Replying to Avatar goodcharity

Care to give us a hint what you think is happening?
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AJ Nobody ⚡🏴 2y ago

I'll do one better.

Here's the executive summary:

- Bitcoiners are arguing about the wrong enemy.

- Images aren't causing the high fees; BRC-20 shitcoins are.

- This is fueled by VC money, and the BRC-20 payday breaks normal fee-market incentives.

- The problem is getting worse, not better.

- We have ways to dig deeper; let’s work together.

- There are possible “solutions” that don’t break Bitcoin.

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average_bitcoiner 2y ago

nostr:npub1mxrssnzg8y9zjr6a9g6xqwhxfa23xlvmftluakxqatsrp6ez9gjssu0htc has Sophon that can destroy BRC-20

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AJ Nobody ⚡🏴 2y ago

I like Rijndael. He's in it for the tech from what I see. Hangs out with some real scummy people sometimes though.

Got a link so I can learn more?

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AJ Nobody ⚡🏴 2y ago

I slept on this. Wasn't aware.

Finding some context clues on DedBird, but I'd love a great explainer by Rijndael himself if anyone has one.

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average_bitcoiner 2y ago

To my understanding Sophon watches the mempool to front run any BRC20 and mints just one of whatever the token is supposed to be.