Coringa Nakamoto's avatar
Coringa Nakamoto
coringanakamoto@primal.net
npub183aw...qvuq
Amante da liberdade, Bitcoin e artista digital. Buscando um lugar ao sol.
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CoringaNakamoto 5 months ago
Good morning, Community. Today, continuing with the challenge towards 100k zaps, I'm working on the second digital art piece. Today's piece honors the creator of Bitcoin, the genius Satoshi Nakamoto. The challenge's accounting is as follows: Goal: 100k Collected so far: 120 zaps Remaining balance: 99,880 zaps Days left to complete the challenge: 29 We remain confident and full of faith. I'm grateful to everyone who has contributed, and may God repay you twofold! image
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CoringaNakamoto 5 months ago
Your article on art is very interesting. Congratulations! I'm participating in a 30-day challenge with the goal of raising 100k zaps. The objective is to use those funds to help other digital artists with their projects and art. Please check out the art I post every day, and if you can contribute to the project with any amount of zaps, it would be a huge help to this project and challenge. Thank you so much.
Coringa Nakamoto's avatar
CoringaNakamoto 5 months ago
Your article on art is very interesting. Congratulations! I'm participating in a 30-day challenge with the goal of raising 100k zaps. The objective is to use those funds to help other digital artists with their projects and art. Please check out the art I post every day, and if you can contribute to the project with any amount of zaps, it would be a huge help to this project and challenge. Thank you so much.
Coringa Nakamoto's avatar
CoringaNakamoto 5 months ago
Your article on art is very interesting. Congratulations! I'm participating in a 30-day challenge with the goal of raising 100k zaps. The objective is to use those funds to help other digital artists with their projects and art. Please check out the art I post every day, and if you can contribute to the project with any amount of zaps, it would be a huge help to this project and challenge. Thank you so much.
Coringa Nakamoto's avatar
CoringaNakamoto 5 months ago
Your article on art is very interesting. Congratulations! I'm participating in a 30-day challenge with the goal of raising 100k zaps. The objective is to use those funds to help other digital artists with their projects and art. Please check out the art I post every day, and if you can contribute to the project with any amount of zaps, it would be a huge help to this project and challenge. Thank you so much.
Coringa Nakamoto's avatar
CoringaNakamoto 5 months ago
Your article on art is very interesting. Congratulations! I'm participating in a 30-day challenge with the goal of raising 100k zaps. The objective is to use those funds to help other digital artists with their projects and art. Please check out the art I post every day, and if you can contribute to the project with any amount of zaps, it would be a huge help to this project and challenge. Thank you so much.
Coringa Nakamoto's avatar
CoringaNakamoto 5 months ago
oday I'm starting a new 30-day challenge, aiming to reach 100k zaps with my created images – actually, a collection of images. Well, let's see if on day 1 I can get some zaps with it and try to win this challenge with my digital art, and in doing so, help other artists with their digital creations. And the first piece of art I've created is a depiction of the first Bitcoin block along with its genesis document. This marks our beginning with an event that made history and revolutionized decentralized finance. I trust the community will help me win this challenge with my art image
Coringa Nakamoto's avatar
CoringaNakamoto 5 months ago
oday I'm starting a new 30-day challenge, aiming to reach 100k zaps with my created images – actually, a collection of images. Well, let's see if on day 1 I can get some zaps with it and try to win this challenge with my digital art, and in doing so, help other artists with their digital creations. And the first piece of art I've created is a depiction of the first Bitcoin block along with its genesis document. This marks our beginning with an event that made history and revolutionized decentralized finance. I trust the community will help me win this challenge with my art. image
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CoringaNakamoto 5 months ago
PokéSats: Battle for the Satoshi "PokéSats" is a digital, turn-based, multiplayer strategy game where players duel using Pokémon cards. The game's economy is entirely based on Bitcoin, using its smallest unit, the Satoshi (Sat). 1. The Basics: Cards, Energy, and Battle The gameplay builds upon the fundamental rules of the Pokémon Trading Card Game (TCG): Decks and Cards: Each player builds a 60-card deck, which includes Pokémon, Energy, Trainer, and Tool cards. Each Pokémon has HP (Hit Points) and attacks that deal damage. Setup: Each player draws seven cards and chooses one Pokémon as their "active" and up to five as their "benched" Pokémon. Turns: Players take turns attaching Energy cards, evolving their Pokémon, playing Trainer cards, and attacking. 2. The Game Economy: Satoshi (Sats) The integration of Bitcoin is what makes "PokéSats" unique. Entry Fee: To start a match, both players stake an amount of sats into a smart contract-like wallet within the game. This amount forms the battle's "pot." For example, 100 sats from each player, making the total pot 200 sats. Damage Calculation: The winner of the battle takes the larger share of the pot, with damage being the key calculation factor. The total damage a winning Pokémon deals in a round is converted into sats, which are added to the reward. Victory: The winner of the battle receives the entire sat pot. For example, if the pot was 200 sats, the winner receives that amount. Loss: The loser receives no sats but may have the option to buy another chance at a lower cost or train their Pokémon. Reward: In addition to the pot, the winner receives an additional amount of sats based on the total damage they dealt to their opponent's Pokémon. If your Pokémon dealt 120 damage, for example, you get 120 sats added to your in-game wallet. 3. The Gym: Marketplace and Evolution The Gym in "PokéSats" is not a place for battle, but a digital marketplace and training center. Card Market: Players can use their sats to buy new card packs. These packs contain random cards of varying rarities (Common, Uncommon, Rare, etc.). Rarer cards have higher stats and deal more damage. "Poké Shop": In this shop, you can buy: Individual Cards: To complete your deck with a specific Pokémon. Tools: Items that improve a Pokémon's performance, such as an "Energy Booster" or "Heal Potion." Pokécoins: A secondary in-game currency that can be used to buy cosmetic items, like avatars or deck designs. Training Center: Players can spend sats to train their Pokémon and improve their abilities, such as increasing HP or attack power. 4. The Technology Behind the Battle For "PokéSats" to work securely, it would require a specific technology: Bitcoin Transactions: The economy would be built on the Bitcoin Lightning Network. This second-layer payment system enables instant, extremely low-fee transactions, which is perfect for microtransactions like paying for damage and victories. In-Game Wallets: Each player would have a sats wallet integrated directly into the game, connected to the Lightning Network. A Match Flow Encounter: Two players find each other for a battle. Stake: Each player stakes 100 sats, making the pot a total of 200 sats. Battle: The match unfolds, with players taking turns. Calculation: Player 1 wins the match. The total damage they dealt was 150. Reward: Player 1 receives 200 sats (the pot) + 150 sats (for the damage), for a total of 350 sats. Player 2 receives nothing but can try again. Post-Match: Player 1 can go to the Gym and use their 350 sats to buy a card pack. This structure would create a dynamic and financially rewarding game ecosystem, where a player's skill translates directly into real value, encouraging participation and strategic improvement. image
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CoringaNakamoto 5 months ago
The Lifeline in the Storm: How Stablecoins Like USDC and USDT Empower Venezuelans Amidst Turmoil. Here's an article in English about the importance of stablecoins like USDC and USDT for Venezuelans during times of tension and high inflation: The Lifeline in the Storm: How Stablecoins Like USDC and USDT Empower Venezuelans Amidst Turmoil Venezuela has been a stark example of how economic instability can devastate a nation. With a local currency, the Bolívar, suffering from hyperinflation and a government facing international sanctions and internal strife, its citizens have been caught in a relentless economic storm. In this challenging environment, stablecoins like USD Coin (USDC) and Tether (USDT) have emerged not just as financial instruments, but as vital lifelines for many Venezuelans. The traditional financial system in Venezuela has largely failed its people. The Bolívar's value evaporates daily, making savings worthless and future planning impossible. Access to foreign currencies like the U.S. dollar, while highly sought after, is often restricted, expensive, or involves unofficial, risky channels. This is where stablecoins step in, offering a digital bridge to stability. Why Stablecoins Matter in Venezuela: Inflation Hedge: Unlike the Bolívar, stablecoins are pegged to a stable asset, primarily the U.S. dollar. This pegging provides a crucial hedge against hyperinflation. Venezuelans can convert their rapidly depreciating Bolívares into stablecoins, preserving their purchasing power and protecting their savings from being wiped out. For a population where every penny counts, this stability is invaluable. Accessibility and Usability: Stablecoins are easily accessible through various cryptocurrency exchanges and peer-to-peer (P2P) platforms, which often operate online and can be accessed with a smartphone and internet connection. This digital nature circumvents the need for physical cash or traditional banking services, which might be unreliable or subject to strict capital controls. For many, stablecoins are the easiest way to access dollar-pegged value. Remittances and International Transactions: For Venezuelans living abroad, stablecoins offer a faster, cheaper, and more efficient way to send money home to their families. Traditional remittance services are often costly and slow, and bank transfers can be complicated by sanctions and banking restrictions. Stablecoins allow funds to be sent almost instantly, with lower fees, directly to a recipient's digital wallet, providing essential support to families struggling with basic necessities. Economic Empowerment and Micro-Businesses: Small businesses and entrepreneurs in Venezuela often struggle to find reliable payment methods or store their earnings without losing value. By accepting and holding stablecoins, they can price their goods and services in a stable currency, protect their profits, and conduct transactions with greater confidence. This fosters a resilient informal economy that can function despite the broader economic collapse. Sanctions Evasion (for individuals): While international sanctions are primarily aimed at the Venezuelan government and state-owned entities, their ripple effects often impact ordinary citizens' access to global financial services. Stablecoins, being decentralized and largely censorship-resistant, can offer individuals a way to bypass these restrictions for legitimate personal and business transactions, ensuring they can participate in the global economy to some extent. Challenges and the Path Forward: Despite their undeniable benefits, stablecoins are not without challenges. Internet access can be intermittent, digital literacy varies, and the regulatory landscape for cryptocurrencies remains uncertain. Furthermore, reliance on stablecoins still implies a level of trust in the issuers (like Circle for USDC or Tether for USDT) and the underlying assets backing them. However, for Venezuelans facing daily economic hardship, the advantages far outweigh the risks. Stablecoins like USDC and USDT have transformed from niche digital assets into practical tools for survival and economic resilience. They offer a beacon of hope, providing a degree of financial sovereignty and stability in a nation otherwise plagued by uncertainty and economic despair. As the world watches Venezuela, the silent revolution of stablecoins continues to empower its people, one transaction at a time.
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CoringaNakamoto 5 months ago
A Read for Your Morning Coffee! MetaMask Now Allows Login via Google and Apple Accounts New feature brings convenience, but it's not the best solution for storing your cryptocurrencies. MetaMask, the most famous Ethereum wallet on the market, announced on Tuesday (26) that its users will be able to create new wallets using their Google and Apple accounts. The goal is to offer a simpler experience for new investors, so they don't have to worry about backing up seed phrases. Many users praised the feature on social media. However, it's important to note that there are some dangers with these social logins. MetaMask Launches Feature That Allows Login via Google and Apple Accounts The experience for cryptocurrency investors has improved significantly since the creation of Bitcoin. For example, in the early years, it was necessary to save long private keys. Later, 12 or 24-word seed phrases were introduced, which are much easier to store and interpret. Now, MetaMask has revealed that its users can create wallets using Google and Apple accounts. "You can now use your Google or Apple ID to create a MetaMask wallet and log in with one click," MetaMask wrote. "Creating, restoring, and accessing wallets is now easier than ever." In their blog, the developers note that "crypto doesn't have to be complicated" and that creating, backing up, and restoring a wallet has become easier than ever. "Traditionally, you need a 12-word Secret Recovery Phrase (SRP) to manage non-custodial crypto wallets," MetaMask wrote. "This method gives you more control and security over your digital assets than traditional financial accounts. But keeping track of your SRP can be a chore." "Social login simplifies the wallet creation and management process." In addition to the login, the user will also need to provide an additional password, increasing security. However, MetaMask warns that funds will be lost if the user loses this password. In other words, the password provides extra protection against invasions of Apple and Google accounts, but just like the 12 words, it cannot be lost. Developers Give Details About Social Login Security In another more technical article, MetaMask developers published a longer text for users concerned about the security of this social login method. In short, the company states that the keys will be hosted online but will be encrypted in a way that the keywords are only exposed on the user's computer. "MetaMask's social login uses a cryptographic primitive called a “Threshold Oblivious Pseudorandom Function” (TOPRF), along with a distributed key management protocol, to ensure you remain in custody of your tokens while offering a high level of protection against attacks and failures," the developers explained. "The feature is designed to be self-custodial. The only instance where