GM! I guess I missed the memo that Bitcoin had changed from decentralized permissionless money to please beg a central committee to not have your coins confiscated LMFAO
Facts on BIP 444:
Two pools totaling roughly 14% of hash rate have formally said No (F2pools and Braiins)
Oceanβs largest miner is leaning No
No one will take up @Rob Hamilton on a trustless on chain futures market (remember the blocksize war was definitively won when futures markets priced the fork low)
Betting markets have shown a 0-4% chance
GM! If you want to learn more about how Bitcoin works stop listening to podcasts and influencers, read Mastering Bitcoin by Andreas, attend your local BitDevs, and read
If you have ever visited a pornographic website in your entire life then your computer has downloaded illegal content. Thank you for your attention to this matter.
A Bitcoin fork succeeds or dies by how much money is put on the line. The economic majority win. If you wonβt put money on the line you fail. #forkwars
Currently Lightspark is publishing the entire Spark state chain tree, making everything effectively public but pseudonymous (think similar to onchain BTC). This ensures unilateral exit in a simple naive way, but is horrible for privacy.
ALLEGEDLY: Worth reading in full, Lava a Bitcoin loans company claiming to use self custody on chain DLCs with collateral in a unique address was able to push a forced upgrade that converted the product to fully custodial with no information on how collateral is held of proof it even exists, effectively seizing the collateral in violation of their own term of service and which they claimed was impossible. Seems like they may have never used DLCs or they did and they controlled the oracle giving them custodial like control even if you had a key.
I know linking to X is taboo, but this is important and worth reading in full. Unless something is open or at least viewable source it isnβt self custody. Be extra careful with loans, start small, and probably only use loans that are either multisig or DLCs with a verifiably third party custodian.