New HRF report
Research by Alex Li
Many thanks to Presidio Bitcoin and Chaincode Labs for their work in this area
Something big to think about for the future
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Replies (21)
Bitcoin does not have a scaling challenge in my honest opinion.
How about your dishonest opinion?
😅 it doesn’t exist
Neither do I. Have a great weekend.
@npub17xvf...c9as and @gladstein are thanking Chaincode Labs which has damaged bitcoin more than anyone through shitcoin core.
Feel free to read this report but take everything with the grain of salt.
If we didn't have Chaincode Labs then we wouldn't be fighting with commie core devs.
Chaincode Labs is one of the biggest attack vectors for bitcoin which needs to be DESTROYED asap.
END THE SHITCOIN CORE
SUPPORT BIP444
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Was a fantastic read!
What about the unintended consequences of inevitable use of AI, to develop the quantum cryptographic resistant algorithm?
Pretty wild 😳
Chaincode lab, no thanks.
I'm more concerned about the Chaincode Labs Threat to bitcoin.
The (fiat) pre-Bitcoin model of physics is winning the narrative war 😔
I'm skirt rn
Right cuz we all just trust the custodians... Great so cool.
There are multiple infrastructures you can use. It’s up to you.
I don’t buy ETFs or Strategy shares either.
I also use LN and Liquid Bitcoin alongside on-chain Bitcoin transactions. 🤷🏻♂️
You have a choice. That’s all.
You realise the supply cap of 21million only works if you aren't trusting a custodian that will inevitability rehypothicate the supply.
No, they can’t. You and everyone else can create any derivatives you want.
You can’t print Bitcoin, but you can print paper. It’s not the same.
True peer-to-peer payments were never meant to be only individual-to-individual or consumer-to-consumer, they’ll always be consumer-to-business (C2B).
It’s inevitable that a wide range of society will adopt Bitcoin.
Bitcoin won’t change just because someone has an opinion about it.
If i have to trust a custodian i'd rather use gold and paper. Then i don't have to worry about knots/core
So you don’t use a custodian with Bitcoin. Where’s the limitation? Maybe some people will use Bitcoin banks, so what? :)
That only work for so long as fees are low and fees being low forever is an existential threat to the network security of bitcoin.
No, not really. I bet mining in 2032 will be almost twice as profitable as it is now, even after two halvings.
And what if it becomes 40% less profitable to mine Bitcoin? So what? We’ll drop to 600 EH/s because the system will simply adjust its difficulty.
Bitcoin doesn’t need 1,000+ EH/s of computational power — mining firms just want to mine harder.
Well that makes the feea go high anyways then just of the 1sat/vbyte default