“We fucked it up by not listening to Satoshi……
It’s already to late and now we’re suck…”
Yes, you said we fucked it up and now it’s too late. We didn’t and it’s not.
Discussion
Correct fucked up not broken. Fixes can be made.
Think 100y out.
Think 1000y out.
Are we making the right choices for now?
Are we making choices for 100y from now?
Are we making choices for 1000y from now?
Are we here to get rich or change the world for the better?
When someone says something is “too late” and “we’re stuck”, I interpret that as meaning it can’t be fixed. Thanks for clarifying.
We are fucking up by not allowing for sidechain scaling.
We could oassufy layer 1.
Let’s devs experiments and build cool shit on layer 2z
Stopping all this arguing and politics. Bitcoin is about freedom. We should need to ask for permission on how we wish to use our bitcoin.
🫂 ❤️💕
We should *not need to ask permission to use our bitcoin.
You mean #echash?
Sit the fuck down you deviant
I fucking love everything about nostr bitcoin and all ya Mfers.
You cannot change Bitcoin. But you can use it however you wish.
I cant but miners can soft fork
Not if the users that pay them reject their blocks
The users would have no reason to reject them, soft fork is within the current rules.
It changes the incentives of the network. And Paul being the piece of shit that he is knows there isn't network support so he is trying to go around users & appeal to miners directly. He is also screwing with precedents for updating the network which puts miners & users at odds & sews division. This whole thing is an attack purpetrated by a skeezy mf.
My point is, my node wouldn't reject the blocks. So what you're talking about is users hard forking out Paul's changes?
Yeh it’s funny. Which token will the hard forkers use?
Bitcoin with Drivechain will be using BTC.
Paul’s demeanor was a concern for me too, especially talking about a MASF and secret softforks.
I’ve listened to hours of Paul talking, and determined he is a very frustrated nerd. He has even compared Bitcoin code to Dragon Ball Z 😂
Paul never had any intention to do a "secret softfork". He told everyone this is possible, and nobody knew before he said it. The dubious thing would be to do it in secret.
I’ve come to realized a MASF is a sort of check on powers. Right now, if thousands of people want drivechains, we’re stuck with the Core developers to decide what philosophy Bitcoin should follow. Did you know Taproot was implemented with something called a "Speedy Trial"? Nobody complained about that, because the "experts" said it would be fine.
Softforks cannot kill Bitcoin. This is not something we should be concerned with. If Bitcoin is that fragile, then in the future we could be one softfork away from destroying the economy. Softforks are backwards compatible and give you the freedom to opt-out, which is the individual liberty Bitcoin provides.
There was a ton of debate over speedy trial & a bunch of people unhappy about it.
"Class of 2020 here to fix bitcoin" embarrassing takes starter pack
Studied from the greats like Adam Back, Gregory maxwell, Hal finney and satoshi who were all advocates for sidechain scaling.
Nothing wrong with sidechains. As you continue your studies, you’ll learn how Adam built a sidechain using a separate federation.
Go build your sidechain. Just don’t propose to hack bitcoin or give miners powers they don’t currently have.
Liquid is not a real sidechain because it’s federated. Even Adam Back and Sergio Lerner (inventor of the Rootstock/RSK sidechain) will admit this.
Real sidechains work peer-2-peer.
No gatekeeper. No middle men. Are merged mined with the parent chain. Fees go to those who provide the proof of work for executing the sidechain transactions not unknown federation members who can collude to steal your funds.
It seems clear to me that both drivechains and liquid use a federation. The mechanics are different but in both cases there is a group that has the power to validate transactions and who can collude and steal funds. There is no free lunch.
When you set up your sidechain you can ask the big mining companies to be in your private federation. If you trust them as drivechain validators, you should trust them as your sidechain validators. No need to hack bitcoin and change the incentives of the core protocol.
Miners can steal from lightning a channel as well. But nobody cares about that.
Only because d”rivechains are shitcoins 👿 ”
Are bch and bsv mergers mined? If not why?
I don’t think so.
Namecoin was the first merged mined altcoin.
Then Rootstock followed.
I am pretty sure litecoin also allows for merge mining with dogecoin.
I will look into Sergio Lerners old blogpost. He’s dives deep into history of merge mining blockchains.
Ugh merged mining happened so long ago now lol feels like forever.