Nostr Web Client

Many are angry with my criticism of the current corrupt situation in the #Bitcoin #BTC ecosystem.

Right now, after Saylor and BlackRock mentioned in a video that the finite issuance of 21M is not guaranteed, many are talking about a possible fork , a matter that used to be sacrilege.

But guess where most miners will go in a fork case ?

Of course where there is liquidity and money.

You can always do a fork but not the best option will win but the one with the most money, and those are the bankers.

shortwavesurfer2009 1y ago

After seeing what went on in 2017, I can believe almost anything. I'm glad I stopped using Fiat coin back then.

Replying to

BitPopArt

GM ☀️✍️ #nostr #art

shortwavesurfer2009 1y ago

I love it, but my eyes do not like that white background.

shortwavesurfer2009 1y ago

#RetoSwap 1.0.16 has been released with 0% deposit offers and USDC (ERC20) support. Currently, there isn't a way to contact the maker directly, so has to be done in the RetoSwap chat to get the passphrase for 0% offers but at least it has them. I would assume the next version will probably have functionality for the maker to put in their own contact information, such as an email address, etc.

https://github.com/retoaccess1/haveno-reto/releases

Replying to

Hanshan

lol

for real.

but sounds like the Cake Wallet app that will support Monero will also probably support all the shitcoins Cake supports anyway..

even if you CAN eliminate the default Passport Bitcoin stuff.

shortwavesurfer2009 1y ago

Well, I'm assuming if it's going to support cake wallet that it will also support Monero.com, which of course is Monero only, and doesn't have all that shitcoin stuff in it.

shortwavesurfer2009 1y ago

#XMRBazaar and #MoneroMarket together now offer 3250 listings for goods and services. #Monero

Replying to

goatmeal

I have a venmo account because a person refuses to pay me in a different way. it's bizarre. the thing wants to go through my entire phone book and show me every payment made by every person in my phonebook, with the name of the recipient too. most of these freaks have profile pictures. they will casually put memos on their transaction like "puff puff pass" or "for being black." the social features of venmo are all opt out or have to be manually disabled somehow and nobody does that. cash app and zelle don't reach this level of retardation and venmo is by far the most popular thing where I live.

shortwavesurfer2009 1y ago

Just be like, I'm sorry, but I cannot conduct business with you. And that's just how it has to be.

Replying to

goatmeal

I have a venmo account because a person refuses to pay me in a different way. it's bizarre. the thing wants to go through my entire phone book and show me every payment made by every person in my phonebook, with the name of the recipient too. most of these freaks have profile pictures. they will casually put memos on their transaction like "puff puff pass" or "for being black." the social features of venmo are all opt out or have to be manually disabled somehow and nobody does that. cash app and zelle don't reach this level of retardation and venmo is by far the most popular thing where I live.

shortwavesurfer2009 1y ago

Refuse to purchase anything for that person or from that person and refuse to send them any money for anything. Since they refuse to use something that won't absolutely murder your privacy.

Replying to

Foundation

Introducing Passport Prime: The First Personal Security Platform!

We’ve always been committed to building Bitcoin-centric freedom tech, and Passport Prime is no exception. But "freedom" here doesn’t just mean secure Bitcoin storage – it means complete control over your digital life. With Passport Prime, you get the ability to develop, install, and run any app you want. Your device, your rules.

What makes Passport Prime different?

A Secure Hub for Your Digital Life

If all you need is a Bitcoin-only, airgapped hardware wallet, Passport Gen 2 has you covered. But Passport Prime takes things further – it's designed for those who want to protect logins, private files, and keys to all parts of their digital world.

The Power of Open Source

Passport Prime comes with Bitcoin and digital security apps pre-installed, but the real power lies in its open platform. Independent developers have the freedom to create and install additional apps, giving you the freedom to shape your device to fit your needs.

