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learning bitcoin ✡
gm #plebchain ⚡ gotta #asknostr about the way you handle emotions when stacking sats, say you make a purchase and some time after, could be minutes, hours, or days the price goes even lower does treating #bitcoin as a store of value to lock-in and preserve your purchasing power help as an approach to help with FOMO and other emotions? I'd love to hear your thoughts on this. always willing to learn and grow.
GM Nostr devs and plebs ⚡ Does anyone know where I can find a list of monitored Liquid network Electrum servers? (To use in a liquid wallet instead of the default server) I did find Bitcoin's, but couldn't find the ones for the Liquid sidechain yet. Any help would be appreciated. Have a great day!
GM #AskNostr devs ⚡ What's the lowest network fee possible for a Bitcoin transaction if network conditions apply? (is it the same as the liquid chain which is 0.1 sat/byte) ? Thank you!
Hi #AskNostr ⚡ Could you please help me understand the use of an additional “passphrase” feature please? I thought I had to add my chosen passphrase at the same instant when generating the seed phrase in order for it to get "hashed" — it's not necessary, correct? Can I add a passphrase to previously generated seed phrases? And even add different passphrases to a single seed phrase for different use cases? Any help is greatly appreciated. Always learning bitcoin!
good morning nostr, I hope you're having a good day! I'd like to #AskNostr about: What are the differences, advantages, or disadvantages (if any) between importing a wallet on Electrum and/or Sparrow using the Seed Phrase, compared to doing so using the Master Private Key (xpriv) to create the wallet file & keystore. I'd like to know so I can decide what method to use (import via seed or the xpriv) for both a hot and a cold wallet use case. Any help or resources would be greatly appreciated! #learningbitcoin
The immutability of the blockchain is a double-edged sword, It guarantees ownership and transaction history, but it also means you cannot erase the history of the coins you accept. Every transaction, by default, becomes a link in that historical chain. #Bitcoin