GM
Watch your transaction propagate around the globe.
Source: https://www.dsn.kastel.kit.edu/bitcoin/videos.html
https://video.nostr.build/5fb104d9e5c73a8bf79747b2a4f823718d15c99f7b460599dbd4e4c3ae0a90f1.mp4
GM 🧡✨🫂☕
gm, keep nostr weird
That's how I would explain the podcast with nostr:nprofile1q9n8wumn8ghj7enfd36x2u3wdehhxarj9emkjmn99ah8qatzx9kx2mrtdqeks6rcwuukserhd33hq6ekwyuhgvrcwsukvdme0fjnq7fsdeuxz7nk0fck5mtjv5ehqwfc0qehxargddm8j73lvfex7ctyvdshxapaw3e82egpp4mhxue69uhkummn9ekx7mqqyrl8767x7uecka4mlqxmgq4duev48cst9u37vm5fsgztv0xyy5u6xs34wwg if I were forced to use one sentence. We talked about heydays of Twitter bans, contributing to Bitcoin, Nostr weirdness (hello nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyw8wumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctvqqswpadlfxyehp8334vt3ags7df2y63r0yaj67p6efhhsze6n8hlt2g8td943 ) & most importantly - how "no privacy, no freedom" helps you start living free.
https://www.youtube.com/watch?v=UoEcDHEnjRM
As with all my recent podcasts - zapping Nostriches who take time to repost, like & comment on the YouTube video; show love for Max's work and your dearest Uncle.
GM my Uncle 🫂💜☕
Nice podcast 🤘
🔥🫡
GOOD MORNING FRIEND 🫂☕💜
You nailed it. Corruption and rent-seeking scale with power, and fiat enables it at an unprecedented level. Bitcoin is the only neutral, unforgeable ledger that resists this dynamic. The question is how long until the masses realize it?
I did it 🫡
The first release candidate for Core Lightning v25.02 is here!
Key highlights:
🚊 Channel backup for penalty transaction generation
💸 Smooth XPAY integration
⚡️ BOLT12 and Splicing enhancements
Test and contribute to the future of open-source Bitcoin tech! ⬇️
https://github.com/ElementsProject/lightning/releases/tag/v25.02rc1
Wow 🤩🤙🔥
I'm 615 sats Gang 🤘🔥
The Bybit hack has revived long-standing debates about the security trade-offs built into the Ethereum protocol. We cover its reliance on complex, stateful smart contracts, the systemic challenges in its design—and how Bitcoin avoids these pitfalls. 🧵
Multisig serves as a fundamental security layer by requiring more than one signer to move funds. On Bitcoin and the nostr:nprofile1qqsfjzteswm5cuyqpvvz40r0vszx4dcyql5u40xkeats5w9d48hht4guz0cnd , implementing this is simple thanks to native opcodes (e.g., OP_CHECKMULTISIG) or Schnorr-based interactivity, keeping the code surface small and secure.
On Ethereum, however, developers must create custom code to emulate multisig—leading to complexity, increased computational demands, and potentially flawed interfaces.
Ethereum contracts must manage on-chain state, handle reentrancy (where an attacker calls a contract in the middle of its own execution), and ensure that the logic for multiple signers is correctly enforced.
Ethereum also uses an account-based model with a universal state tree, meaning each contract update can influence or interact with data used by other contracts.
Mistakes in these areas can introduce critical vulnerabilities, as we have seen with high-profile incidents like the Ethereum Parity wallet hack in 2017 and now with Bybit.
https://cointelegraph.com/news/parity-multisig-wallet-hacked-or-how-come
In contrast, Bitcoin's UTXO model localizes state changes to individual transactions, reducing the risk that one contract's flaw will leak into another's operation.
While Ethereum contends with repeated contract exploits, Bitcoin and its sidechains are evolving toward more robust multisig approaches. For example, cryptographic schemes like MuSig aggregate multiple signatures into one, making multisig transactions look like standard singlesig. This benefits both privacy and efficiency.
Looking further ahead, the proposed Simplicity language on the nostr:nprofile1qqsfjzteswm5cuyqpvvz40r0vszx4dcyql5u40xkeats5w9d48hht4guz0cnd aims to provide the flexibility of a higher-level scripting language while retaining Bitcoin's careful approach to security.
https://blog.blockstream.com/simplicity-arrives-on-liquid-testnet/
Rather than offering Turing-complete smart contracts, Simplicity focuses on formally verifiable scripts (easier to audit and prove correct) and advanced features like covenants and custom sighash types, all designed to avoid the pitfalls seen with the EVM's unbounded computations.
As the blockchain industry matures, it's increasingly evident that security must be a top-level design choice—not a feature layered on after the fact. This is why we firmly believe that Bitcoin offers the best foundation for capital markets and finance.
https://blog.blockstream.com/why-bitcoins-utxo-model-is-best-for-blockchain-based-finance/
For a more comprehensive analysis of the Bybit hack and the underlying flaws in Ethereum's design, read our full report:
😄
