Tuesday, 1 June 2021

BMW M3 e92. Been holding for 4 years now, sold half of my net at $45k. Next sell will hopefully cover my next house. 🚀


https://bit.ly/3fGTM6q via /r/Bitcoin https://bit.ly/3g5SlgS

RGB protocol explanation for bitcoiners


I made a post on yalls where I tried to explain what RGB is and how it works from a high level perspective. I think Bitcoin and LN will be a settlement/payment network for any currency thanks to RGB in the future. To explain RGB, I show how RGB core concepts allows you to take a fresh look at what Bitcoin is technically. This post is for people who want to understand how RGB works under the hund without any code and how it uses Bitcoin and LN, it is quite technical.​If you want to read my explanation for free, I shared my post in the reddit r/RGB_protocol so you can read it there :) (I hope we will see more activity on the RGB sub with its adoption).The LNPBP association also made nice slides recently to illustrate how you transfert RGB asset on-chain here ! This is a great picture to understand how Bitcoin secure RGB transactions and how they happen.I hope some of you will enjoy it ! via /r/Bitcoin https://bit.ly/3fBpvWm

RGB for Lightning Network. I'm so excited.


"The classic example is CryptoKitties, those breedable NFT felines minted on the Ethereum network. Another perhaps less-familiar example comes from the RarePepe cards issued on Bitcoin using the Counterparty protocol.RGB could have a leg up on these forms of NFTs because RGB would allow you to send the computer file for the NFT in the same transaction as the asset that represents it. When you send a CryptoKitty as an ERC-721 token on Ethereum or a RarePepe “colored coin” on Bitcoin, the file for the actual collectible has to be transferred separately. With RGB, both asset and collectible can be “sent inside the same channel,” Zucco claimed.A more salient use case for RGB, according to Zucco, would come from issuing tether on the protocol. Since all transactions are handled off-chain, Zucco said RGB carries with it the promise to be possibly more private than even the Lightning Network.For something like the stablecoin tether, whose on-chain address on blockchains like Bitcoin, Ethereum, EOS and Tron can be easily tracked and, in extreme scenarios, blacklisted, this could bolster tether’s privacy and censorship resistance."RGB main properties:ConfidentialitySafetyScalabilityNo bitcoin timechain congestion: transactions keep only homomorphic commitments which require no additional storageFuture-ready without hardforksHigher censorship-resistance than in bitcoin: miners do not see that there is something going on with assets in transactionsSource: Link Link 2 via /r/Bitcoin https://bit.ly/3c8vuji

The Miami crypto conference is expected to draw more than 50,000 people


https://bit.ly/2Tz8aF6 via /r/Bitcoin https://bit.ly/2TzCoYz

At peace with whatever happens

Me and my son started mining in 2013... The butterfly labs systems would heat the entire home up north for every month except January... Still have memories of the constant humming noise... I sold almost everything in 2018 at the bottom due to cancer treatment... Looking forward there is still so much hope. The buzz for the next havening should start around early 2022... The stockpiling is inevitable for what should be a battle for the remaining coins... There will be no second chances at this stage. Nobody will want to part with this rare commodity. So if some unexpected regulations come along there is comfort knowing that this community is battle tested and will not simply roll over for the next so called crisis... We are large enough and strong enough to maintain BTC's value on our own... No worries about the mood swings of wallstreet or political Fuddsters.... Life is good for us believers... Onwards and upwards for the steady hands... Peace and prosperity brothers and sisters... for a better Future!



Submitted June 01, 2021 at 10:44AM by mercistheman https://bit.ly/3wPLler

Marathon Signals for Taproot

https://yhoo.it/3vGZfPZ

Submitted June 01, 2021 at 12:45AM by simplelifestyle https://bit.ly/3fE1q19

Wow we just broke 3,000,000 members!


That's really incredible. It's my sincere hope that we can take this moment and highlight the true use case of bitcoin as providing the world's first truly finite digital asset that allows true autonomy and sovereignty for anyone running taking their own private keys and running their own node with SPV (Simple Payment Verification). It's my hope that this post will bring to light the fact that these wallets that allow you to specify your own node are very few and far between (I only know of one on Android for example). Even more concerning is that even the base download for bitcoin core doesn't allow you to run SPV by default as you have to specify peerbloomfilters=1 in the config file.Either way bitcoin fam congrats on the big 3MM registered users in this sub! Let's not lose sight of what this is all about! 💪 via /r/Bitcoin https://bit.ly/3p6BxtY