Podcasts about utxos

Play Episode Listen Later Jan 16, 2025 123:50

Venha visitar a Toca do Dov, um espaço para responder suas perguntas sobre Bitcoin enviadas através do https://supersats.tv/bitcoinheiros ou https://livetip.gg/bitdov Se você não tem carteira Bitcoin ou Lightning, veja opções: https://bitcoinheiros.com/projetos-recomendados/ Compra de BTC e SWAP Lightning https://www.bitcoinheiros.com/kyc/ Gravado AO VIVO na Toca do Dov ________________ APOIE O CANAL https://bitcoinheiros.com/apoie/ ⚡ln@pay.bitcoinheiros.com 00:00 Sala de espera 01:29 Música: O leão tá com fome / MOICANO ALVES REPERTÓRIO NOVO 02:04 Vídeo: Não dá no Pix não 04:40 Introdução Toca do Dov 06:22 Fiscalização do sistema Pix 08:16 Mande mensagens no livetip.gg 12:50 Uso do NOSTR no dia a dia 13:37 O ano de 2024 dos Bitcoinheiros 16:04 Pagamento de boletos com bitcoin 20:21 A fiscalização do Pix vai levar mais pessoas ao Bitcoin? 23:49 As transações da Lightning Network são privadas? 26:19 Onde comprar satoshis com as menores taxas? 30:05 Corretoras de bitcoin sem KYC 33:10 É possível gastar bitcoin em cartões de crédito pré-pagos? 39:20 Resistência psicológica do preço do bitcoin em 100 mil dólares 48:02 Taxas de transações de bitcoin no início de 2025 52:13 No futuro as taxas de transações do bitcoin serão suficientes para remunerar os mineradores? 55:22 Quem será o próximo gênio do Bitcoin? 56:27 O mercado real do Bitcoin é o P2P 57:43 Setup para acumulação de bitcoin comprado em corretoras 1:01:11 Comércio aceitará bitcoin? 1:03:16 Qual melhor forma de transformar real em dólar cash? 1:09:16 O que é consolidar UTXOs? 1:15:05 Donald Trump vai cumprir as promessas feitas a comunidade Bitcoin? 1:17:02 Qual o problema de enviar bitcoins sempre para o mesmo endereço? 1:18:37 Os endereços das carteiras de Bitcoin são infinitos? 1:20:19 O que é PayJoin? 1:24:05 Multisig é uma boa opção para guardar os bitcoin? 1:25:09 Importância de rodar seu próprio node de Bitcoin 1:25:58 Vale a pena usar DePix? 1:31:18 Os blocos do Bitcoin não são finitos 1:32:07 Quando todos os bitcoins serão minerados? 1:36:12 Playlist dos Bitcoinheiros sobre mineração de Bitcoin 1:38:07 Faça perguntas ao Dov no consultorio.bitcoinheiros.com 1:39:22 É seguro usar a BlueWallet como cold wallet? 1:41:20 Como as mineradoras vão se manter no futuro? 1:42:57 É necessário atualizar o setup de Tails + Electrum? 1:43:23 Comportamento do preço do Bitcoin após o halving 1:45:29 Playlist Canivete Bitcoinheiro 1:46:40 Agende uma conversa particular com o Dov consultorio.bitcoinheiros.com 1:47:25 Projeto LiveSats 1:48:53 É possível cancelar uma transação de bitcoin na Sparrow Wallet? 1:51:25 Comprar R$ 100 de bitcoin por mês é suficiente? 1:52:57 Como são as consultas do consultório Bitcoinheiro? 1:54:26 Qual melhor forma de comprar bitcoin via Robosats na Lightning Network? 1:55:54 Como as carteiras de bitcoin encontram os endereços que tenho a partir da minha chave privada? 1:57:41 É possível utilizar a mesma hardwallet para assinatura em mais de uma carteira? 1:59:20 Comportamento do preço do Bitcoin 2:01:59 Música: Si baja más Compramos más SIGA OS BITCOINHEIROS: Site: https://www.bitcoinheiros.com Twitter: https://www.twitter.com/bitcoinheiros Allan - https://www.twitter.com/allanraicher Dov - https://twitter.com/bitdov Becas - https://twitter.com/bksbk6 Ivan - https://twitter.com/bitofsilence Odysee: https://odysee.com/$/invite/@bitcoinheiros:f Instagram: https://www.instagram.com/bitcoinheiros Facebook: https://www.fb.com/bitcoinheiros Podcast: https://anchor.fm/bitcoinheiros The Bitcoin Discord: https://discord.bitcoinheiros.com ISENÇÃO DE RESPONSABILIDADE: Este conteúdo foi preparado para fins meramente informativos. NÃO é uma recomendação financeira nem de investimento. As opiniões apresentadas são apenas opiniões. Faça sua própria pesquisa. Não nos responsabilizamos por qualquer decisão de investimento que você tomar ou ação que você executar inspirada em nossos vídeos. #bitcoin #consultoriobitcoin #consultoriobtc

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BR090 - COLDCARD, BullBitcoin, Bitcoin Safe, miningpool-observer, Zero Fee/P2PK Playgrounds, Tangem Private Keys Exposed, Proton Wallet Vuln, Signatures Explained, "Not Enough UTXOs!" + MORE ft. Rob

Bitcoin.Review

Play Episode Listen Later Jan 3, 2025 83:15 Transcription Available

I'm joined by guest Rob Hamilton to go through the list.(Timecodes coming soon)Links & Contacts:Website: https://bitcoin.review/Substack: https://substack.bitcoin.review/Twitter: https://twitter.com/bitcoinreviewhqNVK Twitter: https://twitter.com/nvkTelegram: https://t.me/BitcoinReviewPodEmail: producer@coinkite.comNostr & LN: ⚡nvk@nvk.org (not an email!)Full show notes: https://bitcoin.review/podcast/episode-90

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Bitcoin Optech: Newsletter #331 Recap

Bitcoin Optech Podcast

Play Episode Listen Later Dec 9, 2024 88:39

Mark “Murch” Erhardt and Mike Schmidt are joined by Anthony Towns to discuss ⁠Newsletter #331⁠. News Lisp dialect for Bitcoin scripting (0:48) Selected Q&A from Bitcoin Stack Exchange How does ColliderScript improve Bitcoin and what features does it enable? (43:24) Why do standardness rules limit transaction weight? (48:10) Is the scriptSig spending an PayToAnchor output expected to always be empty? (56:16) What happens to the unused P2A outputs? (57:13) Why doesn't Bitcoin's PoW algorithm use a chain of lower-difficulty hashes? (1:01:47) Clarification on false value in Script (1:04:38) What is this strange microtransaction in my wallet? (1:06:02) Are there any UTXOs that can not be spent? (1:09:04) Why was BIP34 not implemented via the coinbase tx's locktime or nSequence? (1:13:15) Releases and release candidates Core Lightning 24.11rc2 (1:15:19) BDK 0.30.0 (1:15:49) LND 0.18.4-beta.rc1 (1:16:16) Notable code and documentation changes Bitcoin Core #31122 (1:17:17) Core Lightning #7852 (1:20:25) Core Lightning #7740 (1:21:27) Core Lightning #7719 (1:22:48) Eclair #2935 (1:23:47) LDK #3137 (1:24:34) LND #8337 (1:26:22)

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Consultório Bitcoin 007 - Maio de 2024

The "What is Money?" Show

Play Episode Listen Later Nov 22, 2024 117:43

Hoje é dia de Consultório Bitcoin! O ursão bitcoinheiro responde todas as suas dúvidas no mesmo dia pelo ask.arata.se/bitdov e depois compartilha com a galera no início do mês seguinte pra espalhar o conhecimento pela comunidade. Todas as perguntas enviadas (mínimo 4269 sats, mas pode enviar mais pro ursinho

Bitcoin Product Market Fit For Savings with Pierre Rochard SLP602

Stephan Livera Podcast

Play Episode Listen Later Sep 11, 2024 80:11

My friend Pierre Rochard (VP Research at Riot Platforms) rejoins me on the show to discuss some of his latest views. Summary In this conversation, Stephan and Pierre discuss the concept of long-term savings in Bitcoin and its product-market fit. Pierre introduces a metric for measuring long-term savings by looking at the age of UTXOs (unspent transaction outputs). They also explore the idea of rebalancing and the importance of aligning financial decisions with personal goals. The conversation then shifts to the challenges of running a profitable business in a Bitcoin standard and the role of passive index equity investing in a hyper Bitcoinized world. Further, Pierre and Stephan discuss the implications of individuals and governments holding Bitcoin. They explore the idea of investing time in Bitcoin rather than just money, and how businesses can leverage Bitcoin without large capital investments. They also touch on the moral implications of educating others about Bitcoin and the potential cultural changes that may occur on a Bitcoin standard. The conversation concludes with a discussion on government adoption of Bitcoin and the impact it may have on society. Takeaways Bitcoin has found product-market fit in the area of long-term savings, as evidenced by the increasing number of UTXOs that have not moved in more than a year. The age of Bitcoin UTXOs can provide insights into the behavior of hodlers and the overall health of the Bitcoin network. Rebalancing should be driven by personal goals and values, rather than trying to time the market or follow others' advice. In a Bitcoin standard, it may be challenging for businesses to outperform Bitcoin in terms of returns, but there may still be a role for active investing and supporting entrepreneurial ventures. Passive index equity investing may become less prevalent in a hyper Bitcoinized world, as individuals prioritize holding Bitcoin and investing in businesses they are actively involved in. Investing time in Bitcoin can be just as valuable as investing money. Businesses can leverage Bitcoin without large capital investments. Educating others about Bitcoin is important, but it's not necessary to force people onto the Bitcoin journey. Cultural changes on a Bitcoin standard may include a shift towards lower time preference and more focus on family and spirituality. Government adoption of Bitcoin can move them away from being a state and towards a more decentralized entity. The amount of Bitcoin a government holds should be based on their immediate needs and the uncertainty of the future. Government adoption of Bitcoin can accelerate Bitcoin adoption among individuals. The moral implications of the government holding Bitcoin depend on whether it leads to the violation of the non-aggression principle. Taxation with Bitcoin becomes more difficult, which may lead to a reduction in government spending. Advocating for a strategic reserve of Bitcoin can lead to more conversations and ultimately more Bitcoin adoption. Timestamps: (00:00) - Intro (00:57) - Bitcoin's Product-Market Fit for Long-Term Savings (02:12) - Measuring Long-Term Savings with UTXO Age (10:56) - Should you Rebalance your UTXOs?; Financial Decision-Making through Rebalancing(21:17) - Sponsors (23:57) - Is Running a Business on a Bitcoin Standard Profitable? (33:22) - Passive Index Equity Investing in a Hyper Bitcoinized World (39:43) - Trading your Time & Expertise for Bitcoin (44:32) - Educating Others about Bitcoin (48:35) - Societal & Cultural Changes on a Bitcoin Standard (53:07) - Sponsors (1:02:00) - Should the State Hold Bitcoin?; Neutrality vs Central Planning (1:13:41) - Advocating for a Strategic Reserve of Bitcoin; Accelerating Bitcoin Adoption Links: https://x.com/BitcoinPierre Pierre's analysis: https://x.com/BitcoinPierre/status/1831163386182164937 Hoppe article mentioned: https://mises.org/mises-daily/yield-money-held-reconsidered Blocktime Podcast by Riot: https://www.blocktimebyriot.com/ Sponsors: Bold Bitcoin CoinKite.com (code LIVERA) mempool.space/accelerator Nomadcapitalist.com/apply Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack

BLISS Presentation: Committing to UTXOs with Calin Culianu

The Bitcoin Cash Podcast

Play Episode Listen Later Jun 7, 2024 34:38

UTXO commitments may be needed if blocks get very large as BCH gains popularity and adoption. Calin starts by explaining UTXOs (unspent transaction outputs) and the basic data fields every UTXO contains.He then describes UTXO commitments, the changes required to introduce them, and the advantages and risks involved in going forward with UTXO commitments.Calin Culianu is a prolific BCH developer, and maintainer of many things such as BCHN, Fulcrum Server, and Electron Cash wallet.Links:Calin Culianu on Twitter: https://x.com/cculianuBitcoin Verde UTXO Fastsync proposal: https://bitcoincashresearch.org/t/chip-2021-07-utxo-fastsync/502SLIDES: https://docs.google.com/presentation/d/1-kJhYnbh89ytfldnykbxpfyiDVqsA2zi47byyX1eujU/edit?usp=sharingDonations:bitcoincash:qptj70akw0a2tc7z8sycjtx6x4sl4wt0wgemrvmeupSponsors:The Bliss Conference is proudly sponsored by: General Protocols: https://generalprotocols.com and https://bchbull.comThe Bitcoin Cash Podcast: https://bitcoincashpodcast.com/"Ravish Off Ocean" restaurant: https://www.ravishkitchen.com/Commercial Kitchen Stop: https://commercialkitchenstop.com/Also by: Mike Komaransky, Molecular, Toorik, Mini-SatoshiSocials:Website: https://www.bitcoincashpodcast.comTimestamps:0:00 Intro01:00 s/o to Josh Green & Andrew Groot @ Bitcoin Verde01:26 What is a UTXO01:58 UTXO life cycle and state04:00 UTXO sets04:12 Why is the UTXO set important?04:56 Why do nodes need blocks?05:34 Is IBD from 0 a problem?06:06 Why not just download UTXO set?06:44 BCH unchained!07:50 UTXO commitments08:58 Minimal download09:36 Trade-offs vs. Initial Block Download (IBD)10:51 UTXO commitments is an old idea11:53 "UTREEXO"13:19 "Flat" UTXO table14:37 "Flat" set challenges15:42 Elliptic Curve Multiset Hash (ECMH)16:31 ECMH overview17:28 ECMH properties18:47 Bucketing for scale19:20 UTXO commitments20:05 Consensus changes20:36 P2P protocol changes21:13 Initial phase-in22:21 Activation on-chain22:47 Advantages of UTXO commitments23:41 Risks24:29 Links for further reading24:50 Q : UTXO snapshots26:09 Q : Mempool synchronization27:42 Q : Joining hashes28:44 Q : Orphan blocks29:21 Q : History of EC hash function30:05 Q : Mempool31:49 Q : Coin base transaction32:35 Q : Assessing risks34:26 Outro#bitcoin #bitcoincash #bch #btc #crypto #cryptocurrency #cbdc ▪️

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Bitcoin UTXOs 101 with Wicked Smart Bitcoin (WiM462)

Play Episode Listen Later Apr 30, 2024 67:22

/ GUEST // Twitter: https://twitter.com/w_s_bitcoin YouTube: https://www.youtube.com/@wickedsmartbitcoin Bitcoin's UTXO article: https://river.com/learn/bitcoins-utxo-model/// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/ NetSuite: https://netsuite.com/whatismoney Dissident Dialogues 2024 (use discount code BREEDLOVE for 10% off): https://dissidentdialogues.org/ Heart and Soil Supplements (use discount code BREEDLOVE): https://heartandsoil.co/Anthony DiClementi's Biohacking Secrets (Text BREEDLOVE to 847-943-7221) Swan Bitcoin: https://www.swanbitcoin.com/breedlove22/Bitcoin 2024: the World's Largest Bitcoin Conference (use discount code BREEDLOVE): https://b.tc/conference// OUTLINE // 00:00:00 - “What is money?” Intro 00:01:34 - Helping Lightning Startups with In Wolf's Clothing 00:02:21 - What are UTXOs 00:07:33 - UTXOs analogy to Gold 00:09:50 - Why UTXOs are unique to money 00:13:40 - Origin of all Bitcoin UTXOs 00:15:09 - Transparency and privacy aspects of Bitcoin 00:19:38 - Bitcoin privacy tools 00:25:09 - Run Your Business from Anywhere with NetSuite 00:26:15 - Dissident Dialogues 2024 00:27:48 - Heart and Soil Supplements 00:28:48 - Why it's important to manage your UTXOs 00:37:44 - Tyrannical governments, the privacy of Bitcoin, and CoinJoin 00:31:38 - Fedimints and Chaumian E-Cash 00:44:03 - Anthony's Biohacking Secrets 00:45:33 - Swan Bitcoin: Set up instant and recurring Bitcoin buys 00:47:05 - Bitcoin 2024: The largest Bitcoin and Fintech conference in the world 00:48:11 - Governments and Bitcoin hygiene protocol 00:58:11 - UTXOs and fees 01:03:58 - Concluding words // PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?RSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL //Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101 // WRITTEN WORK //Medium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ // SOCIAL //Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22All My Current Work: https://vida.page/breedlove22

Bitcoin: Explore the Whitepaper, and how it aligns with Austrian Economics, Understand UTXO , Explore Lightning Network & Liquid Network & Ordinal Inscriptions in Bitcoin

Blockchain DXB

Play Episode Listen Later Apr 20, 2024 48:14

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CryptoCafe

Play Episode Listen Later Apr 5, 2024 56:50

What Is Bitcoin Realized Price?

