EST block #749,987, Buckeye Bitcoin provides consulting, engineering, and built infrastructure for the bitcoin eco-system. Bitcoin is built on a foundation of free and open-source software and ideas. Progress in bitcoin is made as we build on each other's work. Bitcoin users must have full freedom over the hardware and software infrastructure they use - freedom to fork, freedom to change, freedom to run the programs they want without any intermediaries.
At Buckeye Bitcoin, our values are bitcoin-only, and offering high-quality solutions that leverage the power of free open-source software (FOSS). We specialize in implementing and customizing the most reliable and robust free open source software available today, enabling us to provide our customers with cutting-edge solutions that meet their unique needs. From secure payment processing to customizable wallets, our FOSS solutions offer a range of benefits for businesses looking to harness the power of the bitcoin.
Previously with banks, you had no option between self-custody or custodial payment processing. For example, if you wanted to run a self-custody business under fiat, you would have to run cash payments-only business, which comes with huge risk of theft when centralizing capital in one place, and this would limit your reach of customers. To expand our economic outreach beyond our local economies, custodial payment networks and custodial payment processors were created to allow for digital transactions. Let’s think about that for a second…
What’s been the cost of custodial payment systems over time? Why can’t we have a digital self-custodial payment processor like an all-cash business from back in the day? What innovations, freedoms, and data do businesses & customers have to sacrifice due to custodial payment processing? What if my digital form of payment i.e., credit card, apple pay, venmo declines even if I have the available funds? Also, again what valuable data both financial and personal am I now giving away for free because of these services and who is viewing that data?
With BTCPay Server, we now have a decentralized enterprise resource planning tool (ERP) for payment processing, sales & order management, financial management, e-commerce, that allows for instant settlement from the customers wallet to the business’s wallet for digital transactions without third parties taking custody of funds or fees on the transaction. All of this for free.
Sparrow Wallet is a free open-source wallet software, designed to provide users with a high level of security and privacy, while also being easy to use. Sparrow features a user-friendly interface that allows users to manage multiple wallets, view transaction histories, and send and receive bitcoin payments. Some of the key features of Sparrow Wallet include support for external hardware wallets, including Coldcard, Trezor, and Ledger devices, the ability to create and manage multi-signature wallets, and support for offline signing of transactions, which can help improve security. Sparrow Wallet designed to be compatible with the Bitcoin Improvement Proposal 174 (BIP 174) standard, which is a proposed standard for partially signed Bitcoin transactions. This helps users make it easier for to create and manage complex multi-party transactions, such as those used in trading or business operations.
Citadel is a modern, open-source bitcoin & lightning node implementation. Bitcoin nodes validate and relay transactions, store the blockchain, provide oversight to the miners, and synchronize with other nodes to ensure the network operates smoothly. Lightning nodes allow payment channels to be opened between users to allow instant settled micropayments throughout the network. Nodes are essential for the security and decentralized operation of the bitcoin network. With Citadel, we can build secure nodes and personal servers for your business, where you are in control of your data, not a big company.