The hottest Bitcoin Substack posts right now

And their main takeaways
Category
Top Technology Topics

Why the Bitcoin Security Model Is Broken

Dan Hughes • 4 HN points • 26 Jul 24
🔮 Crypto Bitcoin Blockchain Mining Security Economics
  1. Bitcoin's security model relies on rising prices and transaction fees, which may not be sustainable long-term. If prices stop rising, it could lead to less funding for network security.
  2. The network can only handle a limited number of transactions due to the current block size limit, which affects how much miners earn from fees.
  3. To keep Bitcoin secure, the block size may need to be increased gradually. This way, more transactions can be processed, helping to fund the security budget effectively.

Review 2023 - Mining Economics

nicosmid • 39 implied HN points • 09 Jan 24
🔮 Crypto Bitcoin Mining Economics Blockchain
  1. Bitcoin's price in 2023 saw a 171.5% increase from the beginning of the year.
  2. The network difficulty increased significantly throughout the year by 103.6%.
  3. Hashprice stayed above $80/PH/Day due to a surge in transaction fees and Bitcoin's price increase in the last two months of 2023.

Oracle-based Conditional payments on Bitcoin

LN Markets’ Newsletter • 58 implied HN points • 16 May 23
🕹 Technology Cryptocurrency Bitcoin Payment Encryption
  1. Oracle-based Conditional payments introduce a new way to handle conditional payments on Bitcoin by using oracles to attest to real-world events, allowing contracting parties to claim funds based on these attestations.
  2. Conditional payments rely on a third party for attestation, but in Oracle-based payments, the third party only attests events and does not execute contracts, improving security and trust in the process.
  3. Verifiable witness encryption plays a crucial role in setting up Oracle-based Conditional payments, ensuring that contracting parties can trust the oracle's attestations and claim funds accordingly.

The Return of Private Miners as Halving Approaches

Miner Weekly • 19 implied HN points • 21 Mar 24
💰 Finance Mining Bitcoin Markets Companies Regulation
  1. Publicly traded mining companies are progressively mining less of Bitcoin's rewards, indicating a potential return of private miners.
  2. Since bitcoin's hashprice rebound, even older mining machines like M21S could turn a profit at certain energy rates, leading to an uptick in private mining activity before the upcoming halving.
  3. With the halving approaching, there may be a correction in hashrate levels post-halving, as older generation equipment is expected to phase out unless there's a significant increase in bitcoin's hashprice.
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Bitcoin or Bit Con?

Diane Francis • 379 implied HN points • 25 Feb 21
🔮 Crypto Cryptocurrency Bitcoin Investment Regulation Market Trends
  1. Bitcoin is not a traditional currency; it's more like a digital file stored with complex passwords. If you forget your password, you could lose access to your Bitcoin forever.
  2. The Bitcoin market is very volatile and can swing wildly based on social media posts, especially from influential people like Elon Musk. This makes it risky for anyone looking for stable investments.
  3. Bitcoin mining uses a huge amount of energy, harming the environment. Plus, there isn't much regulation around it, so people can easily get scammed or misled.

Adopción de Bitcoin usando Ecash

DarthCoin’s Bitcoin Guides • 19 implied HN points • 09 Feb 24
🔮 Crypto Bitcoin Blockchain Lightning Network Cryptocurrency Digital Payments
  1. Using Ecash with Cashu Mints is a way to help more people adopt and use Bitcoin, especially for those who may find it challenging to start directly with UTXO.
  2. Ecash is like digital gift cards that offer additional privacy and cryptographic proof of reserves, helping users make anonymous and instant electronic cash transactions.
  3. Cashu Mints allow users to exchange tokens privately without fees within the same mint, providing a convenient option for local communities to transact with each other.

Quiet Before the Storm?

nicosmid • 39 implied HN points • 08 Aug 23
🔮 Crypto Bitcoin Mining Market Analysis Industry
  1. The mining industry is currently experiencing a period of quiet and stability.
  2. Key factors like Bitcoin price, network hashrate, and ASIC prices are maintaining a steady trend.
  3. This calm period may indicate a break for the industry after a significant growth phase.

