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The Biturai crypto encyclopedia: AI-assisted, data-informed, and continuously quality-audited.
The Blocksize War: Bitcoin Core vs. Big Blocks (2015-2017)
The Blocksize War was a significant technical and ideological debate within the Bitcoin community from 2015 to 2017, centered on how to scale the network to handle more transactions.
The 2010 Bitcoin Value Overflow Incident: The 184 Billion BTC Bug
In 2010, a critical bug in the Bitcoin network allowed the creation of 184 billion bitcoins, far exceeding its intended supply limit.
The Bitcoin Whitepaper of 2008: A Section-by-Section Analysis
The Bitcoin Whitepaper, published in 2008 by Satoshi Nakamoto, introduced a revolutionary peer-to-peer electronic cash system.
Bitcoin Mining Difficulty All-Time High and Its Implications
Bitcoin mining difficulty is a self-adjusting metric that ensures consistent block times and network security. A new all-time high in difficulty reflects increased network hash rate and robust participation.
Stratum V2: The Next-Generation Mining Pool Protocol Explained
Stratum V2 is a significantly improved communication protocol for Bitcoin miners and mining pools.
Mining Difficulty vs. Hashrate: Explaining the Relationship
Mining difficulty and hashrate are fundamental concepts in cryptocurrency mining, intricately linked to the security and stability of a blockchain network.
Bitcoin Hash Ribbons: Mining Capitulation and Recovery
The Bitcoin Hash Ribbons indicator identifies significant price bottoms by analyzing miner behavior through hash rate moving averages.
Bitcoin Exchange Netflow: Accumulation Versus Selling Pressure
Bitcoin Exchange Netflow measures the net movement of BTC onto or off centralized exchanges, providing insights into potential market sentiment.
Bitcoin Long-Term Holder vs. Short-Term Holder Supply
Understanding the distinction between Bitcoin's long-term and short-term holder supply provides critical insights into market sentiment and potential price movements.
Bitcoin Reserve Risk as a Long-Term Cycle Indicator
Bitcoin Reserve Risk is a metric that assesses the confidence of long-term Bitcoin holders relative to the asset's price.
Coin Days Destroyed: Measuring Bitcoin's Dormancy and Movement
Coin Days Destroyed (CDD) is an on-chain metric that provides insight into the movement of Bitcoin by weighting transactions based on how long coins have remained dormant.
Bitcoin RHODL Ratio as a Cycle Top Indicator
The Bitcoin RHODL Ratio is an on-chain indicator designed to identify periods of market overheating and potential cycle tops.
STH-SOPR and LTH-SOPR: Short-Term vs. Long-Term Holder Behavior
STH-SOPR and LTH-SOPR are on-chain metrics that reveal whether short-term or long-term cryptocurrency holders are selling their assets at a profit or a loss.
aSOPR vs. SOPR: The Adjusted Spent Output Profit Ratio
The Spent Output Profit Ratio (SOPR) measures the profitability of coins moved on the blockchain, indicating whether market participants are selling at a profit or a loss.
MVRV Z-Score: Identifying Bitcoin Market Tops and Bottoms
The MVRV Z-Score is an on-chain indicator that helps determine if Bitcoin's price is overvalued or undervalued relative to its fair value.
Bitcoin Realized Price: The On-Chain Cost Basis
The Bitcoin Realized Price represents the average acquisition cost of all bitcoins in circulation, based on their last movement on the blockchain.
Why There Will Never Be 21 Million Bitcoin (Rounding Losses)
The theoretical maximum supply of Bitcoin is often cited as 21 million, but the actual number minted will be slightly less due to the protocol's design.
Bitcoin Inflation Rate: Annual Emission Over Time
Bitcoin's inflation rate refers to the predictable, decreasing rate at which new bitcoins are introduced into circulation, governed by its fixed supply cap and halving events.
S2FX: The Extended Stock-to-Flow Cross-Asset Model
The S2FX model is an advanced valuation framework for Bitcoin, extending the original Stock-to-Flow concept by incorporating phase transitions.
Bitcoin Stock-to-Flow Model: Limitations and Real-World Price Discrepancies
The Bitcoin Stock-to-Flow model estimates Bitcoin's price based on scarcity, comparing existing supply to new issuance.