For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining.
Welcome to the /Bitcoin Sticky FAQ
You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper
however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net
, the Princeton crypto series
and James D'Angelo's Bitcoin 101 Blackboard series
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute
Some Bitcoin statistics can be found here
. Developer resources can be found here
. Peer-reviewed research papers can be found here
Potential upcoming protocol improvements and scaling resources here
The number of times Bitcoin was declared dead by the media can be found here
Key properties of Bitcoin
- Limited Supply - There will only ever be 21,000,000 bitcoins created and they are issued in a predictable fashion, you can view the inflation schedule here. Once they are all issued Bitcoin will be truly deflationary. The halving countdown can be found here.
- Open source - Bitcoin code is fully auditable. You can read the source code yourself here.
- Accountable - The public ledger is transparent, all transactions are seen by everyone.
- Decentralized - Bitcoin is globally distributed across thousands of nodes with no single point of failure and as such can't be shut down similar to how Bittorrent works. You can even run a node on a Raspberry Pi.
- Censorship resistant - No one can prevent you from interacting with the bitcoin network and no one can censor, alter or block transactions that they disagree with, see Operation Chokepoint.
- Push system - There are no chargebacks in bitcoin because only the person who owns the address where the bitcoins reside has the authority to move them.
- Low fee scaling - On chain transaction fees depend on network demand and how much priority you wish to assign to the transaction. Most wallets calculate on chain fees automatically but you can view current fees here and mempool activity here. On chain fees may rise occasionally due to network demand, however instant micropayments that do not require confirmations are happening via the Lightning Network, a second layer scaling solution currently rolling out on the Bitcoin mainnet.
- Borderless - No country can stop it from going in/out, even in areas currently unserved by traditional banking as the ledger is globally distributed.
- Trustless - Bitcoin solved the Byzantine's Generals Problem which means nobody needs to trust anybody for it to work.
- Pseudonymous - No need to expose personal information when purchasing with cash or transacting.
- Secure - Encrypted cryptographically and can’t be brute forced or confiscated with proper key management such as hardware wallets.
- Programmable - Individual units of bitcoin can be programmed to transfer based on certain criteria being met
- Nearly instant - From a few seconds to a few minutes depending on need for confirmations. Transactions are irreversible after one or more confirmations.
- Peer-to-peer - No intermediaries with a cut, no need for trusted third parties.
- Portable - Bitcoins are digital so they are easier to move than cash or gold. They can even be transported by simply memorizing a string of words for wallet recovery (while cool this method is generally not recommended due to potential for insecure key generation by inexperienced users. Hardware wallets are the preferred method for new users due to ease of use and additional security).
- Scalable - While the protocol is still being optimized for increased transaction capacity, blockchains do not scale very well, so most transaction volume is expected to occur on Layer 2 networks built on top of Bitcoin.
- Divisible - Each bitcoin can be divided down to 8 decimals, which means you don't have to worry about buying an entire bitcoin.
- Designed Money - Bitcoin was created to fit all the fundamental properties of money better than gold or fiat
Where can I buy bitcoins? Bitcoin.org
are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources
for a larger list of options for purchases. Here
is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage
Bitcoins are valued at whatever market price
people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev
is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".
Securing your bitcoins
With bitcoin you can "Be your own bank"
and personally secure your bitcoins OR
you can use third party companies aka "Bitcoin banks"
which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
- If you prefer to "Be your own bank" and have direct control over your coins without having to use a trusted third party, then you will need to create your own wallet and keep it secure. If you want easy and secure storage without having to learn computer security best practices, then a hardware wallet such as the Trezor, Ledger or ColdCard is recommended. Alternatively there are many software wallet options to choose from here depending on your use case.
- If you prefer to let third party "Bitcoin banks" manage your coins, try Gemini but be aware you may not be in control of your private keys in which case you would have to ask permission to access your funds and be exposed to third party risk.
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Watch out for scams
As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".
