A Deep Look at the Company Blockstream & Their Bitcoin ...

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Bitcoin Canadian Subreddit

Let's talk about Bitcoin in Canada
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Bitcoin Satellite - We have installed the Blockstream Bitcoin Satellite system, a way to download and verify Bitcoin’s blockchain via satellite, without the need for an internet connection

Bitcoin Satellite - We have installed the Blockstream Bitcoin Satellite system, a way to download and verify Bitcoin’s blockchain via satellite, without the need for an internet connection submitted by BitMEXResearch to Bitcoin [link] [comments]

Venezuela sees its first Blockstream Bitcoin satellite node

submitted by Ranzware to BitNewsLive [link] [comments]

Venezuela sees its first Blockstream Bitcoin satellite node

Venezuela sees its first Blockstream Bitcoin satellite node submitted by TheatreOD to CryptoCurrency [link] [comments]

Venezuela sees its first Blockstream Bitcoin satellite node (x-post from /r/Cryptocurrency)

Venezuela sees its first Blockstream Bitcoin satellite node (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Venezuela sees its first Blockstream Bitcoin satellite node

This post was originally published on this siteThis post was originally published on this site A Bitcoin services startup based in South America has just launched the first Bitcoin node connected to the Blockstream satellite network within Venezuela. According to a Sept. 25 blog post from startup Cryptobuyer, the launch of the node will keep the Bitcoin (BTC) blockchain updated for Venezuela […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

Venezuela sees its first Blockstream Bitcoin satellite node

Venezuela sees its first Blockstream Bitcoin satellite node submitted by none7987 to Bitcointe [link] [comments]

Venezuela sees its first Blockstream Bitcoin satellite node | dashnews

Venezuela sees its first Blockstream Bitcoin satellite node | dashnews submitted by moneyshouters to u/moneyshouters [link] [comments]

Venezuela sees its first Blockstream Bitcoin satellite node (current BTC/USD price is $10,751.42)

Latest Bitcoin News:
Venezuela sees its first Blockstream Bitcoin satellite node
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Bitcoin Satellite - We have installed the Blockstream Bitcoin Satellite system, a way to download and verify Bitcoin’s blockchain via satellite, without the need for an internet connection

submitted by sexyama to bitcoinhardware [link] [comments]

Bitcoin Satellite - We have installed the Blockstream Bitcoin Satellite system, a way to download and verify Bitcoin’s blockchain via satellite, without the need for an internet connection

Bitcoin Satellite - We have installed the Blockstream Bitcoin Satellite system, a way to download and verify Bitcoin’s blockchain via satellite, without the need for an internet connection submitted by Phoeynix to BitcoinAgency [link] [comments]

The Unhashed Podcast: Blockstream's Bitcoin Primer 4 (w_ Mario Gibney)

The Unhashed Podcast: Blockstream's Bitcoin Primer 4 (w_ Mario Gibney) submitted by BashCo to Bitcoin [link] [comments]

The Unhashed Podcast: Blockstream's Bitcoin Primer 4 (w_ Mario Gibney) (x-post from /r/Bitcoin)

The Unhashed Podcast: Blockstream's Bitcoin Primer 4 (w_ Mario Gibney) (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

The Unhashed Podcast: Blockstream's Bitcoin Primer 4 (w_ Mario Gibney)

The Unhashed Podcast: Blockstream's Bitcoin Primer 4 (w_ Mario Gibney) submitted by sexyama to bitcoinpodcast [link] [comments]

Blockstream bitcoin space program launches revamped version 2.0

Blockstream bitcoin space program launches revamped version 2.0 submitted by Acrobatic_Peak to BitcoinLiveNews [link] [comments]

The Unhashed Podcast: Blockstream's Bitcoin Primer Ep. 3

The Unhashed Podcast: Blockstream's Bitcoin Primer Ep. 3 submitted by BashCo to Bitcoin [link] [comments]

MCC 2019: Adam Back - Blockstream Bitcoin Satellite Network (We are closer to moon than ever!)

