Ryan Gentry Profile Banner
Ryan Gentry Profile
Ryan Gentry

@RyanTheGentry

11,323
Followers
1,918
Following
1,316
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15,400
Statuses

⚡ryanthegentry @vlt .ge npub1uatf9mr3za8xnr0370gl2acc2k7vfeh9dpyf6t426jyasyry4nnqe7n24e Developing business at @lightning , scaling #bitcoin #HookEm 🤘

Austin, TX
Joined February 2011
Don't wanna be here? Send us removal request.
@RyanTheGentry
Ryan Gentry
3 years
You need to read what Ross Stevens, Executive Chairman of NYDIG, said to @michael_saylor yesterday about how he's leveraging the #LightningNetwork , @ln_strike and @lightning . ⚡ It describes #Bitcoin 's Chapter 2 in such a direct and incredible way. Buckle up.
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@RyanTheGentry
Ryan Gentry
2 years
Noise: "crypto" personalities saying #bitcoin can't work for payments, fudding the Lightning Network Signal: central bankers from 44 countries in the global south traveling to El Salvador to learn about #bitcoin and the Lightning Network ⚡ Are you paying attention?
@Bitcoinbeach
Bitcoin Beach
2 years
👀
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@RyanTheGentry
Ryan Gentry
3 years
President of El Salvador saying they waste a bunch of geothermal energy generated by volcanoes... wants Bitcoin miners to come set up shop and help. The Hash Wars are happening. Great question @gladstein
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@RyanTheGentry
Ryan Gentry
3 years
Recently, I've been thinking about this chart from @hasufl and @nic__carter concerning the changing #bitcoin narrative. I think the recent focus on NgU has been misguided, and we've lost sight of the true common thread tying all of these together: #Bitcoin is freedom money.
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@RyanTheGentry
Ryan Gentry
3 years
I've had a lot of people reach out recently and ask what's been driving the #LightningNetwork 's latest exponential growth phase. I think I'd attribute it to four main sources: 🧵👇
@VetleLunde
Vetle Lunde
3 years
The BTC capacity in lightning is growing at a blistering rate!⚡️ 1,100-1,200 BTC: 39 days 1,200-1,300 BTC: 34 days 1,300-1,400 BTC: 19 days 1,400-1,500 BTC: 13 days 1,500-1,600 BTC: 9 days 1,600-1,700 BTC: 15 days 1,700-1,800 BTC: 5 days @ArcaneResearch
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@RyanTheGentry
Ryan Gentry
3 years
They want your BTC so bad. They're pumping memecoins left and right. They're telling you PoW is killing the planet. They're taunting you about the flippening. The noise is only going to get louder. But you don't have to listen to them. You just have to do one thing: HODL
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@RyanTheGentry
Ryan Gentry
2 years
BTC is a currency in El Salvador and eth hasn't been mentioned. ⚡
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@pm
pm
2 years
Eth is a currency at sotheby's and Btc hasn’t been mentioned.
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@RyanTheGentry
Ryan Gentry
3 years
PUBLIC SERVICE ANNOUNCEMENT: Yes, there do exist charts still trending up and to the right. No, there isn't a token you can buy. It's real, sustainable economic growth, so lame and boring I know. But up and to the right! #LightningNetwork
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@RyanTheGentry
Ryan Gentry
3 years
Wall St and Silicon Valley love Ethereum because they recognize a system they can control. #Bitcoin has already fixed this. No need to go backwards. Too much work to do. ⚡
@bergealex4
Alex B
3 years
Holy fuck is Ethereum broken. EVERY design decisions they've taken for ETH2 carries absolutely irresolvable centralizing forces. Think staking is bad enough already? The underbelly of MEV is absolutely monstrous.
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@RyanTheGentry
Ryan Gentry
3 years
. @starkness and @LynAldenContact putting on an absolute clinic right now on how #Bitcoin is reaching the next billion people. Hint: the #LightningNetwork is involved ⚡
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@RyanTheGentry
Ryan Gentry
4 years
Some personal news: This was my last week at Multicoin. Greatly enjoyed the last two years on the investment side, many thanks to @KyleSamani & @TusharJain_ As an engineer, however, it is TIME TO BUILD and I am excited to start working on #bitcoin and⚡ full time Details soon!
