Happy to see zcash rallying, maybe Bitcoiners can stop dismissing all competition as scam and realize a real upgrade is required.

It is safe to express your hatred for genocidal scum, be proud of it. View quoted note →

For a Blockchain to remain decentralised, you have to limit the number of Utxos, because everything else can be compressed, but you need this full set to be able to produce new blocks, and for users to create transactions... But that already sounds like Pools, and indeed, a trustless pool is a Blockchain (or call it a distributed event log if you want) with a hard limit on the size of UTXO set. There can only be so many pools on Bitcoin, because Bitcoin too needs to limit its utxo set, but the limit is very large, and there is still shallow recursion (pools inside pools) if necessary. Cross pools finality will always be slow though, but it will probably still be faster than banks finality (30 days).

Bitcoin is a temporary proof of publishing,, if you think data on Bitcoin will live forever in any special way unlike any other torrent file, you are wrong. Even UTXOs can be deleted and nodes demand that you send your Utreexo proof to spend. Nothing is forever, everything has maintaince costs and if not paid, they get entropied. View quoted note →

You can verify arbitrary computations over private inputs, on Bitcoin, right now. Time to build useful stuff with that.

Simulate soft forks or bust

Liquid federation would have been better off as a trusted cosigner of transactions on Bitcoin to enable opt-in opcodes.

I bring you good news; centralisation will forever remain crippled by compliance... Want decentralisation? Build tools for the anarchists who understand the sovereignity of the Internet and practice it.

Bitcoin has PoW, and open permissionless set of block producers, but if we had 50000 banks backed by Bitcoin, each with permissionless Lateral exit from one bank to another, and proof of reserves enforced on Bitcoin, this is a future that is of course scalable, but also more private and not at all obvious if it is any less sovereign than L1 ... Yes there are caveats, but sovereignity on Bitcoin has plenty of caveats too.

Filter people want compliant Bitcoin nodes ... I wonder how long before KYC is part of Knots consensus. View quoted note →

I agree with this, everyone should be free to filter and boost what they want... However the solution is to get Core to finish their consensus library so people can implement as many clients and even as many relay networks as they want, safely. Core centralisation is causing too much headache at this point. View quoted note →

Some Bitcoiners are living in this imaginary world where the government is more likely to put them in jail for relaying bytes they don't even decode, than money transmission that they actually parse and validate but don't KYC... What governments are you living under folks?? View quoted note →

Any popular Torrent file may contain CSAM, and it would be cheaper to put illegal content in a pirated game than to put it on the Blockchain, and you would have just as much data availability... Bitcoin is not magically more available than any other p2p replicated data!! View quoted note →

So instead of extracting the consensus out of Core so we can have permissionless clients, we have to all switch to a new client, and presumably even abandon any alternative implementation because it might not be filtering hard enough... That is quite the ask! View quoted note →

Money transmission is illegal too what kind of an argument is this? Bittorrent is not only illegal it can actually propagate CSAM a million times more efficiently than a Blockchain, yet it never dies, not because plausible deniability but because it can't be killed. View quoted note →

Thankful for zionists inability to do anything but attack everyone everywhere all at once. Even the most willing to lick their boats are starting to realise they are a mortal enemy that can't be reasoned or negotiated with ...

China is vindicated left and right, not sure why do people keep taking about China as a specially totalitarian government while racing to immitate them? View quoted note →

Prediction; Bitcoin Rollups will be interoperable with Lightning ... Because they are mostly equivalent to Ark servers so why not.