The Bitcoin Layer

Play Episode Listen Later Mar 12, 2024 28:58

Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, Nik presents an explainer on Bitcoin's realized price. In an effort to simplify the understanding of on-chain metrics, Nik gives us basic definitions of nodes, UTXOs (unspent transaction outputs), realized capitalization, and realized price. We look at the formula for realized price, and give several illustrations of the differences between market price and realized price. New YouTube videos M/W/F — New Substack posts T/R/S The Bitcoin Layer is brought to you by River. Visit https://river.com and start buying today, or use http://River.com/TBL to get up to $100 when you signup and buy Bitcoin Subscribe to TBL on Substack: https://TheBitcoinLayer.substack.com Follow TBL on Twitter: https://twitter.com/TheBitcoinLayer Follow TBL on LinkedIn: https://linkedin.com/company/TheBitco... Follow TBL on Instagram: https://instagram.com/TheBitcoinLayer Follow TBL on TikTok: https://www.tiktok.com/@thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Subscribe and turn on notifications for TBL on YouTube. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Sign up for the free Monetary History course on @SaylorAcademy : http://sylr.org/MonetaryHistory Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball Block Height 834282 #TheBitcoinLayer #NikBhatia #UTXO #RealizedPrice #OnChainMetrics #Node #BitcoinNode #Transactions #Output #Input #MarketCapitalization #MarketCap #MarketPrice #BitcoinExplained #FinancialEducation #BlockchainInsights #BTCUSD #BitcoinPrice #BitcoinChart #BTCCharts #BullMarket #BitcoinBullMarket #BitcoinBullRun #BitcoinToday #BitcoinAdoption #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #ETFPortfolio #ETFNews #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #Macro The Bitcoin Layer and its guests do not provide investment advice.Subscribe to The Bitcoin Layer on Soundwise

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Nick Dodson, CEO & Co-Founder of Fuel

Web3 Galaxy Brain

Play Episode Listen Later Feb 23, 2024 89:43

My guest today is Nick Dodson, co-founder and CEO of Fuel. Fuel is a moduler execution layer that's designed to facilitate performant L2 rollups. On this episode, Nick and I discuss the history of rollup design, the scaling challenges facing the EVM, and how his years of experience writing Solidity, EVM Assembly, and participating in the EIP process contributed to Fuel's design. We dive into Fuel's underlying UTXOs model, which allows Fuel nodes to validate transactions in parallel across multiple cores simultaneously. Finally we discuss Predicates, which are stateless conditions that can be attached to Fuel transactions, allowing users to pay for gas in ERC20s, SOL, or other coins, and to sign transactions with different eliptic curves like BLS, p256, or EDDSA. It was great learning more about the exciting technology Fuel has been cooking up for the past few years. I hope you enjoy the show. As always, this show is provided as entertainment and does not constitute legal, financial, or tax advice or any form of endorsement or suggestion. Crypto has risks and you alone are responsible for doing your research and making your own decisions. Links Hosted by @nicholas Fuel Docs Fuel Passkeys demo

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Read_801 - To Dust You Shall Return

Bitcoin Audible (previously the cryptoconomy)

Play Episode Listen Later Feb 19, 2024 44:18

"During the peak transaction fee times over the past month, our example transaction would be dust even for .001 BTC. That's a little less than $50 at current market conditions. This feels incredible. 100,000 sats suddenly turned into dust. Gone. Unusable. This is terrifying." ~ Joe Rodgers While we have a short respite from the crazy fees that have hit the Bitcoin world recently, there couldn't be a more important time to discuss the cost of moving UTXOs and just how to manage your bitcoin balances so they don't get swallowed by high fees. Have you analyzed your bitcoin balances and transactions to know where you stand? Have you consolidated your weekly purchases? Don't let your bitcoin turn to dust, listen to today's episode to learn how to protect yourself. Check out the original article at To Dust You Shall Return. (Link: http://tinyurl.com/kmuw7bn9) Links to other things mentioned in the shownotes Bitcoin Audible - Read_791 - Rethinking Lightning (Link: http://tinyurl.com/3j8yke2d) Guest Links Joe Rodgers on X (Link: https://twitter.com/_joerodgers) Joe Rodgers Website (Link: https://jrjr.meme/) Host Links Guy on Nostr (Link: https://tinyurl.com/yc376bff) Guy on X (Link: https://twitter.com/theguyswann) Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible) Check out our awesome sponsors! Get 9% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠) Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com) “The reason most people fail instead of succeed is they trade what they want most for what they want at the moment.” ~ Napoleon Bonaparte --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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Read_801 - To Dust You Shall Return

Bitcoin Audible

Play Episode Listen Later Feb 19, 2024 44:18

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97 - Coincards: Buy Gift Cards with Monero and Bitcoin

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Play Episode Listen Later Jan 31, 2024 39:17

Gabriel Custodiet talks to Mike from Coincards.com. This service allows you to buy gift cards for popular franchises with bitcoin, monero, and other crypto. Gabriel asks all the basic questions, the privacy and legal questions, and the more interesting questions: how to live off of gift cards, behind-the-scenes of the gift card industry, gift card suspicion, gift card privacy, and the future of gift cards. Guest Links →https://coincards.com/ (Use Tor Browser) →https://twitter.com/CoinCards →https://twitter.com/astupidmoose (Mike's personal Twitter) Watchman Privacy → https://watchmanprivacy.com → https://twitter.com/watchmanprivacy → https://www.amazon.com/Watchman-Guide-Privacy-Financial-Lifestyle/dp/B08PX7KFS2 Privacy Courses (supports the show) → https://rpf.gumroad.com/l/privatebitcoin → https://rpf.gumroad.com/l/hackproof Monero Donation (supports the show) →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy Please subscribe to and rate this podcast wherever you can to help it thrive. Thank you! → https://www.youtube.com/@WatchmanPrivacy →https://odysee.com/@WatchmanPrivacy Timeline 0:00 – Introduction 1:42 – What do we have to give up to use CoinCards.com 2:35 – Any problems with Tor Browser? 3:35 – Are you using BTCPay Server? 4:15 – Do you vet UTXOs? 4:50 – Do you reject transactions for any reason? 5:48 – Data retention policy 7:10 – Do companies know their cards came from Coin Cards? 9:50 – Rapid fire of basic features of Coin Cards 12:50 – How do we use digital gift card in physical store? 13:40 – Origins of Coin Cards (getting permission from gift card companies) 16:00 – What did you do with Bitcoin in the early days? 17:00 – Coin Cards guerrilla marketing 18:15 – Comparison to competitors 19:38 – Limitations of jurisdictions 21:58 – What wallet set up do you use? 23:30 – How do live on gift cards 24:30 – Problems with VISA gift cards 26:42 – Privacy problems of using gift cards 28:30 – Companies that ban for using gift cards (Amazon) 30:32 – Will gift cards get regulated? 31:40 – How much of “circular economy” BTC/XMR end with services like yours? 34:27 – Has there been a decline in Bitcoin use in last ten years? 37:00 – Percent of gift cards that have errors 37:15 – Future of Coin Cards 37:40 – Final thoughts #WatchmanPrivacy #CoinCards #BitcoinGiftCards #Monero

Cuidando dos seus UTXOs - Sessão Temática 41

Explica Bitcoin

Play Episode Listen Later Jan 23, 2024 72:16

Neste episódio do Sessão Temática, conversei com o Alexandre do projeto Go BTC sobre sua trajetória no bitcoin, sobre o projeto Go BTC e o uso do bitcoin como meio de troca e principalmente sobre como fazer uma boa gestão dos seus UTXOs. Links: Projeto Go BTC https://gobtc.com.br/ Texto sobre consolidação de UTXOs https://gobtc.com.br/22c2466935f94d38970182198c2d4c2c Texto do Doom https://btcdoomguy.substack.com/p/como-consolidar-suas-utxos-para-economizar https://btcdoomguy.substack.com/p/o-que-sao-e-como-cuidar-de-seus-utxo Quem quiser abrir uma conta na Bipa e ganhar uns reais de brinde, é só usar o cupom "explica" durante o processo de abertura ou clicar no link abaixo: https://bipa.app/convite/explica

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Read_792 - How CTV Helps Scale Bitcoin

Bitcoin Audible (previously the cryptoconomy)

Play Episode Listen Later Jan 17, 2024 49:00

"Part of the problem of Lightning's shortcoming regarding scalability of Bitcoin ownership is that in order to open a channel, or control a UTXO, you actually have to transact on the base layer. After that Lightning can facilitate a very large number of transactions off-chain but a user must still transact on-chain to onboard themselves to Lightning, It massively increases the number of transactions Bitcoin can process but it does nothing at all to increase the number of people who can own bitcoin. ~ Shinobi With scaling a hot issue again, and CTV coming back from the dead with concrete proposals, and covenants on the table, its time to dive back in and make sense of the options, and the concept of scaling not just bitcoin payments, as lightning has done, but Bitcoin ownership. From UTXOs to virtual UTXOs, could this primitive be the next major step in bringing Bitcoin sovereignty to the whole world? Check out the original article at How CTV Helps Scale Bitcoin. (Link: https://bitcoinmagazine.com/technical/how-ctv-can-help-scale-bitcoin) A great primer for this episode and discussion is Read_791 - Rethinking Lightning (Link: http://tinyurl.com/4wa6hxcv) Guest Links Brian Trollz on X (Link: https://twitter.com/guest) Brian Trollz on Bitcoin Magazine (Link: http://tinyurl.com/bded6sw8) Host Links Guy on Nostr (Link: https://tinyurl.com/yc376bff) Guy on X (Link: https://twitter.com/theguyswann) Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible) Check out our awesome sponsors! Get 9% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠) Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com) “The best way to find out if you can trust somebody is to trust them.” ~ Ernest Hemingway --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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Read_792 - How CTV Helps Scale Bitcoin

Bitcoin Audible

Play Episode Listen Later Jan 17, 2024 49:00

bitcoin helps scale lightning ctv utxo utxos bitcoin audible

Nodesignal-Talk - E157 - Die Sats müssen fließen 2.0

Nodesignal - Deine Bitcoin-Frequenz

Play Episode Play 12 sec Highlight Play 20 sec Highlight Play 6 sec Highlight Listen Later Jan 10, 2024 60:28 Transcription Available

In der heutigen Folge sprechen Calso, Jan-Paul und Thorsten über die Boosts der letzten anderhalb Monate und machen einen Rückblick auf die Veröffentlichungen aus den Monaten November und Dezember.Von und mit Calso, Jan-Paul und ThorstenProduziert und geschnitten: CalsoHier könnt ihr uns eine Spende über Lightning da lassen: ⚡️ nodesignal@getalby.comWenn euch unsere Arbeit gefällt, könnt ihr unsere Folgen auch auf Podcasting 2.0 Plattformen, wie Breez, Fountain oder Castamatic hören und uns so eine kleine Aufmerksamkeit da lassen. Danke an alle, die die Bitcoin Community mit ihren Spenden unterstützen! Mit diesen Spenden wird unter anderem unser Bounty Programm verwirklicht, in dem ihr euch für die Mitarbeit an einem Projekt eine Belohnung sichern könnt. Für Feedback und weitergehenden Diskussionen kommt gerne in die Telegramgruppe von Nodesignal und bewertet uns bei Spotify und Apple Podcasts. Folgt uns auch gerne bei Twitter.Blockzeit: 824047clarkmoody dashboardNodesignal-Talk – E110 – Was ist Bitcoin? Mit Ijoma MangoldNodesignal-Techboost – E136 – Air Gapped in Gefahr?Nodesignal-Talk – E141 – Security ModelNodesignal-Talk – E144 – Manage deine UTXO's!Nodesignal-Talk – E148 – Igel und FuchsNodesignal-Talk – E149 – Sag mal “Bitcoins institutionelle Finanzialisierung”Nodesignal-Talk – E150 – Boosts und Rückblick Oktober/NovemberNodesignal-Talk – E151 – Broken Money mit Lyn AldenNodesignal-Techboost – E152 – Bitcoin Transaktionen mit MurchNodesignal-Talk – E153 – Security Model die ZweiteNodesignal-Techboost – E154 – SimplicityNodesignal-Talk – E155 – Jahresabschluss 2023Timestamps:(00:00:00) Intro(00:00:21) Vorgeplänkel(00:03:37) Boosts(00:04:06) E110 Was ist Bitcoin - Ijoma(00:04:33) E136 AirGapped in Gefahr(00:05:27) E141 Security Model(00:06:01) E144 Manage deine UTXOs(00:08:26) E148 Igel und Fuchs(00:09:44) E149 Sag mal “Bitcoins institutionelle Finanzialisierung”(00:12:17) E150 Boosts und Rückblick Oktober/November(00:14:56) E151 Broken Money - Lyn Alden(00:19:30) E152 Murch + V4V Player Diskussion(00:30:04) E153 Security Model die 2te(00:37:54) E154 Simplicity(00:39:38) E155 Jahresabschluss 2023(00:44:49) Direktspenden(00:45:44) Unser Resümee V4V 2023

Episode 118: The Theme is Incentives

Bitcoin Dad Pod

Play Episode Listen Later Jan 6, 2024 61:09

Pre-Show A personal account of living in Turkiye under soaring inflation (https://stacker.news/items/376570), many trends described here are also happening in the US and Europe News The financial incentives of bitcoin are no joke, as Blackrock Names JPMorgan as Authorized Participant for Spot Bitcoin ETF (https://news.bitcoin.com/blackrock-names-jpmorgan-as-authorized-participant-for-spot-bitcoin-etf-despite-jamie-dimon-wanting-to-ban-crypto/) Blackrock's latest amended filing shows that it has named JPMorgan and Jane Street as the authorized participants for its spot bitcoin ETF. However, JPMorgan CEO Jamie Dimon recently said at a Senate hearing in reply to a question by Senator Elizabeth Warren (D-MA) that he would shut down cryptocurrency (https://news.bitcoin.com/jpmorgan-ceo-jamie-dimon-says-hed-close-crypto-down-if-he-were-the-government/) if he were the government, emphasizing that bitcoin and crypto are mainly used for criminal purposes. + Bitwise on X: "The findings are in. We surveyed 437 financial advisors across the nation to gauge their views on crypto assets. Here's what they had to say..." / X (https://twitter.com/BitwiseInvest/status/1742948461387866399) SBF's political crimes trial is not going to happen (https://archive.is/xTVXX) likely due to the US Presidential election in 2024 Sam Bankman-Fried's Political Donations: What We Know | TIME (https://time.com/6241262/sam-bankman-fried-political-donations/) Interactive: Here are the politicians who received money from FTX's Sam Bankman-Fried - MarketWatch (https://www.marketwatch.com/story/here-are-the-politicians-who-received-money-from-ftxs-sam-bankman-fried-11670359945) Sam Bankman-Fried will not face a second trial, U.S. prosecutors decide (https://www.foxbusiness.com/business-leaders/sam-bankman-fried-face-second-trial-u-s-prosecutors-decide) Economics Paying for oil in Indian Rupees is still unattractive (https://economictimes.indiatimes.com/industry/energy/oil-gas/no-takers-for-rupee-payment-for-oil-imports/articleshow/106255276.cms) as transaction costs are higher than paying in dollars Lyn Alden's latest piece on divergence in US Monetary and Fiscal Policy (https://www.lynalden.com/january-2024-newsletter/) predicts government deficits driving monetary policy in the futre cut + The US Congres has had multiple crypto bills (https://blockworks.co/news/congress-2023-midsession-update) but little movement and none likely in 2024 Privacy and Bitcoin Education We've been seeing more questions about UTXO consolidation. There are privacy ramifications and things to consider about UTXO consolidation. Pre-ETF buy/sell could be a good time to address this. Fees are "lower" right now. Weekends also tend to be better. The first recommendation is to check out a recent episode: Bitcoin Dad Pod Episode 116: Liquid Courage (https://bitcoindadpod.fireside.fm/116) We do a bit of a primer in there and chat some solutions. The second recommendation is to check out a very well-done multi-part series by Unchained Captial: What is a bitcoin UTXO and why do they matter? - Unchained (https://unchained.com/blog/what-is-a-utxo-bitcoin/) More UTXOs, more problems: High fees, signing failures, and how to avoid them - Unchained (https://unchained.com/blog/too-many-bitcoin-utxos/) UTXOs, addresses, and CoinJoins: Preserving privacy in a bitcoin economy - Unchained (https://unchained.com/blog/bitcoin-utxo-privacy/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

