ITIsah Theophilus Excellentinextheo.hashnode.dev·Jul 11, 2022 · 7 min readUnderstanding Bitcoin TaprootTaproot is a soft fork of the Bitcoin network which led to the creation of several Bitcoin Improvement Proposals (BIPs), the most notable being BIP 340 and BIP 341. Given that scalability is a challenge, efficiency and privacy have long been at the c...00
ITIsah Theophilus Excellentinextheo.hashnode.dev·May 31, 2022 · 5 min readPoint Time Locked Contracts (part two)In the last article, I wrote about what PTLCs are, how they improve on HTLCs, and gave technical examples showing their intricacies and arguing their benefits. This article will explore how similar PTLCs are to HTLCs, as well as some problems associa...00
ITIsah Theophilus Excellentinextheo.hashnode.dev·May 29, 2022 · 8 min readPoint Time Locked Contracts (part one)This article is the first in a two-part series which aims to explain some of the technicalities of Lightning Network PTLCs and how they compare with HTLCs. Overview of PTLCs The Lightning Network protocol uses multihop locks for processing payments. ...00
ITIsah Theophilus Excellentinextheo.hashnode.dev·Apr 29, 2022 · 5 min readLightning invoice vs Bitcoin addressBitcoin and lightning are so linked that their essential ideas are nearly identical. Payment receipt procedures are a unique and crucial feature of both technologies. It's the bitcoin address for bitcoin, and the lightning invoice for lightning (BOLT...00
ITIsah Theophilus Excellentinextheo.hashnode.dev·Apr 23, 2022 · 8 min readBuild a Bitcoin Mempool observerThe Bitcoin mempool is an important part of the technology. This is the first of two articles on how to build a mempool observer. The backend, which serves as a server to our client application, will be covered in this post. Let's start with a basic ...00