wolfbearclaw on Nostr: I’m not the smartest guy in the room so while I’m working on my project I am ...
I’m not the smartest guy in the room so while I’m working on my project I am trying to keep in mind how to intuitively grasp some concepts.
This brought me back to how much I didn’t understand about Bitcoin. Not to proud to admit the following:
- I thought confirmations were nodes individually OKing your transaction. I thought 6 of them were “safe”
- I had no idea what mining a block was.
- My first on-chain transaction scared the shit out of me.
- I originally thought the “Bitcoins” were stored IN the wallet file
- Forget even understanding lightning payment channels
Then I learned.
Published at
2023-10-13 21:02:56Event JSON
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"content": "I’m not the smartest guy in the room so while I’m working on my project I am trying to keep in mind how to intuitively grasp some concepts. \n\nThis brought me back to how much I didn’t understand about Bitcoin. Not to proud to admit the following:\n\n- I thought confirmations were nodes individually OKing your transaction. I thought 6 of them were “safe”\n- I had no idea what mining a block was. \n- My first on-chain transaction scared the shit out of me. \n- I originally thought the “Bitcoins” were stored IN the wallet file\n- Forget even understanding lightning payment channels \n\nThen I learned.",
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