What Are KYC Bitcoin Mining Pools?
So you’ve heard about Bitcoin mining, and you want to get in on the digital gold rush. You’ve done your research, and you know that it’s a risky investment, but you’re willing to take the chance and set up that ASIC. Maybe you have some untapped power by running home solar, and you want to divert some […]
Why Most Lightning Users Opt For Custodial Wallets
Bitcoin is all about removing counter-party risk; the fact that you can self-custody with only the need to run software on your device is a revolutionary discovery. When you run a Bitcoin node and generate an offline wallet with a seed phrase, there is no one sitting between you and the monetary network. You hold […]
What Is A Deflationary Spiral?
I am sure many of you have sat around the table, and in passing conversations, someone will mention how expensive a particular item has become. The discussion will devolve into how expensive various purchases are, along with access to services and basically how all economic activity requires more currency. The price of everything keeps going […]
What Is Frostsnap?
The core of Bitcoin’s value proposition is the ability to self-custody through the simple act of creating a wallet where you hold the only copy of the keys. When you self custody your funds, you are free of any third-party risk, but you will face a different set of obstacles. If you ever lose your […]
What Are Lightning Fee Rate Cards?
To successfully run a Lightning node, you need to understand how the Lightning Network works; it is not some plug-and-play operation where you can set it and forget it. When you commit funds to the Lightning Network, you’re dealing with funds in a hot wallet that is connected with another peer and needs to remain […]
What Are Lightning Network Negative Fees?
When you run a Bitcoin Lightning node, you have the advantage of being able to route payments through this network at a far cheaper rate than you would on-chain, but to do so, you’re dealing with an entirely different environment. Lightning lives on top of the Bitcoin blockchain, but it has its own set of […]
What Drives Lightning Node Profitability?
If your Lightning experience is anything like mine, you said damn the YouTube videos and reading Reddit posts, let’s spin up this Lightning node, fund it with some Bitcoin and make some bad decisions. I purchased some Bitcoin from an exchange, funded my newly created Lightning wallet, went looking for peers I found on sites […]
What Is Zapple Pay?
Nostr has seen tremendous growth in the last year; the new social media protocol promises to be more private and secure than its competitors and offer up censorship-resistant communication on every level of the stack. As the number of users grew, relays and clients needed to improve their efforts as interaction became sluggish. One of […]
Why Do Crypto Exchanges Fail?
Imagine waking up one morning and finding that your hard-earned Bitcoin has vanished into thin air. While you might be able to trace it on-chain, signs of recovery are slim to one, and the reality of facing a gut-wrenching loss sets in. This is the harsh reality faced by countless individuals who have fallen victim […]
What Is A Statechain CoinJoin?
Bitcoin is an open monetary network that anyone can use as long as they have the software to communicate with the network. Your method of interacting with the network can be as simple as using a software wallet and broadcasting via a third-party node, or you can talk to the network directly via your own […]