Nostr Web Client

Imagine Bitcoin globally adopted, nation states, big corporations, billions of people using it.

Do you really believe in the fairytale that somehow we will come together like the care bears and agree on how to upgrade it? Silly.

Bitcoin needs to ossify. #bitcoin

Lorenzo Rey 2y ago

Imagine living in the old age, having a gold coin and you wake up one day and notice the coin weighs less, or is less solid, or it's color changed... because a "community" of goldbugs got together and decided to change the physical properties gold. Would you trust gold as money?

Replying to

Igno⚡

Que es CTV ?

Lorenzo Rey 2y ago

Una propuesta de soft-fork de Bitcoin

Replying to

jimmysong

The Case for a Chain Split

The debate surrounding drivechains has been heating up, with proponents employing various tactics to garner support. This divisive issue echoes previous disputes in the Bitcoin community, such as the 2017 block size controversy. As such, we should consider what was then the definitive resolution: a chain split.

A significant portion of the Bitcoin community rejects drivechains, effectively blocking its implementation via a soft fork. Bitcoin's voluntary nature makes it resistant to hostile takeovers, despite claims that miners could force the change. Disagree with that last statement? Then let's put that to the test. We can resolve this posturing and propaganda by forking the code.

Here's how it would work: Code implementing drivechains would be released. Those who support the proposal can run this code. A transaction that goes against drivechain rules but adheres to pre-drivechain rules will trigger a chain split. Those running the drivechain software wouldn't be doing anything, but nodes that aren't can reject the drivechain chain by using the "invalidateblock" command. The result will be two distinct Bitcoins: one with drivechains and one without.

This approach was resolved the conflict we had in August 2017, when Bitcoin Cash split off from Bitcoin. Similarly, proponents and opponents of drivechains can either hold or sell their respective Bitcoins post-split. This would be a real-world test of control and game theory within the network.

I advocate for this split not just for potential profits, but also because it's a peaceful solution. It would let us see in real time how convicted the drivechain people are. Will drivechain miners support it if it means mining at a loss? A chain split would serve as a critical learning opportunity for the community, providing a clear answer to the ongoing debate. Ultimately, this will strengthen Bitcoin by showing the market how hard it is to change its properties.

So bring it on! Fork or shut up.

https://void.cat/d/SEbocwy3dabt6xJaaXM5Sk.mp3

Lorenzo Rey 2y ago

I am not pro Drivechains but I think this situation is different from 2017 as Drivechain proponents are not proposing a hardfork like bcashers were, BIP300 is a soft-fork, this means indifferent nodes would see the Drivechain chain as valid wouldn't they? You'd have to get people who disagree to actively update via UASF that rejects drive chains and you end up with 2 soft forks fighting each other, where indifferent nodes(not updated) see both chains as valid, therefore they will follow the one with the longest PoW, this means if miners are pro Drivechain they win because the Drivechain chain will have the longest PoW, Correct?

Replying to

fiatjaf

https://blog.kagi.com/accepting-paypal-bitcoin

Lorenzo Rey 2y ago

thanks for sharing this, so far it's awesome!

Replying to

Luke Dashjr

3) Increasing the block size has only limited/reduced access to run Bitcoin full nodes, not ensured it. Node counts have dropped drastically (50%!) since then, and it is clear in retrospect that the block size increase was a huge mistake.

Lorenzo Rey 2y ago

Fees would be insanely high right now without that Segwit blocksize increase, what are your thoughts on that?

Lorenzo Rey 2y ago

2022: CTV is an attack on Bitcoin.

2023: Let's activate CTV.

What happened?

Replying to

walker

One thing (out of many) I really enjoy about #nostr vs Twitter/X is the complete lack of engagement baiting…

No stupid, useless, copycat threads with “69% of people don’t understand this easy way to use AI to wipe your ass! Subscribe to my newsletter! 👇🧵⬇️‼️”

Just people being people sending notes and other stuff transmitted by relays.

Lorenzo Rey 2y ago

If Nostr becomes really popular you'll see all that crap here as well

Lorenzo Rey 2y ago

Bitcoin

Replying to

idsera

So long time without nostr:npub1plstrz6dhu8q4fq0e4rjpxe2fxe5x87y2w6xpm70gh9qh5tt66kqkgkx8j updates. What is happening?

Lorenzo Rey 2y ago

Wondering the same

Replying to

miljan

We interrupt your regularly scheduled drama to bring you an actual software release.

