
EPISODE
IT & Telecom the Backbone of the Bitcoin Network
IT & Telecom the Backbone of the Bitcoin Network In this episode Jon talks with IT expert @SalGood HODL about the backbone of the Bitcoin network, the global telecommunications network. Jon and Sal cover the history of telecommunications and information technology and its journey from telegraph to the infinitesimally complicated network of fiber, copper/aluminum, and satellites that comprise the internet. They discuss the organizations the govern or run the internet like: ICANN (Internet Corporation for Assigned Names and Numbers) a non-profit based in California, IANA (Internet Assigned Numbers Authority) run/owned by ICANN who are responsible for allocation of IP addresses and Autonomous System Numbers, root domain name system and top-level domains. Jon & Sal describe the Regional Internet Registry. They are the 5 regional organizations around the globe that facilitate the allocation of IP addresses and ASNs to local registries and ISPs. RIRs are independent of ICANN and supervised/guided by the Number Resource Organization, which is an unincorporated international organization. The 3-Tier ISP system is covered by Sal. The 3-Tier ISP system consists of Tier I — backbone providers who own/operate high speed/bandwidth, multi-continent networks, transoceanic cabling and do not pay or charge data transit fees with their like-peers. Tier 2 — Typically regional/national ISPs pay for transit and peering with tier I and tier 2 providers, customers are typically large organizations and tier 3 ISPs. Tier 3 — Primarily engaged in providing Internet access to consumers and businesses in localized areas, they pay access and transit from tier 2 providers. IPv4 address space are described. An IPV4 looks like AAA.BBB.CCC.DDD where each block can be a number between 0-255 there are 232 total addresses, roughly 4.2 billion addresses. Nearly 600 million are reserved, so about 3.7 billion usable on the Internet and nearly 100% are already allocated globally. The IPv6 address space looks very complex. It uses hexadecimal notation 0-9+A-F, blocks of zeros can be omitted 2 28 total addresses. If you assumed each star had 10 planets, each galaxy had 100 billion stars, and the universe had 100 billion galaxies, there would be roughly 3.4 quadrillion (1000 trillion's) IPv6 addresses for each planet. What makes the Internet? Layers like in a cake or maybe the Taco Bell 7-Layer Burrito. l . TCP/IP Model — Less complex than OSI l. Network Connection Layer 2, Internet Layer 3. Transport Layer 4, Application Layer 2. OSI Model — 7 layers, breaks TCP/IP layers into more parts l. Network Connection Layer —+ Physical layer and Data Link Layer Internet Layer —9 Network Layer Transport Layer —+ Transport, Session and Presentation Layers 4, Application Layer —+ Application Layer Sal describes how systems and applications communicate by laying out the Application Layer Protocols. Like spoken languages, these protocols have grammar rules; a vocabulary that create standards to convey meaning between parties. Different protocols are optimized for purpose specific communications. Bitcoin is protocol optimized for secure communication of value between parties. Show guest twitter - @SalGoodHODL twitter - @JonPDiGiacomo twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com As always please feel free to reach out and ask me any questions. Today you can exchange $1 for 4785 Sats (Sale ends soon.) Thank you Foundation Devices for sponsoring the show. Use code BITBUYBIT at check out for $10 off your purchase
Sep 12 2022 • 1hr 17m

EPISODE
IT & Telecom the Backbone of the Bitcoin Network
IT & Telecom the Backbone of the Bitcoin Network In this episode Jon talks with IT expert @SalGood HODL about the backbone of the Bitcoin network, the global telecommunications network. Jon and Sal cover the history of telecommunications and information technology and its journey from telegraph to the infinitesimally complicated network of fiber, copper/aluminum, and satellites that comprise the internet. They discuss the organizations the govern or run the internet like: ICANN (Internet Corporation for Assigned Names and Numbers) a non-profit based in California, IANA (Internet Assigned Numbers Authority) run/owned by ICANN who are responsible for allocation of IP addresses and Autonomous System Numbers, root domain name system and top-level domains. Jon & Sal describe the Regional Internet Registry. They are the 5 regional organizations around the globe that facilitate the allocation of IP addresses and ASNs to local registries and ISPs. RIRs are independent of ICANN and supervised/guided by the Number Resource Organization, which is an unincorporated international organization. The 3-Tier ISP system is covered by Sal. The 3-Tier ISP system consists of Tier I — backbone providers who own/operate high speed/bandwidth, multi-continent networks, transoceanic cabling and do not pay or charge data transit fees with their like-peers. Tier 2 — Typically