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Was going to wait a bit but no better time than the present. I get no value out of this place or bitcoin twitter anymore. Deleting the socials. It's been fun I guess, going to focus on building. Peace.
We all need to be doing our part to help the man in the coma.
I've had so many ๐Ÿ”ฅ notes I've been holding back because I know everyone on nostr is at Miami partying it up ๐Ÿ˜…
There's way too many exciting things we want to do at @OpenSecret but we gotta build the basic wallet functionality first ๐Ÿ˜‚๐Ÿ˜… Putting a lightning node in a web browser? Think that's insane? We are only getting started.
Our Signet's CLN LSP node auto generated this name ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜… image
Amethyst blocks people automatically that you don't want blocked and doesnt actually block the ones you manually block ๐Ÿ˜ช
Going to start calling space chains, drive chains, etc. "imaginary chains" because that's what they are... Imaginary. Not gonna happen. In your head.
Had no idea what the Dave commotion was about because I blocked that bot months ago ๐Ÿ˜… Needless to say it is staying blocked
Local Austin based calligraphy artists are not well respected at The Commons. ๐Ÿ˜ฎโ€๐Ÿ’จ
If nobody is going to use liquid now, nobody is ever going to use liquid. Shut it down. image
I'm so excited that one day we may have our own budget to allocate to more lightning research and attack scenarios. Doing things like LNSploit, Hidden Lightning Network, LightningPrivacy.com etc. But being able to task it out and not have it be something constrained to my "spare development time" would be a dream. After years of hypothesising, writing, and experiminting with some of this, there's simply not enough researchers or experts to work on it all. There's a handful of talented individuals focused on certain areas but not enough to cover all areas and I'm sure they would all agree too witj their own lists they cant get through.
It would be so easy for someone prepared for a mass exit attack on LN to actually take advantage of all of this high fee environment stuff. Much cheaper to execute if you take utilize the fact that others are pushing up high fees for their own reasons.
Mailing lists have been so strange lately... It's getting to the point where technical emails are being responded to pretty soundly but then personal issues are slipped in there to get past mods. Nothing quite as weird as an elaborate "interesting use case for this consensus policy... btw I wish to defend myself publicly on this mailing list, here's my story"
I hope all those that have been saying for years "bring all [scams] back onto bitcoin" will realize what they've done.
The only problem with the fee rate incentives is that it does incentivize the behavior of paying high fees for the chance to get more money later, thus making it worth it. Meanwhile in honest scenarios, it's not worth competing with rich scammers for block space. This scenario can happen for any reason off chain, such as exchange runs, large price movements, margin calls, etc. But it's unfortunate when that reason is built into the protocol. I don't think it's anyone's fault some imaginative scammers found a new way to scam people on chain. This makes it worth it to them to spend any amount if they think they'll make some X% return they can trick the next crowd of scammers into believing will be the same for them. It would be hard to tell sometimes what protocol improvement will be used in ways that change the monetary incentives on bitcoin. But for the obvious ones, those must be pushed back on. This could all be temporary, or this could be what we have to live with. There will always be scammers on any platform or protocol.
I'm really not looking forward to when they use AI in forensics or criminal persecutions.
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