4/12
The software really only needs to Public Key, and an address is a Public Key with extra steps.
Making it:
- safer - error correction(checksum)
- shorter - hash160
- human friendlyer - base58 encoding
Also quantum proofing as a side effect(with caveats)
3/12
The original Bitcoin client allowed sending Bitcoin to both Public Keys & Pub Key Hashes (addresses that start with 1).
Here we have the famous TX of @halfin where both he and Satoshi are using bare Public keys and NOT addresses
2/12
Instead of giving someone a #Bitcoin address you would share an IP address.
Their node would connect to yours and would ask for a Public Key.
Then they would send Bitcoins and could add a message.
You had the option to reject the TX.
If not you would broadcast the TX.
1/12
Did you know initially you could send #Bitcoin to an IP address?🤯
It was listed as the default method to send Bitcoin but now is long removed.
How did this work?
Why it was removed?
What is similar today?
🧵Thread👇
Everyone wants Bitcoin to be censorship-resistant and free until it's used for something they like.
npub1efnswxglkmwc9wf3dsd8zt64wyn6mzcc6r0fngxyxe323w0sf6pq39n575 BitcoinShop on Nostr
YOO check out the spec the Spec Ad I made for JoinMarket
Preston, with all due respect, if you dont know the difference between a soft and hard fork, i dont see any point in you weighin on such technical topics, you dont know what you are talking about.(but everyone is free to share their opinion ofc)
That being said i absolutely agree with you on this point. Dont do shit that fucks up bitcoin, and make stupid trade-offs, but this is a very nuanced thing.
Not sure you know, but bitcoin looked way different a few years ago it changed quite a bit.
Some of those changes bought risk and complexity, but also allowed us to do a lot of interesting things.
FWIW SegWit was such a change, but it payed of, we fixed maleability enabled LN and other stuffs.
I am not 100% sure drivechains is the best thing, but also i dont have a hate them, but non-technical arguments, dont really convience me.
These kind of remarks just sound like whataboutisms(its a thing).
Also nodes do not vote, that is technically incorrect.
Re libbitcoin vulnerability and stuff.
Well nostr:npub1vadcfln4ugt2h9ruwsuwu5vu5am4xaka7pw6m7axy79aqyhp6u5q9knuu7 is the technical consultant, so I dont think he will appear that much, which makes the job of stunt double even easier :D
7/7
If you want to be involved in the project in any other way, please contact us, we definitely need help.
The only requirement - you REALLY love Bitcoin!
In the next weeks, we will share more about the project, so keep an eye out!
6/7
We are also raising money.
If you are a #Bitcoin company that wants to support us GET IN CONTACT.
We will showcase your product in an interesting way in film(not just a logo) + you get to keep the video after.
5/7
Around 23 September, we will be @ @btcazores interviewing bitcoiners, on the island!
We need a camera operator!
(transportation & accommodation covered :D)
We are also looking for other roles, so if you are interested in working with us please contact me or @markgoodw_in
4/7
Why make this movie?
This is a movie that I want to see and does not exist.
I like content that forces me to think while delivering exquisite storytelling & cinematography.
Plus this is a movie that will be relevant today, tomorrow, and in 100 years.
3/7
I don't think anything like this was ever done before, but the closes thing to it would be F for Fake.
Imagine a mix between that and Some Kid of Heave and the Big Short.
I've been told by a few people that I have a style, if they were not lying expect that style. :D
2/7
Will consist of a bunch of interviews with (real) Bitcoiners intercut with intellectual montages that will explain the abstract concepts discussed.
Will cover: CoinJoins, LN, Ordinals, etc
At the end of the day this is a movie about how we use tools.
