Conor Mulcahy

Conor Mulcahy
83 POSTS0 COMMENTS
https://bitcoinnetwork.ie/
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 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...

Triple-Entry Bookkeeping

The triple-entry accounting system is a concept that emerged with the advent of blockchains. This new approach to accounting has the potential to transform the way transactions are recorded...

What is Sound Money?

“Sound money” is a term that often gets thrown around in economics discussions, but what does it really mean? In this article, we explore the concept of sound money,...

Non-Custodial Wallet

A non-custodial wallet, also known as a self-custody wallet, is a digital wallet that gives the owner full control of their bitcoin. With a non-custodial wallet, the user retains...

What are Merkle Trees?

Merkle trees, also known as hash trees or binary hash trees, are tree-like data structures used in computer science. They are named after their inventor, Ralph Merkle, who proposed...

Libertarian

Libertarians hold the fundamental belief that property rights — and by extension, liberty to use property as one sees fit — are the paramount value in societal organization. They...

What is Hard Money?

In the world of monetary economics, the term “hard money” represents money that is both scarce and difficult to create. The Austrian School of Economics views hard money in...

What Is A Hardware Wallet?

A hardware wallet is a physical device that stores and protects your bitcoin’s private key in an offline mode. They are a form of cold storage and are typically...

Fractional Reserve Banking

Fractional reserve banking is a cornerstone of modern financial systems, significantly shaping banking practices globally. The concept refers to the practice whereby banks hold only a fraction of their...

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