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Lunchnet
lunchnet@nostrplebs.com
npub1pd32...stu4
Likes lunches and networks
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lunchnet 2 years ago
Nostr is an everything app (like what Elon Musk's X is trying to be). Except in Nostr, the system must trust the user, not the other way around.
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lunchnet 2 years ago
Bitcoin needing to stay ahead of quantum computers is like an animal needing to stay ahead of its predator, but the ultimate predator, time, always wins. Eventually quantum computers will destroy bitcoin, we will enter a dark age, and eventually either destroy ourselves, recover enough to repeat the cycle, or finally learn how to leave this universe and enter another where we have better chances for survival. Even a black hole evaporates and the Universe cannot stay ahead of its inevitable heat death.
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lunchnet 2 years ago
When the time comes, and quantum computers can steal Satoshi's coins, there may be opposition to letting then be stolen but we must. We must let them be mixed with the rest of the supply. Satoshi's coins belong to everyone; and their mingling with the rest of the supply will guarantee that bitcoin remains fungible by eliminating censorship as there will always be miners that hold the belief that Satoshi's coins must be free and it is an inspiring idea to rally around even if outnumbered. If we can guarantee in this way that all coins are spendable then that is what will truly make bitcoin fungible.
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lunchnet 2 years ago
The only time #Bitcoin will raise its block size is at the advent of the quantum computer in order to allow users to expeditiously move their coins to quantum resistant addresses. And it will only increase then on to stay ahead of ever more powerful quantum computers therefore necessitating ever longer signatures to stay secure.