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McCoy
392316041be345b2bac5c4d1f44c7701385d62bfaac742d94273d10a6434eaac
Bitcoin NOSTR block 768722

https://fountain.fm/clip/uVT9Wp93cDLYKhPG5y22

Worth a listen, but the begining of this TL;DR part was confusing.

Script contains

1) Opcodes

2) Data

One must satisfy the INPUT locking scripts, but as *the sender* i.e. the one *making* the transaction, you DO NOT CONTROL the output locking scripts - that was already defined by the person who made/created the addresses you are outputing to ....

EXCEPT with OP_Return: the transaction creator/sender adds one additional output with a zero sats and Op_Return as the script. An OP_RETURN locking script is unspendable, so there's no ScriptSig that can unlock it.

Op_Return was added as the 5th Legacy Standard Script type MARCH 2014. All legacy scripts (pre-Segwit) are unlocked via the ScriptSig field.

Pro Tip:

When playing games with your family/kids always keep score, even when they are young, even when its hard.

Team Trump is going lean Strong Man - you can tell he likes it. Finally gets to flex. The printing/gov-funded growth will no doubt follow. This will be an easier path than the alternative *crises* and way, way easier than actually doing the hard path of cleaning up the US Debt/productivity problem

Yes. My central point is that ultimately the fee market for transaction finality onchain will be best to sort what is valuable. Non/less valuable data will get priced out

If "spam" (financial-adjac blobs) bring consistent long term (decades+) value to humans, then it is no longer spam.

Fee market filtering is the only way to sort this.

Maybe core wants alternative clients to take the spotlight off of them. They dont want to *take the lead* on filtering. Let the node runners have options. Opening up Op_Return is forcing the issue and now alternative clients will rise; node runners have more options/control.

The anti dev thing is not correct and not helpful. IMHO we should be anti-spam, pro do nothing (=dont panic), pro devs.

I agree that filters *work*. By *work* they increase the cost (time/money) to transact around them. However, the fee market is actually the ultimate neutral uncorruptable filter. It is also relentless: they (VC, spam bros, alt token bros) have to pay, then pay, the pay again forever. If their *use* doesnt provide lasting value to humans, then it will be priced out. If it actually does, meaning it outcompetes bitcoin's hurdle rate, then we are collectively better off.

You hate spam, I hate spam, eventually even the spam enjoyers will bend the knee as they run out of resources to keep up with the cost of transaction finality onchain - and will decide, that they hate spam too.

The fee market has our collective backs - forever.

When is comes to war and spending its a Monoparty.

Opt Out

Bitcoin has never been as much of a threat to the USD as it is today.

And the nature of the currency game is that it will be slightly more of a threat tomorrow, slightly more next week ,.

....... slightly more..

Good day to get some

Replying to Avatar Gigi

wtf?

2 passwords for every human alive 🤣

Use bitcoin + NOSTR

Study bitcoin

✅werunbtc.com

✅learnmeabitcoin.com

✅nakamotoinstitute.org

Take some personal responsibility, it will pay off

IDK - big difference btw a company or failing shitcoin foundation taking their melting hodlings and buying corn versus borrowing to buy, correct? Buying corn with the assests you hold currently cant *blow-up*; plus borrowing fiat USD to buy corn is a speculative attack against the USD - forces FED to increase rates to match BTC gains to *stop the attack*

Worst part is we collectively dont have any money for this.

Fiat ponzi funding violence.

Lets let volunteers go fight and pay their way and see how many sign up.

Private Public key cryptography.

I barely understand it.

Check out learnmeabitcoin

“In short, the unique s value provides a pathway for getting to the randomly-generated point r.

You can give these two pieces of information to someone else, and starting from the public key point Q they can use the s value to help them get to the random point r. The trick here is that only the person with the corresponding private key d could create a valid pathway to this random point provided by s.

This pathway also has the message hash z encoded in to it, which is what effectively allows us to create signatures for messages; nobody can create the pathways from the public key to a random point on the curve via the message hash without knowing the private key it was created from.”

Depends on the definition of *stop*.

Responsively Resistant. Allows spamming at a cost.

Bitcoin fees are standing by, ready to *make them pay* Spammers pay, then pay, then keep paying……Eventually they run out of resources.

SATs have then flowed to miners.

On a long enough time window, fees *stop* spammers and scammers and those who censor

Private property rights +

Strong judicial branch +

Bitcoin +

Jurisdictional arbitrage =

Valhalla