"How important is the transparency aspect of this, and how far do we, as a country, want to go with our Bitcoin holdings? If we look at the El Salvador model, they have a page that shows exactly how much Bitcoin they hold at all times." - Nick Neuman of @Casa on

National Bitcoin Office of El Salvador

The National Bitcoin Office (ONBTC) of El Salvador under President @nayibbukele

at the Bitcoin for America summit:

Odell challenges the Strategic Bitcoin Reserve's foundation on seized assets as fundamentally contradicting Bitcoin's property rights principles. While proposing that seized bitcoin should be legally burned to deter government confiscation, he acknowledges a silver lining: the reserve signals Bitcoin's legitimacy and creates an aligned incentive structure benefiting both holders and the state. He warns against complacency and calls for continued vigilance in protecting the freedom to use Bitcoin without permission. View article →

Block Fee Rate Graph Update

Peter Schiff posted a bitcoin address on X yesterday. A cursory inspection of this address could give the impression that Peter has a large amount of bitcoin, because this address has been an input in some large consolidations. Actually he posted his coinbase deposit address, and the subsequent spends from this address are just coinbase managing their utxo set - the large outputs are not his! So be warned, posting an exchange deposit address publicly in this way exposes you to the risk that a mistaken thief thinks you have much more bitcoin than you actually do.

Remember that transaction where someone burned 83.5 BTC in fees. The person claiming to have been hacked (who signed a proof) says they have been refunded

What is the best long form criticism or caution regarding the strategic bitcoin reserve?

Is there a nostr client for mobile (android and iOS) with an integrated self custodial lightning wallet?

Bitcoin chain growth since 2009 📺

Bitcoin block size distribution since 2009 📺

Green, Blue or Red?

New research report just dropped.

mempool research

Block Size Report

A data driven analysis of the bitcoin block size, revealing how growth was partially constrained by miner policy and Bitcoin Core defaults.

Q/ Wait how is the Mempool now 22 blocks deep!!? A/ Well this one address ( Possibly “CoinCola” from a quick search) is associated with 926+ chunky consolidation transactions which are now in the mempool. Nature is healing.

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

Today we had 3 consecutive 'unfilled' blocks with at least 25% unused blockspace. The last time that happened was block 786635 on 2023-04-23

Blockspace cost (Fee Rate) over the past 6 months. How has your on chain behavior changed as a result of this volatility?

Beautiful to see this! At 881PH/s the guys had 6:1 odds within 24h. Calculate for yourself at https://bitaxe.oramge.surf View quoted note →

After listening to the recent @jack @ODELL chat on @CITADELDISPATCH 150 I am taking the initiative to kick start a discussion nostr devs, what do you think of a “VIP mode” algorithm in which one post is shown from each person you follow before showing other content, because for me everyone I follow is a very important person. View quoted note →

All aboard the mempool rollercoaster

First Monitor: @mempool Second Monitor: http://mempool.orange.surf (scroll down) Check the state of the mempool at a glance

What do you understand by the term “solo mining”? 1. Build your own templates 2. Earn 100% of the reward 3. Both 4. Other

The most recent block had a 1 input 1 output transaction with a fee rate of 1.02 sat/vB. 194 sat fee to send 600 sats.