Bitcoin is anti-fragile, it is a digital organism that has an immune response. The basis for its immunity are the guardians of the network, node operators, miners, developers, and users that enshrine and embody the ethos of freedom.
The only way to attack Bitcoin is rot from within. Do not be fooled. The tolerance of spam and the removal of choice for node operators in what Bitcoin Core is doin is equivalent to an attack on the network from within.
It is up to us to say “fuck you, take that nonsense somewhere else”. We do that by not running the malware and creating/using options that protect the integrity of the mission of Bitcoin.
Thank you nostr:nprofile1qqs0m40g76hqmwqhhc9hrk3qfxxpsp5k3k9xgk24nsjf7v305u6xffcpzfmhxue69uhkummnw3ezucn4d9kxgtcpzemhxue69uhhqatjwpkx2un9d3shjtnrdakj74ygv4w nostr:nprofile1qqsvnvvlln2ru6jlyweayugxecv7ftfdlzd6zqca63sh7x6ercggjegpz4mhxue69uhkummnw3ezumtfd3hh2tnvdakqzrthwden5te0dehhxtnvdakqgpqt7c nostr:nprofile1qqsggcc8dz9qnmq399n7kp2yu79fazxy3ag8ztpea4y3lu4klgqe46qpz9mhxue69uhkummnw3ezumrpdejz7qg0waehxw309ahx5atdwqhx6ef0dfx00e and others being our champions in this matter
Run bitcoin #knots. Don't let complacency reign.
hope.com is showing 'internal server error'
Completed Programming Bitcoin Chapter 2 - Elliptic Curves.
First came across the topic briefly during undergrad, but did not really delve into it back then.
This chapter gives a nice intuitive explanation for elliptic curve and mainly discusses how the addition operation works. Addition retains some of the properties we attribute to normal addition --- commutativity, associativity, invertibility. But the operation itself involves following the staight line through the two points being added to the third point at which the line intersects the elliptic curve, and then taking its vertical reflection. (The illustrations in the book do a better job of explaining.)
The exercises in this chapter go over how to implement addition of points on an elliptic curve in Python. The next chapter will use the properties discussed in this chapter to build cryptographic structures.
I think it ultimately comes down to time preference. Real bitcoiners want their money to go towards making the future better.
I was there too. Probably the last conference with a decent serious people to reckless people ratio.
Right now, spammers are getting what they want by inserting garbage into the blockchain, miners are getting what they want---which is compensation for putting garbage into the chain, but node runners are not getting anything for their work.
Utilizing storage, memory, and electricity is work. There are opportunity costs---node runners could have been using that storage, memory, and electricity for other tasks. But they choose to do the work, paying for it out of their own pockets, to uphold the decentralization and integrity of the Bitcoin Network.
The system has been abusing their volunteer work for about three years now. The costs have risen rapidly. You cannot just easily use an old machine you would have discarded or a cheap, low powered device like Raspberry Pi. Pruning has become a necessity for most people.
There is no way to transfer a part of the economic benefits from the spammers and miners to the node runners. It's callousness to assume node runners will continue to put up with this indefinitely.
Switch to Knots. Core is compromised.
It’s not about the code. It’s about who’s proposing it.-@`Bitcoin Mechanic`
Should technical merit matter less than reputation in Bitcoin dev? 🤔
What do you think?
Healthy defense… or ideological decay?
Curious to hear your thoughts.👇
' When they propose things like OpCat, or SegWit2x, or relaxing the filters on OpReturn, it really matters who does it. You can't be that naive about it, and be like, these bad actors are coming into the space and pushing for good technical changes. You can't just be like, oh well, it's about the code. It really isn't. Not really. It should be people that you trust, because most people are going off those heuristics. Extreme example is, if World Economic Forum and Klaus Schwab were coming and saying, hey, we want to do this thing with Bitcoin, obviously you're going to say no. It doesn't matter what the code is. And actually, it would be a good attack to poison all of the good ideas we could do in Bitcoin by having terrible people present them, and make us never want to do it. That would be an effective attack, because we have to do it. It's basically politics. You have to reject even reasonable ideas from terrible actors that are seeking to build their influence over the whole culture.'- nostr:nprofile1qyv8wumn8ghj7enfd36x2u3wdehhxarj9emkjmn99uqsuamnwvaz7tmwdaejumr0dshsqgr5llz3escp2r8hndktx9kn59w0xv4t9x3clmy7kjz2k9236mgc2cnhlcdl
Both technical and ideological merit matter---ideological merit when it comes to direction, technical merit when it on matters of implementation details.
