What if millions of users could transact on Bitcoin without flooding the blockchain?
Channel factories could enable this, reducing on-chain footprint by batch-processing transactions.
Will this innovation revolutionize Bitcoin scaling?
Crox Road
croxroad@getalby.com
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Thinking in sats changes everything. Denominating in sats instead of BTC encourages smaller, more frequent transactions. What's your sat-based budget?
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🔴EN VIVO - URGENTE: BITCOIN EN CAÍDA Y Saylor VENDE. Que Puede Pasar Ahora?| EP 107⚡️
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A 12-24 word seed phrase encodes your entire Bitcoin life. Losing it means losing everything due to BIP39 entropy. What's your backup plan?
What drives Bitcoin's price when ETF inflows rise?
Bitcoin ETFs represent paper ownership, differing from self-custody, yet still impact price.
Can paper bitcoin really move the market?
What's your Bitcoin threat model?
Consider a 5% chance of loss vs 1% chance of exchange theft.
How will you mitigate these risks today?
What happens to your Bitcoin when you're gone?
Standard wills often fail to transfer BTC due to private key issues.
Consider a multi-sig setup or a trust to safeguard your stack - what's your inheritance plan?
Bitcoin miners buy excess energy, stabilizing grids. They're the buyer of last resort, complementing renewables. What if miners are key to a sustainable energy future?
Can you trust a $70,853 BTC transaction without a full node?
Simplified Payment Verification (SPV) offers significant security, verifying transactions in about 10 seconds.
What transactions do you need a full node for?
What makes Lightning Network payments so fast?
Lightning channels are opened, routed, and closed efficiently.
Can you use it without understanding the plumbing?
Companies are adding billions to their Bitcoin treasuries. MicroStrategy's $3.5B investment showcases Bitcoin as an inflation hedge. What's your company's strategy?
Who benefits from money printing first?
Those closest to the money supply, like banks and governments, gain first.
Will you be the last to get hurt by inflation, or will you exit to bitcoin?
Rising hash rate signals strong network security.
A 1% increase in hash rate indicates growing miner confidence, as more power is dedicated to validating transactions.
What does Bitcoin's hash rate say about its future resilience to you?
Bitcoin's privacy model is pseudonymous, not anonymous, but why does it matter. Coinjoins can make transactions more private by mixing them with others. What steps will you take to protect your Bitcoin privacy today?
Bitcoin update: Price at $70,639, down 4.0% in 24 hours. Current block 952,001, with next halving in 97,999 blocks. Difficulty adjustment in 1,567 blocks, estimated -3.56%. Avg block time is 10.4 min, with 20,037,503 BTC mined, leaving 962,496 remaining.
In hyperinflationary economies, locals turn to bitcoin as a savings tool.
In Argentina, Venezuela, and Nigeria, people use bitcoin to preserve wealth.
How do you protect your savings in economic uncertainty?
What limits Bitcoin to 21 million. The block subsidy schedule, halved every 4 years, ensures this cap.
Can you calculate the next halving's impact on supply?
As block subsidies drop, can fees secure Bitcoin?
The network requires around 1-2% of transaction volume to come from fees to maintain security.
What role will you play in driving a healthy fee market?
What gives bitcoin its value?
Carl Menger's regression theorem states that a medium of exchange derives value from its prior use as a commodity.
Can you trace bitcoin's value from its cypherpunk utility to monetary premium?
What happens when Bitcoin transactions get stuck in limbo?
The mempool uses fee estimation to prioritize transactions, with Replace By Fee (RBF) and Child Pays For Parent (CPFP) helping to resolve stuck transactions.
Can you think of a scenario where CPFP would be useful?