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What is a Bitcoin Improvement Proposal (BIP)?

A Bitcoin Improvement Proposal (BIP) is a standard for proposing changes to the Bitcoin protocol, or in some cases a source for information for the Bitcoin community. Additionally, some BIPs are proposed changes to the BIP process itself. BIPs can include consensus-critical changes (like soft fork and hard fork protocol upgrades) but also other changes…

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Bitcoin and Taxes

Tax season can be confusing enough with complicated rules about what types of income are taxable and which are not; what can be written off and what can’t; and which assets need to be listed and which do not. Add to that the confusion around digital currency and its status in the eyes of governments,…

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What are Bitcoin Wallets?

Storing bitcoin in a safe location has its challenges. This is because bitcoins aren’t physically “stored” anywhere. As a purely digital entity, it is not as if they are held in bank vaults or stuffed under mattresses. They are accessible through Bitcoin addresses, which require a set of digital keys for entry. So, the question…

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How to Keep Bitcoins Safe

If you are thinking through the process of accruing bitcoins, you may be wondering where to keep them once you’ve done so. After investing time and resources into the digital asset, can you be sure they are locked safely away for when you want to use them? In truth, bitcoins aren’t “stored” anywhere. As a…

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Is Bitcoin Legal?

Bitcoin, the world’s first decentralized digital currency, is attracting attention across the globe. When acknowledging that it is also the first borderless, apolitical form of money in history, it’s hard to avoid the topic of whether it can be used legally. It’s worth noting that no matter who says you can’t use bitcoin, its decentralized…

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How Do Bitcoin Transactions Work?

Bitcoin transactions are designed to be publicly searchable, programmatically confirmed by miners and immutable once embedded on the blockchain.  BTC transactions contain three pieces of essential data: the amount being transacted, an input (the addresses where the bitcoin being sent have come from) and the output (the bitcoin address, also known as the public key,…

Bitcoin Mixer Services

FoxMixer Review & Guide 2023

FoxMixer is an outstanding, high quality BTC mixing service that makes tumbling Bitcoins as easy as never before. About FoxMixer UPDATE: the service was closed. FoxMixer was closed, so you can use one of alternatives: FoxMixer is a high quality bitcoin mixing service providing easy, secure and fast bitcoin mixing for increasing individual privacy in…

Bitcoin Mixer Services

CryptoMixer.net Review & Guide 2023

Bitcoin’s indirect anonymity misleads many because today’s users can track all coin movements and where they are stored using modern, constantly evolving software. That is why it is worth using services like Crypto Mixer, which helps maintain partial or complete anonymity for coin owners. The idea behind this kind of service is that it mixes…

Bitcoin Mixer Services

ChipMixer.com Review & Guide 2023

About ChipMixer UPDATE: the service was closed. ChipMixer was closed in 2023, so you can use one of alternatives: Similar to other mixing services, ChipMixer mixes the funds of its users together, then returns them to users in an effort to confuse blockchain analysts or blockchain tracking software. When used properly, a mixing service prevents…

Bitcoin Mixer Services

Bitcoin Mixer Blender: Review & Guide

Bitcoin Blender is one of the best platforms, especially for beginners or those who don’t have enough technical knowledge in Bitcoin mixing. About Blender Unlike any other Bitcoin mixing services, Blender is one of the best platforms, especially for beginners or those who don’t have enough technical knowledge in Bitcoin mixing. Aside from the fact…