Where can I spend bitcoins?
Check out spendabit
or bitcoin directory
for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card
. Some other useful site are listed below.
|Store ||Product |
|Gyft ||Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc. |
|Spendabit, Overstock and The Bitcoin Directory ||Retail shopping with millions of results |
|ShakePay ||Generate one time use Visa cards in seconds |
|NewEgg and Dell ||For all your electronics needs |
|Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more ||Bill payment |
|Menufy, Takeaway and Thuisbezorgd NL ||Takeout delivered to your door |
|Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats ||For when you need to get away |
|Cryptostorm, Mullvad, and PIA ||VPN services |
|Namecheap, Porkbun ||Domain name registration |
|Stampnik ||Discounted USPS Priority, Express, First-Class mail postage |
are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk
There are also lots of charities
which accept bitcoin donations.
There are several benefits to accepting bitcoin as a payment option if you are a merchant;
- 1-3% savings over credit cards or PayPal.
- No chargebacks (final settlement in 10 minutes as opposed to 3+ months).
- Accept business from a global customer base.
- Increased privacy.
- Convert 100% of the sale to the currency of your choice for deposit to your account, or choose to keep a percentage of the sale in bitcoin if you wish to begin accumulating it.
If you are interested in accepting bitcoin as a payment method, there are several options available;
Can I mine bitcoin?
Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home
. If you want to learn more about mining you can read more here
. Still have mining questions? The crew at /BitcoinMining
would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node
using this setup guide
. If you would prefer to keep it simple there are several good options
. You can view the global node distribution here
Just like any other form of money, you can also earn bitcoins by being paid to do a job.
|Site ||Description |
|WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project ||Freelancing |
|Lolli ||Earn bitcoin when you shop online! |
|OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market ||Marketplaces |
|/GirlsGoneBitcoin NSFW ||Adult services |
|A-ads, Coinzilla.io ||Advertising |
You can also earn bitcoins by participating as a market maker on JoinMarket
by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.
The following is a short
list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
|Unit ||Symbol ||Value ||Info |
|bitcoin ||BTC ||1 bitcoin ||one bitcoin is equal to 100 million satoshis |
|millibitcoin ||mBTC ||1,000 per bitcoin ||used as default unit in recent Electrum wallet releases |
|bit ||bit ||1,000,000 per bitcoin ||colloquial "slang" term for microbitcoin (μBTC) |
|satoshi ||sat ||100,000,000 per bitcoin ||smallest unit in bitcoin, named after the inventor |
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
- 0.001 BTC
- 1 mBTC
- 1,000 bits
- 100k sats
For more information check out the Bitcoin units wiki
. Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
My name is Amy, and I’m what’s called a Computer Dominatrix. My clients are all long distance, we never interact face-to-face, and I have control over all of them. Some give me absolute control, some give me specific portions with boundaries. Some are married or dating, others are single. They all make use of my talents to give up control of at least part of their lives.
When a new client contacts me, we exchange a few messages so I have some background about them, and I lay out what my services usually entail. I tell a few stories of what other clients have asked me to do for them, to help the new client select scenarios they would like to set up. Most of my clients have never had a Digital Dom before. So, giving them a few examples and options helps bolster their confidence.
The usual set-up goes like this: my client installs some spyware on their computer that I control. It gives me the power to do things like lock their computer, see their screen, disable the keyboard, take over control of their computer, and get reports of what they’re doing on their computer. With this tool, I can perform my services.
Some clients want me to watch their bank statements and shame them if they spend too much money or buy surprise things with their money as if I own the account. Other clients want me to monitor their porn usage and shame them for what they look up. Or, if I log in and catch them using porn, I should direct them to different porn of my choosing and force them to watch that instead. One even wanted me to try and break into his computer and install the spyware secretly. That was a fun client to work with.
When it comes down to it, they just want to relinquish a little control over their lives. I understand where their desires come from, and knowing it helps me be a better Dom.
Contrasting the fun times of my career, I’ve had a few mishaps and horrible things happen.
