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June Monthly Meeting

Hi everyone. As a topic for this month's meeting I was thinking we could tackle something that is right at the top of this year's new features in Bitcoin. It is something called "multi-sig" and will have huge implications for businesses and even family usage. Many are saying that this is the year of the multi-sig.

 

So what is a multi-sig? It is a transaction that requires multiple signatures in order to be able to spend the Bitcoin. It is operational on a few wallets but is still in its infancy. Any business where multiple people have access to the money receipts would likely want to have the spends out of the company account require multiple signatures. Visit this link and watch the short video that covers about what we could do at the meeting ... http://vimeo.com/96983886.

I'll have an online version of Bitcoin Armory ready for our use (maybe on the network so everyone can have their own test copy) but if anyone wants to  you can bring a laptop with the offline version of Armory installed and we can move some small transactions around using multi-sig that way too (you don't need to download the blockchain for the offline version). The multi-sig wallet version is in alpha so it isn't anything you want to put any serious money into yet but it won't belong before multi-sig is the usual.

James D'Angelo has a very good video also. Part 1 is at http://www.youtube.com/watch?v=zIbUSaZBJgU. He starts with some really simple explanations and possible uses but also gets right into coding them. We probably won't be doing any coding at the meeting because we will have the Armory Wallet but this video is excellent for background info anyway.

 

 

 

 

 

Do you have a particular topic or question you want to discuss?

 

Post your own ideas and/or topics

 

I look forward to seeing you all here!

 

 

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  • Robert

    Thanks for all you've done Damon. I think that was the best meeting ever and really demonstrated a good direction to move the meeting. Developing easy to understand non-technical learning opportunities was and is a great idea. I'll send you an email about my ideas for a demo on "money as a store of value" and on Gresham's law.

    June 23, 2014

  • A former member
    A former member

    Hey All, I cleaned up my educational presentation and loaded it into an online though networking software. There are no graphics, instead this Brain focuses on the dollar to bitcoin evolution metaphor, core concepts, challenges, and solutions. Go ahead and click on through following the chain of thoughts down the line.

    My idea is that the presentation is made in person with physical props. This brain is to organize the presentation for the presenter. (But maybe it would be useful to users as a take away?) I would love any feedback you have as I move forward. https://webbrain.com/brainpage/brain/AC2AA969-91D8-BA94-1851-AA2545FE7C65

    June 20, 2014

    • A former member
      A former member

      BTW: This brain is best viewed on a computer, I think the ideas are too large to display well on a phone or tablet.

      June 20, 2014

  • claregrace

    What a great meeting. Robert, thanks for the vision to keep this Meetup going for us. Thanks for the visual explanation of Bitcoin, Damon! It helped a lot. It just gets better and better. I spent all my time listening tonight. So much to learn about this cutting edge technology. It feels like when I was learning Cobal and Fortran and learning about Flow Charts and feeding punch cards into huge mainframe computers when I was in high school and look what's happened with computers now.

    1 · June 19, 2014

    • A former member
      A former member

      I was honored to have you listen! It was pretty scary presenting bitcoin in front of such a large group, especially so many who already know of it. I would love any feedback you have on my presentation. I want to clean up the order of topics and shorten it to about 15 minutes. I think having premade props would also help.

      1 · June 20, 2014

  • A former member
    A former member

    A very large, diverse, and engaged group. The June meeting had young and old, new and seasoned, loud and quiet, and diverse backgrounds. The conversation was wide ranging including basics of education, fears, and opportunities. The meeting generated lots of new ideas and helped the group reflect on the vast landscape of both bitcoin and its underlying concepts.

    1 · June 20, 2014

  • Jesse G.

    Oops think I left my shopping bag there, don't think I had anything important in there... let me know if I did. If not, sorry for leaving trash.

    June 19, 2014

  • Jesse G.

    This will be my last meeting as I'm going back home to North Carolina early next month.

    June 19, 2014

  • Glenn W.

    Will be out of town.

    June 13, 2014

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