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GLOSSARY

What Is a Cold Wallet?

A cold wallet is a device collecting bitcoin addresses and keys that unlock funds in an offline mode. Since cold wallets don’t require an...

What are BRC-20 Tokens?

Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired by Ethereum’s ERC-20 tokens, BRC-20...

What is Bitcoin Core?

Bitcoin Core is the software that keeps Bitcoin operating smoothly. Originally known simply as “Bitcoin,” it was developed by Satoshi Nakamoto, and remains the...

What Is The Block Reward?

The block reward is the incentive given to bitcoin miners for securing the blockchain and creating new blocks. It comprises newly minted bitcoin —...

What is Anarcho-Capitalism?

Anarcho-capitalism is a political and economic theory that merges the principles of anarchism and capitalism. It advocates for a society without a centralized state,...

The Austrian School of Economics

The Austrian School of Economics The Austrian school of economics is a school of economic thought that emphasizes the importance of individual human action and...

What is the Block subsidy

The block subsidy refers to the reward given to miners for successfully mining a new block on the Bitcoin blockchain. This reward consists of...

What Is Commodity Money?

Commodity money is a form of money that derives an intrinsic value from its underlying commodity and the supply and demand dynamics.

What Is Monetary Debasement?

Debasement is the action or process of reducing the quality or value of something, particularly in relation to money.

What Is The Byzantine Generals Problem?

Byzantine Generals Problem: Proof of Work, The Solution

The Bitcoin Whitepaper

On October 31, 2008, an individual or group under the pseudonym Satoshi Nakamoto introduced the concept of Bitcoin through a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" to the cypherpunk mailing list. This whitepaper, drawing from decades of research laid the foundation for the creation of a decentralized digital currency.

What Is A Blockchain?

A blockchain is a decentralized, immutable ledger that records transactions across a distributed network. Learn how it works, its key features, and why it's essential for Bitcoin.

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