9 / 9 Relevant items tagged with #TECHNICAL

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Bitcoin NFTs Protocol Ordinals Nears 50,000 Inscriptions

[Feb 10, 2023 1:17 PM] With the introduction of Ordinals, Bitcoiners have now inscripted more than 45,000 NFTs directly onto the Bitcoin blockchain.Bitcoin is nearing 50,000 inscriptions on the Bitcoin blockchain. From Bitcoin Punks to audio recordings of farts, the…

How Inscriptions Impact Bitcoin Block Space

[Feb 9, 2023 2:00 AM] The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…

Concerning Ordinals.

[Feb 6, 2023 11:00 AM] An objective look at the technical concerns behind Ordinals and the implications on the Bitcoin network.This is an opinion editorial by Mark Goodwin.ordinal (adj.)c. 1400, "regular, ordinary; well-regulated, proper," from Old French ordinel and…

Ordinals Project Launches Enabling NFTs Directly On Bitcoin

[Jan 31, 2023 3:12 PM] The controversial project has been met with equal parts excitement and criticism in regards to its impacts on Bitcoin.A project called Ordinals has launched on the Bitcoin blockchain, effectively enabling Bitcoin-native on-chain NFTs. Led by…

The Costs Of Running A Bitcoin Node In Nigeria

[Dec 13, 2022 8:34 PM] The hardware, electricity and internet costs of running a Bitcoin node in Nigeria and ideas for mitigating these costs.In this article, I enumerate the costs of setting up and running a node in Nigeria, informed by my experience of running one over…

How Erlay Helps Preserve Bitcoin’s Decentralization

[Dec 9, 2022 8:24 PM] Erlay is a new relay protocol that seeks to minimize the bandwidth usage required to connect Bitcoin full nodes.This is an opinion editorial by Kudzai Kutukwa, a passionate financial inclusion advocate who was recognized by Fast Company magazine as…

Navigating The Different CoinJoin Implementations

[Dec 7, 2022 9:22 AM] How does one cut through the noise and confusion to find the optimal way to utilize CoinJoins and obscure their bitcoin transactions?This is an opinion editorial by Thibaud Maréchal, a contributor to privacy-focused Bitcoin wallet project…

Proof-Of-Work Is The Only Viable Form Of Consensus

[Dec 3, 2022 8:00 PM] Bitcoin’s consensus mechanism ensures that work needs to be done in order for transactions to confirm and secures bitcoin in the fairest manner.This is an opinion editorial by Pierre Gildenhuys, the co-founder of a Hong Kong-based social…

Why I’ve Settled On The Electrum Bitcoin Wallet

[Nov 29, 2022 8:30 PM] The Electrum wallet allows Bitcoiners to interact with the protocol in ways that do not limit or sacrifice more detailed features for a friendlier interface.This is an opinion editorial by Arman The Parman, a Bitcoin educator passionate about…

Bitcoin Core 24.0 Released: Here’s What’s New

[Nov 28, 2022 4:45 PM] The latest version of Bitcoin’s original software client brings improvements on usability, privacy and security. Here’s all you need to know.A new version of the original Bitcoin software launched by Satoshi Nakamoto in 2009 has been…

RGB Magic: Client-Side Contracts On Bitcoin

[Nov 22, 2022 4:32 PM] RGB is a method of ownership verification built on Bitcoin that allows for the continuation of Bitcoin’s properties.This is an opinion editorial by Federico Tenga, a long time contributor to Bitcoin projects with experience as start-up founder…

Should Full Replace-By-Fee Be Merged Into Bitcoin Core?

[Nov 21, 2022 8:15 AM] Weighing the pros and cons of the current debate in the Bitcoin community about whether to include full RBF into the next Bitcoin Core update.Watch This Episode On YouTube Or RumbleListen To The Episode Here:AppleSpotifyGoogleLibsynIn this episode…

Exploiting The Lightning Bug Was The Ethical Choice

[Nov 13, 2022 7:00 PM] By publicly exploiting a bug on Lightning that could have put users’ funds at risk, the developer was acting in the best interests of Bitcoin node runners.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and…

Is It Dangerous To Have Multiple Implementations Of Bitcoin?

[Nov 12, 2022 7:00 PM] What are the implications for having multiple implementations of the Bitcoin protocol? Do the positives outweigh the potential bugs and other issues?This is an opinion editorial by Bill Scoresby, a bitcoin-based small business owner and writer of…

The RBF Debate Is A Matter Of Incentives And Individual Choice

[Nov 9, 2022 8:00 PM] Full RBF, while contentious, is essentially a matter of time, either through incentivized miners or through individual nodes.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast…