Rene Pickhardt

Mathematician &amp; Computer Scientist interested in the Lightning Network to have a real payment system for Bitcoin and a real Internet currency. I try to make as much educational content and open source software around this topic as possible. However I also need to pay my bills. The more support I get the more I can focus on educating people about Bitcoins Lightning Network. This shall in turn help to spread adoption of this amazing technology.  As you can see from my picture with the bitcoin roller coaster I do not intend to stop doing what I do before we have officially reached the moooooon (: In order to do this I want to create the first book about the Lightning Network in an open source fashion and I would love to have your support for my book project and my future videos! The tiers and perks have to be refined in the future. In any case you can also look at my <a href="https://tallyco.in/s/lnbook/" target="_blank">tallycoin fundraiser for the book</a> where I accept Bitcoin and payments over the Lightning Network.

Free

Realizing that about 1/10th of the world population live on less than 1 dollar per day asking for 1 dollar per day is probably already excluding half of the world population.

base support

Remember there are 10 kind of people those who understand binary and those who don't (:

10 kind of people

Even though this is a heavy spread phenomenon in nature most people can't handle exponential growth or decline. Thinking in logarithms seems to be most difficult. That is why I decided to make exponentially growing tiers. In particular with base 2 you can encode any amount that you wish by selecting each tier at most once.

inverse block reward halving club

Did you know that a rotated 8 resembles the infinity sign? ∞

lim_{x-->8} 1/(x-8) = ∞

you must have heard about hex numbers. 4 bits already yield 16 possibilities to encode information (:

0123456789ABCDEF

 lnbcrt320p1pwq4xy4pp5ezdk5l4p9atrje9phwqpaa9epg5gj04yzdtayglquq9jhkk6wzaqdr609hh2grhd9kxcgrzv5sxjmnkd9m8getyyp6x7grd0ys8getvv4nhyctdypnhymm4wqsxzmnyypuk7afqvdskugryd9ekxatnwvs8v6tyv4hhxgrhd96xsgrdv5cqp2dh93uvzhh82uq702xjh0q0n7mhrtxjyrwjpd52j3yrkzdcyjm4a5zlhh0hj2ymd3f6ztumvcc5hcf2rjjh80tecsjyqhvpyya6hj3gcq2s23pf

Bech32 - segwit address format - BIP 173

Speculated justifications for the unintuitive value "21 million" are that it matches a 4-year reward halving schedule; or the ultimate total number of Satoshis that will be mined is close to the maximum capacity of a 64-bit floating point number

We are all Satoshi

Bitcoin is anyway built to 128-bit security because 256-bit ECDSA is used, which also offers 128-bit security. If some people chose this tier I will also start to feel some financial security. 

Bitcoin Security.

A core concept for bitcoin to work are hashes and in particular SHA256 which is used to construct the Merkeltree in bitcoin mining. A patreon at this tier would really be the equivalent of ASIC boosting for my educational activities.

ASIC BOOSting SHA256 mining

Production of a professional Web Video is about that price range (if getting a reasonably cheap price) 

Cost of one Video

This tier is beyond words. Well maybe not. I will do a monthly one hour private web call with you in which you can ask me anything I know about the lightning network and bitcoin.

Recent posts by Rene Pickhardt