RGB : Smart contracts for Bitcoin and the Lightning network (very excited for this)

submitted by /u/cosmicnag [link] [comments]

Peer-To-Peer Bitcoin Trading Rising Across Africa! Trading volume in Nigeria surpassed $99.1 million between January and March 2021, followed by Kenya with $38.4 million, Ghana with $27.4 million and South Africa with $25.8 million.

submitted by /u/Bitcoin_Magazine [link] [comments]

How does chaintip work?

How does chaintip work? i just dowloaded the Bitcoin.com app and signed up. but how do i get the tip on my wallet? Im also new to Reddit, do i have to send my wallet to the bot on Reddit?

submitted by /u/DlENlZ
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source https://www.reddit.com/r/btc/comments/n1m7om/how_does_chaintip_work/

Diamond Hands: Quarterly Report Shows MicroStrategy Stills HODLs 91,579 BTC Despite Billions in Paper Profit

submitted by /u/wmredditor [link] [comments]

Kraken just added ACH/Online Banking. No longer only wire transfers!

I received this email:

"As a Kraken client you can now instantly purchase up to $2,000 worth of crypto each week by using online banking. It takes less than a minute to set up. Here’s how:

To get started: Sign in and click on the Buy Crypto button on the top navigation menu Select online banking and choose your existing bank Enter your bank login credentials (username and password) That’s it! You will be validated immediately. Sign in and give it a try today."

submitted by /u/MadMarioMax
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If you want someone to adopt Bitcoin, don't just tell them about it, gift them some. That gift will make them pay attention to the market, and eventually adopt

I've been in the game for 10 years now, and have tried every trick in the book to get those I care about get on board. The only way I've ever seen it work has been to gift them some. It may take a day, a week, a couple of years, but eventually, that gift will get their brains going running, some numbers on what they could've made had they invested more, and eventually studying the space. I see a lot of people here discouraging telling your friends and family about Bitcoin, but as someone who grew up in the ghettos seeing people who would be destined to work until their dying day if they didn't get taught about Bitcoin, I could not keep my mouth shut about it and let my friends and family stay on the path to serfdom(Debt Slavery). So I get all you who want those you care about to also hop on. People like me didn't grow up around others who would be okay in life since they had an inheritance to inherit. We grew up knowing the shit we grew up in, knowing most everyone we know would either work till they die, or end up in jail out of desperation to steal or run a nefarious business just to have any chance to escape the serfdom debt contracts we were born into needing if we ever wanted to get anywhere ahead in life. So unlike those warnings you hear to keep your mouths shut, I offer you advice on how to truly best help someone adopt. What you gift someone doesn't have to be a lot either. My most common gift is about 5 or 10 dollars worth of Bitcoin, and it's worked every time I've done it. Best of luck newcoiners. I hope everyone you care about most is convinced to adopt so they're not left wanting or needing in the future.

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Edit: For those wanting to gift to someone without a crypto wallet; Coinbase is my go to. You can send Bitcoin or any crypto they offer to an email address, and the owner of that email address will get an email letting them know they received Bitcoin or any other cryptocurrency you might have sent through their platform. The receiver of the email will be able to open an account with the sent coins in their wallets. Hope this helps! If anyone knows of any other solutions like this, please let me know in the comments and I'll edit them in here.

submitted by /u/SatOnMyBalls_
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I read several articles on Bitcoin8m and still didn't realize it wasn't a hard fork. However, after reading this post, everything is clear. #Bitcoinblocksizematters

How is bitcoin8m created and why it won’t cause a hard fork

In this article we cover two main issues, which are the two most frequently raised concerns of those who are interested in the mission we are pursuing - freeing bitcoin from the current block size limit.

1. How bitcoin8m is created?

Bitcoin8m core is simply a modified version of bitcoin core to start accepting block of weight up to 8 times the regular MAX_BLOCK_WEIGHT (which is defined at 4000000) if 1000 consecutive blocks in the past show acceptance of big blocks. For every release of bitcoin core, we release a similar version with a different versioning convention that contains just the above tweak. For example, if version 0.21.0 is released for bitcoin core, we will release bitcoin8m core 8.21.0 which is identical with the exception of the above tweak. Bitcoin8m source code can be downloaded from https://github.com/bitcoin-8m/bitcoin. You can just replace the bitcoin core binary with bitcoin8m binary of compatible version and everything should continue to work as usual.

2. Will it cause a hard fork?

Bitcoin8m core is programmed based on version bits-based signalling technique to only start accepting large blocks only if big block support is signaled in 950 of the most recent 1000 consecutive blocks. So if a miner decides to mine the large block before the condition is reached, the block will be deemed invalid by both bitcoin8m nodes and bitcoin nodes, so no other miners will work on extending the chain containing the large block. The rest of the network will continue to work on the chain that does not include any large blocks. This should in effect prevent the network from hardfork.

3. What will happen to businesses that transact bitcoin?

Every non-mining node will need to switch to bitcoin8m or compatible binary so it will continue to accept blocks in case large blocks start to be produced. In case a business fails to switch to bitcoin8m node before the first large block appears, it will not see confirmed transactions on its end, and thus the business will experience a temporary disruption. The simple fix is to replace bitcoin core binary with the equivalent bitcoin8m binary and restart the service.

submitted by /u/thuhoais2
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source https://www.reddit.com/r/btc/comments/n1k9j2/i_read_several_articles_on_bitcoin8m_and_still/