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Cipherhoodlum
npub1u2ny...uzde
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Cipherhoodlum 5 months ago
The real risk isn’t just a 51% attack. It’s insiders colluding with VC money to change Bitcoin’s code paying devs to include spam. That’s cheaper than mining attacks. Run @BitcoinKnots
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Cipherhoodlum 5 months ago
Security is not binary. Filters are economic tools. They raise friction & time-to-relay. If a minority of nodes/miners carry sub-1sat, you get leakage, not failure. The goal is not to stop every tx everywhere, but to prevent the network as a whole from becoming a free relay for spam (ie, dick pics, child abuse)… A filter that reduces bandwidth/mempool abuse by 80–90% is still doing its job. Or is your pushback less about principle and more about VC profit-making?
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Cipherhoodlum 5 months ago
Security is not binary. Filters are economic tools. They raise friction & time-to-relay. If a minority of nodes/miners carry sub-1sat, you get leakage, not failure. The goal is not to stop every tx everywhere, but to prevent the network as a whole from becoming a free relay for spam (ie, dick pics, child abuse)… A filter that reduces bandwidth/mempool abuse by 80–90% is still doing its job. Or is your pushback less about principle and more about VC profit-making?
Cipherhoodlum's avatar
Cipherhoodlum 5 months ago
Security is not binary. Filters are economic tools. They raise friction & time-to-relay. If a minority of nodes/miners carry sub-1sat, you get leakage, not failure. The goal is not to stop every tx everywhere, but to prevent the network as a whole from becoming a free relay for spam (ie, dick pics, child abuse)… A filter that reduces bandwidth/mempool abuse by 80–90% is still doing its job. Or is your pushback less about principle and more about VC profit-making?
Cipherhoodlum's avatar
Cipherhoodlum 5 months ago
Security is not binary. Filters are economic tools. They raise friction & time-to-relay. If a minority of nodes/miners carry sub-1sat, you get leakage, not failure. The goal is not to stop every tx everywhere, but to prevent the network as a whole from becoming a free relay for spam (ie, dick pics, child abuse)… A filter that reduces bandwidth/mempool abuse by 80–90% is still doing its job. Or is your pushback less about principle and more about VC profit-making?
Cipherhoodlum's avatar
Cipherhoodlum 5 months ago
Security is not binary. Filters are economic tools. They raise friction & time-to-relay. If a minority of nodes/miners carry sub-1sat, you get leakage, not failure. The goal is not to stop every tx everywhere, but to prevent the network as a whole from becoming a free relay for spam (ie, dick pics, child abuse)… A filter that reduces bandwidth/mempool abuse by 80–90% is still doing its job. Is the pushback less about principle and more about VC profit-making?
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Cipherhoodlum 5 months ago
With the upcoming Bitcoin Core version 30 (slated for release end of October 30, a significant shift is occurring: Users are being drawn away from a purely financial-focused blockchain to one increasingly used for images, inscriptions, “runes,” and other non-monetary data. Run @BitcoinKnots and show you disagree
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Cipherhoodlum 5 months ago
First they ignore Knots. Then they mock Knots. Then they Dos-Attack Knots nodes. Then… Knots dominates 51% of the network…. Soon image
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Cipherhoodlum 5 months ago
“Spam? That’s base layer-liquidity” -Satoshi Nakaspamoto Run @BitcoinKnots
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Cipherhoodlum 5 months ago
“One man’s spam is another man’s airdrop” -Satoshi Nakaspamoto Run @BitcoinKnots