#36 The Christmas Special With the Idiots & Daz

The Why Bitcoin Show

Play Episode Listen Later Dec 24, 2023 75:04

Today's episode is an extremely unprofessional display of Aussie Bitcoiners talking smack, opining about all sorts of things and generally having a laugh. Basically a get together with some of my favourite peeps in the Bitcoin world. 0:04 – What's happening in Daz's world & intros 0:04:14 –Ordinals, UTXOs 21:24 – Boomers, Bitcoin, Custody and ETFs 34:29 – Keeping humble when the market shifts bullish AF 44:03 – Don't trust verify and consumerism rants 56:36 – NGU and do we take some chips off the table? 1:05:21 – Bullish AF Thanks to the Idiots (@StackingHats and @BitcoinBrendo), the dynamic duo of what once was once a famous podcast "The 2BitIdiots,and @dazbea - a thinker, father, author and energy wizard of the local Aussie Bitcoin scene. In case you're wondering, the dude with the Fabio head is Stacking Hats - the rest of us are doxxed. You can follow Stacking Hat's work at https://bitcoin-first.com/ and Daz's at https://lookingglasseducation.com/ (which he co-founded) and his book "B is for Bitcoin" a perfect primer for beginners. We spoke about UTXOs a fair bit and if you're keen to learn about how to consolidate those using Sparrow. Wicked Smart Bitcoin is an awesome resource in this regard - https://www.youtube.com/watch?v=krrUQGMKhPo To save yourself the hassle of checking the fees nonstop on mempool.space, check out The Fee Advisor app for Android by talented Australian developer @talej - https://play.google.com/store/apps/details?id=tfa.voltpay.app&hl=en_US Merry Christmas friends! Here's to a tremendous 2024. Edited by Sean Lowe. --- Send in a voice message: https://podcasters.spotify.com/pod/show/whybitcoinshow/message

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BCB137_BTC SESSIONS: UTXOs, Human Rights & Self Custody

Blue Collar Bitcoin Podcast

Play Episode Listen Later Dec 3, 2023 92:59

The extremely articulate & intelligent BTC Sessions (Ben) joins Dan & Josh for a fun and substantive chat about UTXO management, self custody, human rights & more. WE COVER: Ben's work with human rights activists & The Human Right Foundation The Canadian Trucker protests, Bitcoin's involvement, and Ben's takeaways UTXO management Self Custody best practices Multisig tips Bubble Baths Bitcoin Underwear BLUE COLLAR BITCOIN PODCAST DISCLAIMER HERE Watch video of this chat on YouTube here ITEMS MENTIONED: BTC Sessions YouTube Channel Seedhammer SHOW SPONSORS: HEATBIT— Earn Passive Income while heating and purifying the air in your home! The Heatbit is a Bitcoin miner that can produce up to $25 of Bitcoin per month while using the same amount of energy as any regular heater. HEAT. PURIFY. EARN. REPEAT. Use code BCB or Click the link for 5% off here CROWDHEALTH BTC — Visit joincrowdhealth.com/bcb and use code BLUE to get 1st 3 months massively reduced at $49/month. Harness the Power of Bitcoin + Health Care. SWAN — The place we choose to buy Bitcoin. Dollar cost average daily, weekly or monthly with a company that's Bitcoin only and encourages you to hold your own private keys. Visit Swan.com. For Swan PREMIUM FREE click HERE and use PASSWORD: bluecollarbitcoin COINKITE — code BCB for discount on ColdCard. Industry leaders in Bitcoin security hardware and fun devices, makers of the COLDCARD and other prominent items including opendime, satscard, tapsigner, the seedplate, coldpower, blockclock mini & blockclock micro. All available at coinkite.com BITCOIN 2024 — code BCB for 10% off tickets. Happening in Nashville July 25-27 2024, Get tickets early and get the best price possible! Visit b.tc/conference SUPPORT THE BCB PODCAST: Podcast 2.0 streaming on our favorite pod app, Fountain: You can earn & stream sats on Lightning Network while listening to pods! Also share and listen to standout clips with the Fountain community. SOCIAL MEDIA X → find Josh & Dan @blue_collarbtc, find BTC Sessions @BTCsessions https://twitter.com/BTCsessions NOSTR → Blue Collar Bitcoin Pub Key: npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37 YouTube → Subscribe Here Instagram & TikTok → find them on our website EMAIL: Send questions or comments to bluecollarbitcoinpodcast@gmail.com

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Tout ce que vous devez savoir sur la consolidation de pièces Bitcoin

Comprendre Bitcoin - Le Podcast

Play Episode Listen Later Oct 4, 2023 11:52

Si vous achetez du bitcoin en DCA pour le sortir sur votre propre portefeuille en self-custody, alors vous êtes peut-être en possession d'une multitude de petits UTXOs. Ces morceaux de bitcoins peuvent rapidement devenir embêtants lors des périodes de congestion du réseau et de hausse des frais de transaction. La consolidation d'UTXOs permet de résoudre ce problème. Dans ce podcast, nous vous expliquons tout ce que vous devez savoir sur la consolidation de pièces Bitcoin. Bonne écoute ! (Podcast disponible à la lecture sur le Blog "Comprendre Bitcoin" de Bitstack : Tout ce que vous devez savoir sur la consolidation de pièces Bitcoin) --- Ce podcast vous est présenté par Loïc Morel pour Bitstack, la première application en France qui vous permet d'épargner en Bitcoin sans aucun effort. ---

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The CBP - utxo, BTCPay Server Contributor / Developer

The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin

Play Episode Listen Later Sep 14, 2023 69:45

FRIENDS AND ENEMIES This week we welcome uxto. No, not the UTXOs that define how much Bitcoin you have in an address, but the person who has been a contributor / developer for BTCPay Server. You can find uxto on twitter at https://twitter.com/utxo_one or on Nostr at npub1utx00neqgqln72j22kej3ux7803c2k986henvvha4thuwfkper4s7r50e8 From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. ______________________________________________ This show is sponsored by: easyDNS - https://easydns.com/ EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - https://mission.bullbitcoin.com/cbp The CBP recommends Bull Bitcoin for all your BTC needs. With their new kyc-free options, there's never been a quicker, simpler, more private and (most importantly) cheaper way to acquire private Bitcoin. Use the link above for $20 bones, and take advantage of all Bull Bitcoin has to offer. --- Send in a voice message: https://podcasters.spotify.com/pod/show/canadian-bitcoiners/message

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Blockchain-Token, UTXOs und Accounts – Was ist das eigentlich?

Bitcoin, Fiat & Rock'n'Roll

Play Episode Listen Later Sep 10, 2023 29:08

Im Blockchain-Space redet man immer wieder von „Token“ und „UTXOs“. Doch was ist das eigentlich? Und wie unterscheiden sie sich von Blockchain-Accounts? Manuel gibt Antworten auf drei unterschiedlichen Ebenen.

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Parent child, recursion, UTXOs and more

The Ordinal Show

Play Episode Listen Later Jul 3, 2023 27:04

The Ordinal Show is a series of regular Twitter Spaces featuring conversations with amazing people from the Bitcoin Ordinals community. Every Mon at 10:30am ET & Wed at 6:30pm ET. Hosted by Trevor.btc, Jan and Leonidas. Follow us on Twitter: https://twitter.com/TheOrdinalShow Subscribe to our Substack: https://theordinalshow.substack.com

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Ark, o fim da lightning? - Com Diego Kolling

bitcoin script transactions arik utxos

Play Episode Listen Later Jun 11, 2023 105:49

Então você acha que a Lighting network é a solução para taxas altas e escalabilidade on-chain? Talvez você esteja enganado. 00:00 Sala de espera 02:30 "Open Protocols" video by @tip_nz 05:02 Introdução - Bloco 793284 07:49 Por que o protocolo Ark foi criada sendo que existem vários protocolos de segunda camada em cima do Bitcoin? - A definição, características e funções da Ark 18:44 Quais são os problemas da Lightning que o protocolo Ark busca resolver? - Principais críticas em relação à Lightning, sua comunidade e transações On-chain 32:15 Compartilhamento de UTXOs tiraria a utilidade da Lightning? - Wallets Custodiais sofrerão com Arks? 34:51 O cenário da Lightning está migrando para fees e roteamentos mais altos e maiores? - Existe incentivo econômico para operadores rodarem as Arks? 44:44 O que são PTLCs e Channel Factories? - E como resolvem vários problemas da Lightning 48:10 Motivações da criação do protocolo Ark e explicação de como funcionaria - Como seria usar meu UTXO dentro do Ark? 58:40 A remuneração dentro de Arks: Onde e como o dono da Ark ganharia algo? 59:42 Footprint quase zero e a questão da liquidez dentro das Arks resolveria o problema da segunda camada? 01:04:50 O grande plano das Coisas entre Arks e Lightning - Como se combinam? 01:12:45 Arks são cassinos que você troca UTXOs (notas) por fichas (v-UTXOs) para transacionar livre e depois voltar para notas enquanto Lightning é chegar em um bar com muitas notas (UTXOs) descontando em cada transação para recolher o que sobrou no fim? 01:16:44 Qual é o trade-off de uma Ark? - Mais detalhes do funcionamento de Arks e transações dentro delas 01:25:05 Camadas em cima de camadas no Bitcoin dificulta o uso do BTC para os usuários? 01:26:40 El Salvador poderia transformar a infra da Chivo em uma Ark Trustless com liquidez dos Volcano Bonds? 01:29:08 Os Arksets providers oferecerão serviços Lightning? 01:31:57 O protocolo Ark é um convite maior a centralização é algo ruim? 01:37:52 Se eu enviar 1 BTC para uma LN custodiante para depois passar para outra também igual e voltar para uma HardWallet seria um método parecido com Coinjoin? 01:43:30 Como está em Rolante? - Comunidades como a de Rolante poderiam se associar em uma Ark? ________________ APOIE O CANAL https://bitcoinheiros.com/apoie/ ⚡ln@pay.bitcoinheiros.com Loja dos Bitcoinheiros https://loja.bitcoinheiros.com/ Escute no Fountain Podcasts (https://fountain.fm/join-fountain) para receber e enviar satoshinhos no modelo Value4Value SIGA OS BITCOINHEIROS: Site: https://www.bitcoinheiros.com Youtube: https://www.youtube.com/bitcoinheiros Twitter: https://www.twitter.com/bitcoinheiros Allan - https://www.twitter.com/allanraicher Dov - https://twitter.com/bitdov Becas - https://twitter.com/bksbk6 Ivan - https://twitter.com/bitofsilence Instagram: https://www.instagram.com/bitcoinheiros Facebook: https://www.fb.com/bitcoinheiros Podcast: https://anchor.fm/bitcoinheiros COMO GUARDAR SEUS BITCOINS? Bitcoinheiros recomendam o uso de carteiras Multisig com Hardware Wallets de diferentes fabricantes ou próprias. Para ver as carteiras de hardware que recomendamos, acesse https://www.bitcoinheiros.com/carteiras Veja os descontos e clique nos links de afiliados para ajudar o canal Por exemplo, para a COLDCARD - https://store.coinkite.com/promo/bitcoinheiros Com o código "bitcoinheiros" você ganha 5% de desconto na ColdCard Playlist "Canivete Suíço Bitcoinheiro" https://www.youtube.com/playlist?list=PLgcVYwONyxmg-KH5bwzMU4sdyMbVMPqwb Playlist "Carteiras Multisig de Bitcoin" https://www.youtube.com/playlist?list=PLgcVYwONyxmi74PiIUSnGieNIPqmtmdjW ISENÇÃO DE RESPONSABILIDADE: Este conteúdo foi preparado para fins meramente informativos. NÃO é uma recomendação financeira nem de investimento. As opiniões apresentadas são apenas opiniões. Faça sua própria pesquisa. Não nos responsabilizamos por qualquer decisão de investimento que você tomar ou ação que você executar inspirada em nossos vídeos. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinheiros/message

Bitcoin transactions: The Bitcoin script and UTXOs

Two And A Half Coins

Play Episode Listen Later May 22, 2023 44:50

In the 5th episode of this series I interview Arik Sosman (our very first guest!) in order to learn more about Bitcoin transactions. Specifically, how the Bitcoin scripting language works, and what UTXOs are! You can find out more about Arik by following him on twitter: https://twitter.com/arikaleph?lang=en

263 | New Bitcoin Protocol Unleashes new NFT and SRC20 Standard | MikeInSpace

Jake Gallen's Guest List Podcast

Play Episode Listen Later May 16, 2023 52:03

MikeInSpace is the creator of the Bitcoin Stamps, a new NFT protocol on Bitcoin that inscribes data into the UTXOs of the transaction, causing it to be an "unpruneable" arbitrary data set on Bitcoin. Stamps leverages the Counterparty protocol to issue tokens. Mike is a Crypto veteran who has been in the space since 2013 and an early Rare Pepe community member.|MikeInSpace|• Twitter → https://twitter.com/mikeinspace• Website → https://stampchain.io/|CONNECT WITH JAKE|• Instagram → https://www.instagram.com/jakegallen/• Twitter → https://twitter.com/jakegallen_• Facebook → https://www.facebook.com/JakeNGallen• Linkedin → https://www.linkedin.com/in/jake-gall...|FOLLOW AND SUBSCRIBE THE PODCAST|• Website → https://www.jakegallen.com/• Youtube → Subscribe to this page• Apple Podcasts → https://podcasts.apple.com/us/podcast...• Spotify → https://open.spotify.com/show/7hQdRAz...• Google Podcasts → https://podcasts.google.com/?feed=aHR...• RSS Feed → https://feeds.buzzsprout.com/1005154.rss• Website → https://solo.to/theguestlistpod• Media Host → https://theguestlistpod.buzzsprout.com/

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BR036 - Lightning Privacy & Splice Panel ft. Tbast, Dusty, Tony, Jeff & Vivek

Bitcoin.Review

Play Episode Listen Later May 12, 2023 119:27

I'm joined by guests Tbast, Dusty, Tony, Jeff & Vivek to discuss lightning privacy and splicing. Discussion Topics: 00:01:17 Housekeeping 00:02:14 Guest introductions 00:04:29 Current state of LN privacy 00:05:40 Receiver privacy 00:06:58 Blinded paths 00:12:31 Obscurity of lightning 00:13:47 Onchain privacy compared to lightning privacy 00:19:57 Lightning privacy challenges 00:21:57 PTLCs 00:22:48 Routing and LSPs 00:24:20 Gossip filters 00:25:36 Gossip and BOLT7 summary 00:27:27 Speed of development 00:29:22 Lightning implementations and compatability 00:31:38 BOLT12 00:34:00 Why an additional node implementation? (LDK) 00:40:04 Feature experimentation and market validation 00:43:29 Communicating feature sets 00:45:05 Payment descriptions 00:47:32 Nostr and zaps 00:50:25 Custodial lightning and censorship resistance 00:54:39 Splicing 00:57:51 Scaling 01:01:32 Bitcoin core changes that would advance lightning 01:08:06 Testing, breaking and adversarial actions 01:12:48 Shadow channels 01:15:52 Splicing (cont.) 01:22:04 Payjoins and keysend 01:25:52 Blockspace concerns 01:34:04 Taproot channels and gossip 01:41:09 Splicing (cont.) 01:42:13 Signing, UTXOs and pre-signed splices 01:47:15 FROST 01:47:60 Swap-in potentium 01:48:49 ecash 01:53:18 Final thoughts Links & Contacts: Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: producer@coinkite.com Nostr & LN:⚡nvk@nvk.org (not an email!) Full show notes: https://bitcoin.review/podcast/episode-36

