Understanding Bitcoin Hard Forks and Chain Splits
bitcoin hard forks and chain splits occur when network participants disagree on protocol rules. Understanding their causes, risks, and outcomes is key to informed participation.
Why Bitcoin’s Fixed Supply Schedule Is Hard to Change
bitcoin’s fixed supply is enforced by consensus rules embedded in node software. Changing it would demand near-unanimous agreement, risking chain splits and loss of network trust.
What Is Taproot: Bitcoin’s Privacy & Smart Contracts
Taproot enhances bitcoin by improving privacy, lowering fees, and enabling efficient smart contracts. It hides complex spending conditions and makes multisig and scripts appear like simple transactions.
Understanding Bitcoin BIPs: Improvement Proposals Explained
This article explains bitcoin Improvement Proposals (BIPs): their purpose, how they’re proposed, reviewed, and adopted, and why they’re vital for coordinating protocol changes and community governance.
