This was just a rude post. What spirit of grumbliness took over my heart in that moment?
That said, I've gotten a couple more people off my follow list today. 🤣
View quoted note →
Here's an unpopular opinion.
#Liquid is an important project in the Bitcoin ecosphere. It is unfortunate, but ultimately good, the bug was found.
We should hope that that liquid continues to harden.
Many of the features people have wanted to add to Bitcoin can be made accessible on side chains like liquid. Privacy is one of them. In fact, it was their confidential transaction implementation where the bug was found. The bug involved a logic error in proof caching in which there was nuance missed in what was cached, which was able to be exploited so that the attacker could get around range proofs and include a negative value, thus being able, through a very precise set of transactions, to create LBTC out of thin air.
Some folks may not know that Confidential Transactions (CT) was invented by Greg Maxwell of Bitcoin Core.
One of the first implementations of CT was in Monero and Monero still uses it. Luckily, Monero doesn't do the same sort of proof caching that the Elements system does. Notably, for years, Greg Maxwell included a Monero address in his Bitcoin Talk Forum profile.
People are becoming very tribal and there's a lot of laughing or finger pointing from people about this failure in liquid.
This is both unfortunate and foolish, in my opinion.
The tech being worked out on Liquid is important to Bitcoin's success.
Liquid has been doing complexity the right way in that they are building things on a layer of Bitcoin that we would not want in the base layer protocol.
There is some irony in this sense. Because some of that complexity is what was exploited. And this is the reason why people balk at ideas of even changing policy in Core.
I for one hope liquid recovers all of their assets and continues to improve and be used as the important layer to Bitcoin sidechain.
So much pain in the Bitcoin world recently.
- The BIP 110 split.
- The Coldcard problem
- The Liquid hack.
- Bitpay hack
- Several other AI based attacks
And this is causing people to polarize into sides and make big black and white statements.
I might need to record a little talk about this just to get my own thoughts out.
I've been i'm wanting to wait for the possible emergence of the upcoming Moose and Muffin podcast, but I might have to do an "emergency pod" for this one.
I have to say...
I like the idea of a low flush toilet. I mean, I like the idea of my exports becoming someone else's problem through the magic of plumbing.
But I don't like the TOILET of a low flush toilet. It leaves a lot of toileting out of the trying to be a toilet.
My mother was one of three sisters. She passed a couple years back. Her older sister just passed a couple days ago.
I am heading out that way to go to the funeral. And my cousin asked if I would be a pall bearer.
The older I get, the more I understand that if we're lucky in this life, we must see a lot of death.
And I'm a bit of a soft-hearted soul, so I feel it deeply.
I was not even very close to my aunt. But still I feel her loss very strongly.
When I go, I will be able to stay with the youngest of the three sisters while I am there.
There is beauty in the pain.
So. I have had my blossom server at media.jmoose.rocks available to all comers.
I figured this would not last lol.
But! If you want to use it just let me know and I'll add you!
But not the whole world anymore ha.
View quoted note →