I had one client sign up for my services. We messaged a few times to get to know one another before I agreed to accept him as a client. He was in his mid thirties, single, and wanted me to watch him look at porn and make random comments on the things he was watching.
Really, not that abnormal for my choice of career.
I had him sign an agreement that helps me avoid legal trouble if they try to report me for hacking (had this happen before), and we got started. I gave him the url where he could install my personal spyware, and he followed through.
He only asked that I give him a little advance notice before I start watching, which I agreed to. Boundaries are important.
I would check up on him twice a week, and send him a message before I did saying “I’m coming to check on you in ten minutes, you better be watching something good.” I would log in ten minutes later to the second and start either shaming him for his choice of videos or praise him for making the “right” choice. All of this was predetermined.
Things were going fine with this client, and I balanced him with about 10 others. Being a Digital Dom makes it easy to spread your attention across many clients. Bonus if you can get clients from different time zones so they would log in at different times so you don’t have to multitask.
I was about to check in with another client, when I mis-clicked in my software. See, my spyware (which I paid to be custom written after wishing for more features in commercial tools) lists my clients by most recently connected in one screen. When I add a new client, it can mess with the order of the page I am so used to mindlessly clicking through. I’ve since paid for that to get fixed and sort clients alphabetically, but this time I made a mistake.
I clicked on this new client and connected to his computer.
A gasp escaped my lips as I saw what he was looking at. I’ll leave that up to your imagination. It was some of the most fucked up porn I’ve ever seen. Involving victims of questionable age. And blood.
If I could have slipped out of there, I would have. But this client requested a popup to appear whenever I connected so he would know I was there.
That popup revealed my unexpected presence.
Instead of panicking and trying to close the window, he calmly moved his mouse to the task bar and opened a text document. I was frozen while watching him type. I should have logged straight out, but I instead started to open a voice channel to tell him I was dropping him as a client.
It was too much for me, and I decided to set that boundary early on in my career.
“Like what you see?”
He had typed into the word document, and the cursor blinked impatiently at me.
I thought my voice would crack, so I took over the keyboard and typed back.
“I’m sorry, but I’m going to refund your money and no longer service you. Please uninstall this software and watch for your refund.”
He paused for a while, and I waited for him to respond once before I disconnected. He took too long, so I closed the window and took a deep breath while sitting back.
I was feeling really disconcerted from what I’d watched. It wasn’t the first time a client had tried to show me illegal things during a session, but it always makes me sick when they do. I gave the reins over to another Digital Dom I have partnered with. We take over for each other if we feel ill or something. Just temporarily.
I went to take a shower to wash out those images.
My computer started acting up more than a month later. So much had gone on since dropping that client that I didn’t connect the two at first.
The computer would slow down for a few minutes, then resume its normal speed. I assumed it was because I hadn’t restarted in a while, so I restarted it. That seemed to fix the problem.
When I had rebooted, the wifi slowed down considerably, enough for my roommate, Jess, to ask if I was downloading anything big. I had logged into the router to see if that also needed to be restarted when I noticed a device I didn’t recognize was connected to the wifi.
I swallowed hard. RASPI
was the name of the connected device. It had connected to the network three days ago.
Some strangers' device was on our network. And they had to be nearby, at least within range of wifi. I immediately suspected that a neighbor had brute forced our wifi password and was now stealing internet.
Before kicking the device off, I looked at the router’s traffic report. The device had a significant size of traffic in the last few days, but my computer used the most out of all of our devices. The device came in 5th place for most data used.
It made sense that my computer was using so much bandwidth, but 75+ gigabytes in 3 days was excessive
My throat seized, and I immediately reached around to the back of my computer and unplugged the ethernet cable.
Deep, primal panic set in. This was a very specific attack. It’s not the kind of hacking you can do en masse to install some ransomware or adware.
Someone was targeting me or both of us.
Someone who was willing to spend time brute forcing a wifi password and going after one specific machine on the network.
