A Deep Dive into the Lightning Network The Lightning Network is Bitcoin’s answer to the need for speedier and more economical transactions. …
January 2024
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Mining Tutorials
How to Check the Balance of Any Bitcoin Address and See Transaction Details Using bitcoin-cli
by Drew Elianby Drew ElianBitcoin’s decentralized nature allows anyone to inspect transaction details and address balances on the blockchain. For those seeking a more technical and …
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In the ever-evolving world of cryptocurrency trading, understanding market dynamics is key to making informed decisions. Among the myriad strategies and phenomena …
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In the intricate ecosystem of Bitcoin, the transaction hash (Tx Hash) stands as a fundamental element. It’s an alphanumeric code unique to …
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Featured
Bitcoin Mining: Insights from Episode 200 of The Bitcoin Standard Podcast
by Drew Elianby Drew ElianIntroduction In the landmark 200th episode of The Bitcoin Standard Podcast, the world of Bitcoin mining economics is dissected with remarkable clarity …
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Introduction to Ordinals in Bitcoin In the ever-evolving landscape of Bitcoin, a new concept has gained traction – that of ordinals. These …
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Innovation Hub
The Byzantine Generals’ Problem and Bitcoin’s Innovative Solution
by Drew Elianby Drew ElianUnderstanding the Byzantine Generals’ Problem The Byzantine Generals’ Problem is a famous dilemma in computer science, representing the challenges of achieving consensus …
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In the dynamic world of Bitcoin mining and node management, security is paramount. One of the less discussed but potentially devastating threats …
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The loss of a Bitcoin hardware wallet can be a stressful experience, especially for beginners in the cryptocurrency world. However, with the …
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Mining Economics
What are Weight Units(WU) in Bitcoin Mining: A Beginner’s Guide
by Drew Elianby Drew ElianThe world of Bitcoin mining is intricate and filled with technical nuances. One such concept central to the mining process is Weight …