multisig

Bitcoin Collaborative Custody

Collaborative custody in Bitcoin refers to the distribution of custody over your bitcoin between multiple parties through sharing custody of your wallet's private keys. The concept of Bitcoin custody is inherently tied to the private keys—whoever manages the private keys of a wallet controls the bitcoin. Typically,

Bitcoin Basics

Is Bitcoin Same as Blockchain?

You may have heard that blockchain is the real innovation emerging from the popularity surge of cryptocurrencies, but it is important to understand that blockchain technology itself is not new. Rather, Bitcoin simply showcased the first large-scale application of this technology. So while these technologies are often discussed together, Bitcoin

Bitcoin Basics

Is A Seed Phrase The Same As A Private Key?

In Bitcoin, two of the most important terms to understand for secure management and control over your wallet are “seed phrases” and “private keys.” These terms are often used interchangeably, leading to confusion about their meanings, connections, and differences. A private key is a cryptographic key that allows you to

Bitcoin Basics

The Truth About Bitcoin (7 Myths)

Despite a 15-year history, Bitcoin remains widely misunderstood globally, giving rise to numerous factual inaccuracies regarding its functionality and broader impacts in the world. This article aims to shed light on the most widely-held misconceptions in Bitcoin, with a goal to provide a clearer understanding of its nature and functionality.

Bitcoin Volatility

The volatility of Bitcoin attracts some investors while deterring others. Let's explore why this new asset experiences such dramatic price fluctuations, a phenomenon that long-term 'HODLers' have become accustomed to. 🔒 Enhance your self-custody Theya, a collaborative multisig vault. What is Volatility? In financial terms, volatility refers

Bitcoin in El Salvador

El jewel of Central America, El Salvador, captivates all who visit this country with its breathtaking landscapes, chains of volcanoes, the rich aroma of its delectable coffee, and the allure of pristine beaches.  However, beneath the surface of its natural beauty lies a tapestry of economic challenges El Salvador has

Bitcoin Basics

Bitcoin Improvement Proposals (BIPs)

Since its launch in 2009, Bitcoin has undergone a continual process of evolution, propelled forward by a dedicated community that has diligently refined Satoshi’s groundbreaking discovery over the past 15 years. At the core of this evolution is the Bitcoin Improvement Proposals (BIPs) system, which plays a key role

Can Bitcoin be Hacked

As a relatively new technology, concerns about the security of funds on the Bitcoin blockchain may linger in the minds of its users. The digital nature of Bitcoin prompts questions about its underlying technologies such as its cryptography or the blockchain itself. However, since its inception, Bitcoin has remained impervious

Bitcoin Basics

The Bitcoin Halving (April 2024)

The Bitcoin ecosystem involves a diverse set of participants collectively working to build and maintain the world's most robust and decentralized network. Bitcoin, which functions as a neutral form of money beyond the control of any single entity, is in the early stages of establishing itself as a

Bitcoin Basics

What is a Bitcoin Seed Phrase?

In the world of Bitcoin, the gateway to self-custody and financial empowerment starts with a handful of words, known as the Bitcoin seed phrase. This seemingly unassuming sequence of words holds the key to unlocking a world where individuals can take full control of their financial wealth. It embodies financial

Bitcoin Basics

What are Bitcoin Forks?

In the context of decentralized networks, a ‘fork’ signifies a modification to the source code of the network. Bitcoin, an open source and decentralized network, is made up of hundreds of thousands of nodes (computers) running the Bitcoin software source code. Each of these nodes maintains a separate copy of

Bitcoin Basics

Pay-to-Witness-Script-Hash (P2WSH)

When it comes to Bitcoin transactions, script types are a crucial piece of architecture that define the rules under which funds can be spent in the Bitcoin network. More broadly, a script type refers to a specific type of script that follows a predefined template or structure within the Bitcoin

Bitcoin Basics

Bitcoin Nodes

In an evolving financial landscape, Bitcoin has emerged as a pioneer of a new financial paradigm that is reshaping our understanding of money and the economy as a whole. Central to this revolutionary technology lies the concept of a “Bitcoin node.” To understand the significance of nodes, one must explore

Is Buying a Bitcoin ETF the Same as Buying Bitcoin?