69 - Sparrow Wallet with Craig Raw

Play Episode Listen Later May 11, 2023 54:26

Gabriel Custodiet speaks with the creator and core developer of Sparrow Wallet, Craig Raw. They discuss some of Craig's background and his world, such as the dangers of South Africa and how they influence his mindset. Craig gives his insights into the history of Bitcoin wallets, his own coin control tactics, and the broader issues and potential paths of Bitcoin. If you're just starting with Bitcoin privacy, please see more introductory episodes such as Episode 27: https://youtu.be/Qz1-uiQZUUQ Guest Links → https://www.sparrowwallet.com/ → https://twitter.com/craigraw → https://t.me/SparrowWallet (Sparrow Telegram; beware impostors) Watchman Privacy → https://watchmanprivacy.com (newsletter, consultation requests) → https://twitter.com/watchmanprivacy → https://www.amazon.com/Watchman-Guide-Privacy-Financial-Lifestyle/dp/B08PX7KFS2 Privacy Courses (supports the show) → https://rpf.gumroad.com/l/privatebitcoin → https://rpf.gumroad.com/l/hackproof Monero Donation Address (If you can't see the whole string, double click in the middle to select all) →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy Please subscribe to and rate this podcast wherever you can to help it thrive. Thank you! → https://www.youtube.com/@WatchmanPrivacy →https://odysee.com/@WatchmanPrivacy Timeline 0:00 – Introduction 3:01 – How many people are using Sparrow Wallet? 3:58 – The problem of self-custody 6:39 – Why Sparrow as a symbol? 9:13 – Dangers of South Africa; how it influences Craig Raw's worldview 14:43 – History of Bitcoin wallets 19:57 – What would happen to Sparrow if Craig Raw disappeared? 22:45 – Why do we have to wait for Whirlpooling? 28:10 – How does Craig Raw do coin control? 32:07 – How safe is Sparrow Wallet as a hot wallet? 35:55 – How to “start over” with compromised wallets 38:40 – What should we do with bad bank UTXOs? 40:34 – Should Bitcoin be a store of value or medium of exchange? 43:10 – Craig a proponent of making Bitcoin more private on Layer 1? 45:03 – How would we change the encryption of Bitcoin if needed in the future? 47:47 – Importance of slow changes to Sparrow Wallet 51:17 – What Bitcoin services does Craig Raw use? 53:30 – Final thoughts #WatchmanPrivacy #SparrowWallet #CraigRaw #BitcoinPrivacy

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Entendendo UTREEXO e Floresta - com Davidson Souza

Play Episode Listen Later Apr 15, 2023 83:00

UTREEXO é uma implementação do protocolo Bitcoin que tem como objetivo reduzir significativamente o processamento e armazenamento de blocos nas máquinas rodando nodes para atender usuários com esses gargalos. Uma das possibilidades seria a sincronização de nodes soberanos em celulares de maneira rápida e segura utilizando um full node de confiança como ponte de 1kb para um estado avançado da rede, antes da criação da carteira no celular. O Davidson Souza esteve trabalhando na implementação do UTREEXO em Rust e agora está com um novo projeto que facilita a utilização desse tipo de node com carteiras que utilizam Electrum Server, o Floresta. Dov conversou com ele para entender melhor e começar a sua jornada nessa toca. Repositórios relevantes https://github.com/utreexo/utreexod https://github.com/Davidson-Souza/Floresta https://github.com/mit-dci/rustreexo Anúncio do Floresta e twitter do Davidson https://twitter.com/Erik17192799/status/1640831466085990400 https://medium.com/vinteum-org/introducing-floresta-an-utreexo-powered-electrum-server-implementation-60feba8e179d ZK Proofs https://twitter.com/BTCillustrated/status/1641223500084936706 Apresentação do autor do UTREEXOD e coautor da Lightning Network https://www.youtube.com/watch?v=6Y6n88DmkjU Para deixar feedback no Bitcoin Discord Entre no: discord.bitcoinheiros.com Acesse a pergunta https://discord.com/channels/791295335279493152/1019659099333464074/threads/1074850967054471278 Gravado no bloco 783648 00:00 Introdução 02:05 O que é o node UTREEXO e onde posso implementar para usar? 04:49 O que acontecerá quando eu estiver rodando um node UTREEXO? 05:47 Bitcoin Core e nodes: Fundamentos básicos do funcionamento da rede Bitcoin 10:48 Nodes Bitcoin: As funcionalidades para os usuários e a rede Bitcoin 13:05 Verificação de transações de bitcoin e a importância das UTXOS Set: Como são feitas e verificadas as transações? 18:42 Os problemas e dilemas de armazenar, re-escrever e ler grandes quantidades de UTXOs 26:54 Tipos de nodes: Os quatro tipos de nodes possíveis dentro da rede Bitcoin com o UTREEXO 30:04 O funcionamento, limitações e diferenças de um node UTREEXO 40:48 Um pouco mais sobre a história de Davidson Souza no Summer Bitcoin e no projeto UTREEXO 43:42 Projeto Floresta: Um Protótipo de UTREEXO em Rust que facilita a utilização em carteiras que usam Electrum Sever 49:34 Tutorial para quem deseja testar a Floresta e mais respostas para dúvidas sobre UTREEXO 01:01:37 Seria possível pegar a informação de Initial Block Download com UTREEXO confiável e não passar por ele? 01:07:35 Eu devo apenas usar o UTREEXO, Full Node ou os dois? - O UTREEXO e Floresta é mais eficiente e otimizado por seguir a XPub? 01:13:03 O que posso fazer para ajudar a melhorar o UTREEXO e Floresta sendo desenvolvedor ou usuário não técnico? ________________ APOIE O CANAL https://bitcoinheiros.com/apoie/ ⚡ln@pay.bitcoinheiros.com Loja dos Bitcoinheiros https://loja.bitcoinheiros.com/ Escute no Fountain Podcasts (https://fountain.fm/join-fountain) para receber e enviar satoshinhos no modelo Value4Value SIGA OS BITCOINHEIROS: Site: https://www.bitcoinheiros.com Youtube: https://www.youtube.com/bitcoinheiros Twitter: https://www.twitter.com/bitcoinheiros Allan - https://www.twitter.com/allanraicher Dov - https://twitter.com/bitdov Becas - https://twitter.com/bksbk6 Ivan - https://twitter.com/bitofsilence Instagram: https://www.instagram.com/bitcoinheiros Facebook: https://www.fb.com/bitcoinheiros Podcast: https://anchor.fm/bitcoinheiros COMO GUARDAR SEUS BITCOINS? Bitcoinheiros recomendam o uso de carteiras Multisig com Hardware Wallets de diferentes fabricantes ou próprias. Para ver as carteiras de hardware que recomendamos, acesse https://www.bitcoinheiros.com/carteiras Veja os descontos e clique nos links de afiliados para ajudar o canal Por exemplo, para a COLDCARD - https://store.coinkite.com/promo/bitcoinheiros Com o código "bitcoinheiros" você ganha 5% de desconto na ColdCard Playlist "Canivete Suíço Bitcoinheiro" https://www.youtube.com/playlist?list=PLgcVYwONyxmg-KH5bwzMU4sdyMbVMPqwb Playlist "Carteiras Multisig de Bitcoin" https://www.youtube.com/playlist?list=PLgcVYwONyxmi74PiIUSnGieNIPqmtmdjW ISENÇÃO DE RESPONSABILIDADE: Este conteúdo foi preparado para fins meramente informativos. NÃO é uma recomendação financeira nem de investimento. As opiniões apresentadas são apenas opiniões. Faça sua própria pesquisa. Não nos responsabilizamos por qualquer decisão de investimento que você tomar ou ação que você executar inspirada em nossos vídeos. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinheiros/message

58 - Bitcoin Privacy Returns: Seth for Privacy & BitcoinQnA

private hardware wallets utxos

Play Episode Listen Later Mar 22, 2023 102:37

Gabriel Custodiet speaks with Seth for Privacy and BitcoinQnA, two Bitcoin educators. They discuss updates on private, self-custodial Bitcoin tools in the past year (mid 2022 – early 2023). Topics include details of the Sparrow Wallet, Bitcoin resources, P2P exchanges, coin control, and Foundation's Passport hardware wallet and Envoy app. If you're just starting with private Bitcoin, watch this first: → https://www.youtube.com/watch?v=Qz1-uiQZUUQ Guest Links → https://foundationdevices.com → https://twitter.com/sethforprivacy → https://twitter.com/BitcoinQ_A → https://sethforprivacy.com (Seth's website) → https://bitcoiner.guide (QnA's website) → https://sethforprivacy.com/posts/why-i-focus-on-bitcoin (Seth's explanation for focusing on Bitcoin) Resources Mentioned → https://btcmap.org/map → https://thebitcoincompany.com/ → https://www.bitrefill.com/ → How I Live on Bitcoin: https://www.youtube.com/watch?v=F0IvkMKY5S8 → https://www.sparrowwallet.com → https://zeusln.app/ (Zeus) → https://phoenix.acinq.co/ (Phoenix Wallet) → https://github.com/cculianu/Fulcrum → https://agoradesk.com/ → https://kycnot.me (List of non-KYC exchanges) → https://raspiblitz.org/ → https://samouraiwallet.com/ → https://hodlhodl.com → https://peachbitcoin.com/ → https://learn.robosats.com/docs/quick-start/ → https://k3tan.com → https://ronindojo.io/ → https://lightningprivacy.com/en/introduction → https://specter.solutions/ (Specter Wallet) → https://foundationdevices.com/envoy (Foundation's companion app) → https://podcasts.apple.com/us/podcast/tales-from-the-crypt-a-bitcoin-podcast/id1292381204 (Tales from the Crypt) → https://podcasts.apple.com/us/podcast/citadel-dispatch/id1546393840 (Citadel Dispatch) → https://stephanlivera.com/ (Podcast) → https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 → https://www.amazon.com/Mastering-Lightning-Network-Blockchain-Protocol/dp/1492054860 → https://www.amazon.com/Basics-Bitcoins-Blockchains-Introduction-Cryptocurrencies/dp/B086XHV2FG → https://sovrnbitcoiner.com/ (The Sovereign Bitcoiner) → https://podcasts.apple.com/us/podcast/journey-to-sovereignty/id1659724032 (Foundation Journey to Sovereignty) → https://foundationdevices.com/blog → https://t.me/SamouraiWallet (Telegram group; privacy focus) → https://t.me/SparrowWallet (Telegram group; privacy focus) → https://foundationdevices.com/2023/03/privacy-on-nostr/ (Nostr) → https://foundationdevices.com/2022/03/passport-coinjoin/ (Buy Foundation Passport privately via CoinJoin) → https://coincards.com Watchman Privacy → https://watchmanprivacy.com (newsletter, consultation requests) → https://twitter.com/watchmanprivacy → https://www.amazon.com/Watchman-Guide-Privacy-Financial-Lifestyle/dp/B08PX7KFS2 Privacy Courses (supports the show) → https://rpf.gumroad.com/l/privatebitcoin → https://rpf.gumroad.com/l/hackproof Monero Donation Address (If you can't see the whole string, double click in the middle to select all) →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy Please subscribe to and rate this podcast wherever you can to help it thrive. Thank you! →https://www.youtube.com/@WatchmanPrivacy →https://odysee.com/@WatchmanPrivacy Timeline 0:00 – Introduction 5:14 – How to use bitcoin during fiat collapse 15:44 – What is your current Bitcoin setup: wallet, node, etc.? 32:25 – What are the developments in Bitcoin self-custody and privacy from mid-2022 to now? 41:26 – What is the best backup for Sparrow Wallet? 42:52 – Acquiring non-KYC bitcoin via P2P peer-to-peer exchanges 52:32 – What does Sparrow Wallet CoinJoin whirlpooling give us? 54:32 – Is it okay to combine whirlpooled UTXOs? 59:00 – Stonewall privacy option in Sparrow Wallet: why might it be greyed out? 1:00:57 – How should new Bitcoiners start using it with best bang for buck privacy? 1:06:30 – Foundation's Envoy app: solution for private Bitcoin? 1:10:10 – Basic summary of coin control (UTXO management) 1:14:43 – Suggested Bitcoin resources 1:22:25 – How does Foundation Passport hardware wallet stand out from the crowd? 1:31:40 – Can you treat the Passport as a mobile wallet? 1:33:32 – Acquire Foundation Passport privately 1:39:13 – Final thoughts

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S13 E5: Nicholas Gregory on Mercury Wallet & The Lightning Network Integration

Bitcoin Takeover Podcast

Play Episode Listen Later Feb 22, 2023 82:30

MercuryWallet is one of the most remarkable achievements in Bitcoin privacy. By virtue of Statechains, users can swap UTXOs without leaving any traces. More recently, CommerceBlock wants to bring Mercury to mobile devices with some cool Lightning features

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Own, control and understand bitcoin with sparrow wallet - Craig Raw

BIT-BUY-BIT's podcast

Play Episode Listen Later Feb 12, 2023 57:20

Own, control and understand bitcoin with sparrow wallet. In todays episode I spoke to Craig Raw the sole developer and maintainer of Sparrow wallet.Sparrow is a Bitcoin wallet for those who value financial self sovereignty. Sparrow's emphasis is on security, privacy and usability. Sparrow does not hide information from you - on the contrary it attempts to provide as much detail as possible about your transactions and UTXOs, but in a way that is manageable and usable. Craigs hope is that sparrow is as much a tool for education as it is a tool for interacting with the bitcoin network. Ive found this wallet really usable while still having all of the features you would expect from a modern Bitcoin wallet. Full support for single sig and multisig wallets on common script types A range of connection options: Public servers, Bitcoin Core and private Electrum servers Standards based including full PSBT support Support for all common hardware wallets in USB and airgapped modes Full coin and fee control with comprehensive coin selection Labeling of all transactions, inputs and outputs Lightweight and multi platform Send and receive to PayNyms, both directly (BIP47) and collaboratively Built in Tor Testnet, regtest and signet support Sparrow is unique in that it contains a fully featured transaction editor that also functions as a blockchain explorer. This feature not only allows editing of all of a transaction's fields, also easy inspection of the transaction bytes before broadcasting. I asked Craig about some of the features in the new release v1.7.2 and we went into detail on unique visual fingerprints for a wallets now being displayed in the Settings tab and passphrase entry dialog. This makes it easy for more visual people like myself to quickly recognise colours and shapes rather than a string of letters and numbers. We also discussed BIP329 which defines a standard for importing and exporting wallet labels. I was happy to see Craig pushing this forward as its an issue I'm currently experiencing myself and I don't think I'm alone. As other wallets implement this standard, it will become easier to migrate between different wallet implementations using seeds, output descriptors and label exports. It was a pleasure speaking to Craig and I hope you enjoy listening as much as I enjoyed recording. If you have any questions please feel free to reach out and ask me. Craig contact details. twitter - @SparrowWallet twitter - @craigraw Website - https://sparrowwallet.com/ Contact me. twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com As always please feel free to reach out and ask me any questions. Today you can exchange $1 for 4572 Sats (Sale ends soon.) Thank you Foundation Devices for sponsoring the show. Use code BITBUYBIT at check out for $10 off your purchase Website - https://foundationdevices.com/

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E300 Inheritance by Bitcoin Family Wallet

Simple Money Wins

Play Episode Listen Later Jan 11, 2023 11:09

A shared Bitcoin family wallet sounds like a simple way for your heirs to inherit upon your death. We'll discuss the advantages of this setup, as well as some important drawbacks. What is a Bitcoin family wallet? It is a shared Bitcoin wallet, but not a multisig wallet. It is a singlesig wallet/device/app that multiple family members have access to. Hot wallet example: husband, wife, and kids use an app and all of them have the password and seed phrase. Cold wallet example: husband and wife share physical custody of the hardware wallet, PIN, and seed phrase. The kids know where the parents keep the hardware wallet and perhaps even know the PIN (but not the seed phrase).. Pros of Bitcoin inheritance with a family wallet Compared to other inheritance solutions, a family wallet is easy to set up and maintain. Unlike mulitsig or secret sharing, there are no extra steps. If you are comfortable with self-custody, then you are most likely comfortable updating your hardware device and keeping firmware up-to-date. It is also easier to make transactions during your lifetime. If you want to send or spend during your lifetime, it is easier with singlesig. With multisig, you have to get multiple signatures, and with secret sharing you might have to reconstitute your key to sign any spending transactions. With a shared family wallet, for example, your just sign the transaction with no extra steps. Because the shared family wallet is one wallet (and everyone knows it's stored in mom's dresser), there is very little treasure hunting upon death. It's even easier if everyone knows the PIN. Cons of a Bitcoin family wallet It is extremely poor security to have so many different people with access to a single wallet. First, there is the risk of a family member going wayward and just taking the wallet. Sadly, there was a news story of a son who drugged his dad's tea to get to dad's Bitcoin. No family is perfect, and if someone decides they are entitled to something more, they have instant access to a shared wallet. Second, when you have multiple people who have full access to a wallet, there are multiple points of careless error. For example, the son doesn't quite appreciate how self-custody works and leaves his copy of the seed phrase laying around. Everyone who has access to the wallet needs to take steps to maintain a high level of security. They all need to understand that the seed-phrase needs to be better protected than saving it on Google Drive (bad idea!). Similarly, there will be varying levels of interest and understanding of self-custody among the family members. Inheritance problems with a Bitcoin family wallet Recently, we've seen a case with a shared family wallet and multiple family members have been contributing/purchasing into the wallet. That can cause confusion as to who really owns what. Sure, you can figure out which transactions and which UTXOs belong to which purchaser. But it creates accounting issues and increases the risk of family drama even to the point of litigation. Commingling of funds is never a good idea, and this is a good example as to why. Upon your death, the question becomes: who's the boss? Whenever the answer is unclear, it increases risk of family conflict. With legacy probate, it's usually legally clear who's in charge (the named executor or trustee). That named person has the authority over the estate and that person also bears all the responsibility. If there are multiple key holders, whoever starts signing first is in charge. It's easy to imagine someone sweeping the wallet into a different wallet and seizing control. Now that person gets to decide who gets what. That is a recipe for family drama. Another problem is: will your heirs figure out what to do with Bitcoin upon your passing? Even if you are a Bitcoiner, your kids may not care enough to figure it out. For example, our client called saying: “My son is very intelligent, but he has no interest in learning Bitcoin custody now. He says he'll figure it out if anything happens to me.” It's a bad idea for even the smartest people to try and figure out Bitcoin on the fly. They can still make stupid mistakes compounded by the emotional stress of the loved one's death. If you make a mistake with self-custody Bitcoin, the result can be catastrophic loss. You can't pursue unclaimed funds, and there is no password reset. Executor (can apply to Bitcoin) If you have a shared family wallet, you may want to consider naming a professional Bitcoin executor, hiring a professional service, or naming a friend who is very familiar with the process. My book, “How to Hire an Executor,” is not specific to Bitcoin, but it will help you understand more about professional executor services that are available. As you know, we love this topic. Please email your questions or leave a comment on other Bitcoin-related topics you'd like us to cover. Request your free consultation

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How Do Hardware Wallets Work?

Hell Money

Play Episode Listen Later Nov 30, 2022 42:46

In this week's episode, Casey gets over his holiday blues by mansplaining hardware wallets to Erin. Private keys, UTXOs, seed phrases, cold storage, privacy, and safety all discussed. FOLLOW HELL MONEY PODCAST: → Twitter: https://twitter.com/hellmoneypod → Casey's Twitter: https://twitter.com/rodarmor → Erin's Twitter: https://twitter.com/realizingerin → Podcast Links: https://hellpodcast.money/

43 - Bitcoin and Beyond: An Interview with Max Hillebrand

Play Episode Listen Later Nov 18, 2022 74:51

Gabriel Custodiet speaks with Max Hillebrand about the philosophy behind Bitcoin, as well as proper techniques for using it as it was intended. Along the way they discuss Monero, Max's appreciation for German economist-philosopher Ludwig von Mises, and Max's interest in Qubes OS. This conversation at times gets into the depths of Bitcoin, tackling the nature of UTXOs, Bitcoin taint, coin control, privacy holes in the Lightning Network, crossing borders with Bitcoin, and the Wasabi Wallet controversy. Guest Links → https://twitter.com/HillebrandMax → https://towardsliberty.com (Max's website) → https://bitcoinops.org/en/newsletters → https://bitcoinaudible.com Watchman Privacy → https://watchmanprivacy.com (newsletter, consultation requests) → https://twitter.com/watchmanprivacy → https://www.amazon.com/Watchman-Guide-Privacy-Financial-Lifestyle/dp/B08PX7KFS2 Bitcoin Privacy Course → https://rpf.gumroad.com/l/privatebitcoin Monero Donation Address (If you can't see the whole string, double click in the middle to select all) →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy Please subscribe to and rate this podcast wherever you can to help it thrive. Thank you! Timeline 0:00 – Beginning 7:27 – Why not use Monero? 10:14 – Underlying world view of Max Hillebrand 13:22 – How does Bitcoin solve the world's problems? 16:03 – Naming the enemies of Bitcoin privacy 24:03 – Erasing Bitcoin taint 27:59 – What is a UTXO? 31:20 – How confident can we be in CoinJoin? 37:44 – How to accumulate large amounts of Bitcoin privately 41:57 – Lighting Network for privacy? 45:21 – Rapid fire digital privacy tools 52:04 – Max's favorite Bitcoin resources 52:50 – Crossing borders with Bitcoin 56:46 – Wasabi Wallet controversy response by Max Hillebrand 1:04:39 – Gabriel thoughts on “aiding evil people with privacy” 1:11:17 – Final thoughts

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Bitcoin Privacy Through Statechains with Nicholas Gregory - WBD560

Play Episode Listen Later Sep 28, 2022 60:31

Nicholas Gregory is the CEO of Commerce Block, the company behind Mercury Wallet. In this interview, we discuss how they have used statechains to develop a virtual version of Opendime, the balance of trust and privacy on layer 2 protocols, and onboarding Lightning users. - - - - One of the most novel innovations to come out of the Bitcoin ecosystem in recent years has been Opendime. The aim was to turn Bitcoin into a version of physical cash. An Opendime, is essentially a USB stick, that can be traded between individuals without the need to confirm such transactions on the bitcoin base chain. The USB can be verified but is only redeemed by the last user, by breaking the device and accessing its private key. Opendime enables people to use Bitcoin as anonymous, untraceable cash. The limitation is that it requires a physical transfer. That was until Mercury Wallet was launched. Mercury Wallet is essentially a layer 2 protocol based on statechains. Statechains enable the offchain transfer of UTXOs (turned into a bearer asset referred to as a "statecoin") between parties. The limitation of statechains is the requirement for a trusted third party, in this case, Mercury Wallet. The third party is non-custodial; they collaborate as a blind partner in the cryptographic transfer of keys. Whilst there are theoretical security issues, they have been mitigated by Mercury Wallet. The issue to overcome is what tradeoffs people are willing to make between ease of use, value transfer and security requirements. But, this is just the first of a number of growing use cases for Mecury Wallet. It enables unlimited free swaps of Bitcoin UTXOs providing privacy benefits. Through the conversion of underlying assets into statecoins, the transfer of assets using Discreet Log Contracts can be facilitated. Further, by layering the Lightning network on top of statechains, it could even enable the transfer of Lightning channels.

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Bitcoin Privacy Through Statechains with Nicholas Gregory

Blue Collar Bitcoin Podcast

Play Episode Listen Later Sep 28, 2022 66:19

“We send around UTXOs, at the moment those UTXOs are Bitcoin, they could be lightning channels. Now, there's a lot of complexity there, but I think that's where we're gonna go where you'd be able to move around lightning channels, and that's like swapping around your checking account.”— Nicholas GregoryNicholas Gregory is the CEO of Commerce Block, the company behind Mercury Wallet. In this interview, we discuss how they have used statechains to develop a virtual version of Opendime, the balance of trust and privacy on layer 2 protocols, and onboarding Lightning users. - - - - One of the most novel innovations to come out of the Bitcoin ecosystem in recent years has been Opendime. The aim was to turn Bitcoin into a version of physical cash. An Opendime, is essentially a USB stick, that can be traded between individuals without the need to confirm such transactions on the bitcoin base chain. The USB can be verified but is only redeemed by the last user, by breaking the device and accessing its private key.Opendime enables people to use Bitcoin as anonymous, untraceable cash. The limitation is that it requires a physical transfer. That was until Mercury Wallet was launched. Mercury Wallet is essentially a layer 2 protocol based on statechains. Statechains enable the offchain transfer of UTXOs (turned into a bearer asset referred to as a “statecoin”) between parties.The limitation of statechains is the requirement for a trusted third party, in this case, Mercury Wallet. The third party is non-custodial; they collaborate as a blind partner in the cryptographic transfer of keys. Whilst there are theoretical security issues, they have been mitigated by Mercury Wallet. The issue to overcome is what tradeoffs people are willing to make between ease of use, value transfer and security requirements. But, this is just the first of a number of growing use cases for Mecury Wallet. It enables unlimited free swaps of Bitcoin UTXOs providing privacy benefits. Through the conversion of underlying assets into statecoins, the transfer of assets using Discreet Log Contracts can be facilitated. Further, by layering the Lightning network on top of statechains, it could even enable the transfer of Lightning channels.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is herePacific Bitcoin - Bitcoin‑only event, Nov 10 & 11, 2022Ledger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultTexas Blockchain Summit - Nov 17-18, 2022 | Austin, TexasBCB Group - Global digital financial Services-----WBD560 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

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BCB075_MORGEN ROCHARD: Bitcoin Financial Planning

Play Episode Listen Later Sep 22, 2022 75:50

CFA, CFP & Bitcoiner Morgen Rochard of Origin Wealth Advisors sits down with Dan & Josh to discuss the intersection of personal finance and Bitcoin. This Episode Covers… Personal finance fundamentals Tips to free up your cash flow Bitcoin in tax advantaged retirement accounts Debt – when is it good and bad? Tax strategies for Bitcoiners ITEMS MENTIONED IN THE SHOW: Morgen's Book Personal Finance Quickstart Guide (https://www.amazon.com/Morgen-Rochard-CFA-CFP-RLP/e/B08LBC9MQL) Morgen's Podcast “Bitcoin For Advisors” (https://podcasts.apple.com/us/podcast/bitcoin-for-advisors/id1572161822) Morgen's Firm - Origin Wealth Advisors (https://www.originwa.com/contact) SHOW SPONSORS: **CROWDHEALTH BTC**—Leverage the Power of Bitcoin + Health Care Crowdfunding to put decisions about your health back in YOUR hands. What if you didn't have to pay healthcare premiums anymore? What if you could invest in bitcoin instead? With CrowdHealth, you can put aside money for health expenses in your own account, and even hold a large part of it in bitcoin — if bitcoin goes up, you get the upside — not big insurance companies. Go to joincrowdhealth.com and use code BLUE now and experience freedom from health insurance by utilizing Bitcoin! **CAPITAL LOGISTICS**—Capital Logistics is a non-asset based third-party logistics firm specializing in temperature controlled freight. There are countless details involved with carrying perishable freight, and we are extremely well-versed in all aspects. Capital Logistics offers personalized, 24/7 service, unparalleled visibility on your shipments, and the most competitive rates on both domestic LTL and FTL trucking and cold chain solutions. Capital Logistics is a Blue Collar Company supporting Blue Collar Bitcoin! They also STACK BITCOIN on their balance sheet! Support Bitcoin Companies! (Domestic Freight — International Freight) **LEDN**—A Bitcoin forward financial services company that has chosen to mirror and embrace the transparency, accountability, and auditability of Bitcoin itself by undergoing Proof of Reserves. Use Bitcoin as collateral and access dollar loans with Ledn Bitcoin backed loans. Harness your Bitcoin holdings to buy a new property or finance the home you already own with the upcoming Ledn Bitcoin Mortgage Product. Save Bitcoin and USDC and have access to Ledn's Dollar Loans and trading service. You can look into Ledn's well architected menu of services at Ledn.io (All products and services subject to availability & jurisdiction.) RECEIVE $10 USDC by signing up and funding using the following link: start.ledn.io/bluecollarbitcoin **COINKITE**—Makers or the best Bitcoin security hardware in the world. Use PROMO CODE "BCB" for 5% off ColdCard Mk3 purchases at coinkite.com. Coinkite is the producer of the iconic ColdCard. ColdCard is widely regarded as the MOST secure signing device in existence, and can be used by beginners all the way up to the most advanced users (The 2 of us have relied on this device for years.) If you wanna get frisky, check out the BlockClock Mini, this beauty sits on a bookshelf or hangs on the wall and displays any metric about Bitcoin you can think of. BlockClock Mini is a lust worthy addition to any Bitcoiners home. Other Coinkite products include the OPENDIME, the SATSCARD, the TAPSIGNER, the SEEDPLATE, COLDPOWER and sweet hats. All available at coinkite.com. SUPPORT THE BCB PODCAST: ⇨PODCAST 2.0 STREAMING: You can stream us fractions of a cent via Bitcoin sats on the Lightning Network! We are live on Podcast 2.0 apps & wallets, including apps like Fountain, Breez & more. ⇨TIPS: strike.me/bcb (tips also open on Twitter) ABOUT TOM HONZIK: Tom is an author and member of the Concierge Team at Unchained Capital. He has a deep understanding of how the Bitcoin protocol functions, and he's expert in educating clients regarding Bitcoin self custody, multisig, and UTXOs. TWITTER: Follow Morgen @MorgenRochard (https://twitter.com/MorgenRochard), Follow Blue Collar Bitcoin Podcast @blue_collarbtc (https://twitter.com/blue_collarbtc) EMAIL: Send us questions, comments, or feedback at bluecollarbitcoinpodcast@gmail.com

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BCB073_Bitcoin UTXO Tech w/Tom Honzik of Unchained Capital

Blue Collar Bitcoin Podcast

Play Episode Listen Later Sep 15, 2022 60:14

Tom Honzik of Unchained Capital drops by BCB to chat with Josh & Dan regarding Bitcoin UTXOs and other tech topics. This Episode Covers… What are UTXOs (Unspent Transaction Outputs) and why they matter? How to balance transaction fees vs. privacy when it comes to UTXOs? Tom's thoughts on a variety of other Bitcoin topics, including self custody, fungibility, coinjoins & hardware wallets (signing devices). ITEMS MENTIONED IN THE SHOW: Tom Honzik UTXO UTXO articles (https://unchained.com/blog/author/tom/) Unchained Capital (https://unchained.com/) SHOW SPONSORS: **CROWDHEALTH BTC**—Leverage the Power of Bitcoin + Health Care Crowdfunding to put decisions about your health back in YOUR hands. What if you didn't have to pay healthcare premiums anymore? What if you could invest in bitcoin instead? With CrowdHealth, you can put aside money for health expenses in your own account, and even hold a large part of it in bitcoin — if bitcoin goes up, you get the upside — not big insurance companies. Go to joincrowdhealth.com and use code BLUE now and experience freedom from health insurance by utilizing Bitcoin! **CAPITAL LOGISTICS**—Capital Logistics is a non-asset based third-party logistics firm specializing in temperature controlled freight. There are countless details involved with carrying perishable freight, and we are extremely well-versed in all aspects. Capital Logistics offers personalized, 24/7 service, unparalleled visibility on your shipments, and the most competitive rates on both domestic LTL and FTL trucking and cold chain solutions. Capital Logistics is a Blue Collar Company supporting Blue Collar Bitcoin! They also STACK BITCOIN on their balance sheet! Support Bitcoin Companies! (Domestic Freight — International Freight) **LEDN**—A Bitcoin forward financial services company that has chosen to mirror and embrace the transparency, accountability, and auditability of Bitcoin itself by undergoing Proof of Reserves. Use Bitcoin as collateral and access dollar loans with Ledn Bitcoin backed loans. Harness your Bitcoin holdings to buy a new property or finance the home you already own with the upcoming Ledn Bitcoin Mortgage Product. Save Bitcoin and USDC and have access to Ledn's Dollar Loans and trading service. You can look into Ledn's well architected menu of services at Ledn.io (All products and services subject to availability & jurisdiction.) RECEIVE $10 USDC by signing up and funding using the following link: start.ledn.io/bluecollarbitcoin **COINKITE**—Makers or the best Bitcoin security hardware in the world. Use PROMO CODE "BCB" for 5% off ColdCard Mk3 purchases at coinkite.com. Coinkite is the producer of the iconic ColdCard. ColdCard is widely regarded as the MOST secure signing device in existence, and can be used by beginners all the way up to the most advanced users (The 2 of us have relied on this device for years.) If you wanna get frisky, check out the BlockClock Mini, this beauty sits on a bookshelf or hangs on the wall and displays any metric about Bitcoin you can think of. BlockClock Mini is a lust worthy addition to any Bitcoiners home. Other Coinkite products include the OPENDIME, the SATSCARD, the TAPSIGNER, the SEEDPLATE, COLDPOWER and sweet hats. All available at coinkite.com. SUPPORT THE BCB PODCAST: ⇨PODCAST 2.0 STREAMING: You can stream us fractions of a cent via Bitcoin sats on the Lightning Network! We are live on Podcast 2.0 apps & wallets, including apps like Fountain, Breez & more. ⇨TIPS: strike.me/bcb (tips also open on Twitter) ABOUT TOM HONZIK: Tom is an author and member of the Concierge Team at Unchained Capital. He has a deep understanding of how the Bitcoin protocol functions, and he's expert in educating clients regarding Bitcoin self custody, multisig, and UTXOs. TWITTER: Follow Tom @tom_honzik (https://twitter.com/tom_honzik), Follow Blue Collar Bitcoin Podcast @blue_collarbtc (https://twitter.com/blue_collarbtc) EMAIL: Send us questions, comments, or feedback at bluecollarbitcoinpodcast@gmail.com

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The Right to Bitcoin Privacy with Max Hillebrand

