Avatar
Greg Tonoski
8c61573e1a44c2683de436d705e732871f2cac19df874a8722e97acb9b4f1f41

Did you know the filter was relaxed in #Bitcoin Core v. 25.0 so that transactions of the size of max. 64 bytes are not relayed whereas the value of 81 bytes had been set before:

https://github.com/bitcoin/bitcoin/pull/26265

#FixTheFilters

Thank you - Bitcoiners. Recording of the talk at the Halving Party at Bitcoin FilmFest: youtu.be/zW10cIPA2DU

#BitcoinHalving2024

So, "economic node" is simply transactor by your definition (miners are transactors too)? Why creating the new term "economic node"?

What is your definition of the "economic node"?

Replying to Avatar jack mallers

my opinions don’t change if i learn what happened in some random convo. Bitcoin doesn’t care.

we need a healthy open source Bitcoin community. period. no matter what. Bitcoin won’t succeed without one. even if we want to ossify, Bitcoin Core 26.0 won’t last us centuries to come. open source projects need open source devs and an open source community.

we should focus on no strings attached funding for devs. the community has worked tirelessly to set this up with things like OpenSats, Brink, HRF, Chaincode, etc. to enable that effortlessly for us and the devs.

we as Bitcoiners should want devs to build whatever they think is best. engineers are the artists of the digital world. the smartest most forward thinkers in the room. we want to enable them. they aren’t ever a threat, don’t mistaken them for one. why? because the only way Bitcoin can change is if we, the network, run their code. let them create. we the network, the people, decide what gets adopted.

if someone builds something terrible, we won’t run it. that’s happened many times before. see Segwit2x, BitcoinCash, etc.

often times engineers strike moments of brilliance in Bitcoin. a very famous example is Segwit and how we got Lightning. nobody thought Segwit was possible technically. was never clear if or when we’d ever get Lightning. a few open source engineers named Luke and Eric found a brilliant solution. we adopted it. we now have Lightning being enabled by Coinbase. let engineers create art. fund and support them.

wanna ossify Bitcoin? run Core 26 forever and never update. no problem. don’t wanna fund devs? no problem. we don’t need to agree on these things. however, if you want the entire network to agree with you, you need to go out and advocate for consensus around your vision. that’s just how bitcoin works. the network moves as one, not from a meeting or self elected group.

bitcoin is a distributed network. it progresses through distributed consensus. the network will act in its own best interest, not based on anything else. fund the best engineers to protect and advance the one chance we have at reinventing money for humanity. adopt what we want, reject what we don’t. if there’s anything we need to work on every cycle with new entrants is public discourse and how to arrive at consensus as a distributed network.

also, everyone should breathe. it’s all love and gonna be ok. Bitcoin was designed to not care and last through anything 🙂

nostr:note129fcpjqxnrvrm9rzv6cmj2fu0qfatmwzh5a0nrq54alej8t9ht8qgd47wp

Isn't it nativity to believe in "no strings attached" funding?

Was Ark's decision cowardice or what is the fuss all about? ETFs have little to do with #Bitcoin, anyway.

I would have been surprised if it had not been difficult to get funds with no strings attached.

OpenSats will be scrutinized and donors may be dissatisfied with funds distribution (even if advertised as "no strings attached").

You may lose sats or be cut off the service at any moment. "Don't trust" principle applies to Bitkey just like any other party.

Replying to Avatar ODELL

Coincidence?

Higher fees have been driven by spam and not by adoption. Also, #Bitcoin adoption will have little chance to increase if friction (spam and fees) does not subside.

#Bitcoin adoption > spam adoption