Conor

Conor
1 POSTS0 COMMENTS
https://bitcoinnetwork.ie/
Conor. Conor is a founding member of BitcoinNetwork.ie, a Bitcoin policy group in Ireland. He also does SEO for Bitcoin Magazine. Fix the money, the rest will take care of itself.

What is Digital Cash?

Digital cash refers to decentralized, peer-to-peer currency that relies on cryptographic protocols to enable secure transactions without intermediaries like banks or payment processors. Unlike electronic cash, which operates within...

What is Electronic Money (E-money)?

E-money exists primarily to streamline and simplify digital transactions. In an increasingly global and interconnected financial landscape, e-money provides a fast, efficient, and secure way for consumers and businesses...

What is eCash?

eCash is one of the earliest implementations of digital cash, introduced by cryptographer David Chaum in the late 1980s through his company DigiCash. Unlike general “electronic cash,” which refers...

What is a Veblen Good?

A Veblen good is a product that challenges conventional economic theory. Normally, when the price of something increases, demand tends to drop. But for Veblen goods, the opposite occurs...

What is Unit Bias?

Unit bias, sometimes referred to as “unit preference” or “unit-of-account bias,” is a cognitive bias that most cryptocurrency founders exploit to attract investors. It refers to the tendency of...

What is Tokenomics?

Tokenomics, a blend of “token” and “economics,” refers to the design and structure of the economic systems surrounding digital tokens and cryptocurrencies. This concept encompasses everything from how tokens...

What is Stratum V2?

Bitcoin mining has come a long way since the early days of CPU mining, with constant innovations being developed to ensure its decentralization, efficiency, and security. One of the...

What are Bitcoin Runes?

Bitcoin Runes is a protocol designed to create fungible tokens on the Bitcoin blockchain, leveraging the unspent transaction output model (UTXO) and the OP_RETURN opcode. This innovation aims to...

What is OP_Return?

OP_Return is a special script opcode in Bitcoin that allows users to embed arbitrary data into a Bitcoin transaction, marking that part of the transaction as unspendable. In simpler...

What are Inscriptions?

Inscriptions are a novel feature that allows users to permanently store data, such as text, images, or even files directly on the Bitcoin blockchain. Introduced through the Ordinals protocol...
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