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Rene Pickhardt Profile
Rene Pickhardt

@renepickhardt

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#Bitcoin & #lightningnetwork developer & educator demanding open knowledge! Proud member of @wikimediaDE @de_Serlo & former #BTW17 Frontrunner of @piratenpartei

Gjøvik, Norge
Joined January 2011
Don't wanna be here? Send us removal request.
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@renepickhardt
Rene Pickhardt
3 years
Guess who received (& send back) 2 LARGE (!) mainnet #Bitcoin payments from @stefanwouldgo over the #LightningNetwork ! 1st payment: 0.3679 BTC (345 parts minSplitSize: 10k sats) 2nd payment: 0.286 BTC (80 parts minSplitSize: 100k sats) Teamwork makes the dream work! 1/4
@renepickhardt
Rene Pickhardt
3 years
Optimally Reliable & Cheap Payment Flows on the Lightning Network the joint work with @stefanwouldgo is now (as promised) in the #open : This method should allow us to ⚡️ send large #Bitcoin amounts over the #LightningNetwork ⚡️ Thread: 1 / 15
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@renepickhardt
Rene Pickhardt
2 years
Dear @greenpeace . You didn't address me directly with your campaign However the demand of a code change makes me - as a developer - feel addressed Despite being sure that your campaign is more about seeking attention than dialogue I feel the urge to reply to your demands: 1/11
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@renepickhardt
Rene Pickhardt
3 years
As @michael_saylor is newer to this than me & since he did a great job for this community I will give out a free piece of advice using his language: The real #BitcoinMiningCouncil is a decentralized swarm of #cyberhornets Heating my home with green Norwegian energy while mining
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@renepickhardt
Rene Pickhardt
2 years
I am considering becoming more vocal criticizing #bitcoin and the #LightningNetwork ... As a researcher I find sound and substatial criticism extremely important. Unfortnunatly most critics do (even if they underdtand the fundamentals of the technology) a terrible job... 1/2
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@renepickhardt
Rene Pickhardt
2 years
OMFG!!! IT WORKS! @c_otto83 just sent me 0.6 real #Bitcoin via #LightningNetwork * No prior probing for liquidity required! * Just Optimally reliable payment flows! * 137 partial payments sent! * 92 arrived successfully! * time to complete: 81 seconds (mostly network rtt)
@renepickhardt
Rene Pickhardt
2 years
Don't trust, Verify! Happy to see the first independent verification by @c_otto83 of the experiments that @stefanwouldgo and I did last summer! TL;DR: within 13 seconds optimally reliable payment flows can deliver 0.6 tBTC while LND by @lightning labs has only 30% delivered (:
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@renepickhardt
Rene Pickhardt
2 years
~3 years ago I began working on "the #lightningnetwork book" Only 3 months later @aantonop reached out & suggested to team up with @roasbeef . Now I am proud to say we have "mastering the lightning network". I'm sure I would not have managed this alone! #24herosOfLightning
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@renepickhardt
Rene Pickhardt
3 years
I might be biased on this, but: The ability for instant, secure & p2p value transfer (without central authority) is a historic technological breakthrough Despite recent news I think the #lightningnetwork is still one of the most overlooked & underrated technologies in the world
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@renepickhardt
Rene Pickhardt
1 year
When I became a #lightningnetwork developer I was naive. I thought I understood #bitcoin & LN because the protocol was technically clear. After 5 years I am starting to grasp that permissionless & decentralized have subtle consequences making #bitcoin its own biggest challenger
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@renepickhardt
Rene Pickhardt
1 year
I still don't understand what is going on or what the implications will be... But it's moment like these when I remember why I work my ass off on making peer to peer cash a reality Self sovereign #bitcoin payments via #LightningNetwork without custodians seem really desirable
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@renepickhardt
Rene Pickhardt
1 year
Finally one of my childhood dreams is fulfilled and I can proudly hold the German copy of Mastering the Lightning Network in my hands! Thanks to @aantonop and @roasbeef as well as @oreillyverlag @OReillyMedia Peter Klicman and @Snyke for adding a "Vorwort" A small thread: 1/7
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@renepickhardt
Rene Pickhardt
2 years
Hey @saylor as you obviously know @elonmusk could you please send him a copy of "Mastering the Lightning Network" by @aantonop @roasbeef and me? I am so tired of the #Bitcoin community getting triggered by his #dogecoin statements while ignoring the possibilities of lightning...
