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Last Notes

2024-10-29 22:17:18

#16 Unspent Transaction Outputs (UTXOs): Bitcoin transactions work by spending unspent transaction outputs from previous transactions.
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https://m.primal.net/LmTF.jpg

2024-10-28 11:57:31

#15 Fixed Inflation Rate: Bitcoin’s predictable issuance rate combats inflation by gradually reducing new supply.
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https://m.primal.net/Lkfz.jpg

2024-10-27 22:17:55

#14 Satoshi’s Disappearance: Satoshi Nakamoto vanished in 2011, leaving control of Bitcoin’s future to the community.
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2024-10-26 06:30:08

#13 Lightning Network: The Lightning Network is a layer 2 solution that enables faster, cheaper Bitcoin transactions.
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https://m.primal.net/LibO.jpg

2024-10-25 07:01:19

#12 Bitcoin and El Salvador: El Salvador became the first country to adopt Bitcoin as legal tender in 2021.
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https://m.primal.net/LhXn.jpg

2024-10-24 06:49:28

#11 First Exchange: Mt. Gox, launched in 2010, was one of the first Bitcoin exchanges. It collapsed in 2014 due to hacking.
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https://m.primal.net/LgRk.jpg

2024-10-23 06:57:37

#10 Public and Private Keys: Bitcoin uses cryptographic keys. The public key is your Bitcoin address, while the private key is your access.
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2024-10-22 06:05:37

#9 Anonymous Transactions?: Bitcoin is pseudonymous. Transactions are public, but users’ identities are hidden behind addresses.
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https://m.primal.net/LeFJ.jpg

2024-10-21 06:48:48

#8 Bitcoin Block Time: A new block is mined approximately every 10 minutes.
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2024-10-20 08:10:34

#7 Proof of Work: Bitcoin’s security relies on Proof of Work (PoW), a consensus algorithm where miners solve complex problems.
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https://m.primal.net/LbqJ.jpg

2024-10-19 07:11:48

#6 Blockchain Technology: Bitcoin introduced blockchain technology, a public, immutable ledger of transactions.
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2024-10-18 06:51:20

#5 Decentralization: Bitcoin operates without a central authority, relying on decentralized nodes across the world.
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https://m.primal.net/LZcg.jpg

2024-10-17 06:00:13

#4 Halving Events: Bitcoin’s supply rate halves every 210,000 blocks, roughly every four years, reducing new Bitcoin issuance.
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https://m.primal.net/LYQv.jpg

2024-10-17 05:55:01

#4 Halving Events: Bitcoin’s supply rate halves every 210,000 blocks, roughly every four years, reducing new Bitcoin issuance.
#bitcoin #btc #nostr #grownostr
https://m.primal.net/LYQv.jpg

2024-10-16 06:43:22

#3 21 Million Supply: Only 21 million Bitcoins will ever be mined, making it deflationary by design.
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https://m.primal.net/LXPl.jpg

2024-10-15 06:43:10

#2 Genesis Block: Bitcoin's first block, called the Genesis Block, was mined by Satoshi on January 3, 2009.
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https://m.primal.net/LWVm.jpg

2024-10-14 19:17:56

#1 Bitcoin's Creator: Bitcoin was invented by the mysterious figure Satoshi Nakamoto, whose identity remains unknown.
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