Bitcoin (40)

Have you hopped on the SocialFi train yet? New Bitcoin City and Friend.tech are two major SocialFi projects that each have a particular focus. New Bitcoin City, with its foundations in the Bitcoin blockchain, is a framework for game players and NFT collectors looking to use beyond just trading on exchanges. Meanwhile, Friend.tech, based on the Ethereum blockchain, is a decentralized social network that allows users to tokenize and monetize their interactions, creating an economic market for social interaction.

With Bitcoin gaining massive institutional interest and countries adopting it as a legal tender, the demand for regulated financial products for cryptocurrencies is growing. For instance, the bullish sentiment caused by the first Bitcoin futures-backed ETF in the United States — with over $1 billion traded on its first two days — indicates the growing market for crypto exchange-traded funds.

What are inscriptions? Inscriptions are a powerful new method of storing images, videos, audio, text, and code directly on a blockchain. Similar to NFTs, you can view inscriptions as digital artifacts. For example, if we were to examine ordinals, the metadata is encoded on a satoshi, the smallest unit of . Ordinals are a means of tracking individual satoshis, which you can attach data to the blockchain by inscribing them directly on chain.

Each year, the Bitcoin community enthusiastically celebrates Bitcoin Pizza Day to commemorate a significant milestone in cryptocurrency's history: the first-ever real-world transaction completed with Bitcoin.

When Bitcoin was introduced in 2009, it revolutionized decentralized transactions by enabling peer-to-peer exchanges without intermediaries. However, with the rise of non-fungible tokens (NFTs), Ethereum’s dominance of the market dominance left Bitcoin enthusiasts seeking ways to incorporate NFTs on Bitcoin. In response, Casey Rodarmor introduced ordinals, allowing NFT creation directly on the Bitcoin network. This innovation expanded the possibilities of the network, but did face some limitations.

The Taproot upgrade marked an interesting chapter in Bitcoin’s history when it launched in November 2021. One upgrade the industry is starting to witness more and more of is the network's smart contract capabilities. Taproot is designed to meet the growing demands of Bitcoin users while staying true to its decentralized roots.

A beginner-friendly introduction to Bitcoin’s SegWit, including what SegWit is, why it’s important, and what it achieves When Satoshi Nakamoto designed Bitcoin , he stipulated that the capacity of each block should not exceed one million, and the number of transactions that can be recorded in each one million capacity is extremely limited. In the earliest days, the capacity of each block of one million was enough to cope with the transaction volume of the niche market, but when the number of Bitcoin players surged, it became particularly congested.

Cross-chain bridges are a powerful force in crypto, allowing for the seamless transfer of your digital assets from one blockchain to another. The tool aims to improve the compatibility of different blockchains, simplifying the transfer of assets between various networks.

Over the past couple of months,  BRC-20 tokens  and  ordinals  have gained plenty of attention in the Bitcoin community. Some have suggested the developments could raise gas fees and take up unnecessary space on the blockchain. In contrast, others have hailed both as being among the most incredible innovations since Satoshi published Bitcoin's whitepaper in 2008.

April 19, 2024 saw the arrival of the fourth Bitcoin halving event — a significant development affecting the asset's circulation. But what is the Bitcoin halving exactly? According to the Bitcoin white paper , it's a built-in feature of Bitcoin's programming that occurs approximately every four years. This unique event cuts the number of Bitcoins awarded to miners for processing transactions in half. Why does this matter? Well, it's all about supply and control.

Has 2023 become the year of token standards in the crypto space? One of the most notable developments is the emergence of the SRC-20 standard on the Bitcoin blockchain. Some say it's inspired by Ethereum's famous . Many believe that SRC-20 brings a new dimension to digital art and tokens on , offering a blend of innovation and tradition. That's just like another familiar token standard, BRC-20.

Before getting to what is bitcoin halving lets see how the bitcoin network operates. The base of bitcoin’s technology is blockchain, it is a cluster of computers, or nodes that run bitcoin’s software

Introduction Have you ever considered how your bitcoin could work for you beyond just holding it? In 2025, bitcoin staking will make that possible. Instead of letting your BTC sit idle, staking allows you to earn rewards while contributing to blockchain security.

 Satoshi Nakam

Bitcoin (BTC) was the first cryptocurrency to ever be created, and is now the largest by market cap. You can find it on almost any digital currency exchange. While Bitcoin was intended to act as a cur

Cloud mining is a method for individuals to earn cryptocurrency without the complexities of traditional mining. By outsourcing computational work to remote data centers, users can participate in mining without owning expensive hardware.