@PeterMcCormack
Peter McCormack🏴‍☠️
2 years
Yep, @elonmusk talking shit about #bitcoin with Lex Blockman.
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@renepickhardt
Rene Pickhardt
2 years
Here are my 2 sats: Proofing that something works seems btw much more #sustainable then just spending large sums of money on a #populist #marketing #campaign to demand something. Many users changed their config file to #zeroBasefee because of our research (no campaign!) 11/11
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@renepickhardt
Rene Pickhardt
3 years
After 2 years proof of work with @roasbeef our co-author & release master @aantonop just sent the "final" manuscript (450 pages!) to our publisher. Great leadership by @aantonop ! How it started: It was a big pleasure & very satisfying working with you!
@aantonop
Andreas (aantonop Team)
5 years
So pleased to finally announce at #BTC2019 that @roasbeef @renepickhardt and I will be writing 'Mastering the Lightning Network,' for publication in Q4 2020!
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@renepickhardt
Rene Pickhardt
2 years
I thought I did understand it... ...but I think I still don't fully grasp what it means that (to the best of my knowledge) on a technical level... ... #Bitcoin fundamentally cannot be censored or stopped. It is literally mind blowing for me.
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@renepickhardt
Rene Pickhardt
5 years
My most convincing argument for #Bitcoin . Since I am aware of bitcoin I did not meet one single person who could explain the whitepaper but thinks bitcoin does not make sense. The only critics I met so far are ignorant, uneducated people who could not even explain core basics.
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@renepickhardt
Rene Pickhardt
3 years
Optimally Reliable & Cheap Payment Flows on the Lightning Network the joint work with @stefanwouldgo is now (as promised) in the #open : This method should allow us to ⚡️ send large #Bitcoin amounts over the #LightningNetwork ⚡️ Thread: 1 / 15
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@renepickhardt
Rene Pickhardt
2 years
Hell (fucking) Yeah!!1! Finally sub second runtime (0.65 sec) to compute a reasonable payment flow on the entire(!) #lightningnetwork ! Guess it's time for #zeroBaseFee Thx y'all for your support & trust! fyi @roasbeef @TheBlueMatt @Snyke @realtbast @BitMEX @stefanwouldgo
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@renepickhardt
Rene Pickhardt
2 years
Seems as if @saylor still lives on a dollar standard... If I calculated correctly these should be the numbers if you actually adopted the #Bitcoin standard and compare against BTC (Note: 1 BTC = 1 BTC) MSTR + 6% USD -41% NASDAQ -43% GOLD -50% BOND -53% SILVER -59%
@saylor
Michael Saylor⚡️
2 years
Since @MicroStrategy adopted the #Bitcoin Standard: MSTR +79% BTC +64% NASDAQ -3% GOLD -16% BOND -21% SILVER -30%
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Rene Pickhardt
5 years
Stranger at #35c3 : What do you think will be the market cap of #Bitcoin in Dec 2019? Me : roughly 18.5 million btc Stranger: No no no. Expressed in a reasonable currency. Me: 18.5 million #btc Stranger: No! What will be the price of one Bitcoin? Me: Of course 1 Bitcoin (:
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@renepickhardt
Rene Pickhardt
5 years
OMG! My cousin who studies design send me her diploma thesis with 180+ pages discussing how lightning network wallets should look & feel for users while comparing this to traditional banking apps. Wanted to continue with the book today but I guess I have to read another one first
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@renepickhardt
Rene Pickhardt
2 years
I may be operationally blind here but the #lightningnetwork is - as of now - UNRELIABLE by design. I fear when it comes to reliability that even with optimally reliable payment flows we still may not be able to compete with what @jackmallers calls the "boomer wazzzzup networks"
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@renepickhardt
Rene Pickhardt
28 days
6 years ago I made my first purchase in a physical store by paying (onchain) with #bitcoin I paid 200k sats to get my bicycle repaired. At that time I expected we could easily pay everywhere with #bitcoin via the #LightningNetwork by now. Why can't we? What needs to change?
