Tag: technical

Aug 19 2022

Now That Authorities Have Shut Down Tornado Cash, Is Bitcoin Next?

Crypto privacy advocates were appalled when U.S. authorities sanctioned and shut down Tornado Cash. Could Bitcoin survive a similar attack?Despite being an automated, decentralized version of a typical cryptocurrency mixer, Tornado Cash was sanctioned by the U.S. government last week as the Treasury Department’s Office of Foreign Assets...

With Drivechain, Bitcoin Will Make Altcoins Obsolete

Drivechain, a proposed soft fork via BIPs 300 and 301, could introduce a portfolio of sidechains to Bitcoin and replicate any altcoin use case.This is an opinion editorial by Nikita Chashchinskii, a software developer working on BIP300 sidechains.Drivechain as defined in BIP300 and BIP301 offers a new vision for Bitcoin, in which the following problems are...

Aug 18 2022

How The Early Days Of The Internet Is Similar To Building On Bitcoin

Understanding how the internet protocol was built using layers can help paint a picture of the Bitcoin network and how it can develop in a similar fashion.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Nate of Voltage to talk about how the Lightning Network can transfer value...

Aug 15 2022

Learning About Bitcoin Basics With Hash Functions

Hash functions are a one-way mathematical problem. If a person has the resulting hash, it is impossible to convert it back to the original data.Watch This Episode On YouTube Or...

Aug 13 2022

Bitcoin Fedimints Offer Privacy In Exchange For Trust And Custody

Ben Carman and Tony Ronning break down how the Lightning Network functions and what to expect in the coming years from Bitcoin and Lightning.Watch This Episode On YouTube Or...

How To Protect Yourself With A More Secure Kind Of Multi-Factor Authentication

There are many ways to improve your security with multi-factor authentication, but some kinds offer more protection from hacking and tracking.This is an opinion editorial by Heidi Porter, an entrepreneur with 35 years in technology.User SecurityIn previous articles about...

Aug 09 2022

Lightning Network’s Advantages As Payment Technology

Bitcoin’s Lightning Network is a Layer 2 technology that offers many advantages over altcoins for making Bitcoin into a peer-to-peer payments technology.This is an opinion editorial by Yuya Ogawa, a software engineer and co-host of the Diamond Hands community.This article is based on the content of the “Understanding Lightning” report...

Aug 06 2022

Border Wallets: A New Way to Create and Easily Memorize Bitcoin Seed Phrases

Using patterns to remember bitcoin seed phrases is a useful tool which can come in handy if someone is needing to move across borders without being detected.This is an opinion editorial by Wartime Microchad, a contributor for Bitcoin Magazine.IntroductionSince the introduction of Bitcoin Improvement Proposal (BIP) 39, Bitcoiners have had the option to memorize the information...

Aug 05 2022

Tapsigner Bitcoin Hardware Wallet: Security Meets Convenience?

Coinkite’s new credit card-like bitcoin hardware wallet aims to unite affordability with convenience to scale cold storage to a broader market worldwide.Bitcoin company Coinkite has launched its newest hardware wallet, Tapsigner, in an attempt to facilitate cold-storage bitcoin self-custody.The product, which resembles a credit card more than traditional hardware wallets, comes at $40 and aims to serve as a...

Aug 04 2022

Simplifying Bitcoin Addresses Using DNS

DNS might be disregarded as old technology, but it could provide greater address functionality and ease of verification.This is an opinion editorial by Mark Jeftovic, cofounder and CEO of easyDNS Technologies Inc. and author of “Managing Mission Critical Domains and DNS.”From the moment I discovered Bitcoin back in 2013, I knew there would eventually have to be a way to reference...

Aug 03 2022

Galoy Brings U.S. Dollars To Bitcoin’s Lightning Network

In addition to its new bitcoin-backed U.S. dollar balance on Lightning, Galoy also announced a $4 million raise.Galoy Inc., the team behind the wallet of El Salvador’s Bitcoin circular economy Bitcoin Beach, is adding a new feature to that infrastructure: bitcoin-backed synthetic U.S. dollars.Often...

Jul 27 2022

Expanding Bitcoin Custody Models With FediMint

The Fedi team is using the ideas behind Chaumian Ecash to develop alternative custody solutions in order to onboard many more people to bitcoin.Disclaimer: The author is a venture partner at Ten31, which co-led Fedi's seed round.The below is a direct excerpt of Marty's Bent Issue #1241: “Fedi is here to bring a...

Jul 26 2022

Federated Sidechains Are Bitcoin’s Original Upgradeable Sidechain Implementation

Federated sidechains utilize key management to provide security and allow functionality beyond the Bitcoin mainchain.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host.Federated sidechains are currently the only deployed type of Bitcoin sidechain (the most recent...

Jul 25 2022

How To Learn About Bitcoin Using Video Tutorials

Educational videos are a great resource for learning about Bitcoin tools and how to use them. BTC Sessions has made it his mission to make helpful videos.This is a transcribed version of the Bitcoin Magazine Podcast, hosted by P and Q. In this episode, they are joined by BTC Sessions to talk about his process of making educational Bitcoin content....

Keet Is Introducing P2P Digital Communications, Will Integrate Bitcoin Payments

The new P2P video and chat app, Keet, offers private and secure communications, with Bitcoin payments on Lightning on its roadmap.Cryptocurrency exchange Bitfinex and USDT stablecoin issuer Tether have collaborated with the Hypercore open-source protocol team to launch a new peer-to-peer (P2P) communications application, Keet.Keet allows a given set of parties to exchange instant video, message and file...

Making Lightning Payments Private Again With pLN

pLN is a new wallet project that aims to make it easy for users to follow the “happy path” of making bitcoin payments privately on Lightning.A version of this article was originally published on BC1984.“Citadel Dispatch” episode 70, "...

Jul 23 2022

Using Bitcoin To Establish VPN Connections Without Trusted Third Parties

A Bitcoin VPN allows two or more parties to discover each other and be able to communicate privately over the public internet without trust.This is an opinion editorial by Moustafa Amin, a technology leader with more than 20 years of professional experience across large organizations, service providers and telephone companies.Bitcoin is undoubtedly the world’s newest form of money....

Drivechains Allow Sidechain Node Operators To Pay Miners To Mine — And More!

Drivechains, like softchains, are another sidechain implementation with two- way peg functionality.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. This time I'm going to be breaking down and discussing how drivechains work; they were initially proposed in 2015. Out of all the proposals discussed so far, drivechains are the...

Jul 22 2022

Three Bitcoin Mining Downward Difficulty Adjustments In A Row

This will be the third mining difficulty downward adjustment in a row with four downward adjustments over the course of the last five difficulty epochs.The below is a direct excerpt of Marty's Bent Issue #1240: “Another downward difficulty adjustment is on the way.” Sign up for the newsletter...

Softchains Bring Two-Way Pegs And Potential Room For Use Cases — But Not Without Security Costs

Softchains are a sidechain implementation that interact on a deeper level with consensus mechanisms, which can bring benefits and risks.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech- oriented Bitcoin podcast host.In this next piece looking at different sidechain implementation designs, we're going to go through...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: