LNURL is a standard protocol for Lightning Network-based bitcoin payments that enables users to interact with Lightning-enabled services via simple and easy-to-use URLs. These URLs are encrypted with cryptographic data, allowing for secure and efficient communication between the user’s Lightning bitcoin wallet and the Lightning … Read further
In recent years, Bitcoin has gained significant traction and widespread adoption, attracting not only investors and entrepreneurs but also politicians, policymakers, and everyday people. This article aims to explore various politicians around the world who have expressed support for Bitcoin and delve into the reasons … Read further
The Africa Free Routing initiative is a non-profit Bitcoin Lightning node run by African Bitcoiners with the objective of positioning Africa as a prominent player in the lightning payments landscape. The profits generated from operating lightning nodes will be channeled towards advancing Bitcoin education in … Read further
When buying bitcoin, it’s good practice to use exchanges that support extra layers of security to login. For this purpose, it’s most common to use 2fa standards (sometimes also called MFA). This means that alongside a strong password (generated by a password manager such as … Read further
VPN is an abbreviation for Virtual Private Network. It is a service that allows you to connect to the internet securely while also protecting your online privacy and security by establishing an encrypted tunnel between your device and the VPN server. When you connect to … Read further
What is a SegWit address? Segregated Witness, or SegWit, is a proposed solution to the Bitcoin network’s scalability problem. It is a Bitcoin address that separates transaction data from signature data (witness data), making transactions smaller and fitting more into each block. SegWit addresses emerged … Read further
CoinJoin is a technique used as a bitcoin anonymizer to enhance transaction privacy. It was first proposed in 2013 by Bitcoin developer Greg Maxwell as a way to improve Bitcoin users’ privacy. CoinJoin operates by combining several bitcoin transactions into a single transaction. This makes … Read further
Bitcoin is a revolutionary new approach towards money. It implies that everyone has the potential to become their own bank, with the ability to transact freely without the need for intermediaries. This has the potential to empower individuals and communities, particularly those who have been … Read further
Bitcoin mining rigs are specialized computers that are used to solve complex mathematical problems to create a new block in the blockchain, and in turn, generate a reward in the form of a bitcoin. Bitcoin transactions are secured and validated by a network of computers … Read further
Africa is on the cusp of a financial revolution with Bitcoin. This digital currency offers a faster, cheaper, and more secure way to send and receive money compared to traditional methods. Bitcoin’s potential is further amplified by the Lightning Network, a second-layer protocol built on … Read further
Bitcoin self-custody is the act of individuals directly holding their own bitcoin without the use of intermediaries such as exchanges or other third-party services. This enables you to have complete control and responsibility over your bitcoin by securely storing in a self-custodial wallet using your … Read further
As of 2023, there exist 584 centralized exchanges, playing a crucial role in the fiat/Bitcoin economy as on- and off-ramps for buying and selling Bitcoin. However, it is important to keep in mind that these exchanges should not be considered friends. They simply provide a … Read further
Hyperbitcoinization (h17n) is the process by which Bitcoin becomes the default or main means of exchange for transactions. It is driven by an increase in the acceptance and use of Bitcoin as a medium of exchange, and by a decrease in the use of other … Read further
Dollar cost averaging (DCA) or recurrent buys is an investment strategy by which an investor uses fixed amounts of money to invest in a set period of time. For example, you use the same amount of national currency (fiat money such as euros or dollars) … Read further
The Lightning Network is a bitcoin payment technology that runs on top of a blockchain. It is intended to allow for quick, low-cost, and private Bitcoin transactions between participating nodes. The Lightning Network’s basic premise is to allow users to create off-chain payment channels between … Read further
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