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@RyanTheGentry
Ryan Gentry
3 years
Congratulations to the Ethereum ecosystem on another successful hard fork and EIP-1559! V cool to see a common enterprise coordinate to add a buyback mechanism to their def-not-a-security token and give investors an expectation of profit derived from the actions of others 😂
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@RyanTheGentry
Ryan Gentry
1 year
Nobody can escape the network effects of the #LightningNetwork ⚡️⚡️⚡️
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@RyanTheGentry
Ryan Gentry
3 years
For those paying attention, history is rhyming again. @JackMallers is using EXACTLY the same playbook that early VoIP entrepreneurs used to get adoption in the early 90s. Same fat margin, just replace international calls with remittances, telecoms with banks, & VoIP with LNP/BP
@RyanTheGentry
Ryan Gentry
3 years
You need to read what Ross Stevens, Executive Chairman of NYDIG, said to @michael_saylor yesterday about how he's leveraging the #LightningNetwork , @ln_strike and @lightning . ⚡ It describes #Bitcoin 's Chapter 2 in such a direct and incredible way. Buckle up.
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@RyanTheGentry
Ryan Gentry
7 months
Today’s release is an enormous achievement for the LND developer community, and the Lightning Network as a whole! Simple Taproot Channels not only bring about the multi-year long privacy improvement dream of co-op channel closes being indistinguishable on-chain from single-sig…
@lightning
Lightning Labs⚡️🍠
7 months
Today we're excited to release LND 0.17: Tapping into Taproot! 🥕 Featuring: Simple Taproot Channels enabling a lower cost and more private LN 🔮 Faster Neutrino syncs for mobile development ⏩ More efficient Watchtowers 🗼 Read more and upgrade today:
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@RyanTheGentry
Ryan Gentry
2 years
Apropos of nothing, here's a thread of recently published research focused on #bitcoin and Lightning. I don't know if these researchers submitted their work to the Science of Blockchain Conference (SBC), or if SBC denied their applications. But it's clear they're researching!
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@RyanTheGentry
Ryan Gentry
4 years
ETHboiz when they realize MicroStrategy doubled down on #Bitcoin instead of buying their bags
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@saylor
Michael Saylor⚡️
4 years
On September 14, 2020, MicroStrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million. To date, we have purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million, inclusive of fees and expenses.
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@RyanTheGentry
Ryan Gentry
2 years
My official statement on sats vs. bits
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@RyanTheGentry
Ryan Gentry
10 months
Yo @elonmusk I know you wanna hit @sama with an "HTTP 402 Payment Required" error when he's scraping ur servers. Here's how 👇⚡️
@lightning
Lightning Labs⚡️🍠
10 months
Announcing a new set of tools to build Lightning⚡and #bitcoin -powered AI products for a global audience. Using L402, a standard for API authentication with LN payments, and @langchainAI , a simplified AI app framework, we are opening up #AI4All ! 🤖🌎
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@RyanTheGentry
Ryan Gentry
1 year
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@liron
L/e/ron Sh/acc/ira
1 year
@0xCryptoCafe @MartyBent No my hack works by first sending some trader $1M of BTC to get USD (say), then going back a bunch of blocks and mining a longer chain to let you spend the same $1M worth of BTC a second time to buy more USD, then buying $2M of BTC so you can iterate the doubling procedure.
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@RyanTheGentry
Ryan Gentry
3 years
How it started. How it's going (📄🤲)
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@RyanTheGentry
Ryan Gentry
7 months
Had a blast talking with @PrestonPysh about how last week's Taproot Assets mainnet launch will empower developers to make #bitcoin and Lightning multi-asset networks! We talk bitcoinizing the dollar, disrupting incumbents, and what opportunities this presents for new startups ⚡️
@PrestonPysh
Preston Pysh
7 months
If you want to learn about @lightning labs’ recent software development, the Taproot Asset Protocol, @RyanTheGentry and I cover it in depth. This is yet another major development bringing more capability to #Bitcoin . Watch: Listen:…
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@RyanTheGentry
Ryan Gentry
4 years
Incredibly excited about this opportunity! IMO LN has three killer features as a protocol: 1) instant settlement of BTC with no counterparty risk 2) ability to earn a risk-free yield on BTC via routing fees (or more...🤫) 3) an absolutely killer community of builders & developers
@lightning
Lightning Labs⚡️🍠
4 years
We're excited that Ryan Gentry has joined us as Business Development Lead! Previously, Ryan did research at @multicoincap and engineering at @intel . He may or may not be obsessed with #bitcoin and writing on Lightning and IOT. 🤖 Welcome @RyanTheGentry !
