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Web3 building | #BTC Your go-to hub for the latest in IT tech and electronics news. Stay informed with cutting-edge trends and breaking insights.

⚡️ Whale addresses (100-1,000 $BTC), return to accumulation mode after monthly sales

20,007 BTC has been accumulated in the last 2 days.

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

Bitcoin is very similar to the pattern seen in the 2018-19 bear market

BTC’s current decline and recovery cycles are very similar in length and trajectory to the patterns seen in the 2018-19 bear market.

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

Imagine: A picture of a person holding a stack of cash with a worried expression on their face, while another person next to them holds a single Bitcoin and smiles confidently.

"When you're holding fiat currency and your friend tells you to invest in Bitcoin."

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

💵 What is RWA?

Real World Assets are real world assets that have been tokenized and flooded into the crypto market.

The most popular example that you are definitely familiar with is tokenized dollars, which are also called stablecoins.

In fact, stablecoins are not only USDT, USDC and similar tokens, but also any other tokens pegged to the price of some asset. For example, PAX Gold (PAXG) and Tether Gold (XAUT) are also stablecoins, but they are pegged not to the dollar, but to gold.

Messari, Binance Research, Boston Consulting Group and other top analytics firms believe that RWA will be the next powerful trend that will attract huge amounts of liquidity to the crypto.

🗂 Here are some popular protocols from different fields that are actively developing this topic:

● RealT tokenize and sell real estate in the US

● MakerDAO plans to invest in real assets to diversify DAI collateral

● Swarm Markets tokenizes traditional financial assets through Polygon such as TSLA, AAPL and US Treasury bills

● Centrifuge allows companies to mint NFTs representing real world assets. These NFTs can then be used as collateral for a loan.

● GoldFinch provides USDC loans to companies in emerging markets including Africa, Southeast Asia and Latin America

❓ What are the benefits?

For the DeFi industry, this is an influx of new liquidity into the crypto market and a more reliable supply of tokens.

And for traditional finance, this means savings (blockchain infrastructure is cheaper than traditional), low entry threshold (especially for developing countries), transparency and reliability of the blockchain.

The Boston Consulting Group estimates that the crypto market capitalization will reach $16 trillion thanks to tokenized assets from the real world. And this will become a catalyst for the mass adoption of crypto.

#nostr #nostrich #nostriches #nostrichs #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain

🪙Michael Saylor of MicroStrategy integrated his email with Bitcoin Lightning

🌐MicroStrategy has implemented the ability to send Bitcoins via email using the Lightning Network.

💵After Sailor's Twitter post, people started sending him small amounts of 21 sat for fun.

This integration works thanks to the Lightning Address protocol, which allows users to associate an "internet identifier" such as an email address instead of copying wallet addresses or QR codes.

💬Integrating payment systems and modernizing business models based on Bitcoin and Lightning is a great way to reduce dependence on big technologies, banks and advertising. Lightning is an open, ethical, scalable way to move funds around the world,” wrote Michael Saylor.

💰MicroStrategy has already spent $4.17 billion to accumulate 140,000 BTC since March 2021.

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

3 services for calculating SCAM tokens [save so as not to lose!] 👎

When participating in airdrops, sweepstakes and testnets, it is worth understanding that even here you can be deceived.

You will not be deceived by the creators of the projects themselves (unless, of course, you subscribe to everything in a row), but most likely by scammers who, under the guise of your winnings, will throw scam tokens into the wallet under the guise of your winnings. If you try to sell, you will lose money. It will not hurt to check the token before participating in the sale, because no one wants to invest money directly into the pockets of scammers 😁

🔎 Therefore, we extract the token contract and check:

〰️ Token Sniffer

https://tokensniffer.com/

Conducts a short audit of the token and gives the result almost instantly, evaluating the security from 0 to 100.

〰️ BSC Check

http://www.bscheck.eu/

Looks at the basic information about the token (on BNB Chain, Ethereum, Polygon) — top holders, token owner, developer wallets, liquidity providers. Highlights possible problems in yellow/red/orange + immediately shows the risk scale.

〰️ Honeypot.is

https://www.honeypot.is/

For a superficial assessment of honeypot scams on BNB Chain or Ethereum. This is when you can buy, but you can't sell. The service simulates the purchase of a token and lets you know if the sale failed.

❗️ Remember that even checking the contract through these services, unfortunately, does not give a 100% guarantee of security.

But if the token of any project made you think about its reliability, then answer yourself the question - is it worth interacting with it at all? 😏

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

📈🥇 Bitcoin network continues its impressive streak with yet another all-time high in difficulty levels.

This marks the 5th consecutive increase, a feat not seen since February 2022.

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

🥇 Bitcoin is engineered to become the world reserve currency.

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

The decentralized Bitcoin network now has a brand-new use case. Digital art collectors can now store their NFTs directly in BTC blocks.

NFTs on blockchain: initial attempts

The designers of the Counterparty and Stacks protocols attempted to upload images and videos to the bitcoin blockchain a few years ago. The developers combined the functionality of tokens, smart contracts, and even the BTC blockchain in them.

Collectible cards for the video game Spells of Genesis (2015) and pictures of the well-known frog Rare Pepes (2016) are examples of early NFT projects. At the time, some members of the crypto community did not support it and actively discouraged such activities on the BTC blockchain.

The developers of Ethereum, who were seeking additional justifications for their progeny (all three projects entered the market almost simultaneously), are thought to have supported the skepticism of cryptocurrency enthusiasts regarding Counterparty and Stacks.