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@renepickhardt
Rene Pickhardt
3 years
Perspective! This year on average 900 btc are mined per day. In contrast 6850 kilogram gold are mined per day with 1 kg gold valued roughly at 2 #Bitcoin This is equivalent 13'700 Bitcoin (or about 15 times the value of new #Bitcoin entering the market per day)
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@renepickhardt
Rene Pickhardt
4 months
#nerdHeaven & #playtime ! I made myself a little toy! Can't believe it took me 6 years of reasearching LN routing to finally have arrived here (; 2 interesting facts in the video! @niftynei I think @base58btc might need this? @OpenSats expect this being used in the webinars (;
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@renepickhardt
Rene Pickhardt
2 years
Ich habe in einem Gastartikel bei @spektrum Stellung zu der Meinung von @maithi_nk über die Nützlichkeit von #Bitcoin genommen: Ich sage: "Doch Frau Nguyen-Kim, natürlich braucht die freie & selbstbestimmte Menschheit eine Technologie wie den Bitcoin!"
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@renepickhardt
Rene Pickhardt
1 year
The #book is now #free !!! When I originally started working on the #LightningNetwork book I made it clear that it will have an open license and I would only work with a publisher who supports this When @aantonop suggested to work with @roasbeef he said @OReillyMedia will do so
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Rene Pickhardt
2 years
Maybe fix your #Bitcoin setup before adding more stuff? This does not end with making sure taproot works but also by including #lightningnetwork withdrawals & deposits. Next: Pls list stocks. Would be great to have substantial asset classes next to #Bitcoin instead of altcoins
@cz_binance
CZ 🔶 BNB
2 years
#Binance hasn't listed anything this year... What should we list?
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@renepickhardt
Rene Pickhardt
4 months
I am very grateful that the board of @OpenSats awarded me with a long term support grant for my research & educational efforts on payment planning on the #LightningNetwork My gratitude goes to everyone who supported my work in the past and empowered me!
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@renepickhardt
Rene Pickhardt
2 years
How can you verify my claim? Just create a new fork of the code and create a new genesis block and offer it to people. If the switch to POS is more useful to them than the existing #Bitcoin protocol then people would start accepting it as money and prefer it over #bitcoin 8/11
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@renepickhardt
Rene Pickhardt
2 years
I'm sure it's trivial to anyone who watched the keynote: The #LightningNetwork is the payment system for #Bitcoin that produces velocity! BTW: If you are given a list of enemies of the #bitcoin movement make sure it includes the folks who subtly shill & legitimize altcoins (;
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Rene Pickhardt
2 years
... In that case the people accepting #bitcoin in their current form might have the incentive to also accept your demanded code change. Long story short: in the spirit of open source development I propose you demonstrate that your demanded code change actually works! 10/11
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@renepickhardt
Rene Pickhardt
3 years
2 years ago I created a video to explain why the recent proposal by @elonmusk cannot work for obvious reasons --> <-- I really hope he is just trolling and this is his way of challenging people to understand the technology and its limitations better.
@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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@renepickhardt
Rene Pickhardt
3 years
Couldn't go to Miami so I coded up my algorithm! In a simulated network with realistic balance values a node having 0.42 BTC could send 0.4 BTC to a remote node (that could receive up to 1.59 BTC) with no direct channel It took just 4 attempts to deliver and 814 sats in fees
@renepickhardt
Rene Pickhardt
3 years
What would you do in my situation? - After 3 years of work you found the provable most optimal way to deliver payments on the #lightningnetwork producing a significant boost in payment speed & realiability - You are not #Bitcoin rich - Your health isn't stable Is this my #YOLO ?
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@renepickhardt
Rene Pickhardt
2 years
Deutschland hat Angst vor einem kaltem Winter ohne Gas aus Russland... Man stelle sich nur mal kurz vor, wir hätten grünen Strom (z.b aus Windkraft) und würden elektrisch heizen in dem wir #Bitcoin minen... Ach ne, geht ja nicht, dann wäre Bitcoin keine Umweltsau mehr...