1 Year Until the Next Halving

nicosmid • 39 implied HN points • 25 Apr 23
🔮 Crypto Bitcoin Mining Cryptocurrency
  1. Bitcoin halving occurs every 210,000 blocks or about every four years.
  2. In a year, the block subsidy will be halved from 6.25 to 3.125, impacting miner revenues.
  3. This article discusses the past impact of halving events and how to prepare for the next one.

#61 - Matt Odell, LNM fam & Lightning friends

LN Markets’ Newsletter • 39 implied HN points • 25 Apr 23
🔮 Crypto Bitcoin Blockchain Cryptocurrency Finance Technology
  1. Matt Odell is a prominent figure in the Bitcoin community, advocating for individual freedom and supporting Bitcoin projects.
  2. Matt Odell emphasizes the importance of building Bitcoin-native projects by identifying unique needs and standing up for the mission.
  3. Matt Odell is excited about the future of Bitcoin and Lightning, particularly focusing on the need for easier-to-use privacy tools and complementary freedom tech tools.

#63 - Roy Sheinfeld, LNM fam & Lightning friends

LN Markets’ Newsletter • 39 implied HN points • 10 Jul 23
🕹 Technology Bitcoin Lightning Network Cryptocurrency Blockchain Fintech
  1. Roy Sheinfeld is dedicated to revolutionizing Bitcoin's role to a medium of exchange.
  2. Lightning Network is evolving with improvements like splicing, asynchronous payments, and stuckless payments.
  3. Key advice for building a business in the Bitcoin space: Embrace the community, prioritize open communication, and seek partners, not just investors.

#60 - André Neves, LNM parabolic growth & Lightning friends

LN Markets’ Newsletter • 39 implied HN points • 21 Mar 23
🕹 Technology Bitcoin Gaming Payments User Experience Blockchain
  1. André Neves is deeply involved in the Bitcoin ecosystem through ZEBEDEE, NBD, and Vinteum.
  2. Bitcoin and Lightning Network are transforming the gaming industry with instant, low-fee transactions.
  3. Improving UX around self-custody and simplifying interactions with Lightning Network are key for broader Bitcoin adoption.

Apilamiento de sats - El viaje del principiante

DarthCoin’s Bitcoin Guides • 19 implied HN points • 31 Jan 24
🔮 Crypto Bitcoin Lightning Network
  1. Starting out with Bitcoin can be a complex journey, involving learning about basic concepts, transactions, and the importance of self-custody.
  2. Stacking sats can be achieved through various methods like receiving small amounts over Lightning Network, utilizing custodial wallets for temporary storage, and managing UTXOs in different wallet levels.
  3. As you progress in your Bitcoin journey, consider storing larger amounts in self-custody wallets, learning about liquidity management on Lightning Network, and the responsibility of running your own node for increased financial sovereignty.

Why I Bitcoin

QTR’s Fringe Finance • 41 implied HN points • 04 Feb 24
💰 Finance Bitcoin Investment Currency Regulation
  1. Understanding Bitcoin's network and cryptography is key to realizing its intrinsic value.
  2. Bitcoin presents a unique opportunity for diversifying wealth outside the traditional monetary system.
  3. Bitcoin's potential for global adoption and decentralized nature make it a compelling investment option.

Strengthening security in the Bitcoin ecosystem: the case for improved vulnerability communication

bolt.observer • 19 implied HN points • 18 Dec 23
🕹 Technology Cybersecurity Bitcoin Open Source
  1. Vulnerabilities happen in open source projects, impacting the security of bitcoin and other systems.
  2. Communication with users of open source projects, especially in the financial industry, needs to be improved for quick responses to critical issues.
  3. Utilizing RSS feeds exclusively for announcing critical vulnerabilities in software can enhance security communication and response.