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@RyanTheGentry
Ryan Gentry
7 months
Today's release is a huge milestone for the Taproot Assets developer community, and #bitcoin as a whole! With this mainnet alpha, builders now have all the tools needed to make bitcoin a multi-asset network, but in a scalable manner that upholds #bitcoin 's core values. We…
@lightning
Lightning Labs⚡️🍠
7 months
Announcing the first mainnet release of Taproot Assets 🥕, a protocol for assets on #bitcoin and Lightning. With this release, developers can issue financial assets on-chain in a scalable manner. 💱 Today marks a new era of multi-asset bitcoin. 🌅
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@RyanTheGentry
Ryan Gentry
4 years
0/7 I just released a new post about the Lightning Network as a utility for Web3 development. Web3 has typically been owned by the non-Bitcoin community (ETH, DOT, etc.), but I argue here that LN brings it firmly back into BTC's domain.
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@RyanTheGentry
Ryan Gentry
3 years
Here's my 8 tweet year-in-review thread on the #LightningNetwork 's 2020. 1) Public network capacity grew from 854 BTC ($6.2M) on Jan 1 to 1,071 BTC ($24.8M) today. That's a 25% increase in BTC terms, and a 300% increase in USD terms. 🐂🐂🐂 (better volume metrics soon ™️)
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@RyanTheGentry
Ryan Gentry
3 years
At about an hour in, we discover @PrestonPysh has a LN wallet on his phone and he pays me 5 sats over Zoom. His "get out of town!" when it works and works immediately was my favorite part of the show 🤗
@PrestonPysh
Preston Pysh
3 years
I learned a ton during this week's discussion with @RyanTheGentry . We talk about all things Layer 2 on #Bitcoin . Let us know what you think.
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@RyanTheGentry
Ryan Gentry
3 years
Every shitcoiner last week: "Nooo we're all one industry we must band together stop being mean Bitcoin maxis plz help us beg the state for protection." Every shitcoiner this week: "haha Bitcoin is old boomer tech buy my shitcoin." This happens over and over and over again. 🤷‍♂️
@laurashin
Laura Shin
3 years
Quote of the Show: “Ethereum is the accomplishment of Satoshi’s vision… Ethereum is Bitcoin, in that sense.” - @drakefjustin And that’s the tweet. Check out the full episode here:
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@RyanTheGentry
Ryan Gentry
3 years
On platform risk: Smart contract platforms have seemingly found PMF with DeFi over the last year. App devs are flocking to said platforms in hopes of launching the next COMP, UNI, SNX, etc. and cashing out life-changing money after a few months of work. Too good to be true? 🧵
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@RyanTheGentry
Ryan Gentry
3 years
There is audio from the El Salvadorian Congress floor in Nic's Twitter Spaces right now as they vote on the bill. Absolutely historic.
@nic__carter
nic carter
3 years
Once I get a translation of the Salvadorian bill I’m doing a spaces
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@RyanTheGentry
Ryan Gentry
3 years
Very well articulated case for why mining is more censorship resistant than staking from @sparkpool_eth : exit is permissionless.
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@RyanTheGentry
Ryan Gentry
3 years
@matthewstoller Bitcoin at record highs is a good sign that the people are realizing their fiat currencies have been captured by Cantillionaires, and that they'd prefer to save their wealth in a fairly distributed currency instead. You wrote a great piece on this! .
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@RyanTheGentry
Ryan Gentry
3 years
Vietnam's oldest #Bitcoin exchange has upgraded to the #LightningNetwork . Instant settlement, low fees, better UX. #HereComeTheExchanges ⚡️
@VBTC_Vietnam
VBTC Vietnam
3 years
Buy Bitcoin with $VND and withdraw straight onto the #LightningNetwork .