MCC 2019: Adam Back - Blockstream Bitcoin Satellite Network (We are closer to moon than ever!) submitted by Bitcoin_to_da_Moon to Bitcoin [link] [comments]

[WTS] Blockstream bitcoin satellite parts kit

For local pickup in San Diego, CA only.
Bitcoin price
Originally posted here, has photo
submitted by ItsNotTheButterZone to BitMarket [link] [comments]

The Unhashed Podcast: Blockstream's Bitcoin Primer Ep. 1

The Unhashed Podcast: Blockstream's Bitcoin Primer Ep. 1 submitted by BashCo to Bitcoin [link] [comments]

[WTS] Blockstream bitcoin satellite parts kit [face-to-face in San Diego, CA]

Originally posted here, has photo
For local pickup in San Diego, CA only.
Bitcoin price
submitted by ItsNotTheButterZone to ECEComponentExchange [link] [comments]

A Compressed 3 Years Of Dialogue Between Blockstream And The Non-Blockstream Bitcoin Community:

excerpts from: Rick Falkvinge's post
BS: "We’re developing Lightning as a Layer-2 solution! It will require some really cool additional features!"
Com: "Ok, sounds good, but we need to scale on-chain soon too."
BS: "We’ve come up with this Segwit package to enable the Lightning Network. It’s kind of a hack, but it solves malleability and quadratic hashing. It has a small scaling bonus as well, but it’s not really intended as a scaling solution, so we don’t like it being talked of as such."
Com: "Sure, let’s do that and also increase the blocksize limit."
BS: "We hear that you want to increase the block size."
Com: "Yes. A 20MB limit would be appropriate at this time."
BS: "We propose 2MB, for a later increase to 4 and 8."
Com: "That’s ridiculous, but alright, as long as we’re scaling exponentially."
BS: "Actually, we changed our mind. We’re not increasing the blocksize limit at all."
Com: "Fine, we’ll all switch to Bitcoin Classic instead."
BS: "Hello Miners! Will you sign this agreement to only run Core software in exchange for us promising a 2MB non-witness-data hardfork?"
Miners: "Well, maybe, but only if the CEO of Blockstream signs."
Adam: ...signs as CEO of Blockstream...
Miners: "Okay. Let’s see how much honor you have."
Adam: ..revokes signature immediately to sign as “Individual”..
Miners: "That’s dishonorable, but we’re not going to be dishonorable just because you are."
BS: "Actually, we changed our mind, we’re not going to deliver a 2MB hardfork to you either."
Com: "Looking more closely at Segwit, it’s a really ugly hack. It’s dead in the water. Give it up."
BS: "Segwit will get 95% support! We have talked to ALL the best companies!"
Com: "There is already 20% in opposition to Segwit. It’s impossible for it to achieve 95%."
BS: "Segwit is THE SCALING solution! It is an ACTUAL blocksize increase!"
Com: "We need a compromise to end this stalemate."
BS: "Segwit WAS and IS the compromise! There must be no blocksize limit increase! Segwit is the blocksize increase!"
submitted by tunaynaamo to btc [link] [comments]

Blockstream's Bitcoin has 2 weaknesses / anti-features. But people get seduced by official-sounding names: "Lightning Network" and "SegWit". Bitcoin Cash has 2 strengths / features - but we never named them. Could we call our features something like "FlexBlocks" and "SafeSigs"? Looking for ideas!

