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AnnouncementsAnnouncements

Welcome to the newsletter. With everything going on right now in the world of bitcoin, I just want to express my appreciation for Stacker News. The amount of quality information posted on this site, and the generosity of posters who help out those of us who are less technically savvy or experienced is heartwarming. This territory has certainly benefitted from this generosity. I am very happy to note that a new, timely @DarthCoin guide has been added to the index.

Have a good week!

Logo design by @plebpoet
Link to last week's newsletter: Bitcoin Beginners Newsletter - Issue 110

Top 5 Posts Of The WeekTop 5 Posts Of The Week

There will be a zap award for the top 5 posts weekly. It will be broken
down as follows:

  1. 1000 sats
  2. 250 sats
  3. 250 sats
  4. 250 sats
  5. 250 sats

I choose the top 5 posts each week based on sats, engagement, and
overall quality. The cut off time is 9:00am EST (1300GMT) Friday
morning. I will post the top 5 winners shortly after 9:00am every
Friday morning.

I reserve the right to not award any sats for the week. I also reserve
the right to deny sat awards to bare link posts. I recognize that link
posts can be valuable, so I will only exercise discretion for low
quality links that garner few sats or engagement from stackers.

  1. 🥇 1000 sats — Bitcoin is my Dread Pirate Roberts by @Scoresby
  2. 🥈 250 sats — How does low entropy hurt security? by
    @Undisciplined
  3. 🥉 250 sats — How to refill your emptied LN channels without Boltz swaps by @DarthCoin
  4. 250 sats — PSA: Advice Regarding the Coldcard Bug Exploit Hack Theft by @BITC0IN
  5. 250 sats — How do you move sats from LN to the timechain without a swap service? by
    @0xbitcoiner

Index

Learning ResourcesLearning Resources

The White PaperThe White Paper

Everyone knows about the white paper, but have you read it?
Here is the pdf.

Ecosystem MapEcosystem Map

@RadentorForNoxus has created a comprehensive ecosystem map. I believe
he intends to keep this list updated. Beginners will benefit from
checking it out, as will experienced bitcoiners.

Web SitesWeb Sites

  • Jameson Lopp's website is an
    incredible resource for people interested in learning about bitcoin at
    any level. Beginners should go to his Getting Started With
    Bitcoin

    page. For those who can do without Lopp's shitcoinery, here is a
    curated fork of the site.
  • DarthCoin Guides

DarthCoin Guides provide excellent step by step instruction for those
learning about nodes, particular wallets, and just about everything
else in the ecosystem.
Here is a link to DarthCoin's Github, where you can find all of
DarthCoin's guides:
https://darth-coin.github.io/

  • Why Bitcoin Only This is a massive
    trove of links, where you can find just about anything you're looking
    for. It's also fun to browse around.
  • Learn Me A Bitcoin Greg Walker
    explains bitcoin in a way that everyone can understand.
  • Get On BTC Five foundational lessons
    covering money, ownership, getting started, pitfalls to avoid, and
    FAQs. Includes wallet recommendations and an AI chatbot for questions.
    Great starting point for true beginners.
  • Opcode Explained Documenting bitcoin
    opcodes, one at a time.
  • Lightning Network Documents Good
    complement to the white paper.

Best Stacker PostsBest Stacker Posts

  • DarthCoin Posts

-- Zeus - Graduated LN wallet, a step by step guide for newbies by @DarthCoin
-- Zeus Node - Tips and tricks by @DarthCoin
-- Beginner guide: how to use different LN channel types by @DarthCoin
-- Zeus embedded node - quick recovery guide by @DarthCoin
-- Tips & tricks for mobile nodes users (w/neutrino) by
@DarthCoin
-- Quick class for LN newbies by @DarthCoin
-- Why bitcoiners are so "in love" using Tor for their BTC LN nodes? by @DarthCoin
-- Quick guide for small shops by @DarthCoin
-- Blixt Wallet - Tips and tricks by @DarthCoin
-- Bitcoin Historical Phrases by Andreas Antonopoulos by
@DarthCoin
-- How to create a private Lightning Network by @DarthCoin
-- Do you need a quick BTC LN node to travel? Here is a trick by @DarthCoin
-- Zeus updated guide - recovering zombie channels by @DarthCoin
-- Explain Lightning Network in a simple analogy by @DarthCoin
-- Choose wisely your LN wallet you want to use by @DarthCoin
-- BDMD #1 - Bitcoin was hacked / will be hacked by @DarthCoin
-- BDMD #2 - Govs will shut down internet, so Bitcoin is dead by @DarthCoin
-- BDMD #3 - Bitcoin is illegal because it is not legal tender by @DarthCoin
-- Bitcoin Accepted - PoS systems by @DarthCoin
-- Managing LN wallets liquidity by @DarthCoin
-- Getting Started with Alby Hub by @DarthCoin
-- The best articles debunking Bitcoin FUD by @DarthCoin
-- BDMD #4 - Bitcoin is like all other digital currencies, nothing new by @DarthCoin
-- SHTF scenario - How to restore a dead LND node? by @DarthCoin
-- Travel with family and self-custody - use case scenario by @DarthCoin
-- Zeus quick guide: migrate node to new LN implementations by
@DarthCoin
-- How to start using zaps on nostr with Zeus by @DarthCoin
-- Bitcoin Beginner Saloon #3 by @DarthCoin
-- How to refill your emptied LN channels without Boltz swaps by @DarthCoin

  • Top Posts Of All Time

Here you will find a few of the top posts to this territory. I am not
going to adhere to a rigid zaprank system, since my purpose is to
highlight content that has educational value. I will use an informal
combination of zaprank and my own evaluation. For instance, some posts,
though of high quality, are solely about Stacker News, and might have
more appropriately originated as a meta post.

-- Explain Lightning Network in a simple analogy by @DarthCoin
-- Bitcoin Mining Industry Introduction by @catoshi
-- How do you guys use bitcoin to pay for day to day things? by @mateusdeap
-- UTXO consolidation - What's you best option(s)? by
@BitcoinIsTheFuture
-- The bitcoin beginner's guide to Public Key Encryption by
@frostdragon
-- What If You Need to Relearn Bitcoin from Scratch Again? by @Natalia

Interesting

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