Silent payments, also known as stealth payments or BIP352, represent a privacy-enhancing solution for Bitcoin transactions, allowing you to send Bitcoin without revealing your public address on the blockchain. This innovation enhances the anonymity of Bitcoin users by making it difficult to track transactions between … Read further
Coinbase and River Financial are two distinct Bitcoin exchanges. While Coinbase offers a wide array of cryptocurrencies and serves a global audience, River Financial is a Bitcoin-only platform catering specifically to U.S. users, particularly high-net-worth individuals and serious Bitcoin investors. This comparison will provide a … Read further
The Lightning Network (LN) is a second-layer protocol built on top of the Bitcoin blockchain that enables faster and cheaper transactions. One of the crucial components of LN is the Lightning invoice, which serves as a payment request for settling transactions over the network. In … Read further
Bitcoin mining has gained significant attention as a potential way to earn Bitcoin, but the process is often misunderstood, especially when it comes to so-called “free” mining sites. This article explores the concept of Bitcoin mining, the reality of free Bitcoin mining sites, and alternatives … Read further
Bitcoin Economy, Bitcoin Investment
A Bitcoin Exchange-Traded Fund (ETF) is a financial product that allows you to gain exposure to Bitcoin without needing to buy, store, or manage Bitcoin directly. ETFs are investment funds traded on stock exchanges, much like stocks. A Bitcoin ETF mimics the price movements of … Read further
Bitcoin Security, Bitcoin Wallet
A Bitcoin wallet is essentially a digital tool used to receive, store, and send Bitcoins. Bitcoin wallets do not actually hold Bitcoins; they merely hold the private keys necessary to access the Bitcoin on the blockchain. It serves as a digital counterpart to a physical … Read further
In recent years, Bitcoin has emerged as more than just a digital currency or speculative asset. It’s becoming a powerful tool for enforcing human rights, particularly in regions like Africa where traditional financial systems often fall short. Despite common misconceptions, Bitcoin’s unique properties make it … Read further
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
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