Play Episode Listen Later Sep 1, 2022 80:17 Very Popular

“It's seriously a matter of life and death. Humanity cannot survive under tyranny, it just dwindles away and dies. It's a really important fight, if we lose this one, we're screwed - the future is going to be substantially different, substantially different, and not in a good way at all.”— Max HillebrandMax Hillebrand is an economist and open-source entrepreneur who runs Agora Towards Liberty. In this interview, we discuss the release of Wasabi Wallet 2.0 that he has been contributing to, the importance of CoinJoin, providing easy privacy for everyone, and why the personal risks of facilitating privacy are worth it.- - - - Every year increasing volumes of personal digital data are being leaked. As the general public doesn't perceive the impacts to be immediately damaging, there is insufficient consideration for the risks posed by this creeping encroachment on privacy. But, it is the replacement of cash by digital currencies that is causing privacy advocates real cause for concern. Removing people's ability to transact is perhaps the most potent means of control outside of internment. Monitoring and censoring personal transactions by both private institutions and the state is becoming increasingly common. As we saw in Canada, the temptation to use such draconian measures can be too much for governments of all persuasions to resist. Bitcoin's censorship resistance is therefore the right tool at the right time. However, maximising the privacy utility of Bitcoin requires certain practices to be adopted by the user, and the application of the right tools. CoinJoin is one such practice, which re-establishes Bitcoin's fungibility by breaking the traceability of UTXOs. The issue to date has been that such a technique requires reasonably advanced technical skills. This is where Wasabi Wallet 2.0 seeks to help. It comes with CoinJoin as an automatic built-in function. Privacy as standard. This is a potential game-changer: privacy is obviously easier to maintain when more people are able to remain private.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is herePacific Bitcoin - Bitcoin‑only event, Nov 10 & 11, 2022Ledger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultTexas Blockchain Summit - Nov 17-18, 2022 | Austin, TexasBCB Group - Global digital financial Services-----WBD548 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

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The Right to Bitcoin Privacy with Max Hillebrand - WBD548

canada bitcoin privacy monitoring coinjoin wasabi wallet max hillebrand utxos

Play Episode Listen Later Sep 1, 2022 79:47

Max Hillebrand is an economist and open-source entrepreneur who runs Agora Towards Liberty. In this interview, we discuss the release of Wasabi Wallet 2.0 that he has been contributing to, the importance of CoinJoin, providing easy privacy for everyone, and why the personal risks of facilitating privacy are worth it. - - - - Every year increasing volumes of personal digital data are being leaked. As the general public doesn't perceive the impacts to be immediately damaging, there is insufficient consideration for the risks posed by this creeping encroachment on privacy. But, it is the replacement of cash by digital currencies that is causing privacy advocates real cause for concern. Removing people's ability to transact is perhaps the most potent means of control outside of internment. Monitoring and censoring personal transactions by both private institutions and the state is becoming increasingly common. As we saw in Canada, the temptation to use such draconian measures can be too much for governments of all persuasions to resist. Bitcoin's censorship resistance is therefore the right tool at the right time. However, maximising the privacy utility of Bitcoin requires certain practices to be adopted by the user, and the application of the right tools. CoinJoin is one such practice, which re-establishes Bitcoin's fungibility by breaking the traceability of UTXOs. The issue to date has been that such a technique requires reasonably advanced technical skills. This is where Wasabi Wallet 2.0 seeks to help. It comes with CoinJoin as an automatic built-in function. Privacy as standard. This is a potential game-changer: privacy is obviously easier to maintain when more people are able to remain private.

Show 132: Max Hillebrand - Privacy and Basic Money

Crypto Voices

Play Episode Listen Later Aug 9, 2022 135:01

Show support appreciated: donations.cryptovoices.com Show Sponsor: hodlhodl.com/join/cryptovoices Matthew, Alec, and Michel interview Max Hillebrand, Bitcoin and open-source entrepreneur. Max provides a full download on Wasabi 2.0. What went wrong with the first version, what went right, what they learned, what they struggled with, and how they are trying to improve and innovate the ease of use with and protection of one's UTXOs moving forward. Max goes around the horn and fields some good questions from the group. We finish with a review of Matthew's Q2 2022 update on the global monetary base, and as always, why it's fairly important to understand that stuff and how it relates to Bitcoin. Listen on to learn more. Links for more info: https://twitter.com/HillebrandMax https://wasabiwallet.io/ https://towardsliberty.com/btcpay/apps/27jLc1qpN8UXcQanHgeAsaEgLAio/pos Show Sponsor: hodlhodl.com/join/cryptovoices Hosts: Matthew Mežinskis, Michel, Alec Harris Music: New Friend Music newfriendmusic.com/ Site: cryptovoices.com/ Podcast & information Bitcoin, privacy, cryptoeconomics & liberty Thanks for listening! Show content is not investment advice in any way.

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#94 DeFiChain Demystified - What are UTXOs and why do we need them?

The DeFiChain Podcast

Play Episode Listen Later Aug 6, 2022 31:48

What are UTXOs, and why do we need them? No UTXOs, no transactions, but how does that work? Kuegi and Lord Mark will explain it so that everyone understands it. Simple like always with real-life examples.Enjoy —— The #DeFiChain is enabling #DeFi (Decentralized Finance) on #Bitcoin: https://defichain.com ► Subscribe to our YouTube channel if you don't want to miss out on any key updates: https://www.youtube.com/c/DeFiChain/featured?sub_confirmation=1 ► You can buy/trade DFI on any of these platforms: https://coinmarketcap.com/currencies/defichain/ ► You can stake DFI on https://cakedefi.com ____________ ► English Videos around this topic: https://www.youtube.com/c/DeFiChain ► German Videos around this topic: https://www.youtube.com/c/DeFiChainDE ► Italian Videos around this topic: https://www.youtube.com/channel/UCWtcqScbHlbzKP4TIUi5d9A ___________ Podcast: The DeFiChain Podcast Anchor: https://anchor.fm/the-defichain-podcast Spotify: https://open.spotify.com/show/4Vlp7oR4O9KD6TpSMhcPEr PocketCasts: https://pca.st/weovowl8 RadioPublic: https://radiopublic.com/the-defichain-podcast-8jVzVj Breaker: https://www.breaker.audio/the-defichain-podcast Google Podcasts app: https://www.google.com/podcasts?feed=aHR0cHM6Ly9hbmNob3IuZm0vcy82YWRiZDVjMC9wb2RjYXN0L3Jzcw== Apple Podcast: https://podcasts.apple.com/de/podcast/the-defichain-podcast/id1586147124 ——————— Follow us on Social Media: ► Twitter: https://twitter.com/defichain ► YouTube: https://youtube.com/DeFiChain ► Reddit: https://reddit.com/r/defiblockchain ► Telegram: https://t.me/defiblockchain ► LinkedIn: https://linkedin.com/in/defichain ► Facebook: https://facebook.com/defichain.official ► Instagram: https://instagram.com/defichain.official

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Sparrow Wallet w/ Craig Raw

Bitcoin Magazine

Play Episode Listen Later Jul 16, 2022 54:54

Craig Raw is the creator of the incredible Sparrow Wallet. Sparrow is a Bitcoin wallet for those who value financial self sovereignty. Sparrow's emphasis is on security, privacy and usability. Sparrow does not hide information from you - on the contrary it attempts to provide as much detail as possible about your transactions and UTXOs, but in a way that is manageable and usable. Lower your time preference and lock-in your BITCOIN 2023 conference tickets today! Use the code BMLIVE for a 10% Discount! https://b.tc/conference/2023 Use promocode: BMLIVE for 10% off everything in our store! https://store.bitcoinmagazine.com/ #bitcoin #bitcoinmagazine #money #btc #crypto #cryptocurrencies #cryptocurrency #cryptonews #buybitcoin #shouldibuybitcoin #lightning #wallet #sparrow

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OP RETURN Wars - Episode 61

Bitcoin Explained - The Technical Side of Bitcoin

Play Episode Listen Later Jul 15, 2022 26:18

In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost discuss OP_RETURN and what some have called the “OP_RETURN wars”. More specifically, they discuss a blog post by BitMEX research titled: “The OP_Return Wars of 2014 – Dapps Vs Bitcoin Transactions”. Aaron and Sjors start off by explaining that OP_RETURN is an op code (a piece of code for Bitcoin transactions) that will render invalid any transaction that includes it in an input. This means that outputs that include OP_RETURN are unspendeable, which in turn means that Bitcoin nodes can safely remove such UTXOs from their UTXO set, which safes on storage. Early in Bitcoin's years, people started using Bitcoin for more than just transactions. As one example given by Sjors, someone uploaded the entire Bitcoin white paper onto the blockchain. The BitMEX blog meanwhile explains that Layer Two protocols like Counterparty were rolling out decentralized applications on the blockchain. This type of non-transaction data was initially embedded in multisig transactions, but this meant that all Bitcoin nodes had to download, process and store this data forever, which comes at a cost. To mitigate this problem, Aaron and Sjors explain, Bitcoin developers in 2014 agreed to let nodes process and forward transactions with OP_RETURN outputs. These transactions would be better for uploading data, since their outputs can be removed form the UTXO set. The “OP_RETURN wars” refer to a debate between Bitcoin developers and (most notably) Counterparty developers over the maximum size of such transactions. Sjors explains why the maximum of 40 bytes was initially choses, why this was later increased to 80 bytes, and how these considerations have changed over time. BitMEX' blog post: https://blog.bitmex.com/dapps-or-only-bitcoin-transactions-the-2014-debate/ Sjors' book mentioned in the episode: https://www.btcwip.com/ Evan Kaloudis tells P & Q what hyperbitcoinization means to him. Lower your time preference and lock-in your BITCOIN 2023 conference tickets today! Use the code BMLIVE for a 10% Discount! https://b.tc/conference/2023 Use promocode: BMLIVE for 10% off everything in our store! https://store.bitcoinmagazine.com/ #bitcoin #bitcoinmagazine #hyperbitcoinization #money #whatismoney #whatisbitcoin #crypto #cryptocurrencies #globalmarkets

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E274 How Will Your Executor Handle a Bitcoin Crash?

Simple Money Wins

Play Episode Listen Later Jul 13, 2022 9:31

How will your executor handle a Bitcoin winter (or crash) like the one we're living through now? We'll compare a few likely scenarios depending on who you've chosen as your executor. But first, a few assumptions: You're a “maxi” (a Bitcoin maximalist – someone who really values Bitcoin in and of itself, and not just its conversion to dollars); You want your heirs to inherit the actual Bitcoin you've accumulated, not just the fiat dollar value on your date of death; and You believe Bitcoin's value in dollars will probably be very volatile for several more years. You understand that even if it's “down” during your probate, you want your executor to hang on to it. So here are a few scenarios: Professional executor, but doesn't “get” Bitcoin There are many attorneys and banks who are savvy in executorship and probate. In fact, banks have whole departments with trust officers that handle this. Once you find these experienced folks, do they have knowledge of Bitcoin? Maybe, but they probably have knowledge of crypto in general. Bitcoin maximalists consider themselves separate from the rest of the crypto universe. If your professional executor has only a light understanding of crypto in general, they will associate Bitcoin with the current crypto crash. During a crash, can they withstand psychological pressure to sell? Probably not. That's the most likely outcome with a professional executor that doesn't understand Bitcoin like you do. Maxi amateur executor Say you chose your buddy who is a fellow maxi but has never been an executor before. He probably has similar values as you and wants to hold on for dear life (“HODL”). But, he has very little knowledge of the probate process or experience being executor. If Bitcoin is going through a winter cycle during probate, the heirs may demand that he sell the Bitcoin so they can get their inheritance in cash. Can this amateur executor withstand threats of lawsuits, accusations of breach of fiduciary duty, and sob stories from heirs? Between dealing with that and also trying to HODL, it's going to be a lot of pressure. If the executor doesn't understand how to defend himself, he might be convicted enough to protect his own stack of Bitcoin. But he might give in to pressure from the heirs and sell their UTXOs so they leave him alone. Understandably, you want your executor to be experienced with Bitcoin, but you also have to weigh whether the executor can withstand the pressure. Professional Bitcoin Executor Your best bet is to find a professional Bitcoin executor. Investor Michael Burry, from the movie and book Big Short, ran a fund holding money for other people. He shorted the real estate market right before the crash of 2008. While the real estate market was doing well right before the crash, his positions were losing a ton of money. His investors wanted their money back and threatened to sue him. Burry kept saying no and told them to trust him. He even took technical steps to keep the investors' money in place to prevent investors from withdrawing. In the end, the recession happened, and all of those shorts exploded, allowing his investors to make 400 times their money. At the end of the movie, Burry sends out a one-liner email: “You're welcome.” In our estate scenarios of a Bitcoin winter, you need someone like Burry who is both convicted AND knowledgeable. You need someone who can carry out your wishes and do a probate-version of a side pocket to make sure he withstands the pressure and delivers the Bitcoin to your heirs. I hope to fill a similar role, and hope others will, too. I have the experience as a professional executor, and I am beginning to see the light of Bitcoin values. While this topic is very specific, you can still learn about hiring a professional executor in my book, “How to Hire an Executor.” Request your free consultation

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Episode 26: Lloyd discusses his bitcoin journey, current projects (GUN CLI wallet & FROST multi-signature protocol), and Lightning Network privacy (including how payment hubs may provide a solution).

Australian Bitcoin Podcast

Play Episode Listen Later Jul 2, 2022 121:23

Discount link: https://hardblock.com.au/join/ozbitcoinpod Guest: https://twitter.com/llfourn (https://github.com/llfourn) - Contact Lloyd to work on bitcoin development with him in Malaysia! Host: https://twitter.com/mission_bitcoin Notes - Lloyd's bitcoin journey and getting into bitcoin (and cryptography) development - Developing the GUN (Go Up Number) command line interface bitcoin wallet - Developing the stripped-down DLC (discrete log contracts) betting/wager extension for GUN - Working on FROST, a new multi-signature protocol that uses Schnorr threshold signatures with a single public key (rather than multiple public keys being disclosed on the blockchain like in 'traditional' multi-signature protocols) - Privacy-improving and data-saving (leading to fee-reducing) affects of Schnorr signature aggregation - History of why ECDSA (elliptic curve digital signature algorithm) was used initially over Schnorr signatures (spoiler: it's related to patents) - Lightning Network (LN) privacy considerations: - Where (on-chain) are your LN channel open transactions originating from? - Practical tip: using coinjoins or coinswaps before opening LN channels can improve privacy - Privacy versus convenience trade-offs when sending LN directly to your recipient versus sending via multiple intermediary hops first - More hops on a LN payment pathway is not always better (eg, it can lead to payment failure, and could erode privacy if multiple of those routing nodes are surveilling the network)) - Practical tips: keep all your channels unannounced ("private") and only connect with nodes you trust are not performing network surveillance - Will PTLCs (point time locked contracts) improve LN privacy more than currently-used HTLCs (hashed time lock contracts)? - Channel probing attacks exist today to discover "private" (ie, unannounced) LN channels and to determine their channel balance; this is exacerbated by public channels announcing all of their identifying details (which makes process-of-elimination and brute-force attacks more viable on the remaining unannounced channels) - What you do with your on-chain coins (UTXOs) after closing a LN channel can be important with regard to privacy; in fact, what your channel partners do with their on-chain UTXOs post channel close can also impact your privacy! - Practical tip: coinswap or coinjoin your left-over UTXO after closing a LN channel - Cross-layer links (ie, base-layer and LN layer) are bad for privacy, but some improvements are coming (eg, using unique channel aliases/IDs with each LN node you connect with, rather than a reused channel ID that can be linked easily back to your on-chain UTXO) - Practical tip: run your own node (but be mindful it can be done badly - there are cases when using a trusted third party may be better) - LN sender-side privacy is generally better than receiver-side, as a LN invoice to receive a payment will leak private information (eg, which UTXO belongs to the node) - Practical tip: don't re-use LN invoices - A potential LN privacy and convenience solution: using payment hubs, similar to the Tumblebit proposal and Chaumian e-cash mints (eg, FediMint or MiniMint), but with added improvements with regards to custody of funds and transaction output size - Attending the Asia-Pacific Bitcoin Socratic to help flesh out bitcoin improvements References https://bitcoinproblems.org https://github.com/bitcoin-sydney/socratic https://abytesjourney.com/lightning-privacy

Special: Dollar Cost Averaging (DCA) Bitcoin and Managing UTXOs (Unspent Transaction Outputs)

Australian Bitcoin Podcast

Play Episode Listen Later May 26, 2022 52:47

https://www.hardblock.com.au/join/ozbitcoinpod The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews. Thanks to our hosts: https://twitter.com/mission_bitcoin https://twitter.com/jeremy_m16 https://twitter.com/hardblockbtc https://twitter.com/ausbitcoinpod Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au Notes - What is dollar cost averaging (DCA'ing)? - Why dollar cost average (i.e., save in) bitcoin, rather than trade or invest? - How has HardBlock set up its buy and withdrawal features to best facilitate DCA'ing? - What is a UTXO (Unspent Transaction Output) and what is UTXO management? - How to choose the right size UTXO depending if you're saving or spending (keeping in mind things like convenience, fees, and privacy implications?)

