Bitcoin, a decentralized digital currency, uses a unique scripting system in its transactions to provide greater flexibility and security. One of the important script opcodes in this system is the OP_RETURN, which has provided an avenue for embedding data within the Bitcoin blockchain. 👇💡 The OP_RETURN is a script opcode that marks a transaction output … Read more
Once upon a time, I was a distributed systems researcher specializing in graph partitioning algorithms. Those were thrilling days, though I must admit I didn’t enjoy the daily commute and the time away from my family. During that period, I delved deep into classic distributed systems conundrums like the Byzantine Generals Problem. When I discovered … Read more
Coinbase API v2 is a powerful tool for developers to access real-time and historical cryptocurrency data. One of the most common use cases for the API is to retrieve historical price data for multiple days, which can be used for analysis, modeling, and forecasting. However, getting historical price data for multiple days using Coinbase API … Read more
Overview 🏰 Picture a mighty city, surrounded by a bunch of Byzantine generals 💂♂️, trying to unite and plan an epic attack! But oh no! 😱 Some of these generals might be traitors 🕵️, who’ll backstab the others and ruin the plan. They need a foolproof way to agree on a battle strategy while handling … Read more
As I write this, Bitcoin is in a deep bear market. That’s the perfect time to learn about the tech and start building! After listening to a podcast from Lyn Alden today, I wondered if it is possible to programmatically create a Bitcoin wallet, i.e., a public/private key pair. This can be extremely useful in … Read more
I’ve always wondered if a slow and high-level trading strategy focusing on long-term trends could outperform a buy-and-hold strategy. To answer this question, I created a Python script that would utilize a momentum-based strategy to tell me when to buy and when to sell Bitcoin. Despite my busy life and doubts that day trading would … Read more
This tutorials shares my experience of creating a simple Python script that warns me if crypto price data (e.g., BTC or ETH) crosses a certain threshold. Why would I need this? Well, the script can be useful for trading signals if I want to react quickly. While I don’t really trade, this script may be … Read more
A Time Series is essentially a tabular data with the special feature of having a time index. The common forecast task is ‘knowing the past (and sometimes the present), predict the future’. This task, taken as a principle, reveals itself in several ways: in how to interpret your problem, in feature engineering, and in which … Read more
This article will examine the Bitcoin price predictions of many experts in the broad finance and investment industry. Methodology: Experts were selected with a breadth of understanding and reputation in the financial industry. Disclaimer: This is 100% subjective, and we neither recommend buying or selling BTC as a result of this study. We are no … Read more
You should always apply your own critical thinking when it comes to the crypto space. One question asked by many critical thinkers who know the overall idea of the Bitcoin protocol but not yet its technicalities is: 💬 Question: What if a miner is not trustworthy and tries to change my transaction? Can the miner … Read more
We know what a blockchain is and its wide applications. Blockchain is a distributed computing technology involving multiple nodes distributed across geographies. The problem is to ensure that each node gets the exact copy of the data. Hence, some protocol is needed to achieve this unison or consensus. This post tries to cover the need … Read more
This article explains how to use the REST API to access FTX in Python so that you can build your trading program. As you go through the article, you can also watch our article tutorial video: What is FTX? FTX is an exchange where users can trade various digital assets, such as cryptocurrencies, tokenised stocks … Read more