I called Lucas, the guy I hired to write my spyware for me, and filled him in on everything I knew. He knows perfectly well what his software is used for and isn’t weird about it. He agreed to take a look at my computer for a fee.
So, trusting him as I have all my career, I installed a commercial remote desktop tool and let him connect. The moment I reconnected the computer to the internet, the router showed a spike in traffic again.
I had him on a call while he worked, and I watched what he did carefully, trying my best to learn what he was doing so I could troubleshoot myself if this ever happened again.
“Oh shit,” Lucas muttered. He had a traffic analyzer and computer process analyzer open on-screen. “Amy, I think you got hacked. Like, they’re downloading your hard drive!”
” I began to really panic. I had a lot
of my clients information on this machine. Keys that let me log into their machines. Bitcoin Cash addresses and keys where I stored my fees.
Now someone had them. They could easily start stealing and spending my thousands in accumulated fees and harass my clients.
I’d lose a big chunk of my savings and my livelihood.
Immediately, I took over the computer and shut Lucas out while I created new crypto addresses and started transferring money. The fees from transferring would make me lose a little money, but it was better than losing it all.
I also started backing up the hard drive to several USB drives I had lying around. Just the important stuff like my files, personal photos, and client info.
When I let Lucas back in, he got to work finding the process that was exfiltrating my data and shutting it down. He tracked down the executable that was running the show and downloaded it to his own computer before deleting it from mine.
He promised to dissect it as best he could to figure out what it was doing.
Before he did that, however, he started monitoring my system to make sure the virus had been truly cleared out.
While watching my system, he gave me a task.
“Walk around your apartment. Search everywhere
and look for that rogue device. It’s been continuously connected for days, which means whoever is doing this is probably not camped out on the road. From the name, I’d guess it’s a Raspberry Pi -- a small computer about the size of a phone but two inches tall.”
He sent me a picture of the type of device we were looking for.
“They probably left it hidden somewhere, either connected to an outlet or with a large battery pack. Go and look for it,” he insisted.
I got Jess to help me search the place top to bottom. Nothing. Not even outside in the bushes or on the back porch.
We split up and went to our neighbors, asking if they’d seen anyone suspicious hanging around the building in the last week. No one on our floor had. I went upstairs and asked the same questions.
Our upstairs neighbor said the only person he’d seen was a guy coming to update their satellite dish on the balcony. My throat seized up as I realized that could be them.
I asked hesitantly if I could look at their dish. I didn’t know them, but briefly explained that someone had left a device lying around that was breaking into our wifi and that our next step was to call the police.
They panicked at that, and let me check their balcony if I promised to keep them out of it if I called the cops. I agreed, knowing full well that they did drugs and would hate for the police to come around the apartment complex.
There, on the balcony, was exactly what Lucas had told me to look for. A black box sat along the wall between the satellite and the wall the cable ran into. A power cord exited the box and connected to an outlet on the balcony.
I cracked open the box with my fingers and found a circuit board inside, connected via usb to the outlet. The satellite cable passed straight through the box without connecting to anything. The box was a fake, made to look like it was doing something to the cable as it passed through.
The circuit board looked exactly like the picture Lucas had shown me.
There was our rogue device.
I unplugged the device, fully aware that unplugging it would alert whoever was controlling it. They could assume it was disconnected accidentally, or they would think I had found it. Either way, I couldn’t just leave it.
I thanked the neighbors and left with the whole box. Jess met me on the stairs, saying that Lucas had asked her to disconnect the internet on the computer and have me call him back.
Jess stared in wide-eyed shock as I showed her what I’d found. The upstairs neighbors were well within range of our wifi for the device to connect. The job was only barely sloppy enough to detect. We were lucky I had found it at all.
On the phone Lucas sounded panicked.
“They didn’t just copy your hard drive, they added files to it,” he squeaked. “Bad
files. Bad pictures.”
