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Momo
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The Host of Round the Fire with Momo šŸ§”šŸ’œšŸ„©

Yeah, that’s how I connect my Core to my Sparrow - through setting up the Electrum server.

That was not what I actually meant. I meant, it would have been a good idea for Sparrow to include Knots nodes as its public nodes. That was the point of my feature request.

I actually don't. I find him honestly ignorant. He's a great Austrian and he has practiced what he's preached. He was wrong on Bitcoin, but even that he's fixing.

Replying to Avatar Benking

nostr:nprofile1qqstustrdclx6tlfncr9yqxu32grf7gjspj0mnfekadxnq72u4wyjzgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrthwden5te0dehhxtnvdakqdunuhg

BREAKING: šŸ‡µšŸ‡± Poland just elected pro-Bitcoin Presidential candidate Karol Nawrocki šŸ™Œ

ā€œPoland should be a birthplace of innovation rather than regulation.ā€

Hate to break it to you, but he's just a commie. I'm not optimistic anything good comes out of his presidency.

I didn't find it as such. It came off as he always wanted to say it at his face and he finally did. What's more, Peter is not poor at all. I'd cojecture to say that he might be way wealthier than Saif himself - and he might remain as such, cause now he has Bitcoin in his portfolio, of course, along with some other shitcoins.

Inviting Peter to the Bitcoin conf was a wrong move from the beginning and what contributed to the shit-show atmosphere of the catasrophe this conf was. Why invite him in the first place? It's a fucking Bitcoin conf. Not a place to gather celebs and politicians.

Replying to Avatar mike

Hey nostr:nprofile1qyf8wue69uhh2mtzwfjkctf38g6rsdpcqy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqpqheqkxm37d5h7n8sx2gqdez5sxnu39qrylhxnnd66dxpu4e2ufyysfg47xc

Saw your YouTube video supporting unrestricted OP_RETURN

Your discoveries were already understood and was never the real discussion. We always understood that miners and NFT artists benefited from an unlimited OP_RETURN

Questions:

1. What is the reason to remove the limit on OP_RETURN? And I don’t mean, it doesn’t matter, so you may as well do it anyway. This is misdirection. Why remove the OP_RETURN limit. There is no public answer, which means there is a private answer we are not being told.

2. Why do you want a single ā€œCoreā€ version of Bitcoin running on all nodes and not multiple version for diversity and strength, just as we want multiple mining pools and mining hardware.

3. Why do you want to allow Core developers to be allowed to make decisions without consulting you. Despite nearly 100% rejection of OP_RETURN delimiting, Core pushed through the change anyway.

4. Core developers like Todd and Lopp have consistently patronised node runners by telling us we don’t need to be told what they are doing because we wouldn’t understand. Do you think this is appropriate behaviour. Do you like to be talked down to by others, I don’t.

These are the issues, not the points you raise which we understood from the beginning. We agree it is unlikely spam can never be stopped, but that doesn’t mean we shouldn’t try.

Yes, if some miners can make more money pushing through JPEGs then they will and this will disadvantage miners who don’t.

However Ocean are looking to change the low fee model of Pay Per Share (which is subsidised by Bitmain, the real villain here) to Pay Per Block, which is less reliable income for miners, but a higher income for miners.

If Ocean can tip the balance to miners earning more money on PPB, then they will follow a no JPEG template because it pays more than a PPS template with JPEGs. This is a win for node runners and a win for miners. Nash equilibrium as work inside Bitcoin.

nostr:nevent1qvzqqqqqqypzp0jpvdhrumf0ax0qv5sqmj9fqd8ez2qxflwd8xm456vretj4cjgfqyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqsytxfldgx898xq3uffml5huqa4gql47k90vrnk7xxf96gpve3pjzc3jswjk

Well, it doesn't mean he can now retire and go back to being an asshole.

Replying to Avatar mike

Hey nostr:nprofile1qyf8wue69uhh2mtzwfjkctf38g6rsdpcqy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqpqheqkxm37d5h7n8sx2gqdez5sxnu39qrylhxnnd66dxpu4e2ufyysfg47xc

Saw your YouTube video supporting unrestricted OP_RETURN

Your discoveries were already understood and was never the real discussion. We always understood that miners and NFT artists benefited from an unlimited OP_RETURN

Questions:

1. What is the reason to remove the limit on OP_RETURN? And I don’t mean, it doesn’t matter, so you may as well do it anyway. This is misdirection. Why remove the OP_RETURN limit. There is no public answer, which means there is a private answer we are not being told.

2. Why do you want a single ā€œCoreā€ version of Bitcoin running on all nodes and not multiple version for diversity and strength, just as we want multiple mining pools and mining hardware.

