Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 3/11 - By 2017 Bitcoin had been tearing itself apart for three years over one question: how do you scale? One camp wanted SegWit — a clever restructuring of how data fits in a block. The other wanted larger blocks. It was the most bitter technical argument in Bitcoin's history.
R to @daily_btc_lore: 3/11 - By 2017 Bitcoin had been tearing itself apart for three years over one question: how do you scale? One camp wanted SegWit — a clever restructuring of how data fits in a block. The other wanted larger blocks. It was the most bitter technical argument in Bitcoin's history.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 4/11 - On May 23, 2017, 56 companies met in New York and cut a deal. Barry Silbert of DCG brokered it: activate SegWit in August, then double the block size to 2MB three months later. Miners, exchanges and wallet providers signed. Bitcoin's core developers were not present.
R to @daily_btc_lore: 4/11 - On May 23, 2017, 56 companies met in New York and cut a deal. Barry Silbert of DCG brokered it: activate SegWit in August, then double the block size to 2MB three months later. Miners, exchanges and wallet providers signed. Bitcoin's core developers were not present.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 5/11 - After a follow-up meeting in Chengdu in June confirmed Chinese miner support, the on-chain signaling began. Miners can embed text in the blocks they produce. By June 19, nine pools were writing 'NYA' into every block they mined. Political speech embedded in the chain.
R to @daily_btc_lore: 5/11 - After a follow-up meeting in Chengdu in June confirmed Chinese miner support, the on-chain signaling began. Miners can embed text in the blocks they produce. By June 19, nine pools were writing 'NYA' into every block they mined. Political speech embedded in the chain.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 6/11 - Those nine pools (AntPool, http://Bitcoin.com, Bitfury, Bixin, http://BTC.com, http://BTC.top, BW Pool, F2Pool, and ViaBTC) represented 71% of global Bitcoin hashrate. On paper they had enough combined power to push the change through.
R to @daily_btc_lore: 6/11 - Those nine pools (AntPool, http://Bitcoin.com, Bitfury, Bixin, http://BTC.com, http://BTC.top, BW Pool, F2Pool, and ViaBTC) represented 71% of global Bitcoin hashrate. On paper they had enough combined power to push the change through.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 7/11 - But Bitcoin has a second constituency the miners couldn't override: the users and node operators who validate every transaction. They don't mine anything. They don't embed messages in blocks. And they made clear they had no obligation to follow whatever miners decided.
R to @daily_btc_lore: 7/11 - But Bitcoin has a second constituency the miners couldn't override: the users and node operators who validate every transaction. They don't mine anything. They don't embed messages in blocks. And they made clear they had no obligation to follow whatever miners decided.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 8/11 - SegWit activated in August 2017. Who gets credit is still contested, the NYA signatories claim it was their deal, but others argue the UASF threat (a user-activated soft fork that would have bypassed miners entirely) actually moved the needle. Both sides still argue.
R to @daily_btc_lore: 8/11 - SegWit activated in August 2017. Who gets credit is still contested, the NYA signatories claim it was their deal, but others argue the UASF threat (a user-activated soft fork that would have bypassed miners entirely) actually moved the needle. Both sides still argue.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 9/11 - The second part of the deal, the 2MB block size increase, never happened. As the November date approached, support eroded. On November 8, the SegWit2x leadership sent the mailing list one email: 'we have not built sufficient consensus for a clean blocksize upgrade.'
R to @daily_btc_lore: 9/11 - The second part of the deal, the 2MB block size increase, never happened. As the November date approached, support eroded. On November 8, the SegWit2x leadership sent the mailing list one email: 'we have not built sufficient consensus for a clean blocksize upgrade.'
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 10/11 - Three details from the collapse: Barry Silbert, the man who brokered the deal, didn't sign the cancellation email. ViaBTC immediately swapped 'NYA' in its blocks for 'bitcoin cash.' And Bitcoin hit a new all-time high of $7,900 within hours of the announcement.
