If you're going to start saving you want to save in a #money that is the hardest and can protect your purchasing power with #bitcoin you can store any amount of value starting at 1 satoshi which anyone can afford -->> https://thebitcoinmanual.com/articles/streaming-savings-btc-killer-app/ I've started to realise that the ability to save at any level is one of bitcoins killer apps and its something people have yet to grasp. Find out more about streaming savings in our latest…
If you're bullish on #Bitcoin you might want to stack sats and #hodl but for some who like to take risk, they might prefer trying to compress bitcoin price movements into a shorter time frame by using a trading technique known as #longing -->> https://thebitcoinmanual.com/articles/longing-bitcoin/ In our latest post we break down what it means to go long bitcoin and wht the pros and cons of this trading options is
If you're looking to learn more about #bitcoin then I suggest checking out the #podcast bitcoin fixes this by Jimmy Song, who is a former bitcoin developer -->> https://thebitcoinmanual.com/downloads/podcast/bitcoin-fixes-this/ Jimmy takes a lot of time to explain why altcoins fail, how bitcoin changes the incentives of the world and why it will fix so much in society as we move towards a bitcoin standard
Are you looking to earn some extra #bitcoin for doing simple tasks on your phone? Generate an extra income by signing up for Stakwork, the service allows you to create an account pick up small jobs and get paid instantly in bitcoin via the lightning network -->> https://thebitcoinmanual.com/articles/bitcoin-app-stakwork/ You can then take that money and trade it in for your local currency or purchase vouchers with sites like Bitrefill or TheBitcoinCompany if you need to use…
People continue to risk their #bitcoin by leaving it on exchanges or using #custodial wallets and while many bitcoiners are doing their best to encourage and teach self custody a lot of people simply won't learn the lesson until they get burned -->> https://thebitcoinmanual.com/articles/what-is-fedimint/ With fedimint bitcoin aims to scale custodial holdings by allowing bitcoiner friends and family to help new bitcoiners custody their funds. Find out more about it in our…
A #bitcoin wallet or rather signing device comes with a host of features and information you need to know and keep around if you are to use it properly. Most people will focus on the public and private key which are ofcourse important but there is a key that links the two together -->> https://thebitcoinmanual.com/articles/btc-derivation-path/ This is known as your derivation path, find out how it works, where to find out, how to use it and where these paths come from and…
Some users of #bitcoin still feel that they want one foot in the #fiat system which is why stablecoins have become so popular, the are obvious issues with stablecoins and it brings a lot of centralisation and risk to a blockchain -->> https://thebitcoinmanual.com/articles/what-are-stablesats/ Instead there are now solutions of bitcoin-backed stable value known as opensats by Galoy te team behind the bitcoin beach wallet in El Salvador, find out more about how it works and…
Using the #bitcoin lightning network, you have several ways to pay people, with an invoice, a lightning address, and even NFC payments, and now we have a new method known as keysend -->> https://thebitcoinmanual.com/articles/keysend-payment/ Keysend allows users in the Lightning network to send payments to others, directly to their public key, as long as their node has public channels and has Keysend enabled. Keysend does not require the payee to issue an invoice. Find out…
When you pay users on the lightning network with #bitcoin, payments are instant, but that doesn't always have to be the case, you can also delay payments if needed like ordering something online, to check if there is stock -->> https://thebitcoinmanual.com/articles/hodl-invoice/ This function is known as a #hodl invoice and in our latest post we go through how it works, why it works and why you want to use it
If you're running multiple lightning wallets and think it's a bit of a pain, you're not alone, instead of having to have one LN wallet per set of private keys you can create multiple ones using LN bank -->> https://thebitcoinmanual.com/articles/ln-bank/ LN bank is part of BTCpay Server so if you're running a node, you can add the plugin and start messing around with the tech today
Did you know the lightning network can route a payment between multiple channels to find the quickest and cheapest way to move a payment around, these are called multi path payments -->> https://thebitcoinmanual.com/articles/simplified-multipath-payments/ In our latest post we break down how MPP work, why they are needed, what are the shortcomings and why this improves the use of this #Bitcoin second layer solution
I am amazed that after this major correction that we are still seeing people putting money into projects and getting rug pulled, I thought that it would be a lot less considering how much money has been lost in the last year -->> https://leofinance.io/@chekohler/blurred-vision-as-blur-finance-users-get-rugged I guess I was wrong as this week Blur Finance rug pulled its 500+ holders and making off with around $600k in spoils, not a bad reward for 1 weeks work
As the deleveraging happens more and more companies falling into the black hole people will continue to lose their shirts 👕 —>> https://leofinance.io/@chekohler/german-neobank-nuri-declared-insolvent The latest victim is Bitwala now known as Nuri finally declared insolvency adding to the host of other businesses like Celsius, BlockFi, Voyager Glad to see businesses who took risk getting cleaned out and those who trusted them need to learn their lesson
The #Bitcoin lightning network continues to expand and add new features to make payments more efficient -->> https://thebitcoinmanual.com/articles/atomic-multi-path-payments/ Atomic Multipath Payments (AMPs), sometimes called Original AMP or OG AMP, would allow a spender to pay multiple hashes derived from the same preimage. This will make payments even faster, cheaper and more efficient on the Lightning network and reduce chances of payments failing Find out more about how…
If you want to start using the #Bitcoin lightning network to make payments with in person merchants then you may want to consider getting yourself a bolt card -->> https://thebitcoinmanual.com/articles/bolt-card/ These bolt cards can be connected to any lightning wallet with the code being open source, any merchant that has a POS system can connect to a lightning wallet and start to accept payments via the card. It's as simple as tap and pay Find out more about the bolt card…
