Lol so now the mediocre hodlers suddenly of interest? Oh what a tangled web we weave
Lol didn't think a meme would be that triggering
When you aped into #Bitcoin and now you have a respectble sized net worth and a portfolio that you need to manage responsibly
Thanks for the deep dive, I hope the capital does allow them to improve the hardware, a more powerful pi can't be a bad thing, I just guess support will come from open source ventures for the old deemed unprofitable parts of the business
Raspberry Pi goes public, wonder how this will affect their product, history tells me it's not usually for the better, but lets hope they buck the trend
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Absolutely, having lived under apartheid, I have to agree, we received the right to study what we could qualify for, travel where we want, work where we could provide value and it generated a boom but we as people are finding out now, if you can't safely store away the product of your labour, your freedoms are diluted
Good luck, hope you score the position and it brings you fulfilment and many more sats
I am always open to discussions, and happy to take the time to verify things myself, if you can point me in the right direction, I run my own node, I have my own lightning node, I've tried liquid I actively use these things now
I've used EVM chains like ETH, BSC, I've tried out MATIC, I've used TRON they're all pretty much variant flavours of the same flaws.
I've yet to see a blockchain that hasn't sacrificed decentralisation and simplicity for throughput
Isn't that the point of an open ledger?
Proof of work for sure, if you're not really engaging, no ones going to bother with your hot take of the week
How so? I've used other blockchains in the past, I've looked into it, I've read their non-sensical fantastical white papers, why is the burden of proof on me to prove that my claims are backed by something but these altcoins have no burden of proof to back up their claims?
Lol you telling me you're an exchange and paying 254 BTC in fees was the better option than hiring a dev to run scripts to stagger these transactions?
Pretty sure they could have saved over 200 BTC easy
Make it make sense
Cold have netted some sweet blocks, some fees were more than the subsidy
Mempool looking chill after OKx doing some UTXO spring cleaning with
- 2385 transactions
- spending 357092 inputs
- consuming 103 MvB
- 246.65 s/vb avg fee rate
- cost 254.28 BTC in total fees
- (17.6 million USD in fees 🤯)
- recouped 1738.26 BTC
https://coinedition.com/okx-backlog-snarls-bitcoin-transactions-fees-surge/
Its a tough problem to solve, no other blockchain is offering up anything better, LN is so far the best we've got, and even that's pretty clunky to manage on your own, but hopefully future upgrades like convenants, channel factories, eltoo make things a lot easier for the average person to get involved
nostr:npub10mxnle348mzv2dnj0ylgz3zu9gceenc29x9fr4m6mnars66j7vxsnkn8mj what do you think of this overview of current diversity of approaches amongst bitcoiners? Does it ring true to you? It looks like L2, L1, custodial, non-custodial approaches are all being investigated. But somehow, some of the talking has to happen behind closed doors...
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I think there is a lot of PTSD after failed custody in the past, we've seen so many ruggings with exchanges and that was when BTC was cheap as chips to move on-chain now that it's not the case or not always the case its' encouraging the custody model
The simplistic answer is every scaling option that doesn't allow full unilateral exit is a shitcoin, but reality isn't simplistic and people are dynamic and can choose the risk they are comfortable with using.
In the end opinions are only one part of it, and the market demand is the real test, no one has it figured out, and by trying is how we learn, yes there will be failures along the way and lost capital but that's the cost of doing business
From my understanding you could "bridge" Bitcoin to another L1, but it's always a half baked solution, since you give over custody to get an IOU on the other L1 with no way to enforce the IOU or exit without trusting the custodian, like we see with wrapped Bitcoin.
Then you might as well just use a federated model like fedi or liquid, at least you're distributing the custody risk across multiple custodians.
So far I haven't seen anything that can hit all the requirements you list above, something has always gotta give in the trade off