Is this man Satoshi Nakamoto?

GM. Today on Money Printer Go Brrr newsletter:

  • ​​Farcaster sees 400% increase in daily active users amid ‘frames’ frenzy

  • This Man Takes Stand Today To Prove He Is the Creator of Bitcoin

  • Cardano founder Charles Hoskinson critiques Bitcoin L2, sparks crypto debate

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Farcaster sees 400% increase in daily active users amid ‘frames’ frenzy

Farcaster's daily active users increased by 400% due to the introduction of Frames in Warpcast.

What is Farcaster

⇾ a popular decentralized social networking platform;
⇾ you have complete control over your data and interactions (they say);
⇾ it looks like X (Twitter);
⇾ uses Ethereum chain;
⇾ co-founded by ex-Coinbase engineers 💗;

What’s the update about?

💡 Frames turned Warpcast into a digital Swiss knife, letting folks do a truckload of stuff without bailing out of the app 🔥:

  1. Mint NFTs

  2. Claim tokens

  3. Make transactions

  4. Read external blog posts

  5. Answer surveys


Just picture it: 📷 one minute you're scrolling, the next you're hopping through digital hoops without skipping a beat.

Some numbers

⇾ 125,100 users
⇾ 30,000 post per day
⇾ 102,000 reactions per day

✊ Data is entirely public and accessible without restrictions, allowing anyone to view it without needing a Farcaster account.

On top of that: Frames come with a no-wallet-drain guarantee, making them safer than a stuffed toy in a kiddie pool.

This Man Takes Stand Today To Prove He Is the Creator of Bitcoin

Imagine someone claiming to be the mysterious artist behind a world-famous painting, but never showing any sketches or proof.

Craig Wright is in the UK High Court to prove he's Bitcoin's creator, Satoshi Nakamoto. 😀

He says he's the creator, but the art world, or in this case, the crypto community, is skeptical

💡  Individuals have been speculated or claimed to be Bitcoin's creator

  1. Nick Szabo, known for his work on smart contracts; 

  2. Dorian Nakamoto, who was mistakenly identified; 

  3. Hal Finney, an early Bitcoin contributor; 

  4. Wei Dai, known for B-money;

  5.  Adam Back, creator of Hashcash; 

  6. Craig Wright, who has made direct claims;

  7. Vili Lehdonvirta, a researcher in digital economies

Each of these individuals has either denied being Nakamoto or their claims have been met with skepticism

COPA

The Crypto Open Patent Alliance has one mission: to diminish the impact of patents and legal disputes on the cryptocurrency industry.

But get this: on January 24th, Wright tried to slide COPA a peace deal, kind of like saying "Let's not fight?".

But COPA was like "Nope!" and spilled the beans about it on X (you know, the app we used to call Twitter).

But, what does ChatGPT have to say about this? 😀 – Yes, people have asked the most famous AI who’s the real creator.

🥇 Our trusty chatbot has put on its statistical thinking cap and crowned Nick Szabo as the top contender, with Hal Finney and Craig Wright following closely behind.

💡 Remember, in the wild world of crypto, it's always show, not tell.

Cardano founder Charles Hoskinson critiques Bitcoin L2, sparks crypto debate

So, Charles Hoskinson's throwing a little crypto shade, saying Bitcoin's L2 game isn't quite up to par with the cool kids, Ethereum and Cardano. 🥷

At the Satoshi Round Table conference in Dubai, he spills the tea on why he thinks Bitcoin's a bit of a snail.

Hoskinson points to Cardano's shiny new toys like Plutus V3 and its cool sidekicks, Mithril and Hydra, as the stuff of legends.

💡 Cardano Plutus V3 

⇾ more complex dApps
⇾ leverages open-source contributions
⇾ transactions can carry custom data & conditions
⇾ merges on-chain and off-chain code (uses one language for both)
⇾ simplifies interactions between web browsers and the blockchain

Now, let’s talk a bit about Mithril and Hydra.

  1. Mithril is a Layer2 solution – a magical way to make blockchain data light as a breeze so even your old smartphone can chat with the Cardano network without breaking a sweat;

  1. Hydra, besides being a multi-headed beast, is also a Layer2 solution, with each head solving crypto puzzles at lightning speed.

Hydra splits up the heavy lifting of blockchain transactions across multiple heads, making everything faster than a squirrel on espresso.

Of course, as this is somehow a battle 🤺 proposed by ninja Charles Hoskinson, we shall share some Bitcoin L2 developments.

Notable Bitcoin L2 projects

  1. Lightning Network (2018) – TVL: $214 million+ 

  2. Stacks (2020) – TVL: $44.5 million+

  3. Rootstock Infrastructure Framework (2018) – TVL: $117 million+

  4. Liquid Network (2018) – TVL: $130 million+ 

Rollups are the latest addition to this toolkit, promising to bundle up transactions and streamline the process even further. 

👉 Each Layer 2 solution brings its own flavor to the table, enhancing Bitcoin's utility and making it a more efficient, more accessible platform for the digital age.

As we look to the future, these Layer 2 solutions are not just optional extras but essential upgrades that will keep Bitcoin running smoothly, no matter how busy the network gets.

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