Simple breakdowns of Bitcoin’s technical ideas for everyone.
Will we be able to build a free digital society for those who come after us? Or is this, too, just another one of our utopias? Our self-custodial digital wallet and the development of a more responsible digital culture could be key to this. What’s interesting is that in the physical world, we understand this … Read more
These days there has been talk about the new all-time high of Bitcoin’s hashrate. I would like to explain some concepts that help us understand what this really is and what effects it produces. I hope it helps you. What is hashrate? Hashrate is, in simple words, a measure of speed. It indicates how many … Read more
Lately, I’ve been hearing about some upcoming changes in Bitcoin Core, the main software that keeps the Bitcoin network running. And that reminded me of a topic I’ve always found fascinating, but had somehow left aside for a while: BIPs, or Bitcoin Improvement Proposals. In simple terms, BIPs are the mechanism developers use to propose … Read more
The Bitcoin network solves a huge problem: sending cash over the internet without the need for third parties. And how does it do that? 1. Digital Signatures 2. The P2P Network and Its Consensus Digital Signatures: This is where digital signatures (public key and private key) come in. A signature guarantees that only the person … Read more
The next time you see the word “UTXO” or someone asks you what it is, think about this 👇 Just like in your physical wallet you have bills and coins, when you decide to buy something you choose how to pay. For example: if you have a €10 bill, five €2 coins, and a €100 … Read more
