Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
⭐🔊DeFi on Bitcoin
Here is my latest article on how Bitcoin will be the base of web3.0 long-term, I think it will also rule out all other chains in this regard. Feel free to share ☺️
nostr:naddr1qqxnzdejx56ngd3exs6ryvfkqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282h73dc
#bitcoin #decentralization #btc #web3.0 #web3 #defi #defionbitcoin #defionbtc #nostr #grownostr #plebchain #art #love #pleb
#zapathon #meme #memes #memestr
⭐ My little summary on how fiat money is created 🔊
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#money #moneyprinter #printergoesbrrr #moneycreation #bitcoin #nostr #soundmoney #grownostr #fed #ecb #moneymultiplier #fiat #zapathon
Hello and welcome! Take a look at how you can get started.
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Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
☀️ 🔊 The Bitcoin Protocol: A Foundation for Web 3.0
⭐ Bitcoin's Influence on Decentralization
Bitcoin, introduced in 2008, can be seen as a precursor to Web 3.0 due to its decentralized nature. The Bitcoin protocol introduced the world to blockchain technology, a decentralized ledger that records all transactions across a network of computers. This technology underpins Web 3.0's ethos by:
‣ Promoting Decentralization: Bitcoin's network operates without a central authority, showcasing how internet services could run on similar principles, reducing the power of centralized tech giants.
‣ Enhancing Security and Privacy: Through cryptographic means, Bitcoin ensures that transactions are secure and pseudonymus, a feature integral to Web 3.0's vision of user-controlled data.
⭐ Scalability and Functionality Challenges
However, Bitcoin's protocol wasn't designed on the base layer with the complex applications of Web 3.0 in mind. Its primary function as a digital currency means:
‣ Scalability Issues: Bitcoin's blockchain has limitations in transaction speed and volume, which might not suffice for a fully realized Web 3.0 environment where millions of micro-transactions could occur seamlessly.
‣ Limited Smart Contract Capabilities: Bitcoin's scripting language isn't as versatile as platforms like Ethereum, which are designed to support a broader range of decentralized applications.
⭐ Expanding Bitcoin's Role with Layer 2 Solutions
To bridge these gaps, developers are working on Layer 2 solutions like the Lightning Network for faster transactions, and projects like Stacks aim to bring smart contract functionality directly to Bitcoin. These innovations suggest that while Bitcoin might not be the sole backbone of Web 3.0 yet, it can significantly contribute to its infrastructure. In the long term, the question is whether we need more than one network, I mean, we don't have multiple Internets today. The market will probably decide in favor of the strongest and most secure network, and Bitcoin is by far that.
#bitcoin #decentralization #btc #web3.0 #web3 #defi #defionbitcoin #defionbtc #nostr #grownostr #plebchain #art #love #pleb
Hello and welcome! Take a look at how you can get started.
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Hello and welcome! Take a look at how you can get started.
nostr:naddr1qqxnzdejx5cnjv34xqurxvekqgsyd8a8qsmma049788pwhlq8nc84vrtrglmzt5vt2c6p59x9dktwcqrqsqqqa282t2983
web3 will be based on Bitcoin... sooner or later.
However, I think here are a lot of maxis and I count myself as a part time maxi as well... But I guess the community is in general open to people independent of what they like or prefer
Hello and welcome! Take a look at how you can get started.
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