Over the past few years, the cryptocurrency world has exploded in popularity, with investors flocking to buy into the latest and greatest projects and tokens. However, where there is hype and opportunity, scams and fraudsters often look to take advantage of unsuspecting investors. One area where we have seen a surge in fraudulent activity is […]
Are you looking for a hedge against inflation and currency devaluation? Are you interested in increasing your financial autonomy and accessing new asset classes? If so, Bitcoin may be the perfect investment opportunity for you. In 2023, Bitcoin is expected to become an even more prominent asset class with greater adoption by both investors and […]
As the crypto mining industry gears up for earnings season, miners are looking for ways to remain profitable despite the current market conditions. Fortunately, a wealth of knowledge is available from experienced professionals who can provide valuable insights into cost-effective solutions such as power optimization and supply chain efficiency. Additionally, hosting providers and fixed-rate contracts […]
The cryptocurrency revolution is transforming the global economy, and Quebec is at the forefront of this trend. With its abundant hydroelectric resources, many companies have set up Bitcoin mining operations in the province to take advantage of cheaper energy rates. However, Hydro-Québec’s decision to limit access to these operations has significantly impacted local businesses and […]
Bitcoin has come a long way since its inception, and now, with the introduction of ordinals, the possibilities for innovation and value storage are endless. But what exactly are ordinals, and how do they differ from traditional bitcoins or satoshis? In this blog post, we will delve into the world of ordinals and non-fungible tokens […]
Hydro-Québec is a Canadian energy company that provides its citizens with electricity from renewable hydroelectric sources. This works to the benefit of the region during the cold winter months when electricity demand is high due to the increased need for heating and other energy requirements – this peak load causes an increase in prices. However, […]
The unimprovability of Bitcoin is a concept that has become increasingly relevant in the digital age. It refers to Bitcoin’s unique ability to resist changes or improvements, making it an ideal means of exchange and store of value. This is due to its decentralized nature, which makes it nearly impossible for anyone or any group […]
Sophie Brochu’s departure from Hydro-Quebec marks the end of a three-year term starting April 2, 2020, at an annual base salary of $580,000. Ms. Brochu was widely appreciated by both Premier Legault and Minister Fitzgibbon for her work in major projects such as the $30-billion hydro-export agreement with New York and the development of Quebec’s […]
SPV, or Simplified Payment Verification, is a type of security used by Bitcoin users. Under this system, Bitcoin users can verify that a transaction is valid without having to download the entire blockchain. This is possible because each block in the blockchain contains a hash of the previous block. As a result, each block can […]
Bitcoin coin control is a feature that allows users to manage their UTXOs. By using this feature, users can select which bitcoins they want to spend and which ones they want to keep in their wallet. This can be useful for people who want to keep track of their UTXOs, and not link two transactions […]
Ethereum Merge Means Stronger Bitcoin Future The Ethereum network finally transitioned from proof-of-work (PoW) to proof-of-stake (PoS), and this has caused a bit of turbulence in the cryptocurrency world. Ethereum’s market price has declined sharply, and there is now a $10 billion gap in mining hardware between Ethereum and Bitcoin. Bitcoin’s future looks stronger than […]
Bitcoin’s block subsidy is a mechanism that miners are rewarded for their efforts in maintaining the Bitcoin network. By including transaction fees in each block they mine, miners are able to earn a reward for their work. This incentive is important because it helps to ensure that miners will continue to support the network even […]
Lightning Pool is a fairly elegant solution. It isn’t designed just for business, as it caters to everyone. Having the option to streamline LN payment channels to service customers efficiently is a big step forward. Moreover, this solution removes any liquidity concerns from the equation. Liquidity on the Lightning Network has been an important topic […]
If you’ve been in the crypto world for more than a minute, chances are you’ve heard of shitcoiner stockholm syndrome. But what is it? And why do people fall head over heels for shitcoins? The Shitcoiner Stockholm Syndrome is a term used to describe the psychological phenomenon whereby an investor continues to hold a losing […]
A PSBT is a Partially Signed Bitcoin Transaction. The main difference between a PSBT and a regular Bitcoin transaction is that with a PSBT, the signing of the transaction is done offline. This allows for greater security, as the private keys never need to come into contact with an online device. In addition, it allows […]
