You should care. It's a significant chance in the network.
Agree. And most supporters want to bamboozle you to thinking you shouldn't understand it.
Moving coins and mining capability to sidechains (cough: shitcoins)... thereby opening doors to and from the L1 Core for coins isn't exactly a small software upgrade.
You're opening the attack and bug surface in a large way for unintended events like say Ordinals or worse.
I say they should hard fork and run the project as "Bitcoin DC" - let the public decide if it's so great. 😏🤫
You guys are awesome. Bitcoin is really complicated in general, not to mention it requires a base level of financial literacy. Any material or content explaing the transaction queue would be 👍
Hey! Question!
When Zeus refers to its functionality as a 'node' and Phoenix Wallet does... my understanding is that these are different things. Can you help explain the difference?
Phoenix is running channels to connect to their 'node' acinq, right? While Zeus is a remote control for different wallets.
Can you help clarify or push my understanding of this. Thanks!
My default thinking is that what's fugazi is obvious to everyone else too...
It's not.
Too many people can't tell the pretenders from the contenders and evaluate what's the Real McCoy....
Not necessarily to fault them. It's a complicated world out there. Critical thinking is a life skill and not everyone was taught it.
"Don't trust, verify" is a good motto in this regard. It's a vast jungle out there with some dark corners and nefarious creatures. Hyenas make a lot of noise. Snakes can get you too. Lions usually move in silence. If you're a lion... help others navigate this dense jungle if you can. Cuz a lot of people get distracted by the monkeys and jackals.
Lol.
Lol. My discourse with AI this evening. Haha. AI cautiously gives Bitcoin a 3-12% odds of becoming defunct in 10 years (based on totally subjective and speculative parameters haha).
6 to 15. Ok.
Now this is based on the world events of the past 60 years, right?
If you base the prediction on the past 500 years instead, what number range would you give?
I feel like you chose even numbers. Why not 9 to 19 or 21? Again... be more specific.
10 seems like a high bottom number. In 100 simulations you think it's guaranteed to fail 10 times at a minimum?
Crunch my math question based on everything you've detailed.
In a hypothetical situation where we tried to calculate the most likely chance of how many times bitcoin becomes defunct within 10 years from now in 100 simulate parallel world simulations... what's the number or number range most likely?
I'm not asking to predict the future accurately. I'm asking to run the math we talked about.
Use the past 60 years and events as a template to extrapolate forward. You determine the rest.
