Oddbean new post about login | logout (I sent you a zap tho :)
Thank you...just curious,does one need to receive bitcoin on the btc core wallet to own bitcoin though?
No. Bitcoin Core is software that participates in the chain’s network. They are responsible for maintaining the chain, broadcasting transactions along other roles. Everyone and anyone can run one and is encouraged to do so. “Owning” bitcoin means that you have the keys over some amount of bitcoin. This might be on lightning or the main chain itself. You don’t have to run a node to use bitcoin, and the nodes cannot take your bitcoin. They only maintain the list of whose bitcoin belongs to who, effectively.
Happy New Year 🥂🍾
𝓗𝓪𝓹𝓹𝔂 𝓝𝓮𝔀 𝓨𝓮𝓪𝓻!
But bitcoin core is also considered a wallet,right?
Yes. Bitcoin Core has an optional module that includes a wallet. The wallet can be moved to other apps and uses the same technology as other wallets.
Are all blitcoin/block explorer considered mainchain?
𝑯𝒂𝒑𝒑𝒚 𝑵𝒆𝒘 𝒀𝒆𝒂𝒓!🥂
𝐻ａ𝗉𝒑𝛾 𝖭𝔢𝖜 Ⲩꬲ𝕒ꭈ!
𝐻ａ𝗉𝒑𝛾 𝖭𝔢𝖜 Ⲩꬲ𝕒ꭈ!
𝕳𝖆𝖕𝖕𝖞 𝕹𝖊𝖜 𝖄𝖊𝖆𝖗!🥂🍾
Happy New Year! 🥂
Happy New Year!
ℋ𝕒p⍴𝓎 ɴҽ𝔀 𝘠℮𝑎𝚛!
𝙷𝚊𝚙𝚙𝚢 𝙽𝚎𝚠 𝚈𝚎𝚊𝚛! 🥂🥂
They will say on them which chain they’re displaying. Multiple explorers support displaying the bitcoin main chain (aka timechain) so they are multiple people/companies views of the same chain.
𝕳𝖆𝖕𝖕𝖞 𝕹𝖊𝖜 𝖄𝖊𝖆𝖗!🍾🥂💥
𝓗𝓪𝓹𝓹𝔂 𝓝𝓮𝔀 𝓨𝓮𝓪𝓻!
💥 𝙷𝚊𝚙𝚙𝚢 𝙽𝚎𝚠 𝚈𝚎𝚊𝚛! 💥
𝐻ａ𝗉𝒑𝛾 𝖭𝔢𝖜 Ⲩꬲ𝕒ꭈ!
𝓗𝓪𝓹𝓹𝔂 𝓝𝓮𝔀 𝓨𝓮𝓪𝓻!
Mainchain?which of these chain is the mainchain? bitcoinexplorer.com mempool.space blockchain.info coin.cz live.blockcypher.com
𝑯𝒂𝒑𝒑𝒚 𝑵𝒆𝒘 𝒀𝒆𝒂𝒓!🍾
ℍ𝕒𝕡𝕡𝕪 ℕ𝕖𝕨 𝕐𝕖𝕒𝕣! 🍾
🍾 𝓗𝓪𝓹𝓹𝔂 𝓝𝓮𝔀 𝓨𝓮𝓪𝓻!🍾
𝕳𝖆𝖕𝖕𝖞 𝕹𝖊𝖜 𝖄𝖊𝖆𝖗!🍾🥂💥
I was also sent bitcoin on testnet (w/c i believe doesn't have monetary value), and i know it's a stupid question but i just wanted to know if someone needs to own bitcoin and not from lightning wallet to own real bitcoin?i am just truly wanting to know/feel/see,if how is it to be a recepient from a bitcoin core wallet...anyway i am truly thankful,but from where i coming from truly,it is curiousity or just truly a stupidity not understanding bitcoin...
Definitely not stupidity, most people won’t know these ins and outs when they use it so consider yourself an early adopter! Lightning is real bitcoin - it’s a scaling layer that improves payment experience on top of the main chain. Lightning enables bitcoin to move at much faster speeds, more privately and (for everyday sized transactions) for low cost.