How To Use AlbyHub Node Sub Accounts
Let’s get real for a moment; Alby moving to fully non-custodial is a good thing for Bitcoiners, but it is still a pain in the arse when compared to the ease of a custodial wallet. Having gone through the onboarding process myself, I can attest to the work the Alby team has put in with […]
17 Exciting Lightning Network Innovations
Lightning Network innovations are popping up left, right, and centre. Without a doubt, Lightning is winning ground in providing fast, low-cost Bitcoin transactions. The Lightning Network is an open and programmable payment protocol, and many possibilities have emerged that nobody has ever thought of before. This spurred innovation and the creative energy of builders, developers, users […]
Fountain App Integrates Nostr
Fountain FM was one of the first mobile apps to promote the value-for-value model with a slick UI, providing a built-in custodial wallet for easy onboarding. The app and later website curated podcasts that enabled value4value transfer through podcasting 2.0 and also helped onboard podcasters to the monetisation model powered by Bitcoin and the Lightning […]
What Is Blocktank?
One of the most exciting developments in Bitcoin is the Lightning Network, a second-layer protocol designed to facilitate faster and cheaper Bitcoin transactions; this payment network is the one designed for your everyday purchase, the coffee run, the eCommerce order or the quick scan and tap at the parking meter. Non-custodial Lightning removes some of […]
What Are Anchor Outputs?
Before diving into anchor outputs, it’s essential to grasp the basics of the Bitcoin Lightning Network. Imagine the Bitcoin blockchain as a busy highway that sometimes gets congested. While it’s reliable, transactions can be slow and expensive during peak traffic. While the highway works on a first-come, first-served basis, Bitcoin allows you to bump up […]
What Is Alby Hub?
The Lightning Network is a layer-two scaling solution for Bitcoin, promising faster, cheaper, and more scalable transactions, and once you get going, there really is no going back; the experience is as smooth as butter, but that’s only for those of us who have already been through all the pain and mistakes of running our […]
What Is Lightning Latch?
The clear need to scale Bitcoin to more users has seen several attempts at creating solutions that provide off-chain settlement; today, Bitcoin users who feel fees are too high can move funds to one of two active side chains or the Lightning Network. Statechains are another proposed solution for scaling Bitcoin that differs from the […]
What Is An Onion Bomb DoS Attack?
The Lightning Network, the most popular scaling solution for Bitcoin, has not only created additional transactional capacity but also new business models, but it’s not without its growing pains. Like any system, it’s not without its vulnerabilities; we’ve seen issues that affect the network in the past, such as jamming attacks, replacement cycling attacks, BTCD library bugs, and unattributed […]
Why Bitcoin Spending Is On The Rise In SA
Two years have passed since Pick n Pay introduced Bitcoin as a payment option; even months after the announcement, it wasn’t uncommon to walk into a Pick n Pay and ask to pay in Bitcoin, and the cashier would look at you with glaring eyes. You could choose to pay in fiat and move your arse along […]
The Pros & Cons Of Lightning Banks
Xapo Bank’s recent integration of Bitcoin deposits through the Lightning Network (LN) marks another step towards the adoption of Bitcoin by tradFI. For some strange reason, this dirty ocean boiling magic internet money for nerds, drug dealers and ransomware hackers has the suites interested as it smashes through the trillion-dollar market cap range. 2024 looks like the year […]