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@RyanTheGentry
Ryan Gentry
4 years
In 1995, the TCP/IP standard was >20 years old, yet was still not a standard in Windows 95, the most popular OS in the world, even AFTER Netscape had exploded. Here are the instructions for installing the network driver. LN/BTC is still so incredibly early #LightningNetwork
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@RyanTheGentry
Ryan Gentry
3 years
#Bitcoin the asset has won. The world now recognizes its SoV properties. Global liquidity will continue to improve. The fight for bitcoin-the-network is just beginning. We need Lightning apps on every phone, nodes in every home office, and deposits/withdrawals in every exchange.
@LSTrade2
LSTrade
3 years
Bitcoin To Come To America's Oldest Bank, BNY Mellon - WSJ
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@RyanTheGentry
Ryan Gentry
3 years
Not enough people appreciate @bitfinex 's courage in ALWAYS being first in pushing initiatives that are Good For Bitcoin ™️ Bravo @paoloardoino et al. Lionhearted 🦁🦁🦁
@bitfinex
Bitfinex
3 years
The future standard! Satoshi trading mode is live on #Bitfinex 🚀 Bitfinex users can now trade $BTC in $SAT and $BIT units for any trading pair with #BTC . Enable now Satoshi mode in your account, and discover an easier way to trade #bitcoin (BTC)⬇️
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@RyanTheGentry
Ryan Gentry
3 years
Excellent overview of the coming Taproot upgrade: 🕵️‍♂️ Better privacy 🗝️ Cheaper multisig 🙈 Mostly indistinguishable single-sig and multisig ⚡ Lightning improvements: PTLCs and aggregate keys as channel anchors 👨‍💻 A boost for scripting with DLCs, Adaptor Signatures, and Taptrees
@murchandamus
Murch
3 years
Let's talk about Taproot🥕! I'll cover • New features enabled by Taproot • Things not included in Taproot 🧵1/X
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@RyanTheGentry
Ryan Gentry
10 months
If you’re 25-30 and your main circle isn’t frequently discussing: ~ superconductors ~ AGI ~ aliens ~ space factories ~ bitcoinizing the world And is instead discussing: ~ Barbie ~ Oppenheimer Then it’s time to elevate your circle.
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@RyanTheGentry
Ryan Gentry
7 months
Gm. Real bitcoiners never removed the laser eyes from their profile pic.
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@RyanTheGentry
Ryan Gentry
8 months
Gm. The Lightning Network is winning. Network effects are the most important determinant of its success. And we keep stacking Ws month and after month, growing our collective network effects. Keep building my friends, we are going to win. 🫡
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@RyanTheGentry
Ryan Gentry
3 years
Mempool hasn't clear in a month. Fees are going up and staying up. If your business is making on-chain sends, I know you're hurting. DM me. Integrate @lightning . Upgrade your #Bitcoin UX. (h/t @coinmetrics for the 30DMA chart)
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@RyanTheGentry
Ryan Gentry
2 years
Hmm, why would the President of @FTX_Official be talking with the CEO of @Lightning Labs? Probably nothing... 😏⚡️🚀
@BrettHarrison88
Brett Harrison
2 years
got pinged @starkness
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@RyanTheGentry
Ryan Gentry
3 years
. @dhruvbansal and I are prepared to blow your mind at the Stacking Sats stage in 45 minutes @TheBitcoinConf Come early, be loud, wear orange 🤘 #bitcoin
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@RyanTheGentry
Ryan Gentry
3 years
The Taproot controversy made @BuckPerley and me finally write down our Theory of Bitcoin Governance. We think the ideal system should minimize the chance of bad upgrades getting forked in, instead of maximizing the chance of good upgrades sailing through.
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@RyanTheGentry
Ryan Gentry
2 years
👏👏👏 @TheBlueMatt is 100% right. The crypto ecosystem outside of BTC has gotten too big for BTC to win based on its theoretical advantages. We need to compete for users, and win on merit. Calling everything a scam (though there are many out there!) is fighting the last war.
@TheBlueMatt
Matt Corallo
2 years
1/ Bitcoin maxis are a dying breed. While there was a time where ~everything except Bitcoin was basically a scam, that hasn't been true for a long time, and the smart money has moved on to figuring out which projects are going somewhere, and which are straight pump-and-dumps.
