I don’t really mind the concept of Citrea building on top of Bitcoin. I guess it’s the free market in action. Success or failure will happen. That said more focus on self custodial features would be my preference. Self custodial features preserve and strengthen the baseline value proposition of the network. But increasing those features has a less obvious payoff for market participants. I would hope that such features benefit miner pools to retain the incentives. I would pay 10x fees to lock my coins up in a way that prevents spends for a period of time but allows transactions in the future - obviously there are probably better setups and that requires more thought. The incentives of promoting self custodial confidence seems like a long tail opportunity.

I often hear people say that Satoshi wasn’t the best coder or early versions of Bitcoin were a mess. I think that yes the whole codebase probably had many flaws. BUT the ability to synthesize so many influences into a working solution in maybe 2 years is still an engineering achievement of a genius.

How does Bitcoin survive and flourish? In evolutionary terms does Bitcoin aim to be the crocodile, a design that has lasted the test of time, or does it evolve quickly and continually like a virus to stay ahead. Note to self to read Brandon Quittem’s essay which I assume suggests Bitcoin’s DNA makes it a fungus

Brandon Quittem

Bitcoin is The Mycelium of Money - Brandon Quittem

Foreward This is the entire bitcoin+fungi series combined into a single article. I have more unpublished material, should I turn this into a book? ...

When do we get vaults? Can we get that after the high priority OP_RETURN change is done?

I understand why people say that only economic nodes matter and could dictate consensus changes. I still think a network of small node runners makes a difference and has a say. To transmit transactions to peoples’ wallets there needs to be a wider network of facilitators. If those nodes block transactions the economic nodes become impacted and less valuable. If the majority of the nodes act according the economic nodes and miners become more centralized and thus less Bitcoin like, and more likely to be the failed fork?

I like Bitcoin because it’s Thermodynamic law x Darwin’s theory of evolution x Math x Distributed computing.

Would be cool if there was a way to sign against an anonymous utxo set to prove ownership of an unspent amount at the same time nodes could verify no “double spending of utxo proofs”. I don’t know exactly what I’m saying but verifiable proof of ownership against the issuance might be a future Bitcoin self preservation feature against paper bitcoin.

Won’t every US politician want hands on proven experience running a bitcoin reserve before the next president is elected?

v(ibe) 2

Windsurf and Claude just vibe coded me my own #solomining pool from scratch. Explained the code to me, and now my #bitaxe is happily sending shares 🥹🤯

Vaults via hardware wallets instead while waiting for true onchain solutions was a really exciting idea surfaced on @BitcoinReview.

Mini Mac form factor with a Bitcoin core node installed with a button to trigger automatic update with signature checking. Button to display QR code similar to Zeus that allows wallets to connect easily.

I do most of my bitcoining on old hardware that I added upgrades to. Everything runs flawlessly as you’d expect for an apex internet protocol.

Current thought: I imagine a lot of people run 2/3 or 3/5. Now we have miniscript so we can do degrading multisigs. But both require safe harbor for a descriptor or unique wallet software. In the worst case scenarios, regulatory attack, or duress perhaps funds can still be lost. Can predated presigned transactions be useful here, if the multisig is accidentally or intentionally destroyed? Laser engrave 10 presigned transactions with different fee rates set to an nlock time (?) N halfings in the future. Receive address is a standard single sig (memorized). I am almost certain this could be a #footgun so other thought…. Dream episode of @Bitcoin.Review where plebs get to submit their unique ideas to prevent coin loss and @DETERMINISTIC OPTIMISM 🌞 @Jameson Lopp @Rijndael rip them apart - “footgun review”.

@Rob Hamilton if I set up two miniscript wallets with the same xpubs and shape such as a 2/3 decaying to single sig BUT I used different time lock criteria on each wallet - are the addresses and keys still compatible as long as the time constraints are satisfied trying to spend from either wallet? I guess I’m trying to ask if I could recreate a functional wallet from the xpubs if I remembered the shape of the wallet but not the original time constraints used?

One thing that strikes me is the panic in the markets at 10% moves. Bitcoiners are a funny mix of bearish takes but also inbuilt optimism and resilience that no matter what happens we are going to be ok.

New scam template just dropped

Tick Tock, everyone is waiting

Peter Schiff right now

So you’re telling me no coins are heading to exchanges to be sold ?? Bullish.