brb, making an angostura and soda...
Not sure I've ever been close to "normal", but I have rather humble goals in life.
I really like a paper plane, but I tend to swap out the lemon juice for a few dashes of ango to make it a bit more to my taste.
Amaro NoniΓ±o is an incredible liqueur. I won't lie, I really enjoy it on the rocks, outdoors on a warm summer night.
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Everywhere else, we say it's raining "cats and dogs". In Florida, it's raining iguanas...
π nostr:note14xuv6dnp0hkfml7u27drx5udtm2vzvq3qlmmn6ek3wdfnxnpqxxsyv9f4r
Please do! Always a fan of clean minimalism that clearly portrays concepts that may otherwise seem more complex. The orange accent color is an added touch, though I may be biased...
Itβs #DecodingBitcoin time! Letβs go over the basic elements of a transaction.
Alice wants to send 5 BTC to Bob. She needs to create a bitcoin transaction using the unspent outputs (UTXOs) in her wallet.
UTXOs are unspent transaction outputs. They can be used as inputs for new transactions.
Think of them as "coins" in a wallet, waiting to be spent.
Alice checks her wallet and finds two UTXOs:
To create a transaction, Alice has to specify exactly which UTXOs to spend.
A UTXO is identified by the transaction it came from, specifically
- the transaction ID and
- an index that says where the UTXO is in the list of transaction outputs
Wallets usually store this information for you but you can also look it up on the blockchain.
Alice's wallet shows these available UTXOs:
- UTXO #1: 4 BTC (from Transaction 1, Output Index 1)
- UTXO #2: 2 BTC (from Transaction 2, Output Index 0)
Together, they provide enough funds (4 BTC + 2 BTC = 6 BTC) for the payment and any transaction fees.
Now Alice has everything she needs to identify her UTXOs. As she adds them to the transaction, she saves space for the signatures she will make later. These signatures authorize the spending of the UTXOs.
Now that the transaction inputs have been taken care of, itβs time to look at the outputs!
Alice needs to create two outputs:
- 5 BTC to Bob (the payment amount)
- 0.99 BTC back to Alice as change (there is a 0.01 BTC transaction fee)
Why do we have to make a separate output for change?
UTXOs must be spent in their entirety. You cannot partially spend a UTXO. Instead, you create a new output that sends the excess amount back to yourself as change.
Looks good! The transaction structure is now complete, but itβs not yet valid. Alice must sign it to prove she owns the inputs. Weβll cover that in a future lesson π
Follow us nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqs8sccnw8c4ns0xjen9mgdgks25d46k2kcssk60uxs635zmngxh5ns3quvtq to stay updated!
This material is from Decoding Bitcoin, your go-to resource for understanding #bitcoin, privacy, and decentralization.
If you enjoyed it, visit https://bitcoindevs.xyz/decoding for the full lesson, and more free, interactive content.
Thanks for reading!
These graphics are absolutely gorgeous!
It's funny how low 105k feels when we were at 89k 11 days ago...
God of Zaps. I can't "unwear" it and it's been stuck on me for almost a year. XD
Even if you mute me, you can never take back my badge! π
I don't even know what "that" is referencing...
I suppose I'm better for it?
There's a distinct lack of shitcoining in my feed. I do my best to keep it that way.
GM!
She's the kind of person who should (and does) write books. If you want to know the finer details of how fucked things have become and how they got that way, you'll happily read a book on it. But it isn't the sort of content that a normal person can or should spend their life dwelling on.
I respect her and her work, but I choose to look at the brighter side of things.
"...I feel this is something many Bitcoiners relate toβ¦ Weβve crossed the Bitcoin bridge to a better world. While it can be depressing to see so many still toiling away on the other side, we hope that eventually we can help all of humanity will discover it as we have."
https://lookingglasseducation.com/maslows-apex-bitcoins-liberation-of-the-human-spirit/
Yet another paycheck converted to sats below $0.11M. #Blessed
How's your day going?
The random issues we contend with are just the price of being early to this wonderful protocol.
Me: I think I forgot to stack sats!
My bank account ( nostr:nprofile1qqsvn0dkjt80raqrxd470c98n7zrdehmcvj6p5hgw3kyku6zyd8z0fqpzdmhxue69uhhwmm59e6hg7r09ehkuef0007a2q ): Don't worry, I already automatically converted 100% of your most recent paycheck to sats.
My brain:
Running into an issue with nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg 2.0.36 where notifications aren't getting marked as read and just continue to stack up, as well as being out of chronological order. The same thing happens with messages, and marking them as read doesn't stick long-term.
Downgrading to 2.0.34 mostly resolved these issues, but uninstalling and reinstalling 2.0.36 left me with the same issues.
fwiw:
- Android 14
- Installing from nostr:npub10r8xl2njyepcw2zwv3a6dyufj4e4ajx86hz6v4ehu4gnpupxxp7stjt2p8, though installing from Play Store gives me the same issues.
So he just needs to surround himself with autistic maxis? π
He surrounds himself with the people who pay to be around him. Hardly surprising.
I think you might be missing the fact that Trump likely doesn't see the difference between Bitcoin and crypto.
He went to a "Bitcoin" conference full of shitcoiners, and told them he'd create an SBR.
He likely conflates the two, and the crypto-friendly industry leaders that are working closely with him have no incentive or care to change that.
I agree with you for the most part.
A more impactful first "crypto" EO would have frozen the seized Bitcoin and other digital assets they currently have to protect them from sale, and to designate these assets as the "SDAS".
He could then have signed another EO for the working group who would plan the future for the "Stockpile" and work towards any future acquisitions.
I'm always out of fiat, but fresh dry powder falls every two weeks. π
The fact that we didn't get an instant pump is further proof of information assymetry and a gift to the the humble stackers.
We are still early. So many are too distracted by crypto to see the greater game at play.
*Trump signs executive order*
Bitcoiners: "Bit-signal!"
Reality: 
He was so ahead of his time...
Do we get free ponies if we verify with #shoeonhead?
If you hate AI images, feel free to mute me. This is nostr. π
Looks like my tags didn't apply... π’
#coffeechain #Olas365
Every nsec is legitimate, but in this case it's a bot that reposts Trump's Truth Social posts here.
Visible to me on both Primal and Amethyst.
GM Lyn!
I wish my trash guy had been late last week!