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@RyanTheGentry
Ryan Gentry
3 years
After bargaining, comes acceptance. @elonmusk we will welcome you onto the #LightningNetwork with open arms. When my cybertruck can stream sats to a supercharging station on the same grid as the bitcoin miners that mined the sats to begin with... the loop will be closed. ⚡⚡
@elonmusk
Elon Musk
3 years
@BTCsessions @TeslaGong @wintonARK Achieving truly decentralized finance – power to the people – is a noble & important goal. Layer count depends on projected bandwidth & compute, both rising rapidly, which means single layer network can carry all human transactions in future imo. For now, Lightning is needed.
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@RyanTheGentry
Ryan Gentry
2 years
In this episode, @pete_rizzo_ described three camps of the Bitcoin community: those that prioritize #bitcoin the asset (SoV, Bitcoin Standard, etc) vs. #bitcoin the network (MoE, LN, merchant adoption) vs. #bitcoin the platform (sidechains, covenants, etc)
@WhatBitcoinDid
What Bitcoin Did
2 years
WBD485 - Beyond Bitcoin Maximalism with @pete_rizzo_ . We discuss: - Divergent forms of Bitcoin maximalism - Hypocrisy within Bitcoin - The evolving narratives - What next for maximalists?
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@RyanTheGentry
Ryan Gentry
4 years
This is an enormous deal for the #LightningNetwork . 1) inbound liquidity problem solved 2) new revenue source for routing node 3) price discovery for the time value of #Bitcoin 4) brand new shadowchain construction for #Bitcoin scalability 🐂🐂🐂
@lightning
Lightning Labs⚡️🍠
4 years
Announcing Lightning Pool, a non-custodial marketplace to buy and sell #bitcoin liquidity on Lightning. With Pool, users can trade channels, making it easy to get access to liquidity or earn a bitcoin-native yield. 💱 Learn more and start trading today:
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@RyanTheGentry
Ryan Gentry
3 years
"Last month, we saw more than 10,000 minutes of streaming micro payments being sent directly from listener's wallets to podcaster's wallets using Lightning's 'keysend' protocol." The future of media is here, just not evenly distributed yet
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@RyanTheGentry
Ryan Gentry
3 years
As the FUD machines spin up and market dominance wanes, I think this is very important for us to internalize. #Bitcoin guarantees its adopters that they will be free. Being free does not guarantee being rich. And if freedom is not continually fought for, it will disappear.
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@RyanTheGentry
Ryan Gentry
3 years
One thing I've learned from watching DeFi over the last year is that NgU tech is not unique to #bitcoin . Supply side liquidity crunches can be programmed in a few lines of Solidity. But true monetary freedom cannot. #Bitcoin is the money chosen by people seeking to be free.
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@RyanTheGentry
Ryan Gentry
3 years
4) people are catching on to the fact that LN is more than just a payments network, it's an incentivized private data network where satoshis are just one kind of data. @ImperviousAi gets this, @sphinx_chat gets this, @SatoshisStream and @PodcastindexOrg get this...
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@RyanTheGentry
Ryan Gentry
4 years
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@BlockIR
Block Investor Relations
4 years
Today, @Square announced that it has purchased $50M in bitcoin. Square believes cryptocurrency is an instrument of economic empowerment and provides a way to participate in a global monetary system, which aligns with the company’s purpose. For more, visit .
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@RyanTheGentry
Ryan Gentry
3 years
These 4 factors combine into a flywheel that's starting to spin: 🔁more users on the network 🔁more volume flowing through it 🔁more fees to capture 🔁more people running nodes 🔁more devs tinkering 🔁more users on the network Aren't network effects a beautiful thing @starkness ?
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@RyanTheGentry
Ryan Gentry
1 year
@RiotPlatforms @nytimes Thank you for such compelling research testing the hypothesis that bitcoin mining does not produce any CO2. Great to see such a simple, low-cost, reproducible study that any aspiring journalist @nytimes could repeat! I look forward to reviewing their data in a follow-up article
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@RyanTheGentry
Ryan Gentry
3 years
How have blockchain developers never considered this??
@elonmusk
Elon Musk
3 years
@itsALLrisky Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.
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@RyanTheGentry
Ryan Gentry
3 years
Nobody illustrates monetary freedom being valued and exercised better than @gladstein . PoW is the strongest and most freedom-guaranteeing foundation for a digital money that we have. That freedom isn't free. The energy expenditure is worth it, full stop.
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@RyanTheGentry
Ryan Gentry
4 years
Hear that? That's the sound of a million deleted Ethereum influencer tweets... #DeFi
@ImNotTheWolf
ImNotTheWolf
4 years
RUG PULL ON $EMN. Price just hit 0.
