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Comte de Sats Germain
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A concrescence of Mind fumbling with the controls of this meat chariot. Nostr onl

I tried to start playing again after they made the hell biome - it was so not fun, after two of those sinking islands in the lava, I just couldn't stand it anymore.

Orbot is apparently exiting in Germany, so I get to see German advertisements on YouTube... And omg they have a lot of ads... Its 10x the number of ads we get in Texas.

Oh yes... The endless stream of westerners going into major Chinese cities with startups, and they never become a real company... It was quite perplexing until I figured out that there's a industry in making startups and pitching ideas, but following through isn't required

All corruption. All wind projects are for the sole purpose of stealing from the public

there is a common nonsensical argument about #lightning - something that is stated very forthrightly and early in the documentation about it and put up front in most technical discussions

it's not scalable to the size of the global population to self-host because there isn't enough space in the blockchain

before we had credit card payment networks, which form the backbone of electronic payments these days online and in retail venues, we had technology for payments that was based on cash, and had a fundamentally similar architecture as lightning

you may have heard the expression "bar tab" this is a common one... there is two variants, the pay forward and credit variant, usually you can't do the latter until you have first done the former

it's been a thing in drinking establishments for hundreds, maybe thousands of years, because after you have consumed enough you are no good at doing math but the barman does not consume his stash while at work (at least, not very much) so he scribbles down a little ledger of your dispensed drinks and either it's taken as a single payment at the end of the night from the coins you sat in his custody or he demands you, drunk person, to pay stuff that he is pretty sure you can pay... and if not, he will nag you next time, because you do this regularly and usually have the whole amount in your pocket thus he extends you credit

you may or may not have also seen that similar schemes happen in small, outlying areas at retail establishements... i literally have twice now seen customers show up and check out items at the local supermarket, and then not pay, as they have an agreement going with the retailer to pay later, hell, i have even done it at a local establishment not long ago, several times, they prefer to just dispense the product and let you settle it next time you show up, and usually you will be there every day one time so they are trusting you

this is what lightning is

right now, lightning is a computer networked version of this, with the additional feature that you can open channels at the expense of a specialist payment clearinghouse known as a "lightning node" from your lightning node which you can use to forward payments out

you can also open channels to other lightning nodes by paying forward, just like you would with your early encounters with the barman or shopkeeper in your local area where you live a long way away from a bank or ATM

it is not going to scale

DUH

but it scales enough to the point where it will, just like Mastercard and Visa and Discover and American Express, become a large scale business, and the majority of movements through this method will be shunted through *custodial* banks, just as now, the card is connected to a bank account, and the payments are connected to the bank's channels to the payment network

bitcoin is like the gold, you don't move it around unless you really need to fix a big differential in transit of funds across a payment channel

ecash is literally like the physical cash - this is a growing area, and ecash clearinghouses are basically like banks

lightning is like credit card payments and paypal/etc they will run the lightning network, and most of it will be custodial but it already is capable of scaling up, today, to a size that would allow every town on the planet to have their own payment processor

and not only that, as far as ecash goes, this can scale up even bigger, and it's kinda ironic that it was invented first (by David Chaum in 1983) but it wasn't usable without a digital gold (bitcoin) for large scale balance adjustments and nation-sized scale payments, and for retail, we have the two options of ecash and lightning, the two schemes will coexist and be integrated into one simple terminal

people will still be able to hold their own "nation scale" bitcoin on chain UTXOs

there will still be block space for some amount of "uncle jim" payment processors (lightning nodes) and banks (ecash)

it's a massive improvement over the existing system and the best thing is that it can operate even under the threat of government oppression, unlike the current situation for payment processors and banks

the fact that it will converge to a largely custodial situation makes no difference to whether it is successful, but what makes it better is that there will always be some space for DIY and small scale, and none of it requires permission from the government and they can't stop it

Replying to Avatar Nic

From GPT:

The ability of quantum computing to potentially crack a Bitcoin private key is tied to how public keys are exposed during Bitcoin transactions. Here's how this works:

Public Key Exposure in Bitcoin Transactions

Receiving Bitcoin: When someone receives Bitcoin to their wallet, only the Bitcoin address is exposed. This address is derived from a hash of the public key, specifically through SHA-256 followed by RIPEMD-160. Hash functions are resistant to quantum attacks with current quantum algorithms, making it computationally infeasible for a quantum computer to reverse-engineer the public key or private key from the address.

