#asknostr
#btc #devs #miners whoever the fuck may be able to stop or mitigate the ordinal ddos attack, take this shit serious. We are at war, time to fucking start acting accirdingly. Btc is NOT utopia in and of itself. Complacency is NOT an option and just because you got you LN set up and can afford fees dont mean we all can. You for the plebs or have you become the elitist you claim to hate? Those who can, get to fucking work.
Fixed block size bro. Bitcoin was running straight at that wall before Ordinals tripped it.
Censoring ordinals won't "fix" block scarcity, it just kicks the can down the road.
Absent some drastic hard fork, the solution has to via L2.
This is not idiots and ordinals. This is a coordinated attack. And L2 dont mean shit if people cant afford to open a channel. Like I said I dont know the resolution, but this is not going away. The money masters have unlimited fiat to keep paying top dollar for jpeg and dust. Its stopping most from any tx and the high fees will turn of newbs. Its using btc against itself
If they keep paying for jpeg and dust it drives the bitcoin price up as well, eventually.
I think Ocean has the right attitude. A uniform block consist helps the attack. Miners that are customer focused and want to see more transactions and less jpeg is part of the solution.
there is nothing wrong with discrimination against nonsense, at least some of the time, it lets the backlog of actual transactions clear.
You are saying this from an organic ordinal perspective. The money masters who are clearly running this have unlimited funding to keep fees out of reach.
the fees are limited by the market cap of bitcoin. at any given moment there is a finite amount of fiat even if it is continuously increasing. bitcoin's price tends to track, eventually, the increase in the supply of fiat, thus it is a hedge against money printing, and a store of value.
any attack they mount has a limited lifespan that only holds until the next adjustment that brings bitcoin's price to or above the corresponding change in fiat supply. at that point, their attack becomes uneconomic, and they stop.
that's the reason why it's not nonstop.
if they focused on keeping it high they would inevitably also raise the price of bitcoin, and that then counters their continuance. The more they try, the worse they make it for themselves, and everyone who isn't transfering their bitcoin around is grinning.
Cope harder. Nobody is paying 1000s for jpegs for weeks kn end
The fiat money masters have unlimited funding.
block scarcity is a feature not a bug. it ensures that the chain can be hosted by anyone right down to the bottom of the economic ladder.
Holy fucking shit. I clearly said they turned the feature into a bug.
they, the spammers?
do you think we can negotiate with them any other way than "gib moar fiats per sat?" they are unreasonable from the outset of the venture. they just want to cause problem. THEY are the bug.
also, increasing block size will lower the fee per byte but the attackers will just increase the bytes per jpeg.
The solution needs to come from L2...
yep, we have LN, RGB, Liquid, and there is Ark, there is Fedimint, and there will be more still.
Dont help newbs and us poor trash
spending the sats cheaply isn't going to make you richer. not spending the sats will.
i know it's a pain but just keep your spending in fiat and there's no problem for you. Whatever you think you need to spend, double that and pull it out as cash and don't touch the rest.
That has nothing whatsoever to do with my point.
your point is to promote the idea of changing the protocol to defeat the scammers while not introducing another vulnerability that IS protocol based and not based on human vulnerabilities? That's not an easy ask. You have to persuade the miners to adopt it or it's irrelevant, for a start. Their neutrality is part of how this protocol works, so they don't care what's in the blocks. They don't care about the use case of payments either, which is really not what a blockchain is for anyway.
My point is this is an attack by the money masters who have unlimited fiat to continue this as long as they choose. And until people look at it that way instead of overdosing on copium by saying this is a good thing, it will continue
Clearly you are not getting my point, nor is anyone else who keeps acting like this is just idiots and jpegs. The cult mentality is fucking sickening. Btc is not god.
If its not permisionless and uncensored its not bitcoin. Base chain was not built to settle transactions for 8 billion people. Fees were always going up to replace miner subsidies.
Devs are working on it via layer 2.
Be a part of the solution 🫶
I am sounding the alarm to those who can create a solution. Im a Messenger, not a dev
But ser the pleb alarmists have been blaring for 10 days. Better to be a newbie dev than a megaphone for angst. Why not start your dev journey if you love Bitcoin?
Im not a pleb alarmist but very nice of you to talk down to me
Not looking for a nemesis. I dont know your story or background in bitcoin. I didnt call you anything, but your defensiveness and self assingment here is worth evaluating.
The alarms have been blaring with few putting forth tangible solutions, instead demands on the builders.
Broad strokes what do you think miners or devs should do to stop folks from using a permissioned and uncensored protocol the way they see fit?
I already stated I dont knoe the resolution. But ignoring this sttack will not stop it
Builders are not ignoring. Ive listed a few below who arent skipping a beat on onramp and payments.
For payments buy on strike or relai, send to non-custodial mutiny lightning wallet. Send and receive sats for next to nothing. Use AmbossGhost Address to create LN address and paste that human readable address whereever you want to receive instantaneous payment to your lightning wallet. When you've accumulated enought sats on lightning you can send to base chain and secure with collab custody multi sig with nunchuck or casa (shout out nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp) or diy with electrum or sparrow. Securing with a cold card or bitkey both of which are actively pushing firmware updates and features.
Builders are building. The devs are working. Support them with donations, moral support, or constructive ideas.
Indeed we are likely past the point where folks can buy coffee on chain. But The base chain is of the most scarce resources on the planet and therefore our known universe. It is bedrock on which yet to be imagined use cases willbe built. Imagine seeing the formation of the earth. How many billions of years before single cell organisms. How many more billions before multi cell. Now imagine what things would look like if anything but time and survival dictated what made it.
https://relai.app/relai-lightning-wallet/
https://www.sparrowwallet.com/
Shoutout to all the builders
#Bitcoin
When or where did I even almost lead you to believe I dont know all this? None of it is relevant to the fact that this is clearly an attack on bitcoin. That is my point. And my only point.
I said I have no idea what to do about it. But this is fucking attack on bitcoin. Its not idiots buying jpegs.
for some time a lot of work has been going into developing payjoin p2p network coordination systems. Two of the main devs working on this are constantly and loudly fighting each other and neither of their solutions work very well.
It's a hard problem to solve trustlessly. Everything so far has some weakness in this regard. Big blockers are going to be actively promoting the attack because it presents an "argument" in favour of their favourite solution.
I understsnd its not an easy solution. That is why I am being annoyingly repetitive about this. I know nobody has any reason to listen to me, but btc is under attack and ignoring it will not make it go away.
As long they can pay the fee, they can use the blockspace as they want. Until ordinals will be profitable, we have to deal with them.
Is this concerning? It may be, we are all pioneers and this is another rough stone in our path. Censor and change the res MUST not be the solution. Even bad actor must use the network if they are following the rules
What we can do is use this for understand how mitigate future events like that (because this will not be the first ones)
