Btrust Builders
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
Btrust Builders
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
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
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
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
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
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
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
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
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
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
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