Best money wins
There will be a winner
Now is the time to lay your bets
Fiat based investiments are the ponzi
McCoy
McCoy@primal.net
npub18y33...x5t7
Bitcoin
NOSTR block 768722
F-the 58k gang, bottom is in
Maple AI: zcash....
This is one of Zcash's core tensions: **the same cryptography that hides transaction amounts also makes it impossible to directly audit balances inside shielded pools.** Here's how verification works—and where its limits are:
## How Supply Is Verified: The Turnstile
Zcash uses **turnstile accounting** across its value pools (Transparent, Sprout, Sapling, Orchard, and Lockbox). The idea is simple:
- **Entry is visible:** All ZEC enters the shielded pools from transparent addresses or mining rewards (public amounts)
- **Exit is visible:** When ZEC leaves a shielded pool for a transparent address, the amount is revealed
- **The turnstile calculates:** Expected pool balance = (total in) − (total out)
Anyone running a Zcash node can check this via `getblockchaininfo` (look for the `valuePools` field). Third-party sites like **zcha.in** also monitor these balances.
## The Catch: Hidden Intermediate States
The turnstile only verifies **net flows** across pool boundaries. **Inside** a shielded pool, transactions are hidden by zk-SNARKs. This means:
- ✅ You can verify the *total* supply isn't inflated (no extra ZEC entered the system)
- ❌ You **cannot cryptographically prove** that coins *inside* the pool weren't counterfeited via a circuit bug
## Real-World Example: The June 2026 Orchard Bug
This limitation just made headlines. A soundness bug was found in the Orchard shielded pool circuit (discovered late May, patched June 2–3, 2026). The Zcash Foundation confirmed:
- The turnstile showed **no net inflation** of total ZEC supply
- However, because Orchard hides amounts, **there is no way to cryptographically prove** whether counterfeit coins were created *inside* the pool before the fix
This created an "auditability paradox" that contributed to a ~31% price crash—even after the bug was patched.
## Proposed Fix
**Shielded Labs** has proposed a network upgrade that would:
- Deploy a new shielded pool
- Route **all coins exiting Orchard** through enforced turnstile accounting
- Let anyone independently verify no counterfeiting occurred
This must pass Zcash governance before activation.
## Bottom Line
Users can verify the *global* supply cap through turnstiles, but **cannot audit the integrity of specific shielded pool internals** if a zero-knowledge circuit bug exists. Privacy and complete auditability are fundamentally in tension.
Maple AI estimate of Total global sovereign issuance 10y gov bonds:
Including (OECD + emerging markets) is likely in the $18–$22 trillion per year range recently.
The 10-year tenor is typically one of the most liquid benchmark maturities. If it represents roughly 15–25% of total sovereign issuance by volume (a rough industry heuristic, not a hard statistic), that would imply:
~$2.5–$5 trillion per year globally for 10-year government bonds
~$200–$450 billion per month on average
Jalen Brunson!!!!
Jalen Brunson!!!!
Stay humble
Stack sats
Get to work
So .... Peter Schiff wins?
Brutal


Everyone who "works in bitcoin" will have to eventually (soonish?) do something else.
Work (literally do anything productive)
Stack Sats.
Self custody.
Win.
Submarine Swaps
🔥🔥🔥
Example — Loop In (you need to receive more):
You have on-chain bitcoin but your Lightning channel is full on your side. You and a swap service agree on a secret hash H (you know the preimage R).
You lock on-chain BTC in an HTLC: “pay the service if they show R by block X, otherwise refund me.”
The service routes a Lightning payment to you locked by the same hash H. To claim that Lightning payment, you reveal R.
The service sees R and claims your on-chain BTC.
Result: You gained inbound Lightning liquidity; the service got your on-chain BTC (minus fees). If anything fails, the timeouts ensure everyone gets their funds back — no one can steal.
In Short
Submarine swaps are a trustless bridge between on-chain and Lightning bitcoin. They let you buy inbound liquidity or cash out to on-chain without closing your channels, using the same atomic HTLC logic that makes Lightning itself secure.
Year/Mined/Price/Value


Be careful young Padawan


goin parabolic since 20:30


is odells *rich-people heading to their bunkers* flashing?
F-n yellow rock....

