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docs: add seminar 24 discussion questions and reference material (#83)
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---
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layout: post
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type: socratic
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title: "Socratic Seminar #24"
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---
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## Location
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The event will be hosted at **Jenga Leo**:
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`T Floor (Kilimanjaro room)` WESTPARK TOWERS | Mpesi Ln, Nairobi | [Map](https://maps.app.goo.gl/jA86RuyuBKcE4eA47)
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## Announcements
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Join us on our Bitcoin [Socratic Seminar](/about) `#24`.
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This is a special **Bitcoin 101** session — an introduction to the Bitcoin stack for newcomers and a refresher for everyone else. A special thank you to our sponsor [Btrust](http://btrust.tech/) for food and refreshments.
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## Reminders
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- We prefer no photos and no videos during the event
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- [Chatham House Rule](https://www.chathamhouse.org/about-us/chatham-house-rule)
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- Leave the meeting space as clean as you found it
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## Topics
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### Bitcoin Fundamentals
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---
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- [But how does bitcoin actually work? (3Blue1Brown)](https://www.youtube.com/watch?v=bBC-nXj3Ng4)
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- Visual explanation of cryptographic primitives, hashing, and proof-of-work
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- [Bitcoin Whitepaper](https://bitcoin.org/bitcoin.pdf)
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- The 9-page paper that started it all — worth revisiting
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- [Learn Me a Bitcoin](https://learnmeabitcoin.com/)
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- Interactive guide covering transactions, blocks, and the UTXO model
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- [Mastering Bitcoin (Open Edition)](https://github.com/bitcoinbook/bitcoinbook)
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- Chapters 1-4 for foundational concepts
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**Discussion:**
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- What problem does Bitcoin solve that couldn't be solved before 2009?
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- Why does Bitcoin need proof-of-work? What are the tradeoffs?
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- How do you explain Bitcoin to someone with zero technical background?
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### Lightning Network
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---
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- [Lightning Network Explained (Whiteboard Series)](https://www.youtube.com/watch?v=rrr_zPmEiME)
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- Visual walkthrough of payment channels and HTLCs
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- [Understanding the Lightning Network (Bitcoin Magazine)](https://bitcoinmagazine.com/technical/understanding-the-lightning-network-part-building-a-bidirectional-payment-channel-1464710791)
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- Part 1 of a multi-part series on payment channels
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- [Lightning Network Specification (BOLTs)](https://github.com/lightning/bolts)
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- The technical specs — skim the README for an overview
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- [Amboss Space](https://amboss.space/)
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- Explore the Lightning network graph and node statistics
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- [Stacker News](https://stacker.news/)
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- Lightning-native forum — experience micropayments firsthand
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**Discussion:**
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- What limitations of on-chain Bitcoin does Lightning address?
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- What are the tradeoffs of using Lightning vs on-chain transactions?
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- Why do Lightning channels require both parties to be online? What happens if one party disappears?
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### Ecash: Fedimint & Cashu
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---
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- [What is Ecash? (Calle's Explainer)](https://cashu.space/)
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- Introduction to Chaumian ecash and blind signatures
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- [Fedimint Documentation](https://fedimint.org/docs/intro)
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- Overview of federated custody and community mints
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- [Cashu Protocol](https://docs.cashu.space/)
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- Spec for the simpler, single-custodian ecash implementation
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- [Why Ecash Matters (Video)](https://www.youtube.com/watch?v=VwMzNE1D3so)
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- Privacy benefits and use cases for ecash
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- [Fedi App](https://www.fedi.xyz/)
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- Real-world Fedimint implementation for communities
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**Discussion:**
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- What privacy guarantees does ecash provide that Lightning doesn't?
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- What are the trust assumptions when using a Fedimint vs a Cashu mint?
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- How might ecash help with Bitcoin adoption in communities with limited connectivity?
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- What's the difference between custodial Lightning (e.g., Wallet of Satoshi) and ecash custody?
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### Putting It All Together
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---
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- [Bitcoin Layers Explained](https://river.com/learn/what-are-bitcoin-layers/)
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- How base layer, Lightning, and ecash complement each other
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- [The Bitcoin Stack (Diagram)](https://stacker.news/items/165256)
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- Visual representation of Bitcoin's layered architecture
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**Discussion:**
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- When would you use on-chain Bitcoin vs Lightning vs ecash?
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- How do these layers work together to make Bitcoin usable for different purposes?
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- What excites you most about where Bitcoin development is headed?
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### What's next?
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---
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- [Btrust Builders Pathways](https://pathways.btrust.tech/)
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- [bitcoin++ open source edition](https://btcplusplus.dev/conf/nairobi)
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### Submit suggestions for next meeting
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Issues on Github: https://github.com/BitDevsNBO/bitdevsnbo.org/issues

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