UPDATE 1:
Here is a summary of some of the ideas that I (personally) liked:
https://np.reddit.com/btc/comments/6qrlyn/blockstreams_bitcoin_has_2_weaknesses/dl03rn5/
"Bitcoin Cash supports PowerBlocks up to 8MB. So users can enjoy faster confirmation times and lower fees - and miners can earn higher fees from greater volume - and we can all benefit from rising Bitcoin Cash values with increasing adoption and use!"
https://np.reddit.com/btc/comments/6qrlyn/blockstreams_bitcoin_has_2_weaknesses/dkzque9/
"Bitcoin Cash supports SecureSigs with mandatory on-chain validation. So your transaction signatures are always validated and permanently saved on-chain using unbreakable cryptography, guaranteeing you maximum security!"
And several people have been pointing out that we also need a positive-sounding, customer-oriented name for a third important feature / benefit of Bitcoin Cash:
  • "No RBF (Replace-by-Fee)"
UPDATE 2:
There's a new post up exploring these ideas further, and showing some examples of which could use this this new terminology to explain the features / benefits / advantages of Bitcoin Cash:
SecureSigs; PowerBlocks / FlexBlocks ...? Now that we've forked, we no longer have to focus on writing NEGATIVE posts imploring Core & Blockstream to stop adding INFERIOR "anti-features" to Bitcoin. Now we can finally focus on writing POSITIVE posts highlighting the SUPERIOR features of Bitcoin Cash
https://np.reddit.com/btc/comments/6r26zo/securesigs_powerblocks_flexblocks_now_that_weve/
This is what I we have so far - "FlexBlocks PowerBlocks" and "SafeSigs SecureSigs":
  • Bitcoin Cash supports FlexBlocks PowerBlocks = "on-chain transactions using bigger blocks for faster confirmations and lower fees for users - leading to higher price and more profits for miners as well as users"
  • Bitcoin Cash supports SafeSigs SecureSigs = "mandatory on-chain signature validation using Bitcoin's existing cryptographic transaction data structures - providing stronger security guarantees for users"
I'm hoping some people could come up with some more suggestions.
I recently noticed that both of Blockstream's so-called "innovations" (Lightning Network and SegWit) involve trying to to push things off-chain:
  • Lightning Network: They want to push transactions off-chain.
  • SegWit: They want to push signatures off-chain.
Both of these are properly regarded as weaknesses or anti-features - since the most important structure in Bitcoin is the blockchain - and they're trying to push the transactions and the signatures off-chain!
To many unsuspecting users, the mere fact that Bitcoin proudly names these weaknesses / anti-features of theirs - using official, short, memorable, catchy names - makes it seem like transacting off-chain, or validating signatures off-chain, is somehow a good thing.
But, as we know, it's the opposite:
  • An off-chain transaction (on the Lighting Network) is not a Bitcoin transaction (at most, it represents just a promise about a future Bitcoin transaction).
https://np.reddit.com/btc/search?q=lightning+not+bitcoin&restrict_sr=on
  • A bitcoin whose signature data is stored off-chain - or perhaps never even downloaded - (using SegWit) has much weaker security than an actual bitcoin.
https://np.reddit.com/btc/search?q=segwit+dangers&restrict_sr=on&sort=relevance&t=all
Names are important
What are the "official names" for the two important on-chain features of Satoshi's orignal Bitcoin - now being called Bitcoin Cash (BCC, or BCH)?
Well... we never really thought about naming them - because these two important on-chain features / strengths have always part of Bitcoin since day one. So they were basically assumed or implicit, and unnamed.
Only now (when Blockstream has developed a heavily modified version of Bitcoin which aims to eliminate those two features / strengths) we're starting to notice how important these two things have been this whole time:
  • on-chain transactions using bigger blocks for faster confirmations and lower fees for users - leading to higher price and more profits for miners as well as users
  • mandatory on-chain signature validation using Bitcoin's existing cryptographic transaction data structures - providing stronger security guarantees for users
"Don't think of an elephant!"
Did you just think of an elephant? But I just told you not to!
This illustrates the power of "framing".
https://en.wikipedia.org/wiki/Framing_(social_sciences)
https://en.wikipedia.org/wiki/George_Lakoff
http://www.sagadahocdems.org/wp-content/uploads/2011/05/Dont-Think-of-an-Elephant.pdf
Framing 101
