Dear Labelbase Community-Member,
​
Hello and welcome to the second edition of the Labelbase newsletter!

​
Let's dive into this month's highlights!
​

Service and Platform Updates:

• Version 2.1.0 "Feature Attachments"
  You can read the full announcement here.
  ​
• Version 2.1.1 Fixes and improvements.
  ​
• pylabelbase 0.0.1 This is the official Python API wrapper for https://labelbase.space, designed to streamline your Bitcoin BIP329 label management programmatically.
  Download it from PyPI or through our GitHub repository.
  ​

Success Stories:

An older one, but did you know that the Bitcoin white paper is permanently encoded in the timechain?

Access the Bitcoin White paper Directly from the timechain

In April 2013, it was embedded in transaction 54e48e5f5c656b26c3bca14a8c95aa583d07ebe84dde3b7dd4a78f4e4186e713 of block 230009.

This transaction, which includes 947 outputs and cost nearly 60 million sats in miner fees, showcases the ingenuity of the Bitcoin community.

This embedded document remains uncensorable and is a testament to timechain's power of preserving valuable information.

Regardless of any external copyright claims, you can extract and verify the original white paper yourself. For those interested, detailed guides are available on platforms like Bitcoin StackExchange.

​

Tips and Tricks:

• Label everything: The cornerstone of your privacy lies in labels and coin control. While techniques like CoinJoins and L2 can enhance your privacy, without a comprehensive understanding of your UTXOs, you may not have a complete picture of your financial activities.
  ​
• Never mix coin origins: Take the time to label your addresses and transactions accurately, grouping them according using tags to their purpose or source. When making transactions, utilize coin control to select the specific unspent outputs you want to include, allowing for greater control over your holdings and transactions.

​

Community Spotlight:

Recently, Francis Pouliot released a new indicator, called the "Bull Bitcoin Fee Multiple".

The Bull Bitcoin Fee Multiple is an indicator which shows clearly if the current Bitcoin Network fees are high or low relative to the average of the past year and the past month.
​
Check out the detailed website.

​

​

Support and Resources:

Your experience with Labelbase and its features is my top priority. If you ever find yourself in need of assistance or have any questions, I'm here for you.

Here are your options to get in touch:

• Email: Feel free to reply directly to this email for any support-related queries. We aim to respond promptly to address your concerns or feedback.
  ​
• Live Chat: The support chat is embedded directly within Labelbase. Open your profile on the top-right, then click on "Support Chat" to load the 3rd-party integration.

​

Here are some options to learn more about Labelbase, labeling, coin control, and transaction consolidation:

• Labelbase Knowledge Base: Check out our Knowledge Base right here. The raw data to import it in your own instance can be downloaded here.
  ​
• Bitcoin’s UTXO Model: What Is It and How To Manage UTXOs: A short, illustrated article published by River. Read it here.
  ​
• TEACH ME BITCOIN, SON. on Twitter/X.

​

Thank you for being a valued member of the Bitcoin and Labelbase community.

See you next month!

Xavier

​
P.S. This month, Labelbase was listed on svrgnty.com, a curated list of Bitcoin resources, and our last releases were mentioned on Bitcoin Optech Newsletter #298, the bitcoin.review podcast, Rabbit Hole Recap podcasts, as well as on nobsbitcoin.com.

​