Discover and read the best of Twitter Threads about #Bicoin

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Hablemos acerca de Wallet de #Bitcoin
Antes de comenzar este 🧵 es importante saber esto 👇
Las Wallet de Bitcoin guardan llaves no monedas. Cada usuario tiene una wallet que contiene llaves, que en realidad son pares de llaves privadas/públicas y el saldo es la suma de UTXO.
Las wallet permiten a los usuarios firmar transacciones con sus llaves privadas, demostrando así que son dueños de los resultados de la transacción (sus BTC). Los BTC se almacenan en la cadena de bloques en forma de salidas de transacciones.
Existen dos tipos principales de Wallets, Las No deterministas y deterministas.

Las Wallet no determinista: Las llaves se genera de forma independiente a partir de un número aleatorio y las llaves no están relacionadas entre sí y se les conoce como JBOK (Just a Bunch Of Keys).
Read 25 tweets
Some thoughts about the impact of China's policy on #Bitcoin mining industry:
The current situation of #Bitcoin mining in China is not as serious as you think.
According to the minutes of "China Financial Stability Board": We resolutely prevent and control financial risk.... we shall crack down #Bitcoin mining and crypto trading activities in order to prevent individual risks from being spread to the social level.
From there, we can see that the main spirit of the meeting is to "prevent and control financial risks", to restrain social capital from flowing into #crypto mining sector which might lead to risks tranferring from individuals to the whole society.
Read 17 tweets
1/ Dear @elonmusk. The perfect troll is one where people don't know whether it is a troll or not. Your recent poorly informed criticism of #bicoin + support for Doge may be the perfect troll...or you might actually believe this (God I hope not).
2/ Whether you believe it or not is irrelevant right now, the implications are in play, and there are two specific ones I want to discuss:
a) Doge investors will get rekt
b) You are increasing the workload of Bitcoiners

I am not the smartest bitcoiner but I will do my best.
3/ Doge is a meme, a joke, it has no real developers and long-term serves little purpose beyond coin-flipping.

The blocksize debate is over. Bitcoin is the only meaningfully decentralised cryptocurrency serving to solve problems caused by central banking.
Read 25 tweets

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