Primal for Android build 0.15.1 has just been released. Here’s what’s new:

- Zapping fully implemented (1-tap zaps, custom zaps, zap settings)

- NWC for nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm and nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg wallets 👀

- Solidified note posting

- Various fixes

Enjoy! 🤙💜

https://primal.net/downloads

Lorenzo Rey 2y ago

Crashes every time I open it after this update

Replying to

monohhhh

Pregunta de novato: Si las semillas (palabras clave) de un Ledger las introduzco en una wallet por ejemplo, Samourai, Sparrow u otra, ¿podría ver y acceder a mis fondos? ¿Correcto?

#hispano

Lorenzo Rey 2y ago

Correcto

Replying to

ryzizub

No worries 😊 Sure, updates are definitely coming. Anything specific you missing? 😊

Lorenzo Rey 2y ago

I think the most important thing is content discovery. Just seeing posts from people I follow makes it difficult to scale engagement. I would like to see a feed of people I follow + whoever they follow. A feed of trending posts, most zapped posts, etc. Help me discover more content in Nostr so I can avoid X

Lorenzo Rey 2y ago

El gobierno de USA sólo tiene 3 formas de pagarle a Tether, Circle y Paxos los intereses de sus notas del tesoro que usan para respaldar sus stablecoins💩:

1) Subir impuestos: robarle más dinero a sus ciudadanos.

2) Reducir gasto público: no sucederá, y aunque sucediera igual estarían pagando con los impuestos existentes que provienen del robo a sus ciudadanos.

3) Imprimir más dólares: lo cual es robar a sus ciudadanos a través del impuesto escondido que es la inflación.

El dólar es una estafa ponzi, no entiendo cómo siendo esto tan evidente por alguna razón nos quieren vender a los Bitcoiners que estos cripto-dólares son "humanitarios" o buenos para Bitcoin, lo cual es obviamente absurdo.

Replying to

ZEUS

Zeus users, should we move the QR scanner button from the top right to the bottom right corner to make it easier to access one-handed?

Lorenzo Rey 2y ago

Yes

Lorenzo Rey 2y ago

Bitcoin hace mucho más difícil hacer guerra, el dinero Fiat facilita la guerra ya que el Estado puede robar a sus ciudadanos vía impresión.

No significa esto que los países que adopten Bitcoin quedan en desventaja militar frente a países Fiat?

Los leo...

Lorenzo Rey 2y ago

El dinero Fiat está diseñado para empobrecer a la gran mayoría.

Lorenzo Rey 2y ago

Stablecoin-ers don't want a Bitcoin standard, they want to maintain and expand the dollar standard.

They hide this behind a "humanitarian" facade, but they're starting to become more open about what they really want: global digital dollar standard.

Opt out, choose #Bitcoin

Replying to

preston

Drivechains

Alright people, we are playing a game of chess here. The one thing, the absolute one thing, we can't do is give up the king. To give up the king, in my humble opinion, is to mess up the base layer. This mistake would disrupt the delicate incentive structure that ensures sound money. That sound money pegs the extremely fragile credit markets and out-of-control G7 policymakers that are creating clown world with their CB fiat policies.

We don’t need the sound, pegged, money to move fast, we don’t need the money to do smart swoopty things, we just need it to be pegged, immutable, and digitally sailable to actually stop the madness of clown world.

By introducing a whole lot of technical complexity to the base layer and potentially screwing with the incentives all so we can connect to a bunch of centralized shitcoin projects is like playing offense with the king when you’re down 7 pieces and the other player still has their entire back row at their disposal.

A. Why the rush!?

B. Why not just go use Monero if you need that level of anominity in your transactions. Why do you have to have it in a wrapper via drivechains?

C. Why risk the king without deep understanding and testing of the technical risk and potential change to incentives?

The beauty of Bitcoin is you can build it and softfork it, and we’ll let the community vote with their nodes. BUT, I for one, have no use for drivechains (that doesn’t mean everyone is like me). And as a result, I will not be updating my node and running any attempted “secret” softfork updates by the miners.

Lorenzo Rey 2y ago

I agree with most points. But do not forget that gold was debased because it was costly to move, if Bitcoin is too costly to move banks will debase it. Payment apps will use IOU Bitcoin instead of real Bitcoin. I agree the base layer is the king, but if the king can't move at all you're gonna get checkmated.

Lorenzo Rey 2y ago

Whoever took lorenzo@blink.sv paycode from me will feel my wrath...

You can zap me at lorenzorey@blink.sv for now