It’s been a busy old time here at Coinscrum the past quarter. We ran 4 lectures over 8 weeks at UCL. We’ve been recording podcasts, teaching people how to setup Bitcoin Core and Ordinal nodes. Now we’re deep into Q2 2024 and thought it’s time…

Bitcoin Layer 2 refers to a set of technologies that are built on top of the Bitcoin blockchain to improve its scalability, performance, and privacy. Layer 2 solutions do not modify the underlying Bitcoin protocol, but rather they use clever techniques to offload some of…

Blockchain’s Wider Impact Blockchain technology has become synonymous with Bitcoin in recent years, but it actually has far broader applications beyond cryptocurrency. While Bitcoin introduced blockchain as a way to record financial transactions without a central authority, blockchains can be used to track, verify and…

Bitcoin Mining Pros and Cons Simply Outlined Bitcoin mining is the process of verifying and adding bitcoin transactions to the public ledger known as the blockchain. Miners use specialized computers to solve complex math problems and verify transactions. In exchange, they receive bitcoin as a…

Bitcoin has been one of the hottest topics in finance and technology over the past few years. As the first and most well-known cryptocurrency, Bitcoin offers some intriguing advantages but also comes with considerable risks. This article provides a balanced look at the main pros…

How Does Bitcoin Work? Bitcoin is a decentralized digital currency that was created in 2009. Unlike traditional currencies like the U.S. dollar that are controlled by central banks, Bitcoin has no central authority and operates on a peer-to-peer network. But how exactly does it work?…

Introduction: Bitcoin is the world’s oldest and largest cryptocurrency, but it has traditionally been limited in terms of its functionality. RGB is a protocol that aims to expand the capabilities of Bitcoin by enabling the creation and management of programmable assets on the blockchain. This…

Introduction Bitcoin has exploded in popularity over the last decade, becoming the first widely adopted cryptocurrency. But what exactly enables Bitcoin to function as a decentralized digital currency? The answer lies in the blockchain technology that underpins Bitcoin. In this explainer article, we’ll look at…

What is Blockchain Technology? Blockchain technology is a decentralized digital ledger that records transactions in a verifiable and permanent way. Blockchain allows digital information to be distributed across a network, making it difficult to be hacked or altered. It was originally developed as the underlying…

Hello again scrummers! After a roaring start to the new year from the sudden moves upwards for Bitcoin to the ETF announcements, we’re coming to the close of the first month in 2024. With 2023 behind us and a bullish outlook for Q1 2024, we…

The Top Bitcoin Layers and Projects of 2024: Revolutionising Digital Currency In 2023, the Bitcoin ecosystem has witnessed remarkable innovations, with various layers and projects enhancing its functionality and usability. This guide highlights the top Bitcoin layers and groundbreaking projects like Stacks, Ordinals, and RGB,…

Why Ordinals is a protocol that allows individual satoshis (SATs) in a Bitcoin blockchain to be assigned a unique identifier and transacted with extra data attached. This effectively allows non-fungible tokens (NFTs) to be created directly on the Bitcoin blockchain. What An Ordinal is a…