Nostr Web Client

i've done deep analysis on the game theory of bitcoin. it's my opinion that it isn't the end of the story, and that it is being (and has been for some time) attacked to compromise it to mutate it into a CDBC USD. segwit, taproot, covenants, bitcoin core filter policies, and the whole twitter-fiat-bitcoin-influencoor complex, IMO they are all part of an attempt to subvert it.

IMO, there is a huge array of lessons we can learn from the history and events of the chain, and that with this in hand, a better protocol will be made, one that eliminates the conflict between users/miners/custodians and exploits web of trust and adversarial oracle principles, and designs that allow ossification for lightning and the whole protocol without the block size problem, and makes it very hard to fork, soft, or hard.

i still need to polish the design further but i will be implementing it. it uses an un-optimizable proof function based on long division (only CPUs do this well) and some other things. oh yeah, might as well drop the link.

when i look at bitcoin's state right now, with USG adoption imminent, all i see is a repeat of the same thing i witnessed in several music-oriented subcultures i was part of over the years. the normies are coming, and they will turn it into fiat. so, i want to at least do what i can to prepare a way to escape from that into a system that is specifically designed to not allow any of the compromise strategies i see being applied.

https://git.mleku.dev/mleku/jericho/src/branch/dev/Jericho%20Consensus.md

it's based on the polycentric law system of ancient Jericho, a city that has 9000 years of evidence of absence of a centralised government.

specifically, money has a big problem without a universally trusted oracle, like we see with central banks. fixing this problem and creating security and maintaining vigilance without causing fatigue on participants is critical to eliminating the tendency to centralize.

i hope i am wrong about the compromise i see coming, but i wouldn't want to have people not pay attention. it was that substack article which pointed out the "mexican standoff" structure of the game theory that started me rolling on this.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 3w ago

ɪ ᴀᴍ ɴᴏᴡ ᴄᴏɴꜱɪᴅᴇʀɪɴɢ ᴅɪᴀʟɪɴɢ ʙᴀᴄᴋ ᴛʜɪꜱ ᴘʀᴏᴊᴇᴄᴛ ᴛᴏ ᴛʜɪꜱ:

- ɢᴇɴᴇꜱɪꜱ ʙʟᴏᴄᴋ ᴀɴᴅ ᴀʟʟ ᴅᴀᴛᴀ ᴜᴘ ᴛᴏ ᴛʜᴇ ʙʟᴏᴄᴋ ᴛʜᴀᴛ ᴀᴄᴛɪᴠᴀᴛᴇᴅ ꜱᴇɢᴡɪᴛ ɪꜱ ᴘᴀʀᴛ ᴏꜰ ᴛʜᴇ ʜɪꜱᴛᴏʀʏ, ɪɴ ᴄᴏᴍᴘʟᴇᴛᴇ ꜰᴏʀᴍ, ɴᴏᴛ ʙᴜɴᴅʟᴇᴅ ɪɴᴛᴏ ᴀɴ ɪɴɪᴛɪᴀʟ ɢᴇɴᴇꜱɪꜱ ᴄᴏɴᴛᴀɪɴɪɴɢ ᴛʜᴇ ᴜɴꜱᴘᴇɴᴛꜱ. ꜱᴏ ɪᴛ'ꜱ ᴛʜᴇ ꜰᴜʟʟ ʜɪꜱᴛᴏʀʏ ᴜɴᴛɪʟ ᴛʜᴇ ᴍɪꜱᴛᴀᴋᴇ

- ᴀꜱ ᴏꜰ ᴛʜᴀᴛ ᴘᴏɪɴᴛ, ᴛʜᴇ ꜰᴏʟʟᴏᴡɪɴɢ ᴛʜɪɴɢꜱ ᴄʜᴀɴɢᴇ:

