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Excellent rebuttal to a simplistic analysis that may not be specifically supported by Russia but clearly relies too uncritically on putin’s propaganda. Slava Ukraini; Garoyam Slava! 🇺🇦💪🏼

Important insight expressed as poetry

I’m not on Twitter (X); never have been; came to Nostr because it’s decentralized. Don’t know much about it yet, but like music and art. Have a little gold and silver because I don’t trust the Fed (or any of the rest of that primate subspecies. Have a bit of bitcoin too and won’t vote for Biden or Trump. Otherwise, I don’t fit the Nostr profile - I’m 70 and remember Kent State and 1971.

Taking out 2 of 10 of Russia's nuclear early warning defense systems (especially ones very deep in Russia) doesn't sound like the right targets for Ukraine to be hitting. I'm aware of what Ukraine is "claiming" but I don't buy it. Article here: https://www.reuters.com/world/europe/ukraine-drone-targets-russian-early-warning-radar-record-distance-kyiv-source-2024-05-27/

Are we sure the West isn't attempting to achieve nuclear first strike capability?

... and are you sure that you don't want to move to New Zealand or somewhere else outside of the beligerant countries, maybe just for the next 4 years or so until we see how this is going to play out?

I suspect the West already has nuclear first strike capability. There are plenty of idiots in Western governments but one thing that is more clear than most things is that the world will be better off the sooner Putin is turned into compost.

Good advice. I do this routinely. Good practice for needing to cross a border with nothing but the clothes I’m wearing and a string of meaningless words I won’t forget.

Priorities

This is all well and good, but I have a problem with the belief that regulation by government adds value. It doesn’t. It adds cost and costs time. In rare cases it prevents harm, but then trumpets those rare cases to acquire even more power. I’m not smart enough to solve the problem or charismatic enough to rally a crowd, but I am stubborn enough to refuse to comply and smart enough to evade. To hell with government.

Replying to Avatar L0la L33tz

I wrote a very basic overview of watermarking, fingerprinting, timing analysis and supernodes for Bitcoin Magazine's last print issue, which is pretty much an unsolicited advertisement for why I think we need a second mempool (and also mixnets, but thats a longer story). Since no one cares about stuff like this on Twitter anyway, I'll explain here.

Bitcoin has a privacy issue on baselayer. I know this. You know this. Everybody knows this. The problem is that there's a lot of stuff we can't do to solve this issue without completely fucking up how Bitcoin works, like, say, anonymous amounts. But there is some stuff we *can* do to increase privacy on the Bitcoin baselayer. One of those things is incorporating a second mempool to integrate Dandelion++, the routing protocol used in Monero. Hear me out.

One of the ways blockchain surveillance firms identify who what transactions belong to on the Bitcoin blockchain is by operating so-called supernodes. A supernode sets up as many connections to other nodes as it can, and by doing so can establish where a transaction was first seen in the peer-to-peer network, ergo ascribe whom a transaction belongs to.

Here's where Dandelion++ comes in. Instead of propagating transactions to *all* connected peers, Dandelion++ propagates transactions like, well, a Dandelion.

In Dandelion++ propagation, Bitcoin nodes send transactions to *one* peer, instead of to all of them. This peer sends it to another peer, they send it to another peer, and so on and so forth. This is called the "stem phase".

When we've established enough plausible deniability, Dandelion++ reaches the "fluff phase". At this point, a node that did not *create* the transaction, but is simply relaying it, propagates it to all nodes in the network it is connected to, including supernodes, and the next node does the same, and so on and so forth – business as usual.

Incorporating Dandelion++ (or any other anonymizing propagation protocol, like Dandelion, Dandelion Lite, or Clover) would arguably seriously fuck up the blockchain surveillance stick as we are taking away the most obvious attack vector for blockchain surveillance firms. It's also not a trivial task, see ajtowns' overview of stempools (and no one wants to maintain another mempool on bitcoin, if we're honest). But it's a really interesting proposal to think about to increase privacy on Bitcoin that, yes, would be a lot of work to implement and maintain, but also does not get talked about enough imo for everyone yapping about Bitcoin baselayer privacy.

AJ Towns' Stempool overview: https://gist.github.com/ajtowns/f3a19c33b80750a47c5b83ecf6a09aaf

BM Article:

https://bitcoinmagazine.com/print/whistleblowing-in-the-surveillance-age

Thanks for this good info. I’ll look up your article in Bitcoin Magazine also. I can’t do much to help directly bring this into implementation, but I can be one of many voices supporting and using it as it gets started. I expect the fight to preserve privacy against the authoritarian attacks by most governments is going to be a hundred years war, and it takes mire than front line warriors to win such a war. Keep up the good and intelligent fight!!

I think you’re right. Thanks for posting the info a few days ago.

Imagine how terrible it would be if this became a trend! - - N. Korea, Myanmar, Russia, Afghanistan. . . where would it all end?

Very cool. I still have a black rotary dial phone and it still works, but I terminated my landline this year. 📞

This is part of setting up a deal with Jefferies LLC to sell them up to 45 million shares (in amounts and at times chosen by GME) via an “at the market” offering. Public companies do this sometimes when their stock price is high or they expect it to go higher but the filing can also have a depressing effect on price since it’s “inflationary” in terms of outstanding shares.