Building on Bitcoin, part two: Sidechains, Wrapped Bitcoin

The Sidechain approach Sidechains are separate blockchains attached to Bitcoin’s main chain through various mechanisms. Sidechains have a protocol of their own and run on different nodes than the parent chain, but they do not issue a native token. Instead, sidechains work with a “pegged” asset, essentially a stablecoin to the parent chain’s native asset. … Read more

Building on Bitcoin, part one: Base layer and the Lightning Network

In our previous article, we analyzed the layered structure of monetary instruments throughout history and explained why it makes sense also for Bitcoin to develop in this fashion. In this two-part series, we will further analyze Bitcoin from a technical/developer perspective. In the first part, we will take a look at various scaling methods and … Read more

Strike: Disrupting the remittance payments via Bitcoin’s Lightning Network

Strike is a phenomenal application merging fintech and bleeding-edge Bitcoin tech. Strike’s remittance trial in El Salvador paves the way for the future of remittance payments, effectively driving the cost of sending cross-border payments to zero. Bitcoin the network and bitcoin the asset Bitcoin is usually perceived as the thing that goes up (or down) … Read more