Bitcoin's 777,777th Block.

The 777,777th block of the Bitcoin blockchain was mined on January 14th, 2021. This block contained 1,187 transactions and had a block size of 1.25 MB. It also marked a significant milestone for the Bitcoin network as it represented the successful completion of the 3rd Bitcoin halving event, which occurred on May 11th, 2020.

Bitcoin halving is an event that occurs approximately every four years when the reward given to Bitcoin miners for solving a block is reduced by half. This event is built into the Bitcoin protocol and is designed to limit the supply of Bitcoin to a maximum of 21 million coins, ensuring that the digital currency retains its value.

The 777,777th block also contained a special message in its coinbase transaction, which is the transaction that generates new Bitcoin and rewards it to the miner who successfully solved the block. This message read "NYTimes 10/Mar/21 House Gives Final Approval to Biden’s $1.9T Pandemic Relief Bill."

This message was a reference to the famous message included in the first block of the Bitcoin blockchain, which read "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." The inclusion of this message in the 777,777th block was a nod to the fact that Bitcoin has come a long way since its inception and has become a significant player in the global financial system.

Overall, the 777,777th block was a significant milestone for the Bitcoin network, marking the completion of a major event and highlighting the continued growth and adoption of the world's most popular cryptocurrency.

zapped 500!

got some coffee. ready to work!!!... why most people like coffee more than tea ?

because is stole the meme from someone else and posted it on twitter haha

#stealmemeschain

lol stolen meme has been stolen many times today hahaha

To spend or trade Bitcoin in a store or exchange for money or goods, a person would need to provide the recipient with the necessary information to access their unspent transaction outputs (UTXOs).

The most common way to do this is to provide the recipient with the Bitcoin address associated with the UTXOs. This address can be shared either as a string of alphanumeric characters or as a QR code that can be scanned using a smartphone or other device.

The recipient will then be able to verify the funds by checking the blockchain for the associated transaction ID (Txid) and confirming that the UTXOs associated with that address have not already been spent.

In some cases, the recipient may also ask for additional information, such as proof of ownership of the private key associated with the address, to ensure that the person attempting to spend or trade the Bitcoin is the rightful owner of the funds. However, this is typically not required for most everyday transactions.

I know many are so excited that a new Bitcoin thesis has been published

Why does Bitcoin need a thesis?? Is it hard to understand??

Buy and Hold

Pretty simple

Making it more and more complicated Is unnecessary

You’ll turn more away if you complicate Bitcoin

#nostr makes bitcoin simple

Buy simple

Hold simple

Why? Coz $ goes to infinity, simple

How? 21m only

Self custody? Hold my water

There’s my thesis

Inscriptors aren't necessarily shitcoins. But they do make silly financial decisions, so probably a lot of overlap.

Attempts to build apps "on top of" Nostr or that "use Nostr" are wrong, harmful and abusive, and will necessarily fail.

Nostr wants open protocols to be built on it, not proprietary shit that is trying to use relays as their private free databases. This behavior should not be encouraged.

Bits aren’t a real thing rn

Send me your best 🟣#Nostrich 𓅦 pics. It’s for research purposes.

Send me your best 🟣#Nostrich 𓅦 pics. It’s for research purposes.

Send me your best 🟣#Nostrich 𓅦 pics. It’s for research purposes.

I fucked up.

No time to explain.

But there is couscous everywhere.

I mean fucking everywhere.

Well, I've got someon'e sats... sorry they aren't bitcoin..

If I understood correctly, on the lightning network 1/1000th of a sat is already the smallest denomination. And by the time the party occures I don't think the main chain is used other than for lightning.

Also, it is technically not that difficult to break sats up into a thousand or more parts.

Now... let's debate on the name of a 1/1000th sat. I say a Nakamoto. Makes sense huh? 😄

1948

- average income of $3,200 per year

- a house $11,900

- a movie ticket $0,40

2023

- average income in $32,000 per year

- a house $420,000

- a movie ticket $10

Back then you worked 4 years to buy a house, now almost 13 years.