The Bitcoin Minimalist Week 5 - NYDIG Accelerator, Strike Debit, and HAM Radio Tx
The Bitcoin Minimalist Week 5 - NYDIG Accelerator, Strike Debit, and HAM Radio Tx
Week 5 is all about lightning and lighting development. Enjoy!
This week:
NYDIG lightning accelerator
Strike debit card and a lightning based bank account
@NVK and @Eiaine successfully send lightning tx over HAM radio
Mempool lightning dashboard
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News
NYDIG Lighting Network Accelerator
Ross Steven announces the NYDIG fund for lightning accelerator called “In Wolf’s Clothing.” This accelerator is targeting small teams, developers, and startups. It is an 8-week program run in cohorts that will be “non-remote.”
Strike Releases Debit Card
Jack Mallers announced last week that strike will release a debit card, allowing for direct deposit and remittance. “Now strike does everything my bank does.” - Jack Mallers
Bitcoiners Send International LN Transaction Over Ham Radio
@NVK from coinkite sent a lightning network transaction from Toronto to San Fransico. This transaction was 5% faster than copper wire and confirmed on lightning. Just another example of Bitcoin scaling and immutability.
Mempool Drops New Lightning Dashboard
Mempool.space released a beta covering metrics such as ISPs, geographical data of nodes (non-Tor), and capacity on the network, coloring the Bitcoin space with more data.
Price
Bitcoin dropped below $20,000 for a short period after sideways price action for the past week. The price is now below the 200-week moving average again, a metric typically marking the bottom of a bear market.
Tweets
Self-custody warning from global-macro Jeff Booth
Alex Gladstein Clip - A trojan horse for freedom
Nodes over miners
Bitcoin mining helps fund energy and stabilize the grid
What to read
Metal Bitcoin Seed Storage Stress Tests (Round VI): Jameson runs through a litmus test for all the new steel backups, stress testing with fire, ease of use, and more.
Under the Hood of Bitcoin Mining: Swan releases a rabbit hole deep dive course on Bitcoin mining. It is designed to cover all the major aspects, and implications mining will have on Bitcoin and society.