HoneyBadger ATMs gave me a stack of these plastic Bitcoins. I want to use them in my classroom with my students but need some ideas as to what exactly.
Thinking of ways to earn them and then they can cash them in for something... 🤔
Is it possible to have Sats sent to a domain that isn't yours... and even if they don't have a Lightning Wallet set up...
One is created that only they could access if they so chose?
🤔⚡️🤙
lnbc10m1pj00ykwpp5qmqglahl0fwplkj6kpry0fku264ckq2mw35e0pksmms9sugmatpshp5fffae4qpl83jfj8fuy4m3t4w5wfq89t4xychnawcj3sejyqkrf9scqzzsxqyz5vqsp5auu70e9zttrjta9xd73j3tznu79edw904r9jy20gptvxszf5rw5q9qyyssq65nqtrdc33zrrw84l25jhhpr9z9wg6v7ga6f6mxgnlz80dcgttn84683t5hl4wdxlct5gvjj3hk3wagkhtcy04tyzkv73qmajej8j4cqdj5wgn
Basically the story of DeLorean before they went under.
Worst I've heard is that we need it "because there could be an Ethereum copy run on Drivechain!"
😦
🤯
🥴
No.
nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 wallet. Best UX in the game. Prove me wrong.
⚡️⚒️⚡️
Waiting for a regulated spot bitcoin ETF? Its already here.
A lot of headlines in the US around last week's U.S. Appeals Court decision that characterized the SEC's argument against a spot BTC ETF as 'arbitrary and capricious'. It was.
While the issue remains unresolved, the opportunity in bitcoin is only clearer for reasons shared here, https://lnkd.in/eewhFQjR
For those wondering if a spot BTC ETF exists in North America, it does, in Canada.
Canada provided a regulated spot BTC ETF years ago, well before the SEC dug their heels in against clear institutional and retail demand.
How did Canada get there first?
They did the work.
Canada's Senate Committee on Banking, Trade and Commerce sought out and engaged experts like Anthony Antonopoulos (AA) in true exploration on the topic over 10 years ago. See video here, https://lnkd.in/exzReRX9
For those that do not know Anthony Antonopoulos, think, Sergey & Brin, Milton Friedman and Michael Lewis rolled up into one.
Before FTX, before COVID’s policy response that fueled inflation, Canada laid the foundation that helped grease skids for firms like 3iQ to push bitcoin from opportunity to regulated reality for retail and institutions alike.
Statements from Antonopoulos' 2014 appearance in front of the Canadian Senate Committee on Banking, Trade and Commerce predicted both the side-show developments in crypto including the 'creation of coins by children (how old is SBF?), entertainers, and football teams', stating that 'most will hold just entertainment value, but some may assume greater value’ Antonopoulos' testimony danced between refreshing and shocking for its…
Civility.
AA and the Canadian Senate Committee engaged in true parliamentarian discourse. Questions on topics ranging from crypto currency and economics to technology were posed in pursuit of learning, and not the more familiar banter to 'score points', or make the other person ‘wrong’
Prescience.
AA predicted both Meme coins (Dogecoin?) and the dominance of just a few coins. Today, BTC and ETH represent approximately 72% of total digital asset market value.
Honesty.
Canadian Senate Banking Committee members sharing that Central banks change monetary theory every 20 or 30 years, asking why BTC's 'policy' would endure.
AA’s response was equally open, honest and by extension authentic, trustworthy and informative.
This engagement could have been a road map for the US, but the SEC and certain US. Senators and Representatives appear to have chosen obstinance over discovery.
As a result, Canada and now Europe and the UK are leapfrogging the US as it relates to clarity for developers and businesses to advance this growing technological and economic opportunity.
Why wait?
I can't attest to of this is objectively how it played out. But I think it's at least very close. And Anthony doesn't get enough credit. He's an OG and the best of the best IMO. No BS, just info type of guy.
Actually. This is a decent idea. Nice
Some miners want it cuz, greed. And some ethereum and Solana guys want to piggyback off of it instead of collateralizing BTC as an asset like anything else.