One of the first lessons that students receive in studies of framing is an inferential command: don’t think of an elephant. No student can stop their mind from summoning the bulkiness, the grayness, the trunkiness of an elephant. Student s discover that they can’t block frames from being accessed by their unconscious mind. The conclusion: when we negate a frame, we evoke the frame.
When Nixon addressed the country during Watergate and used the phrase, “I am not a crook,” he coupled his image with that of a crook and thereby established what he was denying. This example embodies another import ant principle of framing: when arguing against the other side, don’t use their language because it evokes their frame and not the frame you seek to establish.
Enveloping words in a perspective, a frame, provides a ready-made relationship between words, concepts and consequences that enables even those who don’t understand the idea to “explain” or convey that idea and its “implications” to other people. Framing is the means by which this transference of context takes place. Conservatives are so successful in framing their message that they have news anchors and commentators discussing the ideas using the conservative-supplied phrases and framing.
Progressives have not been able to combat these “framed messages” because they fail to understand that conservatives choose words explicitly designed to “frame” the debate. When a progressive argues against “tax relief,” he or she is reinforcing not just the frame, but the notion that taxes are a burden that people need relief from. It is a trap into which progressives have fallen too many times. Framing is the wa y words and phrases are used to evoke not just ideas, but a world view. It is not just language. The ideas are primary and the language carries t hose ideas, evokes those ideas.
"Bitcoin Cash doesn't support X" vs "Bitcoin Cash supports Y".
To some users, it might sound "disappointing" to hear that "Bitcoin Cash doesn't support SegWit".
Many of us already know that SegWit is bad for a variety of reasons - and we know that Bitcoin Cash will have better security because it does not support SegWit - but hey, SegWit (as bad as it is), at least is an official-sounding name, and some casual users might just automatically get turned off when they hear that "Bitcoin Cash doesn't support SegWit".
There's 2 reasons to avoid saying "doesn't support X":
  • It just sounds bad to say "doesn't support". It sounds negative, like something is missing.
  • (Recalling "Don't Think of an Elephant") It's important to avoid "buying in" to your opponent's framing. Talk about what you want to talk about - not what your opponent wants you to talk about (even if you're just trying to "negate" what they're talking about - you're still reinforcing it by just bringing it up in the first place).
So... what can we say that Bitcoin Cash does support?
  • Bitcoin Cash supports FlexBlocks PowerBlocks = "on-chain transactions using bigger blocks for faster confirmations and lower fees for users - leading to higher price and more profits for miners as well as users"
  • Bitcoin Cash supports SafeSigs SecureSigs = "mandatory on-chain signature validation using Bitcoin's existing cryptographic transaction data structures - providing stronger security guarantees for users"
I think after years of propaganda and lies and censorship from r\bitcoin and Blockstream and the Dragon's Den, (and their $76 million in funding - part of which is apparently being allocated towards what they consider to be public relations - since they're paying Alex Bergeron u/brg444 and Samson Mow)... we could be needlessly falling behind in "the battle for hearts and minds".
We can easily jump ahead in the communication battle - without any top-down organization or massive funding - simply by leveraging the fact that we are an uncensored, open community of people who are committed to helping Bitcoin grow.
Oh, and by the way, unlike their officially named anti-features which are actually major weaknesses, our as-yet-not-officially-named features are actually major strengths:
  • Bitcoin Cash supports FlexBlocks PowerBlocks = "on-chain transactions using bigger blocks for faster confirmations and lower fees for users - leading to higher price and more profits for miners as well as users"
  • Bitcoin Cash supports SafeSigs SecureSigs = "mandatory on-chain signature validation using Bitcoin's existing cryptographic transaction data structures - providing stronger security guarantees for users"
So... any other ideas for come up with some good names for these two great features / strengths of Satoshi's original Bitcoin and Bitcoin Cash would be welcome!
submitted by ydtm to btc [link] [comments]

