Bitcoin Covenants: OP_CAT (BIP 347)
Bitcoin Magazine Bitcoin Covenants: OP_CAT (BIP 347) This is the fifth article in a series deep diving into individual covenant proposals that have reached a point of maturity meriting an…
Bitcoin Covenants: TXHASH And CHECKTXHASHVERIFY(BIP 346)
Bitcoin Magazine Bitcoin Covenants: TXHASH And CHECKTXHASHVERIFY(BIP 346) This is the third article in a series deep diving into individual covenant proposals that have reached a point of maturity meriting…
The Witness Discount
Bitcoin Magazine The Witness Discount The witness discount refers to the reduction in data “weight” given to the witness portion of a Bitcoin transaction — the part that contains the…
What are BRC-20 Tokens?
Bitcoin Magazine What are BRC-20 Tokens? Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired by Ethereum’s ERC-20 tokens,…
What Is Commodity Money?
Commodity money is a form of money that derives an intrinsic value from its underlying commodity and the supply and demand dynamics. Gold and silver have been accepted as commodity…
What Is Monetary Debasement? Examples, Effects and Solutions
Monetary Debasement Debasement refers to the action or process of reducing the quality or value of something. In relation to money, it traditionally refers to the practice of reducing the…