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- This Week in Bitcoin (December 3rd, 2022)
This Week in Bitcoin (December 3rd, 2022)
What is up you beautiful people!
Lets jump into the latest in Bitcoin! But first. Shoutout to The Stacks Foundation for sponsoring this podcast. If you want to get started building on Stacks and push the mission forward of a user-owned internet with Bitcoin as the base layer. Check the links below. Learn Clarity: https://start.stacks.org/ Learn more about Stacks: https://stacks.co/ Apply for a grant: https://stacks.org/grants
Now lets jump in and get updated on the latest. Starting with Bitcoin mainchain.Catch the podcast on YouTube, Apple, Spotify, or Fountain.
Bitcoin
Oh shiiiiii! Stripe has entered the crypto payments game.
Stripe is one of the largest payment processors on the internet. They are the backbone of so many applications you we use daily, including Shopify stores. Stripe just announced a fiat-to-crypto onramp service. Similiar to services like MoonPay where you can buy crypto directly inside a software wallet using your credit card. Stripe now has an API and widget that lets you do the same thing, with all the trust and network effects that Stripe brings to the table. Very bullish for the future of Bitcoin. Read the full announcement here.
Bitcoin processed its 785,000,000th transaction. Sam-Bankman Fraud is a piece-of-s&%t, but Bitcoin keeps on chugging along regardless.
Stacks
Stacks frens were largely quiet this week
Voting for a couple big proposals continue. The Stacks 2.1 upgrades is ongoing, as well as the vote to change the emissions schedule for DeFi platform ALEX.
The Stacks Ventures Accelerator applications are open for two more weeks. If you are building something on Bitcoin, Stacks, or Lightning. You should apply.
Lightning
Lightning is fast and cheap, now lets make it dead simple.
A group of developers and researchers have started a working group solely focused on privacy on the Lightning network. Check out Lightningprivacy.com
Voltage put out a roadmap of what they are working on over the next year. If you don't follow Voltage, They are one of the biggest providers of tooling for operators of Lightning nodes. The goal is to be a complete solution for everything you need to run a reliable and profitable Lightning Node. Check out the tweet thread here on the tools you can expect soon.
The Lightning Address standard is gaining momentum. This open standard lets you connect a Lightning address you own to a human-readable URL from a service you use. So you can create a LN address that says [email protected] for example, and any wallet or application using the standard would be able to decode the address and send you your Lightning BTC. Theres now about 20 applications who use the standard, and growing.
Kollider is building out an exchange and wallet fully powered by Lightning. This week they also announced a synthetic stablecoin powered by Lightning transactions. Very interesting stuff going on at Kollider. Get on the waitlist to be in the front row.
RSK
More core infrastructure coming online.
The Rootstock ecosystem now has a partnership with Redstone for provide on-chain data directly into applications. These are essential to power good price data and feed into any oracle system you might create. DLC's require a good data source to act on, Redstone is one of the leaders in this space.
Blockstream
Core Lightning gets updated
Core Lightning got a new release to version 22.11. This brings a new command to install and uninstall plugins with a single command, as well as performance/speed upgrades.
Blockstream is raising the price of its Jade hardware wallet from $49.99 to $64.99. Still one of the best deals for a secure hardware wallet if you only need to secure on-chain BTC or Liquid assets.
Fountain is the best podcast player out there for the crypto native.Created with Lighting integrated beautifully throughout the app.Learn How to Stack Sats on Fountain.
