Humble Bitcoiners!
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| Today's Rundown: CoinJoinin': Everything you need to know about CoinJoin. Collateral: Fidelity to offer bitcoin-backed loans. Upgrading: Bitcoin is a behemoth, an unconquerable beast. |
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If you have been in the bitcoin space for a while, you probably have heard of the term "CoinJoin." But what exactly is it? Is it necessary? How does it help?
In this article the author walk us through the answer of these questions, and goes into greater detail about the subject including a tutorial on how to do a CoinJoin yourself.
In essence, a CoinJoin is when two or more people combine their transactions into a single one, in a way which makes it unclear who owns which coins after the transaction. It is often used to regain or increase privacy when the funds are coming from a KYC'd source, before mixing the funds with other addresses, increasing plausible deniability.
Go on and learn about the different methods to improve your privacy ... |
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Fidelity To Offer Bitcoin-Backed Loans Through Nexo
By Namcios Fidelity, has partnered with lending firm Nexo to bring professional bitcoin products to the market. They will start by exploring the expansion of Nexo's ability to service and the enhancement of its growing portfolio of assets under management.
This is not the first time Fidelity has dabbled into bitcoin-backed loans. Since Nexo already serves more than 2.5 million customers in 200 jurisdictions offering bitcoin-backed loans in over 40 countries, it only made sense to build a strategic partnership and combine their expertise.
“Working with Fidelity Digital Assets is the latest milestone in our quest to offer a complete institutional platform and to onboard traditional finance companies into the digital asset ecosystem” - Kalin Metodiev, Co-founder of Nexo. |
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Chance to win 1,000,000 sats |
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Click the links:
1. A group of Jewish Bitcoiners come together to celebrate Hanukkah and Bitcoin.
2. A series of swift liquidations took the bitcoin price down to a potential bottom of $42,000.
3. If the recent trend in Bitcoin network hash rate continues, we should see new all-time highs by the end of the year. |
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Upgrading The Behemoth That Is The Bitcoin Blockchain
By Emeka Ugbah Bitcoin is an "unconquerable beast," just as the mighty Behemoth in the biblical book of Job. After 12 years bitcoin could still be considered by some on its infancy, but it is a gigantic 360 gigabyte data repository powering a trillion dollar ecosystem with more than 76 million unique addresses. Considering the network's age, the numbers are monumental.
Across history, Bitcoin has fought distinct upgrading fights, making it more resilient as time goes on: The Blocksize war SegWit Taproot These are only some of the challenges that the network had to face, and so far, nothing has been able to stop it, embarking it on a journey of continuous appreciation, providing freedom and property rights for individuals. |
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By Spinte
In the bitcoin journey, there are several distractions. It is easy to feel tempted into whatever termporary appreciation one can see out there in other coins, but remember that they are temporary. Bitcoin is not about getting rich quick, is about financial freedom, inclusion, and storing value safely into the future.
Slowly but surely.
Keep stacking. |
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Keep on reading, keep on stacking. |
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