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@renepickhardt
Rene Pickhardt
2 years
3 years ago I proposed to write a book about the #Lightningnetwork This month I was interviewed by @finanzfluss (probably Germany's most relevant YT channel about investing) to introduce #Bitcoin & the #LightningNetwork to a broader audience! I feel so honored! Thank you! 1/2
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@renepickhardt
Rene Pickhardt
2 years
Der Podcast mit Mai Thi Nguyen-Kim erscheint nächste Woche auf meinen neuen Youtube Kanal. Lasst gerne ein Abo da(: Hier ein kleines Preview, dass einige überraschen dürfte, in dem Sie über die krasse Emanzipation durch #Bitcoin von Zentralbanken spricht
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@renepickhardt
Rene Pickhardt
8 months
When I discovered #Bitcoin 10 years ago I thought IF it succeded 1 coin should trade for at least one family house. So I bought a coin to trade it for a house in the future. TIL: Since April 2023 in Germany AML rules forbid you to pay with #Bitcoin if you acquire real estate.
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@renepickhardt
Rene Pickhardt
2 years
Assume I took the time to create a code change that switches POW to POS and @jack , @elonmusk or @Fidelity advocated for this (like you very strangely propose) It still seems very unlikely that users will use the update as they already accepted the current code as money! 7/11
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@renepickhardt
Rene Pickhardt
2 years
Thus It is my understanding that the value of money is directly connected to people accepting it. It is my understanding that this is true for #Bitcoin in the same way as it is true for the Norwegian Krona, the Euro or any other currencies like the USD or the Turkish Lira 3/11
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@renepickhardt
Rene Pickhardt
2 years
I'd first like to recall that - according to @stlouisfed and many others - money has three functions First: Money is a store of value. Second: Money is a unit of account. Third: Money is a medium of exchange. Source: 2/11
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@renepickhardt
Rene Pickhardt
2 years
It is also my understanding that people will only spend large amounts for computing resources to mine #bitcoin if the very limited and over time declining #bitcoinmining reward is more valueable to them than the invested resources (depends on people to accept #bitcoin ) 4/11
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@renepickhardt
Rene Pickhardt
3 years
After several discussions with @aantonop & @roasbeef I have finally created an architecture diagram for the #LightningNetwork Protocol Suite to be used in "Mastering the Lightning network" For serious feedback please consider the thread on the Mailinglist
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@renepickhardt
Rene Pickhardt
2 years
Most #bitcoin critics (that I'm aware of) focus on already debunked / fixed or minor problems, make use of adhominem arguments or whataboutism. By useing strong language & conflicting #bitcoin with the actual #cryptobros they seem to be focused on narrative instead of debate 2/2
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@renepickhardt
Rene Pickhardt
5 years
I guess some people already knew this was coming. @aantonop , @roasbeef and I just announced "Mastering the #LightningNetwork " As Andreas just said on #btc2019 : "The best investment you can do is to invest in your own education." I couldn't agree more!
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@renepickhardt
Rene Pickhardt
2 years
Due to the @FTX_Official mess one of the largest German newspaper asked me for an interview. I explained: * #Bitcoin is not "crypto" * FTT was a phantasy-token (aka funny-money) * bitcoin can do more than 7 payments / second via #LightningNetwork * not your keys not your coins
@DIEZEIT
DIE ZEIT
2 years
Krypto und Betrug – nicht nur bei der Handelsbörse FTX scheint das zusammenzugehören. Aus Bitcoin kann aber auch Gutes entstehen, sagt der Entwickler @renepickhardt .
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Rene Pickhardt
2 years
While like many other people who have an interest in #bitcoin I share your goal of protecting the environment I believe that: A code change as you demand won't work for trivial reasons! I'll lay these reasons out and tell you how you could proof me wrong if you read on: 5/11
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Rene Pickhardt
3 years
I don't get it: @brian_armstrong from @coinbase says his journey started with #Bitcoin and he believes in economic freedom. So why did he not already add support for the #lightningnetwork protocol and thus give his customers more economic freedom to quickly move their coins?!?
@brian_armstrong
Brian Armstrong
3 years
1/ Today is a big moment for @coinbase as we become a public company. But it’s also a big one for crypto. This all started with the Bitcoin whitepaper 12 years ago, a deceptively simple 9 page document by Satoshi Nakamoto that ignited a global movement.
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Rene Pickhardt
2 years
Had a very critical, amazing and inspiring conversation with @gladstein discussing how #Bitcoin and the #lightningnetwork can be useful for human rights activists (for example by @HRF ). But also what limitations and roadblocks exist. Lot of new perspectives to tinker about!
