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Lostdog
b51e30b06ec34d57234510627fcfd34ad6a44003194adafdc0096f6d53b047eb
Nature conservation, photography, bitcoin, nostr, liberty

Reward = subsidy + fees πŸ˜‰

Statistically, there should be around 82 blocks with a reward ending in 4 zeroes. In reality it's much higher because so many blocks have been mined without any fees early on

It only endured until Corporate America discovered they could bribe Congress. America has been in gradual decline for at least 20 years. What we're seeing now is just the inevitable acceleration.

A relay would be a third party security hole on a bitcoin node 😱

Replying to Avatar walker

Talking with nostr:npub1au23c73cpaq2whtazjf6cdrmvam6nkd4lg928nwmgl78374kn29sq9t53j tomorrow on nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8

If you have any questions about ZuxBux or pizza for Giacomo let me know πŸ€™

#AnotherFuckingBitcoinPodcast

1. Do you think the good of inventing #Bitcoin outweighs the evil of putting pineapple on pizzas for Satoshi?

2. How to create ordinals of ZuxBux? There must be a way to put a shitcoin in an NFT, right?

I think ordinals are dumb, but I really don't see it as a big enough threat to worry about, let alone risk a hard fork as suggested by some.

The average block size has been increased by ~50% to ~1.7MB, but prices of SSDs have been falling faster and are likely to continue to fall in the future.

Lightning adoption seems to be stalling because of high fees to open/close channels. This sucks, especially in the places where it's needed most and can least afford it. This would have become a problem sooner or later and helps prioritizing development activity to fix this now that relatively little people friend on LN

With one exception (Ocean), miners seem to be *really* happy with the extra fees (>2 bitcoin for some blocks!) and all the FUD about insufficient security budget and the need for tail emissions has practically stopped

I'm not sure about the exact net result of ordinals, but pretty sure it's not very negative

Please also add "public locks" and "private keys". I've never met a newbie who understood the concept of having a public key AND a private key.

I know it's never going to happen because it's so widespread, also outside of bitcoin, but a man can dream!

Every now and then, the following thought pops up in my head, and it never stops to amaze me:

50% of all remaining bitcoin to be mined will be mined in the next 4 years. The other 50% will be mined in the 110 years after that 🀯

This is true for any moment in Bitcoin's history, present and future until the last halving around 2135.

1. There are differences between individuals in a population

2. These differences are hereditary

The rest is just math

Truly amazing how something so simple and elegant is at the foundation of the diversity of all life

Sometimes it's better to Google in private rather than asking silly questions in public πŸ˜‰

There's an exemption of ~$300k and a rate between 10% and 55% to be applied on everything over that threshold

One example: it's always surprised me how many "freedom maximalists" explicitly support authoritarian leaders (including some pretty brutal dictators), seemingly because democracies aren't perfect

2nd: "Libertarians" passionately defending the massacre unleashed on Gaza by the state of Israel (and yes, ofc Hamas is also evil)

Dutch cuisine... "Snert"

Believe it or not, but this is the best winter food. Keeps you warm, is very tasty and full fresh seasonal veggies, sausage, bacon 🀀

If you think about it... feminism is the only social movement to have brought about a massive social change, at an almost global level, without any use of violence. Amazing really ❀️