Bitcoin News / Bitcoin Magazine - 2 months ago
Bitcoin script, it seems, has been sorely underestimated. Following the release of the Ordinals protocol and BitVM white paper in 2023, conceptions are shifting about what is possible on the Bitcoin base layer, and it’s clear Bitcoin is now absorbing...
Bitcoin News / Bitcoin Magazine - 2 months ago
EDITOR'S NOTE: This article has been edited, specifically the second criteria for eligibility to be covered as an L2, to clarify the criteria's originally intended meaning due to repeated misinterpretation. Bitcoin script, it seems, has been sorely u...
Bitcoin News / Bitcoin Magazine - 2 months ago
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....
Bitcoin News / Bitcoin Magazine - 2 months ago
When it comes to storing your bitcoin, multisignature—or multisig for short—is widely recognized as one of the most secure methods. It can eliminate risks associated with exchanges and custodians, and simultaneously addresses the most common issues w...
Bitcoin News / Bitcoin Magazine - 2 months ago
Last May, I wrote an article for Bitcoin Magazine predicting that Layer 2 (L2) metaprotocol solutions would resolve the Ordinals controversy. Now that two of the most highly-anticipated Layer 2 solutions, Taproot Assets (TA) and RGB, are either avail...
Bitcoin News / Bitcoin Magazine - 2 months ago
Matt Corallo proposed a little more than a week ago a BIP for the coordination of making Bitcoin payments. Making bitcoin payments has always presented something of a challenge in terms of coordination, both on-chain and off-chain with protocols like...
Bitcoin News / Bitcoin Magazine - 2 months ago
With 2024 already underway, the anticipation in crypto circles is hitting a fever pitch as everyone braces for Bitcoin's halving – an event that could reshape its market landscape. It deserves to be looked into as historically this event sparked tran...
Bitcoin News / Bitcoin Magazine - 2 months ago
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....
Bitcoin News / Bitcoin Magazine - 2 months ago
Somebody, somewhere, at some point decided they would destroy the competition by creating a barrier to entry. They made the barrier high so they could feel safe. It is logical to put a fence around your property, and perfectly fine to do so. The prob...
Bitcoin News / Bitcoin Magazine - 2 months ago
GiveCrypto, an initiative founded by Coinbase CEO Brian Armstrong "to make direct donations to people in need", has made a significant donation of $3.6 million to Brink, a non-profit organization dedicated to funding Bitcoin developers.Brink is excit...
Bitcoin News / Bitcoin Magazine - 2 months ago
I attended the Bitcoin Freedom Festival in Uvita, Costa Rica from January 18th through 20th. It was a unique event that was unlike any bitcoin gathering I’ve ever attended. There were over 30 speakers during the festival so I won’t try to cover each...
Bitcoin News / Bitcoin Magazine - 2 months ago
MicroStrategy's investment in bitcoin has reached a significant milestone, with the company's holdings now valued at over $10 billion as BTC rises above $52,000. This achievement underscores MicroStrategy's steadfast commitment to bitcoin as a long-t...
Bitcoin News / Bitcoin Magazine - 2 months ago
Over two hundred bitcoiners descended on Uvita from January 18th – 20th which is a popular seaside spot in Costa Rica. The Bitcoin Freedom Festival was billed as a spiritual gathering for those who celebrate freedom money, nature and sovereignty. Wha...
Bitcoin News / Bitcoin Magazine - 2 months ago
In an unexpected turn of events, Elizabeth Warren, the long-time adversary of Bitcoin on Capitol Hill, has seen the orange-tinted light and quite literally raised a flag to praise the work of Bitcoin’s anonymous creator, Satoshi Nakamoto, celebrating...
Bitcoin News / Bitcoin Magazine - 2 months ago
If you want to remove custodial risk from your bitcoin holdings, you must take self-custody. Bitcoin custody is determined by whoever has the keys to control the bitcoin—if you aren’t holding the keys to your bitcoin, then someone else is. As the say...
Bitcoin News / Bitcoin Magazine - 2 months ago
Discreet Log Contracts are an old concept in this space at this point, proposed by Thaddeus Dryja (co-creator of the Lightning Network protocol) in 2017. DLCs are a smart contract structure designed to address three issues with contract schemes prior...
Bitcoin News / Bitcoin Magazine - 2 months ago
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....
Bitcoin News / Bitcoin Magazine - 2 months ago
FutureBit, a leading provider of consumer-focused Bitcoin products, has unveiled its Higher Ed Pilot Programs in collaboration with universities across the United States, according to a press release sent to Bitcoin Magazine. This initiative marks on...
Bitcoin News / Bitcoin Magazine - 2 months ago
In a significant move to broaden its international reach, Bitcoin Magazine, in collaboration with White Rock Management, announced the opening of its new office in Lugano, Switzerland, on February 14, 2024. This strategic expansion into the heart of...
Bitcoin News / Bitcoin Magazine - 2 months ago
In the ever-evolving landscape of Bitcoin, changes can be hard to keep up with. As we enter into a new year, it’s important to be mindful that significant industry shifts and expansions will likely occur.The increase in regulatory measures we’ve seen...
Bitcoin News / Bitcoin Magazine - 2 months ago
The Biden Administration has intensified oversight on the U.S. bitcoin mining sector through an Energy Information Agency (EIA) emergency survey, portraying electricity usage by miners as a significant threat to national grid stability. This move, wh...
Bitcoin News / Bitcoin Magazine - 2 months ago
Founders Fund, the venture capital firm founded by billionaire Peter Thiel, has invested $100 million in bitcoin, sources exclusively informed Reuters. The firm allocated $200 million to acquire Bitcoin and another cryptocurrency, evenly split betwee...
Bitcoin News / Bitcoin Magazine - 2 months ago
NASHVILLE, TN – February 12th, 2024 – Bitcoin Magazine is excited to announce a new partnership with Unchained, the leader in Bitcoin financial services, making them our Official Collaborative Custody and IRA partner in the United StatesTraditionally...
Bitcoin News / Bitcoin Magazine - 2 months ago
Bitcoin has surged past the $50,000 mark today, according to CoinMarketCap data, reaching this milestone for the first time since December 2021. CoinMarketCap...
Bitcoin News / Bitcoin Magazine - 2 months ago
IntroductionWe live in a highly digitalized world, but most of humanity still uses physical goods to store value. The most used store of value in the world is real estate. It is estimated that approximately 67% of global wealth is held in property. R...