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McCoy
McCoy@primal.net
npub18y33...x5t7
Bitcoin NOSTR block 768722
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McCoy 1 year ago
Bitcoin Security: ✅Crazy large numbers ✅ ECDSA ✅ Private key set up ✅ Private key management tools ✅ UTXOs stored on widely distributed nodes ✅fee market: responsively resistant to attacks ✅ coin emission and time stamping via POW ✅ node consensus enforcing monetary policy ✅voluntary updates with backwards compatibility ✅ mining incentives: soaking up low cost energy ✅ energy producers ✅humans who embrace personal responsibility
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McCoy 1 year ago
Best money wins. There will be a winner.
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McCoy 1 year ago
Sequence setting: 0xFFFFFFFD = enables both the locktime and RBF
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McCoy 1 year ago
5 sats/vbyte incoming
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McCoy 1 year ago
a1075db55d416d3ca199f55b6084e2115b9345e16c5cf302fc80e9d5fbf5d48d
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McCoy 1 year ago
Learnmeabitcoin.com - check it out Witness TXID and why OP_RETURN, how OP_RETURN....... wTXID = HASH256([version][marker][flag][inputs][outputs][witness][locktime])
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McCoy 1 year ago
What is adjusted vsize? Bitcoin blocks have two independent consensus-enforced resource constraints - a 4MWU weight limit, and the 80,000 sigop limit.
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McCoy 1 year ago
One day, my hard work and savings mindset will be upping my sats/vbytes - out bidding the latest spammers/scammers, degens, *censorers* - to transact. I’m betting on the POW digital system to store my work AND I’m WORKING in the real world. Earn. Save. Outcompete those not bringing value. I’m confident there are more highly productive, hard-working, bitcoiners, and bitcoin companies, than those seeking the easy path. They will run out of resources. LFG.
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McCoy 1 year ago
Work. Provide value to others. Spread less than you earn. Save in Bitcoin. Practice and preach personal responsibility - with your work, your family, your private keys. This is a solid strategy. It is becoming more critical every year. One day (?soon) it will be so critical that those who can’t do the above literally won’t make it.
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McCoy 2 years ago
Large numbers + Cryptography + Computational Proof using energy + DA POW Solved: #1. Coin emissions w/o seignorage #2. Coordination = Consensus = Time stamping
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McCoy 2 years ago
Run your own node. Verify for yourself. Secure your own private keys. Opt in to the future. Opt out of the past. Even old guys can do it. You young bucks have no f-n excuse. Don’t let the boomers get all the bitcoin.
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McCoy 2 years ago
@Gigi note/reply showing a graphic of ….. “What I know” “What I’m able to communicate” “What someone listening understands” Any help finding this note/reply appreciated. 🙏
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McCoy 2 years ago
Information wants to be free. Information that is broadly valuable to humans WILL BE FREE.
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McCoy 2 years ago
Not that worried about the latest *attacks* the honey badger is built for hostility. Time is on our side. A bit worried about staying healthy and lucid enough to remember my private key set up….