Hey Jack! What are you thinking about Rollups on Bitcoin?
π¨ SCANDAL: TODAY, BITCOIN JOINED WITH SHITCOINS. And that's good for you. Here's why:
Have you seen what Citrea released today? A scalability few expected for Bitcoin... becoming compatible with Ethereum (EVM compatibility). HUH?
Well, now that I have your attention, I continue with less hype:
You may have heard that altcoins serve as a laboratory for Bitcoin.
And many people criticize Bitcoin saying it doesn't scale or that it's just a pet rock because it doesn't have smart contracts. These criticisms make some people look towards cryptos, but what they don't realize is that if something truly good appears on these other networks, Bitcoin can and will incorporate it. Enter Citrea.
Citrea brings a big novelty to Bitcoin, allowing it to make many more transactions and even become compatible with EVM, which is the basis for Ethereum's smart contracts. This shows that Bitcoin is not stuck in time, unlike what some declared enemies of Bitcoin keep saying as a FUD strategy.
Using a technique called zero-knowledge proofs, Citrea doesn't focus on hiding information, but on making the system scalable, confirming transactions without needing a lot of data.
What Citrea does is bundle several transactions outside of the Bitcoin blockchain and then only shows a tiny proof that everything is right, without clogging the timechain with details. This means you can do a lot more with Bitcoin, without losing the security we like.
With Citrea, Bitcoin begins to use smart contracts similar to those of Ethereum, without needing to change how Bitcoin works underneath. This opens the door for Bitcoin to do things that we previously only saw in other currencies, such as automatic exchanges and other decentralized financial functions. In other words, the "edge"/differential of shitcoins that declared themselves different is over.
Learn more at https://arata.se/wjylu
Good overview
I'm coming from twitter which is full of crypto contents however I've never saw such contents on #nostr on there.
This place amazes me and i want to get in more. I want to learn more about Bitcoin frΔ±om true Bitcoiners.
how many people are addicted to #bitcoin?
Hear out this;
"Jack Mallers no longer holds single Dollar in his portfolio!"
Do you think he is mad ? No.
Whatch the new Mailbag Monday episode; https://www.youtube.com/watch?v=BdZZ7780b-w
What is the current Bitcoin Layer 2 / rollup space looks like today? Do you think those are possible?
Are there any promising projects?
What is the utility you love to use on #bitcoin ? It seems many people are interesing about #payment systems.
I am trying to dig Lightining network those days and it's very cool at design.
#Lightining seems the best but is there any alternatives? Does lightining gives #privacy? Is there any way to earn something via running a lightining #node maybe?
Hey muhammed! Welcome to the fun π And welcome to #followme and my following list if you are interested in #Bitcoin, #Nostr, Bitcoin merch, and random jokes and fun in between. A few of the people I follow could care less about posting Bitcoin stuff so check those out too! The more people you follow the better π
This is a great source to get you started if you have questions about parts of the Nostr process. If you are not a fan, DONβT GIVE UP. At least try a different Client first.
https://nostr.how/en/what-is-nostr
And since you ARE here for the Bitcoin and everything related, check out our Bitcoin branch of our online store. π Support the movement!
https://www.etsy.com/shop/LocalCormerStore?ref=dashboard-header§ion_id=42964593
thank you! I'm just using primal rn but definetly gonna look around to find the best client
Hello Nostr! I'm a newbie here.
I wanna learn about Bitocin and it's amazing community. I realized twitter (x) is not the best place for that.
I'm open for all suggestions!
#introductions