Subnostr

bootlace

c96b702e29e73c3610a30fcf4bc6312b17338608cb815e3e83f02b3e0556706a

i don't deserve my low self-esteem

🤔

This recent transaction strikes me as curious. Someone is consolidating about 1,000 inputs, little UTXOs of exactly 18K sats apiece, into a single output of 17 million sats. Naturally it’s a large transaction in terms of data, so at a fee rate of 16 sats/vB, it cost them over 1M sats to get the transaction into a block.

They’re spending a million sats ($650) to consolidate a thousand UTXOs into a single UTXO of 17 million sats ($10,200).

Does this look like someone paying the price of a daily DCA to self-custody? Painfully pricey, if so.

Also, the destination address is a format I don’t recognize: “15mcK…7TQU” whereas I’m used to seeing the “bc1q…” addresses. Is this multi-sig? Taproot? Some older address format from before my time?

It kind of blows my mind that we as a society actually have this pristine public ledger, which not only defines a continuous of truth and reality, but also provides unlimited learning material: kindling for the flames of curiosity.

I wonder if someone might be able to offer some insight into what’s going on with this peculiar transaction… does it look like a DCA consolidation?

http://mempoolhqx4isw62xs7abwphsq7ldayuidyx2v2oethdhhj6mlo2r6ad.onion/tx/f75539149b63e1a22af4703287c2f05c2087c8e557ac9c0ec00aae1205e903aa

#mempool

#bitcoin

#utxo

#asknostr

bootlace 1y ago

good reminder to (fairly dramatically) slow down dca withdrawal rate (take on a little more theoretical custodial risk, but lower the actual current tangible utxo size costs and risk)

Between Keonne Rodriguez, Changpeng Zhao, and now Roger Ver... it's been a very bad week for OG Blockchain dot info crew.

bootlace 1y ago

someone check on adam

GOOD MORNING, STAY HUMBLE AND STACK SATS. 🫡

DISPATCH IN TWO HOURS AT 1530 UTC.

bootlace 1y ago

gm uncle matt. stay humble, orange pill bipoc

I'm selling the seconds of a day, where the first second after midnight is called "epic", first second of every hour is a "rare" second and the first one of every minute is an "uncommon" second. Then there are the 23 "smooth" seconds, from 01:01:01 up to 23:23:23. And finally there are also the 11:11:11 and 22:22:22 seconds, which are the only 2 "regarded" seconds. I'm about to release a second scanner app, to see which seconds have special rarities. Expect an airdrop soon, but you can start bidding now!

bootlace 1y ago

i'll take all the palindromes you got

Good morning.

I spent 3 days in Spain.

I only used bitcoin on Bitrefill gift cards.

Not sure I can count Spain as a I country in which I used bitcoin in 2024 😭

bootlace 1y ago

Can you please do a quick simple abbreviated bullet list of the mechanics of the bitrefill use-case? Thanks.

I’d be happy to contribute to and use my public platform to bring attention to legal defense funds for people who build open source privacy tools, or for legal attempts to push back on unconstitutional government financial surveillance.

I just need to know that they are credible from people I trust.

bootlace 1y ago

save a few percent for prevention

average_bitcoiner

Good morning nostr.

Driving a massive Uhaul today. Wish me luck.

bootlace 1y ago

keep an eye out for low-bridge signs...I almost forgot one time...

Replying to Change this if you want

So, how you guys verify signatures when downloading APK on GrapheneOS ?

bootlace 1y ago

Sparrow wallet has a new tool

Replying to Change this if you want

So, how you guys verify signatures when downloading APK on GrapheneOS ?

bootlace 1y ago

upload to virustotal

This is my bartender that I had using Wallet of Satoshi last year. Then I moved him to Phoenix. Now I moved him to Strike. Please show him some love in this confusing time.

bootlace 1y ago

Low Information Voter

And people say "but the US government isn't blocking Tor!". Feds'd need a bunch of new lies to get around the First Amendment if they openly banned it, plus then various agencies wouldn't be able to use it themselves.

Tor still has more exit nodes than any commercial VPN. Its just that half of them are run by script kiddies trying to downgrade your HTTPS and/or fake certificates, poorly. Ctrl-shift-L fixes this, but its a pain.

Tor Hidden Services fix this better, because then the circuit doesn't need an exit.

Some Nostr relays offer Hidden Services already! All should.

bootlace 1y ago

we need some good billionaires to fund some non-profits with the mission to add thousands of relays, nodes, onion sites, exits, miners, pools, community meshes, for tor, bitcoin, and nostr, among others, something like that

A lot of developers call their animal moxie, I have 3 turtle:

Moxie

Marlin

Spike

bootlace 1y ago

we all could use a little more moxie these days, I hope he's well

The Reynolds Foundation is supporting OpenSats with a generous $1M donation, noting that they "warmly invite fellow philanthropists to join [them] in supporting this groundbreaking endeavor"

https://opensats.org/blog/opensats-receives-one-million-from-reynolds-foundation

bootlace 1y ago

That Reynolds website might be the weakest website I have ever seen. Am I missing the joke or something?

bootlace 1y ago

Fake Lyn

Shall we make a NIP to specify your resume in Nostr? LinkedIn sucks, but maybe we can make a better one? 🤔

nostr:nevent1qqsrd5xk7q7dpw80zq932r34ygylzjr4w8chvhqcm2gqt59y9j50c3qppamhxue69uhkztnwdaejumr0dspzpw85z4sgl4ewhrkuq8ll6nwmmhgnzfp5u8els0q6tvkg2yzfw4jrqvzqqqqqqygph4tt

bootlace 1y ago

Allow markdown or something?

Please vote for the Peru video on Geyser!

Every Sat will go to boosting bitcoin adoption in the country… because if I win they’re getting the sats!! 🇵🇪 🧡

https://t.co/kzyrG7QW1s

bootlace 1y ago

Done, based on your prior work. Couldn't figure out how to watch it first. More coffee...

Stepped outside the bubble this morning. They have no idea any of this exists, and could care less.

Good morning ☀️ ☕️

bootlace 1y ago

welcome home

There it is!! #bitcoin Block 840000

Welcome to epoch 5, Bitcoiners!

nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

bootlace 1y ago

epic epoch to all

average_bitcoiner

2x'd the hourly DCA in preparation.

bootlace 1y ago

I have half a mind to do the same

GOOD MORNING NOSTR, WE CRUSHED THIS EPOCH FAM. LETS RUN IT BACK BETTER AND HAVE EVEN MORE FUN THIS TIME AROUND.

STAY HUMBLE AND STACK SATS. RIDE OR DIE FOREVER. 🫡

bootlace 1y ago

gm uncle matt

i'm more of a ride or hide type, but, yeah, lfg!

stay humble, stack twice as many sats

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