How Burak explained Ark to me

How the lightning network works

The average number of contracts processed per day on robosats, since its inception in 2022, is 15. Today they processed 137 contracts. Robosats is running hot today. robostats.supertestnet.org

If you ever feel like your product or service would lose users by providing them with the truth (informed consent), stop and reflect. Honesty is only in conflict with adoption among scammers. If you ever feel that tension, sacrifice adoption, and keep being honest.

A project in 2018 called Webcoin built a bitcoin browser wallet in SPV mode Details here:

GitHub

GitHub - mappum/webcoin: :globe_with_meridians::moneybag: SPV Bitcoin client for Node.js and the browser

:globe_with_meridians::moneybag: SPV Bitcoin client for Node.js and the browser - mappum/webcoin

To talk to bitcoin nodes, it relied on a TCP->Websocket proxy called Webcoin Bridge Details here:

GitHub

GitHub - mappum/webcoin-bridge: :bridge_at_night: Bridge connections from the Websocket/WebRTC network to the TCP network

:bridge_at_night: Bridge connections from the Websocket/WebRTC network to the TCP network - mappum/webcoin-bridge

Is anyone running that bridge anymore?

We just entered a new signaling window for bip110 There are zero pro-bip110 blocks in this window so far

Red Blocks

Connector Swaps mentioned Thanks for the graphical presentation of them, sir! View article →

A layer two (aka "second layer") is a service where users can send their bitcoins and then transact on the service with reduced impact on bitcoin's blockchain, where users can withdraw their bitcoins by getting one or more bitcoin transactions confirmed. It is not a second layer if, without changing bitcoin's consensus rules or using a 51% mining attack, a group of one or more third parties, and/or the service itself, can render any user's ability to withdraw invalid.

The first BIP110 block has been mined

Red Blocks

Now things get fun redblocks.supertestnet.org

I think I found an unexpected problem with the most liquid BIP110 prediction market. It defines the "Yes" condition based on a mix of timestamp ("11:59:59 PM") and blockheight ("the BIP-110 activation point"). But since those are not always in sync on bitcoin, there's a chance that we simply haven't reached that blockheight yet when we reach the timestamp when the measurement is supposed to happen. In that case, the Yes condition would obtain unexpectedly: if we are only at block 965660 at the timestamp, instead of 965664, then -- at the time of measurement -- there won't be any "blocks that violate BIP-110 constraints" from BIP-110's activation height forward...but only because we haven't reached that blockheight yet. So a person who thinks BIP110 won't activate might find it reasonable to bet Yes anyway, because even if BIP110 never gets enforced, you can still win if blocks just get slower than we currently expect them to. Link to the market:

Predyx | Bitcoin Prediction Markets

Will BIP-110 activate and be enforced on Bitcoin by Sept 1 - 7, 2026?

Definition of ActivationAmendment due to logic:Check for violations after 64 blocks after the activation block, which is 965664. That block is curr...

Click "Show More" under "Description" to see what I mean.

My latest invention is Forkalicious: a contentious fork visualizer. The website creates three characters, Alice, Bob, and Carol. Alice runs a "standard" bitcoin node that ignores the BIP110 soft fork. Bob runs a node that enforces the BIP110 soft fork. Carol runs a node that rejects the BIP110 soft fork. Then you pick how many miners enforce the rules of BIP110, from 0% to 100%. Then you generate blocks based on that assumption, and see how the blockchain looks on Alice's node, Bob's node, and Carol's node. Try it here:

Forkalicious

Video demo: