What Is A Bitcoin Off-Chain Transaction?

Btc offchain transaction explained

Bitcoin uses a blockchain as a method of recording all transactions; this distributed ledger is held in consensus by thousands of nodes run by individuals and institutions across the globe. All bitcoin can be viewed on the blockchain, along with the public addresses that hold them and transaction history. All Bitcoin transactions recorded on the […]

What Is The Bitcoin Float?

What is the bitcoin float?

When Satoshi Nakamoto, the anonymous creator or creators behind bitcoin, designed the world’s first digital bearer asset, they wanted no ambiguity surrounding the supply or the insurance. The bitcoin network’s maximum supply was meant to mimic the finite quantity of physical commodities, which would see demand hit an ever-decreasing supply. The maximum number of bitcoin […]

Bitcoin App: Apollo

Apollo bitcoin app

Review portals are sites that collect opinions from customers and publish them for others to leverage when gauging a brand or business’s reputation. The principle is based on curating the wisdom of the crowd and ensuring reviews of products, services or companies can provide value even with paid reviews, biased reviews and brand management teams […]

Why Does Money Creation Require A Cost?

money creation requirements

To verify transactions, bitcoin mining computers are required to solve ever more complex math problems and the first one to provide the correct hash gets to secure a new block to the network. This is the proof of work consensus mechanism that underpins the network. When Satoshi mined the first few blocks, miners were relatively […]

What Are AirGapped Bitcoin Wallets?

Airgapped btc wallets

When it comes down to securing your bitcoin and holding your keys, there isn’t a single path to storage. You can start with a method as simple as downloading a software hot wallet for free and generating a set of keys on your desktop or mobile device, or you can opt for something more elaborate, […]

What Is Bitcoin Price Manipulation?

BTC price manipulation

Once you step into the bitcoin market, you’ll have to deal with volatility; everyday buyers and sellers meet on markets worldwide, buying and selling the asset. Every day, supply and demand meet one another, and they settle on a current trading price because there are so many different actors involved, all with different motivations, and […]

Where Does Bitcoin Interest Come From?

Where bitcoin interest come from?

In a world of high inflation, low-interest rates and falling wages, more people are forced further out of the risk curve. If you’re simply saving in cash or holding it in an interest-bearing bank account, you’ve probably noticed that it’s not getting you very far. While the nominal figure does increase year on year, the […]

How Altcoin Exchanges Carry Liquidity Risk

altcoin liquidity risk

Once you venture into the world of bitcoin and plan to acquire some, you’re faced with the reality that centralised exchanges are the easiest, cheapest and simplest way to get exposure to bitcoin. These on-ramps have market demand, and these fintech services function similarly to banks. You deposit fiat currency with them, and these exchanges […]

How To Close A Lightning Channel?

closing a LN channel

The Lightning Network is a second-layer solution that lives on top of the bitcoin network, designed to facilitate faster transactions by removing the need to confirm all transfers of funds through proof of work on the base chain. The way funds are moved through the Lightning network is by locking up bitcoin in a hashed […]

What Is Pear Credit?

What is pear credit?

It seems as if Food Finance, the trend of naming protocols and services after food, is finally coming to bitcoin, and it may trigger some bitcoiners, because of the PTSD coming from the food-named protocols that have blown up in the wider “DEFI sector”. Tether, the company behind the world’s largest stablecoin USDT, has, together […]