I was having a hard time trying to dissect what exactly is this new standard marketed as 'payment protocol of the internet' so I decided to spend an embarrassing amount of time to understand the code and its implications. Writing this article because I think its definitely intriguing but should be called exactly what it is: a method that standardizes off-chain delegation, also more of a primer to my other article where I mention some pointers to keep in mind before starting to build: https://...

I was having a hard time trying to dissect what exactly is this new standard marketed as 'payment protocol of the internet' so I decided to spend an embarrassing amount of time to understand the code and its implications. Writing this article because I think its definitely intriguing but should be called exactly what it is: a method that standardizes off-chain delegation, also more of a primer to my other article where I mention some pointers to keep in mind before starting to build: https://...

We live our lives chained to our thoughts, chained to the actions we have made uptil this very moment, where we stand. All these actions taken by each one of us form the current state of all the unspent transactions output. A single transaction generates multiple outputs to the current state of UTXOs. Each action is an amalgamation, a motivation, dovetailing from all the previous actions either received or given out. The input of the next transaction between two hu...

We live our lives chained to our thoughts, chained to the actions we have made uptil this very moment, where we stand. All these actions taken by each one of us form the current state of all the unspent transactions output. A single transaction generates multiple outputs to the current state of UTXOs. Each action is an amalgamation, a motivation, dovetailing from all the previous actions either received or given out. The input of the next transaction between two hu...

“Bitcoin was no doubt the first of its kind, the amalgamation of equally ingenious innovations that preceded its birth. Bitcoin can be said to be a particular application of *Blockchain, *the technology upon which the cryptocurrency sits upon. To break it down, blockchain is a ‘data structure’, and by data structure it is meant that it is an encapsulation of data and methods to operate on that data. The neares...

“Bitcoin was no doubt the first of its kind, the amalgamation of equally ingenious innovations that preceded its birth. Bitcoin can be said to be a particular application of *Blockchain, *the technology upon which the cryptocurrency sits upon. To break it down, blockchain is a ‘data structure’, and by data structure it is meant that it is an encapsulation of data and methods to operate on that data. The neares...