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Part 9 of 10

Conclusion

In this article, we explored Bitcoin and the Lightning Network on NOSTR. We learned that Bitcoin is a decentralized cryptocurrency that was created by Satoshi Nakamoto in 2009. The network uses blockchain technology to record transactions between two parties without a central authority or third party involved.

We also learned about some of the benefits of using cryptocurrencies like Bitcoin, including: (see Part 10 of 10)
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Kali2Zona 2y ago

Part 10 of 10

Security - Because it's decentralized and not controlled by any government or bank, there's no risk of fraud or identity theft when you make purchases with your cryptocurrency wallet (or "NOSTR").

Privacy - Your name isn't linked to your account number when making payments online with NOSTR; only an encrypted version of each transaction is recorded on an open ledger called "blockchain." This means no one can see how much money you have in your account unless they know both its public key (which acts as an address) and private key (which allows access).

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