lets just go back to using ftp and gopher sites.

a self custodial routing lightning channel is equivalent to real estate in NYC in 1940

Reminder to all, that all the fancy contract things we can come up with on Bitcoin (for example Lightning) where the idea is to leverage the trustminimizing properties, will make higher value transactions cheaper, they wont make low value transactions possible; because the trust minimizing guarentees on an interaction rely on onchain transactions.

Plebs get rekt, you only have business onchain if you can afford to bribe a miner.

You will trust and you will be happy.

hashcash

bitmessage

parallelcoin

litecoin

need i say more?

there is probably hundreds of examples of projects that failed to make use of PoW and only one that succeeded

also don't "bruh" me you are an idiot and my only sibling is not an idiot

hashcash

bitmessage

parallelcoin

litecoin

need i say more?

there is probably hundreds of examples of projects that failed to make use of PoW and only one that succeeded

also don't "bruh" me you are an idiot and my only sibling is not an idiot

bruh it's just a bad argument. 99.99% of open source projects fail for one reason or another. it's dumb to claim that the reason bitmessage didn't take off was because it used pow that wasn't Bitcoin.

i also have to lmfao about the fact that a python server got remote owned like this

i don't think that's what killed the protocol per se but i suspect that someone found a way to beat the "spam resistance" of ... chuckle ... python proof of work... yeah that would have been hard lol

nostr:note1vykpcz0wvfrcs5rjhvsf2jgrkjml5vh08vnsapwup5p0f7yg0anssrsyqs

Lightning is very much living, it is more alive than any mailing list or Twitter post about scaling bitcoin. It has 100k+ channels over 5 years of main net, btc-at-risk miles on it.

We know the flaws of lightning intimately because we’ve been using it, and testing it and improving it.

X miracle bitcoin scaling solution is in fantasy land and due to not existing at any scale is as good as dead. They’re fun to think about though.

have you actually read about the history of hashcash and bitmessage?

i'm gonna keep saying this until the end of time:

proof of work can only work for one network in the whole world: #bitcoin

i just gladly shed another 4 follows this evening

they literally religiously believe that proof of work can be used for anything other than bitcoin

really?

so you think that proof of work can antispam something else?

research bitmessage

every bitcoin fork

explain to me how exactly SHA256 mined coins have done anything but fallen into obscurity please?

Where is utxo.one and his meat pictures?

also, "it's obviously false" is a lot less strong than:

it's false because

a.

b.

c.

you haven't even researched the subject and you think you can wave it away like a jedi mind trick...

"mobility of hashpower"

what this means is that if there is multiple ways to spend hashpower, it will go to the most valuable

please go meditate upon this concept for a few minutes at least before you try to write an expert rebuttal?

super pleased to be fighting the plebs about proof of work

there is only one proof of work

bitcoin

all else is going to be pwned

i could explain why but you all are so attention deficit you wouldn't catch it

We have more with fewer bits, but I think this one is legit random chance. 🐶🐾🫡