real-world applications, Its speed and accuracy could provide hackers with the […]
Why Have Bitcoin Fees Been So Low?
In a surprising turn of events for Timechain observers, Bitcoin has managed to maintain relatively low transaction fees despite breaking new all-time highs in value, market capitalisation, and hash rate. This phenomenon contradicts the historical pattern where network congestion and fee spikes accompanied Bitcoin’s bull runs. Fees have been lower than a pregnant ant’s stomach! […]
What Is Frostr?
Ah, the private key, the single point of failure that will lead to heartbreak for many a Bitcoiner or nostr user who fails to guard their seed phrase, a painful reminder of what it means to take personal responsibility over your funds or your data. Both Bitcoin and nostr use private and public key pairs; […]
What Is A Chain Rollback?
Ah, the good old blockchain, a buzzword that has been bastardised to death since the launch of altcoins. Bitcoin, like many altcoins, runs on top of a distributed ledger, hosted, verified and updated by a globally distributed network of nodes. This process of global record-keeping commonly refers to a blockchain; the purpose of this chain […]
What Is Bitcoin Block Weight?
When Satoshi launched Bitcoin, the currency had virtually no value, and only a few people were mining for new coins. It was just a novelty at that point, with people trading around UTXOs as a way to distribute ownership of the coins and bootstrap interest in the network. For the first few years of Bitcoin, […]
What Is Bitcoin Ossification?
Bitcoin, the world’s first and only decentralised cryptocurrency, has undergone numerous changes since its inception in 2009. Even Satoshi himself was around to deploy some updates during his brief stint as master of the code base, before handing it over. However, as the network matures and starts to hold some serious value, a critical concept […]
What Is Spark?
I’ve had a bit of L2 fatigue this past year and a bit, with everyone and their grandma getting a couple of VC seed round cheques cut to roll out the “next generation of Bitcoin scaling solutions.”The vast majority of those whitepapers, litepapers, and GitHubs rolling out in this niche are just skibidi toilet brainrot […]