Sending Bitcoin: When a transaction is made to send Bitcoin, the public key is included in the transaction for verification purposes. This exposure of the public key is critical because it opens up the possibility for a quantum computer to attempt to derive the private key.

Quantum Computing and Cryptographic Vulnerabilities

Bitcoin's security relies on the elliptic curve digital signature algorithm (ECDSA). ECDSA is secure against classical computers but vulnerable to quantum computers due to Shor's algorithm.

Shor's Algorithm: A sufficiently powerful quantum computer can efficiently solve the discrete logarithm problem, which underpins the security of ECDSA. If the public key is exposed, Shor's algorithm can calculate the corresponding private key.

Why Sending Bitcoin Makes Keys Vulnerable

1. Exposing the Public Key: When Bitcoin is sent, the public key is revealed in the transaction data.

2. Quantum Attack Feasibility: With the public key exposed, a quantum computer can attempt to use Shor's algorithm to calculate the private key.

3. Time Sensitivity: For the quantum attack to succeed, it must be executed quickly, ideally before the transaction is confirmed and miners move the Bitcoin to a new address.

Why Only Receiving Bitcoin is Safer

If the Bitcoin is only received and never spent, the public key remains hidden. Since quantum computers cannot reverse the hash functions (SHA-256 and RIPEMD-160) efficiently, the private key cannot be derived from the Bitcoin address alone.

Key Takeaway

Bitcoin's vulnerability to quantum attacks lies in the exposure of public keys during transactions. By not sending Bitcoin, the public key remains hidden, preserving the security of the private key against quantum computing attacks.

So always use up the whole utxo and have all change sent to fresh address? Sounds easy enough to stay safe, if that's it

Replying to Avatar Mina 👽💜

Can't wait to see how people react to this

And that's another really entertaining thought... Some really cool books are waiting for an author equal to that plot

They could be. I enjoy speculating that the symbolic and material coincide in Biblical events. Idk if its true, but it neatly closes some holes.

On the page directly previous to that, in Luke, Jesus told his disciples that he speaks in allegory specifically so that people won't understand. While that exorcism wasn't explicitly stated as allegorical, I think it was, because of both its placement and the things it says. What Jew would have a herd if pigs? Pigs only serve one purpose for Jews, and that's to represent uncleanliness. They don't keep them around. Then there's the demon saying "we are Legion" - that's very specific. Legions are what Rome uses to subjugate people and extort taxes. A legion isn't anything else. And then the possessed pigs ran into the water and drowned. Where is Rome, compared to Israel? Physically, Rome is to the west, across the water. Legions ran away and drowned in water... That seems to mean the invaders will leave. But there is also a spiritual meaning for both water and the west. The sun rises in the east and sets in the west. Remember the morning star, which rises in the east? It represents resurrection. And the sun setting represents death. To go to the west is to die. Water, meanwhile represents uncreated, unconscious potential. When Jesus walked on water, you're meant to think of Genesis, the Spirit hovering over the water.

In summary, that story means that the invaders are unclean, they are pigs, and they will run down to the west and die, returning their uncleanliness to the water, where they may be remade into something clean. Demons, in this case, could (not saying definitely) be a useful tool of rhetoric - and this is the classical world, so rhetoric features strongly as one of the seven classical liberal arts - the subjects of study for education. I'm not saying it didn't happen - idk - but I don't think the purpose was to tell us about demons.

I think its my duty as a Christian to be skeptical of things that I can't verify myself.