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Bitcoin for Pros

You know the basics, now become an expert

  • What is SegWit?

    Segregated Witness (SegWit) refers to a process to reduce the requirements for processing Bitcoin transactions by allowing information to be processed more efficiently to speed up the network. Specifically this refers to digital signatures used to verify transactions, which take…

    1 minute read
  • What is a validator?

    A term similar to Bitcoin miners, a blockchain validator is someone who is responsible for verifying transactions on a blockchain. Once these transactions have been verified or ‘validated’, they are then added along with the new block to the chain. 

    1 minute read
  • What is Bitcoin XT?

    Bitcoin XT was a fork from Bitcoin Core. Proposed in BIP 101 and launched in August 2015, the split from the Bitcoin community was due to disagreements on rule changes with some of Bitcoin Core’s senior developers.

    1 minute read
  • What are Bitcoin futures?

    A BTC futures contract is an agreement between a buyer and seller to buy and sell BTC at an agreed price at a future date. The agreement (contract) is the traded commodity, not the actual underlying asset (Bitcoin). It gives investors exposure to BTC without having to hold actual cryptocurrency.

    1 minute read
  • What is a Bitcoin flash crash?

    A Bitcoin flash crash is when the price of Bitcoin drops dramatically and then returns to its previous levels very quickly. Flash crashes are not unique to Bitcoin and can happen for other cryptocurrencies, as well as stocks.

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  • What is Bitcoin Core?

    The Bitcoin community consists of members that support the Bitcoin network by hosting a version of the blockchain and its entire history of transactions on their computers, which are called nodes.

    1 minute read
  • What is Bitcoin Classic?

    Bitcoin Classic was a proposed hard fork from Bitcoin Core that planned to increase Bitcoin’s block sizes from 1MB to 2MB to help the network scale. Although it failed to take off and gather support from the Bitcoin developer community,…

    1 minute read
  • What is Bitcoin Unlimited?

    Bitcoin Unlimited was a proposed upgrade for Bitcoin block size limits which was a hard fork from Bitcoin Core. With Bitcoin’s block sizes limited to 1MB, some community developers were concerned about how the network would cope as more users…

    1 minute read
  • Could Bitcoin be banned?

    The quick answer is not really, as it would be very tricky to shut down the entire decentralised Bitcoin blockchain that lives on thousands of computers across the world. Bitcoin is borderless and there’s no central authority that can be…

    1 minute read