corndalorian on Nostr: Lots of talk right now about on-chain #bitcoin fees, blocks, and mining, and ...
Lots of talk right now about on-chain #bitcoin fees, blocks, and mining, and understandably so. They’re high. If you’ve never done so, this is a good time to learn what happens on chain when a #bitcoin transaction is sent and received and a block mined. Having a better understanding of this from a technical standpoint helps put concepts like fees, block time, and difficulty adjustment into proper context. This video does an excellent job of explaining it all using easy to understand language. It helped me immensely in my understanding of #bitcoin. Well worth the time to watch it.
https://youtu.be/DRPeExoH5rY Published at
2023-05-07 14:56:57Event JSON
{
"id": "bb8cdd080f434a053747cf304a1fe8c61e9c56f4eb0e5b03ab4904a0631f8f07",
"pubkey": "f8e6c64342f1e052480630e27e1016dce35fc3a614e60434fef4aa2503328ca9",
"created_at": 1683471417,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "Lots of talk right now about on-chain #bitcoin fees, blocks, and mining, and understandably so. They’re high. If you’ve never done so, this is a good time to learn what happens on chain when a #bitcoin transaction is sent and received and a block mined. Having a better understanding of this from a technical standpoint helps put concepts like fees, block time, and difficulty adjustment into proper context. This video does an excellent job of explaining it all using easy to understand language. It helped me immensely in my understanding of #bitcoin. Well worth the time to watch it. \n\nhttps://youtu.be/DRPeExoH5rY ",
"sig": "3e7b5a465131ac8cc1b78dcb50a485d43c23221dc24e3f2903675e9a2287dfeef654fb53429a5791dac818b6d9f636cd8bf2260e9913d7bbbaaef79c66a5c5ce"
}
