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Dec 27 15 tweets 5 min read Read on X
Why Luke Dashjr Is A #Bitcoin Legend

Jack Dorsey calls him Bitcoin's "Guardian Angel"
BTC developer since $0.30

A thread. 🔥 Image
1/ Luke discovered #Bitcoin in 2010.

He was at New Year's Eve Party on an IRC chatroom.

The price was just $0.30 ‼️
2/ Since 2011, Luke has been an official BIP Editor.

He volunteers his time to vet proposed changes to #Bitcoin, or Bitcoin Improvement Proposals (BIPs).

This is a MAJOR part of technical consensus 👏 Image
3/ Later in 2011, Luke started one of the 1st-ever mining pools.

Called Eligius, it allowed miners to "pool" their hashpower to better monetize their efforts.

He helped others mine OVER 300,000 $BTC ‼️ Image
4/ During Bitcoin's first big soft fork in 2012, Luke proposed BIP 17, a standard for multi-sig wallets.

The proposal was contested by Bitcoin's "lead developer," who asked him to leave the project. Luke refused.

Today, BIP 17 is widely seen as a superior solution 👏 Image
5/ In 2013, Luke came to #Bitcoin's defense again.

He was one of the first to detect an accidental hard fork caused by a developer change.

If unchecked, it could have split the network in two ‼️ Image
6/ Amid the Block Size wars, Luke again came to #Bitcoin's aid.

When all progress was blocked, Luke figured out how to implement SegWit as a soft fork block size increase.

It's a key reason the network can process 4MB blocks today 👏 Image
7/ By 2016, Luke was one of the top #Bitcoin developers in the world.

He had over 1,000 commits, or approved changes to the protocol.

Almost as many as Satoshi Nakamoto 🤯 Image
8/ In 2017, Bitcoin was in a full-blown civil war.

Luke was one of the only #Bitcoin core developers to support the UASF movement that enacted SegWit.

The UASF proved ONCE AND FOR ALL that users, not businesses or miners, drive consensus 🏆 Image
9/ Today, Luke develops #Bitcoin Knots.

It's one of the few alternative software implementations for Bitcoin.

The ability to write alternative implementations is a key feature of the network. It keeps Bitcoin decentralized 👏 Image
10/ In 2023, Luke launched a new mining pool called Ocean.

It raised $7 million from investors like Jack Dorsey.

Ocean decentralizes mining by paying miners from the protocol directly, and letting miners NOT POOLS vet transactions 👏 Image
11/ Luke continues to advocate against centralization.

Here he is speaking out against larger blocks in 2019.

It's one of the best explanations of how they can harm the #Bitcoin network 💖
12/ Despite raising a family of 10 KIDS, Luke continues to volunteer his time to #Bitcoin.

He's continued to do this – even when companies wouldn't support his work.

He did persevered for years 👏 Image
13/ By many metrics, Luke continues to be one of the top #Bitcoin developers.

Here's a list of the top BIP authors by volume.

Luke is ranked #2 in the world 👏 Image
14/ Today, Luke continues to fight to keep #Bitcoin decentralized.

He remains one of the project's key independent voices

Image

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More from @pete_rizzo_

Dec 21
WHY JACK DORSEY IS A #BITCOIN LEGEND

Worth $5.7 billion
Discovered BTC at $11
Wears a Satoshi shirt everywhere

A thread 🔥 Image
1/ In 2009, Jack Dorsey was already a tech mogul.

The founder of Twitter – he was on his way to becoming a multi-billionaire.

But he realized there was a bigger problem – payments – even with smartphones, our money was broken. 🤩
2/ By 2012, Jack had founded Square (now Block)

It was one of the world’s fastest growing financial startups, processing over $3 billion.

That’s when Jack heard about #Bitcoin – and he was eager to accept an innovative new currency. 👏 Image
Read 19 tweets
Dec 15
His books orange pilled millions
& made billionaires buy 400,000 $BTC

Saifedean's best #Bitcoin quotes: A thread 🔥 Image
#Bitcoin price: $3,300 Image
#Bitcoin price: $3,900 Image
Read 18 tweets
Dec 14
He bought 260,000 #Bitcoin for $0.01 each

His exchange ERASED the trade

The TRAGIC STORY of Kevin Day, who lost $16 billion in one of the biggest exchange rollbacks in crypto history Image
1/ Kevin Day was a 1990s geek from Nebraska.

A video game developer, he worked on classics like Mortal Kombat 4, NBA Showtime, and NFL Blitz.

He even once met Luke Skywalker himself – Mark Hamill Image
2/ In his spare time, Kevin worked on the internet.

When his startup closed in the Dot-Com Crash, he went on hosting websites.

That’s what attracted him to #Bitcoin – he loved the freedom of web culture. Image
Read 18 tweets
Dec 8
His invention separated money and state forever

Satoshi Nakamoto’s most bullish #Bitcoin quotes: A thread 🚀 Image
#Bitcoin price: $0 Image
#Bitcoin price: $0.001 Image
Read 17 tweets
Dec 1
He received the 1st known email from Satoshi Nakamoto – at $0, before #Bitcoin had even launched

Adam Back’s most bullish $BTC quotes: A thread 🔥 Image
#Bitcoin price: $16,700 Image
#Bitcoin price: $9,400 Image
Read 16 tweets
Nov 30
He built the largest #Bitcoin market, when the price was less than $1

Ross Ulbricht's most bullish $BTC quotes | A thread 🔥 Image
#Bitcoin price: $0.82 Image
#Bitcoin price: $5 Image
Read 15 tweets

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