My jaw tightened, and I felt sick. I made the connection to the client I’d dropped.
“Delete all your shit now
,” Lucas was demanding. “You already backed up what you want, you need to destroy that hard drive. Smash it, burn it, bury it. Go get a new hard drive. Start as fresh as you can. I can help you get set back up if you want.”
“I think I know what’ll happen,” I muttered. “He’ll call the police on me and tip them off that I have those… pictures. They’ll find it and arrest me for possession. Game over.”
“He? You know who it is?” Lucas pressed.
I told him about the client I’d dropped.
“That’s why you need to torch your hard drives. Now. Both of you. Same with your phones. Who knows where else he’s been,” was Lucas’ advice.
I won’t confirm or deny what I did with the hard drive or the device. If I destroyed it, it would technically be destruction of evidence.
I ordered a new hard drive and reinstalled everything. I explained to my clients that I had lost internet connection for a couple of days, and didn’t end up losing any clients.
I haven’t told the police everything. The last time I got involved with them, there was so much harassment from them about my career that I’d rather not have more negative interactions with them. It just isn’t worth it in this case. I kept my report short and simple: a guy I met online and dumped might try something and come to my house. I gave them the information the client gave me, but I suspect more and more that it was fake.
Making a report will help if anything new happens.
I’ve written about this before on other anonymous forums, specifically for other Doms. Because of those posts, a few journalists have reached out and are writing features based on me, my career, and these events. They should be published in the next few days.
I’m just interested in sharing stories like this as publicly as possible, for awareness.
Lucas explained that the Raspberry Pi was a tiny computer that had a cellular connection so the client could connect to it from anywhere in the world and try to break into my wifi. Once he had succeeded, the client had gone to work breaking into my computer and getting their malware installed. We still don’t know 100% how he did it.
Lucas worked tirelessly to revise his software and remove vulnerabilities that could be used to trace me. We don’t know which vulnerabilities the client used, if any. We do know that there is one left, however.
I know this because every once in a while, a client will show up in my software who I didn’t sign up. A new name and data every time. I don’t dare click it. I just know
what will be waiting for me upon connection.
“Like what you see?”
Lucas hasn’t been able to track down how he’s injecting fake clients into the software. Until Lucas can fix it, all I can do is click carefully and not connect again by accident. I’m sure the client is using a modified version of my spyware, ready to do all kinds of damage the moment I connect.
The guy is clearly an expert. Who knows how many other people he’s done something like this to. One thing is certain: he was prepared to conduct this attack.
My career isn’t always dangerous, but the clients can be unpredictable.
Latest News (most recent first) - Instant channels enable safe Lightning payments with unconfirmed funding Beta - Feb 10, 2019 - Voyager, New trading app from Uber & E-Trade execs announce launch date - Feb 9, 2019 - bumi/blockstream_satellite ruby gem for the Blockstream Satellite API - Feb 8, 2019 - New Zap Desktop 0.3.4 is out. New features, massive performance - Feb 8, 2019 - New release: @lightning desktop app v0.4.0-alpha - Feb 8, 2019 - valerio-vaccaro/Liquid-dashboard - Feb 7, 2019 - Japanese SBI Holdings will allow trading of coins - March 2019 - lnd v0.5.2-beta released - Feb 6, 2019 - Koala studios launches online LN gaming platform - Feb 