Is it safe to use Bitcoin-Lib.js in production? When it comes to using third-party libraries in a production environment, security and compatibility become top priorities. In this article, we will explore the implications of using bitcoincore.tech’s bitcoin-lib.js for production purposes. What is Bitcoin-Lib.js? Bitcoin-lib.js is a JavaScript library that provides an interface to interact with…
Ethereum: How Does Bitcoin Prevent Fraud with Confirmation Periods? When it comes to cryptocurrencies like Bitcoin and Ethereum, security is paramount. Two of the most important issues when using these digital assets are fraud prevention and confirmation periods. In this article, we’ll look at how the two mechanisms work together to prevent fraudulent activity. Confirmation…
Is an SSD Necessary to Run a Bitcoin Full Node and Lightning Node? When it comes to running a Bitcoin full node, Lightning node, or any other decentralized application (dApp), the choice of hardware storage device can significantly impact performance. A common recommendation is to use solid-state drives (SSDs) as the primary storage device for…
Ethereum Transaction Rate Cap: Understanding the Problem As mentioned earlier, Bitcoin has a relatively high transaction rate of 3.3-7 transactions per second (TPS). However, another major problem with Ethereum is its transaction rate bottleneck. While Ethereum’s current TPS is impressive, it still lags behind other blockchain networks in terms of scalability. Why does Ethereum have…
The UTXO-Coinbase Graph: Unpacking the Complexity of Bitcoin’s Blockchain Bitcoin is a decentralized digital currency that relies on a complex network of interconnected components to facilitate transactions. At its core, the blockchain consists of several layers, including blocks, txns (transactions), and nodes. The UTxO (Unspent Transaction Output) – Coinbase graph is a key component in…
“Catching a Wave of Cryptocurrency Explosiveness: How Crypto Continuation Patterns and Decentralized Exchanges Can Amplify Your Returns” In recent months, the cryptocurrency market has experienced an unprecedented surge in activity, with many traders and investors making fortunes by riding the wave of exponential growth. However, while some individuals have been able to capitalize on this…
P2P Cryptocurrency Withdrawals: How to Minimize Risk As the world of crypto continues to grow, decentralized exchanges (DEXs) and peer-to-peer (P2P) platforms have emerged as popular alternatives for buying, selling, and trading cryptocurrencies. While P2P platforms offer numerous benefits, such as increased transparency and lower fees compared to traditional centralized exchanges (CEXs), they also come…
I can help you understand Ethereum’s txid and vout values in the context of multisig transactions. Understanding txid: txid (short for transaction ID) is a unique identifier assigned to each transaction on the Ethereum blockchain. It represents a single block on the chain, containing multiple input transactions. When you create an input transaction using the…
Unlocking Your Eth Balance: How to Identify a Derivative Path with a Positive ETH Balance Are you one of the many users who have been wondering how to determine which Ethereum (ETH) derivation path has a positive balance for your Metamask wallet? With the wide range of wallet options available, it can be overwhelming to…
Understanding the Consequences of Non-Compliance in Crypto The world of cryptocurrency has experienced rapid growth and adoption in recent years, but with this success comes a set of complex regulatory requirements that must be adhered to in order to avoid severe consequences. One critical aspect of compliance is understanding the potential consequences of non-compliance in…