[Jan 25 1:06 PM] Is it really surprising, given that cats have essentially dominated the internet for the last two decades, that cat memes have finally taken over the Bitcoin space as well in the last few weeks? Cats are the most viral meme on the internet, so it's…
[Jan 22 8:30 AM] What started as a single transaction from Satoshi to Hal Finney, has evolved into a complex system of industrial scale miners, evolving meta-protocols like the Lightning Network and Fedimint, and a full embrace of institutional investors with the…
[Jan 20 4:00 AM] The challenges associated with physical work and delayed payments, as discussed in the construction and logistics industries articles, might not be as directly applicable to industries with less physical movement. However, the principles of instant…
[Jan 16 10:00 AM] The fourth Bitcoin halving is almost upon us, and this one has the potential for some very interesting surprises. This halving marks the reduction of the Bitcoin supply subsidy from 6.25 BTC every block to 3.125 BTC per block. These supply…
[Jan 16 9:17 AM] The core of Bitcoin’s security model relies on this basic game theory—miners, armed with their digital pickaxes, are in a relentless chase for profit. And it’s this pursuit that keeps the network secure. Basic vanilla mining involves producing…
[Jan 12 2:30 PM] OP_CHECKTEMPLATEVERIFY has once again become a focal point in the conversation about improvements to scale Bitcoin. This time around there are many more alternative designs for covenants being proposed, and actual concrete designs that make use of…
[Jan 11 12:45 PM] Get ready, brace yourself. Reading this might enrage and confound you, it might confuse you, you might even get mad enough to punch your screen (don’t do that.) Consider this a trigger warning.Bitcoin is a database. Period. That is what it is. The…
[Jan 8 2:45 PM] CommerceBlock is releasing Mercury Layer today, an improved version of their variation of a statechain. You can read a longer form explanation of how their Mercury statechains work here. The upgrade to Mercury Layer represents a massive improvement…
[Jan 8 8:00 AM] Today Breez announces FiatLink, an open API standard for the integration of on and off ramps directly inside of Lightning wallets and applications. Currently there are many issues with seamless integration of Bitcoin to fiat exchanges inside of…
[Jan 3 4:00 AM] Now that we have seen how instant settlement can affect the construction industry let’s see the next industry that can have a huge impact - logistics.To begin, let's examine the logistics industry through the lens of an online order example. What…
[Dec 22, 2023 11:00 AM] OCEAN Mining has released an update to their pool software allowing miners to individually choose between a set of different block templates to mine on. Miners can choose between these three templates at this time: The default OCEAN Knots template…
[Dec 21, 2023 10:45 AM] Bitcoiners Need The GuillotineAs Scottish economist and philosopher David Hume observed in A Treatise of Human Nature, nothing we know about what is true can tell us what ought to be true and nothing we know about what ought to be true can tell us…
[Dec 20, 2023 8:00 AM] Yesterday the Human Rights Foundation announced a wave of new grants for a diverse range of projects. I want to focus on one specific project and grant: Braidpool, and the grant Kulpreet Singh received to continue his work on actually implementing…
[Dec 19, 2023 10:00 AM] Bitcoin Maxis are patting themselves on the back after the launch of the Taproot Assets protocol for Bitcoin and Lightning. And they’re quite right to do so. Lightning Labs mainnet Alpha launch last month was big news. Up till now Ethereum and Tron…
[Dec 18, 2023 11:09 AM] This year has seen a massive upswing in demand for the limited space available within bitcoin blocks, leading to higher fees for on chain transactions. Much of the demand is for transactions revealing inscriptions. The contents of these…
[Dec 16, 2023 4:00 AM] As I delve deeper into the realm of Bitcoin and the Lightning Network, I am consistently struck by the potential benefits it holds for humanity. The realization of how inefficient and broken our societal structures are due to the limitations of…
[Dec 15, 2023 11:33 AM] Traditionally, the mining industry has been vilified for its environmental impact and energy use. This article describes the industry where mining can have an immediate positive impact – fossil fuel operations. BackgroundThe run-up to November 2023…
[Dec 12, 2023 12:00 PM] Ever since the infamous Taproot Wizard 4mb block bitcoiners have been alight, fighting to try and stop inscriptions. Inscriptions are definitely not good for bitcoin, but how bitcoiners are trying to stop them will be far worse than any damage…
[Dec 11, 2023 11:30 AM] This piece is an entirely and deeply serious parody. Bitcoin mines aren’t just thirsty, it turns out they’re starving for air, too. The air consumption tied to a single Bitcoin transaction, on average, could be enough for a DINK couple to…
[Dec 11, 2023 9:00 AM] The “bitcoin uses fossil fuels” argument has been increasingly breaking down in the face of new data from Bloomberg Intelligence showing the network is in fact the most sustainable-energy backed industry on the planet with 53% energy coming from…
[Dec 8, 2023 8:00 AM] Like most things, it’s hard to talk about the solution if we don’t properly define the problem first. So, let’s start there. Last week, Elon Musk and Andrew Ross Sorkin conducted an hour-long interview full of awkward and strange moments. For…
[Dec 6, 2023 12:00 PM] Satoshi Nakamoto is God and Bitcoin’s design is perfect. Or is it? There's one feature of the protocol that keeps bugging me: the Halvening (halving, whatever). I'm sure Naka thought this over. His first Bitcoin must have had an incremental…
[Dec 5, 2023 2:34 PM] CrowdHealth, a crowdfunding platform for paying medical experiences in lieu of an insurance policy, is integrating Lightning payments with Breez’s Lightning SDK. The United States spends more than twice the average amount of money on healthcare in…
[Dec 4, 2023 12:33 PM] Well, let’s just say the launch of Ocean from the social perspective was anything but smooth. The decision to filter out transactions conducting inscriptions should have been communicated clearly on launch day, instead speculation lead to a chaotic…
[Nov 30, 2023 9:00 AM] The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to actually send Bitcoin transactions. Bitcoin is considered to be the most secure…
[Nov 29, 2023 11:40 AM] Botanix Labs has officially launched the first-ever fully decentralized Ethereum Virtual Machine (EVM) equivalent Layer 2 on Bitcoin, according to a press release sent to Bitcoin Magazine. This represents over a year of dedicated research…
[Nov 28, 2023 10:30 AM] Traditionally, creating an n-of-n multisig using CHECKMULTISIG means you’ll publish a proportional number of signatures and public keys on the blockchain to signers in the transaction. This approach not only reveals the total number of participants…
[Nov 27, 2023 11:02 AM] Lightning is doomed. High fees from Ordinals have killed all hope of scaling Bitcoin non-custodially, there is no chance at all that people will be able to cost effectively open channels or enforce hung payments on-chain when necessary. It’s all…
[Nov 21, 2023 12:30 PM] Bitcoin miners provide a valuable service to the ecosystem. In exchange for the work they do securing the network, they are rewarded by the same network they protect. This sound and elegant design by Satoshi is surely one of the most remarkable…
[Nov 15, 2023 2:46 PM] Atomically purchasing digital files with digital currency is an idea that has a long history in this space. Digital goods, digital money, the two seem like a perfect pairing together. Digital goods, i.e. information, are also massive markets. Think…
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