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Bailey Jakob

Ark: Overview Of An Alternative Second-Layer Solution For Bitcoin

Ark, a groundbreaking second-layer protocol, is making waves in the world of Bitcoin by proposing an alternative scaling solution. Unlike other protocols, Ark addresses three main challenges: liquidity constraints, interactivity requirements, and the direct link between senders and receivers. This innovative design allows recipients to get paid without setting up...

Bailey Jakob

Proof of Work vs Proof of Stake

Digital currencies have revolutionized the financial landscape, bringing to the front two important consensus mechanisms - Proof of Work (PoW) and Proof of Stake (PoS). Bitcoin, the first and most respected digital currency, uses the PoW model. Many newer cryptocurrencies have moved towards PoS, but despite the perceived benefits of...

Bailey Jakob

What Is With All The Buzz Around BRC-20 Tokens?

As global adoption of Bitcoin continues, new concepts, protocols, and tokens are continually being introduced, each promising to bring fresh perspectives and functionalities to the ecosystem. One such recent development that has captured the attention of the Bitcoin community is the introduction of BRC-20 tokens. This new token standard, while...

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