A #Bitcoin 🔥🤌 torch surfing the network, and the Bitcoin Boot camp #Day1 in Spanish.
A Bitcoin torch, or "Antorcha Bitcoin" in #Spanish, is a dynamic activity where a specific amount of Bitcoin, in this case 8,000 SATs (a fraction of a Bitcoin), is passed sequentially from one participant to another in a predefined order. 

Educational Purpose: The activity is intended to teach participants about Bitcoin transactions and the Lightning Network, which is a layer built on top of the Bitcoin that allows for faster and cheaper transactions. The goal is to have the participants understand the flow of transactions (Send & Receive Payments) and how to use digital wallets in the context of a practical, hands-on activity for beginners.

Here's a breakdown of how it works:
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Initiation: The process begins when an initiator sends 8000 SATs to the first participant in a predetermined list.
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Circuit Transfer: Each participant, upon receiving the SATs, then forwards the same amount to the next person on the list. This transfer continues following a set order, similar to a "Formula 1".
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Return to Sender: The process continues until the last participant sends the 8000 SATs back to the original sender, thus completing the circuit.
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Reward: Participants are rewarded for their participation. In this case, at the end of the circuit, each participant receives 500 SATs.

Key aspects of the Bitcoin torch dynamic include:
•Ensure each participant already has a #Bitcoin Lightning Wallet
•Use of Lining Addresses: The transfers are facilitated through Bitcoin lining addresses, which are similar to email addresses generated by the IBI wallet (by tiankii). Participants who are not on the original list must provide their lining address in order to participate.
•Low-Cost Transactions: The transfers within the Lightning Network are designed to be low cost, with some transactions costing zero cents.
•Practice with Wallets: The activity is also a practical exercise for participants to learn how to use Bitcoin wallets and conduct transfers. Participants use wallets like IBI Wallet and Blink.

Bootcamp
In our Bitcoin Boot camp, students begin by learning what makes Bitcoin the best and fairest form of money. They learned everything from installing custodial and non-custodial Bitcoin wallets to deploying their own non-custodial decentralized nodes, and also how to develop or code innovative products on Bitcoin.