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@RyanTheGentry
Ryan Gentry
3 years
Just one of the biggest #Bitcoin futures exchanges in the world joining the #LightningNetwork ⚡, no big deal.
@okx
OKX
3 years
We are thrilled to announce @OKEx will be integrating the Lightning Network in Q1 of 2021! OKEx is committed to furthering #bitcoin adoption and excited to work with @lightning to bring lower fees and faster transactions to all of our users. 🔗:
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@RyanTheGentry
Ryan Gentry
14 days
Let’s gooooooo @btcplusplus kicking off now
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@RyanTheGentry
Ryan Gentry
1 month
Please bitcoiners internalize this definition of what a L2 is. @peterktodd currently preaching the good word at the Tuscany Lightning Summit 🇮🇹 cc @brian_trollz
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@RyanTheGentry
Ryan Gentry
3 years
PoS is inherently a political process that centralizes into cartels over time unless users "vote" to punish large entities for their success. Fine for corporate governance or pseudo-equity. Disastrous for production of sound money. PoW works.
@zmanian
Zaki ⚛️🍷
3 years
Mostly these numbers don’t matter If you are spending your time scaling BFT algorithms, we already know how to do it. ETH2 has more than 500k public keys. The hard parts: What countervailing incentives to staking with Binance, Coinbase and Kraken exist? Accountability for MEV
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@RyanTheGentry
Ryan Gentry
3 years
@zackvoell My god. You've found the only hands weaker than @stoolpresidente 's
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@RyanTheGentry
Ryan Gentry
6 months
For every 5 likes, I will make this ⚡️ developer more powerful
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@RyanTheGentry
Ryan Gentry
12 days
Day 3 of @btcplusplus is starting now! @super_testnet is kicking things off with a coinjoin workshop, demoing how to make collaborative multiparty transactions without a coordinator.
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@RyanTheGentry
Ryan Gentry
3 years
Every routing node has four natural resources it can monetize: bitcoin liquidity, storage, bandwidth, and compute. We've already started building a marketplace for allocating liquidity with @LightningPool . When marketplaces for the other three start showing up, watch out 🤯
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@RyanTheGentry
Ryan Gentry
3 months
1) What
@VitalikButerin
vitalik.eth
3 months
@salvatoshi @ercwl @brian_trollz If you have an L1 consensus failure, stuff breaks core devs scramble for a day, but eventually things are alright again. With an L2 bug, people could permanently lose lots of money.
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@RyanTheGentry
Ryan Gentry
3 years
What are the best resources for people new to the #LightningNetwork ? Particularly those that should be translated into Spanish 👀👀
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@RyanTheGentry
Ryan Gentry
2 years
This tweet caused me to look up BTC vs. ETH and uhh... wtf happened on July 21st to cause this divergence in BTC on-chain volume >> ETH on-chain volume but ETH median fee paid >> BTC median fee paid? cc: blockchain archaeologists at @coinmetrics (thx for the great charts 🙌)
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@kerooke
Kevin Rooke
2 years
Bitcoin's daily transaction volume has only topped $30 billion on 4 days in Bitcoin history... all of which occurred in the last 8 days. Probably nothing.
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@RyanTheGentry
Ryan Gentry
3 years
Don't mind me, just egging on the @sphinx_chat FOMO. 💨 30 payments/s from 4 hops away ⚡ 10k nodes on LN for the first time 🧩 Bitcoin-themed crossword puzzles for sats 📈 Earning 1423 sats just for posting price talk The future is happening right now and you're missing it!!
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@RyanTheGentry
Ryan Gentry
4 years
This is such a big deal. Podcasters now have a monetization method outside of advertising right as Spotify is coming to aggregate them and ruin the independence of the platform. And it's powered by Lightning ⚡⚡
@adamcurry
Adam Curry - Texas-Beware of Fakes
4 years
We are Proud to Present: Podcasting 2.0
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@RyanTheGentry
Ryan Gentry
3 years
The #1 thing PoS maxis misunderstand about PoW: NOBODY is more irresponsibly long #BTC than miners. In today's professional mining ecosystem, miners have to purchase 1) real estate 2) cheap power 3) expensive hardware 4) pool contracts + more before they earn a sat of revenue
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@RyanTheGentry
Ryan Gentry
4 years
The problem with tokenomics is eventually you run out of free money.