Getting rid of filters lacks both technical and ideological merit.
And make sure it's running #knots. Core is for shitcoinery.
⚡️🇳🇵⛰️ NEW - Mount Everest: two world records for Nepali climbers.
Kami Rita Sherpa reached Everest's summit for a record 31st time on Tuesday, while Tashi Gyalzen Sherpa climbed the famed mountain four times in just 15 days. Gyalzen Sherpa received a hero's welcome.
https://blossom.primal.net/8156f87a8f686eb92c950de7ba6e760354cd9011d19f4ee8a05e47be888fcc1b.mp4
Does anyone believe Hilary and Norgay were the first to climb Everest? Or is that just something english/western records want us to believe? It seems very likely that the sherpas would have climbed Everest many times long before the two we are taught in school.
It's been good! Most accounts here seem to have real people behind them.
Happy with Linux. Never going back to Malware OS.
Yo --- my first week on Nostr too!
Looks like you have a fundamental misunderstanding. There are many kinds of consensus valid transactions (which fees are attached to) that Bitcoin Core configurations have always filtered. See https://bitcoin.stackexchange.com/questions/96970/what-valid-transactions-are-not-broadcastable
Spammers pay fees for their internet too. So why not disable all your email spam filters and let all that trash in?
Gresham's Law needs some reconciling. I get what it's saying, but we also have the phenomenon of harder money displacing easier money over time, like the move from seashells or salt to precious metals.
Fees+subsidy are the bottom line, not just fees.
And what do you do when your neighbors throw trash in your yard? Do something to discourage them or upgrade to a fancier house?
I suppose different funds would deal with it differently. As for IBIT, this is what I found on their 8K filing:
>> In the event of a fork, the Anchorage Custodian Agreement provides that the Additional Bitcoin Custodian may temporarily suspend services, and
may, in their sole discretion, determine whether or not to support (or cease supporting) either branch of the forked protocol entirely, provided that the
Additional Bitcoin Custodian shall use commercially reasonable efforts to avoid ceasing to support both branches of such forked protocol.
BlackRock also has shitcoin ETF, so I wouldn't trust them to do the right thing when the time comes.
>> use of arbitrary data isn't really relevant to decentralization
Tell that to those previously running nodes on weak hardware but no longer can.
I try to focus on making good decisions, decisions that don't lead to fatal outcomes even when the predictions are off. So allow me to modify your questions slightly before answering.
Can monetary demand for blockspace remain persistently low? Yes. Even in a world on the Bitcoin standard, sidechains can pick up enough load such that JPEG inserters remain a problem. We should be ready for a scenario in which demand remains low enough for long enough, even if we don't believe this is very likely.
For your second question, if enough node operators wake up then yes. (After all, where is the economic incentive for node operators to put up with spam?) Otherwise, there would be a centralizing effect due to increasing hardware requirements. Node-level filtering has basically been highly successful in keeping spam out for Bitcoin's entire existence minus the last two years. It should return to being so.
The dollar scribbling analogy breaks down immediately. A doodle on a bill does not affect what the rest of the dollar network needs to remember before each transaction. JPEG on Bitcoin, on the other hand, is pollution externalized onto the property of node runners against their will, pollution they need to forever store and pay for.
As Bitcoin reaches another all time high, it is time for me to take my education more seriously. I plan to do so with a deep dive into Programming Bitcoin by Jimmy Song. I will share my learning journey here.


