While I do believe Trump has done a decades worth of damage to bitcoin adoption in just a few days, I also still believe bitcoin’s time has come. We will see what plays out here.
Popping in to see whats new
New microstrategy product feels not necessary right now and like a low hanging fruit.
Lawd forgive me I have relapsed on twitter
Play D&D with the bois tn
GM all, lets get it today
nostr:npub1dhfmwt3jtknnswe8tmh3cesnrwjxvsexu93tcps9yagfkn3n4epsa3d8yn how can I please test this app. I can’t stop thinking about the UX
Why won’t miners support a fork that increases the total supply of bitcoin to maintain block subsidies? I feel like its because it hurts the main value proposition of the thing they are mining, but is there anything else that might dissuade miners from a move
like this in the future?
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
- Thomas Jefferson
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Exactly, the whole underlying policy is a mess. I was just making the point that its going to hurt some of the very goals our government claims they are championing. But you won’t see the anger about this, because its still too abstract for any average person to know that they will never own anything.
I completely agree, my general problem with the entire thing is really that the US has hinged its entire middle class’ life quality on the dream of owning a home. And its quickly fading for literally anyone outside the top 15%.
Note, I left asian and pacific islander out because thats pretty on par with US racial demographics
Rare politically charged post Rudy Nutstink.
Where is race rage on the demographics of home buyers in 2023? The singular US policy to help middle class families save is investing in a home. Everything else is fairly out of reach and risky. And they have made that savings vehicle so unaffordable they are effectively cutting people who are black and hispanic out of this one hope of storing value. The wealth disparity among races will not shrink, and will in fact grow because of this. And the government will not shoulder the blame for this horrendous policy when all is said and done.
Being the first customer, I absolutely can attest. Its a slick look and the perfect fit/comfort for an early crisp spring morning tee time. ⛳️
Next time I am on the course I will take a video of me hitting a piss missile in this quarterzip.
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Huge day today
Not only does a cure kill profits, but creating more issues, crime, violence, disease, and crisis *drives* profits.
Have you guys tried nostr:npub1lstr2kmdthkgfuzne8e4cn2nhr646x8jt25szdj7t4wr6xemtuuq3lczsj lately?
It’s amazing! We recently worked on curating categorized follow lists for new users. We ended up creating a public set of lists for the Primal account, and we are planning to continue managing those lists there. Listr has such a nice UX for this. Great work nostr:npub1zuuajd7u3sx8xu92yav9jwxpr839cs0kc3q6t56vd5u9q033xmhsk6c2uc . 👏👏👏
https://listr.lol/npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg
How can we make recommendations for adding to the categories?
They are in a pretty raw form, but I am actively working on improving them. Its american sports accounts created on a per league basis. So far I have
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@sportstrNBA
Just had my first open source code contribution merged 🥹
Reposted from Xitter:
Bear markets are for building, bull markets are for... beta testing?
I've been working on an automated multisig key agent I'm calling Sigbash (website: https://sigbash.com - use code BETATEST if you want to help kick the tires on it).
Sigbash implements browser-side xpub blinding, which is a fancy way of saying that, from the time a user is issued a key, right up until the key agent is asked to sign a transaction, the key agent *doesn't actually know anything about the key it issued*
This means that if the signing server is ever compromised or a bad actor somehow gets a hold of the seed phrase, they won't be able to discover anything about what it protects (!)
Quick 🧵 below:
Techie mumbo jumbo: when a user requests an xpub, Sigbash sends one to the client browser, and then on the client the WebCrypto API is used to choose a random derivation path to generate a new child xpub. A SHA256 hash of this xpub is sent to the Sigbash server; the hash is the only information the server has about the key until a request is made to sign a PSBT.
When it's time to sign, the user submits the PSBT along with their xpub; the signing server takes the SHA256 hash of the submitted xpub and check whether there's a record of it, and if so returns a signed PSBT.
Instead of having a human in the loop to confirm a signing request, a user can instead attach signing conditions to a key when it's issued- e.g. "sign transactions submitted with this key immediately", or "only sign after a certain date", or "only after a certain block height"
along with
"sign only if this Bitcoin address has a balance greater or less than a certain number of satoshis"
or
"sign only if the global network hashrate is greater or less than a certain number of Terahash",
or
"sign only if the BTC/USD exchange rate is above or below a certain number"
I've tried to square the circle of making this as private as a multisig key agent can be while still being supported by as much of today's wallet software as possible - there are no trackers on the site, no accounts to set up or email addresses that can be harvested, no credit cards to bill (thanks @BtcpayServer !), and it's available over Tor to avoid leaking your IP address.
There's absolutely more that can be done here with e.g. Taproot key paths, Musig2, hopefully even OP_CHECKSIGFROMSTACK one day - but for now I wanted to focus on the existing wallet ecosystem ("meet your users where they are" and all that)
Instead of implementing some sort of slashing mechanism or fidelity bonds to ensure the signer doesn't go rogue, Sigbash makes use of what Mircea Popescu would have called a 'GPG contract' (https://nakamotoinstitute.org/mempool/gpg-contracts) - every xpub purchased comes with a PGP signed receipt that includes the hash, the signing conditions and an OpenTimestamp file attesting to when it was created. If the signer either fails to sign when it should (or signs when it shouldn't), users can post the receipt and effectively burn the key agent's reputation.
If you want to give it a try:
a) check the FAQ at https://sigbash.com and in particular the compatibility chart - not all wallets support non-standard derivation paths! and
b) use the checkout code BETATEST to get a free xpub to play with - which I plan on disabling when the in a few weeks when the halving comes, just as a heads up ;)
Thanks to everyone who helped to test this over the past few months, I couldn't have done it without you. A very special thanks to @Rob1Ham and @SahilCO for their early feedback and uncovering the nastiest of bugs, and @mflaxman for coming up with the idea for blinded xpubs back in 2020 (https://github.com/mflaxman/blind-xpub)
Back to your regularly scheduled shitposting ASAP, I promise :)
nostr:npub160t5zfxalddaccdc7xx30sentwa5lrr3rq4rtm38x99ynf8t0vwsvzyjc9 you have been pretty interested in the stuff lately, right?
I recently decided the same, the primal app made a biiiig difference in my user experience