The U.S is one of, if not the biggest bitcoin market today. With the clampdown on mixers, miners, privacy channels and now anything that allows you stay under the grid without KYCing, it is now more important to take your privacy very serious.

Those in the U.S should consider if there is a legal channel to kickback against this policies and the entire bitcoin community needs to start getting more innovative in creating and also promoting softwares that are 100% decentralized and support privacy.

- Jay -

Interoperability
You have different blockchain networks which operate independently, like Bitcoin, Ethereum, Sol etc. They operate on entirely different systems, you cannot send funds from the bitcoin network to Ethereum, you cannot draw up smart contracts that can be accepted on the different networks, most wallets cannot even hold Bitcoin and ethereum at the same time, you need designated wallets for each.

Interoperability is the ability of a blockchain to  freely share information in a streamlined manner with other independent chains. You the user will not need to bounce back and forth to enjoy the benefits of the different networks. This is possible to an extent, but it cannot make it possible to send funds from one chain to another AFAIK.

Scalability
This is the ability of a network to cope with increasing users and demand while maintaining the level of service. If you have a restaurant that regularly cooks for 100 guests a night but then get a big break and boom, the guests starts going upwards, 250, 500, 1000+, their scalability will be their ability to cope with the increasing demand without a drop in quality of service.
In the blockchain it is normally used in relation to the ability of a network to cope with increasing transactions and get them confirmed in optimal time.

- Jay -

Special mention for this jerk:

https://mempool.space/tx/7923e59abd8f8ab40dcc7915ae864d8b7ad6776811ba4d478f42248a7827a7f3

Who has paid almost a whole bitcoin in fees to send 0.00020330 BTC.

That person was trying to get into the halving block 840000 - https://mempool.space/block/0000000000000000000320283a032748cef8227873ff4872689bf23f1cda83a5

It is expected to have some sentimental value so lots of people paid huge fees to get into that block, that also contributed to the current feerate everyone is experiencing.

- Jay -

Rank: Hero Member
Bech32 address: bc1qcj739rwkf6lx3e94kc7uswxzvwks6y7mt3pgss

- Jay -

Username: un_rank
BTC SegWit Address: bc1qcj739rwkf6lx3e94kc7uswxzvwks6y7mt3pgss

- Jay -

Username: un_rank
BTC SegWit Address: bc1qcj739rwkf6lx3e94kc7uswxzvwks6y7mt3pgss

- Jay -

Altcointalks username: un_rank
BTC Segwit address: bc1qcj739rwkf6lx3e94kc7uswxzvwks6y7mt3pgss

- Jay -

The Asian cup kicks off today. This is a thread to make your tournament predictions and discuss the tournament as it unfolds from wherever you are in the world.

- Jay -