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@renepickhardt
Rene Pickhardt
4 years
- I am politically on the far left. - I consider myself as a Bitcoin maximalist. - I am sick of the ongoing hostility (e.g. Bl{a,o}cklist) BUT: I love if my views are being challenged. So please #Bitcoin community recommend me a book / menifesto about your political believes.
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@renepickhardt
Rene Pickhardt
1 year
Some devs who I respect encouraged me to do it: This year I will not be speaking about the #LightningNetwork and / or #Bitcoin in Podcasts or at conferences without devoting a significant amount of time to address the technical limitations and issues that I am aware of. 1/2
@renepickhardt
Rene Pickhardt
2 years
I am considering becoming more vocal criticizing #bitcoin and the #LightningNetwork ... As a researcher I find sound and substatial criticism extremely important. Unfortnunatly most critics do (even if they underdtand the fundamentals of the technology) a terrible job... 1/2
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@renepickhardt
Rene Pickhardt
2 years
Why won't changing the code work? In 2017 people tried to change the code - in fact they did. What happened is that with a user activated softfork () the users decided which version of the code is #bitcoin . Again: People accept money (and its form) 6/11
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@renepickhardt
Rene Pickhardt
3 years
Could convince my dear friend and co-author @aantonop to join the @BTCZitadelle so that I won't feel lonely (: Looking forward to meet you all!
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@renepickhardt
Rene Pickhardt
3 years
Damn it! This is so frustrating & annoying! After all the complaints from folks asking me why I focus on #Bitcoin only I finally blocked time this weekend to test #ethereum Now I don't know which one to check out. Maybe I just take a hike in the nature and tinker about btc (:
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@renepickhardt
Rene Pickhardt
2 years
Let me conclude with a conjecture: If your POS fork of Bitcoin was successfully being accepted the number of people accepting #bitcoin might decline. This would probably reduce its value and reduce the incentive for miners to spend resources on finding new coins... 9/11
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@renepickhardt
Rene Pickhardt
2 years
Yesterday a single non-standard bitcoin transaction produced a consensus conflict A large part of the #LightningNetwork nodes were affected & node operators had their funds at risk I did not see *any* of the attention seeking & loud #bitcoin critics talking about this... 1/2
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@renepickhardt
Rene Pickhardt
5 years
After 1 year of studying lightning I proudly released 200+ slides explaining the BOLTs. This is to structure my thoughts for the #lightningnetwork book project. due to health issues #PTSD I will be in the hospital until June. No content/videos 'til then ;(
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@renepickhardt
Rene Pickhardt
1 month
This is pure madness!! I fucking ❤mathematics! Finalzing the text and explainations of this. So looking forward to it! Finally I found a mathematical framework and language to describe liquidity and what kind of payments are (im)possible to fulfill on payment channel networks
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@renepickhardt
Rene Pickhardt
1 year
The czech national bank seems to get orange pilled right now. Study #bitcoin
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Rene Pickhardt
2 years
Today the European parliament votes on some regulation with respect to cryptocurrencies. In spring 2024 we vote who gets elected as a member of Parliament. Remember: even wrong and stupid policies can be reverted quickly after an election and MEPs can be voted out of office.
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@renepickhardt
Rene Pickhardt
3 years
I think more important than the question #wtfhappenedin1971 is the question: What happened on January 3rd 2009? Answer obviously: #Bitcoin came into existence (... to fix #wtfhappenedin1971 )
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@renepickhardt
Rene Pickhardt
6 months
#Bitcoin : A Peer-to-Peer Electronic Cash System If it only/mainly works in a custodial setting and for professionals, then we are (according to the title) failing big times. While creating p2p ecash is hard I still belief we should aim for this and we will eventually achieve it!
@Leishman
Alexander Leishman 🇺🇸
6 months
Lightning is great for custodial to custodial transfers. Huge UX challenges for consumer self-custody with LN.
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Rene Pickhardt
3 years
What would you do in my situation? - After 3 years of work you found the provable most optimal way to deliver payments on the #lightningnetwork producing a significant boost in payment speed & realiability - You are not #Bitcoin rich - Your health isn't stable Is this my #YOLO ?
