Announcements (Including a Potentially BIG one)Announcements (Including a Potentially BIG one)
Welcome to this week’s newsletter.
@bitalion gave us the Top Post Of The Week, with a detailed write up explaining how to buy non-KYC bitcoin with lnp2pbot. We also were treated to two more instructional @DarthCoin link posts. I’m particularly excited by @justin_shocknet’s LightningPub/Shockwallet setup. Thanks to everyone who contributed this week.
Top Post Of The Week ExperimentTop Post Of The Week Experiment
- I don’t know how many of you read this newsletter carefully, but I have come up with a new idea to juice the contest a little. Due to improved territory income at SN, I have decided to try the following:
- Currently, I award a total of 2000 sats per week for Top Posts. The #1 Post gets half, and #’s 2-5 share the other half. Next week, I will award a total of 2000 sats OR the average daily award for the territory, whichever is higher. If it’s a success, I will make it permanent. If it works, I will be giving 14% of each week’s territory revenue to the top stackers.
- This is a win-win. It will help the territory, while providing top posters the opportunity to earn many more sats. It’s probably a long process, and I’ll see how it evolves, but eventually I would like this territory to be a place where high quality posts can start earning more sats on a regular basis.
Logo design by @plebpo Link to last week’s newsletter: #683225
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:
- 1000 sats
- 250 sats
- 250 sats
- 250 sats
- 250 sats
Posts will be judged using SN zaprank. 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 hope I don’t need to suspend awards, so I will keep the bar low. Also, I reserve the right to deny sat awards to bare link posts. I recognize that link posts can be valuable, so I will only only exercise discretion for low quality links that garner few sats or engagement from stackers.
This Week’s Winners:This Week’s Winners:
- Buy or Sell Bitcoin without KYC with lnp2pbot by @bitalion
- LightningPub / Shockwallet video demo setup 🎥 by @DarthCoin
- If you understand freedom, you would buy Bitcoin by @hasherstacker
- Bitcoin Ekasi: Coaches and Grocery Stores accept Bitcoin by @hasherstacker
- How Lightning Network routing works 🎥 by @DarthCoin
DarthCoin PostsDarthCoin Posts
- 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
Learning ResourcesLearning Resources
The White PaperThe White Paper
Everyone knows about the white paper, but have you read it? Here is the pdf.
DarthCoin’s GuidesDarthCoin’s Guides
DarthCoin is a somewhat controversial figure with a manner that may take some getting used to, but I think his guides are excellent as step by step instruction. The sentence structure might be unconventional, and he may express some strong opinions, but you will learn what he has set out to teach you. Here is a link to DarthCoin’s Substack Page, where you can find all of DarthCoin’s guides: https://darthcoin.substack.com/
Radentor’s Ecosystem MapRadentor’s Ecosystem Map
@Radentor 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.
Why Bitcoin OnlyWhy Bitcoin Only
Why Bitcoin Only is a massive trove of links, where you can find just about anything you’re looking for. It’s also fun to browse around.
Top Posts Of All TimeTop Posts Of All Time
Here you will find a few of the top posts that have been posted 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
- I want to run my first node but am overwhelmed by the choices by @boisechampion
- The bitcoin beginner’s guide to Public Key Encryption by @frostdragon
- What If You Need to Relearn Bitcoin from Scratch Again? 🤔 by @Natalia
I still owe you that full Alby Hub guide. The truth is that I wait for Alby to release new versions with more features and see how is going and also testing it more with all backends in different situations.
That will be valuable.
Then you might wait forever! ;)
Congrats everyone! Nice articles @DarthCoin
The post "Explain Lightning Network with a simple analogy" is simply excellent, it was one of the first on my learning path!! Congratulations to @DarthCoin
Cool idea! I'm eager to hear how much territory revenues pick up.
I was surprised by the first day. There was a fairly decent post on the territory yesterday. It actually helped produce territory awards for the day which exceeded my total top post "kitty": 2000sats v. around 2777. If more people produce better content, the daily average could really soar.