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BigFish
34ca937f6e91550633ff4d8381b388b0cca22d212ff8e7b953f0f458cb16e915
Economics & Risk Mgmt background. In it for the future I want to live in. --> Relay: https://nostr.hifish.org

Yes, agree. Not only is the (technological) development exponential as multiple subjects converge but same is true for ideas & information, which further accelerates development.

#plebchain

Those were the good old days... ๐Ÿ˜„

#plebchain

Thanks for sharing.

Are there domain services that are decentralized? I understand that the existing domain name system is very much centralized. The eth guys have their ens service, but is there something for btc or on Nostr?

Replying to Avatar gladstein

NEW:

HRF gifts 16.5 BTC (~$455,000) via its Bitcoin Development Fund to support 12 projects worldwide

Targeting:

๐ŸŽ Scaling and privacy

๐ŸŽ Censorship-resistant comms

๐ŸŽ Education inside authoritarian regimes

๐ŸŽ Core development

๐ŸŽ Community building

Grant #1: $100,000 to Calvin Kim for his work on Utreexo, a Bitcoin scaling solution for faster verification and synchronization of Bitcoin full nodes

HRFโ€™s funding allows Kim to prepare Utreexo for a main net launch ๐Ÿš€

Grant #2: $50,000 to 0xB10C for their work on Bitcoin Core tracepoints, P2P monitoring, fork observer, mining pool observer, and Bitcoin data

Funding supports 0xB10C's efforts to monitor the Bitcoin network for anomalies, improving network security and resiliency ๐Ÿฆพ

Grant #3: $50,000 to Calle for Cashu, a free and open source protocol that enables Chaumian ecash on top of Bitcoin

The Cashu protocol conceals user balances and transaction history, offering near-perfect privacy for users of custodial Bitcoin wallets ๐Ÿฅœ

Grant #4: $50,000 to Meron Estefanos for the creation of Bitcoin Innovation Hub Uganda

The space will host local meetups and serve as a Bitcoin awareness and learning center, equipping local youth with practical skills to become sovereign individuals ๐Ÿ‡บ๐Ÿ‡ฌ

Grant #5: $50,000 to Kieran for Snort.Social, a web client of Nostr, a decentralized, censorship-resistant, open-source, social networking protocol

Snort allows users to access Nostr on web browsers, reducing reliance on app stores and centralized services ๐Ÿ“ก

Grant #6: $50,000 to Rootzoll for Raspiblitz, a do-it-yourself lightning node that can be run on a Raspberry Pi

RaspiBlitz is mainly targeted for learning how to run your own node decentralized from home - because: Not your Node, Not your Rules ๐Ÿ—ฝ

Grant #7: $25,000 to BOB Space BKK for their Thailand residency program

BOB Space BKK is a Bitcoin-only hatchery, incubator, and co-working space in Bangkok. Funding will help accelerate promising FOSS projects in Bitcoin, Lightning, and eCash protocols ๐Ÿ‡น๐Ÿ‡ญ

Grant #8: $25,000 to World Liberty Congress for the Freedom Academy, a program that equips activists with the tools, resources, and support needed in the struggle against authoritarianism

This grant supported recent financial freedom training in Zambia ๐Ÿ‡ฟ๐Ÿ‡ฒ

Grant #9: $25,000 to Hampus Sjรถberg for Blixt Wallet, a non-custodial open-source Bitcoin and lightning wallet

Funding will support Sjรถbergโ€™s efforts to improve the user experience and performance of the Blixt Wallet on iOS and Androidโšก

Grant #10: $10,000 to Nourou for Bitcoin Sรฉnรฉgal, a group that hosts meetups, creates educational content, and onboards local merchants to Bitcoin

Working in French and Wolof, Nourou helps people learn resist French monetary colonialism ๐Ÿ‡ธ๐Ÿ‡ณ

Grant #11: $10,000 to Charlene Fadirepo for the Bitcoin in Africa Show, which provides education, insights, and thoughtful conversations to deepen the understanding of Bitcoin across the African continent and beyond

Grant #12: $10,000 to Lorraine Marcel for Bitcoin DADA, a women-centric organization with contributors based in Kenya and beyond that educates African women in the Bitcoin space ๐Ÿ‡ฐ๐Ÿ‡ช

HRF is proud to support a diverse range of projects to help make Bitcoin a better global tool for human rights

Since early 2020 weโ€™ve supported 80+ projects globally with more than $2.7M

Submit proposals at devfund @ hrf dot org

Donate and learn more at hrf.org/devfund

Great news ๐Ÿ‘๐Ÿ‘

I think sunscreen can be an extra layer of protection. However, better to first 'improve" the innate sun resiliance by reducing the amount of seed oils in the diet and increase animal fat.