- ᴘʀᴏᴏꜰ ᴏꜰ ᴡᴏʀᴋ ɪꜱ ᴄʜᴀɴɢᴇᴅ ᴛᴏ ᴀ CPU ʙᴀꜱᴇᴅ PᴏW ᴛʜᴀᴛ ᴜꜱᴇꜱ ʟᴏɴɢ ᴅɪᴠɪꜱɪᴏɴ ᴛᴏ ᴘᴇʀꜰᴏʀᴍ ᴀ ᴍᴇᴍᴏʀʏ ʜᴀʀᴅ ᴇxᴘᴀɴꜱɪᴏɴ ꜰᴏʟʟᴏᴡᴇᴅ ʙʏ ᴀ ꜱᴛᴀɴᴅᴀʀᴅ ꜱʜᴀ256 ʜᴀꜱʜ - ᴛʜɪꜱ ᴘʀᴇᴠᴇɴᴛꜱ ᴍɪɴᴇʀ ꜱᴘᴇᴄɪᴀʟɪꜱᴀᴛɪᴏɴ ᴀɴᴅ ɪɴᴄʀᴇᴀꜱᴇꜱ ᴛʜᴇ ᴘᴇʀ-ʜᴀꜱʜ ᴇɴᴇʀɢʏ ᴄᴏꜱᴛ ᴀꜱ ᴡᴇʟʟ ᴀꜱ ᴀᴄǫᴜɪʀɪɴɢ ᴛʜᴇ ʜᴀʀᴅᴡᴀʀᴇ, ᴡʜɪᴄʜ ᴘɪᴛꜱ ɪᴛ ᴀɢᴀɪɴꜱᴛ ᴛʜᴇ ɢᴇɴᴇʀᴀʟ ᴍᴀʀᴋᴇᴛ ɪɴ ᴄᴘᴜꜱ, ɪɴꜱᴛᴇᴀᴅ ᴏꜰ ʙᴇɪɴɢ ᴘᴀʀᴀʟʟᴇʟɪᴢᴀʙʟᴇ ᴀɴᴅ ᴏᴘᴛɪᴍɪᴢᴇᴅ ꜰᴏʀ ʜᴀʀᴅᴡᴀʀᴇ, ᴛʜᴇʀᴇ ɪꜱ ɴᴏ ꜰᴀꜱᴛᴇʀ ʟᴏɴɢ ᴅɪᴠɪꜱɪᴏɴ ᴀᴠᴀɪʟᴀʙʟᴇ ᴀꜱɪᴅᴇ ꜰʀᴏᴍ ᴀ 64 ʙɪᴛ ᴄᴘᴜ

- ᴏᴘ_ʀᴇᴛᴜʀɴ ᴀɴᴅ ᴀɴʏ ᴏᴛʜᴇʀ ᴅᴀᴛᴀ ʀᴇʟᴀᴛᴇᴅ ɪɴꜱᴛʀᴜᴄᴛɪᴏɴꜱ ᴀʀᴇ ʀᴇᴍᴏᴠᴇᴅ

- ᴅᴇɴᴏᴍɪɴᴀᴛɪᴏɴ ꜱᴡɪᴛᴄʜᴇꜱ ᴛᴏ 128 ʙɪᴛ ꜰɪxᴇᴅ, ꜱᴀᴍᴇ ꜱᴜᴘᴘʟʏ ᴛᴀʀɢᴇᴛ ɪɴ ᴡʜᴏʟᴇ ɴᴜᴍʙᴇʀ ᴛᴇʀᴍꜱ, ʙᴜᴛ ᴜꜱɪɴɢ ᴀɴ ᴇxᴘᴏɴᴇɴᴛɪᴀʟ ᴅᴇᴄᴀʏ ᴛʜᴀᴛ ʟᴏᴡᴇʀꜱ ᴛʜᴇ ʀᴇᴡᴀʀᴅ ʙʏ ᴀ ᴘʀᴇᴄɪꜱᴇ ᴀᴍᴏᴜɴᴛ ᴀᴛ ᴇᴠᴇʀʏ ʙʟᴏᴄᴋ