6, 2019 - Independent Reserve has become the first #crypto exchange in Australia to be insured, with coverage underwritten by Lloyd's of London. - Feb 6, 2019 - Coinbase announces BTC support for their mobile (keep your own keys) wallet - Feb 6, 2019 - Blockstream published a new open source Proof of Reserves tool. - Feb 5, 2019 - RTL release v0.1.14-alpha - Feb 5, 2019 - dr-orlovsky/typhon-spec spec for new trestles side chain published - Feb 5, 2019 - Payment requests coming soon to BTCPay. - Feb 5th, 2019 - Kraken Acquires Futures Startup In Deal Worth At Least $100 Million - Feb 5th, 2019 - Next Blockchain cruise scheduled for June 9-13 - Feb 4, 2019 - Work on a GoTenna plugin to Electrum wallet in progress - Feb 4, 2019 - Bitcoin Candy Dispensers being open sourced - Feb 4, 2019 - New release of JoinMarket v0.5.3 - Feb 4, 2019 - Prime Trust won’t charge its clients to custody digital assets any longer. - Feb 4, 2019 - nodogsplash/nodogsplash wifi access using LN - Feb 3, 2019 - @tippin_me Receive tips using Lightning Network adds message feature - Feb 3, 2019 - Bitcoin-for-Taxes Bill in NH Unanimously Approved by House Subcommittee - Feb 3, 2019 - Full support for native segwit merged into bitcoinj - Feb 3, 2019 - Bitfury is partnering with financial services firm Final Frontier! - Feb 2, 2019 - Now you can open #LightningNetwork channels in @LightningJoule - Feb 2, 2019 - Integrating Blockstream’s Liquid payments on SideShift AI - Feb 1, 2019 - Wyoming legislature passes bill to recognize cryptocurrency as money - Feb 1, 2019 - Casa is open sourcing the code for the Casa Node - Feb 1, 2019 - Casa Browser Extension released - v0.5.2-beta-rc6 of lnd, full release getting very close now - Feb 1, 2019 - Tallycoin adds subscriptions and paywall features in bid to rival Patreon - Jan 31, 2019 - Static channel backup PR merged into LN - Jan 31, 2019 - The NYDFS grants another Bitlicense to ATM operator - Jan 31, 2019 - @pwuille currently proposing the “MiniScript” language to describe BTC output locking conditions for practical composition - Jan 31, 2019 - Fidelity is in the “final testing” phase for its new digital asset business - Jan 31, 2019 - Hardware wallet PR #109 just got merged so that @Trezor no longer requires user interaction for PIN - Jan 31, 2019 - CBOE, VanEck & SolidX filed a new & improved bitcoin ETF proposal. - Jan 31, 2019 - Casa Node code is now open sourced - Jan 31, 2019 - Next Bitoin halving in roughly 497 days - Jan 31, 2019 - BTCPay released 220.127.116.11 - Jan 31, 2019 - @binance now lets users purchase cryptos using Visa and Mastercard credit. - Jan 31, 2019 - Bitfury to Launch Bitcoin Operations in Paraguay - Jan 31, 2019 - Coinbase introduces very generous affiliate program - Jan 30, 2019 - DOJO Trusted Node bitcoin full node. Coming Early 2019 - Jan 30, 2019 - FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 30, 2019 - TD Ameritrade says clients want cryptocurrency investment options - company plans major announcement in 'first half of 2019' - Jan 30, 2019 - Storage component of Fidelity's @DigitalAssets live, with some assets under management, @nikhileshde - Jan 29, 2019 - lightning mainnet has reached 600 BTC capacity - Jan 29, 2019 - Drivechain shows picture of Grin side chain and suggests might be ready in 2 month - Jan 29, 2019 - Lightning labs iOS neutrino wallet in testing stage now - Jan 29, 2019 - Aliant offering cryptocurrency processing free-of-charge - Jan 29, 2019 - Chainstone’s Regulator product to manage assets on the way - Jan 29, 2019 - Fidelity Investments’ new crypto custody service may officially launch in March. - Jan 29, 2019 - Gemini's becomes FIRST crypto EXCHANGE and CUSTODIAN to complete a SOC 2 Review by Deloitte - Jan 29, 2019 - Iran has lifted the ban on Bitcoin and cryptocurrency - Jan 29, 2019 - Confidential Transactions being added into Litecoin announcement - Jan 28, 2019 - http://FastBitcoins.com