It is called a free ride. Given that the overwhelming majority — >90% — application for the bitcoin blockchain is currency use, using full nodes as dumb data storage terminals is simply abusing an all-volunteer network resource

stated Jeff Garzik, a well-known blockchain developer and bitcoin enthusiast.

Ordinals are non-fungible tokens on Bitcoin

Casey Rodarmor is a former Bitcoin Core contributor who designed Ordinals. He came up with a way to include videos and images to a satoshi (the smallest unit of a bitcoin or 1/100,000,000 BTC). Ordinals, in contrast to Counterparty and Stacks, enables NFTs to be directly stored on the blockchain as opposed to linking to an image on a third-party website. These features are only available in a small number of NFTs running on Ethereum. The majority of them lead to external web resources. Another distinction is that on Ethereum, each NFT has its own token, whereas Ordinals are linked to individual satoshis.

By the way, BTC could only store up to 40 bytes of data during the Counterparty and Stacks era. This number has now increased to 4 MB as a result of several upgrades.

Eric Wall, a former blockchain and cryptocurrency consultant at Nasdaq, claims that storing JPEG NFTs in BTC is seven times less expensive than in Ethereum.

How do ordinary users use Ordinals?

The release of Ordinals received just as much criticism from the crypto community as the reviews about Counterparty and Stacks. Many people are extremely concerned that adding NFTs to the Bitcoin blockchain will raise transaction fees. At the beginning of February, one of the independent developers reported about "the largest transaction in Bitcoin’s history". He used Ordinals to record a 3.94MB image of a bald, bearded wizard in sunglasses. The average bitcoin block size is between 1 and 1.4 MB, and a transaction with bitcoin only costs a few cents. However, Ordinals can cost tens of dollars.

Even Bloomberg has already stated that the BTC network's fees have increased to their highest level in a year as a result of the minting of numerous NFT Ordinals. The speed of transactions also slowed down.

It's strange that some members of the crypto community have viewed the ongoing events as an attempt to split crypto enthusiasts by their racial identities.

Marginalized peoples in developing countries will have to pay more to run their Bitcoin nodes and send transactions because privileged wealthy whites want to put JPEG drawings on the blockchain as status symbols. Just because you can doesn’t mean you should

reads the tweet of the Bitcoin is Saving account.

Since the launch of Ordinals, users have already moved Ether Rocks, one of Ethereum's oldest NFT projects, to Bitcoin. Some enthusiasts even replicated one of Trump's NFT collection images. The Dogecoin meme, the Nyan Cat meme, the AI bitcoin watch, and even a functional NFT version of the game DOOM can all be found on the NFT Ordinals.

Not without scandal. An unidentified user couldn't resist the urge to perpetuate Internet porn classics. For at least 30 minutes, the main page of Ordinals featured a picture with goatse (also known as goat sex), which was recorded in the blockchain. This problem has not yet been addressed by Casey Rodarmor. Given the nature of the protocol, there's no guarantee that the Ordinals won't be flooded with savory NFTs.

#NFT

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

✨ Satoshi Nakamoto on the promise of Bitcoin exactly 14 years ago

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

Bitcoin made it's first EVER 'Death Cross' on the weekly chart.

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

📊 Bitcoin vs Gold Supply curve

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

🥇 Bitcoin price history

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

💰 Bitcoin is back in the Top 10 of all assets (10), and with Ethereum recent rise, it is currently 44.

#bitcoin #btc #nostr #nostrich #nostriches #nostrichs #lightning #lightningnetwork #zap #zaps #zapper #zappers #zapping #zapped #zapathon #zapraiser #zaplife #amethyst #plebs #pleb #plebchain #coffee #coffeechain #skullofsatoshi

🤡 Hacker who stole 51,680 BTC from Silk Road in 2012 gets only 1 year in prison

According to Williams, Zhong stole BTC in 2012 and managed to hide his crime for about 10 years before he was charged.

U.S. authorities confiscated bitcoin assets at Zhong's home in Georgia in November 2021, after finding most of the bitcoin in a floor safe and a computer hidden in a popcorn tin. At the time, the coins were worth an estimated $3.4 billion.

#zap #blebchain #coffeechain #nostr #BTC

https://i.imgur.com/PZR4GqA.mp4

Elon Musk: "Various government agencies effectively had full access to everything that was going on Twitter," including to the users' direct messages.

#plebchain #coffeechain #nostr #twitter #Musk

Blockchain is about more than just cryptocurrencies 📔

Secure storage and transmission of data is a headache of our time. Thick stacks of papers are all too easy to destroy or tamper with, and services for working with large databases can fail at any time and permanently delete information.

➡️ The pill that helps relieve that pain is blockchain technology. A couple of scientists described its first principles back in 1991. To check originality, they suggested encrypting documents cryptographically, turning them into a chain of blocks, and adding time stamps to each block.

➡️ So why, after so many years, did everyone suddenly remember and start implementing blockchain? There are several reasons for this:

➖ Security and invulnerability. Due to decentralization (more details in the next post), it is impossible to fake or change data in the blockchain.

➖ No intermediaries. All transactions (data transfers) are peer-to-peer, i.e. from one user to another.

➖ Instancy and availability. Transfers online happen in seconds and can be sent anywhere in the world.

💭 Blockchain has made alternatives to traditional payment systems, online data storage and even the most transparent and fair elections possible. The technology is considered revolutionary for a reason.

#Crypto #plebchain #coffeechain #nostr #blockchain

📣 Scheduled Economic Releases for Week of April 17, 2023

#plebchain #coffeechain #nostr #crypto