Q's avatar
Q
npub1v882...gx3v
visionist. freedom fighter. #bitcoin #nostr
Q's avatar
V1NCEN7O 10 months ago
Hello to everyone, I have a question. Why I can‘t zap anyone for a little amount ? I‘ve 1567 Sats and I like orangepile some friend but I tried with my wife and it doesn’t work.
Q's avatar
V1NCEN7O 2 years ago
True. But not everybody understand it at the moment. I’ll change if we’re strong enough. image
Q's avatar
V1NCEN7O 2 years ago
"In the deep structure of Bitcoin, the revolution in financial architecture comes from the combination of cryptography and decentralized accounting. Miners, as guardians of consensus, invest computing power to solve complex mathematical challenges to confirm transactions. This process of proof-of -Work establishes an organic order that ensures robust security and immutability. Genesis blockchain technology orchestrates a chronicle in which each block carries the essence of its predecessor, an indelible digital testament. This blockchain genetic code not only consolidates transactions but also carries the DNA of decentralized consensus. By reproducing blocks, the blockchain becomes a living organism, immune to manipulation and designed to last. The autonomy embedded at the core of Bitcoin emancipates the financial landscape from institutional shackles. Each participant becomes the sovereign of their assets, an architect of their financial future. The decentralized network weaves a fabric of equality in which every node has a voice, a voice that not only validates transactions but also shapes the structure of the future. The heart of the Bitcoin protocol pulses to the rhythm of decentralization, each beat an act of liberation. Peer-to-peer interactions, unencumbered by intermediaries, create a web of trust based on mathematics and consensus. Mining, this digital alchemist's act, not only ensures the security of the network, but also the creation of new values, a process that challenges the power of central banks. In this journey through the mechanics of Bitcoin, we discover not just a currency, but an idea that has roots in the freedom of the individual. The Bitcoin network, in its cryptographic brilliance, projects a vision of a world where trust is created not by authority but by algorithm. A world where value is defined not by institutions but by protocols." The 21 million Bitcoin limit is a central feature of the Bitcoin protocol and was set by Satoshi Nakamoto, the unknown creator of Bitcoin. This cap serves several purposes: 1. **Limited Supply:** By limiting the amount of Bitcoins available, artificial scarcity is created. Unlike traditional fiat currencies that can be printed by central banks, Bitcoin has a predictable and limited supply. 2. **Inflation avoidance:** The fixed cap prevents the amount of Bitcoin from being devalued by inflation. In many traditional monetary systems, excessive money creation can lead to inflation, which affects purchasing power. 3. **Miner Incentives:** The Bitcoin network uses miner rewards to maintain the security and integrity of the network. The cap on rewards (halving every 210,000 blocks) and the eventual limit of 21 million incentivizes mining and ensures that the issuance of new Bitcoins decreases over time. 4. **Digital Gold:** Bitcoin is often referred to as “digital gold” because of its ability to serve as a store of value due to its scarcity and decentralized nature. The limit of 21 million underscores this comparison and reinforces the concept of digital scarcity. The decision for 21 million was probably also symbolic, as it is a number that mathematically works well with the Bitcoin protocol. I took the time to describe #bitcoin as simply and understandably as possible. If I left anything out please let me know. image
Q's avatar
V1NCEN7O 2 years ago
lnbc10m1pjs599upp569ms0u2hxewnfy00kj37zr7n00ee6l4cmkndkgw4f2pqn7kkjtaqhp5sennrtga9rx3277xphsr7tey5ts0pkz668z08f9lqzv9ggwg4amscqzzsxqyz5vqsp59x4r43qwcvnduxlhu5zwlxn93mma6l9zqqfcw55l7hnfyqwp6w2s9qyyssqyepafxfv840pa62sgrafenekheglqfertrmldygm9ahkjq93eel5rkx7r3048af7hmv3zyr6xkdj05vnphvmpkc6rydlgz0lutqwlucqnd9dnr
Q's avatar
V1NCEN7O 2 years ago
It’s hard, I know, but we’re still here… image
Q's avatar
V1NCEN7O 2 years ago
Me while I watch the system collapse… Sad for the beginning, good for generations 🧡#Bitcoin Are you with me ? image
Q's avatar
V1NCEN7O 2 years ago
🔒 The #Bitcoin network's security is built on decentralized mining power. A 51% attack would require controlling over half of the network's mining hash rate, a colossal challenge! 😱 Not to mention the significant energy and costs involved. Protecting the network's integrity is vital!
Q's avatar
V1NCEN7O 2 years ago
"Freiheit ist der Flügel, der uns erhebt, die Stimme, die uns gehört und das Herz, das uns antreibt. Lasst uns gemeinsam für eine Welt kämpfen, in der Freiheit für alle selbstverständlich ist. #Freiheit #Bitcoin
Q's avatar
V1NCEN7O 2 years ago
I gave enough time after a couple of days so… this should be a test to see how helpful the people here are. Unfortunately nobody had the luck to help me with my #PhoenixWallet. it should be 210,000 #sats for the helpful person. Thanks anyway, maybe some will understand how important it is to help each other :-) View quoted note →
Q's avatar
V1NCEN7O 2 years ago
Could someone help me with 10.000sats to unlock my PhoenixWallet ? Would be cool, I’ll give back, just wanna try. If not thanks also!🤙🏼 lnbc1pj2m3uxpp5gajsf06zkeffq6huttuxs03c7kqemsy7yyugmzjf9pteec54tdzsdqqcqpjsp5swn2xu8ygyq5fwvx8k0u2x8dq863xm009uchj2qhk73wsqg9ftmq9q7sqqqqqqqqqqqqqqqqqqqsqqqqqysgqmqz9gxqyjw5qrzjqwryaup9lh50kkranzgcdnn2fgvx390wgj5jd07rwr3vxeje0glcllmqznfs6jgtfgqqqqlgqqqqqeqqjqvtvgc4gcfszq6j0sgx0596mgmsslznfep277zdy5hmqa23dntkcp0ujevdvcy6g3frgv7q8wlftnyswt4pn4hvtl6gan3d3rulmdwjsplzrr97 image