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PortuguêsBitcoin’s public and immutable nature necessitates the return of mixnets to achieve true network-level privacy. Source: Nym Technologies SA Bitcoin was initially thought by many to be anonymous digital cash…
Continue ReadingDiscussing Bitcoin and Federated Ecash, a Blockstream-sponsored project that builds on David Chaum’s Digicash startup from the early 1990s. Watch This Episode On YouTube Listen To This Episode: Apple Spotify…
Continue ReadingThe proof is in the pudding when it comes to Bitcoin’s proof-of-work mechanism versus a proof-of-stake consensus mechanism debate. There have been countless arguments surrounding both the proof-of-work (PoW) and…
Continue ReadingAdam Gibson, aka Waxwing, is the lead maintainer for one of Bitcoin’s most prolific CoinJoin projects. And he sees a bright future for transaction privacy. In a recent interview with…
Continue ReadingStandards put forth by the open-source software team at Blockchain Commons will help individuals get the most out of Bitcoin. The below is a direct excerpt of Marty’s Bent Issue…
Continue ReadingIn a recent explanation of Ethereum’s roadmap, Vitalik Buterin inadvertently made the case that building on Bitcoin is our only path to decentralization. In a recent blog post called “Endgame”,…
Continue ReadingInstant Bitcoin: My First 30 Days On Lightning This is a journal of my experience with Lightning that will be useful to any newcomers to Bitcoin or Lightning. As a…
Continue ReadingIt would take an attacker with 100% of current hash rate over two years to rewrite the Bitcoin blockchain, an all-time high. The below is a direct excerpt of Marty’s…
Continue ReadingAn incredibly interesting way to figure out the value of an ASIC given its consumption and profitability over an extended period of time. This article is to serve as nothing…
Continue ReadingCompact Blocks, used by Bitcoin Core nodes since version 0.13, contain minimal amounts of data to improve efficiency. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google…
Continue ReadingBitcoin offers an irreversible digital property function that prior to its invention simply did not exist. Understanding Bitcoin is a one-way hash function should make sense because a hash function…
Continue ReadingCould Bitcoin stick it out like a roach, or would a worldwide collapse lead to the inevitable demise of Bitcoin? We often use the term “anti-fragile” or “censorship-resistant” to describe…
Continue ReadingMessage privacy, increasingly important to Bitcoiners, can be achieved with public and private key cryptography. As a Bitcoiner, you’re going to need a secure way to communicate privately, without relying…
Continue ReadingWhile we’ve explored Taproot before, here we pay particular attention to how the upgrade will impact hardware wallets. Taproot recently activated on Bitcoin’s mainnet. The inclusion in Bitcoin’s protocol, however,…
Continue ReadingBitcoin has undergone many improvements over the years — and not without its share of controversy. The Behemoth The Behemoth, a primeval, “unconquerable beast” in the biblical book of Job.…
Continue ReadingEverything you need to know about utilizing CoinJoin in your bitcoin transactions. Preliminaries To understand CoinJoin, it would help to understand UTXOs (unspent transaction outputs) and Bitcoin transactions. You can…
Continue ReadingThe perpetual Ethereum difficulty bomb is evidence that blockchains can be coercive, and Bitcoin is evidence that they don’t have to be. Can open-source blockchains be coercive? In a recent…
Continue ReadingA group of Lightning network experts explore the scalability properties of federated chaumian mints. Watch This Episode on YouTube Listen To This Episode: Spotify Apple Google Libsyn Overcast [0:07] P:…
Continue ReadingWhile ZeroLink CoinJoin implementations are generally more popular, the JoinMarket project has potential to offer decentralized and truly private Bitcoin mixing. When they hear the word “CoinJoin,” the first things…
Continue ReadingMany think that smart contracts are only executable on overly-complex blockchains, but Bitcoin is a smart contract platform by definition. What is a smart contract? This is a question that,…
Continue ReadingThe hardware wallet maker released its new Bitcoin application, allowing users to enjoy more complex wallet functionalities. Ledger has launched the latest version of its Bitcoin application, adding support for…
Continue ReadingIteration upon iteration of DeFi platforms simply exposes the necessity for the decentralized network of bitcoin to act as a base layer. Led by Ethereum, a new financial system based…
Continue ReadingEmerging apps like Nunchuk 2.0 show that a robust decentralized financial system is being built on Bitcoin with self sovereignty in mind. The below is a direct excerpt of Marty’s…
Continue ReadingAs the bears lick their wounds and escape to the caves for the winter, Bitcoin sinks its teeth into a new animal; the duck curve of the energy grid. FIRST…
Continue ReadingTaproot activation is a fantastic step forward for the Bitcoin network in terms of security and scalability. A Bitcoin Core developer by the name of Gregory Maxwell released the notes…
Continue ReadingTaproot and Schnorr will be boons for bitcoin usability, allowing individuals to do much more with their UTXOs. The below is a direct excerpt of Marty’s Bent Issue #1111: “Taproot…
Continue ReadingDiscussing a recent attack on the Bitcoin network, in which some nodes were flooding peers with fake IP addresses. Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple…
Continue ReadingThe highly-anticipated upgrade is set to roll out over the weekend, changing Bitcoin for the better. Understanding exactly what about the Bitcoin network implementing Taproot changes is necessary for understanding…
Continue ReadingTaproot and Schnorr signatures are going live at block 709,632. Here’s what you need to know about what this means for Bitcoin. Taproot and Schnorr signatures are going live on…
Continue ReadingThe topography that is emerging on the Lightning Network seems to be mimicking many things we find in nature. The below is a direct excerpt of Marty’s Bent Issue #1109:…
Continue ReadingBy making transactions cheaper, more efficient and more private, Taproot sets the stage for extra functionality on the Bitcoin network. Much has been written about Bitcoin’s Taproot upgrade, and plenty…
Continue ReadingJamming attacks on Bitcoin‘s Lightning Network, akin to DDoS attacks, haven’t been carried out yet. But mitigation is needed. The below is a direct excerpt of Marty’s Bent Issue #1106:…
Continue ReadingMany Bitcoiners hope to one day be able to send bitcoin on-chain in a private manner: for now, Liquid can help with confidential transactions. Hardcore Bitcoiners are understandably skeptical about…
Continue ReadingIn this episode of “The Van Wirdum Sjorsnado,” the hosts discussed sighash flag SIGHASH_ANYPREVOUT and Eltoo, a proposed Layer 2 protocol. Watch This Episode On YouTube Listen To This Episode:…
Continue ReadingThe founder of Lightning company LNPay.co discusses how his API service helps businesses integrate Lightning Watch This Episode on YouTube Watch/Listen To This Episode: BitcoinTV Rumble Spotify Apple Google Libsyn…
Continue ReadingThe creator of Blixt Wallet discusses the various wallet options for lightning and the future of the lightning ecosystem Watch This Episode on YouTube Watch/Listen To This Episode: BitcoinTV Rumble…
Continue ReadingRapid progress in quantum computing could pose a risk to certain types of bitcoin transactions. So how can we combat this risk? Rapid progress in quantum computing is predicted by…
Continue ReadingDecentralized Identifiers (DIDs) built on the immutable ledger of Bitcoin can empower users to secure their own personal data on the web. On October 4, 2021, Facebook, along with WhatsApp…
Continue ReadingDiscussing and explaining the technicalities of El Salvador’s government-directed bitcoin wallet, Chivo. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of…
Continue ReadingLeaders in the Lightning Network discuss Chivo wallet, miner extractable value, replace-by-fee and more. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast With the…
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