Announcing the new Btrust Engineering Lead
We are happy to announce that Kelvin Isievwore has been selected as our new Engineering Lead
Latest
Schnorr Signatures: A Solution to ECDSA's Malleability in Bitcoin Transactions
Written by Sadiq Ismail In our journey to understand Bitcoin's cryptography, we've already seen how the ECDSA (Elliptic Curve Digital Signature Algorithm) plays a key role in securing transactions. But, as Abubakar Sadiq Ismail pointed out in his previous piece, ECDSA comes with a notable vulnerability;
ECDSA Digital Signatures
Written by Sadiq Ismail Digital signatures are crucial for ensuring the authenticity and integrity of digital documents, offering a level of security that physical signatures simply can't match. Among the various digital signature algorithms available, the Elliptic Curve Digital Signature Algorithm (ECDSA) stands out for its efficiency and
Announcing the Btrust Developer Day at the Africa Bitcoin Conference
GLOBAL, September 20, 2024 — Btrust, a non-profit organization focused on decentralizing the development of Bitcoin software, is partnering with the Africa Bitcoin Conference 2024 to present the ‘Btrust Developer Day’. The Btrust Developer Day will take place on December 8, 2024, at the JW Marriott Hotel in Nairobi, Kenya. The
Announcing the Q3, 2024 Btrust Grant Recipients to Drive Open-Source Bitcoin Development
GLOBAL, Aug 16, 2024 — We are proud to announce the recipients of its Q3 Starter Grants and new members of the Btrust Open-Source Cohort. These grants highlight our dedication to expanding the pool of skilled contributors to Bitcoin's open-source ecosystem from the Global South. The Btrust Starter Grant
Bitcoin Block Construction Using Rust: A Step-by-Step Guide
Written by Collins Okafor A Bitcoin block is a fundamental component of the Bitcoin blockchain, acting as a container for a group of transactions. Each block is linked to the previous one, forming a secure chain of data. At the heart of each block is a block header, which includes
Blinded Diffie–Hellman–Merkle for Ecash Mints
Written by Charles Chege Ecash, conceptualized by David Chaum in the 1980s, was one of the first attempts to create anonymous digital currency. Chaum's idea used cryptographic proofs to mint and manage electronic tokens, ensuring the privacy of transactions through blinded digital signatures. These early ideas laid the
Initial Peer Discovery in Bitcoin
Written by Aurelia Naiyoma In the Bitcoin Network, peer discovery is an essential process that ensures nodes can effectively connect and exchange information. This plays a critical role in securing the network by ensuring blocks are propagated and transactions can be validated, forming the core basis of how the network
Merkle Trees Implementation In Git and Bitcoin
Written by Aurelia Naiyoma Imagine an instance where every tiny code change is traceable, and transactions are secured with unbreakable chains of verification. This is the power of Merkle trees, a deceptively simple data structure at the heart of systems like Git and Bitcoin. Merkle trees work by converting data
Commencement of the Btrust Builders Fellowship, January 2024 Cohort
GLOBAL, Jan 19, 2024 — Btrust Builders is excited to announce the commencement of its January 2024 fellowship cohort. The cohort, consisting of 55 carefully selected fellows, is set to kick off on Monday, the 22nd of January 2024. These participants have successfully gone through the rigorous code challenge and faculty
The Build for Africa Hackathon: Tips for Choosing the Right Idea
Are you ready to build innovative solutions tailored to the unique challenges faced by Africans? Welcome aboard the Build for Africa Bitcoin and Lightning Hackathon train! As you prepare to dive into building, we want to share some valuable insights to help you choose the right idea to enter for
The “Build For Africa” hackathon opens registrations for the 2023 edition
The “Build For Africa” hackathon is a virtual hackathon for anyone interested in building innovative applications and tools to solve African problems powered by Bitcoin and the Lightning network. Organized by Btrust Builders in partnership with the Africa Bitcoin Conference 2023, the hackathon will serve as a launchpad for collaborative
Btrust
Btrust Acquires African Bitcoin Developer Training Company, Qala