Open source it
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Rene Pickhardt
3 years
After all the beauty of #Bitcoin is largely based on the fact that... #bitcoin does not need @elonmusk . (or any other famous person) If at all Elon needs #Bitcoin #Bitcoin is #freedom and independent money for independent people.
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Rene Pickhardt
1 year
Ever since I started LN dev I was focused on #Bitcoin only. I believed it's an honest project & network effects exist. Close friends know that last year I began asking myself if I wanted to continue my quest. I guess that was because I shared some of @ercwl 's observations 1/5
@ercwl
Eric Wall | BIP-420😺
1 year
@renepickhardt @udiWertheimer It isn't so much that a single specific current narrative is strange/self-contradicting, even though there certainly are some inadequate narratives out there. Let me start by listing some: - Bitcoin is perfect, doesn't need to change. But also everyone should self-custody!
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Rene Pickhardt
2 years
Während den Vorbereitungen der @maithinkx Sendung über #Bitcoin hat @maithi_nk zugestimmt, in einem Podcast unsere unterschiedlichen Ansichten auf #Bitcoin zu debattieren. Falls ihr Ideen, Themen, Anregungen & Wünsche habt hier mein aktuelles Script:
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@renepickhardt
Rene Pickhardt
4 months
I discovered #Bitcoin about 10 years ago - Actually in 2010 but I initially ignored it completely. I studied it for the past 6 years & I still don't understand it well :( Despite my lack of understanding I became #reckless & began to Euro cost average today for more freedom (;
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@renepickhardt
Rene Pickhardt
8 months
I really hate writing grant applications and the 'industry' of doing so... but this grant for 800k EURO to research the climate impact of electronic consensus (aka PoW) mechanisms really catches my attention Might be willing to partner up with folks!
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@renepickhardt
Rene Pickhardt
5 years
I joined a PhD program to write a thesis about the #LightningNetwork (my plan is pathfinding) in Norway! I was prepping relocation since @lnconf & I'm now on my way to Norway Thanks to @snyke , @tgottron and to my patrons who helped to make this possible!
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@renepickhardt
Rene Pickhardt
2 years
Eigentlich hätte ich die Gelegenheit nutzen und Thomas von @finanzfluss zu seinem aktuellen Spiegel #bestseller gratulieren und befragen sollen aber er wollte so viel über #Bitcoin und das #lightningnetztwerk wissen, dass ich mal wieder im Nerd-Himmel schweben dürfte (: ❤️⚡🕸️!
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@renepickhardt
Rene Pickhardt
5 years
After 25 years of a hard sickness a very sad life came to rest... My father was most likely the son of a Russian soldier who raped my grandmother during #WWII . This burden had a severe impact on his entire life. #stopwar No video this and probably next week for obvious reasons
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@renepickhardt
Rene Pickhardt
1 year
Kommunikativ können wir hacker noch viel von @IjomaMangold lernen. So überzeugend, wie er es präsentiert frage ich mich ernsthaft, warum wir als Gesellschaft den #bitcoin noch nicht längst zum festen Bestandteil gemacht haben? Geld ohne zentrale Autorität ist einfach stark (;
@dtv_verlag
dtv Verlag
1 year
"Wie es kam, dass ich mich nicht nur für Buchstaben, sondern auch für Zahlen interessierte" - @IjomaMangold heute in @DIEZEIT . Sein Buch "Die orange Pille" erscheint heute!
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@renepickhardt
Rene Pickhardt
6 years
⚡Hack a Lightning Network Paywall App with c-lightning & Python in 5 Minutes! ⚡ ==> Watch, learn & build: <== Test the Lapp (by voting for future videos for 250 Satoshi per vote ):
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@renepickhardt
Rene Pickhardt
2 years
Letzten Monat haben @IjomaMangold und ich bei der @phil_cologne über #bitcoin gesprochen: Ich bin immer noch schwer von @WEilenberger 's Moderationsfähigkeiten beeindruckt. Danke auch an die Udo Keller Stiftung, die dieses Gespräch möglich gemacht hat.
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@renepickhardt
Rene Pickhardt
2 years
Gegeben die aktuellen Ereignisse, denke ich wir brauchen eine Interessenvertretung! Klar "honeybadger don't care", aber am Ende des Tages ist es gut, wenn wir uns vereint für #Bitcoin stark machen und klar unsere Interessen gegenüber Politik und Öffentlichkeit vertreten.