Fugazi.
nostr:npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399s on nostr:npub1jfujw6llhq7wuvu5detycdsq5v5yqf56sgrdq8wlgrryx2a2p09svwm0gx about Drivechain:
"Here is the "drivechain canon," a series of 4 essays by fiatjaf, myself, Paul Storcz, and John Light:"
Drivechain
by nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6
https://fiatjaf.com/drivechain.html
Answering Objections to Drivechain
by nostr:npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399s
https://stacker.news/items/127974
Blind Merged Mining
by Paul Sztorc
https://www.truthcoin.info/blog/blind-merged-mining/
Another response to the “miners can steal” critique of Drivechain
by John Light
https://lightco.in/2022/06/15/miners-can-steal-2/
I'll also just start you off with several of my attempts to boil down the essence of drivechain into as few words as possible:
What makes a drivechain different from a federated sidechain like liquid is this: with a federated sidechain, all deposits are held in an address where 15 people can vote on what to do with it. These 15 people are trusted to let the "right" person withdraw the money. On a drivechain, all deposits are held in an address where a set of bitcoin miners -- namely, 50% + 1 of them -- can vote on what to do with it. Miners (in general) are trusted to let the "right" person withdraw the money.
And:
Bip300 works by creating a new type of timelock. A bip300 timelock is similar to OP_CHECKSEQUENCEVERIFY, which is the timelock where you can only spend your coins after waiting X blocks. Bip300's new timelock is different because it lets any miner increase the value of X by adding a message to their bitcoin block. A person enters a drivechain by depositing coins into a “drivechain deposit address” that uses this timelock. If, later, two different people try to spend those coins, the timelock gives miners time to decide who should "win."
A miner who sides with the second person can increase the value of X for the first person, delaying their withdrawal attempt, but leave the second person’s attempt unhindered. Each miner can delay either withdrawal attempt, or both. Whichever attempt is delayed by fewer miners will succeed and the other one will fail, unless both attempts are delayed long enough to allow yet another attempt to succeed before them. By this method, 51% of miners get to choose who can withdraw the coins first.
And:
The essence of a drivechain's "deposit address" is one where a withdrawal attempt from that address can be delayed indefinitely if miners keep incrementing an integer, but miners can only increment it once per bitcoin block, and incrementing it is optional.
And:
Anyone can try to withdraw from a drivechain, but each withdrawal has a timed delay, during which miners can check if the withdrawal is authorized by the drivechain’s rules. If it’s not, any miner can extend the delay to let an authorized withdrawal happen first.
source:
https://stacker.news/items/228754
in response to
The Drivechain bluff
https://gist.github.com/fernandonm/41eaaf4b1875c3f10b040afad995d24d
Fugazi.
I support a hard fork.
I'm suggeating it to be a hard fork. Learn the difference yourself ✅️ Why are you commenting if you don't understand the basics?
This is FOSS! Go have at er!
Here: go Google search "Bitcoin Cash" (Bcash) and report back.
K good. Tell me what you learned. Hope it helped!
A hard fork makes everyone choose which idea is the most popular and which they want. And, most importantly, it's proof of work. ✅️
So... if Drivechain is SUUUUUCH a great idea, then 100% the hard fork will succeed, right????
Right???
Right!
You Drivechain guys should all support a hard fork! Show eveyone! Go on. Come on. Show us. Propose it to miners. Let's see.
Ya know. The drivechain crew would get more respect if they were at least upfront with their actual endeavors.
Are you a Solana guy? Can't wait to Drivechain some Ethereum derivitive? What EXACTLY do you want Drivechain for????? 🤔
Exactly. Checkmate.
There's no good reason. Only shitcoining bad projects which are rugpull pump n dumps and increasing miners activity.
Which are you?
Then there's no need for this lol. At all.
Multi sig and put up bitcoin as collateral like any other collateralized asset.
Or hard fork it and do whatever you please.
Orrrrrr. If "creativity" is the key thing here... go prove it with another alt coin.
I fully support a hard fork! And I fully support proposing Drivechain to say Litecoin, or Shiba Inu coin or Bitcoin Cash.
I just went to coinmarketcap and was surprised so many Alts are still trading for anything. Solana is $19 😳. Bitcoin SV is even still hundreds.
Made it 37 seconds into this. From the horses mouth so to speak:
"[Drivechain is a result of some Bitcoiners] to want to have more creativity and innovation, and to try things out."
Nope.
No.
Why?
Here's the litmus test:
---> Does any core upgrade improve Bitcoin as the hardest, soundest money ever? (Scarcity, portability, durability, fungibility and recognizability [verifiable, permisionless])
If not, then immediately no.
Immediately no.
Bitcoin is money. Period. Any "upgrades" must be upgrades to its principles as money.
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