a complete SRP exists is on your device, after successful authentication with your login and password." When the SRP is backed up, it is stored on the MetaMask backend as encrypted ciphertext. The encryption key is split between multiple key part holders using Shamir Secret Sharing (SSS). No isolated party (neither MetaMask, nor data storage, nor Google or Apple), besides you, can reconstruct the SRP in plain text. The SRP is obtained in a 2/2 system: by authenticating with the selected login provider (Google or Apple) and providing the correct password. Convenience Also Has a Price to Pay Social login can be useful for keeping hot wallets with low values, which the investor accesses at all times to perform transactions with some frequency. However, traditional self-custody with cold storage is still the safest method for storing large amounts. After all, it's not that difficult to write 12 words on a piece of paper and store it in a safe place. Explaining the risks, MetaMask points out that "if a number of holders above the threshold are compromised, the attacker obtains the OPRF key, but still needs to brute force the password to derive the correct encryption key." In the case of Google or Apple accounts being compromised, the developers note that the hacker would still need to guess the password (which is easy if it's an already compromised and reused password). "The number of password guessing attempts is limited due to the rate restriction on the server side," the company highlighted. Another problem would be forgetting/losing the password, which may be more frequent than losing the 12 words, since users will store them in their heads. "The use of password managers and local keys protected by biometrics can help reduce the risk of password loss or theft, but there is still a strong dependence on the password. This is the trade-off for maintaining self-custody, so make sure to keep your password and devices safe! We hope this introduces a more convenient path to create and restore your wallets." Finally, other risks are linked to Apple or Google. For example, they can ban a user or end support for this service. While these hypotheses seem difficult to believe, this week a user went through a similar problem with another wallet and with a Facebook login. "I tried to log in to my account via the website and was taken to a screen that 'requires' me to log in via Facebook, but Facebook no longer supports third-party logins," an investor reported. Therefore, as mentioned above, it is easier to write down your twelve words, unless you have a good excuse to abdicate full control of your funds. Finally, it is worth noting that MetaMask launched its own stablecoin this week, mUSD. Therefore, it is possible that the new feature that facilitates login and backup is focused on the general public — especially Americans, due to the Genius Act. Now that you've had a coffee while reading this great morning news, contribute to my coffee!
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CoringaNakamoto 5 months ago
My Birthday: A Day Dedicated to Financial Freedom with Bitcoin Today is my birthday, but instead of focusing solely on personal celebration, I want to dedicate this day to something that truly moves and inspires my journey: raising awareness about Bitcoin. For some time now, I've been delving into the world of Bitcoin, not just as a technology, but as a tool for financial independence and freedom. This journey has led me to a project I've been developing in my community, with the goal of showing everyone the importance of understanding and using this technology. I've been sharing my thoughts and studies in articles on Nostr, a decentralized social network that has proven to be an incredible space for genuine, censorship-free discussions. In these texts, I explore topics such as: What is Bitcoin and why is it different from everything we know? How can Bitcoin give us complete control over our own money? The importance of financial sovereignty in an increasingly digitalized world. The difference between Bitcoin and other cryptocurrencies. I know the topic can seem complex, but my main goal is to demystify Bitcoin and make it accessible to everyone. On this special day, I would like to make a gentle request to everyone who identifies with the cause of freedom and autonomy. If you believe in the power of Bitcoin to transform lives and would like to help strengthen this awareness project, any form of support is very welcome. Whether it's by sharing my articles on Nostr, talking to your friends about the subject, or contributing in some way so that I can continue to dedicate time and energy to this mission, your help will make a difference. Thank you all for your support and for being part of this journey. Together, we can build a more free and independent future for our community.
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CoringaNakamoto 5 months ago
Check out my articles and notes. I'm working to raise awareness about finance, with a focus on freedom and Bitcoin. If you can contribute with some zaps to help me continue creating content and strengthening the Bitcoin community, I would be immensely grateful.