Bitcoin ecosystem design — Lightning Network, sidechains, and L1 extensions
How the Bitcoin ecosystem layers above and around the base chain: Lightning payment channels, federated sidechains, L1 envelope extensions, and mining pool architectures.
Keyword reference — entries that mention this term in body prose.
6 entries reference this keyword in body prose.
How the Bitcoin ecosystem layers above and around the base chain: Lightning payment channels, federated sidechains, L1 envelope extensions, and mining pool architectures.
How Bitcoin Core persists blocks, maintains the UTXO set, indexes chain state, manages the mempool, prunes historical data, and bootstraps via assumeUTXO.
How Bitcoin nodes find each other, exchange transactions and blocks, and resist network-level attacks across the P2P gossip layer.
How Bitcoin nodes agree on a single chain: SHA-256d proof of work, the difficulty adjustment algorithm, block validation rules, fork resolution, and probabilistic finality.
Bitcoin chose a hard 21M cap; b-money (1998) proposed elastic supply; fiat runs central-bank discretion. The cypherpunk debate, Wei Dai's 2013 regret, and 15 years of cryptocurrency variants.
What Satoshi's design assumed about a fee-only future, and the documented debate over whether transaction fees alone can sustain proof-of-work security after the block subsidy ends around 2140.