Bitcoin Controlled supply
Bitcoins are created each time a user discovers a new block. The rate of block creation is adjusted every 2016 blocks to aim for...
The Inbound Capacity Problem in the Lightning Network
In the last couple of weeks, many people in the Bitcoin community have been talking about inbound capacity in the Lightning Network....
Lightning Network Centralization Leads to Economic Censorship
A few months ago, I wrote an article called “Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution”. It received quite a bit of...
How do Bitcoin Transactions Work?
Bitcoin transactions are sent from and to electronic bitcoin wallets, and are digitally signed for security. Everyone on the network knows about a transaction, and...
SegWit transaction capacity increase compared to Bitcoin Cash
Abstract: In September 2017, we wrote a piece on the SegWit capacity increase. Here, we provide an update on SegWit adoption with six more months of transaction...
A Beginner’s Guide To Bitcoin & Blockchain Technology
Interested in knowing about BITCOIN?
Then you are at right place, Bitcoinfy.net provides vivid information about Cryptocurrencies and Bitcoin in detail.
ARE YOU A BEGINNER?
Bitcoinfy.net vindicates brief...
Is Bitcoin mining worth it?
This is a simple question with a complex answer. There are a few different factors that influence whether or not Bitcoin mining will be...
When the Fork Forks: What You Need to Know as Bitcoin Cash Goes to...
Around 16:40 UTC tomorrow, November 15, 2018, the Bitcoin Cash network is set to undergo another hard fork upgrade. But contention about this upgrade...
Bitcoin Cash Upgrade Milestone Complete: 32MB and New Features
The Bitcoin Cash network has officially upgraded the blockchain protocol at approximately 1:54 EDT by extending the current block size fourfold from 8MB to...
Lightning’s First Implementation Is Now in Beta
Today, March 15, Lightning Labs announced lnd 0.4-beta, the first beta release of the Lightning software implementation spearheaded by the development company. This makes lnd the first...
