THE FLIPPENING
May 07, 2023
Block Height: 788,716
Moscow Time: 34:86 ⚡/ $
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🎙️Quote of the Day🎙️
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“Great day to plug in a miner…or learn about the lightning network. ⚡️”
Erin (npub1t92…agf4)
Great day to plug in a miner…or learn about the lightning network. ⚡️
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🚨Headline nostr News🚨
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derGigi ⚡🧡 (npub1der…xzpc) Many have dubbed today as “The Flippening,” as Block 788695 saw the transaction fees surpass the block subsidy (6.25 btc). However, other users pointed out that it’s not the first time this has occurred, as block 470189 in 2017 also experienced a similar flippening of the fees being greater than the block reward. 🔀
The Flippening
jb55 (npub1xts…kk5s) points out the importance of opening large lightning channels during low on chain fee periods in order to be prepared for increased fees and activity when it happens again, regardless of the reason for it. ⛓️⚡️
At least we can keep zapping without an increase in fees. Lightning is magic 🪄✨
Looks like locking in large ⚡️ channels during mempool clears will become increasingly important. 🧐
Mempool storms are a glimpse into the future when onchain activity is a lot more, regardless of its monke jpgs or just an increased demand for bitcoin as a whole.
It’s good to learn from these events and prepare accordingly. note1w9c…jglt
Binance suspends #Bitcoin withdrawals citing “congestion issues.” They later announced on Twitter that they had resumed withdrawals. Remember, not your keys, not your #bitcoin. 🔑🌽
https://cointelegraph.com/news/binance-closes-btc-withdrawals-amid-congestion-on-the-bitcoin-network/amp
nostr.build (npub1nxy…avr7) Nostr.build notices a 30% drop in uploads compared to previous day, despite not having any major outages with the service. 📸
There were 2800 uploads yesterday, but only 1900 today, 30% drop in a day, no major outages, weird…
iefan 🕊️ (npub1cmm…lr6f) Zapit.live has surpassed 5 million sats in transactions today! 🎉
Congratulations to all the creators. Zapit.live has surpassed 5 million sats in transactions today! And please don't forget to check your wallets and withdraw your funds.
This is only the beginning.
AviBurra (npub1hqa…t56s) last Friday’s episode of #Plebchain Radio featuring NunyaBidness (npub1vwy…zugd) is now available online. Link to episode in note.
Friday’s episode of #[0] with #[1] is now up https://m.soundcloud.com/user356314547/plebchain-radio-episode-9-nunya-bidness?ref=clipboard&p=i&c=1&si=000FF18F00234078BEF1825E89970C21&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing
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💻nostr Tech💻
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Vitor Pamplona (npub1gcx…nj5z) Amethyst 0.43.0 (alpha): Performance improvements. This build includes performance tweaks in every corner of the app.
Amethyst 0.43.0 (alpha): Performance improvements
This build includes performance tweaks in every corner of the app. So, please pay attention to things that were working and are not anymore, and report back.
Happy Sunday!
Download:
- Play Edition with Translations: https://github.com/vitorpamplona/amethyst/releases/download/v0.43.0/amethyst-googleplay-universal-v0.43.0.apk
- F-Droid Edition without Translations: https://github.com/vitorpamplona/amethyst/releases/download/v0.43.0/amethyst-fdroid-universal-v0.43.0.apk
jb55 (npub1xts…kk5s) drops #Damus Build 21, with fixes for app crashing and improved DMs and mentions. Build 22 and 23 were subsequently released to address other issues. 🙌
Build 21 is out! It fixes crashing, improves dms, fixes a bug where you cant mention someone in the middle of a post, and attempts to fixes an issue where damus fails to reconnect sometimes. Please test !
melvincarvalho (npub1mel…5c24) Have no fear, the future is here. Run a relay on your phone with Termux and Fonstr. ☎️🤳
Run a #Nostr Relay on Your Phone with Termux and Fonstr
https://dev.to/melvincarvalho/run-a-nostr-relay-on-your-phone-with-termux-and-fonstr-4cmg
Anti-Spasti (npub1yu2…9xxs) Paxful is going to build a non-kyc p2p #bitcoin exchange. 💱💹
Paxful co-founder is going to build a Bisq/Peachbitcoin clone
https://www.theblock.co/post/229628/paxful-co-founder-plots-ambitious-plan-to-reopen-p2p-crypto-trading-after-company-implosion
Sully (npub1gl7…kd90) Interesting perspective from Colin on what #bitcoin miners might be working for in the n LLP ot so distant future. ⛏️
Mark my words: 3.0 BTC tx fees/block by 2027
PABLOF7z (npub1l2v…ajft) reminds us of his project https://kind3.xyz that allows you to make “checkpoints” of follow lists. But more interesting, it would allow you to make different versions of your follow list so you can test out different nostr experiences! 🧐
In case you didn't see me announce this one a few days ago and you want to check it out:
https://kind3.xyz
it allows you to make "checkpoints" of your follow list that you can one-click restore
then you can go nuts experimenting with following entirely different kind of follow lists
it's different than just making a few different follow lists that you check out every once in a while, because this makes them your primary list of people you follow so your entire nostr experience changes
brugeman (npub1xdt…ntxy) Update on Nostr.Band allows you to manage profile lists!
Update on Nostr.Band - manage profile lists!
There is now 'List' menu under all profiles, you can list/unlist a person with two clicks.
Really excited about profile lists, especially when clients allow you to subscribe to them! Coming soon to Amethyst AFAIK.
No fancier list management features are planned - use (and help improve) listr.lol for that.
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⚡nostr Business⚡
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President Biden considers whether to invoke powers under the 14th Amendment to bypass Congress and avoid defaulting on the nation’s debt. Sec. Yellen says this would create a Constitutional crisis, and if Congress doesn’t act, “we will have an economic and financial catastrophe that will be of our own making, and there is no action that President Biden and the U.S. Treasury can take to prevent that catastrophe.”
https://thehill.com/homenews/administration/3992673-14th-amendment-emerges-as-last-ditch-fix-to-ward-off-default/amp/
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🔥🔥Meme of the Day🔥🔥
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Sully (npub1gl7…kd90) Layer 1 Royalty
Stay Classy Nostr