Exploiting The Lightning Bug Was Ethical – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. For the second time in roughly a month, btcd/LND have had a bug exploited which caused them to deviate in consensus from Bitcoin Core. Once again, Burak was the developer who triggered this vulnerability — this […]

RBF Debate Is Incentives And Choice – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. Big surprise, Bitcoiners are arguing furiously about a proposed change set to be included in the next release of Bitcoin Core. Opt-in replace-by-fee (RBF) is a mempool policy feature that was proposed in 2015 to give […]

What The Bitcoin White Paper Misses – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. The Bitcoin white paper is one of the most important documents written this century to everyone reading this. Every Halloween, somewhere in the back of our minds, “this is when it happened” invades our consciousness. It […]

Addressing Realities Of Taro’s Limitations – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. Taro finally released beta code for testnet, and it has continued to be a big point of discussion for a few weeks now at this point. It is being discussed by many as some kind of […]

US CBDC Narrative Is A Fantasy – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. Since the recent White House report on Bitcoin and cryptocurrencies the discussion around a United States central bank digital currency (CBDC) has been raging again. Will they make one? How long will it take? Of course […]

Bitcoin Will Replace Swift Before Visa – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. With the advent of the Lightning Network the notion of bitcoin as a means of exchange has been taking off in the last few years in terms of dominant narratives in this space again. Ultimately, that […]

Bitcoin Mining Concentration In America – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. Since the mining ban came to China, there has been a massive migration of Bitcoin hash rate to the United States. There have been many narratives and pushes from pro-American Bitcoiners to continue attracting more hash […]

Incentives Of Stablecoins On Bitcoin – Bitcoin Magazine

Since the announcement of the Taro protocol by Lightning Labs, the topic of stablecoins issued directly on the Bitcoin blockchain has become the center of conversation again. In reality this is not something new. Tether, the first stablecoin, was originally issued on the Bitcoin blockchain using the Mastercoin (now called Omni) protocol that enabled the […]

Who Cares About Bitcoin Maximalism – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. What is Bitcoin Maximalism? People will not stop asking this question, either to defend it as a virtuous label, or to attack it as a symbol of everything wrong and rotten in this ecosystem. This question […]

Can Bitcoin Overcome Price Of Anarchy – Bitcoin Magazine

This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. The Lightning Network as a payment routing network has many similarities with the internet itself. You must be connected to the network, payments are routed from one source node on the network to a destination node […]