The Catalyst That Could 'Standardize' Bitcoin

QTR’s Fringe Finance • 28 implied HN points • 12 Feb 24
💰 Finance Bitcoin Cryptocurrency Financial Crisis Monetary Policy Inflation
  1. Bitcoin adoption could be accelerated through a major financial crisis where people seek an exit ramp from the traditional financial system.
  2. The decentralized nature of Bitcoin allows for success to be tied to its growth, empowering individuals who are tired of traditional financial institutions.
  3. Bitcoin offers a chance for the public to break the cycle of bearing the cost of financial failures by opting out of the current system and embracing digital freedom.

5/8/2023: Bitcoin Network is Congested

The Great Reset Diary 2022- • 19 implied HN points • 08 May 23
🔮 Crypto Bitcoin Market cap
  1. The Bitcoin network is currently congested, with over 460,000 pending transactions which has led to a significant increase in transaction fees.
  2. Binance suspended BTC withdrawals due to the congestion, highlighting the fragility of the Bitcoin network.
  3. Unlike Ethereum, Bitcoin doesn't have robust mechanisms to handle congestion issues, making it vulnerable to potential deliberate attacks.

Bitvana or the bitcaust

Gray Mirror • 51 implied HN points • 22 Mar 23
🔮 Crypto Bitcoin Cryptocurrency Financial system Monetary Policy
  1. Belief in financial systems is crucial for their stability - don't always trust the doomsayers predicting collapse.
  2. Understanding the true nature of inflation and the power of the Fed in the financial system provides insight into market dynamics.
  3. Capital flight to assets like Bitcoin can occur due to factors like dilution, destruction, and compression - but the end game must be stability to be effective.

Bitcoin Scoops Up Stranded and Excess Power

QTR’s Fringe Finance • 13 implied HN points • 07 Mar 24
🕹 Technology Bitcoin Green Energy Blockchain Cryptocurrency
  1. Bitcoin mining helps stabilize volatile green energy by absorbing excess electricity and supporting electricity grids.
  2. Having Bitcoin miners as 'consumers of last resort' can efficiently use excess power and reduce wasteful overbuilt capacity costs.
  3. Bitcoin miners bring economic benefits and sustainability to electricity grids by incentivizing additional generation and offering a win-win situation for all involved parties.

Talking Bitcoin On The "What Bitcoin Did" Podcast

QTR’s Fringe Finance • 13 implied HN points • 17 Feb 24
🎙 Podcasts Bitcoin Investing Monetary System Q&A Debate
  1. The author discussed Bitcoin, monetary systems, investing, and more on the 'What Bitcoin Did' podcast.
  2. Various topics were covered, including Bitcoin skepticism, inflation, the Gamestop rebellion, and fighting against central planners.
  3. Resources mentioned in the interview include 'Why I Bitcoin,' 'Saylor.org,' and 'Marty Bent.'

Bitcoin, Geopolitics, & Empire

Rounding the Earth Newsletter • 4 implied HN points • 18 Nov 24
🔮 Crypto Bitcoin Geopolitics Economics Finance Technology
  1. Bitcoin aims to replace traditional banks with a decentralized network that can eliminate many banking fees. This could help drive down costs for consumers and reshape financial systems.
  2. If Bitcoin becomes successful, it could reduce the negative impacts of traditional banks, like laundering money and contributing to crime. This might lead to a healthier economy and better lives for people in poorer nations.
  3. While Bitcoin has its challenges, like handling privacy concerns, it offers an opportunity for a more equitable distribution of wealth. The hope is that it drives genuine improvements in people's lives around the world.

How I buy crypto at the best price

Steve Kirsch's newsletter • 4 implied HN points • 03 Mar 24
🔮 Crypto Investing Trading Blockchain Bitcoin
  1. The author shares a technique to buy and sell crypto on Coinbase with ease, which could be advantageous in the current market.
  2. With new money entering through Bitcoin ETFs, the price of Bitcoin is predicted to increase significantly.
  3. Paid subscribers will receive exclusive access to the author's method of buying crypto, potentially giving them an edge in trading.