Did you know you can #earn additional income in #bitcoin by becoming part of the #lifi movement, this is lightning finance, by supplying liquidity to certain nodes, and opening up channels you can earn a return for them leveraging your #satoshis -->> https://thebitcoinmanual.com/articles/lightning-pool/ In our latest post we review LN pools, how they work, why you would want to use them and most importantly how you can earn a return on your bitcoin for helping the lightning…
If you're a designer or UI researcher looking to get into the #bitcoin space and would like to start contributing to open source projects then you should check out bitcoin design -->> https://thebitcoinmanual.com/articles/contribute-bitcoin-design/ View the projects they have available, see how you can contribute in your spare time and meet some of the designers working in #btc
Lightning network payments are only getting better and once #BOLT12 goes live, you'll be able to have static LN addresses and QR codes just like you do with #Bitcoin base chain addresses -->> https://thebitcoinmanual.com/articles/lightning-offers-bolt12/ Find out more about how BOLT12 works, why we need it and how it changes the way we make payments on layer 2
If you’re looking for a second phone number not tied to your identity then getting an eSim is a great option —>> https://thebitcoinmanual.com/articles/bitcoin-app-silent-link/ Using a service like silent link you can pay in bitcoin and secure an eSim of your own and use it in a host of different smartphones
If you're looking to earn a return on your #Bitcoin but you're scared of giving up custody and using DEFI or CEFI lenders, then consider providing liquidity to lightning markets like Magma -->> https://thebitcoinmanual.com/articles/magma-by-amboss/ You keep custody of your funds and establish channels with certain people and provide liquidity and they will pay you for being able to route payments with your bitcoin. Find out more about Magma by amboss in our latest post
If you're looking to do video calling but want to avoid giving your time and data to big tech monopolies then there is a solution in Keet by Holepunch -->> https://thebitcoinmanual.com/articles/bitcoin-app-keet/ Keet is a free app that uses peer-to-peer connections to facilitate real-time audio/video calls, text chats, and file sharing. Instead of leveraging a series of cloud servers where your data is stored and routed through tech companies. Find out how the app works and…
If you ever wondered why #bitcoin miners are so intent on using energy to power the network and continue to compete with one another to secure blocks its because they get paid in what is known as the block subsidy -->> https://thebitcoinmanual.com/articles/btc-block-subsidy/ The block subsidy is the amount of new bitcoin minted in each block. Each block produced and added to the blockchain allows the creator of the block to mint a certain amount of new bitcoin based on the…
The need for dollars continues to expand under the guise of stablecoins; as fiat currencies worldwide continue to lose value to the dollar and other assets, citizens are clamouring for USD in any form they can get it in. -->> https://thebitcoinmanual.com/articles/kollider-pay/ We've seen so many stablecoins created on different chains all with different trade-offs and now we have another one in the form of synethetic USD using bitcoin. Find out how Kollider pay creates…
If you have a rental property but want to supplement it with additional income, you can either split the property or extend it to add more people or you can add a #bitcoin miner -->> https://thebitcoinmanual.com/articles/btc-mining-supplement-rental/ In our latest post we review how you can combine rental properties with bitcoin mining and what are the various pros and cons of this approach
If you're going to store your wealth in #bitcoin have you planned on how you will hand that over if the worst happens to you? Maybe its time to have a plan -->> https://thebitcoinmanual.com/articles/bitcoin-app-final-message/ Final Message allows you to automate a message that is fired off to a loved one, trusted friend, or business partner in the event you stop responding to the service. The primary use-case is using it to send 1 of 3 bitcoin multi-sig keys to your…
There are so many podcasts and shows talking about bitcoin and shitcoins these days but most of them are glorified ad reads
If more people stopped making useless YouTube channels and started making more lightning channels, #bitcoin could be far further ahead than it is today but I ain't complaining the delay just makes it easier to stack more #satoshis
Arsenal continue their fine start to the premier league with their 4th win in 4, it wasn't an easy game against fulham, and having to come to from behind showed some real character from the team to rally and take all 3 points. I think something special is really happening this season with Arsenal, I've never seen them so determined to win a game
If you're looking to get a hardware wallet for your #Bitcoin but you don't want to spend a lot of money on a device, then why not build one of yourself Read more>> https://thebitcoinmanual.com/articles/diy-hardware-wallets-seedsigner/ SeedSigner is an open source project centered around a bitcoin signing device or as commonly referred to as a hardware wallet. SeedSigners software allows you to convert a few hardware items into a fully functioning bitcoin storage device. Find…
Are you thinking about moving towards #Bitcoin and the lightning network, but managing it yourself seems like too much of a pain, then you need to get RTL -->> https://thebitcoinmanual.com/articles/ride-lightning/ Ride the Lightning is a Lightning wallet and node management tool accessible via a web interface, and is built into your node.
The Lightning network is one of several attempts to migrate transactions from the bitcoin base layer to second layers, but like any upgrade it has its trade-offs and attack vectors -->> https://thebitcoinmanual.com/articles/lightning-channel-jamming/ Channel jamming is when a malicious entity blocks up liquidity in the lightning network, by making a payment to themselves, via third party channels and then never revealing the secret, such that the payment never completes.…
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