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BitcoinIsFuture
77f56243a824d22573fb755dd52c73c14986d15c0c98512d45f4deb08e9f879a
#Bitcoin #LightningNetwork #Freedom #Peace #Truth #Love Bitcoin, NOT cryptoshit! Not your keys, not your Bitcoin! CBDC is slavery! Bitcoin is Freedom Money! Nostr Public Key: Public Key (Hex): 77f56243a824d22573fb755dd52c73c14986d15c0c98512d45f4deb08e9f879a Public Key (bech32): npub1wl6kysagynfz2ulmw4wa2trnc9ycd52upjv9zt297n0tpr5ls7dqk5caw8

We got the idea but intelligent content is always welcome.

Matt Kratter is helping a lot too.

We Bitcoiners stay free and sovereign individuals'

Running #Bitcoin #Knots

Run your Bitcoin Knots nodes.

The creator of that transaction is a forever troll.

Filters and limits work.

80 Bytes are allowed for legitimate uses.

100 000 Bytes are not allowed and not wanted, a bloat spam.

Here an explanation - https://archive.is/j5KWw

nostr:nevent1qqstcddemg8wwk4xxjnzjehj7xn93negjw0dateqwc0cqjcj3arwmagpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtc6z7vxv

Me too bro, keep up the good spirit 🤙

We are all together in it and our goals align.

I repeat it often but for me:

#Bitcoin is THE Global Most Secure Decentralized Unconfiscatable Peer-to-Peer Scarce Hard Sovereign Freedom Money and Greatest Store of Value 🧡⚡️🫒

and

#Bitcoin is Hope for Humanity 🧡

Replying to Avatar Nostrostr

I’ve had a couple of days to collect my thoughts on the whole Bitcoin Core fiasco. I’ve heard a lot of different perspectives from a lot of respectable bitcoiners, and I’ve learned a lot about Bitcoin in the process.

1) there is obviously demand to put non-monetary data on the Bitcoin blockchain. I think this is generally a waste of block space and provides no benefit to the ecosystem because Bitcoin is a monetary network, not a database.

2) Core’s attempt to push an update that removes a node’s ability to control the transactions that get relayed from their mempool is an overstep of power. It highlights the need for a more decentralized developer community. Nodes should be able to configure their settings however they see fit. Optionality is key. However, nodes already have the option to run any version of Bitcoin Core.

3) if people continue to demand block space for non-monetary data into blocks, we will see more services like Marathon’s Slipstream that allow people to circumvent the filters that people have on their mempools. If these people are willing to pay a higher fee rate than the rest of the network, their data will make it into the blocks regardless of the filters - unless bitcoiners are willing to make a fork that rejects blocks that have arbitrary data in them. I’ve heard that this would be nearly impossible to implement as there would be disagreements about what counts as arbitrary.

4) if this arbitrary data is truly worthless, funding for it will eventually stop, and Bitcoin will return to being used for purely monetary purposes. In the short term, it could be annoying to compete with scammers for block space, but the fees will drop when they run out of money. Trust the incentives.

Overall, putting non-monetary data on Bitcoin’s blockchain is a joke. Core should give nodes as much optionality as possible. Inscription scammers are hard to stop, but they will price themselves out of the fee market as people realize that their arbitrary data is worthless. We should do everything we can to remain in consensus because the Bitcoin community is what makes this whole thing worth talking about in the first place.

nostr:nprofile1qqs8fl79rnpsz5x00xmvkvtd8g2u7ve2k2dr3lkfadyy4v24r4k3s4sppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7c9ljrg nostr:nprofile1qqsr6tj32zrfn7v0pu4aheaytdnnc6rluepq73ndc2tdjzus34gat9qpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpz3mhxue69uhkummnw3ezummcw3ezuer9wcmp77kt nostr:nprofile1qqsggcc8dz9qnmq399n7kp2yu79fazxy3ag8ztpea4y3lu4klgqe46qpz3mhxue69uhkummnw3ezum3dw35jumt99uq3wamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet59up0zady

Mostly agree with you.

For me the best approach for defense is both limiting space for spam + spam filters together with the financial incentives. As you say Bitcoin is Monetary network, not a multiple purpose decentralized database / shitcoin.

The more friction for spammers, the better.

And I would like to point to the fact that all shitcoins are worthless centralized grabage scam created out of thin air but due the strong propaganda ordinary people are getting brainwashed and are throwing their money into the casino shitcons. So we can not fully rely on incentives.

That is actually no joke, because "GitHub, Inc. has been a subsidiary of Microsoft since 2018."