@MessariCrypto
Messari
4 years
DeFi projects are distributing $25M a month in native tokens to incentivize users to bring capital to their networks + $COMP: $18.5M + $BAL: $5.8M + $SNX: $768K + $AMPL: $44K + $REN: $16K Full analysis:
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@RyanTheGentry
Ryan Gentry
3 years
In retrospect, yesterday's disappointment in the Senate was inevitable. We're in the "then they fight you" stage of a game where the end prize is ownership of the global reserve currency. The protocols optimizing for decentralization and resilience will win and change the world.
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@RyanTheGentry
Ryan Gentry
4 years
So now that we all agree that globally available blockspace is not scalable for actual computation, but is best used for verification of off-chain computation instead, here are some thoughts on Ethereum's approach to scaling vs. Bitcoin's. ~👇~Thread~👇~
@VitalikButerin
vitalik.eth
4 years
A rollup-centric ethereum roadmap:
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@RyanTheGentry
Ryan Gentry
3 years
No people in history have stayed free by sitting on their hands and watching NgU. Freedom must be earned, protected, and exercised, or it will be taken. NgU is accurate in that sound money is a necessary condition for a monetary system based on freedom. But it is not sufficient.
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@RyanTheGentry
Ryan Gentry
3 years
The company that proved the #LightningNetwork can support nation-state level adoption today is hiring 👇 I don't expect these postings to be open very long. What are you waiting for? Apply!
@nicolasburtey
Nicolas Burtey
3 years
You like Volcanoes 🌋 and want to bring freedom to money? We have 2 open positions now, and more to follow. Join us as part of our founding team, and help us change the world for the better! The position is fully remote, so wherever you are, reach out.
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@RyanTheGentry
Ryan Gentry
3 years
Absolutely thrilled my decision to go irresponsibly long LN with my career has coincided with @twobitidiot 's capitulation on its progress. Couldn't ask for a better countertrade signal 😜 10 THINGS YOU CAN DO WITH LN TODAY 👇: 1) earn risk-free yield on BTC via @LightningPool
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@RyanTheGentry
Ryan Gentry
6 months
Congratulations to the MiniMax team for winning the @satsconf_ hackathon with a Lightning-powered LLM to help devs write Miniscript! Great way to close out a fantastic conference organized by @lucasdcf and team. Bullish on the Brazilian #bitcoin developer community!
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@RyanTheGentry
Ryan Gentry
2 years
Incredibly proud to be a part of the @lightning team today. Every day each person brings laser focus on solving real problems for real users, and bringing #bitcoin to billions. Taro dramatically expands the possibilities of what can be built on bitcoin. Excited to get to work!⚡️
@lightning
Lightning Labs⚡️🍠
2 years
Taro is powered by Taproot, bitcoin's latest upgrade, using its contracts to create assets. With Taro, stablecoins can be issued on bitcoin and sent over the Lightning Network, all using the security of bitcoin and routing through #BTC liquidity.
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@RyanTheGentry
Ryan Gentry
2 years
@allenf32 In Soviet DeFi, the yield farms you!
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@RyanTheGentry
Ryan Gentry
18 days
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@RyanTheGentry
Ryan Gentry
3 years
Was an absolute pleasure to work with @hfangca , @jasonklau , and the @OKCoin team on this. From public announcement to live on mainnet in a short 41 days!! #HereComeTheExchanges ⚡️⚡️
@Okcoin
Okcoin
3 years
@Lightning has now arrived at OKCoin, providing up to 99% lower fees and instant transactions
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@RyanTheGentry
Ryan Gentry
5 years
Pro-crypto Texans: 1. Download this template letter against HR4371 2. Find your state rep here 3. Fill in the template's red text, edit as you see fit and sign it 4. Fax a pdf of your letter to your rep here
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@RyanTheGentry
Ryan Gentry
3 years
This laid the groundwork for some super vibrant communities of node runners to pop up a la Ring of Fire and Plebnet. These groups are the primordial soup out of which the next wave of LN startups will emerge IMO... lots of tinkering and lots of great memes
@capoczino
Czino // 🟧⬛️ 👫🌱🏡
3 years
This tweet made me interested how Plebnet compares to the Rings of Fire Two different lightning communities Two different approaches You can see differences in the anatomy of their graphs. Both graphs have similar node counts Rof: 411 // Plebnet: 375
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@RyanTheGentry
Ryan Gentry
3 years
3) the remittance use case has successfully crossed the chasm (h/t @MichaelLevin ) thanks to @jackmallers , @ln_strike and El Salvador. Huge amount of new inbound interest in an LN integration from exchanges & wallets with users in remittance-heavy countries
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@RyanTheGentry
Ryan Gentry
3 years
. @dhruvbansal and I will be presenting our thoughts in Miami on what this means for building on #bitcoin . I'm really excited to share them with y'all. The Circular Economy (h/t @ziggamon ) Advertising is Censorship (h/t @adamcurry ) Number of People Go Up (h/t @starkness )
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@RyanTheGentry
Ryan Gentry
23 days
Imagine being a #bitcoin developer and NOT attending @btcplusplus next week. This agenda is insane.