Jay-Z and Jack Dorsey-funded Bitcoin Non-profit Acquires Qala to Build Next Generation of Open-Source Bitcoin Developers GLOBAL, Sept 5, 2024 — Btrust, a non-profit organisation which exists to decentralise the development of Bitcoin software, has today announced its acquisition of Qala, the leading organisation training the next generation of African Bitcoin
Btrust Builders
HODL Invoices vs BOLT11 Invoices: A Comparison
Written by Oghenovo Usiwoma Lightning is a second layer for Bitcoin that uses micropayment channels to scale the blockchain’s capability to conduct transactions more efficiently. This layer consists of multiple nodes that can open and close payment channels with each other, without having to broadcast every transaction to the
Btrust Builders
Types of Backups In The Lightning Network
Written by Ibironke Marvellous The Lightning Network is a second-layer payment protocol built on the Bitcoin network. It is designed to improve the scalability of the Bitcoin network and provide near-instant, low-cost transactions. In contrast, the Bitcoin network is a first-layer payment protocol that supports secure, decentralized transactions. The Lightning
Btrust Builders
Transaction Malleability In Bitcoin: What Is It and Why It Matters
Written by Nasser Saazi One of the most fundamental properties of Bitcoin as a medium of exchange is that transactions, once made, remain valid and cannot be double spent. When Alice pays Bob, she wants the assurance that the payment made can never be invalidated. This is critical to the
Btrust Builders
Why a Bitcoin Address Is Not Like An Account Number
Written by Abubakar Sadiq Ismail Bitcoin address is a set of alphanumeric characters which can also be encoded in a QR code format, bitcoin addresses have uniform prefixes 1, 3, bc1 etc., and each prefix type has a meaning. Bitcoin addresses are used to receive bitcoin payments from other bitcoin
Btrust Builders
Bitcoin and Lightning Network Fees: Understanding the Different Types and Calculations
Written by Amadi Justice Chinonso Bitcoin transaction fees are crucial for incentivizing miners and maintaining the network's integrity. As the network grows, fees have become a significant concern. The Lightning Network is a second-layer payment protocol that allows for faster and cheaper transactions. This article explores Bitcoin and
Btrust Builders
A Beginners Guide To Submarine Swaps
Written by Solomon Eze Overview As bitcoin continues to grow, layers or protocols built upon it continually look for better ways to improve the scale, adoption, and utility of bitcoin. A major problem between these layers is transaction barriers because it’s not a straightforward step to simply send bitcoin
Btrust Builders
Build a Bitcoin wallet API Using Nodejs
Written By Anthony Ugwu A bitcoin wallet is a digital software application that allows users to securely store, send, and receive Bitcoin. It does not actually store Bitcoin, but instead, it stores the private keys necessary to access and manage the user's Bitcoin balance. A wallet can be
Btrust Builders
BOLT 11 vs BOLT 12: What’s new in Lightning?
Written by Tobi Ojuolape BOLT, which stands for "Basis of Lightning Technology", refers to a set of technical specifications or protocols that define the rules and procedures for how the Lightning Network should operate. BOLT was first introduced in 2017 by a group of developers working on the
Btrust Builders
Unlocking The Power of P2WSH: A Step-by-Step Guide to Creating And Spending Coins With Bitcoin Scripts Using bitcoinjs-lib
Written by Oghenovo Usiwoma In the world of Bitcoin, addresses are used to specify how you want to receive coins. There are several types of addresses, each with its own properties and capabilities. The simplest type is Pay-to-Pubkey-Hash (P2PKH), which is generated from a public key hash and is secure
Btrust Builders
Setting Up A Bitcoin And Lightning Network Daemon On Mac From Source
Written by Masiko Timothy Hey, If you are here you might be already interested in getting yourself set up on this cool Lightning network mission , I found quite a couple of challenges in getting an easy guide to help me get setup much faster so I decided to write this
Btrust Builders
Bitcoin Derivation Path
Written by Marvellous Ibironike A derivation path is a sequence of numbers and letters. Before we go further let’s give an insight into HD wallets. HD WALLETS HD wallets, short for Hierarchical Deterministic wallets, are a type of wallet that uses a single seed phrase, also known as a