With Bitcoin giving us an opportunity to “be your own bank”, this also imposes a responsibility to protect your funds. There are different ways to do it and today we will learn how to backup and restore Bitcoin wallet with Electrum. Warning! Wallet’s backup should be stored in a safe place and ideally additionally encrypted. […]
Fees on the Bitcoin network has been sky-rocketed recently and this spurred interest in how to optimize fees on Bitcoin. In this article I will show how to register a private domain name and pay with Bitcoin Lightning with as low as 2 cent fee. Actually, Lightning payment option has been functional on our website […]
In this article I will describe how to keep your Electrum wallet up-to-date when running it in Ubuntu operating system. When the new update is released you will see the notification, like on the image below. When clicking on the message, a new window will appear showing you the update page address: https://electrum.org/#download. Make sure […]
I have been absent from posting in the recent days and it has been due to some updates undergoing at yohost. We are launching new products and are aiming to get more partners to work with us. In the following days you can expect: Other stuff going on As I have said many times, we […]
This week the crypto space was frightened by the news that SEC might label all cryptocurrencies as securities, with only one exception made – Bitcoin. With the above said, it’s worth mentioning that crypto community (not Bitcoin) felt some kind of injustice and wanted Bitcoin maximalists (the ones who believes only in BTC) to stand […]
In this article we will show how to place an order for a dedicated server and pay with Bitcoin or other cryptocurrency. If it is your first time ordering anything with Bitcoin we recommend to start by creating a wallet. Here are some useful content: Create an account at yohost.org Once you get some Bitcoin […]
In this article we will show how to setup your Bitcoin wallet with Electrum. Electrum is a self-custody wallet, which gives you full control over your funds. We will setup a native Segwit and p2sh wallet which is compatible both with native Segwit addresses (start with bech1) and legacy Bitcoin addresses (start with 1). Download […]
In this article we will discuss one common thing which new to Electrum users may face and get very scared. You are being paid, but transaction does not appear in the wallet and Bitcoin balance is not updated. Usually this happens when you accept Bitcoin payments via some automated software to your Electrum wallet. Problem […]
Usually when you send a Bitcoin transaction you trust the fee settings to the wallet you use. One of the strong sides of the Electrum wallet is that you can set the fee of your choice depending on how fast you want the transaction to be confirmed. In this article you will learn how to […]