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Why are Bitcoin Forks Contentious with Adam Back

Play Episode Listen Later May 19, 2022 76:41 Very Popular

“It's a competition of ideas… and it's a collaborative competition of ideas. So if you propose an organised set of ideas as a proposal, some parts of them might end up being good and used, and some parts might not. And you just have to be open to that.”— Adam BackAdam Back, an original cypherpunk, inventor of Hashcash and co-founder and CEO of Blockstream. We discuss the controversy around BIP 119: the soft fork proposal aiming to add “covenants” to Bitcoin. We also talk about the collapse of Luna. - - - - Flexible smart contracts are a USP of Ethereum and other blockchains. Currently, Bitcoin only enables basic smart contract functionality, such as a timelock that specifies when a transaction can be spent. BIP 119 proposes to add more flexibility for applying restrictions to transactions via a new programme operation code (opcode) called CheckTemplateVerify (CTV).CTV would enable conditions on spending UTXOs that would limit, not when they are spent, but how. These are referred to as “covenants”. It is envisaged CTV could significantly enhance Bitcoin by enabling a raft of new and powerful applications to be developed; these could bring new security, privacy and scalability benefits. The concern is that CTV is a significant change and could open up potential unknown security risks, or that if this functionality is desirable, it could be possible be better achieved with a different technical approachBIP119 has been authored and enthusiastically promoted by Bitcoin developer, Jeremy Rubin. It has been around now for 2 years, and whilst Rubin has generated support for BIP119, he has also faced criticism from prominent Bitcoiners for his approach and so far there doesn't seem to be consensus among the protocol development community on implementing the proposal.The consideration, approval and activation of changes to Bitcoin are methodical and slow. Further, such changes normally involve the development of competing ideas, and a collaborative approach to combine the best elements from these efforts. Notable critics feel that BIP119 is being too forcefully promoted and that more time is needed to test and consider alternatives.The pressure to innovate will always be there. The issue at hand is Bitcoin's USP: it has never been hacked. This has been hard-won. So it seems BIP119 isn't going to get a formal consensus at the moment. Rubin, however, could bypass the Core developers and implement a UASF. Could we again be about to test the limits of Bitcoin's rough consensus process? This episode's sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hostingLVL - Bank on BitcoinBCB Group - Global digital financial Services-----WBD503 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

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Why are Bitcoin Forks Contentious with Adam Back - WBD503

Bitcoin Explained - The Technical Side of Bitcoin

Play Episode Listen Later May 19, 2022 76:42

Adam Back, an original cypherpunk, inventor of Hashcash and co-founder and CEO of Blockstream. We discuss the controversy around BIP 119: the soft fork proposal aiming to add “covenants” to Bitcoin. We also talk about the collapse of Luna. - - - - Flexible smart contracts are a USP of Ethereum and other blockchains. Currently, Bitcoin only enables basic smart contract functionality, such as a timelock that specifies when a transaction can be spent. BIP 119 proposes to add more flexibility for applying restrictions to transactions via a new programme operation code (opcode) called CheckTemplateVerify (CTV). CTV would enable conditions on spending UTXOs that would limit, not when they are spent, but how. These are referred to as “covenants”. It is envisaged CTV could significantly enhance Bitcoin by enabling a raft of new and powerful applications to be developed; these could bring new security, privacy and scalability benefits. The concern is that CTV is a significant change and could open up potential unknown security risks, or that if this functionality is desirable, it could be possible be better achieved with a different technical approach BIP119 has been authored and enthusiastically promoted by Bitcoin developer, Jeremy Rubin. It has been around now for 2 years, and whilst Rubin has generated support for BIP119, he has also faced criticism from prominent Bitcoiners for his approach and so far there doesn't seem to be consensus among the protocol development community on implementing the proposal. The consideration, approval and activation of changes to Bitcoin are methodical and slow. Further, such changes normally involve the development of competing ideas, and a collaborative approach to combine the best elements from these efforts. Notable critics feel that BIP119 is being too forcefully promoted and that more time is needed to test and consider alternatives. The pressure to innovate will always be there. The issue at hand is Bitcoin's USP: it has never been hacked. This has been hard-won. So it seems BIP119 isn't going to get a formal consensus at the moment. Rubin, however, could bypass the Core developers and implement a UASF. Could we again be about to test the limits of Bitcoin's rough consensus process?

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Bitcoin Core 23.0 - Episode 56

Play Episode Listen Later Apr 25, 2022 34:54

In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost discuss Bitcoin Core 23.0, the upcoming major release of Bitcoin's de facto reference implementation. The duo highlights some of the most notable changes in this new software client, and they offer a bit of extra context about the release as well. At the time of recording this episode, Bitcoin Core 23.0 was still going through the release candidate phase, where the software is tested for bugs; Aaron and Sjors start by explaining how this process works, exactly. Then, throughout the episode, Aaron and Sjors highlight seven changes that are included in this new Bitcoin Core release: 1) the removal of the preference to connect with peers through port 8333, 2) the added support for CJDNS, 3) the inclusion of replace-by-fee transactions in the transaction fee estimation algorithm, 4) the inclusion of statically defined tracepoints, 5) a new tool to spot typos in bech32 addresses, 6) the addition of support for Taproot in the wallet, and 7) the new option to freeze certain UTXOs until some time in the future. Finally, Aaron and Sjors discuss how a bug in a software compiler had initially resulted in a bug in an earlier version of this Bitcoin Core release for Windows, giving an interesting insight in the complications with upstream dependencies.

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Building Access To Bitcoin For Everyone w/ SeedSigner

Meet the Bitcoin Taco Plebs - Bitcoin Magazine

Play Episode Listen Later Mar 28, 2022 45:14

To be frank, I didn't expect this podcast to be so profound! When I invited SeedSigner on to talk about his project, I was hoping to discuss all the cool technical aspects, his ideas for the future and Bitcoin 2022. While we touched on all of these awesome things, what I found really compelling in our conversation was the guiding principles of the project SeedSigner highlighted. Having access to Bitcoin, an open monetary network that does not debase your wealth, is a human right. Many countries or jurisdictions may stifle the bitcoin industry, making it impossible for some people to acquire hardware wallets that are otherwise common in the world. This project is an example of open-source software and engineering coming together to provide ever increasing access to Bitcoin. SeedSigner highlighted the importance of providing access to custody solutions that prioritize the DIY, verifiable and transparent aspects of hardware and software. While he did say that the project could potentially some day have a second form that would increase scalability and minimize self assembly, there are no solid plans for this now, as their full attention remains on the DIY side of things. One thing that stuck out to me from the conversation was his highlighting of the importance of fungibility and privacy. The two go hand in hand — if certain UTXOs are being labeled as criminal, those UTXOs must be subject to scrutiny that would deem them so. We also discussed if he thought CoinJoin and other similar privacy implementations are the key to this. Of course, I can't help but ask our current guests about Bitcoin 2022 — especially considering SeedSigner will be speaking there! If you haven't already, please check out his article on his experience at Bitcoin 2021. In it, he details how it was his first real Bitcoin gathering, introducing his project and more. At Bitcoin 2022, SeedSigner expressed his desire to continue to discuss his project with other people, but also, to finally catch up on all the other projects and happenings in the industry that seem to be flying by. I can fully relate to this feeling. Make sure to check out the entire podcast and follow SeedSigner on Twitter for more updates on this project. And of course, I hope to see you all in Miami!

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E250 What Does Taproot Mean for Bitcoin Estate Planning?

Simple Money Wins

Play Episode Listen Later Jan 26, 2022 14:36

Jimmy Song recently published a great article about what the Taproot upgrade could be for Bitcoin estate planning (video here). Taproot is the recent upgrade to the Bitcoin protocol, and we'll do our best to outline Jimmy's article in layman's and through the lens of an experienced executor. What are scriptspends? Taproot has added programmable spend instructions called scriptspends. As Jimmy writes, “Taproot essentially allows you to have as many alternative conditions for unlocking your Bitcoins as you want, making the addition of recovery options to be easy.” In past blogs, we've discussed other solutions like an emailed dead man's switch and sharding your phrase into several pieces. This upgrade potentially does away with all of that while using more elegant solutions. Cryptocurrency tools keep evolving for the better, and we can't wait to see ideas get developed. Potential recovery options with Taproot 1. Mutlisig With Taproot, you can “recover your UTXOs with a 2-of-5 multisig of 5 friends that don't know each other.” I am not sure how this is different from existing multisig solutions. Perhaps Taproot just makes it easier to implement a multisig? If you can enlighten me, please send me an email or comment. 2. 1-year time lock You can “recover your UTXOs after a time lock of 1 year and locked to a key belonging to a known service like Unchained or Casa.” This seems to be a type of “unclaimed funds” mechanism, where after a year of inactivity, access switches to a key held by a third party. As long as you access this Bitcoin once a year to show that it is an active account, nothing happens. But inactivity after 1 year authorizes the scriptspend to automatically give a third-party a key to access. Perhaps this should be a default setting for new wallets. Just like searching for unclaimed bank accounts after someone has died, this recovery option gives someone a way to recover, rather than being lost forever. 3. Degrading multisig Jimmy writes that you can ”recover using a gracefully degrading multisig of 3 of your family members where 3-of-3 is for immediate recovery, 2-of-3 after 6 months and 1-of-3 after a year.” For example, after 6 months of inactivity you would need 3 keys to spend. But after an another 6 months, sort of assuming you don't have access to 3 keys, your multisig requirement would reduce to just 2 keys. And eventually to just 1 key. Again, in the name of avoiding catestrophic loss. This is all to make up for the fact that Bitcoin is not like a regular bank. If you lose your password, there is no password recovery. You need multiple contingency plans, otherwise, it's gone. You're probably more likely to lose your password than to be hacked! With scriptsprend, these options seem to be only limited by imagination of programmer. That's very encouraging. Private recovery options Jimmy notes that “you only have to reveal the recovery method when you spend using it, so your friends don't even have to know that they're part of your backup plan! You just have to present them with what needs to be signed.” So, if you name 3 people as your multisig members, they don't have to know that they are back-up signors to a transaction. Similarly, you don't have to tell someone that they are your executor; they can discover that upon reading your will. The problem with this approach is that it assumes everyone knows how to (or is familiar with) use private keys. I'm not so sure this is realistic; we're just not at that point in time yet. Maybe you have enough tech-saavy signors in your group to meet a quorum. Perhaps you can use Unchained or Casa as a back-up. Or maybe even a Bitcoin-savvy professional executor? In this stage of development, it's probably not smart to rely on 3 family members with digital signatures. You'll need one or more people/companies who are familiar with the technical requirements. We hope this blog was helpful to you! We're trying an experiment - Bitcoin tipping! Any tiny amount is appreciated just to give us encouragement that you're interested in our crypto blogs and podcasts. We'll use those funds to set up a survey or develop more information on estate planning and cryptocurrency. Support the Podcast! ₿ Donate in Bitcoin ₿

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#281: Chinese mining theory, bitcoin divisibility, and UTXOs with John Carvalho

Tales from the Crypt

Play Episode Listen Later Nov 2, 2021 103:48

Join Marty as he sits down with John Carvalho to discuss: - John's Chinese mining theory - Is bitcoin divisible? - The UTXO set - The Lightning Network - Public mining companies - Holding your own keys - much more Follow John on Twitter Shoutout to our sponsors: Cash App Unchained Capital Braiins Compass Mining

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Investment Term For The Day - UTXO

Investment Terms

Play Episode Listen Later Aug 30, 2021 2:28

UTXO refers to the amount of digital currency someone has left remaining after executing a cryptocurrency transaction such as bitcoin. The letters stand for unspent transaction output. Each bitcoin transaction begins with coins used to balance the ledger. UTXOs are processed continuously and are responsible for beginning and ending each transaction. Although confirmation of transaction results in the removal of spent coins from the UTXO database, a record of the spent coins still exists on the ledger. UTXO or unspent transaction outputs are used in cryptocurrency transactions. These are the transactions that are left unspent after someone completes a transaction, similar to the change someone receives after conducting a cash transaction at the store.A UTXO database is used to store change from cryptocurrency transactions. This database or ledger is initially set to empty or zero. As transactions multiply, the database becomes populated with change records from various transactions.

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#109: Bitcoin Wallets w/ @BTCBap

Bitcoin Kindergarten Live Q&A

Play Episode Listen Later Aug 12, 2021 50:28

#109: Bitcoin Wallets w/ @BTCBap. Recorded live 8/11/21. Join us in discord if you want to be a part of the conversation discord.gg/uepmTXr @BTCBap comes back on to talk about the anatomy of a bitcoin wallet, UTXOs explained, public vs private keys, signature types, single sig vs multi sig and more This one's packed with info for new bit coiners you don't want to miss this one!

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Privacidade na Lightning

The Let's Talk Bitcoin Network

Play Episode Listen Later Aug 4, 2021 45:48

A lightning network oferece a possibilidade de você ter mais privacidade...mas o Dov mostrou que ainda é necessário estar atento a alguns detalhes pra você tirar o melhor dessa rede. Um vídeo importante para desmistificar alguns aspectos da lightning e alinhar suas expectativas. MINUTAGEM 00:00 Abertura 00:15 Privacidade na lightning network 04:48 Privacidade para receber na lightning (invoice) 06:45 Lightning Decoder - Decodificando o invoice 11:15 Privacidade da UTXO usada para abrir um canal público - Channel Point 15:30 Boas práticas com invoices 21:08 Privacidade em invoices - uma chave pública para cada invoice 22:03 Boas práticas na utilização de UTXOs para abrir canais - Coinjoin 28:35 Rodar um próprio node ou usar node de terceiros (carteiras como phoenix ou breez) 35:19 IP x TOR 26:32 AWS para fazer hosting do seu node 35:48 Canais privados não são privados 37:40 Alinhamento de expectativas sobre privacidade na lightning e conclusões Quer gastar Bitcoin? Veja primeiro se pode usar algum gift card da nossa patrocinadora Bitrefill!Acesse https://www.bitrefill.com/ ________________ APOIE O CANAL https://bitcoinheiros.com/apoie/ Loja dos Bitcoinheiros https://loja.bitcoinheiros.com/ SIGA OS BITCOINHEIROS: Site: https://www.bitcoinheiros.com Youtube: https://www.youtube.com/bitcoinheiros Twitter: https://www.twitter.com/bitcoinheiros Allan - https://www.twitter.com/allanraicher Dov - https://twitter.com/bitdov Becas - https://twitter.com/bksbk6 Ivan - https://twitter.com/bitofsilence Instagram: https://www.instagram.com/bitcoinheiros Facebook: https://www.fb.com/bitcoinheiros Podcast: https://anchor.fm/bitcoinheiros APOIE O CANAL: - Dê uma gorjeta em Bitcoin: https://bitcoinheiros.com/apoie/ - Inscreva-se no canal - Deixe seu comentário no vídeo - Dê um like no vídeo - Compartilhe o vídeo e o canal com amigos e familiares na sua rede social - Envie um email com seu comentário e sugestões: bitcoinheiros@protonmail.com COMO GUARDAR SEUS BITCOINS? Bitcoinheiros recomendam o uso de carteiras Multisig com Hardware Wallets de diferentes fabricantes. Busque por "canivete bitcoinheiro" em nosso canal para saber mais. - COLDCARD - https://store.coinkite.com/promo/bitcoinheiros (use o código bitcoinheiros para ganhar 5% de desconto) - TREZOR E BITBOX02 PARA RESIDENTES NO BRASIL E AMÉRICA DO SUL Revendedor oficial: https://www.kriptobr.com/?afiliado=1288 Acesse com nosso link acima para ajudar o canal! ;) - TREZOR PARA RESIDENTES EM OUTROS PAÍSES https://shop.trezor.io/product/trezor-model-t?offer_id=15&aff_id=3722 --- Send in a voice message: https://anchor.fm/bitcoinheiros/message

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WBD303 - Bitcoin Tech #1 - UTXOs with Shinobi

Play Episode Listen Later Mar 26, 2021

Checking your balance or sending Bitcoin can be as simple as opening an app or scanning a QR code and clicking send, but what is happening behind the scenes to make that happen?Unspent transaction outputs (UTXOs) are the monetary units of bitcoin. They are likes coins and notes in the traditional financial system but can be of any value. When accessing a wallet, the software creates your balance by totalling the value of all your UTXOs, and when you want to send someone Bitcoin, your wallet selects the UTXOs required to make up the amount you want to send. In many cases, wallet software abstracts away UTXOs so that the user does not have to consider them. However, it is a crucial part of the system that, when properly used, can help protect your privacy and reduce your transaction fees. In this interview, I talk to Shinobi, the host of Block Digest. We discuss UTXOs, what they do, how they work and the implications for both privacy and transaction fees.

