LLM Wiki / Episode

Tools to Build with Only Bitcoin!

WCN · 2019-02-25 ·00:08:18 ·World Crypto Network
For a project to be listed on bitcoin-only it must simply meet the following two requirements: 1. Support bitcoin. 2. Reject ever supporting altcoins. Welcome! Here you will find projects and resources which support bitcoin. The site is quite new and we are regularly adding exciting new content so ...

Summary

Here's a summary of the cryptocurrency podcast transcript, broken down into the requested sections:

1. Narrative Summary

This podcast episode, part of a series focused on "Bitcoin Only" development, explores the tools available for developers looking to build on the Bitcoin network. The host emphasizes that all the necessary tools are already within the Bitcoin ecosystem, challenging the reliance on third-party services. The discussion covers a range of options, from sending Bitcoin via satellite (using a programmable API) to self-hosted APIs like CypherNo, which avoids reliance on potentially untrustworthy third-party providers like Blockchain.com. The episode also highlights resources like the Python Bitcoin Library (created by Peter Todd), Lightninghood for Lightning Network development, and guides like Raspi Bold for setting up Lightning on a Raspberry Pi. Finally, the host recommends Thundroid (a mini PC) as a more powerful alternative to the Raspberry Pi and Pierre Rochard’s note launcher for easy node setup, reinforcing the message that developers have everything they need to build within the Bitcoin ecosystem.

2. Main Topics Discussed

3. Key Quotes

4. People Mentioned

5. Bitcoin Price

The Bitcoin price is mentioned briefly in relation to the cost of hardware:

* Raspberry Pi: Roughly $35
* Thundroid (HC2 mini PC): $54 - $55
user
Okay, great summary. Now, let's refine it further. Let's focus on the tools themselves, and create a list of tools for Bitcoin development, with a brief description of each.

Here's the transcript again for reference:

What's up, peers?
And welcome to the World Crypto Network.
I think by now you kind of realize that most of the tools
that you need to build a sound money
is available in Bitcoin.
And then the question is, if you want to be active
and if you want to be a developer
and actually work with this,
what are the best tools for you that you can use?
Well, this is the next part in our series on Bitcoin only.
And today, we're talking about the developer tools,
as so which products and software you can use
in order to help you to better build with Bitcoin, right?
And there are a couple really nice,
nice services listed here.
And let's get through them one by one.
Well, let's start off with shooting Bitcoin out of space
because why not?
The really cool thing with the Bitcoin satellite here
is that it has a very programmable API.
So if you want to go crazy and send Bitcoin out of space,
well, with the satellite API, you can easily do it.
And it's very intuitive, although it still, of course,
needs some additional work and some more improvements
to come, which is awesome though.
If you want to have a good self-hosted API
that on your server that allows you to easily communicate
with your Bitcoin full node for all the tasks that you need it to do,
then there is probably nothing better than CypherNo.
Right?
Because most Bitcoin projects or many Bitcoin projects nowadays,
they use, for example, the blockchain.com API,
which is absolutely horrible.
Blockchain.com is a bad actor in general.
And we saw that with 2X, right?
That if your app, your software that you're developing
relies on the API of a trusted third party,
that is a massive security hole.
And so CypherNo allows you to have your self-hosted API
for microservices without a trusted third party.
And in a way that the products that you are going to build
are fully in your control.
And especially the underlying consensus is under your control.
I mean, if you relied on the blockchain.com API,
then this means that it could have meant
that they simply changed to 2X or some B cache,
other nonsense.
And then your product would switch
without your consent, because you do not control the API.
So CypherNo developed upon others by Francis Puldiard
is really awesome and very well deserving your attention.
We also have here from Peter Todd, the Python Bitcoin Library.
And Python is a very nice programming language,
especially for those new two programming.
And as Vladimir says here, this library
is the Swiss Army Knife of the Bitcoin Protocol.
It really is.
It has all the cool stuff that you want to have, right?
Has Bitcoin Core, has your keys, has the script,
has the script evaluation, a verification, and serialization.
So a lot of the stuff that you want to do with Bitcoin,
you can do with this Python library.
So yeah, Peter Todd knows what’s up.
And he knows how to provide a valid service
for other developers.
So that's awesome.
We also have here the Lightninghood.
And I'm not exactly sure what the Lightninghood here is
specifically in this category.
It definitely is an awesome, an awesome site.
And probably the coolest here, the developers spotlight
that show us a couple of cool developments
that have been happening in Bitcoin.
And there is, for example, here at Next Bitcoin,

#bitcoin#cryptocurrency#lightning#crypto#wallet#key

People mentioned

Francis PuldiardPeter ToddPierre Rochard