Learn to process raw .blk data directly
OrangeSurf
_@orange.surf
npub18h0w...ws8m
I'm excited for DATUM to bring back coinbase tag flame wars

Why would it be concerning if the coinbase outputs of block 539209 were all spent?
I think we will be hearing a lot more about Core Untouched Soft Forks (CUSF).
I was skeptical, but knowing 60% of pools are merge mining I think it’s worth paying attention.
If you hear or read any useful discussion (pro or anti CUSF) let me know
Core Untouched Soft Fork Info
IYKYK


This is a great read and addresses some awkward truths.
In addition to quality topics the editing of the Bitcoin Brief is top notch. Give it a listen View quoted note →
In undertaking the latest mempool research report I was really surprised at the prevalence of merged mining.
60% of hashrate runs non bitcoin software altering their coinbase tx. How well reviewed & isolated is this code?
Would love to hear from miners
If you are a bitcoin developer building something cool and you want tBTC4 coins for testing hit me up
The (free) distribution of tTBC4 coins to bitcoin projects continues.
Just published the latest @mempool reseearch report for @npub1m7qj...m4gz


mempool research
Merge Mining Report
A data driven analysis of the bitcoin merge mining phenomenon.
Someone just spent a coinbase reward from blockheight 2247, less than 26 days after the genesis block, before the second difficulty adjustment 🤯
tx by SaniExp on x

The Mempool Open Source Project®
Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

The Mempool Open Source Project®
Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.
Gm nostr, who is working on nostr key rotation?
#asknostr


Mempool Watch 👀
Check your mempool and the recent blocks... you will see hundreds of high fee transactions that are all the same... let's explore
The txs have a 0.05 BTC input and are being spent with a fixed 64,000 sat fee, overpaying by 42x!
In total, this entity just spent almost 0.4 BTC in fees!
And it wasn't a consolidation so they will spent the same in the future if they keep their hardcoded fee.
All of the transactions have a P2TR tapscript which implements a 1-of-1 AND 6-of-9 multisig
One master key has to sign and in addition any 6 of the remaining 9 must sign.
This complex setup secured the 30 BTC that just moved in 600 individual transactions!
And this entity isn't done! They have another 30 BTC held in unspent transaction outputs (UTXOs), all with with the same scriptPubKey.
From this address
To this address

The txs have a 0.05 BTC input and are being spent with a fixed 64,000 sat fee, overpaying by 42x!
In total, this entity just spent almost 0.4 BTC in fees!
And it wasn't a consolidation so they will spent the same in the future if they keep their hardcoded fee.
All of the transactions have a P2TR tapscript which implements a 1-of-1 AND 6-of-9 multisig
One master key has to sign and in addition any 6 of the remaining 9 must sign.
This complex setup secured the 30 BTC that just moved in 600 individual transactions!
And this entity isn't done! They have another 30 BTC held in unspent transaction outputs (UTXOs), all with with the same scriptPubKey.
From this address

The Mempool Open Source Project®
Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

The Mempool Open Source Project®
Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.
Thankful for a great day


Just sit still and wait
Energy across the sea
The sets are coming


Why are some bitcoin blocks empty?
Discussion
Report

Stephan Livera
Why are Empty Blocks Happening with OrangeSurf from mempool.space SLP588
Why are some bitcoin blocks empty? Orange Surf from the mempool.space team joins me to explain his recent research report on this topic. We discuss...

mempool research
Empty Block Report
A data driven analysis of the bitcoin empty block phenomenon.
Have you ever used testnet?
There’s a two tier block space market
You’d best hope your fee estimator is legit


Concept: VIP MODE
Show one post from each person you follow first.
Why? Today, unless people post and interact regularly they just disappear from their followers feeds. IMO this results in larger amounts of lower quality content.
What do you think? Which nostr client do you think will be the first to add VIP MODE ?