Proof-of-Work and Proof-of-Stake consensus mechanisms each have pros and cons. Whether it’s security, energy or centralization, no blockchain is perfect.
Bitcoin operates as electronic cash thanks to its UTXO model. Users can spread UTXOs over multiple addresses to maintain privacy.
Bitcoin’s finite supply and high divisibility makes for a very sound asset which enables a society to benefit from a low time preference.
Bitcoin is used across the globe as digital currency. With numerous convenient payment solutions available, it has never been easier to spend your bitcoin.
BTC is versatile and serves many purposes. Some trade bitcoin, while others hold it long-term. Migrants use Bitcoin’s network to bypass remittance fees.
KYC rules make Bitcoin transactions traceable back to their users. Anonymous bitcoin wallets implement coin mixing to protect privacy.
A block reorganization in 2021 led to a double-spend rumor & panic sell. Learn about mempools & confirmation times to avoid Bitcoin FUD.
Selling your bitcoin can sometimes lead to extra fees or unexpected tax bills. Aspects like these are things to consider before cashing out your BTC.
The Lightning Network offers a fast and cheap way to scale Bitcoin payments. This introduction to Lightning breaks down the basics for new users.
Innovative e-commerce projects can leverage Bitcoin divisibility and the Lightning Network to bring flexibility and security to their micropayments.
Society values convenience over choice. Bitcoin challenges this and returns financial sovereignty to the individual. But with freedom comes responsibility.
1 bitcoin can divide into millions of smaller denominations called satoshis. Should you keep your "sats" on an exchange or self-custody?
QuestionsBC Editor2023-03-20T13:15:22-05:00