Sovereignty in Your Hands

This is about user sovereignty. You choose what apps run on your device, or you can stick to a strictly Bitcoin-only setup. No compromises, just pure freedom.

A Platform for Innovation

Imagine a device that can handle FROST multi-sig, Miniscript integrations, Nostr signing, and dedicated Nostr apps, all developed by independent builders in a free market of innovation. You can choose to run it exactly how you want, installing only what benefits you. It’s the security device of your dreams, shaped entirely by your own decision.

More Apps, More Users, Stronger Security

We believe that more applications mean more use cases, which leads to more people taking control of their keys, data, and online accounts. In the end, a broader community means a stronger ecosystem.

No Waiting for the Latest Tech.

With Passport Prime, you're no longer limited by the tools we provide. Thanks to the open platform, developers can bring new tools directly to your device without waiting for updates from us. The possibilities are endless, and we're excited to see what the community will create.

Passport Prime = Personal Sovereignty + Digital Security

It’s your device, your choices, and your digital Swiss army knife. We’re proud to provide the platform, and we can’t wait to see what the community builds.

Watch the full keynote from our launch below to see Passport Prime in action!

https://m.youtube.com/watch?v=0TjuC4NVxnI

shortwavesurfer2009 1y ago

Am I allowed to uninstall Bitcoin and install Monero? Because that's what I want.

Replying to

Blurry Moon

nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqyt0amuf2uem44w608xf74apqsq0jcq86akdhk3cdvt5sgy5hs5rswl58xm my understanding is blocks are 2 minutes apart, and unlocking funds is 10 blocks. It took a bit longer but that's probably just the Mitra servers or something,

shortwavesurfer2009 1y ago

Depending on how much it is, they could really accept zero conf and be pretty certain of getting their money. And even if they did not want to accept zero conf, they could totally accept one or two conf.

Replying to

M0053

This ignores all the cypherpunk layers that can be built on top of the decentralizred base.

Your point is valid.. but you're missing the greater point.

shortwavesurfer2009 1y ago

Ask Samurai how building privacy services on top of Bitcoin went for them.

Replying to

Vlad, Bitcoin Takeover Podcast

being bitcoin-only in 2025 will be only about defending the ticker and trying to pump your own bags

from a cypherpunk and utilitarian point of view, you should start looking into other coins

experiment with privacy/scaling/contracts tech, embrace a world beyond the 21m meme

shortwavesurfer2009 1y ago

Monero

Replying to

Hanshan

apparently they do

https://foundation.xyz/fdroid/

shortwavesurfer2009 1y ago

They should consider adding links to the Github README

Replying to

Hanshan

apparently they do

https://foundation.xyz/fdroid/

shortwavesurfer2009 1y ago

Cool. I am adding that to my list of repositories that I keep in my keepass manager.

Replying to

Hanshan

they say it's there...

should be able to pull it from github too

https://github.com/Foundation-Devices/envoy/releases

shortwavesurfer2009 1y ago

only thing i see. unless they have their own repo

Replying to

Hanshan

yeah clearly a lot of thought went into it.

And the encrypted blob offer to provide easy backups is a good tradeoff for normies.

all in all, extremely impressive.

the fact their *already working with Cake might sell me on it.

even though i never really use Cake because of the shitcoin support 😂

shortwavesurfer2009 1y ago

the only issue I see so far is i cant find the envoy or whatever app on Fdroid. nostr:npub1s0vtkgej33n7ec4d7ycxmwt78up8hpfa30d0yfksrshq7t82mchqynpq6j

Replying to

Hanshan

ok I often say you dont need a HWW

but I also say that key control is the most important new skill of the modern world.

