When people first learn how Bitcoin works, they usually hear about wallets, private keys, blocks, miners, and transactions. But there is another important piece of Bitcoin’s architecture that often gets overlooked: Bitcoin Script. Bitcoin Script is the programming language used to define the conditions under which Bitcoin can be spent. It is what allows a … Read more
Bitcoin was originally designed primarily as a decentralized digital currency. But over the years, developers have found new ways to use Bitcoin’s blockchain for more than simply transferring BTC. One of the more recent developments is Bitcoin Runes. The Runes Protocol is a system for creating and managing fungible tokens on the Bitcoin blockchain. That … Read more
Introduction What are Bitcoin Ordinals? Bitcoin Ordinals are a system for identifying and tracking individual satoshis, the smallest units of Bitcoin. The Ordinals protocol assigns a unique number to each satoshi and provides a way to associate additional data with individual satoshis through what are called inscriptions. This created a new way to use Bitcoin’s … Read more
Introduction What is Bitcoin Taproot? Taproot is a major Bitcoin protocol upgrade that improved the network’s privacy, efficiency, and scripting capabilities. It was activated on the Bitcoin mainnet in 2021 and introduced a new spending system built around Schnorr signatures, Taproot spending rules, and Tapscript. For beginners, however, Taproot can sound much more complicated than … Read more
You just sent Bitcoin to someone. Your wallet tells you: “Transaction Sent Successfully.” A few minutes later, the person you’re paying messages you: “I haven’t received it yet.” You check your wallet. It still says “Pending.” Now you’re wondering: “Where is my Bitcoin?” “Can I see what’s happening?” “How do I know if my transaction … Read more
You’ve just sent Bitcoin for the very first time. Your wallet displays: “Transaction Sent Successfully.” Great. You expect the payment to arrive within a few seconds—just like sending a text message or making an online bank transfer. But when you check the recipient’s wallet… Nothing. One minute passes. Five minutes. Ten minutes. Your transaction still … Read more
You’ve probably experienced this before. You’re about to send Bitcoin to a friend. You enter their Bitcoin address. Type the amount. Review the payment. Then, just before you press “Send,” you notice something unexpected. Your wallet says you’ll also need to pay a transaction fee. Immediately, a few questions come to mind. “Why am I … Read more
You send Bitcoin to a friend. Your wallet says: “Transaction Sent.” A few seconds later, your friend checks their wallet. Nothing. Five minutes pass. Still nothing. Ten minutes later, the transaction is still marked as “Pending.” You start wondering: “Did I do something wrong?” “Did I lose my Bitcoin?” “Is the network broken?” If you’ve … Read more
Imagine you’re sitting in a small coffee shop. Instead of pulling out your credit card or cash, you decide to pay with Bitcoin. You open your Bitcoin wallet. The cashier shows you a QR code. You scan it. Enter the amount. Double-check the details. Then you press one simple button: “Send.” The payment appears to … Read more
Imagine you want a friend living on the other side of the world to send you a birthday gift. Before they can ship the package, they ask a simple question: “What’s your address?” Without your address, the package has nowhere to go. Bitcoin works in a surprisingly similar way. If someone wants to send you … Read more