May 6, 2026

Why we need mining?

I know is related to these: What is the rationale behind Bitcoin mining? Why do we need Proof of Work in bitcoin? But I don’t fully understand those answers, and I think usually is much […]

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lightning network funding transaction clearification

Im trying to understand the funding transaction for a channel on the lightning network. I am wondering how the input looks like to the funding transaction. Does it require In_{Alice}(tx_{id}, tx_{index},redeem_script) and In_{Bob}(tx_{id}, tx_{index}, redeem_script) […]

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What’s a unique identifier in listsinceblock output?

I am trying to understand if there a unique identifier for transactions. I didn’t find anything about that mentioned in listsinceblock‘s help. { “involvesWatchonly”: true, “account”: “”, “address”: “mvd6qFeVkqH6MNAS2Y2cLifbdaX5XUkbZJ”, “category”: “receive”, “amount”: 10, “label”: “”, […]

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Importprivkey problem for Litecoin clone

I have cloned an older version of Litecoin using a tutorial. I chose the starting letter for the public addresses to be lower case “x”. Everything is working fine except for importprivkey. It will always […]

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How to send Bitcoin in the Testnet?

I’m using this library: https://github.com/lian/Bitcoin-ruby And here’s my code: require ‘open-uri’ require ‘net/http’ require ‘net/https’ require ‘json’ require ‘Bitcoin’ Bitcoin.network = :testnet3 def get_response(prev_tx) url = “https://testnet.blockexplorer.com/api/rawtx/#{prev_tx}” uri = URI(url) response = Net::HTTP.get(uri) response = […]

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