"Nostr is the simplest open protocol that is able to create a censorship-resistant global 'social' network once and for all."
— nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6
Congrats ! 🤙
Many in Bitcoin aren’t grant funded, and even more so in the broader open source world. The AI guys are the anomaly not the other way around and it’s pretty much all due to ethics
I’m personally building a FOSS tool that’s being sold by glassnode for 700$/m, there is in my opinion no ethical way to charge for it besides tech support
A lot of good stuff is coming for the next update of Satonomics !
It’s taking a little while but it’ll be worth the wait and the first major update
Gotta finish a few things, polish some other things but especially figure out what crashes safari ios this time ! It’s crazy how fragile it is
Fun fact even with the current version, every third reload will crash it, no exceptions !
‘About 99.5% of all the Bitcoin in circulation is held in 16.5 million UTXOs that have a value of 1m sats or more. Most of the other 169 million UTXOs will likely become economically unspendable in the future assuming they aren’t consolidated into larger ones relatively soon.’ - nostr:npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89
People please do some UTXO management and whilst doing that buy some sats.
Bitcoin’s Unspent Transaction Outputs (UTXOs) can be classified into different segments based on their age.
UTXO Management for Dummies:
If everyone pays you in quarters you’ll have to lug around a big heavy bag. It’ll also cost you more time to spend as you have to count quarters when paying. So ask for $20s or $100s as payment, or change your quarters into bills from time to time.
Now I can hear you say...wtf is a UTXO?
A UTXO stands for unspent transaction output. Don’t worry about those unnecessarily complicated words. Just use “UTXO” and understand the concept of what it is…
If you want to learn/study the topic: https://armantheparman.com/utxo/
Credit picture: nostr:npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89
Study, learn, hodl, decouple.
#bitcoin 🧡
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My savings account: Bitcoin
The tool I recommend for setting up a Bitcoin savings plan: @Relai 🇨🇭 🇨🇭 especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly. Hence a DCA, Dollar cost Average Strategy. Check out my tutorial post (Instagram) & video (YouTube) for more info.
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Felipe - BitcoinFriday
#zap 🧡 #nostr #BTC #Bitcoin #plebchain #grownostr #stacksats #bitcoineducation #adoption
Very interesting ! I'm gonna have to track too that on Satonomics.
If my data's right, there are currently 134.278M utxos between 1 sat to 0.1 BTC
https://app.satonomics.xyz/date-to-plankton-unspent-transaction-outputs-count
🚀 BR070 - Nunchuk, Bitcoin Core, Push Tx, COLDCARD, BDK, RGB, Kraken Hack, Fedimint DNSOutage, Spending Condition Verification + MORE ft. Schmidty, nostr:npub1mxrssnzg8y9zjr6a9g6xqwhxfa23xlvmftluakxqatsrp6ez9gjssu0htc & nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8
Listen to the episode:
➡️ Fountain: https://fountain.fm/show/ErU0F484HhsaEf8GGobb
➡️ Spotify: https://open.spotify.com/episode/1gLjftI9ApxaTwn6vCbcue?si=0q61ozYAShWUH_RL3Bypkw
➡️ YouTube: https://youtu.be/cgxBvWyLniw
Full shownotes:
➡️ Website: https://bitcoin.review/podcast/episode-70/
👇 NVK discusses with the guests the exciting potential of the new COLDCARD feature - Push Tx.
Sometimes I wonder how many people really listen to this show
Software updates are often a shitshow but other than that it’s a gem
Same and I really saw the difference between the before and the after, while building my own thing. The latter has been amazing !
Of course but then the incentives are different, *generally* the free part of the product degrades over time and the paid service gradually gets a greater and greater focus.
Though, I really like the idea of "releases only for paying customers and older versions free." but in some cases it might be tricky to implement / very easy to bypass. Damus has done it and I wonder how successful it has been.
The thread is great !
But.. like I said to another nostrich, it's important to note that on the other hand not charging makes the product accessible to so many more people that wouldn't have been able to afford it otherwise and who knows what they'll build, those things compound and could definitely have a snowball/butterfly effect.
As for quitting your job, it allows you to work so much faster, have a life and prevent burnout. So it's definitely a tradeoff and a personal choice !
On the other hand, *not* charging for it makes the product accessible to billions more people which could in their turn create value and this could have a snowball effect
I meant author of the software ! But to answer I write typescript and rust mainly
Hi y'all !
Long time lurker, first time poster, I am very pleased to finally annonce Satonomics (https://satonomics.xyz) ! 🎉
Which I've been building full-time since November 2023 and started looong before
In short: FOSS Glassnode (https://glassnode.com)
In long:
Satonomics is an open-source suite of tools that computes, distributes, and displays on-chain data, making it freely available for anyone to use.
While mempool.space gives a very micro view of the network this tool is the exact opposite and very complimentary by giving you a more global/macro view of the flow and various dynamics of the network.
It doesn't matter who you are and what you want to do with the data, I strongly believe and it is very important that anyone should have a full and free access, be able to verify and visualize any kind of data from the network. And so you'll find many many charts (and soon dashboards), or routes through an API (if you prefer it raw) to do anything; from doing a health-check, gain insight into the current or past state of the network or even trading, I don't care, do what you want !
I realize it's not as exciting as ecash and nostr/bitcoin tools but it is something that needed to be done. We can't have fiat-minded 700$/m closed tools like Glassnode being the go to.
Warning: very early and very alpha, things might break and the data might be false (and I'm 100% positive that some datasets are)
Anyway, enjoy and let's keep building ! 🔨
Author here, feel free to ask any questions !