- ʙʟᴏᴄᴋ ꜱɪᴢᴇ ɪꜱ ꜱʟᴏᴡʟʏ ɪɴᴄʀᴇᴀꜱᴇᴅ, ʙʏᴛᴇ ʙʏ ʙʏᴛᴇ, ᴜꜱɪɴɢ ᴀɴ ɪɴᴠᴇʀꜱᴇ ᴛʏᴘᴇ ᴏꜰ ᴄᴜʀᴠᴇ ᴛʜᴀᴛ ꜱʟᴏᴡʟʏ ᴀᴄᴄᴇʟᴇʀᴀᴛᴇꜱ ᴜᴘ ᴛᴏᴡᴀʀᴅꜱ 16ᴍʙ ᴏᴠᴇʀ ᴀ ᴘᴇʀɪᴏᴅ ᴏꜰ ~25 ʏᴇᴀʀꜱ, ᴛᴏ ᴀᴄᴄᴏᴜɴᴛ ꜰᴏʀ ᴛʜᴇ ɴᴇᴇᴅ ᴏꜰ ʟɪɢʜᴛɴɪɴɢ

- ꜰᴜʟʟʏ ᴄᴏɴꜰɪɢᴜʀᴀʙʟᴇ, ᴘʟᴜɢɪɴ-ᴇɴᴀʙʟᴇᴅ ᴍᴇᴍᴘᴏᴏʟ ꜰɪʟᴛᴇʀ, ᴡɪᴛʜ UI ɪɴ ᴛʜᴇ GUI ᴛᴏ ᴅᴇᴄɪᴅᴇ ᴡʜᴇᴛʜᴇʀ ᴀ ᴛʀᴀɴꜱᴀᴄᴛɪᴏɴ ᴡɪʟʟ ʙᴇ ᴘʀᴏᴘᴀɢᴀᴛᴇᴅ

- PID ᴄᴏɴᴛʀᴏʟʟᴇʀ ʙᴀꜱᴇᴅ ᴅʏɴᴀᴍɪᴄ ᴅɪꜰꜰɪᴄʟᴛʏ ᴀᴅᴊᴜꜱᴛᴍᴇɴᴛ ᴡɪᴛʜ ᴍᴜʟᴛɪᴘʟᴇ ꜱᴀᴍᴘʟɪɴɢ ʀᴀᴛᴇꜱ ꜰʀᴏᴍ ~1 ʏᴇᴀʀ ʏᴇᴀʀ ᴏꜰ ᴅᴀʏꜱ, ᴄᴏᴍʙɪɴᴇᴅ ᴡɪᴛʜ ᴀ ʜᴏᴜʀʟʏ ᴀᴠᴇʀᴀɢᴇ ꜰᴏʀ 30 ᴅᴀʏꜱ, ᴀɴᴅ ᴛʜᴇ ꜱᴛᴀɴᴅᴀʀᴅ 2160 ʙʟᴏᴄᴋꜱ, ᴡɪᴛʜ ᴘʀᴏᴘᴏʀᴛɪᴏɴᴀʟ, ɪɴᴛᴇɢʀᴀʟ ᴀɴᴅ ɴᴏɪꜱᴇ-ꜰɪʟᴛᴇʀᴇᴅ ᴅᴇᴛᴇʀᴍɪɴɪꜱᴛɪᴄ ꜰɪxᴇᴅ ɪɴᴛᴇɢᴇʀ ᴅᴇʀɪᴠᴀᴛɪᴠᴇ. ᴛʜɪꜱ ᴘʀᴇᴠᴇɴᴛꜱ ʙᴜʀꜱᴛꜱ ɪɴ ᴅɪꜰꜰɪᴄᴜʟᴛʏ ᴀᴅᴊᴜꜱᴛᴍᴇɴᴛ ᴄᴀᴜꜱᴇᴅ ʙʏ ᴀ ꜱᴘɪᴋᴇ ɪɴ ᴇɪᴛʜᴇʀ ᴅɪʀᴇᴄᴛɪᴏɴ ᴏꜰ ʜᴀꜱʜʀᴀᴛᴇ ɪɴ ᴀ ꜱʜᴏʀᴛ ᴛɪᴍᴇ ᴘᴇʀɪᴏᴅ

Reply to this note

Please Login to reply.