3. Why do you want to allow Core developers to be allowed to make decisions without consulting you. Despite nearly 100% rejection of OP_RETURN delimiting, Core pushed through the change anyway.

4. Core developers like Todd and Lopp have consistently patronised node runners by telling us we don’t need to be told what they are doing because we wouldn’t understand. Do you think this is appropriate behaviour. Do you like to be talked down to by others, I don’t.

These are the issues, not the points you raise which we understood from the beginning. We agree it is unlikely spam can never be stopped, but that doesn’t mean we shouldn’t try.

Yes, if some miners can make more money pushing through JPEGs then they will and this will disadvantage miners who don’t.

However Ocean are looking to change the low fee model of Pay Per Share (which is subsidised by Bitmain, the real villain here) to Pay Per Block, which is less reliable income for miners, but a higher income for miners.

If Ocean can tip the balance to miners earning more money on PPB, then they will follow a no JPEG template because it pays more than a PPS template with JPEGs. This is a win for node runners and a win for miners. Nash equilibrium as work inside Bitcoin.

nostr:nevent1qvzqqqqqqypzp0jpvdhrumf0ax0qv5sqmj9fqd8ez2qxflwd8xm456vretj4cjgfqyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqsytxfldgx898xq3uffml5huqa4gql47k90vrnk7xxf96gpve3pjzc3jswjk

Hi Mike,

Appreciate your comment. Here are the answers I have for your questions:

1. These are the reasons in favor of removing OP_RETURN:

a) It avoids endless debates over byte limits (120, 200, etc.), letting devs focus on more critical improvements.

b) It simplifies the codebase.

c) It reduces incentives for out-of-band miner payments for non-relayed transactions, promoting a more transparent network.

2. I don’t support a single-node implementation approach. While I agree with removing the OP_RETURN cap, anyone can choose to stay on an older version, switch to Knots, or re-enable the function in v30, since it’s gonna be only marked as deprecated, not removed.

That said, I haven’t fully weighed the coordination trade-offs of using different implementations, especially in the context of a UASF. For now, I’m simply stating that I plan to upgrade (only months after the release, not immediately). I'm not advocating that everyone should upgrade.

3. If there were strong technical reasons against this change, Core devs likely would’ve pushed back (based on the environment I know now, as I find most of them honest). The lack of convincing arguments to keep the limit justified the move. Again, migration or opting out of the upgrade is a valid stance for those who disagree. That's what I would have done if I was still in favor of keeping the limit and if Core ever implements something I strongly oppose—like hypothetical tail emissions proposed by our boy Peter Todd —I’d either stop upgrading or switch implementations.

4. I generally disagree with their approach and share your view—they often come off as elitist, which I find abhorrent. I do not vouch for their behavior. I just happen to be in favor of a change they are in favor of too.

Lastly, your point about Ocean is worth pondering. I haven’t dug deep enough to understand how they differ from other miners, and I’m skeptical of their marketing for now. From what I have learned so far, there is no guarantee they can fulfill their mining decentralization claims. But this is a point I'll keep an open mind to.

Exactly!

Isn’t it incredible that our friends in Silicon Valley have found out that the emotions that divide us the most are what keep our eyeballs on the screen?

Oh, I see. What I am highly critical of when it comes to Todd is his advocacy for tail emissions.

I can say my culture and his have something in common. We have a respect for people who are older than us, even if we consider them wrong. It’s incredible to see he hasn’t got a shred of those traits in him.

HFSP doesn’t sound like an argument to me and laughing at a fellow Austrian’s face and ridiculing them doesn’t help your arguments.

Yeah man. We created an episode then (though in Persian). We were like ā€œyou have tried to find the most unlikely candidate for being Satoshi and have introduced him as Satoshi!ā€

That was our main criticism, though I really don’t care he is and despite the fact that I used to voice my opinion on who he might be, I refrain from doing so anymore, as I don’t see it productive.

I think it was an HBO series though. Before I invested any time in watching, they proved they’re just full of it and saved my time :)))

Todd has really some nasty, unpopular opinions that makes me even think if he has even understood Bitcoin.

Though I can understand his reasoning for his PR and quote one of his demonstrations, naturally it doesn’t mean I agree with whatever comes out of his mouth and boy, has he got a mouth on him!

I have a lot of respect for Saifedean. I genuinely owe him for single-handedly orange pilling me.

But what I do NOT appreciate is his abrasive attitude.

He’s incredibly knowledgeable and presents strong arguments—but what he seems to take the most pride in is ridiculing Peter Schiff and saying ā€œHFSPā€ at his face!

Maybe it feeds his ego. Maybe it’s entertaining. But it does nothing to help onboard more people to Bitcoin.