regional/national ISPs pay for transit and peering with tier I and tier 2 providers, customers are typically large organizations and tier 3 ISPs. Tier 3 — Primarily engaged in providing Internet access to consumers and businesses in localized areas, they pay access and transit from tier 2 providers. IPv4 address space are described. An IPV4 looks like AAA.BBB.CCC.DDD where each block can be a number between 0-255 there are 232 total addresses, roughly 4.2 billion addresses. Nearly 600 million are reserved, so about 3.7 billion usable on the Internet and nearly 100% are already allocated globally. The IPv6 address space looks very complex. It uses hexadecimal notation 0-9+A-F, blocks of zeros can be omitted 2 28 total addresses. If you assumed each star had 10 planets, each galaxy had 100 billion stars, and the universe had 100 billion galaxies, there would be roughly 3.4 quadrillion (1000 trillion's) IPv6 addresses for each planet. What makes the Internet? Layers like in a cake or maybe the Taco Bell 7-Layer Burrito. l . TCP/IP Model — Less complex than OSI l. Network Connection Layer 2, Internet Layer 3. Transport Layer 4, Application Layer 2. OSI Model — 7 layers, breaks TCP/IP layers into more parts l. Network Connection Layer —+ Physical layer and Data Link Layer Internet Layer —9 Network Layer Transport Layer —+ Transport, Session and Presentation Layers 4, Application Layer —+ Application Layer Sal describes how systems and applications communicate by laying out the Application Layer Protocols. Like spoken languages, these protocols have grammar rules; a vocabulary that create standards to convey meaning between parties. Different protocols are optimized for purpose specific communications. Bitcoin is protocol optimized for secure communication of value between parties. Show guest twitter - @SalGoodHODL twitter - @JonPDiGiacomo twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com As always please feel free to reach out and ask me any questions. Today you can exchange $1 for 4785 Sats (Sale ends soon.) Thank you Foundation Devices for sponsoring the show. Use code BITBUYBIT at check out for $10 off your purchase
Sep 12 2022 • 1hr 17m

EPISODE
SLP411 K3tan Why Raspberry Pi Bitcoin Nodes Are Bad
My longtime friend, K3tan rejoins me on the show to chat about various things but importantly, we chat about why Raspberry Pi Bitcoin Nodes are bad. We chat:
Reliability & Performance of Raspberry Pi’s vs other options
What you can use instead
Cost
Bitcoin node packages
Electrum server comparison
HDD & SSD requirements
Separating bitcoin from non-bitcoin apps
Self-hosting
Links:
Twitter: @_k3tan
Ministry of Nodes Nodebox guide: Ubuntu Node Box Guide 2022 Edition
Ministry of Nodes Consulting
Article: My Home Lab
Craig Raw’s blog post on electrum server performance
Prior episode: SLP315 k3tan – Networking For Bitcoiners
Sponsors:
Swan Bitcoin
Mempool.space
Bitbo
Braiins.com
Unchained Capital (code LIVERA)
CoinKite.com(code LIVERA)
Stephan Livera links:
Follow me on Twitter @stephanlivera
Subscribe to the podcast
Patreon @stephanlivera
Sep 9 2022 • 51m

EPISODE
#HashTheTorch
#HashTheTorch My first foray into mining was sometime in late 2011/2012. At that time Bitcoin Core had mining functionality and mining on a PC was relatively simple. I didn’t take the time to truly understand Bitcoin then. Me being an intensely paranoid individual was distrusting of this software using my computer’s GPU to solve an algorithm, didn’t read the white paper and didn’t join any chat rooms or social networks to connect with others involved in Bitcoin. I regrettably uninstalled the software not to return to Bitcoin until 2017 and not to mine again until 2019, couldn’t even tell you if I am responsible for some orphaned Bitcoin. In those 8 years we had 3 kids but let something like 450,000 block slip past me. That’s okay, I don’t cry myself to sleep every night because of regret, anymore. I have a nice mining setup now and I don’t consider it healthy the live a life of regret. I can reflect though. Perhaps I should have joined one of those Bitcoin Nerd channels. I never had social media before Twitter, maybe I should’ve or at the very least done my research. So, what’s my point here? As the poet, John Donne wrote, “No Man is an Island, Entire of Itself. Every man is a piece of the continent. A part of the main.” And although I don’t live my life regretting past decisions, I can learn from them. It wasn’t until I left that island or at least connected it to the main, that I learned the true nature of Bitcoin and its unique properties. It wasn’t until I began to research and read articles written by so many hard-working Plebs who were willing to pass on the torch of knowledge to others that I finally understood this technology we revere. And it wasn’t until further study that I realized my place within it, was mining. By then the S9 was a couple of years old and it wasn’t difficult to find one. I learned a lot over the next couple of years about mining. I quite enjoyed the experience