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ManyKeys
manykeys@npub.cash
npub129pu...hud3
Keys, not credos.
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ManyKeys 5 months ago
The whole BIP-110 brouhaha reads like a self-righteous bureaucrat in a hackerspace: loud, performative, and fundamentally ignorant of the system it claims to “fix.” The recent KnotsLies exposé demolishes core talking points by literally encoding a contiguous image in a transaction that violates none of the rules its proponents say are sacrosanct, exposing that the very limits they want to enforce are either bogus or trivially circumvented — a classic case of ideological zealotry masquerading as technical rigor. Far from protecting #Bitcoin, this faction is pushing arbitrary consensus-level censorship of “non-monetary” data based on subjective judgments about what is “spam,” a slippery slope that corrupts Bitcoin’s neutrality and permissionless ethos. Worse yet, these narratives lean on inflated node counts and hollow signaling to suggest a groundswell that doesn’t exist in economic reality, and they paint market-driven fee dynamics as existential threats while dreaming up governance hooks that invite centralized control. What looks like principled minimalism on the surface is really just a tantrum that weaponizes “technical correctness” to graft political preferences into Bitcoin’s consensus layer, a move as counter to sound money and neutrality as any hard fork ever dreamed of.
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ManyKeys 5 months ago
With an optimistic starting point of 25% miner support, the #BIP110 chain would take roughly 56 days to complete its first retarget, at which point it would hit the maximum allowed 75% difficulty reduction. If an additional 30% of global hashrate joins immediately after that (bringing total participation to 55%), the chain would then operate with 55% hashrate against 25% of the original difficulty. Under those conditions, blocks would average about 4.5 minutes, more than twice as fast as the 10-minute target, and the chain would deliver roughly 4× higher revenue per unit of hashrate compared to a chain that has not yet adjusted downward from its original difficulty. The exact payoff depends on how the non-BIP110 chain recalibrates, but the core incentive structure remains: once BIP110 reaches its first difficulty reset, the profitability spike creates a strong economic pull for miners to migrate. If a fork relies on asymmetric economic leverage while simultaneously labeling dissenters with extreme accusations, it can create the perception of a coerced consensus rather than an earned one. That dynamic is part of why trust erodes around such proposals, and why I do not support BIP110. I might be wrong, but this is how I currently perceive this.
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ManyKeys 5 months ago
It would be quite a thing if they bought put options to offset the long position. That's just a wasted shot. Seems like some people have no idea how trading works. View quoted note →
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ManyKeys 5 months ago
Death is certain. Deletion is not. We fade, but our posts persist — cached, mirrored, archived — adrift in the digital void long after we’re gone. Like information falling into a black hole: once thought lost, now believed to be encoded on the horizon, scrambled but not destroyed. Maybe nothing truly vanishes. Maybe it just waits for the right reversal mechanism. image
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ManyKeys 5 months ago
GM from the coldest ports of NA🤍
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ManyKeys 5 months ago
Government pressure to crank up the monetary base is always lurking in the room — hand on the lever, eyes on the printer, ready to hit “go” the moment nobody’s looking.
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ManyKeys 5 months ago
#Nostr is hastily losing its organic appeal; the late bot infestation is killing the vibe. This wild uptick likely to push users to less censorship resilient areas through WoT and Trusted Assertions.
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ManyKeys 5 months ago
My great-granddad told his son — my grandad — “Every man wants to be the greatest alive, yet for you, my son, I want someone greater than me to exist.” This captures a common paradox in fatherhood: the desire for personal greatness coexists with an even stronger wish to be outdone by one’s own child. View quoted note →
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ManyKeys 5 months ago
HODL is a faggot, that's why. A fuckin worst kind, a genocide sympathizing faggot. He had me muted a long time ago cause I called him out for supporting the Gaza genocide. View quoted note →