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👾 What mechanism allows fee bumping without replacing transaction?
👉 CPFP
It is a method of accelerating transaction confirmations in the Bitcoin network that allows speeding up low-fee unconfirmed transactions. The idea is to create a new transaction that depends on the original (“parent”) and includes a higher fee, incentivizing miners to include both in a block.
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🔎 What is the term for a transaction spending an output before confirmation?
👉 Child pays for parent
It is a mechanism in cryptocurrency networks that allows speeding up the confirmation of an unconfirmed transaction by creating a new transaction with a higher fee. The new transaction effectively “pays” for the confirmation of the parent transaction.
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🔎 What is decentralization?
You’ve definitely heard this word thousands of times – but do you really know what decentralization means?
☝️ It is a principle where a network is not controlled by any single company, government, or server. In Bitcoin, thousands of independent nodes around the world store copies of the blockchain and verify transactions, while miners confirm them by adding new blocks.
🔐 Decentralization protects the network from censorship, hacks, and single points of failure. No one can simply shut down Bitcoin, change the rules, or block your funds – control is distributed among all participants.
No one is in charge – and that’s the power.
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🤓 What is the name of the Lightning penalty mechanism for cheating peers?
👉 Revocation key
It is a tool used to ensure security and prevent fraud. It allows one party in a payment channel to invalidate or challenge previously made actions, especially if there is a risk of dishonest behavior from the counterparty.
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🚀 What Lightning feature allows routing without revealing full path?
👉 Onion routing
It is a routing mechanism in the Lightning Network where path data is encrypted in layers. Each node only knows the previous and next hop, but not the full route, ensuring a high level of privacy.
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🔐 What is the name of the key aggregation scheme used in Taproot?
👉 MuSig
It is a cryptographic protocol that allows multiple participants to jointly sign a message or transaction, requiring a set number of signatures for authorization. It is used in cryptocurrencies, especially Bitcoin, to enhance security.
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🗓 Crypto News: Weekly Overview
April 13 – 19
It’s Monday again, so here’s our weekly digest of key events in the crypto market. Let’s take a look at what happened over the past week.
▪️The price of Bitcoin rose to $78,000 for the first time since early February. The positive momentum was driven by news about the reopening of the Strait of Hormuz. However, the strait was later closed again, and BTC pulled back slightly.
▪️In the first quarter, mining companies sold more Bitcoin than in all of 2025. According to data from TheEnergyMag, companies are being forced to sell due to record-low hashprice, which remains below $35 per PH/s per day.
▪️On April 17, following the latest adjustment, Bitcoin mining difficulty decreased by 2.43%, dropping to 135.59 T.
We’ll be back soon with more updates — until then, stay tuned!
👾 What opcode enforces a relative timelock in Bitcoin scripts?
👉 OP_CHECKSEQUENCEVERIFY
A relative timelock allows funds to be spent only after a certain amount of time has passed since the transaction was confirmed.
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🫶 What is the name of the cryptographic proof in mining?
👉 Proof hash
This term refers to the hashing of data – a mathematical process that transforms input data into a unique hash string. Hashing is used in blockchain to ensure data and transaction integrity, as well as to verify their authenticity.
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👾 What is the term for splitting coins across many addresses?
👉 UTXO fragmentation
🪙 It refers to the process of dividing funds into many smaller unspent transaction outputs (UTXOs), often spread across multiple addresses. This can happen intentionally for privacy or unintentionally over time, but it may lead to higher transaction fees when spending due to the need to combine many inputs.
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🤓 What is the name of Bitcoin’s signature algorithm?
👉 ECDSA
It is a cryptographic digital signature algorithm used in Bitcoin to verify ownership of a private key and authorize transactions. It is based on elliptic curve cryptography and provides a high level of security with relatively small key sizes.
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🤑 What is the name of Bitcoin’s time-lock transaction type?
👉 CLTV
It stands for CheckLockTimeVerify – a feature that allows transactions to be locked until a specific time or block height. This ensures that funds cannot be spent before certain conditions are met.
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🔎 What is the term for creating a new Bitcoin address?
👉 Address generation
It is the process of creating a new address in the Bitcoin network used for receiving and storing funds. Each address is linked to a key pair and ensures transaction security.
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🟠 What is the term for verifying ownership of BTC?
👉 Key ownership
It is a concept based on control over a private key, which gives a user the right to manage digital assets associated with a specific blockchain address. It is a fundamental element of security and ownership in the crypto ecosystem.
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🗓 Crypto News: Weekly Overview
April 6 – 12
It’s Monday again, so here’s our weekly digest of key events in the crypto market. Let’s take a look at what happened over the past week.
▪️Active BTC addresses have dropped to a new low in 2026 – the lowest level in 8 years. But there’s also a positive signal: historically, lows in the active addresses indicator have often coincided with the most profitable long-term accumulation zones.
▪️The media has once again named cryptographer Adam Back as the creator of BTC, though he continues to deny it.
▪️A solo miner successfully mined a Bitcoin block and earned $222K. The hash power he was using gave him a chance of finding a block only once every 300 years. Nevertheless, on the morning of April 9, the miner solved block #944,306 and received a total of 3.128 BTC ($222,012).
We’ll be back soon with more updates – until then, stay tuned!
❤️ ECOSMiningGamebot
🔐 What is the term for storing private keys offline?
👉 Cold storage
It is a method of storing private keys without an internet connection. This approach is considered one of the safest, as it protects funds from hacks and online threats.
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📈 What is the name of the reward reduction event cycle?
👉 Halving cycle
It is the cycle in which the block reward in the Bitcoin network is reduced by half approximately every 4 years. This mechanism regulates the issuance of new BTC and creates scarcity.
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👾 What is the name of Bitcoin’s fee market mechanism?
👉 Fee market
The fee market in Bitcoin is an economic mechanism that regulates transaction fees and manages the supply and demand for block space. It is based on market principles, where users compete for limited space in blocks that miners process.
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🤑 What is the term for rewarding miners with newly created BTC?
👉 Block subsidy
It is a fixed amount of newly created bitcoins that miners receive for successfully adding a new block to the blockchain.
🫶 It is one of the two components of the total block reward (the second being transaction fees).
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🟠 What is Bitcoin supply cap?
Bitcoin has a fixed maximum supply of 21 million coins. This limit is built directly into its code and cannot be changed without consensus from the entire network.
☝️ Why exactly 21 million? There is no single definitive answer, but block rewards decrease over time through halvings and follow a predictable mathematical model. Over time, fewer new coins are created until issuance effectively stops.
A limited supply creates scarcity – which is why BTC is often called digital gold. Bitcoin is designed so that mining becomes more difficult over time, while fewer new coins are issued.
👏 And that’s exactly what makes it unique.
💬 Do you think scarcity is the main driver of Bitcoin’s value?
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