Did Ross also "create his own problems"? How about Julian Assange ?
Midwits(you included) love to tell me these people "created their own problems"
For easy listening
Hey are you coming to the UnderMine Summit in Denver? You probably should be
Hey are you coming to the UnderMine Summit in Denver? You probably should be
I don't know a cheap way to surveil the *entire* network. I've heard people wonder if the NSA can watch basically all internet traffic by purchasing packet info from ISPs and 5-eyes countries. If they can do that, then they can probably surveil all LN transactions too.
Apart from that, if I wanted to surveil as much of the network as I could in a cheap way, I would try to use binary payment probing (a technique pioneered by Rene Pickhardt in this paper: https://arxiv.org/abs/2004.00333) to get regular snapshots of the balances of the top 50 routing nodes. His technique can get you a balance snapshot every 20 seconds.
This isn't a weakness of the gossip scheme (balances aren't gossiped), the weakness comes from the fact that probing to see if a payment will go through is free, and tells you information about whether a routing node has enough *capacity* to forward your payment.
Cool, thanks for the explanation!
But isn't there a pretty cheap(by NSA standards) way to surveil the entire lightning network and track movements and amounts of sats in and out of every node?
Isn't this a weakness of the current gossip scheme?
I think all you MSTR soy boys should just do what you all used to say before MSTR started outperforming Bitcoin......stay humble and stack sats.
Since when do shitcoins get a pass? Maybe time to bring back toxic maximalism
If on chain tx fees are high enough it becomes "hard to transport" for people with small amounts(99% of people)
Fortunately BTC doesn't care about anyone's opinion. Not mine, not yours, not Jack Dorsey's, not Saylor's, no influencers, no one, it just does what it does.
That said there is NO SUCH THING as "just" digital gold. Digital gold is a store of value that can transport across space and time in seconds in a borderless premissionless way.
Anything that can do that can never be "just" that. May be nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsqzpq35r7yzkm4te5460u00jz4djcw0qa90zku7739qn7wj4ralhe4z6d283f is being taken out of context here? May be. he means that other things need us to develop for them? But again that will happen.
Of course it can be "just digital gold". He means it will be like gold was, hard to transport, centrally controlled(for the most part), unusable for day to day transactions.
I definitely think Bitcoin could, and probably will go this direction sadly.
Freedom, financial or otherwise doesn't interest most people. People would rather be "rich" slaves than free men.
Hell yeah!! Nunchuk adding Taproot Multisig Beta🔥🔥🔥
Big Mike looks pissed
It's still in the air whether a soft fork is needed for anything.
Hey you're on Nostr!! Just saw one of your builds cross posted by someone else I follow
Yeah it's hard to say, in think long term yes, but I think the fat cats need more Bitcoin than they have now or in the near future to greatly affect the ability for "users" to enable softforks
