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...
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...
Stellar Gears Up to Implement Lightning Network
Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been...
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...
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...
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...
Bitcoin Halving: Definitive Guide
Bitcoin halving is often referred to as “Halvening”, it’s a formulated reduction in the reward coins offered to the miners using a predefined blockchain...
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...
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...
Risk of SegWit – Mining Cartels
The bitcoin community continues to debate Segregated Witness, the Bitcoin Core development team’s proposed scaling solution which would separate signature data (witnesses) from transaction...
