BITCOIN CONSENSUS IS NOT DICTATED BY TWITTER. WILL NOT UPDATE ANY OF MY NODES TO SUPPORT OP_CAT. WILL TREAT ANY ATTEMPT TO PUSH THROUGH ACTIVATION AS HOSTILE.

Replies (86)

I don’t get the fear. Bitcoin script is sandboxed in memory (520) and compute (5 sec). No OPs could possibly harm the network. So what’s wrong?
If OP_CAT is being heavily encouraged by the Ordinals crowd, bad actors in the Bitcoin space, and people wanting to do it "for the memes" it's absolutely 100% going to be a no from me, dawg.
Yes, but it would be a soft fork, so we would need to do more than just not update.
You are the beacon! We listen to your take on almost everything freedom tech! Even in the jungle. Freedom is a path less travelled by most 🙏
IBD has taken too long for awhile now. ZK rollups are a real solution. 5s is just meant to mean “way to long” for any computer, 5000ms is an eternity.
Point taken. But then miners couldn’t verify such a block in 10 minutes either, so it would never be added.
Noderunners are more important now than ever.
ODELL's avatar ODELL
BITCOIN CONSENSUS IS NOT DICTATED BY TWITTER. WILL NOT UPDATE ANY OF MY NODES TO SUPPORT OP_CAT. WILL TREAT ANY ATTEMPT TO PUSH THROUGH ACTIVATION AS HOSTILE.
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Emery's avatar
Emery 1 year ago
Do you have a podcast episode covering this topic? I’m not well informed on this issue.
Thats not true at all if that were true segwit 2x would have easily been included into the chain, the sad truth for morons who don't understand how Bitcoin works is that economic nodes control Bitcoin not mining nodes. And the economic nodes are made up of a decentralized majority of long term hodlers who dont like to pass through bullshit because some centralized dev team told them to.
WE SHOULD ALL SAY FUCK THAT TO OP_CAT
ODELL's avatar ODELL
BITCOIN CONSENSUS IS NOT DICTATED BY TWITTER. WILL NOT UPDATE ANY OF MY NODES TO SUPPORT OP_CAT. WILL TREAT ANY ATTEMPT TO PUSH THROUGH ACTIVATION AS HOSTILE.
View quoted note →
Ademan's avatar
Ademan 1 year ago
Denial of service is only one problem, perverting miner incentives with MEV is THE problem imho. More importantly, OP_CTV opens up all sorts of possibilities, with none of these concerns.
OP_CAT + OP_CTV = recursive #covenants = immutable on-chain KYC for #Bitcoin Seriously, who can be in support of this?
I am sad to hear that. As Andrew Poelstra says OP_CAT (with added limitations to fix the issues why it was disabled by Satoshi), is probably one of the smallest and safest soft forks we can do. It is just a few lines of code. If we can't do even this, it's very bad. We have to overcome the ptsd trauma from segwit activation drama.. All these recently proposed opcodes are MUCH smaller scope of changes that Taproot or Segwit softforks. And we can't frweez development of L1 of we want to support self custody for more people. It's either L1 continues to develop of custody solutions for most users.
The ordinals people are running nodes. They are quite motivated and I’ve heard 1000 new node runners have come directly from it.
From my know nothing eyes seems like a gateway to CBDC attributes- on top of bitcoin(?) OP CAT (?): ‘agreements built into your Bitcoins, ensuring they can only be spent under specific conditions – like only after a certain date or to a particular address’ This 👆🏼already exists within certain fiat circles - and in my direct experience - is a nightmare. Some things can’t be fixed. Hard NO
Nailed it on PTSD. The outrage against OP_CAT is out of proportion relative to the scope of the change. But at this point it’s tribal warfare. Doubtful it will get a fair hearing.
Every address encodes spending conditions. Typically the condition is “can sign”. When you make a wallet, you opt into whatever conditions you want to put on those addresses. Single sig, multisig, timelocks, etc. Providing more script functionality doesn’t change this. You still opt into whatever conditions you want for addresses you make and give out.
Brian's avatar
Brian 1 year ago
Intrinsic value adds noise to pure price signal
No it's not, it's important context that many people don't know. Compared to segwit and Schnorr that were huge. You can reason much more easily about small code change. Of course that itself doesn't make it safe, but it is important to know this.
odell signaling support for team slow steady, prefers bip300 drivechains to op_cat drivechains:
ODELL's avatar ODELL
BITCOIN CONSENSUS IS NOT DICTATED BY TWITTER. WILL NOT UPDATE ANY OF MY NODES TO SUPPORT OP_CAT. WILL TREAT ANY ATTEMPT TO PUSH THROUGH ACTIVATION AS HOSTILE.
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Interesting… First reply ever with context for understanding…appreciate you!
dackdel's avatar
dackdel 1 year ago
Gonna hack your node and update it to include op_cats like this one image
So the bad actor just need to promote good proposals in an ugly way to DDOS bitcoin development? Is it that easy?
Lyn Alden's avatar
Lyn Alden 1 year ago
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They motivated and they believe in what they’re doing, which sounds absurd to me, but they are getting it together and running Bitcoin. What the hell are we doing?
Some would be wrong. All value is subjective. The amount of energy and depreciating capitol miners are willing to apply to generating bitcoin, plus a small margin, dictates the sale price of new coins.
@ODELL Hearing you with bitcoin design talk about how you don't discuss or put energy into soft forks that aren't merged. Why this comment then?
ODELL's avatar ODELL
BITCOIN CONSENSUS IS NOT DICTATED BY TWITTER. WILL NOT UPDATE ANY OF MY NODES TO SUPPORT OP_CAT. WILL TREAT ANY ATTEMPT TO PUSH THROUGH ACTIVATION AS HOSTILE.
View quoted note →
Do you have any fucking idea what code is or are you yet another wannabe cypherpunk in this god awefull space?