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@renepickhardt
Rene Pickhardt
2 years
I really love the perspective of @jackmallers on the BOLT12 vs LNURL discussion.... 1. we all benefit from a widely agreed upon open standard (fully agree!) 2. leaving out the web server and being lightning native is preferable (also agree) 3. LNURL did an amazing job (agree)
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@renepickhardt
Rene Pickhardt
3 years
Hey @McDonalds if you can work with @OpenNodeCo in #ElSalvador to accept #Bitcoin will you enable this globally? I mean a globally accepted & available currency like #Bitcoin seems reasonable for a global company (: Also it seems cheaper & more frictionless than digital fiat ^^
@AaronvanW
Aaron van Wirdum
3 years
Just walked into a McDonald's in San Salvador to see if I could pay for my breakfast with bitcoin, tbh fully expecting to be told no. But low and behold, they printed a ticket with QR that took me to a webpage with Lightning invoice, and now I'm enjoying my desayuno traditional!
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Rene Pickhardt
3 years
This! It's exactly my impression. Totally crazy.
@adam3us
Adam Back
3 years
@LeoAW It's actually worse. Multiple times we offered to have engineers integrate lightning gratis for exchanges, on our dime. Nope. But they keep sending emails with new alts integrated, and another deliarwd, every week. And bitcoin marketing. Even donations to sponsor a bitcoin dev.
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Rene Pickhardt
3 years
So @signalapp is open source and @TheBlueMatt was - according to their git repo - an active contributer some years ago. Why not making a pull request to integrate #Bitcoin via the #LightningNetwork ? And if not accepted why not forking it?
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Rene Pickhardt
3 years
The president of El Salvador just said on a Twitter space hosted by @nic__carter that the country will hold at least the equivalent of 150 million USD in #Bitcoin in a governmental trust minutes before the Bitcoin bill was voted into action.
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Rene Pickhardt
2 months
Regular #Bitcoin payments soon to be criminalized in EU Will @AnjaHirschel - if elected to to the european parliament next June - work on reverting this? Voting for Patrick Breyer was the best vote I ever casted as he continuesly stood on the right side during the last 5 years.
@echo_pbreyer
Patrick Breyer #PiratenWählen
2 months
🇩🇪 Von EU-Ausschuss beschlossen: 🚫Verbot von Barzahlungen über 10.000 € 🆔Verbot anonymer Barzahlungen über 3.000 € ₿ Verbot anonymer Kryptozahlungen an hosted wallets selbst bei Kleinstbeträgen Das bedeutet Krieg gegen das Bargeld und schleichende finanzielle Entmündigung –
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Rene Pickhardt
2 years
How on earth is this episode of @WhatBitcoinDid by @PeterMcCormack about the Julian Assange cluster fu** not viral on a global level? Has mankind really become apathetic? Where are the protests? Where is the outcry? How is massmedia having a blind spot when it comes to this?!
@WhatBitcoinDid
What Bitcoin Did
2 years
WBD525 - The State v Julian Assange with @GabrielShipton & @StellaMoris1 . We discuss: - The extradition of Julian Assange - Attacks on journalism & freedom - Extra-territorial application of US Law - The CIA’s plans to assassinate Assange
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Rene Pickhardt
2 years
Hey @tagesschau euer video ist das schlechteste, das ich seit langem gesehen habe Erst redet ihr von dezentralen Systemen, die niemand kontrolliert & lasst dann @Austin_Federa den "Sprecher von @solana " 2x zu Wort kommen Dezentral hat keine Sprecher! 1/3
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@renepickhardt
Rene Pickhardt
9 months
During vacation I randomly woke up at 1:00 am in the morning with a solution to a problem for liquidity management / payment planning that I was tinkering about for years I recorded a voice message to not forget & finally coded the solution. Looks good (:
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@renepickhardt
Rene Pickhardt
1 year
Of course multiplying an exponential decline (even if it starts small) with a linear function (the amount of sats I could allocate) will find it's maximum quickly and then decline sharply The maximum would be the number of sats I can expect to deliver with one attempt! 4/4
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Rene Pickhardt
2 years
Until last month I subrented my old flat in Koblenz. Tenant moved out & I didn't find a new one yet (remote search fom norway is a bit tricky) I now decided that for at least half a year I can give the flat to an Ukrainian refugee for free & registered my flat with #Koblenz . 1/2
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Rene Pickhardt
2 years
Hey @nayibbukele the #Wikipedia community considers to stop accepting donations in #Bitcoin Didn't have the time yet to join the discussion & cast my vote but I think Wikipedia should not discriminate against the official currency of a sovereign country.
