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waxwing
npub1vadc...nuu7
Bitcoin, cryptography, Joinmarket etc.
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waxwing 1 month ago
If you plan on creating a new tech/wallet/project in bitcoin, be sure to set aside several days to choose a name that isn't already taken by some altcoin or token.
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waxwing 1 month ago
Gave a presentation last week on "purecoin", showing basically how ~ 50% embedding rate in "pure" bitcoin transactions with no scripts is inevitable *even if* you force the outputs to prove they are not "fake". 'Fraid the audience had no idea what I was talking about, so I'll post the pdf here: https://files.catbox.moe/tpfc4x.pdf I must apologize for calling it a "very hard fork" because you could actually do it as a soft fork (thanks @Giacomo Zucco ) but it's hardly relevant. The point is that there is no version of Bitcoin, even a 99% crippled version of it that doesn't allow L2s, that does not allow data embedding, *except* one in which we completely change the cryptography to BLS (any deterministic signature scheme could in theory do it, but nobody is going to seriously suggest hash-based signatures or RSA FDH I think) (thanks @Zero-Knowledge Goof for thoughts on this), *and* totally cripple any programmability. And since quantum is coming (so they tell me!) I see basically no chance of this happening. #bitcoin #cryptography
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waxwing 1 month ago
Does anyone know the best strat for finding public peers to get compact block filters (bip157). Just using the standard DNS seeds seems to kinda work but is a bit flaky/slow. #bitcoin
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waxwing 1 month ago
Just seen bittasker.com at Adopting Bitcoin @bittasker . A really interesting app idea, using escrow + smart contract and using nostr for data storage and encryption. Like a decentralized Amazon Turk or a decentralized airtasker maybe. image
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waxwing 1 month ago
I need to keep reading, but having got the basic gist, I feel like one of these models might be better: Relays issuing their own ecash tokens in exchange for access Aut-ct tokens Proof of work (I don't favor this but it is especially simple) To be clear we're talking about defending against high volume spam here; not against low quality or objectionable content. View quoted note →