Avatar
Shitty Bitcoin Art
b0126b1b21630a7d0f7382f7bf3a3b190852214d783aab50f966c7a3c2bc7c77
I make shitty #bitcoin art
Replying to Avatar m4dire0701

"Pirate Chain (ARRR) is a minor privacy coin that has mooned significantly recently popping up from 30 cents to 14 dollars or so (it's halved since I started writing this article though). Pirate Chain uses the zk-SNARK technology, but unlike Zcash, uses it mandatorily (with optional transparent transactions like Monero via the private view key).

Pirate Chain has two big issues though. The first is what I mentioned before: zk-SNARKs as they have been implemented in ZEC and ARRR are not trustless. They require a setup in which theoretically, if the public parameters of the system were known to some inside party, they could print an infinite amount of the currency with absolutely no way that any other people could know.

Even if you trust the Pirate Chain developers, Pirate has another pretty undeniable problem: 90% of ARRR has already been mined and is in circulation! Yep, you heard that right: A minor niche alt-coin which has existed for only three years was put together in such away that now as big of a proportion of it has been mined as has been mined of Bitcoin in over ten years!

That means that that 90% is highly aggregated in the wallets of the two and a half people who knew of ARRR in this period, and anyone adding to the market cap is mostly just contributing to these people's bags. Even if Pirate Chain had great trustless technology (which is doesn't) it has not been set up equitably, but in a way that enriches early adopters to an extreme degree. Expect to get dumped on if you buy this stuff.

Honestly, if you want a better, more honest cryptocurrency, you could just take the Pirate setup and give it a slower and more sane emission. That would be a better choice than ARRR itself."

https://lukesmith.info/monero-and-other-privacy-coins/

Seems shitty

Bitcoin is secured by a network of computers called nodes.

#ShittyBitcoinArt finished at #bitcoin block height 862431

https://v.nostr.build/hj8jEcqyM74mA9SJ.mp4

At one point Derek Ross said he was cleaning-up his LinkedIn profile to include more conferences he spoke at. He may have been joking. I was looking for people like him that also do LinkedIn because of fiat mining day-jobs.

Are there any nostr people that I can follow on LinkedIn? #AskNostr

Replying to Avatar jack mallers

Great morning run along the Lakefront. You doing a ~7:45 pace?

If named *Derek Ross* then a guide in life you are; whether on the nostr or some foodie app.

Unlike me, bitcoin doesn’t get tired or take a break.

#ShittyBitcoinArt finished at #bitcoin block height 848694

The bitcoin reward will decrease from ₿6.25 to ₿3.125 per block at block 840000. This occurs every 210,000 blocks. #BitcoinHalving2024

#ShittyBitcoinArt finished at #bitcoin block height 839994

I know I’m shit, but if it’s in art, does it make it true? Or does it make the art full of crap?

While nostr doesn’t “need” bitcoin, it thrives on the same ethos. If you’re a bitcoiner, chances are you’re a nostr-er. I don’t think the reverse works as new nostr-people are looking for freedom from (social media) censorship.

nostr:note1th7dquzxhal24raskljsfgatp6np79zjjkynvdxhg85cww9547wqjhlmra

Usually it takes me around 90 minutes to complete my #artwork. For the piece I posted yesterday (835483), it actually took me over 8 hours!

Why would it take so long for such a “simple” drawing? Because I chose to document each line.

Just as each new #bitcoin block is a further validation of its proof of work, I wanted to use the same approach to “prove my work”.

After each line, I scanned the paper. Repeated. Over 115 times. A little muscle fatigue too for using the scanner so frequently!!

Anyway, if your time preference permits you to view my proof of work (#timelapse in under 90 seconds), then it would be great if you gave it a watch!

nostr:note18sfgw80u9z97smkx6nksu0laean5ke99p28akx3h2us3wt98yc7sdzcrz2

https://v.nostr.build/5GGwg.mp4

Regardless of your hemisphere, happy spring/fall #equinox!

#ShittyBitcoinArt finished at #bitcoin block height 835483

The three layers of bitcoin make-up property, payments and communications. Living a decentralized life:

Layer 1: bitcoin

Layer 2: lightning

Layer 3: nostr

#ShittyBitcoinArt finished at #bitcoin block height 835251