I didn’t know Winnie the Pooh was banned in China. Ridiculous… 
Have you tried #Idena?
The mechanism of Sybil resistance is #ProofOfPersonhood. Solve a series of AI-resistant puzzles every two weeks to prove you’re a human and you can mine with a simple laptop or VPS. No extra consumption of electricity needed.
Let me know if you want an invite.
#idna #crypto #blockchain #mining
It seems in the miners’ interests to overwhelmingly support #Bip300 as the activity on #drivechain will generate additional revenue for them.
However, could we see a scenario where a substantial share of the hashpower would not support Bip 300?
This scenario may play out if some large mining farms are institutionally owned. I think governments wouldn’t want to see drivechain on the #Bitcoin network because those could confer more #privacy to #BTC holders.
Hence, those government-control farms may attempt to fork the network to push away the threat that drivechains represent while « stealing » the Bitcoin brand. It’s not difficult to imagine which side #BlackRock would support…
#Censorship reaches an entire new level… https://reclaimthenet.org/internet-backbone-provider-hurricane-electric-censoring-kiwi-farms-sets-a-dangerous-precedent
Here is how I would counter these arguments:
(2) Fragmentation of liquidity will happen regardless of whether #drivechain are implemented or not. Actually it has already happened with other #crypto #blockchain syphoning liquidity from #Bitcoin. Even for #BTC maxis, it would be preferable for this liquidity to remain within the Bitcoin ecosystem. To stop liquidity fragmentation, you’ll need to stop innovation in the crypto industry which can’t be done.
(3) Although it may help authorities to make the case to further regulate Bitcoin. Authorities will make a case for more Bitcoin regulations whether or not they can use drivechain to support their narrative. The narrative may be less compelling but no one can stop governmental propaganda and that shouldn’t refrain bitcoiners from innovating.
(4) Some valid point have already been made
(1) I really don’t have a strong argument against this one if not that the damage to the Bitcoin brand would be due to a lack of understanding on how drivechains work but brand perception is all subjective. It won’t be the first time the Bitcoin brand will be under attack and it won’t be the last. Education is a perpetual battle.
#Bip300
Here is how I would counter these arguments:
(2) Fragmentation of liquidity will happen regardless of whether #drivechain are implemented or not. Actually it has already happened with other #crypto #blockchain syphoning liquidity from #Bitcoin. Even for #BTC maxis, it would be preferable for this liquidity to remain within the Bitcoin ecosystem. To stop liquidity fragmentation, you’ll need to stop innovation in the crypto industry which can’t be done.
(3) Although it may help authorities to make the case to further regulate Bitcoin. Authorities will make a case for more Bitcoin regulations whether or not they can use drivechain to support their narrative. The narrative may be less compelling but no one can stop governmental propaganda and that shouldn’t refrain bitcoiners from innovating.
(4) Some valid point have already been made
(1) I really don’t have a strong argument against this one if not that the damage to the Bitcoin brand would be due to a lack of understanding on how drivechains work but brand perception is all subjective. It won’t be the first time the Bitcoin brand will be under attack and it won’t be the last. Education is a perpetual battle.
#Bip300
(1) Right but if #drivechain aren’t implemented, nothing bad will happen to them which keeps the #Bitcoin brand safe from any backlash. I think this argument still stands.
(2) I don’t see how you’re addressing the argument here. #BTC is the most liquid #crypto to date. A better crypto on a drivechain could reduce new liquidity and fragment existing liquidity for BTC.
(3) This argument is related to (1) as something bad happening on a drivechain could be spark needed for governments to push the narrative that Bitcoin needs more regulations (because it is not as decentralized as initially thought or it allows money laundering through a private drivechain).
(4) It seems like a strong counter-argument.
#Bip300 #Blockchain
The case I could see for authorities and #chainanalysis surveillance companies to want to block #BIP300:
1) #Drivechain could enable stronger #privacy for #Bitcoin. #BTC holders could anonymized their coins BTC -> private drivechain -> BTC without relying on a third-party.
2) Drivechains could enable a cash-like token with fast confirmation times that could better compete against fiat.
#Blockchain #Crypto
The arguments I can see against #BIP300 so far:
1) #Drivechain will strongly be associated with the #Bitcoin brand. Something bad happening in a drivechain (hack, scam) would reflect poorly on the #BTC brand.
2) Drivechains could siphon liquidity from the base layer. A drivechain’s token may attract more liquidity than BTC.
3) Drivechains could introduce regulatory risks. If a drivechain isn’t decentralized or is deemed non-compliant, it could help authorities to make the case for regulating Bitcoin.
4) Drivechains haven’t been properly reviewed and tested yet. There is no rush to deploy them.
#Blockchain #Crypto
To those opposed to #Bip300, what do you fear to lose if #drivechain were to be implemented on #Bitcoin?
Drivechains are optional. If you don’t use them, what could you lose or risk to lose? #BTC
This argument was refuted here: note16fuf5644r9tj8ts4m89kf0qmaefvrgz3sdm9aeaqvkttu25pmdqqc59z2n
What would be your response to explain that miners can steal funds?
The #TravelRule is being implemented on UK #crypto exchanges. It forces exchanges users to provide the identity for inbound and outbound crypto transfers. Soon, on-ramp and off-ramp crypto to #fiat will be 100% #KYC. Implications will be that your non-KYC #Bitcoin may be deanonymized by the receiver if the receiving address is linked to an exchange. #BTC #Privacy #Monero #XMR https://www.forbes.com/sites/martinrivers/2023/08/31/not-your-bitcoin-uk-crypto-firms-will-now-be-forced-to-seize-some-inbound-payments/
It takes some time to get value out of #nostr because most known accounts from other social platforms aren’t active on Nostr. But once you’ve built a solid list of new #plebs to follow, you realize that social media doesn’t have to be a waste of time. The quality of content here is so much higher.
They lied, never admitted and still they keep lying. This thing isn’t over.
If someone is dishonestly debating you, show them where their argument is positioned on the Graham’s Hierarchy of Disagreement. #tip #tipstr 
Of course, the EU sabotaged the European automotive industry with its policy to transition to electric cars by 2030. German car manufacturers have a strong competitive advantage in gas-powered cars but they are lagging in electric cars and won’t be able to catch-up. These policies have likely been lobbied by Chinese interests.
If the real goal was to reduced carbon emissions, they should have forced a CO2 reduction objective, as opposed to force a technological « solution ».
#Jitsi now requires users to authenticate via Google, Facebook or GitHub… They should at least enable authentication via the #Gitcoin passport to better preserve users’ #privacy. #FOSS https://jitsi.org/blog/authentication-on-meet-jit-si/