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With the adoption and the increasing number of Bitcoin transactions, a new technology is needed to speed up the Bitcoin transaction process. One solution is the Bitcoin Lightning Network (LN), a payment protocol that is useful…
Author: Dea Rezkitha
Reading Time: 4 minutesBitcoin is the first asset to have absolute scarcity. And this scarcity is governed by an algorithm in the Bitcoin source code. Only 21 million Bitcoins will ever be created, and once they are all mined, no…
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Many think that bitcoin is anonymous, but actually, bitcoin is more pseudonymous. The difference is that anonymous means that someone’s identity is completely unknown, while pseudonym means that someone uses another name but the person’s identity…
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Who doesn’t know DeFi, or decentralized finance? Decentralized Finance or DeFi is a financial application ecosystem based on blockchain that can operate without a central authority such as a bank or other financial institution. DeFi is…
Reading Time: 4 minutesBitcoin Conference is an annual event held as a gathering for bitcoiners from all over the world. The Bitcoin Conference has been held three times since 2019. In 2022, the Bitcoin Conference was held in Miami, Florida.…
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Sidechain is a mechanism to make transactions on the blockchain work more efficiently. How does it work, and what are some examples of sidechains? See more in this article.
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đź”— A sidechain is a…
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El Salvador’s historic adoption of Bitcoin as legal tender highlights the significance of the Lightning Network. By leveraging the Lightning Network, Bitcoin transactions, including BTC transfers and merchant payments, have gained notable speed and cost-effectiveness. This…
Reading Time: 5 minutesThose who are seeing crypto asset price movements for the first time may be surprised by the sharp price fluctuations. Because of the extreme volatility of cryptocurrency prices, new investors may be hesitant to invest. However, price…
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The money supply continues to grow, making the value of the currency decrease and causing inflation. This has triggered many people to look for alternative means of exchange whose value continues to increase, one of which…
Reading Time: 5 minutesThe transparency of crypto assets such as Bitcoin is one of the benefits that make them appealing to investors. Because it means that anyone can monitor the movement of Bitcoin supply and demand and the activity on…
Reading Time: 5 minutesBitcoin recently completed its most significant network upgrade in four years. The update, called Taproot, aims to streamline Bitcoin transaction processing and make it more efficient in terms of speed and cost. What is Taproot and how…
Reading Time: 3 minutesAs in the case of physical assets, we also need to pay attention to how to store your digital assets safely. Of course, these two types of assets have different ways to secure it. We can see…
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Node is an important part of a blockchain network, a digital ledger that records transaction information of crypto assets. Nodes ensure Bitcoin can operate as a peer-to-peer distributed economic system and make the blockchain a trusted…
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When learning about bitcoin and the mining process, you are bound to come across various new terms, one of which is nonce. To understand what a nonce is, we need to first learn what a hash…
Reading Time: 3 minutesWe’ve already covered the basics of how Bitcoin works. But what about a more detailed mining process? the Bitcoin mining process is a method of processing and securing data such that it is permanent and unchangeable. This…