Blockstream/Bitcoin Core wants to force everyone to use their patented sidechain

We're seeing a lot of new users in this sub recently.
Let's recap on a serious patent issue from Blockstream.
The following is submitted 3 months ago by DeftNerd:
https://www.reddit.com/btc/comments/68np26/adam_back_and_greg_maxwell_didnt_want_to_share/
I've been diving deep into patents all night. I have a lot to write about BlockChain related patents (especially about people patenting technology that already exists and claiming it as themselves).
What caught my eye was when BlockStream filed for their SideChain patent on 05-07-2015, provisionally titled "ENABLING BLOCKCHAIN INNOVATIONS WITH PEGGED SIDECHAINS", it had the following inventors listed:
Adam Back San Francisco, CA (US) Matt Corallo San Francisco, CA (US) Luke Dashjr San Francisco, CA (US) Mark Friedenbach San Francisco, CA (US) Gregory Maxwell San Francisco, CA (US) Andrew Miller San Francisco, CA (US) Andrew Poelstra San Francisco, CA (US) Jorge Timon San Francisco, CA (US) Pieter Wuille San Francisco, CA (US) 
They made the application public on 05-09-2016, but modified the inventors and removed everyone other than Adam and Greg. They also changed the address to the Canadian corporation and changed the title to "TRANSFERRING LEDGER ASSETS BETWEEN BLOCKCHAINS VIA PEGGED SIDECHAINS"
The application was publicly published 11-10-2016, but hasn't been granted yet.
So, why did Adam and Greg think that the other inventors that helped them out don't deserve recognition?
Speaking of which, I was appalled by the thousands of bullshit blockchain patents that examiners have let through the system or seem to be rubber-stamping. It might be time for a concerted organized effort to knock this shit down. There is even still time to look over the sidechain patent and file any complaints with the examiners.
I'll upload PDF's and link in a few minutes. Posts coming soon: How Greg also filed for a world-wide patent on his ring signatures patent. The US examiners rubber-stamped, but the international examiners eviscerated most of his claims as being not novel or unique.
Also:
Here is Blockstream's bullshit pitch to VC in 2014:
https://www.reddit.com/btc/comments/6ugp34/here_is_blockstreams_bullshit_pitch_to_vc_in_2014/
Blockstream having patents in Segwit makes all the weird pieces of the last three years fall perfectly into place:
https://www.reddit.com/btc/comments/6up415/blockstream_having_patents_in_segwit_makes_all/
submitted by X-88 to btc [link] [comments]

Blockstream 2019 Review: Building Foundations AQUA: Blockstream's New Mobile Wallet for Bitcoin and ... How will Bitcoin scale? Adam Back, CEO of Blockstream ... How To Use Blockstream Green Bitcoin Wallet Maximum Bitcoin - Samson Mow on Blockstream's Vision for the Future of Finance

The Bitcoin blockchain from space. No internet required. The Blockstream Satellite network broadcasts the Bitcoin blockchain around the world 24/7 for free, protecting against network interruptions and providing areas without reliable internet connections with the opportunity to use Bitcoin. Blockstream Explorer is an open source block explorer providing detailed blockchain data across Bitcoin, Testnet, and Liquid. Supports Tor and tracking-free. Blockstream Satellite. The Bitcoin blockchain, delivered from space. Blockstream Satellite. The Bitcoin blockchain, delivered from space. Blockstream Explorer. Search data from the Bitcoin and Liquid blockchains. Blockstream Explorer. Search data from the Bitcoin and Liquid blockchains. Blockstream is a Bitcoin development company that has positioned themselves among the leaders of innovation in the broader industry.. Founded by a team of notable cryptographers and Bitcoin developers, Blockstream offers a suite of open-source technology and projects designed to push the edges of a novel industry. Another week, another of Crypto Tidbits. Bitcoin (BTC) bulls continued to show their faces after a brief lull. Per data from Coin360, the leading

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Blockstream 2019 Review: Building Foundations

Exclusive interview with Blockstream CSO Samson Mow during the Capital discussing Bitcoin scalability, the state of lightning and liquid network. Exclusive Stories Blockstream Samson Mow on ... CEO of Blockstream, Adam Back, gives an enlightening presentation about Bitcoin being in space! This talk was recorded at MCC 2019 on Saturday, May 11th in New York. Blockstream is the leading provider of blockchain technologies, on the forefront of work in cryptography and distributed systems. Blockstream provides a rang... Using Bitcoin’s leading sidechain is about to get a lot easier with today’s release of AQUA, a simple iOS mobile wallet designed for the mass adoption of dig... Learn How To Use Blockstream Green Bitcoin Wallet. Green wallet has a unique Multi-Signature model using dual private keys - one held by the user, and one by their servers. This allows a higher ...

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