Reason is that the body uses whatever fat it gets to build cells and seed oils consist of primarily highly oxidative polyunsaturated fats that decay much quicker than saturated fat from animals (e.g. butter, lard). Consumption of seed oils has increased massively sich 1900 .

The decay of these seed oils in your skin leads to less resilience towards sun radiation (skin cells get damaged) = you burn more quickly.

Additionally, the decaying seed oils break up into toxic compounds.

Lots of people on a largely animal based or even carnivore diet have experienced an improvement in the time they can spend in the sun without getting burned as well as quicker recovery if burned. I've had this experience too.

Might be worth considering. No harm in trying out.

#carnivore #plebchain

๐Ÿ˜‹๐Ÿ˜‹๐Ÿ˜‹... Getting hungry again seeing thus... and I just had steak.

You may want to check out Dr. Paul Mason on this topic and also others such as seed oils.

Great stuff.

There is no proven mechanism of how saturated fat were to cause hard disease. Still a hypothesis after decades (Lipid Heart Hypothesis).

Ken Berry is indeed a goid source too as mentioned by others.

๐Ÿ˜‚๐Ÿ˜‚๐Ÿ‘.. Indeed.

He never disappoints in strenghening the conviction in btc.

Interesting. I have the feeling that Nostr is currently very much a bitcoin-centric space.

To increase network effect Nostr needs other people to come onboard, which will broaden the content and its quality to have a diverse information base.

Let's see. It's still early days.

#plebchain

Whether it is an attack or not, wouldn't the road to massadoption/hyperbitcoinisation anyway lead to congestion and much higher fees ๐Ÿค”?

I think the high fees we see now act as incentive to find solutions for scaling of the basechain, so we can actual adopt the masses.

๐Ÿ˜‹๐Ÿ˜‹ ๐Ÿ‘ enjoy.

Beef?

I think energy is the master resource and ultimate discount rate. The higher energy prices go the lower the present value gets of every think else.

I think because these are called Npub and Nsec in the first place. If it had been username and password to begin with, there would likely be less confusion.

However, you point out the critical difference: it can't be changed and restored. As with Bitcoin, one must re-learn to take responsibility.

Replying to Avatar Henkipatto

Bitcoin - High Transaction Fees: A Sign of Growing Pains and a Stronger Network

I'm no expert on JPEGS, BRC-20, or even Bitcoin, but I enjoy learning and sharing my thoughts on these topics as I continue to grow and discover new things.

Is this good for Bitcoin ? YES. If you pay the fee, there is no problem.

It is exciting, fun, and awesome to try something new. So much confusion and fear concerning Bitcoin due to this โ€œmore usageโ€. The base layer works as intended, and minersโ€™ fees are at a record high.

Innovation on top of the Taproot upgrade โ€œordinalsโ€ โ€œBRC-20โ€ has led to an influx of spam transactions, putting the Bitcoin network to the test. This is what Bitcoin needs, which is very beneficial for Bitcoin in the long run as it tests and strengthens the network.

๐Ÿš€ The Emergence of BRC-20 and Ordinals.

These are purely the result of the Taproot upgrade, and now โ€œcrypto degensโ€ are doing what crypto degens do, experiment, have fun, do weird shit, and gamble the shit out of anything - Productizing the Bitcoin block space.

JPEGS - ordinals - NFT

BRC-20 - โ€œmemecoinsโ€

This allows for creating new โ€œasset classesโ€ like BRC-20, which offers a "fair mint" issuance mechanism over several blocks. Those who pay the most for the block space receive an allocation known as proof-of-fees-paid.

โ†’ Increased demand for Bitcoin's block space, resulting in higher fees.

๐Ÿ•ฐ๏ธ The Benefits for Miners and the Bitcoin Network:

Higher transaction fees undoubtedly benefit miners, who receive more rewards for processing these transactions. Additionally, the higher fees are a testament to the increased network usage, which ultimately strengthens Bitcoin's security and robustness.

443k unconfirmed TXs. Yeah it is pretty crazy at the moment. Bitcoin is still in its infancy, with a 500bn market cap, and how many people have even heard about Bitcoin?

The market will adapt to these changes, leading to a more resilient Bitcoin ecosystem. Solutions like the Lightning Network and Liquid Networks already exist, and more innovations will likely emerge in response to these growing pains. Binance is already hinting they will adopt lightning?

โ†’ More innovations will likely emerge in response to these growing pains.

๐Ÿ’กConclusion

The market will find a way to harmonize and adapt to these changes, ultimately leading to a more robust and resilient Bitcoin ecosystem. Bitcoin is still in its infancy.

We are witnessing growing pains. Bitcoin, if anything, can withstand challenges and continues to grow and innovate.

Chill, have a lower time preference and stop the drama. Enjoy the ride as we watch the Bitcoin ecosystem evolve and mature.

Agree ๐Ÿ‘

Higher fees will accelerate scaling solutions and other development to increase efficient use of block space.

#plebchain