In the cryptocurrency world, there are many different types of addresses. Bech32 is a newer address format that is slowly gaining popularity. In this blog post, we will discuss what Bech32 addresses are, how they differ from other address formats, and their benefits. We will also touch on how to support Bech32 SegWit addresses and […]
Bitcoin is a revolutionary digital currency that operates without needing a central bank or single administrator. It is sent from user to user on the peer-to-peer bitcoin network, and nodes verify its transactions through cryptography. The blockchain, a publicly distributed ledger, stores any transaction that has taken place in the Bitcoin network. This system makes […]
There are some benefits to having a shitcoin listed on an exchange. First, it can help to increase the visibility of the coin and attract new users. Second, it can help to increase liquidity, as traders will be able to buy and sell the coin more easily. Finally, it can also help to provide a […]
A Bitcoin zero-confirmation transaction is a transaction that has been broadcast to the network but has not yet been confirmed by a miner. When you send a Bitcoin transaction, there’s always a chance that it may not be confirmed by the network. This can be due to some reasons, such as low network capacity or […]
Bitcoin channel factories are a type of Bitcoin-based payment system that uses the lightning network to route payments. Channel factories are similar to traditional Bitcoin exchanges, but they are designed to be more efficient and scalable. Bitcoin channel factories use a novel routing algorithm that helps to reduce the amount of traffic on the network […]
One of the most fascinating aspects of Bitcoin is its anonymity. Satoshi Nakamoto, the creator of Bitcoin, is believed to be a pseudonym and very little is known about the individual or individuals behind this name. This has led to speculation about what would happen if Satoshi Nakamoto decided to sell all of his or […]
Turbo channels or zero-conf channels are Lightning channels that are accepted without confirmations on the bitcoin blockchain. This requires trust in the party opening the channel to not double-spend the channel opening transaction. What are Turbo Channels and their trade-offs Turbo channels are an excellent option for a specific use case, but they should be […]
Empty block mining is a technique miners use to increase their chances of finding valid blocks. By sending out empty blocks, they can reduce the time needed to search for a valid nonce and thus increase their profits. The problem with this practice is that it delays the confirmation of transactions, resulting in lost revenue […]
ASIC resistance is a concept that has gained traction in the cryptocurrency community. It refers to making mining on specific cryptocurrencies more difficult for ASICs by introducing algorithms that are resistant to being solved by these specialized computers. This approach aims to make it so miners must use CPUs or GPUs, which are much less […]
The global economy is in a state of flux and traditional forms of money are facing unprecedented challenges. In this climate, the emergence of Bitcoin has been nothing short of revolutionary. Bitcoin offers an alternative form of digital currency that operates on a decentralized network and is not owned or controlled by any government or […]
Bitcoin is a digital currency that has the potential to revolutionize how people exchange value. It is based on a decentralized network of computers, which means it operates without the control of any government or central authority. What makes Bitcoin unique from other forms of money is its fixed supply – only 21 million bitcoins […]
Bitcoin’s consensus mechanism is an innovative solution that has enabled a secure and transparent way for users to transfer value across the internet without relying on any central authority or intermediary. The process relies on miners who use their computing power to solve complex mathematical problems to validate blocks of bitcoin transactions and ensure that […]
Do you ever wonder what makes digital currencies like Bitcoin so successful? It all comes down to the utility of monetary networks. Monetary networks provide a way for people to store and transact value without needing third-party intermediaries, making them incredibly valuable. In this blog post, we’ll explore how liquidity, security, trust and finite digital […]
Central banks have been using monetary policy to influence economic activity for decades, but its effectiveness has come under question in recent years. The emergence of Bitcoin and other decentralized digital currencies is shining a light on the potential issues with central bank intervention, as well as providing an alternative solution that could reduce reliance […]
The potential of Bitcoin to revolutionize global payments is something that has been talked about for years. But the realization of this potential hinges on one key factor: scaling solutions that can make it possible for large numbers of transactions to be processed efficiently and reliably. Despite the technical, economic and political challenges associated with […]
