On May 22, 2010, now known as Bitcoin Pizza Day, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas. Organized on bitcointalk forum, the Florida man reached out for help
Good morning and pura vida, Nostr! It's time to stack notes and send zaps! 🫂💜🤙🏻
Today is #Bitcoin Pizza Day. Go out and buy some pizza, bonus points if you can pay with Bitcoin. 🍕
Happy pizza day to you all
#bitcoin #sats
People could understand when it hitted 65k we sell when it drop to 28k we buy 2× more
Then it reached again 65k again we sell and when it dropped to 27k whe buy more again
That the bitcoiners moves
That is how we take advantage of price fluctuation of #btc
This is AIs greatest accomplishment
HOW TO GENERATE PAPER WALLET
step 1: go to https://t.co/9llFUHcWgN and choose generate. You don't need to choose paper wallet unless you want to, but screenshot an address(public) and pivate key (secret) like this one:
screen shot the top and print out as many copies as you feel safe with, i printed 10 because im ocd
then delete the screenshot off your computer. you can use you SHARE key when you want to recieve money but never let ANYONE see that private key. find something to store it in that is fireproof / waterproof / and also decentralize. make multiple wallets. I have one that is across the country inside of a book i gave to my dad. safe no matter what happens.
never store the private keys on a computer unless you think it can't get hacked which it can
I have no idea where you got this incredibly incorrect information from. I am assuming nowhere reliable because the lack of any educated points based in fact really shows.
The LN is most definitely a 2nd layer protocol built on top of the BTC blockchain (This is like intro to blockchain 101 stuff dude).
A sidechain operates on a completely separate blockchain, the LN doesn't. The LN creates off-chain payment channels that allow you to transact without broadcasting transactions to the BTC blockchain, until the channel is mutually closed & is then recorded on the Bitcoin blockchain after this.
The LN relies on BTC's blockchain security, consensus mechanism & HTLCs to secure/manage funds in channels. When channels close, balances settle on the BTC blockchain.
The shared ownership argument is weak, but the good news is that there is no need to dispute in court, because the blockchain has an amazing security feature designed just for this - it is called the "commitment transaction mechanism" - which makes sure that the latest valid commitment transaction is the one with the most recent balance state.
If there was ever a dispute between 2 people, both people would submit their latest commitment transactions & the blockchain would enforce the most up-to-date state. This security feature is designed to prevent attempts of fraud by people trying to broadcast an outdated transaction with a different/untrue balance.
Also, and most importantly, HTLCs make sure that funds can only ever be spent if both the sender & the receiver in the channel agree on the transaction & these funds cannot be spent outside the channel.
So, you are wildly incorrect - coins are not "owned" by the channel itself, they are under the control of the people who jointly manage the channel and make agreement on any payments made, which is later enforced by the underlying Bitcoin blockchain technology and is protected by the blockchain's security and privacy features. Impressive right? Bitcoin is rad.
(I have also left a fun visual explanation of how Bitcoin and its Lightning Network functions for you - just in case all of the above info went over your head)
Thank you for coming to my Blockchain for dummies Masterclass - that will be 500K Sats. Please send payment to baileyjakob@walletofsatoshi.com
Happy Saturday ! WEEKEND !!!!
GM and PV nostriches !!!
Have a fabulous day !
🚀 🌞 🐸 🤙 💜 🫂 ⚡
@media
#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork⚡️ #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi
Reedeem first come first saved
Even nostr contain scammers??? Ididnt know
adminofbitcoinbeach@pay.bbw.sv
Today i recruited a new bitcoiner her name is janeth please show her some bitcoiners welcoming
Its will look nice in the cover image
Nostrl is a war zone and iam your enemy
Zap is the gun and #sats are bullet
Hit meee as many bullets as you can
Dont have mercy to your enemy
⚡⚡⚡💜💛🧡
