A Fedimint is a portmanteau of "Federated" and "Mint" and refers to a type of privacy-enhancing technology in the context of Bitcoin. It is a type of Chaumian CoinJoin, which is a method of mixing multiple transactions in such a way that their origin and destination

Bitcoin addresses are used to send and receive bitcoin transactions on the blockchain network. There are several different types of bitcoin addresses, each with their own unique features and uses. The first type of bitcoin address is a standard address, also known as a "P2PKH" address. These addresses

What is the HMAC-SHA512 Algorithm (Keyed-Hash Message Authentication Code)? The HMAC-SHA512 algorithm, also known as "Keyed-Hash Message Authentication Code" is a key derivation function (KDF) used in bitcoin and other cryptocurrencies to generate a unique key from a password or passphrase. The key is then used to encrypt

Hierarchical deterministic (HD) key generation is a method used in bitcoin and other cryptocurrencies to generate a tree-like structure of derived keys from a single "seed" value. This seed value can be a random number or a user-provided passphrase. HD key generation is used in the bitcoin industry

What is a Key Derivation Function (KDF)? A key derivation function (KDF) is a mathematical process used in bitcoin and other cryptocurrencies to generate a unique key from a password or passphrase. The key is then used to encrypt or decrypt private data, such as a private key or seed

What is PBKDF2 (Password-Based Key Derivation Function 2)? PBKDF2 (Password-Based Key Derivation Function 2) is a widely used cryptographic algorithm that is designed to generate a secure and unpredictable key from a password or passphrase. It is used in a wide range of applications, including password-based encryption, secure key generation,

Explaining The Elliptic Curve Digital Signature Algorithm (ECDSA) The Elliptic Curve Digital Signature Algorithm (ECDSA) is a type of encryption algorithm that is used to create digital signatures. It is used in the process of creating a new Bitcoin address, where it generates a unique public key based on the

What is SHA-256 in Bitcoin? SHA-256, short for Secure Hash Algorithm 256-bit, is a cryptographic hash function that is used in the Bitcoin network to ensure the integrity of the blockchain. It is a fundamental component of the Bitcoin protocol and is used in the process of mining to add

Taro is a new protocol for multi-asset Bitcoin and Lightning that aims to make the transfer of multiple types of assets on the Bitcoin and Lightning networks easy and secure. It is built on top of the existing Bitcoin and Lightning infrastructure, which means that it is compatible with existing