This is a pretty sick idea and I hope it gets traction.

the idea of an Open Source and *extensible* private key management platform is extremely fucking cool

nostr:nevent1qvzqqqqqqypzp9sfkzf52rwhuzhm8ztpntx67tn2p45p0jf42teez8s9k59ww03aqqs8yc4rjcqkkyrdef0q33pdavnln65ltfzu2dhv03eflhx6ws75xjgxd8ek7

shortwavesurfer2009 1y ago

I just saw an episode about this the other day with Seth for Privacy and really like what I hear about it so far. I'm definitely not interested in their $5 per month service for storing your encrypted blob with them, but I am very much interested in the device itself and storing my own encrypted blob.

Replying to

LiberLion

In this article, I analyzed attacks on blockchain consensus protocols, with a primary focus on two key attack vectors: the 51% attack, relevant to Proof of Work (PoW) systems, and the Sybil attack, which targets Proof of Stake (PoS) systems.

https://medium.com/coinmonks/understanding-different-type-of-attacks-on-blockchain-consensus-6edbc47d7f1b

I explored the vulnerabilities inherent in each of these consensus mechanisms.

My analysis highlighted the complexity of PoS as a significant source of potential risks. I pointed out that the PoS algorithm, because it has to manage not only coin issuance and block validation but also reward distribution, is, in my opinion, more susceptible to vulnerabilities compared to PoW.

I explained that a Sybil attack in a PoS system involves an attacker creating a large number of fake identities to gain undue influence over the consensus process. On the other hand, I described the 51% attack in PoW as a situation where an attacker (or a group of attackers) gains control of more than half of the network's hashing power. This control allows them to manipulate the blockchain by preventing other miners from validating blocks and even reversing transactions.

I also discussed the costs associated with carrying out these attacks. I noted that while greater coin delegation in PoS makes an attack more expensive, the lower costs for validators to run their nodes also lower the barrier to attack by reducing the net gains. In my analysis, I considered that PoW, with its requirement for specialized hardware and high energy consumption, presents a higher barrier to attack compared to PoS, even though it also reduces net gains.

While my main focus was on PoW and PoS, I did acknowledge the existence of other consensus protocols and various other attack methods, such as exploiting vulnerabilities in the protocol's code or launching DDoS (Distributed Denial of Service) attacks to disrupt network availability.

Ultimately, I concluded that decentralization is absolutely crucial for the long-term security and resilience of any blockchain, regardless of the specific consensus mechanism used.

shortwavesurfer2009 1y ago

What, by chance, is your thought about a 51% attack against something like Monero, since it does not require specialized machines, but only requires CPU power.

shortwavesurfer2009 1y ago

Well, that did not work very well at all. I was complaining a little bit about how slow synchronizing #Monero blocks or creating transactions is over a #tor hidden service. Someone I trust suggested trying an #I2P node and gave me the address to their node and I tried it expecting it would be faster but that did not happen. To my tor hs node I usually get 200-400KiB/s average and can briefly hit 1MiB/s sometimes. The absolute best I got on I2P was 45KiB/s.

I was using InviZible Pro from F-Droid and did not change any settings. It said I was using 2 hop tunnels and had 33 client tunnels.

shortwavesurfer2009 1y ago

https://tilvids.com/w/paZzbY6yK7aqFQjbyu8mQ4

The #PeerTube app is making it MUCH easier to use YT a little less.

Replying to

Reed

Gotcha, thanks for the response 👍

I am still formulating my opinion on the scarcity of Monero. I agree with your assessment of the tail emissions.

My issue with the supply, and potential future of Monero as money on the global stage is that it is no where near decentralized enough to withstand the types of attacks that Bitcoin has survived. Bitcoin has been under attack essentially constantly for almost 10 years and no one can change it. I am skeptical that Monero could survive in its current form with that kind of pressure.

It's hard forks have had consensus, but again it hasn't had to survive a malicious or contentious hard or soft fork attempt.

shortwavesurfer2009 1y ago

Also, to the best of my knowledge, there are at least 15,000 Monero nodes in the network. While I'm not certain how many Bitcoin nodes there are, I do know that that is quite a bit more than some other coins, such as Dogecoin ~700 nodes.