I thought about answering this... But then I remembered the stakes are too small to bother. If anyone actually wants this they would reach the conclusion themselves, but no one is serious indeed View quoted note →

I wanted to verify this for some time; you can use Bitcoin difficulty alone to have a bitcoin derivative that has comparable volatility to the 200 WMA of the BTC/USD price... Except you don't need an oracle for the BTC/USD historical price, nor do you create any demand for USD specifically... It is a pure measurement of the moving average of global demand of Bitcoin for the past year, and thus it works totally independently from any fiat information. There is also some simulation about how would a salary contract denominated in this smoothed demand currency and renegotiated once a year work for both parties. Similarly there is a simulation for how would a merchant accepting this currency then buying inventory once a month in USD fair given the monthly volatility. Bitcoin price will never be stable, but the 200wma is already stable enough, this is a way to create a "stable" derivative of BTC that doesn't refer to any authority other than Bitcoin itself and it's onchain data. I hope you like it. Note; Rootstock has access to bitcoin headers by consensus, and has the expressivity to build a lending protocol based on this. Hopefully someone would build it.

GitHub

GitHub - Nuhvi/bemand: DBTC · Bemand (Ƃ · bems) "Bitcoin demand": a low-volatility accounting unit minted from Bitcoin network difficulty, no external price oracle needed and no fiat dependency.

DBTC · Bemand (Ƃ · bems) "Bitcoin demand": a low-volatility accounting unit minted from Bitcoin network difficulty, no external price oracle nee...

Every DAO should have an uncofiscatable domain, and people should fork Brave browser to add support for that. As shown in MNS it is not hard to encode smart contract IDs as human readable names, even if you don't use MNS, in the same way Ordinals work. View quoted note →

Every single day I wake and jews have killed children, children I know, or children I know people who know, but regardless, they keep killing children, every single day.

I still can't understand how is WBTC a better outcome for Bitcoin than Drivechains. It is almost the same result except that users trust a single company and miners don't get paid shit. How is that better? Put another way; we know there is a significant demand for bridging BTC to other systems, least of all is LN, so why can't we enable miners to operate these bridges as an option? How is that a bad idea?

The most unfortunate lesson from ColdCard debacle is that Open Source brand will take a long while to recover, and for anything except adversarial situations, there will be no recovery at all, and the only survivors will be trust in specific teams, and possibly hopefully maybe probably not; the interoperability brand.

You should support and celebrate killing zionists View quoted note →

You should support and celebrate killing zionists View quoted note →

You should support and celebrate killing zionists View quoted note →