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1249 sats \ 14 comments \ @Fabs 1 Mar bitcoin_beginners

I'd like to start posting more specific content that's actually desired, and thus, I thought I may start with the ~bitcoin_beginners territory, as I thoroughly enjoy (personally) writing about Bitcoin's technical side- something which can be quite a hassle to many to get a grip on.

If y'all want me to shed a light on any specific part, let me know and I'll let you know if I'm actually capable to do so, or not. 😄

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21 sats \ 1 reply \ @BTCFC 1 Mar

I currently have an idea for running my own business (still just an idea, nothing started yet) but eventually I strive to make this idea a reality, and so my question would be, how can I implement Bitcoin into my future business, in terms of accepting payment as smoothly as possible, run a node or not, things of that nature. Any advice, especially on the technical side would be very much appreciated!

Also, I'm definitely no techy so for me I understand Bitcoin and it's importance more from a non technical, economic perspective, but in your opinion do you think it's paramount that I learn at least the basic technical side of Bitcoin, and where would you recommend I start?

31 sats \ 0 replies \ @Fabs OP 1 Mar freebie

I mean: knowing the basics in regards to what happens after you send a transaction, or what an HD-wallet is and how it works, knowing that too many small UTXO's can become costly in different ways, as well as what a UTXO even is, wouldn't be bad to know IMHO.

You'd want to know what's the smoothest, fastest, cheapest and most comfortable way to receive payments? Cool.

21 sats \ 11 replies \ @siggy47 1 Mar

One thing that I think would be valuable would be a basic, explain it to me as if I was five with graphs, explanation of how to identify and track different types of bitcoin transactions on the block chain.

76 sats \ 4 replies \ @Fabs OP 1 Mar

Hm, could you expand on that? What types of transactions exactly?

0 sats \ 3 replies \ @siggy47 1 Mar

These types: https://blog.cotten.io/an-overview-of-bitcoin-transaction-types-f22677b8e5a9

You may say, hey, this guy already did it. But I mean a more basic, step by step describing what is happening and how it appears in a blockchain explorer.

76 sats \ 2 replies \ @Fabs OP 1 Mar

Hm, more compact and more detailed then... I'll have to think that one through, but I agree, it's a good one.

0 sats \ 1 reply \ @siggy47 1 Mar

Just a suggestion. I will come up with them, but it's your call. You have to do the heavy lifting!

76 sats \ 0 replies \ @Fabs OP 1 Mar

Keep it coming, chief!

76 sats \ 5 replies \ @DarthCoin 1 Mar freebie

₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ⚡️ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ₿ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿ ⚡️ ⚡️ ⚡️ ₿ ⚡️ ₿ ⚡️ ₿

Do you know what represent this? :)

100 sats \ 4 replies \ @Fabs OP 1 Mar

Nice Bitcoinribonucleic double helix you're rocking there, albeit not that symmetrical.

0 sats \ 3 replies \ @DarthCoin 1 Mar freebie

markdown format is kinda weird for this stuff, it remove the spaces