P01 notes session 10.11.23
Hardware wallet review: Jade by Blockstream
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- Fully open source hardware and software. Gold standard that is rarely met in the HWW industry
- Affordable compared to alternative products. Uses commodity hardware
- Simple to use, great support, compatible with Blockstream Green, Sparrow, Nunchuk, Specter
- QR scan, BIP85, duress pin
- Fully air gapped. Enables sending bitcoin without connecting to the internet
- Immune to physical key extraction from device alone (virtual secure element with 3 secrets - Jade secret on device, pin, remote blind oracle)
- DIY-able (firmware can be installed on inexpensive, off the shelf hardware
- Can be used as a 2FA device
- Can mine bitcoin (cool but not profitable)
Finney21
npub1ks2l...pkex
#Bitcoin Consulting Firm [est.801408]
We chose to name our team after this Legend. Never forgotten, eternally grateful


P01 notes session 10.10.23
Report: The Lightning Network grew by 1212% in 2 years by @River
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The number of users, transactions and volume on lightning have been accelerating significantly over the past years
6.6 million routed Lightning txs in August 2023 (lower bound estimate)
1212% growth since the 503k tx estimate for August 2021
This growth was despite a 44% bitcoin price drop and 45% decrease in search interest
Avg Lightning tx size of 45k sats ($11.84) in Aug 2023
Lightning is extending Bitcoins utility by enabling low value payments over the internet
Est. ratio of 1:8 non-custodial to custodial Lightning users
173 companies in the Lightning industry across 28 categories
Lightning enables millions of people to trustlessly and instantly move money back and forth without having to settle each tx on the Bitcoin blockchain
It has been 7 years since the Lightning Network Whitepaper was published
There is no way to identify all private nodes on the Lightning network
An estimated 70-80% of Bitcoin users have their funds on exchanges today
21min
Pgs 1-10
True or False?

