What Are Taproot Swaps?
Bitcoin has become a victim of its success as more people regularly use the network to settle transactions. Bitcoin has a hard limit on the number of transactions it can settle per block, and as demand for the asset increases, the resulting network congestion drives up fees. Increased fees optimise blocks for the transactions that […]
What Are BRC-30 Tokens?
The age of Ordinals continues, and if you blink, you just might miss it. As Bitcoin recovers from its previous blow-off top, and everyone that bought above the current price licks their wounds, refusing to be exit liquidity for the second time, grifters, I mean builders and exchanges alike, are looking for new narratives to […]
What Is BRC-20 Token Staking?
I recently provided a breakdown of how the BRC-20 economy is meant to function, and if you’ve read it, you know it’s doomed to end in tears for many. Early minters who are lucky will make out like bandits, while the majority will be left with the reality they paid $100 in fees and even […]
What Is An Automatic Market Maker?
To purchase your first bitcoin, you opt to sign up for the drama that is the bitcoin market; you have to deal with pricing volatility, traders blowing up their accounts, exchanges going bust, and everything in between. It truly is the wild west, and It can take a while to understand how everything works in […]
The Dangers Of Holding Wrapped Bitcoin
The emergence of so-called decentralised finance (DeFi) has promised endless opportunities, financial inclusion and access to institutional-grade financial products but one problem with DeFi is the lack of a pristine asset. The incompatibility of using bitcoin on other chains where DeFi limits the growth, the use and the value that can be attracted into those ecosystems. Instead […]
Why VCs Keep Funding New Tokens
Every time a revolutionary discovery is made, you will find opportunists trying to create cheap knock-offs that prey on unsuspecting consumers and bitcoin is no different. While the bitcoin network aims to bring back a hard money standard and give everyone the chance to save money without custodial risk, you have detractors that want to […]
What Is Magma by Amboss?
The Lightning Network is a second-layer protocol created to scale bitcoin payments by creating a web of payment channels that settle balances with one another instead of on the bitcoin blockchain. Every payment channel you create is based on a bitcoin UTXO locked up with a hashed time lock contract, and as users create different […]
How To Delete Your Vauld Account
The attraction of NGU (Number Go Up) technology brings in a new cohort of people each cycle and as more inexperienced users come into bitcoin, so too will fianncail service look to attract those users and capital to their ecosystem. This cycle’s go-to risk trade living on the back of bitcoin’s repricing was bitcoin interest […]
How To Delete Your CoinFlex Account
As bitcoin continues to monetise, we’ve seen a boom in the number of fintech companies looking to leverage the increased value flowing into the space. One of those platforms launched in 2019 was CoinFLEX a derivatives exchange and yield platform, which offered bitcoiners the chance to earn a yield on their bitcoin. Handing over your […]
How To Delete Your Voyager Account
2017 marked the year many of the big-name centralised lending platforms launched, and the bridge between traditional finance and bitcoin got a little shorter. These interest-yielding bitcoin accounts and bitcoin loan products aren’t going anywhere anytime soon. Still, they do pose a considerable risk, and as we see in a bear market, that risk can […]