1sat per vbyte
kiwilamb
kiwilamb@nostr.nz
npub1a3xj...x0r7
Just Bitcoin!
The longest chain, is not the blockchain with the higher block height, it is better referred to as the heaviest chain = the one with the most PoW.
Good night nostr. Keep it real, these are just rookie numbers.
You Don’t Understand Bitcoin Because You Think Money is Real - Maria Bustillos
Rules without Rulers
Are you ready to surf the great FOMO wave of 2023 ?
Bitcoin, enabling a decentralised, digital, censorship-resistant store of value and medium of exchange.
The legacy banking system has lagged behind in innovation over the last 20-30 years, their time has come and they will be swept aside like the newspaper/media companies of the internet.
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Bitcoin wasn’t created to make payments cheap, it was built to enable true ownership of money without having to trust a government or third party.
There is a lot of 10000 sat transactions with about 4vbyte fees, what are these propagating from ?
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.” [Satoshi Nakamoto. Creator of Bitcoin.]
The $5 wrench attack is becoming affordable for most criminals.
If you have things like "trusted" miners who must sign the blocks, then you just have a fancy centralized distributed system and there are already plenty databases out there which do this.
Have we broken lightning yet. ⚡⚡
What a time to be ZAPPED.
hi there, no ones listening to me.