Discussion

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 3w ago

ɪ ꜰᴏʀɢᴏᴛ ᴏɴᴇ ᴛʜɪɴɢ:

ᴀᴅᴅʀᴇꜱꜱᴇꜱ ꜱᴡɪᴛᴄʜ ᴛᴏ 256 ʙɪᴛ ʜᴀꜱʜ ᴏꜰ ᴛʜᴇ ꜱᴄʜɴᴏʀʀ ᴘᴜʙᴋᴇʏ. ꜱɪɢɴᴀᴛᴜʀᴇꜱ ᴀʀᴇ ꜱᴄʜɴᴏʀʀ, ᴀɴᴅ ᴄᴀɴ ᴛʀᴀɴꜱᴘᴀʀᴇɴᴛʟʏ ʙᴇ ᴍᴜꜱɪɢ2 - ᴛʜɪꜱ ɪꜱ ᴄʀɪᴛɪᴄᴀʟ ꜰᴏʀ ᴛʜᴇ ᴍᴀʟʟᴇᴀʙɪʟɪᴛʏ ᴘʀᴏʙʟᴇᴍ ᴏꜰ ᴇᴄᴅꜱᴀ

ɪᴛ ɪꜱ ɴᴏᴛ ᴀ ᴠᴇʀʏ ᴅɪꜰꜰɪᴄᴜʟᴛ ᴊᴏʙ, ᴡɪᴛʜ ᴛʜᴏꜱᴇ ᴍɪɴɪᴍᴀʟ ᴄʜᴀɴɢᴇꜱ, ʙᴜᴛ ɪ ᴡɪʟʟ ʙᴜɪʟᴅ ɪᴛ ᴏɴ ᴛᴏᴘ ᴏꜰ ʙᴛᴄᴅ, ᴡɪᴛʜ ᴀʟʟ ᴛʜᴇ ᴏᴘᴛɪᴍɪᴢᴀᴛɪᴏɴꜱ ɪ ᴄᴀɴ ᴍᴜꜱᴛᴇʀ, ᴇᴠᴇɴᴛᴜᴀʟʟʏ ɪ ᴡɪʟʟ ᴄʀᴀᴄᴋ ᴛʜᴇ ɢʟᴠ/ꜱᴛʀᴀᴜꜱꜱ/ᴡNAF ᴏᴘᴛɪᴍɪᴢᴀᴛɪᴏɴ ʟᴀᴛᴇʀ, ʙᴜᴛ ꜰᴏʀ ɴᴏᴡ, ᴍʏ ꜰᴀꜱᴛᴇʀ 64 ʙɪᴛ ʟɪᴍʙ ꜰᴏʀᴋ ᴏꜰ ʙᴛᴄᴇᴄ. ᴛʜᴇ ɢᴜɪ ᴡɪʟʟ ʙᴇ ʙᴜɪʟᴛ ᴜꜱɪɴɢ ᴡᴀɪʟꜱ ᴡʜɪᴄʜ ɪꜱ ʙᴀꜱᴇᴅ ᴏɴ ᴀ ᴡᴇʙᴠɪᴇᴡ ᴀɴᴅ ᴜꜱᴇꜱ ꜱᴛᴀɴᴅᴀʀᴅ ᴊᴀᴠᴀꜱᴄʀɪᴘᴛ. ᴛʜᴇ ᴍɪɴᴇʀ ᴡɪʟʟ ᴀʟꜱᴏ ʙᴇ ᴘᴀʀᴛ ᴏꜰ ᴛʜᴇ ɴᴏᴅᴇ, ᴀɴᴅ ɪᴛ ꜱʜᴏᴜʟᴅ ᴀʟꜱᴏ ɪᴍᴘʟᴇᴍᴇɴᴛ ᴘʀᴜɴɪɴɢ