POW POW POW!

This is a note containing text from the client snort.social, which is a very reliable client

@bolraj Benali M4 Semi-automatic operation for rapid fire ARGO (Auto-Regulating Gas-Operated) system for reliability under various conditions Pistol grip for better control and handling Adjustable ghost-ring sights for accuracy Tactical rail for mounting optics or accessories WW1 Standard Model of 1911 Compact size for easy concealment Lightweight aluminum frame Novak sights for better accuracy Enhanced grip design for better control

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@bolraj

Before building a relay , I should have invested time into a firmer understanding of TCP/IP principles. It is important understanding the basics

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I find administering Relays and writing CSS to be the most fun, worthwhile endeavors I've learned in the past few years, being able to consistently add to it, becomes the fun part.

Home - The Libretech Podcast: Powered By Nostr and Tor

Update to Hash Pod Episode 5 on Privacy Thoughts #PrivacyThoughts

Primal saved my ass

Key Concepts: Autoregressive Coefficients (𝛽𝑖): These coefficients represent the influence of past values of Bitcoin returns on current values. Intercept (𝛼): This represents the baseline level of Bitcoin returns. Standard Deviation (𝜎): Measures the variability or volatility of Bitcoin returns. Regime: Refers to different states or conditions that Bitcoin returns and MPU can exist in, such as high or low volatility regimes. Transition Probabilities: The likelihood of moving from one regime to another over time. Model Selection: The research discusses different variations of the Markov-switching VAR model, such as Markov-switching mean (MSM) and Markov-switching intercept (MSI), and determines the most suitable model based on criteria like the Akaike Information Criterion (AIC). Empirical Results and Discussion: Stationarity Tests: These tests check whether the data series (Bitcoin returns and MPU) are stable over time. Cointegration Test: Determines whether there's a long-term relationship between Bitcoin returns and MPU. Model Estimation: Estimates the parameters of the chosen model based on the data. Transition Probabilities: Examines the likelihood of transitioning between different regimes. https://w3.do/W_m57wHg Posted via 🛰️ #Satcom (https://satcom.app)

**As a Layman, these were the best points I could extrapolate from study** - **Undetectable Selfish Mining:** - Selfish mining is a strategic deviation from the Bitcoin protocol where a miner can earn bitcoin faster by deviating from the intended protocol. - Traditional selfish mining strategies have been statistically detectable due to the pattern of orphaned blocks, potentially impacting the value of BTC negatively. - **Statistically Undetectable Strategy:** - The paper introduces a variant of selfish mining that is statistically undetectable, meaning the pattern of orphaned blocks is indistinguishable from a scenario with only honest miners but higher network delay. - This strategy involves producing orphaned blocks independently with a higher probability compared to honest miners, enabling miners to profit without detection. - **Importance of Protocol Design:** - The study highlights the importance of protocol design in maintaining the integrity and security of blockchain networks. - Designers must consider the possibility of undetectable strategic deviations when claiming the incentive compatibility of protocols. - **Nakamoto Consensus Protocol:** - Bitcoin and many altcoins utilize the Nakamoto Consensus, a longest-chain protocol with proof-of-work. - The protocol selects miners to create blocks proportionally to their computational power, with rewards distributed based on the longest chain. - **Future Considerations:** - The findings underscore the need for ongoing research to address vulnerabilities and ensure the robustness of blockchain protocols. - Understanding the implications of undetectable selfish mining variants is crucial for maintaining trust and stability in decentralized systems. https://w3.do/5xx5-8NK

My Morning Reading **BRC-20: Hope or Hype** - **BRC-20 Introduction:** - BRC-20, short for Bitcoin Request for Comment 20, sparked significant interest in mid-2023, offering a unique approach to tokenization on the Bitcoin network. - Unlike traditional ERC-20 tokens on Ethereum, BRC-20 introduces non-fungibility to Bitcoin by incorporating editable fields in each satoshi, making them unique. - **Key Features:** - BRC-20 tokens are created through ordinal and inscription processes, adding metadata to identifiable satoshis, the smallest unit of Bitcoin. - This metadata, stored on-chain, allows for the representation of user-customized information, such as unique identifiers and images, enabling the creation of non-fungible tokens (NFTs) on the Bitcoin network. - **Market Impact:** - During the BRC-20 period (February to May 2023), Bitcoin's block size, mempool transactions, and transaction fees experienced significant fluctuations, indicating heightened activity and interest. - Despite these developments, awareness of BRC-20 remains low among blockchain researchers and developers, highlighting a gap in user perception. - **Research Approach:** - The paper pioneers the exploration of BRC-20 through systematic, quantitative, and qualitative analyses. - It delves into open-access resources to provide a comprehensive understanding of BRC-20's mechanisms and functionalities, alongside quantitative investigations into market performance and user sentiment. - **Conclusion and Implications:** - Through comparisons with established token standards and assessments of user perceptions, the paper identifies both the advantages and limitations of BRC-20. - It proposes implications to address misconceptions and enhance understanding, emphasizing the need for further research and education in the evolving landscape of Bitcoin token standards. Send Lightning tips via any lightning wallet to freedomscript@vlt.ge https://w3.do/PPMdmqr1

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