Bitcoin Magazine MEVpool, The Best Bandaid We Have For MEV Miner Extractable Value. That phrase is essentially one of the biggest fundamental risk spaces that exist for blockchain based systems. The original conception of a blockchain included incentives for miners (or other consensus participants deciding transaction ordering) to earn revenue based on whatever initial block […]
VIRTUAL FUTURE MONEY
Bitcoin Magazine Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” at which certain members of the subcommittee and crypto industry witnesses predominantly discussed stablecoin regulation. Senator Cynthia Lummis (R-WY), a long-time […]
VIRTUAL FUTURE MONEY
Bitcoin Magazine The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium Press Release The University of Austin (UATX) […]
VIRTUAL FUTURE MONEY
Bitcoin Magazine Voltage Aims To Bring Bitcoin’s Lightning Network To Every Business In The World Founder: Graham Krizek Date Founded: October 2020 Location of Headquarters: Wichita, Kansas Number of Employees: 17 Website: https://www.voltage.cloud/ Public or Private? Private In 2012, soon after Graham Krizek discovered Bitcoin and subsequently began contributing to Bitcoin Core and building his […]
VIRTUAL FUTURE MONEY
Bitcoin Magazine USDT on Lightning: the Good, the Bad, and the Unknown Everyone has heard the Chinese proverb British misquote: “May you live in interesting times,” and how it’s supposed to be a curse. It sounds deep, like a quote for edgelords over 80. But have you ever considered the alternative? According to the Anglo-Saxon […]
VIRTUAL FUTURE MONEY
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, BRC-20 tokens leverage the Bitcoin Ordinals protocol to inscribe data onto individual satoshis, making them transferable and tradable. Origins of BRC-20 Tokens The BRC-20 token […]
VIRTUAL FUTURE MONEY
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 signatures used to prove ownership. Implemented as part of the 2017 segregated witness (SegWit) upgrade, this discount effectively lowered the fees for SegWit transactions by […]
VIRTUAL FUTURE MONEY
Bitcoin Magazine Amboss CEO Talks Growth Of The Bitcoin Lightning Network, Tether (USDT) On Lightning Founder: Jesse Shrader and Anthony Potdevin Date Founded: March 2021 Location of Headquarters: Nashville, TN Number of Employees: 10 Website: https://amboss.tech/ Public or Private? Private Jesse Shrader thinks that this will be an important year for the Lightning Network. With Bitcoin’s price on the rise and […]
VIRTUAL FUTURE MONEY
Bitcoin Magazine The Next Decade, Part 3: The Road Blocks(And Roads Around?) Bitcoin Banks (or Binks). It’s happening. Guaranteed. Done deal. In the bag. It’s just a question of when? Germany cleared banks to custody and handle Bitcoin and Bitcoin accounts for customer starting 2020. Who will be the first? This is one thing that people […]
VIRTUAL FUTURE MONEY
Bitcoin Magazine I Still Don’t Like Tether (USDT) On Bitcoin And Lightning The news of USDT (Tether) coming to Bitcoin and Lightning via Taproot Assets has been met with various reactions. Some believe it’s good for Bitcoin (most, actually, based on a small survey I conducted on X; yes, I know the sample size isn’t large enough […]