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- Bitrefill - LN now accounts for more payments than alts - Jan 24, 2019
- proofd.app allows you to store a checksum of a doc on the blockchain - Jan 24, 2019
- 487 days until bitcoin halving - Jan 23, 2019
- New #GalaxyS10 coming with ‘Samsung Blockchain KeyStore’- Jan 24, 2019
- Proof-of-Reserves tool for Bitcoin github.com/stevenroose/reserves - Jan 24, 2019
- Lightning Network Pac-Man Arcade introduced - Jan 23, 2019
- bitlum.io - mainnet Lightning Network Bitcoin wallet beta ready - Jan 23, 2019
- Paywithmoon beta browser extension lets you shop directly on http://Amazon.com from Coinbase account - Jan 23, 2009
- Cboe pulls its long-awaited bitcoin ETF application as government is shutdown. Will refile later on - Jan 23, 2019
- Coinbase is focusing on expanding its trading platform throughout Asia. - Jan 23, 2019
- The Pennsylvania Department of Banking and Securities (DoBS) says cryptocurrency exchanges in the state do not require Money Transmission Business Licenses. - Jan 23, 2019
- Seed CX Chicago-based exchange startup launched a bitcoin spot trading market for major clients - Jan 23, 2019
- Bitcoin [BTC] payments could go live on Japanese E-Commerce giant Rakuten soon - Jan 23, 2019
- South Africa releases draft cryptocurrency regulation, which will implement bank management of Bitcoin - Jan 23, 2019
- 22.214.171.124 Btcpay released Jan 23 2019
- LibrePatron has been integrated to the btcpayserver-docker project - Jan 23 2019
- LightningPeach simple access to instant and cheap payments - Dec 2019
- Expect JP Morgan To Use Bakkt’s Infrastructure - Jan 2019
- Tallycoin introduces paid posts (like @YallsOrg) and subscriptions (like Patreon) - Jan 2019
- Eclair Mobile v0.3.17 - Jan 2019
- Bitcoin Sidechain RSK Name Service (RNS) - Jan 2019
- new zap iOS alpha - Jan 2019
- Release Candidate of RaspiBlitz 1.0 is out - Jan 2019
- Joule release is up (0.4.0) - Jan 2019
- Wyoming #blockchain bills have passed their house of origination & are moving to the other house - Jan 2019
- Cyphernode v0.1.1 released - Jan 2019
- BitBlenderhas an option to pay Lightning Bolt 11 invoices - Jan 2019
- Dutch bank ABN AMRO experiments with own Bitcoin custody services - Jan 2019
- Hold invoice feature close to being added for lnd. Allows receiver to choose whether to settle or cancel - Jan 2019
- Bakkt is looking to make a slew of hires to build out its digital asset ecosystem, mobile app - Jan 2019
- https://github.com/michaelsdunn1/rpi-lightning-node-ansible deploying LN on Raspberry Pi - Jan 2019
- Coinbase intros cross-border wire transfers, expanded trading/custody services for Asia, U.K. & Europe institutional customers - Jan 2019
- Davos: First-ever Arabic and Hindi translations of the Satoshi white paper. - Jan 2019
- ACINQ/eclair-mobile - 478 - Jan 24, 2009
- bitcoin/bitcoin commits - 19354 - Jan 24, 2009
- lightningnetwork/lnd - 6153 commits - Jan 24, 2019
- c-lightning 5143 - Jan 24, 2019
- rust-bitcoin/rust-lightning - 834 - Jan 25, 2019
- lightninglabs/neutrino - 406 - Jan 25, 2019
- bitcoinj/bitcoinj - 3180 - Feb 9, 2019
- BlueWallet/BlueWallet - 901 - Feb 9, 2019
- Blockstream/satellite - 189 - Feb 9, 2019
Nodes and Market Dominance
- Bitcoin nodes 9964 - Jan 24, 2019
- Bitcoin market dominance 52.4% - Jan 24, 2019
- Bitcoin Core 0.17.1 - Dec 2018
- MAST Smart contracts - TBA
- Testnet release of Schnorr signature - TBA
- Mainnet release of Schnorr signature - TBA
- Bitcoin node count reaches 15,000 - TBA
- Next Halving - May 2, 2020
- Over $3.2 trillion was sent using bitcoin - 2018
- Grayscale launching Stellar fund - Jan 2019
- Nasdaq / VanEck Bitcoin Futures - Q1, 2019
- CBOE-backed VanEck/SolidX Bitcoin ETF - February 27, 2019.