and by 2021 I had 6 S9s running in my garage. Like many at that time, I saw the China exodus as a good time to upgrade my setup. I acquired 5 s19 and am now up to 6. Now what to do with those S9s I had laying around? I suppose I could have sold them, but I was busy tinkering with my home heating projects and working… and of course, numbing my mind by bullshitting with all of you on Twitter. I decided I’m going to give some machines away. I gave 2 S9s to my partner at work. I have been orange pilling him for years and HE thought it would be fun to dip his toes into mining, the heat reuse case was a big draw for him. The joy I felt when he showed me his mining setup was exciting. It was the perfect situation for him, a mechanic and a farmer, mining suited his skill set. I later sent a machine to a friend in Texas that was at risk of losing his job over vax mandates and I thought maybe the machine could help him out. That’s about the time I became more vocal on Twitter and the Telegram groups… and began answering simple home-mining questions. I prefer to just communicate on DM’s regarding mining rather than wade through the string of backlogged Telegram messages. In discussions with Plebs, I always felt myself saying, “well I’ll send you an S9 and you can mess around with it and find out if you like home mining or have an interest in it.” “Then once you learn you can send it back or because shipping is so much just hand it off to someone else.” I’m not unique in this, I’ve seen the generosity in the mining community, truly some of the best people are in mining, especially Pleb Miners. I had the idea to call it HashTheTorch, seemed like a fun name for what everyone was doing. I gave another S9 away to a buddy of mine who is a machinist and was helping me out with my immersion project. This HashingTheTorch is fun. I saw Barnminer making strides in the same direction as well with his S9 lending program at local meetups, which certainly solves the shipping dilemma. It kind of all hit me at that point, The No Man is an Island concept, the connected decentralized network concept, the Plebs helping Plebs idea. Don’t let someone just up and quit on Bitcoin without understanding it as I did in over a decade ago. HashTheTorch of knowledge, HashTheTorch are these machines that don’t mean much to us beyond being able to offload them for a few bucks, or holding for whatever reason. When Max and I came up with the idea of PlebMinerMonth it was just supposed to be a few pods with cool Pleb miners, a few Bitesize Bitcoins, and FUD Busters, and a couple of articles to give Plebs another resource to get into mining. It quickly morphed into what it is today and is developing a life of its own. One of the biggest surprises, (though I shouldn’t be surprised given the quality of Plebs in the mining community) was the outpouring of support from other miners who too wanted to pass the torch. We’re early in the first iteration of PlebMinerMonth and we already have 10 machines to give away. So many miners are offering not only HashTheTorch of unused or underused machines, but offering much of their time to produce content, write articles, or do interviews. So many in this space whether they call it HashTheTorch, or S9 lending program, or whatever is willing to dedicate part of themselves to this overall movement. To ensure that Plebs don’t feel like they’re on an island, that those blocks are just as much at play for a small time Pleb as they are for large institutional miners. That whatever regret they had in their mining journey doesn’t have to be a regret for someone new to it. They know if they HashTheTorch that they may be giving a machine to the next Schnitzel, TechEngineer, or CoinHeated. They could be kicking off the mining innovation journey of the next EconoAlchemist, Diverter, or HODL Tarantula. And who knows what innovations and rabbit holes those new miners will discover? So I’m putting out the bat signal Pleb miners. Go to a meetup with your old machines. Orange pill that mechanic or machinist buddy or yours. Unload that knowledge you have in your dome and teach your kids and grandkids the value of decentralizing the network through Pleb Mining. HashTheTorch Plebs. And the To all of the Pleb Miner month winners of the donated old gen miners. Lean on that machine, experiment with different settings, firmware, and pool. Find uses for the waste heat or perhaps find alternative sources of energy run your machine. And then do as the PlebMiner that gifted you that ASIC…. And…HashTheTorch If you have any questions please reach out. Also make sure to follow on twitter and check out everything we are doing for #plebminermonth Show guest twitter - @JonPDiGiacomo twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com As always please feel free to reach out and ask me any questions. Today you can exchange $1 for 4680 Sats (Sale ends soon.) Thank you Foundation Devices for sponsoring the show. Use code BITBUYBIT at check out for $10 off your purchase
Sep 11 2022 • 8m 51s