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Bitcoin Controlled supply

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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

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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

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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?

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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

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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

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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?

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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...

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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

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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

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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...

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