Andy Owethu
Bitcoin Mining, Bitcoin Security
Proof-of-Work (PoW) is a consensus mechanism used in blockchain networks to validate transactions, such as Bitcoin, and secure the network. This concept was first introduced in 1993 by Cynthia Dwork and Moni Naor as a way to prevent email spam. However, it wasn’t until 2009 … Read further
The Bitcoin whitepaper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” was published by an anonymous individual or group known as Satoshi Nakamoto on October 31, 2008. This groundbreaking document outlined the conceptual framework for Bitcoin, a decentralized digital currency that operates without a central authority. … Read further
There are various concepts and terminologies that are crucial to understanding how the blockchain operates. One such concept is “Bitcoin Dust.” I am going to look into Bitcoin dust, its implications, and how to manage, avoid and eliminate it. What is Bitcoin Dust? Bitcoin dust … Read further
Two of the most significant upgrades in Bitcoin’s history are SegWit(Segregated Witness) and Taproot. They are two key protocol upgrades that have significantly improved Bitcoin’s functionality. Let’s break down their individual strengths, the implications for Bitcoin users and miners, and see how they work together. … Read further
Both Trezor and Bitkey are open-source hardware wallets designed to simplify Bitcoin security and securely store your Bitcoin. Both offer distinct features and functionalities. Here’s a breakdown to help you decide which one suits you best. What is Bitkey? Launched in December 2023, Bitkey is … Read further
Both Hodl Hodl and Bisq are non KYC, peer-to-peer (P2P) Bitcoin exchanges, but they cater to different preferences. After thorough research and analysis, we have compiled a comprehensive comparison of these two platforms to help you decide which one suits you best. What is Hodl … Read further
Are you interested in buying Bitcoin in South Africa, but unsure where to start? You’re not alone. As the popularity of Bitcoin continues to grow, many South Africans are looking to purchase Bitcoin. Whether you’re a seasoned Bitcoin user or just starting out, we’ll show … Read further
Bitcoin Fees, Bitcoin Security, Privacy
As a seasoned Bitcoin enthusiast, I’ve come to appreciate the various tools and features that enhance the user experience and provide greater control over transactions. One such feature is Coin Control. I’m excited to share my personal knowledge and experience on the often-overlooked topic of … Read further
As a seasoned user of Child-Pays-For-Parent (CPFP), I’m excited to share my knowledge and experience. In this article, I’ll delve into the world of CPFP, explaining what it is, how it works, its benefits, and more. I’ve encountered the occasional slow-moving transfer. Let’s face it, … Read further
Bitcoin Miners in Africa The map below visualizes the landscape of Bitcoin mining across Africa. Click the marker icons to discover details about the companies involved. For a deeper dive, explore additional information about Bitcoin mining in Africa below the map. What is Bitcoin … Read further
Electrum and BlueWallet are Bitcoin-only wallets that are each made for distinct user preferences, experience, and requirements. While BlueWallet offers a desktop app for macOS and a mobile app for both iOS and Android, Electrum is available for desktops (Windows, Mac, Linux) but only for … Read further
Managing multiple addresses for a single Bitcoin wallet can be cumbersome. The Bitcoin Extended Public Key, or xPub for short, is a cryptographic key that simplifies this process while maintaining security. What is an xPub, and what is it used for? At its core, xPub … Read further
Bitcoin’s popularity has led to a challenge: slow transaction times and high fees. Two innovative solutions have emerged: Liquid Network and Lightning Network. Let’s break down their differences. What is Liquid Network? The Liquid Network, launched by Blockstream in 2018, serves as a sidechain for … Read further
Wasabi Wallet and Samourai Wallet are both noncustodial, open-source Bitcoin wallets designed with a focus on privacy and security. They share common features such as CoinJoin, which anonymizes transactions, Tor integration, which masks users’ IP addresses, Taproot, and SegWit. Furthermore, both are Bitcoin only wallets. … Read further
A desktop Bitcoin wallet is a software program installed on your computer that allows you to securely store, send, and receive Bitcoin. This means you can have a Bitcoin wallet on your computer and manage your digital assets directly from your desktop. How does a … Read further
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