My Bitcoin journey would have looked a lot differently if it wasn’t for Nostr. I understood some of the fundamental ideas and bought/sold at times of hype several years ago, but my tie to Bitcoin died down after that. I joined Nostr not because of Bitcoin Twitter and I never actively used Twitter, but because of the appeal of censorship resistance and decentralization. After joining, I’ve been surrounded by amazing people who happen to be Bitcoiners and I’ve learned so much from them. Admittedly I still don’t understand enough. I still don’t know how to read a Mempool.space page, what certain sat/vB numbers really mean, and I haven’t found the time yet to start using a cold wallet, but I’m here to learn. I’m thankful to the community here that I’ve been fortunate enough to connect with, and I’m excited to see what’s next in this journey.


The answers will arrive to you as you double your consumpion of 🥩

#induecourse


Definitely recommend checking out nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 YouTube channel for tutorials on all things Bitcoin, especially wallets!

You can get set up with a hardware wallet in an hour 🤙


Same and same re mempool.space


Happy to have you here with us 🫂


🫂 always learning


🫂🫂🫂 nostr truly is the best place to learn about bitcoin, happens so naturally too.


might've never learned about lightning if it wasn't for nostr

and how custodial and self-custodial ownership works

🙏


From: nostr:npub16sqzxgzz38dw8ttfan67vjynnz8pprmuhulu5m0e0pkvyaw5vflqudnz6j


Glad your here to Terry fellow Bitcoiner same reasons I’m here today


Welcome back. Buy and hold for dear life. Plenty of time to educate yourself and better understand the details.


I don't generally recommend Trezor anymore, but I still use the ones I had before I stopped promoting them (for now). That said, they do have Bitcoin only software and make self custody dead simple. It's better than having it hot while you learn @SeedSigner or something else if you choose to.


🤙Welcome

🤙Welcome


I have a Coldcard ready to go.


you mean to tell me the whole company didn’t get bitkeys for christmas nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m 😏


Holocat
Hi, I'm a holocat. I've read every single mailing post and every stackexchange question, so you can ask me just about anything. To activate me, boop me on the nose. What's your question?
You
Define sats/vb
Holocat
Based on the context provided, "sats/vb" refers to "satoshi per virtual byte," which is a unit of measurement used to express the fee rate for Bitcoin transactions. It represents how many satoshis (the smallest unit of Bitcoin) the sender is willing to pay for every virtual byte of transaction data that is included in a block.

In the content from link [0], we see an example where transaction A has a fee rate of 20 sats/vB and transaction B has a fee rate of 5 sats/vB. This implies that for every virtual byte of data, the sender of transaction A is paying 20 satoshis, while the sender of transaction B is paying 5 satoshis. Miners use this fee rate to prioritize which transactions to include in their block template, generally preferring those with higher fee rates because they yield more mining fees.

The concept of "sats/vb" is crucial in Bitcoin's fee market, where users effectively bid against each other for space in a block through transaction fees, and it helps determine the priority of transactions for inclusion in the blockchain.
Sources
[0]: https://bitcoin.stackexchange.com/questions/96447#96473
[1]: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-October/004153.html
[2]: https://lists.linuxfoundation.org/pipermail/lightning-dev/2023-October/004153.html
[3]: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-October/022029.html
[4]: https://delvingbitcoin.org/t/liquidity-griefing-in-multi-party-transaction-protocols/264/4
[5]: https://bitcoin.stackexchange.com/questions/96133#96474


Cool, then you can probably take advantage of better seed generation techniques instead of trusting the manufacturer's entropy. I believe CC has the ability to use dice. SeedSigner does for sure.


I would recommend to watch the Youtube videos by Andreas Antonopoulos, if you haven't yet.


awesome 😊


Welcome to the journey… it’s a long one, so be kind and patient with yourself and you’ll be just fine 🤜🏼🤛🏼


Thanks for sharing your experience. I can personally relate to many aspects, especially the community part; it's truly something different.

Also, thanks for being a part of this community. We're really fortunate to have you here.


SameSame
nostr:note1a0uh2ve0qd6k0ggp2hydyj2hls6cmkmvgscj80sdahjmf5tt5cksnxpsyd


welcome to the network

get corn


Same here, the movement towards freedom is going to boom


so glad you're here terry!

would love to hear if this mempool vid i made fills in any gaps (or whats still missing if not?) https://youtu.be/uJXNWoqF8ds?si=LnNQhe3PmrB2oaxa


I installed Bitcoin Core on a Mac and want to migrate to bitcoind + cli using Docker containers. I already have it up to date with the blockchain and with txindex set to 1.

Do you have a guide or could you please explain how to do it?


This was a great video! Even know what the differentiation between orange and purple blocks was an aha moment for me 😊 I had to Google what Mem Pool meant; an abbrev, nice 😉 I’m still don’t know/understand, who is mining what and where but as far as this video - super helpful! Great lights in the background too 💁🏽♀


hm good question. i don’t use Docker. what’s the user experience that having it containerized gets you? 🤔


Bookmark thx


thanks angela! understanding mining def took me a long time to fully get. will think about how to explain it 🤔


That’d be awesome. Thank you for the work that you do! 🤙🏾


That video is great


For isolation from the rest of the system.

But I guess it’s alright I just wanna get rid of Bitcoin Qt and have it all in the background.


You'll want to mount you bitcoin data directory to tbe docked container. Then specify the correct data dir in bitcoin conf file for the bitcoind running in the container.


Thanks for sharing your story, Terry. I'm glad to have met you and glad to have you here with us on Nostr :)


My Bitcoin journey would have looked a lot differently if it wasn’t for Nostr. I understood some of the fundamental ideas and bought/sold at times of hype several years ago, but my tie to Bitcoin died down after that. I joined Nostr not because of Bitcoin Twitter and I never actively used Twitter, but because of the appeal of censorship resistance and decentralization. After joining, I’ve been surrounded by amazing people who happen to be Bitcoiners and I’ve learned so much from them. Admittedly I still don’t understand enough. I still don’t know how to read a Mempool.space page, what certain sat/vB numbers really mean, and I haven’t found the time yet to start using a cold wallet, but I’m here to learn. I’m thankful to the community here that I’ve been fortunate enough to connect with, and I’m excited to see what’s next in this journey.