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Bitcoin Tech #1 - UTXOs with Shinobi - WBD303

Play Episode Listen Later Jan 26, 2021 73:00

Location: Remotely Date: Tuesday 15th December Company: Block Digest Role: Host Checking your balance or sending Bitcoin can be as simple as opening an app or scanning a QR code and clicking send, but what is happening behind the scenes to make that happen? Unspent transaction outputs (UTXOs) are the monetary units of bitcoin. They are likes coins and notes in the traditional financial system but can be of any value. When accessing a wallet, the software creates your balance by totalling the value of all your UTXOs, and when you want to send someone bitcoin, your wallet selects the UTXOs required to make up the amount you want to send. In many cases, wallet software abstracts away UTXOs so that the user does not have to consider them. However, it is a crucial part of the system that, when properly used, can help protect your privacy and reduce your transaction fees. In this interview, I talk to Shinobi, the host of Block Digest. We discuss UTXOs, what they do, how they work and the implications for both privacy and transaction fees.

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Bitcoin Tech #1 - UTXOs with Shinobi

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Play Episode Listen Later Jan 26, 2021 73:00

“There is no such thing as a balance; Bitcoin is not a bank account… its actually a collection of UTXOs.”— ShinobiLocation: RemotelyDate: Tuesday 15th DecemberCompany: Block DigestRole: HostChecking your balance or sending Bitcoin can be as simple as opening an app or scanning a QR code and clicking send, but what is happening behind the scenes to make that happen?Unspent transaction outputs (UTXOs) are the monetary units of bitcoin. They are likes coins and notes in the traditional financial system but can be of any value. When accessing a wallet, the software creates your balance by totalling the value of all your UTXOs, and when you want to send someone bitcoin, your wallet selects the UTXOs required to make up the amount you want to send. In many cases, wallet software abstracts away UTXOs so that the user does not have to consider them. However, it is a crucial part of the system that, when properly used, can help protect your privacy and reduce your transaction fees. In this interview, I talk to Shinobi, the host of Block Digest. We discuss UTXOs, what they do, how they work and the implications for both privacy and transaction fees.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.-----WBD303 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Bitcoin News Roundup for Nov. 12, 2020

Markets Daily Crypto Roundup

Play Episode Listen Later Nov 12, 2020 7:48

With BTC breaking above $16K and DeFi reaching new record highs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com and Nexo.io.Today's stories: Bitcoin Price Breaks Above $16K for First Time in 3 YearsBitcoin's price breaks above $16,000, reaching an almost three-year high.Total Value Locked in DeFi Sector Hits Record $13.6BThe U.S. dollar value of the cryptocurrency liquidity locked up in decentralized finance is surging, buoyed by big gains for some lesser known projects.98% of Bitcoin's 'Unspent Outputs' Are Worth More Than When Made The percentage of bitcoin unspent transaction outputs (UTXOs) in profit recently topped 98%, the highest level since December 2017.US Representatives Rip OCC, Brooks for 'Excessive Focus' on CryptoCongressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic.

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Payment Pools and Taproot - NADO 6

Bitcoin Explained - The Technical Side of Bitcoin

Play Episode Listen Later Sep 25, 2020 35:55

In this episode of the Van Wirdum Sjorsnado, Sjors and Aaron discuss the future of Bitcoin Scaling. This podcast is all about Taproot and the cool feature it enables called Payment pools. Topics What are payment pools? Why they need Taproot. The UX of sharing UTXOs How Payment pools work with lightning Helpful Links: https://bitcoinmagazine.com/articles/building-on-taproot-payment-pools-could-be-bitcoins-next-layer-two-protocol Support the Show! Follow Bitcoin Magazine on Twitter @BitcoinMagazine Follow Aaron van Wirdum @AaronvanW Follow Sjors Provoost @provoost Music: Song Title: Segwit Sounds By: The NakamoTones Album: Citadel Music Produced by: Bitcoin Audio

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Episode 217 - Can You Own Bitcoin?

The Rollo and Slappy Show

Play Episode Listen Later Sep 22, 2020 68:51

Sometimes we like to engage in gratuitous nerding out, so in this episode, we discuss whether or not the control of UTXOs in the Bitcoin network constitutes ownership. Items discussed Against Intellectual Property by Stephan Kinsella Chat #46 - Stephan Kinsella on Intellectual Property in the age of Bitcoin - Bitcoin Audible Sponsor Liberty Mugs Keep in touch with us everywhere you are Join our Telegram group Like us on Facebook Follow us on Twitter: @RolloMcFloogle @Slappy_Jones_2 Check us out on Patreon Learn everything you need to know about Bitcoin in just 10 hours 10HoursofBitcoin.com

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The Van Wirdum Sjorsnado - Payment Pools and Taproot - NADO 6

Bitcoin Magazine

Play Episode Listen Later Aug 28, 2020 35:55

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Weekly News Roundup 08/07/20 (Microstrategy's Bitcoin position, Square's big Q2, ETC reorgs) (EP.110)

On The Brink with Castle Island

Play Episode Listen Later Aug 7, 2020 37:28

Nic and Matt cover deals and the news of the week. In this episode: Are we in a bull run or is fiat devaluating? Africa volumes growing on Paxful BCH contemplating redirecting block rewards to fund developers Electric Capital raises 110m Casa adds a direct buy bitcoin feature Dapper labs raises $12m with participation from multiple NBA players Matt's scoop about the Microstrategy Bitcoin position Grayscale files a form 10 for their Ethereum Investment Trust Whether Bitcoiners should try to appeal to goldbugs Why the world needs Bitcoin hardware that demonstrates UTXOs held Is DGC the biggest company in the crypto industry? Square's monster Q2 for Bitcoin Goldman has a new digital assets lead ETC keeps getting 51% attacked

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David Case: How Kronoverse is helping game developers to build on blockchain

CoinGeek Conversations

Play Episode Listen Later Jul 1, 2020 23:37

It’s been a busy couple of months for the gaming platform company Kronoverse. They received fresh investments from Persimmon Hill Ltd as well as a third investment from Calvin Ayre, founder of Ayre Group and CoinGeek. They are also set to announce the open beta date for their skill-based fighting game CryptoFights. David Case, Kronoverse’s Chief Architect, said that their platform will enable developers to build on the Bitcoin SV blockchain rather than the traditional networking layer of cloud servers. For gamers, it’s a new era of digital ownership of in-game assets and the chance to profit from trading items through a marketplace. After two and a half years of research and development, building their flagship game CryptoFights, Kronoverse is fully utilising BSV’s software development capabilities: “I fell in love with blockchain and the whole concept of having these immutable ledgers,” said David. “That brings so much value to competitive gaming because you’re not relying on an authority of some company’s database to tell you what happens.” But why BSV over the other blockchains? It comes down to scalability. As with many developers, Kronoverse’s journey started on Ethereum. But the Ethereum main chain was “very slow and very expensive” and David found its Proof of Authority system (an algorithm that increases the speed at which transactions are validated) was unsatisfactory compared to the principle of Proof of Work which governs the BSV blockchain: “as you start building these other things that ride on top of it, well then you end up having to recreate the blockchain again.” “In Ethereum you have this concept of ‘every validator needs to process every transaction in the exact same order’ - which means that from a development standpoint you’re always single threaded.” It was Bitcoin SV’s UTXO model which was the clincher. UTXOs (unspent transaction outputs) are processed continuously and are responsible for beginning and ending each transaction. “Rather than being single threaded you can be as multithreaded as there are different UTXOs in the database, so you can process billions of things at the same time” said David. That eliminates the speed limitations they experienced on other blockchains. As well as the fixed protocol, “the main killer feature on BSV that put it over the top, was opening up the opportune storage space. So, instead of having 200 bytes of data in one transaction, we can now put 100,000 bytes of data” allowing Kronoverse to put real, useful information on chain. In practical terms, that means each move a player takes in CryptoFights is permanently stored, publicly, on the blockchain. The source code to the game is also publicly available on the blockchain, which is revolutionary in eliminating in-game cheating. For gamers who purchase in-game items, the Kronoverse platform will allow true ownership of their gaming assets. In traditional centralized gaming, you never actually own the items that you purchase. For example, if there is a server issue or a gamer’s account is compromised or suspended, players risk losing their items. On the blockchain, purchased items will remain in a player’s control, even if they’re no longer playing a specific game, allowing them to trade or sell the items for profit. Kronoverse’s marketplace provides a space for trading gaming items but players can choose whether to use it or trade elsewhere. Understanding how to work on blockchain can seem like a different language for game developers, David said. But the Kronoverse platform unlocks the game developer experience on BSV. The platform provides developers with the tools to build their games on the blockchain by allowing them to use simple JavaScript without having to worry about blockchain technicalities.

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Next Level Bitcoin Privacy with Alex Gladstein & Chris Belcher - WBD233

bitcoin privacy next level chief strategy officer wasabi belcher human rights foundation alex gladstein samourai coinjoin utxos greg maxwell

Play Episode Listen Later Jun 19, 2020 82:55

Location: Zoom Date: Tuesday 16th June Project: Human Rights Foundation & Bitcoin Developer Role: Chief Strategy Officer & Independent Developer Privacy is a fundamental human right, and with society migrating away from physical to digital cash, we are losing one of the remaining ways to transact privately. Bitcoin is an entirely public ledger, in that every transaction is broadcast to everyone running the Bitcoin software. Anyone can view these transactions, but there are ways to obfuscate your spends and make it more difficult, or even close to impossible to follow the trail of transactions. Currently, the most widely used method for adding privacy to bitcoin is to use CoinJoin services like Wasabi or Samourai. These wallets allow you to add your UTXOs to a transaction along with numerous other participants. Coinjoin can significantly increase anonymity, depending on the number of other participants. Originally put forward by Greg Maxwell in 2013, Coinswap is a somewhat different method of anonymising your footprint on the Bitcoin network. Chris Belcher recently took the idea and put together a proposal and has received funding from the Human Rights Foundation to develop it. In this interview, I talk to Bitcoin developer Chris Belcher and Alex Gladstein, the Chief Strategy Officer at the Human Rights Foundation. We discuss financial privacy as a human right, Bitcoin privacy, financing devs and Chris' work on Coinswap.

Next Level Bitcoin Privacy with Alex Gladstein & Chris Belcher

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Play Episode Listen Later Jun 19, 2020

“The evolution of Bitcoin privacy has gone from creating doubt, to hopefully, in the future, making it impossible to link coins to a person. That is the key.”— Alex GladsteinLocation: ZoomDate: Tuesday 16th JuneProject: Human Rights Foundation & Bitcoin Developer Role: Chief Strategy Officer & Independent DeveloperPrivacy is a fundamental human right, and with society migrating away from physical to digital cash, we are losing one of the remaining ways to transact privately.Bitcoin is an entirely public ledger, in that every transaction is broadcast to everyone running the Bitcoin software. Anyone can view these transactions, but there are ways to obfuscate your spends and make it more difficult, or even close to impossible to follow the trail of transactions.Currently, the most widely used method for adding privacy to bitcoin is to use CoinJoin services like Wasabi or Samourai. These wallets allow you to add your UTXOs to a transaction along with numerous other participants. Coinjoin can significantly increase anonymity, depending on the number of other participants.Originally put forward by Greg Maxwell in 2013, Coinswap is a somewhat different method of anonymising your footprint on the Bitcoin network. Chris Belcher recently took the idea and put together a proposal and has received funding from the Human Rights Foundation to develop it.In this interview, I talk to Bitcoin developer Chris Belcher and Alex Gladstein, the Chief Strategy Officer at the Human Rights Foundation. We discuss financial privacy as a human right, Bitcoin privacy, financing devs and Chris’ work on Coinswap.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.-----WBD233 Show Notes: https://www.whatbitcoindid.com/podcast/next-level-bitcoin-privacy-with-alex-gladstein-chris-belcher-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Conseguir privacidad dentro de bitcoin: Coinjoin, PSBT, Payjoin...

Un podcast sobre bitcoin

Play Episode Listen Later May 12, 2020 30:17

Resumen:- Por qué me gusta la privacidad- BTC y los seudónimos- UTXOs y su importancia dentro de BTC- Compañías de análisis de cadena- Coinjoin- Partially Signed Bitcoin Transactions (PSBT)- Heurística: Common-Input-Ownership heuristic- Payjoin----Visita mi página de Patreon para más contenido:https://www.patreon.com/unpodcastsobrebitcoinSi te interesa hacer trading con Opciones en BTC o ETH, recomiendo Deribit.Usa este enlace para conseguir un 10% de descuento en comisiones: https://www.deribit.com/reg-10068.4393Consultas, comentarios y demás:Twitter: @alberto_meraEnlace a Bisq: https://bisq.network/get-started

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Jeremy Rubin and CHECKTEMPLATEVERIFY - Episode 3

The Chaincode Podcast

Play Episode Listen Later Jan 30, 2020 38:31

For our third episode, we talked to Jeremy Rubin about his recent CHECKTEMPLATEVERIFY proposal. During our discussion, we touch on the history of covenant proposals, vaults, payment pools, CTV's synergies with Taproot and more. Notes: What is CHECKTEMPLATEVERIFY (CTV)? (4:30) What is a covenant? (5:25) - CoinCovenants using SCIP signatures, an amusingly bad idea (2013) (7:15) - Bitcoin Covenants AKA MES16 paper (2016) (8:15) - Talk at Stanford Blockchain Conference (2017) (9:20) Why covenants? (11:43) Utxos.org Vaults (12:10) - Annuity type vaults (13:40) Payment pools (18:00) Synergies with Taproot (22:11) SIGHASH_NOINPUT/ SIGHASH_ANYPREVOUT (24:31) CTV and lightning channels (26:30) Congestion control (32:04) CreateNewBlock() (33:09) If you like this, find more shows at podcast.chaincode.com. Thank you to Matthew Zipkin for sound engineering.

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Beginner's Guide #6: How Bitcoin Works with Shinobi - WBD187

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Play Episode Listen Later Jan 21, 2020 121:00

Location: Skype Date: Friday, 17th January Project: Block Digest Role: Host Welcome to the Beginner's Guide to Bitcoin. Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be aggressive and unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing. Bitcoin does though, offer you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance and It has the potential to change the way the world. The goal of What Bitcoin Did has always been about making things simple; there are no stupid questions, and the show is here to help beginners navigate this new world. To kick off 2020, we are launching a special series to help beginners understand Bitcoin. We will be looking at the basics from breaking down the protocol to explaining the economics and discussing the potential societal shift. Beginners Guide Part 6 - How Bitcoin Works with Shinobi As a newcomer to Bitcoin, you can begin using the network without understanding the protocol. While in the early days Bitcoin required a level of technical knowledge, there is now a plethora of companies creating products which abstract this away. As Bitcoin is such a unique form of money, you should invest time in understanding some of the more complicated aspects such as how the protocol works. While there are good wallets which will take care of validating transactions for you, by operating a node, you can become fully self-sovereign by validating your transactions. The Bitcoin protocol is complicated, so in this episode, we give you an introduction and overview of how it works: Supply - Bitcoin has a fixed supply of 21 million coins and a fixed supply issuance. Starting at 50BTC per block this reward is cut in half every 210,000 blocks (or ~every four years). UTXOs - an Unspent Transaction Output which is used as an input for a new transaction. Open-source - openly available source code that anyone can access allowing anyone to review and contribute to the code. Consensus rules - the rules that full nodes must follow to be in agreement with all other nodes on the state of the blockchain Full Node - a program that verifies and validates all transactions and blocks for the entire history of the Bitcoin blockchain Mining - the process of adding transactions to the Bitcoin ledger and securing the network. Miners create blocks by spending energy in what is known as proof of work. The difficulty adjustment - this alters every 2016 blocks (~2 weeks) based on the time it took to mine the previous 2016 blocks, which is how the network can maintain a ~10 minute block time. In Part 6 of the Bitcoin Beginner's Guide, I am joined by Shinobi, host of Block Digest. In this episode, we are looking at how the Bitcoin protocol works. We discuss the supply & halvings, transactions & UTXOs, consensus rules, mining and nodes.

Beginner’s Guide #6: How Bitcoin Works with Shinobi