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            <title><![CDATA[The BDC Revamped The Bitcoin Design Guide With A Focus On The Lightning Network]]></title>
            <link>https://paragraph.com/@richard-4/the-bdc-revamped-the-bitcoin-design-guide-with-a-focus-on-the-lightning-network</link>
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            <pubDate>Sun, 13 Feb 2022 09:41:38 GMT</pubDate>
            <description><![CDATA[A new and improved Bitcoin Design Guide! The Bitcoin Design Community can’t stop, won’t stop. The V2 of the already phenomenal “Design Guide covers the Lightning Network. And promises to help “design better Lightning products faster with our free and open-source community-made handbook.” The BDC keeps adding value to the Bitcoin network and making the software developer’s job easier. In a statement sent to Bitcoin Magazine, the community presented the changes in the new version of the Bitcoin...]]></description>
            <content:encoded><![CDATA[<p>A new and improved <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoin.design/guide/">Bitcoin Design Guide</a>! The Bitcoin Design Community can’t stop, won’t stop. The V2 of the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/bitcoin_design/status/1491453384708464640">already phenomenal “Design Guide </a>covers the Lightning Network. And promises to help “design better Lightning products faster with our free and open-source community-made handbook.” The BDC keeps adding value to the Bitcoin network and making the software developer’s job easier.</p><p>In <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoinmagazine.com/business/bitcoin-design-guide-v2-launches-with-focus-on-lightning">a statement sent to Bitcoin Magazine</a>, the community presented the changes in the new version of the Bitcoin Desing Guide by saying:</p><blockquote><p><em>“Most users may begin their bitcoin journey with a Lightning wallet in the future. Lightning will cater to this majority with faster settlement speed, lower fees, and more user-friendly payment formats than on-chain. Version 2 of the Guide focuses on building these types of non-custodial Lightning products that people will come to rely on in the future.”</em></p></blockquote><blockquote><p><em>Why the focus on Lightning? It&apos;s simple: as bitcoin usage grows, many users&apos; first wallet experience will be on Lightning. </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://t.co/uNt6McKXwH"><em>pic.twitter.com/uNt6McKXwH</em></a></p><p><em>— Bitcoin Design Community (@bitcoin_design) </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/bitcoin_design/status/1491453401900929024?ref_src=twsrc%5Etfw"><em>February 9, 2022</em></a></p></blockquote><p>But that’s enough PR, let’s go to the actual content.</p><h2 id="h-whats-new-in-the-bitcoin-design-guide-v2" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">What’s New In The Bitcoin Design Guide V2?</h2><ul><li><p>An updated <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoin.design/guide/getting-started/technology-primer/">Technology Primer</a> to learn basic concepts.</p></li><li><p>An <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoin.design/guide/onboarding/first-use/">updated onboarding section</a> to learn about setups and backups.</p></li><li><p>An overhauled <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoin.design/guide/payments/">payments section</a>.</p></li><li><p>Privacy and security in the Lightning Network: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoin.design/guide/onboarding/backing-up-a-wallet/">Backups</a>; <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoin.design/guide/onboarding/protecting-a-wallet/">Protecting funds</a>; and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoin.design/guide/payments/privacy/">Privacy</a>.</p></li><li><p>The Bitcoin Design Guide is a work in progress and the BDC <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/bitcoin_design/status/1491453384708464640">invites you to help</a>.</p></li></ul><blockquote><p><em>Privacy and security are some of the most important considerations around bitcoin. Lightning introduces new challenges, which we discuss in multiple pages. Backups: </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://t.co/yaisGsIXAx"><em>https://t.co/yaisGsIXAx</em></a><em> Protecting funds: </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://t.co/uCmxa5gvO8"><em>https://t.co/uCmxa5gvO8</em></a><em> Privacy: ️&lt;</em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://t.co/haE9DfLE2M"><em>https://t.co/haE9DfLE2M</em></a><em> ](</em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://t.co/haE9DfLE2M)%5Bpic.twitter.com/b6r7r6B1t7%5D(https://t.co/b6r7r6B1t7)"><em>https://t.co/haE9DfLE2M)[pic.twitter.com/b6r7r6B1t7](https://t.co/b6r7r6B1t7)</em></a></p><p><em>— Bitcoin Design Community (@bitcoin_design) </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/bitcoin_design/status/1491453423908458498?ref_src=twsrc%5Etfw"><em>February 9, 2022</em></a></p></blockquote><p>The guide describes the Lightning Network as “a network of payment channels. Lightning nodes allow you to have multiple channels with different parties to route payments through. This new network forms a second layer on top of bitcoin and has some privacy benefits too since payments are not individually recorded on the blockchain.” </p><h2 id="h-what-can-you-tell-us-about-the-original-guide" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">What Can You Tell Us About The Original Guide?</h2><p>When <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoinist.com/do-you-want-to-design-bitcoin-related-products-start-here/">Bitcoinist presented the first version of the Bitcoin Design Guide</a>, we said:</p><blockquote><p><em>“This is where the Bitcoin ethos really shines. These people produced a world-class product that fulfills a real-life need and released it for free. By doing it that way, the guide will improve countless non-custodial products and projects, raising the whole ecosystem’s level with just a nifty bit of sleight of hand.”</em></p></blockquote><p>And we cleared up the limits of the project and its scope:</p><blockquote><p><em>“The guide is still evolving, this is just the first public version. The intro makes the scope clear:</em></p><p><em>“Bitcoin’s use cases are as vast as its user base, building Bitcoin applications can be complicated.</em></p><p><em>We designed this guide to help anyone navigate those complexities—regardless of where they live or work. We can’t imagine every possible use case, but we can help you build for them.”</em></p><h2 id="h-fusion-with-the-lightning-development-kit" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Fusion With The Lightning Development Kit</h2><p>The Bitcoin Design Community is sponsored by Spiral BTC. And Spiral’s first offering to the world is The Lightning Development Kit, that <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.newsbtc.com/news/bitcoin/spiral-btc-releases-lightning-development-kit-jack-dorseys-puppet-promotes-it/">our sister site NewsBTC described as</a>:</p><blockquote><p><em>“The Lightning Development Kit is Spiral BTC’s latest offering to the community. And to the world. The LDK is “The simplest way to integrate Lightning into your Bitcoin wallet.” It’s free to use and it contains building blocks that anyone can merge with their product or application.”</em> </p></blockquote><p>The Bitcoin Design Guide takes care of the graphic part of things. Both products together are a powerful package for hungry developers looking to create the next Lightning app. And both are open-source.</p><p><strong><em>Related Reading | </em></strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoinist.com/cashapp-enables-payments-lightning-network/"><strong><em>CashApp Shocks The World, Enables Payments Through The Lightning Network</em></strong></a></p><h2 id="h-conclusion-and-guide" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Conclusion And Guide</h2><p>Bitcoin’s price might be all over the place, but the signal is clear. This is a committed community that’s improving the product every day. They are funded, they are organized, and they’re working together towards a common goal. Hyperbitcoinization.</p><p>Just to make sure everyone got it, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoin.design/guide/">here’s the Bitcoin Design Guide V2</a>.</p></blockquote>]]></content:encoded>
            <author>richard-4@newsletter.paragraph.com (Richard)</author>
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