Send me some on my profile bitcoin address.
I am joining the #zapathon for once haha
And also, the data traffic still has to be sent over the internet. Which brings costs etc.
But bootstrapping is really important. So if someone messes with that, it is a big deal.
bitcoin and crypto arent the same kaliber.
The ultimate solution of the #blockchain storage problem would be to only have to keep a certain amount of blocks (for example an halving period). So that the blockchain becomes a "rolling stones band".
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Here arise a few big and crucial problems and I hope we can, once upon a time, solve them with help of decentralised geniuses:
1. How would new #nodes synchronize and validate their version of the blockchain is the correct one? I can only think of those ways:
-1-start with the current blocks and go into the past. This is less accurate.
-2-set loop periods in which at each new start the blockchain is forked with the #genesis block and the last block of the previous block inputs and maybe also 0knowledge proofs as input and requirement to which the new chain should adhere. And be chosen from.
-3-crazy thought and probably not useful: make a new #consensus rule that states something like that any new block must also contain a hash or something that is the sum of the genesis block and some other parameter. I dont know how this would work but I still post it for the #bitcoin experts.
2. How would you probihit #double-spends? A really difficult one.
-1-maybe some 0knowledge proof?
-2-or the solution below...
3. How to verify ancient #utxo's if the ancient data that serves as proof is lost?
-1-my only solution because of limited understanding of the workings of the utxo sets: all utxo's from which its evidence gets destroyed, should be relocated to a new fair (random?) address (miner? Lightning nodes?). How this gets determined and verified is an open question for me. This also means that longterm holding is limited to the stored blocks. This can be an epoch or the time it takes to run out of the 1 btc blockreward etc. It also makes sure that the 21 million bitcoin are never lost forever.
-2-another solution might be to have a "search repo" in which owners could search for people who store blocks to give them the ancient block needed, probably for a fee. But this could also be ridiculous because of the lack of doublespend protection.
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those solutions sacrifice quit some things, but in return, everybody would know the limit of storage space and bandwidth traffick required, it will not keep growing to unlimity: a total win for decentralization and I think far more important. and maybe we will find a way to solve the sacrifices too. For example, ultra long storing of wealth might happen in the real but fairer world that is then controlled by #bitcoiners :)
#plebs #asknostr.
what about economical debt takeovers that china and US did? it happens in many places.
That byrdman guy is trying to convince people to join an unsecured website because it will bring them money in a weird scheme and fails to give meaningfull answers on my questions. 8-()
Im not promising anything, you do with your "cool company" so it is different. If you cannot grasp this, it is hopeless from the start.
Earn 106 Satoshi every 6 hours with this Free Bitcoin Faucet… it’s like mining Bitcoin without any Mining rig and zero cost. #bitcoin #faucet #satoshi #ethereum #litecoin
https://trustdice.win/faucet/?ref=u_offgrid
https://nostrcheck.me/media/public/nostrcheck.me_8010312483957328191697830583.webp
Imagine having a bitcoin faucet and tagging it with ethereum...
"Having so many non-pruned nodes" is an overstatenent. With the growth of bitcoin we would need a lot lot more. and where centralization creeps in, it is difficult to remove it.
http://www.JoinSabien.com is my personal domain for my #LiveGood business, not the company website, silly.🤣🤣🤣
So where is the page on your domain that gives more info about your company? I dont see anything mentioning your company. Only livegood which is another company.
Thanks for clarifying that to me. So why are they talking about network effect analyzers? also maybe you can look into coach greg supplements. :)
Nice. I personally love the fact that the way bitcoin works is optimized for economical network effects.
I did and I still do not really know what theepurbose of the company 'livegood' is. also, https is advised for the site.
So if im right, livegood is some advertisement and network analyze stuff company? It owns also nutrition food articles and more that work on a "less people or rentseekers in the supply line that we have to pay means we sell better products for lower price.
it also has a scheme in which if you sign up you come into a stack with others, and if you really join the company you get moved on top of this stack and into a hierarchic scheme they call a matrix. And you get money from others who joined later and thus appear lower. So they pay you somehow. They conveniently dont mention that this means you have to pay asswell to the people above your position in the hierarchy.
What is the purpose of this weird company...