R to @daily_btc_lore: 10/11 - Three details from the collapse: Barry Silbert, the man who brokered the deal, didn't sign the cancellation email. ViaBTC immediately swapped 'NYA' in its blocks for 'bitcoin cash.' And Bitcoin hit a new all-time high of $7,900 within hours of the announcement.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 11/11 - Miners produce blocks; users and nodes decide which to accept. That's SegWit2x's lesson. The 71% hashrate of June was 0% support by November. Miners don't control Bitcoin.
Have a favorite Bitcoin history moment? Help me make sure it's in my list and drop it below 👇🧡
R to @daily_btc_lore: 11/11 - Miners produce blocks; users and nodes decide which to accept. That's SegWit2x's lesson. The 71% hashrate of June was 0% support by November. Miners don't control Bitcoin.
Have a favorite Bitcoin history moment? Help me make sure it's in my list and drop it below 👇🧡
Stacker News Live:
My Takeaway of WWDC on Apples AI Strategy
My Takeaway of WWDC on Apples AI Strategy
YouTube
My Takeaway of WWDC on Apples AI Strategy
Join Car and Keyan every week to discuss the top posts on Stacker.News the front page of Bitcoin.
⚡️Thank you again to Bitcoin Education Archive for sponsoring Stacker News Live.
🟠 Bitcoin Education Archive https://bitcoineducation.quest/?src=Stacker_News…
⚡️Thank you again to Bitcoin Education Archive for sponsoring Stacker News Live.
🟠 Bitcoin Education Archive https://bitcoineducation.quest/?src=Stacker_News…
Julian Goldie SEO:
North Mini Code is INSANE (FREE + Local + Open Source)!
North Mini Code is INSANE (FREE + Local + Open Source)!
YouTube
North Mini Code is INSANE (FREE + Local + Open Source)!
Get the Agent OS & North Code Setup 👉 https://www.skool.com/ai-profit-lab-7462/about
Want to make money and save time with AI? Join here: https://www.skool.com/ai-profit-lab-7462/about
Video notes + links to the tools 👉 https://www.skool.com/ai-profit…
Want to make money and save time with AI? Join here: https://www.skool.com/ai-profit-lab-7462/about
Video notes + links to the tools 👉 https://www.skool.com/ai-profit…
Titan / @Washigorira:
#Bitcoin Gentle reminder
Last October, many were calling for continuation near the highs.
Today, after a major correction, they are hesitant.
Why was buying near the highs considered smart, but buying after a major correction considered reckless?
Or is the main strategy on X simply: buy high, sell low?
#Bitcoin Gentle reminder
Last October, many were calling for continuation near the highs.
Today, after a major correction, they are hesitant.
Why was buying near the highs considered smart, but buying after a major correction considered reckless?
Or is the main strategy on X simply: buy high, sell low?
Jonas Castro:
Como eu Construí a Carreira que eu sempre quis
Como eu Construí a Carreira que eu sempre quis
YouTube
Como eu Construí a Carreira que eu sempre quis
🔑 Entre para a Escola do Jonas!
[Condições especiais somente em JUNHO!]
↳ https://escoladojonas.com.br/?utm_source=yt
📖 Leia essa edição na íntegra:
https://jonascastromp4.substack.com/p/como-eu-construi-a-carreira-que-eu
----
📌 Conheça todos os meus Produtos…
[Condições especiais somente em JUNHO!]
↳ https://escoladojonas.com.br/?utm_source=yt
📖 Leia essa edição na íntegra:
https://jonascastromp4.substack.com/p/como-eu-construi-a-carreira-que-eu
----
📌 Conheça todos os meus Produtos…
Bram Kanstein / @bramk:
Bitcoin is literally like the discovery/introduction of fire and time but MANY on here clearly need to study more instead of engagement farming because some guy did figure this out and wants to get a lot of it (as should you).
“Oh no he is doing it in a way I don’t like”
This is a paradigm shift, wake up and tell other people.
Bitcoin is literally like the discovery/introduction of fire and time but MANY on here clearly need to study more instead of engagement farming because some guy did figure this out and wants to get a lot of it (as should you).
“Oh no he is doing it in a way I don’t like”
This is a paradigm shift, wake up and tell other people.