What Is A Social Recovery Wallet?
As Bitcoin and blockchain technology continue to gain popularity, this new way of managing money and interacting with apps and each other online brings a new set of concerns. If you’re interacting with Bitcoiners or apps that support Bitcoin, you will need a wallet to send, receive and manage your funds. Some services try to […]
What Is Shamir Secret Sharing?
In researching Bitcoin, you’ve likely come across terms like decentralised, stateless, non-custodial, and elimination of third-party risk, all routed as benefits of using the network; well, that and “number go up“, right? While these features are unique to Bitcoin and contribute to the value proposition, many of us distil all that value into the fiat […]
What Is Multi-Party Computation (MPC)?
I am sure a few days after receiving your first paycheque; someone told you how important it is to “manage your money”. Earning an income is only one half of the equation; keeping the money and ensuring you have a larger capital stock for a rainy day is the second task you’re left to figure […]
What Is A Stonewall Transaction?
Bitcoin is a permissionless digital currency that is designed to be secure and censorship-resistant while also retaining some elements of privacy. If you were to use Bitcoin without KYC, you could take advantage of its pseudonymous nature; unfortunately, this isn’t a reality for most people. Today, many new Bitcoin holders acquire their funds through centralised […]
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 Is Munstr?
A multi-sig wallet is a Bitcoin wallet that requires two or more signatures to confirm and send a transaction. It can be used by multiple keyholders or one user across multiple devices for distributed key signing. Multi-sig wallets provide an additional level of security and safety versus your traditional single sig since it doesn’t have […]
What Are Fedi Modules?
Bitcoin is a decentralised network that allows us to transact using purely digital money. It has the potential to revolutionise the way we think about money, saving, payments and commerce. It is not controlled by any central authority, and it can be used to send and receive payments anywhere in the world without the need […]
What Are The Types Of Bitcoin Public Keys?
If you’ve created a Bitcoin wallet before, you should be pretty familiar with the public address or public key. This key is represented by a long string of text with letters and numbers generated by your wallet, which you can use to receive funds. When you generate a public address, your wallet uses your private […]
How To Create A Bitcoin Payment Request
A public key allows you to receive bitcoin transactions and is a unique path generated by your wallet’s seed phrase. It’s a cryptographic code that’s paired with a private key. When you generate a public key, anyone can send transactions to the public key; however, you need the private key to “unlock” them and prove […]
Why Would A Bitcoin Transaction Remain Unconfirmed?
If you’ve ever traded bitcoin on-chain before, then you probably have experienced the cold sweat and tightened sphincter that is waiting for that first confirmation. Moving money on a network with strange text string addresses and waiting for a miner somewhere in the world to secure it into a block is always going to be […]