All about the Bitcoin protocol.
8 May 2025 3 minute read 0 comments 0xVince
Bitcoin has certain characteristics that traditional currency or fiat money does not have. These novel characteristics of money can be advantageous for users who want an alternative form of currency. Some common characteristics of traditional currenc...
24 Apr 2025 5 minute read 6 comments 0xVince
The fixed supply of “21 million coins” is an approximation of Bitcoin’s total supply that will ever be issued into circulation. It is a fundamental design feature that distinguishes it from traditional fiat currencies. The coins or bitcoins are finit...
12 Apr 2025 9 minute read 6 comments 0xVince
The "Bitcoin Ponzi Scheme" narrative is a common criticism that paints Bitcoin as a fraudulent investment scam that relies on attracting new participants to sustain its value, rather than having intrinsic worth. It has been made as an example of the...
4 Jul 2024 3 minute read 0 comments 0xVince
New innovations have appeared in the Bitcoin space. This has to do with new features on the Bitcoin protocol software. Two of the recent ones are Runes and Ordinals. Runes and Ordinals are protocols that allow for embedding additional data onto the B...
18 Feb 2024 4 minute read 2 comments 0xVince
It was a Thursday, on January 21, 2021, when news outlets began circulating reports of a Bitcoin double spend flaw which led to an 11% drop in the price of the digital asset. This would have been a major exposure of a flaw in the blockchain ... excep...
11 Feb 2024 5 minute read 2 comments 0xVince
Bitcoin was first created on January 3, 2009 by its mysterious creator Satoshi Nakomoto. The legacy of the first successful implementation of blockchain technology and its solid foundation that uses public key cryptography. Since then there has been...
7 Dec 2023 5 minute read 1 comment 0xVince
There is awareness among Bitcoin (BTC) proponents and the general community alike, that green energy is the way to go for Bitcoin mining. For Bitcoin miners, greener technologies are already available that reduce costs and devices that help increase...
27 May 2023 4 minute read 2 comments 0xVince
Most users are already familiar with a digital wallet. The wallet is what holds your keys to your cryptocurrency assets, like Bitcoin. Then you realize that these are important components of owning your Bitcoin. They grant you control of your own mon...
25 May 2022 6 minute read 1 comment 0xVince
One of the most significant events in Bitcoin history, like the creation of the genesis block, is BItcoin Pizza Day. This story has been told many times, but some details may have been left out. We will dive a little deeper into the facts to understa...
26 Apr 2022 4 minute read 0 comments 0xVince
The Segwit (Segregated Witness) protocol was proposed in BIP141 as a UASF(User Activated Soft Fork) for Bitcoin (BTC). The purpose of Segwit was to enable a way to address what is called the transaction malleability problem and to implement an update...