#Bitcoin being censorship resistant monetary network means:

1. Bitcoin never refuses account to anyone

2. Bitcoin never refuses financial transaction

3. No one can confiscate other people's Bitcoin

4. Bitcoin having certain degree of privacy

5. THE Global Most Secure Decentralized Unconfiscatable Peer-to-Peer Scarce Hard Sovereign Freedom Money and Greatest Store of Value 🧡⚡️🫒

#Bitcoin being censorship resistant monetary network DOES NOT mean:

1. Adding spam to the Bitcoin blockchain - jpegs, audio, video etc.

2. Addition too much bload non-monetary data (~80 Bytes worked fine for long time)

3. Converting Bitcoin into a meme/NFT shitcoin

Long Live #Bitcoin and run you Bitcoin Knots full node.

#Bitcoin is Hope for Humanity 🧡

Bitcoin full nodes like Bitcoin Knots are securing the Bitcoin network and miners must comply with the Nodes and provide consensus-compatible blocks. So if majority of Nodes filter out spam, it will be very hard for spammers to turn Bitcoin decentralized freedom Monetary network into a meme shitcoin. "Nodes define what "miner" is." This is explain here:

https://medium.com/bitcoinerrorlog/who-secures-bitcoin-95b19bbcda3c

A balanced explanation about OP_RETURN is here:

https://archive.is/j5KWw

And some of the risk of leaving spam unfiltered and unlimited are in the following screenshot:

I hope that would be helpful.

I think its a matter of organizing the data streams.

I use Gossip desktop app for security and responsiveness (private key stays on local machine).

It allows me to put different people in different groups and groups can show all comments / replies of individuals or just main posts / notes.

This reduces noise dramatically. Focus is on what matters.

Cheers bro and thank you for what you do for Bitcoin.

Nostr has no 2nd best.

Nice to hear then that you think jpegs, audio, video and other non monetary data is spam in the Bitcoin monetary network.

I know you want to make Bitcoin audio / video straming service but this is not what Bitcoin is for.

Bitcoin is THE Global Most Secure Decentralized Unconfiscatable Peer-to-Peer Scarce Hard Sovereign Freedom Money and Greatest Store of Value

And should remain being that.

I told you to read this but it seems you didn't do it.

https://medium.com/bitcoinerrorlog/who-secures-bitcoin-95b19bbcda3c

"What about Miners?

Miners are suppliers of blocks, nothing more. Nodes demand consensus-compatible blocks as a vessel for key reassignment. Miners’ ability to influence the protocol is limited to the wiggle room within the protocol’s magic numbers.

For example, they can limit blocksize if they can cooperate and coordinate over shared incentives, and they can exclude transactions in the same way. But when a miner exercises any power that is detrimental to consensus they approach high risks at a quick pace.

This same dynamic applies to re-orgs, 51% attacks, etc. These attacks are not only risks to miners in that there is a cost in sacrificing blocks or failing probabilities, they run the higher-level risk of being entirely ignored and excluded from extra-protocol consensus, the market itself.

Nodes actually define what a “miner” is."

There are meme shitcoins and NFT shitcoins for jpegs.

rounding error ... no one cares about rounding error

We speak about the following scenario.

So for you JPEGs (of butts and dicks) on the Bitcoin MONETARY network are not spam. You would allow, like any shitoiner, even audio, video and whatever people want. Maybe make the blocks bigger to put MP3s. Its the people data which is not spam for you.

For me and my Knots node, this is spam.

spam is valuable only for spammers

Bitcoin is monetary network for monetary transactions. There are meme and NFT shitcoins for spam.

And nodes create the network and enforce the rules.

"So, who secures Bitcoin?!

If securing Bitcoin requires consensus on what Bitcoin is, and Bitcoin is a database of values assigned to keys, and Bitcoin has a protocol for reassignment of keys, then securing Bitcoin can only be done by … your node!

Nodes! Nodes! Nodes!

In the end, YOU secure Bitcoin, but the only time that matters is when you agree with someone else on what Bitcoin is, and the only way that you can express yourself to others is via your node.

You can try to abstract this and say that hodlers of last resort secure it, or that you can express yourself by buying or selling, but the only way you can actually communicate yourself is via enforcement of the protocol.

What about Miners?

Miners are suppliers of blocks, nothing more. Nodes demand consensus-compatible blocks as a vessel for key reassignment. Miners’ ability to influence the protocol is limited to the wiggle room within the protocol’s magic numbers.

For example, they can limit blocksize if they can cooperate and coordinate over shared incentives, and they can exclude transactions in the same way. But when a miner exercises any power that is detrimental to consensus they approach high risks at a quick pace.

This same dynamic applies to re-orgs, 51% attacks, etc. These attacks are not only risks to miners in that there is a cost in sacrificing blocks or failing probabilities, they run the higher-level risk of being entirely ignored and excluded from extra-protocol consensus, the market itself.

Nodes actually define what a “miner” is."

Full text here:

https://medium.com/bitcoinerrorlog/who-secures-bitcoin-95b19bbcda3c

All good, and yes I agree with you.

We, the people with different opinion are the cult, the trolls, the aggressive ones, the oppressors ... I am sure I have noticed even more "definitions"

I say we simply cherish freedom, peace, sovereignty, property and love and we want Bitcoin to continue be freedom sovereign money it is now.