This gives you an idea how to start understanding Bitcoin
Exact forecast of #Bitcoin for the next 5 years: https://bitcoinexactforecast.com via
@handsome_latino
Here is the link to the article:
"Lightning has already achieved a critical mass. It’s already obvious how a Cashu subnetwork and Fedimint subnetworks will communicate with each other: Lightning.
That’s how they were designed, so switching the common language between networks would require rebuilding most of their parts.
Like English, whatever language subnetworks use internally, Lightning is the language they use to speak to each other, and it’s already locked in." --Roy Sheinfeld
The Lightning Network (LN) is gradually becoming the shared protocol for the Bitcoin ecosystem's subnets and payment technologies.
Will this standardization expedite innovation and adoption within the Bitcoin network? Moreover, what does this imply regarding the future of Bitcoin infrastructure and its rivalry with conventional financial systems?
Here is the link to the article:
Lightning Is the Common Language of the Bitcoin Economy
DocStr
This project aims to create a decentralized alternative to Google Docs, utilizing Nostr and Lightning networks.
Currently, all documents are publicly accessible for collaboration, resembling an open-source Wikipedia with Lightning integration.
However, future plans involve introducing privacy options. The goal is to foster a diverse ecosystem of decentralized alternatives to dominant tech services.
Know your wallet like you built it.
Not everyone is a developer. Not everyone has to be.
WalletScrutiny helps everyday bitcoin users verify whether or not their wallet is truly open-source and secure. Enter your wallet's name to get started.
📡DYK: You can sync a full Bitcoin node offline & anonymously using data beamed down from @Blockstream satellites in space via radio signals. 📡
What is a Blockstream Satellite Node:
A Blockstream Satellite Node broadcasts Bitcoin blockchain data via satellite, enhancing the Bitcoin network's accessibility, resilience and privacy.
sats2data
https://sats2data.africa/buy-data
An innovative service enables the purchase of mobile data plans using Lightning payments, revolutionizing travel for individuals on-the-go.
With e-SIM technology eliminating the need for physical SIM cards, this seamless solution alleviates common payment hassles like credit card declines and cash-only transactions.
As the travel industry continues to grow, Lightning's potential to disrupt it further is vast.
You probably don't need a hardware wallet
Some counter-arguments against the overly present HW wallets in bitcoin.
https://allesvoorbitcoin.substack.com/p/you-probably-dont-need-a-hardware
Hardware wallets have long been the go-to method for secure Bitcoin storage, with the Trezor leading the way since its introduction in 2014-15.
However, this article raises a valid concern about software and firmware updates that may not be compatible with older hardware.
If these updates are only reliable for a few years at most, it calls into question the longevity of such wallets as a store of value for Bitcoin holders.
Bitcoin Knots is a full Bitcoin client and wallet software, built on top of the original Bitcoin Core codebase. It offers high levels of security, privacy, and stability by synchronizing with the entire Bitcoin blockchain . Unlike other lightweight clients that connect to an existing node, Bitcoin Knots acts as a full node itself, which means it downloads and stores a copy of the entire Bitcoin block chain .
Bitcoin Knots is an open-source project, meaning its source code is available for anyone to view, audit, and contribute to. It was developed by Luke Dashjr in 2021 with donations from companies like Wasabi Wallet and Bull Bitcoin . Since then, it has gained popularity among privacy-focused users who value the added security and transparency provided by running a full node.
One of the key features of Bitcoin Knots is its support for private transactions using technology called "coinjoin," which helps enhance user privacy by mixing their transaction outputs with others . Overall, Bitcoin Knots aims to provide a secure and private way to interact with the Bitcoin network while contributing to its decentralization and resilience. If you're interested in learning more about it, I recommend checking out the official GitHub repository or other resources like Bitcoin.org .
In the midst of intense debate surrounding block size limits from 2015 to 2016, the Bitcoin community found itself divided over how best to handle increasing transaction throughput.
Two major proposals emerged: Bitcoin Core's gradual increase (BIP 100) and Bitcoin Unlimited's immediate increase.
This contentious issue led to a significant schism within the community, with proponents on both sides passionately advocating for their respective solutions .
The exhilarating and anxiety-ridden period of 2015-2016, marked by fervent discussions and debates on block size limits, stands unparalleled in its intensity when compared to contemporary discourse.
Today's conversations, while still passionate, do not quite reach the same level of emotional investment and heated exchanges that characterized those tumultuous times .
As Bitcoin matures, it can be likened to cement hardening over time - becoming more rigid and resistant to change. This slow but steady transformation has led to a system that, while still evolving, becomes increasingly stable and less susceptible to rapid alterations .
Why does Bitcoin have value? https://m.primal.net/JmDm.mp4
Fed Chair Powell says an interest rate cut could come as soon as September, you see free money on its way
Just steal the currency of future generations, get another CC to pay the dept of other CCs the US owes. 🤡
California’s Department of Motor Vehicles has found a unique way to prevent fraud: simply upload 42 million car titles to the blockchain. The move allows more than 39M Californians to claim and access their vehicles through a mobile app in early 2025, a first for the U.S.
To better understand L2 on Bitcoin L1
Second layers and other projects on top of bitcoin
https://braiins.com/blog/second-layers-and-other-projects-on-top-of-bitcoin
World grapples with fallout from CrowdStrike outage
CrowdStrike blames bug for letting bad data slip through, leading to global tech outage
One company's significant impact on the internet stems from a lack of trust in the underlying technology.
Computers, despite appearing to be individual devices, often rely on numerous third-party plug-ins and dependencies, which can contribute to widespread disruptions like the recent global outages.
This is why Bitcoin node software does not automatically update; doing so would introduce systemic risks that could compromise the entire network's stability.
The University of Wyoming has established the UW Bitcoin Research Institute
Discover Verified Darknet Links of Dark Web Markets and Forums - Darkweblink.com
GM #plebchain, stay humble, stack bits/sats, and think for yourself.
RFK Jr. Says He'd Make the Government Buy $615 Billion in Bitcoin
If elected, Kennedy says he wants the United States’ Bitcoin reserves to match its gold reserves.
https://decrypt.co/241670/rfk-government-buy-615-billion-in-bitcoin
BITCOIN IS CASH FOR THE INTERNET
Bitcoin is more than a payment system like Paypal, it is digital cash, a system you cannot be shut out of when you need it most.
https://bitcoinmagazine.com/culture/bitcoin-is-cash-for-the-internet
Lightning Labs announces the release of Taproot Assets on Lightning, "bringing trillions of stablecoin volume to #Bitcoin" 🚀
Taproot Assets on Lightning: The Global Financial Interoperability Layer
https://lightning.engineering/posts/2024-07-23-taproot-assets-LN/