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Bitcoin Magazine The Spiral Scroll: Wallet Clustering Basics The Bitcoin transaction graph has various observable patterns, with wallet clustering of highest importance. Some of these patterns have been studied and…
Bitcoin Magazine A Seed Phrase Isn’t Self Custody, It’s A Liability. For as long as bitcoin has existed, self-custody–the ability to transact with and hold your own wealth without the…
Bitcoin Magazine What Happens to Bitcoin When Quantum Computers Arrive? Recent announcements in quantum computing have brought renewed attention to the question of how these advances could impact Bitcoin. In…
Bitcoin Magazine Bitcoin Layer 2: Statechains Statechains are an original second layer protocol originally developed by Ruben Somsen in 2018, depending on the eltoo (or LN Symmetry) proposal. In 2021…
Bitcoin Magazine Economic Bitcoin Nodes: Why You Need To Use Your Node For It To Matter What is an economic node? To understand that, you need to first conceptually understand…
Bitcoin Magazine Bitcoin Layer 2: Ark Ark is a novel off-chain transaction batching mechanism originally proposed by Burak, a young Turkish developer. There are currently two implementations being built, one…
Bitcoin Magazine Bitcoin Layer 2: The Key To Scaling Bitcoin Bitcoin, and for that matter all blockchains, do not scale. It is a fundamental limitation of blockchain based systems that…
Bitcoin Magazine The Bitcoin Mempool: Relay Network Dynamics In the last Mempool article, I went over the different kinds of relay policy filters, why they exist, and the incentives that…
Bitcoin Magazine OP_RETURN Limits: Bitcoin’s Battle Over Arbitrary Data An OP_RETURN debate flared up in the Bitcoin industry in recent weeks and has by now invaded most conversation spaces within…
Bitcoin Magazine The Bitcoin Mempool: Why We Have Filters In my prior article on the mempool, I laid out a simple conceptual framework to reason about the basic functionality of…