Monday, 9 May 2022

PSA: Anyone With a Computer & Internet Connection Can Run a Bitcoin Node FOR FREE. Just Download and Run the Free Software. You don't need to buy these raspberry pi's that are not primarily Bitcoin Nodes. Those Pricey Pi's Are Lightning Nodes AND Bitcoin nodes. There is a Big difference! Run A Node!

A Bitcoin Node is not a Lighting Node:

A Bitcoin Node Needs Only 5GB of Disk Space & a Internet Connection To Function.

But A Lightning Node Needs 1TB of disk space & Uses a Bitcoin Node To Function. These are often the raspberry pi's you see for sale or in pictures sometimes. You do NOT need these to run a Bitcoin node, or a Full Bitcoin node.

Both of these have different functions and purposes that you can read more about using google.

More on the difference between a lightning node and Bitcoin node here:

https://bitcoin.stackexchange.com/questions/78733/full-node-vs-lightning-node

A few sources for downloading the Bitcoin core reference implementation for free:

Bitcoincore.org

https://bitcoin.org/en/bitcoin-core/

You can also run luke-jr's Bitcoin Node Software to accomplish the same thing, He maintains this version of Bitcoin node software mostly on his own, while an army of developers maintain the versions above:

https://bitcoinknots.org/

Both of these versions are free, and open source (meaning anyone can use them, modify them, or audit and view the course code: https://github.com/bitcoin).

submitted by /u/Fiach_Dubh
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Sunday, 8 May 2022

The whales are very bullish on bitcoin

The whales are very bullish on bitcoin submitted by /u/oldgodemo1
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Ledgers require time, and time requires heat

Ledgers require time, and time requires heat

It is no accident that the 2nd law of thermodynamics is the only equation of fundamental physics that knows any difference between past and future.

https://preview.redd.it/nzg0ibwe10y81.png?width=599&format=png&auto=webp&s=0ddc133d1cdcc0460424997b3516af8712109b53

Because of this, I am convinced that proof-of-work is the only way to introduce time into the timeless digital realm. Everything else relies on external factors and is bound to collapse once these external factors provide false inputs.

It goes even deeper than that: The problem of synchronizing clocks is ultimately an insoluble one. Bitcoin offers a practical solution to this impossible problem. You can not solve this problem without introducing a new arrow of time, a distinction between past and future.

https://preview.redd.it/gvk0sr1l10y81.png?width=594&format=png&auto=webp&s=400c8daf4b1804f52293016849a1cdaf34c807ff

The link between time and heat is fundamental: without heat, a distinction between past and future is impossible. Without a distinction between past and future, a ledger - something that keeps track of things - is impossible.

Once you understand the profundity of the problem, the beauty of Bitcoin's probabilistic solution becomes obvious. Synchronization via a difficulty-adjusted proof-of-work is the innovation.

All Credit Should Go To : https://twitter.com/dergigi

submitted by /u/Reahvenz
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"Do you all think this is why custodial LN is so commonly used?"

"Am I just the unluckiest bastard out there when it comes to LN or are there other people running into issues like this constantly and just not talking about it due to self-censorship?"

"I've even gone the simplest non-custodial route (Muun) and still have issues regularly."

submitted by /u/unstoppable-cash
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source https://www.reddit.com/r/btc/comments/ukl0lq/do_you_all_think_this_is_why_custodial_ln_is_so/

"BCH has been integrated for over a year and the community hasn’t taken advantage. BCH may not survive on THORChain with growing competition among coins. It’s also the only DEX to support native BCH right now."

"BCH has been integrated for over a year and the community hasn’t taken advantage. BCH may not survive on THORChain with growing competition among coins. It’s also the only DEX to support native BCH right now." submitted by /u/gasull
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source https://www.reddit.com/r/btc/comments/ukm2l9/bch_has_been_integrated_for_over_a_year_and_the/

I didn't know this, not sure how many do, but Hal Finney was Cryopreserved! The ultimate way of storing your BTC keys!

I am currently reading Bitcoin: Everything Divided by 21 Million and found out Hal Finney was cyro-frozen. Pretty cool, especially if he left the keys to his BTC in his head.

submitted by /u/thadiusb
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Ya puedes enviar BCH a direcciones LNS usando Electron Cash

Ya puedes enviar BCH a direcciones LNS usando Electron Cash submitted by /u/XolosRamirez
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source https://www.reddit.com/r/btc/comments/ukj92g/ya_puedes_enviar_bch_a_direcciones_lns_usando/