Happy #Bitcoin whitepaper birthday! π§‘
ππ§‘
Looks like the following is needed for money to be halal:
1. No Riba (Interest)
2. Intrinsic Value
3. No Fraud (Gharar)
4. Decentralization
5. Physical Backing is Not Always Necessary
6. Medium of Exchange
So yes, it should be super halal
GN β¨π§‘
"If you and me disappear, the planet will flourish"
I mean... speaking to that crowd... he has a point
Bring back the guillotines
https://cdn.satellite.earth/fa9fee3fe49739585d77437c9daa3dd742797464f08816df48a0846d250c1fbf.mp4
π―nostr:note1x4327kqgcppa63w49mcpvhfkzx4khl48gkh4mkm4kumnyqhehanqjaafns
"If you and me disappear, the planet will flourish"
I mean... speaking to that crowd... he has a point
Bring back the guillotines
https://cdn.satellite.earth/fa9fee3fe49739585d77437c9daa3dd742797464f08816df48a0846d250c1fbf.mp4
nostr:note1x4327kqgcppa63w49mcpvhfkzx4khl48gkh4mkm4kumnyqhehanqjaafns π―
A βpaper computerβ for Bitcoin checksums and Shamir Secret Sharing may seem absurd, but thatβs what weβre talking about in this episode! This project is a scheme to generate, encode, checksum, split and recover Bitcoin secret keys, using pencil, paper and lookup tables (alternately, volvelles). We discuss codex32 and the motivation behind it with Andrew Poelstra (Director of Research, Blockstream). Note this is the first of a two part episode. In this first part we discuss:
Bitcoin private keys today
Multi signature and Shamir Secret Sharing contrasted
Where to keep shards or keys
Error correction
Risks with Hardware wallets (even though you should still use them)
BIP39 vs codex32
Limitations of the paper computer (Volvelles)https://m.primal.net/HJzS.webp