Blockchain Research,
Simple & Clear.
Living research reports on Bitcoin, privacy coins and wallet security, each with cited sources and a dated revision history; explainers from beginner to developer; a glossary; and a 16-quest sandbox that runs the chains in your browser.
Latest report: Bitget Hack Explained: How $387.5M Was Stolen Without a Key · updated 29 September 2026
Latest research
Bitget Hack Explained: How $387.5M Was Stolen Without a Key
Bitget lost $387.5M on 24 Sep 2026 after forged withdrawal commands hit its wallet backend via a third-party zero-day. Timeline, laundering, attribution.
29 September 2026 Report · PrivacyZcash (ZEC) Rally Explained: Shielded Pool, NU7, ETF, Risks
ZEC rose from ~$50 to ~$1,480 in a year; 29% of supply is shielded. What drove the rally: Ironwood, the ZCSH ETF, the NU7 vote, and the EU 2027 ban risk.
18 September 2026 Report · BitcoinBIP-110 Fork: Why the Bitcoin Chain Split Failed (Live Status)
BIP-110 needed 55% miner signaling and got 2.53%; enforcing nodes split off at block 961,632 on 8 Aug 2026. Why it failed, risks and live chain status.
9 August 2026 Report · SecurityColdcard Hack Explained: Entropy Flaw, Affected Models, Losses
A firmware 4.0.1 build flag cut Coldcard seed entropy to ~40 bits; at least 1,719 BTC (~$111M) was swept in Aug 2026. Models, losses and what to do.
8 August 2026Start simple, go as deep as you like
Every article is written to be understood on first read. Pick your level.
Start here
No background needed.
- How a Bitcoin Transaction Works, Step by Step
- Wallets, Keys and Seed Phrases: What You Actually Own
- What is Blockchain? A Beginner's Guide
Go deeper
How the pieces fit together.
- Proof of Work vs Proof of Stake, Without the Tribalism
- Layer 2 Explained: Lightning, Rollups and What “Scaling” Really Means
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What the code actually does.
- gno.land Validator Guide: Horcrux 2-of-3 Threshold Signing and a Sentry
- How to Read a Block Explorer Like a Developer
- Smart Contracts Under the Hood: How the EVM Runs Your Code
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@dryup_bot · FreeWhat is blockchain?
Blockchain is a distributed database that records transactions in cryptographically linked blocks. Thousands of nodes keep identical copies, making the data practically impossible to alter without the network detecting it.
How does Santala Research generate its market analysis?
An automated bot collects market data from CoinGecko every 6 hours and uses Google Gemini AI to write the analysis. It is automated, educational, and not financial advice.
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Santala Research is an independent educational project that researches blockchain protocols by reading whitepapers, analyzing on-chain code and market data, and translating them into clear language. Market data sources are CoinGecko and Alternative.me. How we work →