100 Day #Bitcoin Challenge (Day 89)
+3 - Sent a friend #Bitcoin three different way: ⚡️custodial (@walletofsatoshi), ⚡️ non-custodial (@PhoenixWallet ), #Bitcoin on-chain (@bluewalletio)
She learned a ton about #Bitcoin transactions!
Total #Bitcoin Interactions: 83
⚡️custodial: good option for someone to experience #Bitcoin for the first time since it has minimal friction BUT not the safest since the user does not own the private keys
⚡️ non-custodial: user owns the private keys so a more secure way to interact with the lightning network
#Bitcoin on-chain: the OG way to interact with #Bitcoin before the lightning network existed. The transaction is recorded on the 'ledger.' An excellent way to explain the blockchain by using the txID on @mempool (seeing visual blocks really makes a difference)
studentofbitcoin / Student of Bitcoin
npub1f7…knerm
2023-08-17 13:26:20
Author Public Key
npub1f7ptem2ztp9x4n7w62n90ddv40z0jrt4490d8lug3uasfwyjsccqkknermPublished at
2023-08-17 13:26:20Event JSON
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"content": "100 Day #Bitcoin Challenge (Day 89)\n\n+3 - Sent a friend #Bitcoin three different way: ⚡️custodial (@walletofsatoshi), ⚡️ non-custodial (@PhoenixWallet ), #Bitcoin on-chain (@bluewalletio)\n\nShe learned a ton about #Bitcoin transactions!\n\nTotal #Bitcoin Interactions: 83\n\n⚡️custodial: good option for someone to experience #Bitcoin for the first time since it has minimal friction BUT not the safest since the user does not own the private keys\n\n⚡️ non-custodial: user owns the private keys so a more secure way to interact with the lightning network\n\n#Bitcoin on-chain: the OG way to interact with #Bitcoin before the lightning network existed. The transaction is recorded on the 'ledger.' An excellent way to explain the blockchain by using the txID on @mempool (seeing visual blocks really makes a difference)",
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