- Bakkt acquires “certain assets” of RCG - Jan 2019
- Bakkt trading - April 2019
- Winklevoss ETF - June 2019
- Fidelity starts selling Bitcoin - June 2019
- Bitmain declares bankruptcy - TBA
- Neutrino - Dec 2018 (available in lnd node)
- LN Channel splicing - June 2019
- LN Sphinx-send - June 2019
- LN eltoo and Channel Factories - TBA
- Atomic Multi-Path Payments (AMP) main net - TBA
- LN node count reaches 10,000 - TBA
- LN: Watchtowers - TBA
- LND channel fund backups - TBA
- LN on Electrum - JTBA
- LN Splicing capability - TBA
- Mainnet release of Lightning Labs desktop - TBA
- Mainnet release of Lightning Labs mobile - JTBA
- 2-3 Major exchanges integrate LN - TBA
- Coinbase integrates LN - TBA
Will update this section when I hear new developments
- Samourai 0.99.05 - Staggered Delivery to Ricochet - Jan 2019
- Ledger X shipping - Mar 2019
- Hardware wallet integrations for Wasabi - TBA
- Hardware wallet integrations for LN - TBA
- Eclair v0.2-beta9 - Jan 2019
- lnd v0.5.1-beta - Nov 2018
- Ride The Lightning - A full feature web app for managing LND node - Jan 2019
LN Extensions / Launchers
- LightningJoule - chrome ext - Jan 2019
- tippin_me - tip jar - Jan 2019
- Cyphernode_io - API kit - Jan 2019
- Pierre Rochard's lnd launcher - Jan 2019
- Blockstream Blockchain Explorer - Dec 2018
LN Desktop wallets:
- Zap Desktop v0.3.3-beta - Jan 2019
LN Mobile wallets:
- BlueWallet - Dec 2018
- BlueWallet introduces Lapp Browser and Lapp Marketplace v3.6.0 - Jan 2019
- Wallet of Satoshi - 10,000 payments - Jan 2019
- Eclair Mobile v0.3.16 - Jan 2019
- Breez Wallet for Android - Jan 2019
- lntxbot (send and receive lightning payments via telegram) - Jan 2019
- zap wallet - Oct 2018
- Nodes: 6,035 nodes - Feb 8, 2019
- Nodes: 5,500, Channels 20,800 - Jan 2019
- Casa - Oct 2018
- Lightning In A Box - Dec 2018
- lndash - a Python dashboard for your LN node - Jan 2019
- glightning: a c-lightning plugin - Jan 2019
- BitPatron a Bitcoin Lightning Patreon Alternative - Jan 2019
- Crypto Garage issues a stablecoin pegged to JPY - Jan 2019
- Wyoming Introduces Bill Offering Cryptocurrencies Legal Clarity To Attract Blockchain Business - Jan 2019
- Binance Decentralized Exchange (DEX) - Jan 2019
- Coinstar launching BTC in stores - Jan 2019
- Coinstar adds #Bitcoin to 20,000+ machines worldwide - Jan 2019
- Binance Jersey opens - Jan 2019
- Indonesia’s First Billion-Dollar Unicorn Acquires Philippine Bitcoin Wallet coins.ph - Jan 2019
- Xapo shifting services from Hong Kong to Switzerland - Jan 2019
- LightningNetwork payments on @BTCBITNET exchange - Jan 2019
- BTCPAY offering fiat exchange - TBA
Please comment if you have any ideas on dates. Many of these dates are placeholders waiting for me to update. If you comment then I will update the post.
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