Sublime
An inspiration engine for ideas
The creator of Twitter and Cash App, @Jack Dorsey just released a Bluetooth messaging app called ‘Bitchat’ that doesn't need the internet or cell service.
Within an hour, users have started sending bitcoin using the peer-to-peer encrypted mesh network. https://t.co/KeqznT7ccn
We designed a poster for BREAD, a new publication that talks about bitcoin in ways you’ve maybe never seen before. Visit breadzine.com to read more and get a free printed copy. Thanks to @ceciliaazcarate, @mariapesce and the @cashapp team for this great collaboration. 🍞💚
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For the sake of Bitcoin as a whole, there were many who worried that the consumers who were buying things online through Bitpay were pushing the price of Bitcoin down; generally when online retailers accepted Bitcoins they immediately sold them off for dollars, creating a downward pressure on the overall price.
Nathaniel Popper • Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
Although this process of paying to a public key hash (P2PKH) may seem convoluted, it allows Alice’s payment to Bob to contain only a 20 byte commitment to his public key instead of the key itself, which would’ve been 65 bytes in the original version of Bitcoin. That’s a lot less data for Bob to have to communicate to Alice.