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@RyanTheGentry
Ryan Gentry
3 years
We outchea #Miami #Bitcoin @TheBitcoinConf My DMs are open if you're in town and want to chat ⚡⚡⚡!
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@RyanTheGentry
Ryan Gentry
3 years
@benthecarman I think putting a static LN invoice on a meme as a watermark is the future. Tip your memers folks!
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@RyanTheGentry
Ryan Gentry
3 years
Bullish on bitcoiners
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@RyanTheGentry
Ryan Gentry
3 years
gm 🤘 They ain't ready. (h/t @hampus_s for )
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@RyanTheGentry
Ryan Gentry
3 years
@SamuelShadrach4 No. PoW decentralizes over time because cheap energy is naturally distributed worldwide. That's why we see miners in N Dakota, DRC, Inner Mongolia, Colombia, etc. PoS centralizes over time because it depends on capital, not energy. Capital accumulates, rich get richer.
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@RyanTheGentry
Ryan Gentry
3 years
Hi @STOmarova the Lightning Network is a full reserve value transfer network, there is no notion of debt. If you have some ideas on how to change that and introduce margin, @lightning is hiring for protocol devs! ⚡⚡
@msantoriESQ
Marco Santori
3 years
In fact, she thinks this just "replicates the familiar patterns of margin trading and collateralized borrowing that enable financial asset speculation." I.e.: Lightning just creates Wall Street on steroids.
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@RyanTheGentry
Ryan Gentry
1 year
Nostr is cool. Nice work @fiatjaf et al. Damus is cool. Nice work @jb55 et al. npub1uatf9mr3za8xnr0370gl2acc2k7vfeh9dpyf6t426jyasyry4nnqe7n24e 👀
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@RyanTheGentry
Ryan Gentry
3 years
Let it be known @ercwl is a good sport and a man of his word
@ercwl
Eric Wall | BIP-420😺
3 years
This is first bet I've lost on CT, and Twitter bets are a serious matter to me. I can think of nothing more humiliating than not paying one's dues. So with that, congratulations both @RyanTheGentry & @giacomozucco ! Post your LN invoices below, and you'll receive $1000 each!
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@RyanTheGentry
Ryan Gentry
3 years
Is it any coincidence that #Bitcoin busted through $20k on the same day @krakenfx announced Lightning Network support? I think not. ⚡⚡
@BitcoinMagazine
Bitcoin Magazine
3 years
Bitcoin Magazine Exclusive! @pierre_rochard of @krakenfx announcing Kraken's intentions to roll out Lightning Network support in the first half of 2021. Read the full story here!
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@RyanTheGentry
Ryan Gentry
3 years
Congratulations @OpenNodeCo , onwards!! ⚡️⚡️
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@BitcoinMagazine
Bitcoin Magazine
3 years
BREAKING: Substack adds #Bitcoin Lightning payments for 500,000 users ⚡️
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@RyanTheGentry
Ryan Gentry
3 years
Read. Reread. Understand. 👇
@GideonOPowell
Gideon O. Powell #Energy🏴‍☠️
3 years
@KenzieSigalos @bitentrepreneur @arvanaghi @nayibbukele If El Salvador Grid is like Texas then #bitcoin miners are incentived to curtail power during times of grid stress and free up excess power when others need it most So new power generation mostly used for #bitcoin mining is used to stabilize the grid. #WinWin #DemandResponse
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