What do you wanna learn about?
1249 sats \ 14 comments \ @Fabs 1 Mar bitcoin_beginners
I'd like to start posting more specific content that's actually desired, and thus, I thought I may start with the ~bitcoin_beginners territory, as I thoroughly enjoy (personally) writing about Bitcoin's technical side- something which can be quite a hassle to many to get a grip on.
If y'all want me to shed a light on any specific part, let me know and I'll let you know if I'm actually capable to do so, or not. 😄
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21 sats \ 1 reply \ @BTCFC 1 Mar
I currently have an idea for running my own business (still just an idea, nothing started yet) but eventually I strive to make this idea a reality, and so my question would be, how can I implement Bitcoin into my future business, in terms of accepting payment as smoothly as possible, run a node or not, things of that nature. Any advice, especially on the technical side would be very much appreciated!
Also, I'm definitely no techy so for me I understand Bitcoin and it's importance more from a non technical, economic perspective, but in your opinion do you think it's paramount that I learn at least the basic technical side of Bitcoin, and where would you recommend I start?
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31 sats \ 0 replies \ @Fabs OP 1 Mar
I mean: knowing the basics in regards to what happens after you send a transaction, or what an HD-wallet is and how it works, knowing that too many small UTXO's can become costly in different ways, as well as what a UTXO even is, wouldn't be bad to know IMHO.
You'd want to know what's the smoothest, fastest, cheapest and most comfortable way to receive payments? Cool.
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21 sats \ 11 replies \ @siggy47 1 Mar
One thing that I think would be valuable would be a basic, explain it to me as if I was five with graphs, explanation of how to identify and track different types of bitcoin transactions on the block chain.
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76 sats \ 5 replies \ @DarthCoin 1 Mar
₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ⚡️ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ₿ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ⚡️ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿
Do you know what represent this? :)
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100 sats \ 4 replies \ @Fabs OP 1 Mar
Nice Bitcoinribonucleic double helix you're rocking there, albeit not that symmetrical.
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0 sats \ 3 replies \ @DarthCoin 1 Mar
markdown format is kinda weird for this stuff, it remove the spaces
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100 sats \ 1 reply \ @siggy47 1 Mar
It must be a depiction of opening and closing lightning channels, I guess, but can you explain the significance of the shape? For instance, where on chain and lightning appear to switch places? I knew we needed you back!
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76 sats \ 0 replies \ @DarthCoin 1 Mar
It should look like this, but for some reason the spaces at the beginning of each row are removed in markdown.
The representation is about:
  • the strong relation between BTC (onchain) and LN (offchain). They can't evolve without each others. They must run together.
  • as you said correctly it represent also the IN/OUT swaps from a LN channel and also opening and closing LN channels.
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0 sats \ 0 replies \ @Fabs OP 1 Mar
Nothing a good bowl of spaghetti can't fix, no?!
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76 sats \ 4 replies \ @Fabs OP 1 Mar
Hm, could you expand on that? What types of transactions exactly?
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0 sats \ 3 replies \ @siggy47 1 Mar
These types: https://blog.cotten.io/an-overview-of-bitcoin-transaction-types-f22677b8e5a9
You may say, hey, this guy already did it. But I mean a more basic, step by step describing what is happening and how it appears in a blockchain explorer.
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76 sats \ 2 replies \ @Fabs OP 1 Mar
Hm, more compact and more detailed then... I'll have to think that one through, but I agree, it's a good one.
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0 sats \ 1 reply \ @siggy47 1 Mar
Just a suggestion. I will come up with them, but it's your call. You have to do the heavy lifting!
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76 sats \ 0 replies \ @Fabs OP 1 Mar
Keep it coming, chief!
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