The decision between purchasing Bitcoin directly or opting for a Bitcoin ETF depends on your knowledge and expertise of Bitcoin, the tradeoffs of each option, and your investment objectives. If you’re new to Bitcoin, unsure how to properly self-custody, and are mostly interested in Bitcoin as an investment, the

Inflation: The Hidden Tax

In the current political climate, proposing tax hikes in a campaign has become increasingly difficult due to strong resistance from the public. Consequently, governments face a conundrum: they must finance their spending, but traditional methods like raising taxes are no longer as feasible. Instead, they have resorted to more opaque

What is Nostr?

Imagine a social media platform where you control your data, censorship is impossible, and algorithms don't dictate what you see. This is the promise of Nostr, a new decentralized social media protocol that offers a glimpse into what social media could be like. Unlike popular social media platforms

Bitcoin Basics

Best Bitcoin Hardware Wallets (2024)

"Not your keys, not your coins" is a rallying cry for self-custody in Bitcoin. While there are convenient mobile 'hot wallets,' cold storage via a hardware wallet offers much greater security and peace of mind. What Is A Hardware Wallet? A hardware wallet, or 'signing

Bitcoin Basics

Is Bitcoin a Hedge Against Inflation?

When it comes to the topic of inflation, most of us will readily agree that it has become a problem in the global economy. Where this agreement usually ends, however, is on the question of what causes inflation and the best method to safeguard one’s wealth from its effects.

Bitcoin Basics

What Happens When the Last Bitcoin is Mined?

When it comes to Bitcoin, one of the first things people learn about this digital currency is that it has a maximum supply of 21 million coins. This distribution and creation of new bitcoins happens through a process known as Bitcoin mining, where miners use computers and electricity to validate

Bitcoin Basics

Choosing the Right Bitcoin Self-Custody Solution

In the world of Bitcoin, there are a variety of ways to custody your Bitcoin, and there is no one-size-fits-all solution. The best setup for you will depend on various factors, including how much Bitcoin you plan to custody, how frequently you need access to it, and your level of

Bitcoin Basics

What is Money?

Money is a constantly evolving technology that arises organically from the free market, establishing itself as the most saleable good and resolving the issue of the double coincidence of wants. Fundamentally, money serves as a medium of exchange, acting as a universally accepted basis for individuals conducting transactions. Its pivotal

Bitcoin Basics

Bitcoin Mining for a Sustainable Future

The discourse around Bitcoin’s environmental impact has only intensified in recent years. The mainstream narrative prefers to simplify this discussion into a binary issue, equating Bitcoin’s energy usage to environmental harm. Nevertheless, a growing body of real-world evidence and scientific papers suggest a more nuanced reality: Bitcoin can

Bitcoin Basics

Bitcoin For Beginners: The Basics

Bitcoin has swiftly gained prominence in the global economy, but its inner workings remain a mystery to many. Its distinct characteristics and novel nature make it challenging to draw parallels within traditional financial systems. In this article, we'll explore the core characteristics of Bitcoin and how they set

Bitcoin Basics

What Is Proof-of-Work (PoW)?

The buzz around blockchains has been nothing short of sensational since the birth of Bitcoin in 2009. At its core, blockchain technology is a distributed ledger system that underpins various cryptocurrencies and decentralized networks. These ledgers, regardless of their specific implementation, serve as the backbone for recording all the transactions

Bitcoin Basics

How Do Beginners Buy Bitcoin?

Looking in from the outside, Bitcoin can often seem too daunting and complex to dive into. Like learning to ride a bike, getting started with Bitcoin presents an initial hurdle, but with time and practice, it will surely become second nature. In this short guide, we'll break down