AnnouncementsAnnouncements
Welcome to this week’s newsletter.
We had a pretty good week in the territory, although nowhere near as good as last week’s, which admittedly set a high bar. @Rexdentron did post this month’s Bitcoin Ecosystem Map, which I always look forward to. The Top 5 were also particularly good, and not a link post among them!
Thanks to everyone who contributed, and have a good week.
Logo design by @plebpoet
Link to last week’s newsletter:
#729406
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 (or higher if threshold is met)
- 250 sats (or higher if threshold is met)
- 250 sats (or higher if threshold is met)
- 250 sats (or higher if threshold is met)
- 250 sats (or higher if threshold is met)
Average daily territory income this week:
1332 sats
Threshold:
2000
Therefore, the awards will will not be boosted this week.
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 also 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:
- Unchained Capital - The free ride stops now by @BitcoinIsTheFuture
- Bitcoin Ecosystem Map [October 2024] by @Rexdentron
- My experience with attaching an external wallet by @DEADBEEF
- The Promise or Peril of India's Bitcoin Scene by @Coinsreporter
- What's the best & easiest "ATTACH WALLET" solution for a newbie stacker? by @IamSINGLE
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
- 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
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/
Rexdentron’s Ecosystem MapRexdentron’s Ecosystem Map
@Rexdentron 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
- Easily attach wallet to SEND & RECEIVE sats from SN with Coinos.io and HODL by @supratic
- 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
You're already on issue 24. Congratulations!
Do you know how many sats you've distributed?
I have not kept track. I think I gave out 5k a week for a while, then lowered it to 2k a week, then I can up with this incentive idea. Last week was my highest zap amount. I think close to 6k based on the territory rewards for the week.
If 6k is the average, it's around 144k. Wow! Your genorosity knows no bounds!
6k is nowhere near the average. In the past maybe you can call it generosity. My plan going forward, though is to share my territory revenue with stackers so we all earn. I think I figured it out that using my current method, the top post of the week earns at least 10 percent of the weekly revenue for the territory. I am trying to incentivize really good, instructional beginner posts.
He writes a lot on SN, maybe a lot, I also read a lot of siggy47 posts.
Great newsletter and updates this week everyone. I was at the car dealer yesterday getting new tires and was orange pilling the guy when I was paying. I was explaining the Bitcoin rewards I’ve gotten over the past 2.5 years. He was like do you get fight points, and I was like no I get sats! And those sats have over doubled in value! I also told him about Fountain! Send him some great material!
Great!
I’m on a roll. A “work dad” of mine finally was able to be convinced after 4 years to get some Bitcoin. He’s a huge investor and has always been willing to listen to me. He’s starting small and I’m meeting him where he is at so it’s an ETF start. I know, I know not real Bitcoin, but I’ll get him there.
Foot in the door. I just had this conversation yesterday.
Yup, the main goal will be to keep him Bitcoin only. We have another shared friend who’s a “crypto” guy and he steered me to Alts when I started. That money was basically all lost and was my price of tuition into the space. I wish I would have stayed Bitcoin only! I am now, and will try to save others!
You should have a statue built in your honor for all your hard work.
I'll save this for the next time my wife tells me to get off that stupid site.
Your wife is a saint for putting up with your crap! Ahahhh
Thank you siggy.
I just wrote down my experiences very casually about Bitcoin situation in India. It was nowhere close to be called a professional post. But, I'll take it and try to write more casually like this.
It was a good post. It certainly was detailed and gave us a good look at the situation in India. I think stackers would love to read more India based bitcoin adoption content.
I can’t believe I made the newsletter. Thank you!
Thank you! Good post.
Excellent newsletter, I was able to read and enjoy each of the publications, being a newbie in Bitcoin has led me to learn everything and make it the technological future.
I'm happy you enjoyed it!