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Rene Pickhardt
3 years
I am delighted to see that companies who build on #LightningNetwork joined the early & smart enthusiasts and see the significance of our optimal payment flows break through and the necessity to also have #zeroBaseFee Wellcome @bitfinex and @Okcoin . 21% of all channels already!
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Rene Pickhardt
2 years
Gespannt, was Menschen zur Debatte über #Bitcoin zwischen @maithi_nk & mir in der Redefreiheit sagen werden! --> <-- Danke an @maithinkx & @spektrum für den Auftakt! Ich freue mich auf weitere spannende Gespräche & Debatten (in der Redefreiheit)!
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@renepickhardt
Rene Pickhardt
6 months
In case you didnt't know or forgot: The permissionless nature of #bitcoin allows mininers to include whatever valid tx they wish to a block... It can be... * ...an empty blog * ...all jpgs * ...the cheapest or most expensive txs * ...a block without blockreward * ...just LN txs
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@renepickhardt
Rene Pickhardt
1 year
So @adam3us invented hashcash as a spam prevention mechanism. Then satoshi utilized this in #bitcoin to solve double spending. And now folks waste precious blockspace by spamming jpegs?! Why creating the #lightningnetwork in the first place if the base layer allows this shit?!
@BitMEXResearch
BitMEX Research
1 year
Ordinals Data Up until 7 February 2023, we have identified: * Over 13,000 Ordinals transactions * 526MB of Bitcoin blockspace usage * 6.77 BTC of Ordinals related spend
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@renepickhardt
Rene Pickhardt
2 years
@jackmallers Why does it matter? We and Jack care about #Bitcoin for the right reasons and accept the current pain of unreliable payments. But many merchants / consumer may not... When introducing a technology to a wider audience and the UX is poor it will be hard to get a second chance ;(
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Rene Pickhardt
6 months
Workimg on #bitcoin & trying to improve I tend to mostly see it's limits & flaws. But occasionally I remind myself that #bitcoin is one of the most empowering technologies. The souvereinity emerging from it's properties is probably one of the most overlooked things in the world
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@renepickhardt
Rene Pickhardt
2 years
Gerade die Sendung von Harald Lesch über #Bitcoin gesehen: +Deutlich weniger gefärbt als ich es erwartet hätte. -Ich frage mich jedoch, wie er mit solcher Sicherheit einen zukünftig höheren Stromverbrauch wegen des Wachstum des Netzes vorhersagen kann.
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Rene Pickhardt
1 year
While I will say that one reason is that I feel frustrated by some of the misinformation (not to say occasional overselling) that is being circulated the more important reason is that I think that strong and sound technology must be able to withstand substantial criticism. 2/2
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@renepickhardt
Rene Pickhardt
1 year
Dear @udiWertheimer and @ercwl you said you are doing your thing because you think the #bitcoin culture of the #lasereyes maxis is broken. What are in your opinion the 5 worst (but often told) narratives / talking points that the maxis are telling each other? Why? Thank you!
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@renepickhardt
Rene Pickhardt
5 years
Hey moderators of /r/Bitcoin or whoever was responsible for giving me the tag "lightning network expert" on that subreddit: Thanks a lot for that honor! I'm usually not about titles but I find this recognition to be an extremely nice appriciation of my work during the past year.
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Rene Pickhardt
7 months
Resting naked in the fresh snow is my new #icebathing The happyness kicked in after about 15 seconds. Didn't measure time but I think I did about 2 minutes (; Will measure time tomorrow
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@renepickhardt
Rene Pickhardt
3 years
0. celebrate!!! 1. triple check code for errors 2. implement as c-lightning plugin & demonstrate on mainnet 3. set up a donation website until then I'd be happy if you consider supporting my work at: 4. write a paper / publish 5. Explain on ML / in videos
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