Cashu is way simpler and more accessible due to python and single sig bitcoin wallet. It's designed to iterate quickly and build a lot of shit. Fedimint is multisig and rust. It's made to be a reliable, efficient, & secure implementation suitable for industrial deployments. Both implementations are still early, fedimint will take longer.
Maybe don't let Ocean mining gas light you into thinking they're "decentralizing mining" a day after they have some competition from another new pool that aims to make Bitcoin mining better than anything they're doing. Full node requirement to mine on a pool is an actual way to decentralize Bitcoin more with each miner actually having a say in template.
https://bitcoinmagazine.com/technical/braidpool-a-second-competitor-in-decentralizing-mining
Ocean fud aside, great point about full nodes.
Judge actions not words. Ocean is the most transparent and free (as in speech) mining pool.
Also this https://0xb10c.github.io/ocean-xyz-templates/
Ocean is now offering multiple block templates. You can use bitcoin core default but you pay a 2% fee.
Real time block template reward graph comparing bitcoin core block templates to nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze. Is that also ordisrespector? https://0xb10c.github.io/ocean-xyz-templates/
Shout to 0xB10C!
tfw your wednesday is a friday and you just finished your last meeting
Disappointed two years in a row. Well played, sir. rofl
my favorite part of reddit is getting downvoted for providing good advice to people who clearly need it
It is so much more difficult to simplify than to complexify. Find a job where this skill is appreciated.
bruh, you didn't even give today a chance
Huge suppprter of covenants. I generally support any well engineered covenant proposal. CTV is the best one in this regard. I will not support a uasf client it if it is rushed and seems likely to create a chain fork. I can't say if I will support this client without a detailed timeline. This is a decision every node runner will need to make. You can't make good decisions w/o good information.
UASF is a massive footgun. It can be used well in order to move majority opinion forward. It can also be used to create a contentious fork and cost all bitcoiners a great deal of time, money, and opportunity cost. Let's never do the latter.
Three counterpoints.
Liquid has one minute blocks, so it is, at minimum, a 10x scaling solution. In private industry we have a saying: build your solution to scale 10x, when you need to scale beyond this refactor it for another 10x. Scaling 100x before you need to is premature optimization and your efforts are better spent solving other problems.
But I think Liquid is far more than a 10x scaling solution because it has regular block times. Bitcoin relies on a random lottery to produce new blocks. This leads to frequent long stretches between blocks. When we have to wait 45m or an hour for the next block and fees are already high, they go absolutely bananas. Liquid sidesteps this whole problem by removing the time variance of block production. So Liquid is a categorical improvement in worst case fee spikes. This lowers fees overall and makes it a fantastic refuge from fee storms on the main chain.
Finally, Liquid is a terrible place to do inscriptions. Inscriboors are attracted to the absolute scarcity and permissionlessness of the bitcoin blockchain. Jpeg degens want their shitty pixelated frogs or whatever to live forever on the timechain. Liquid is a captured network that has no real guarantee of longevity. Once it has outlived it's usefulness Blockstream will shut it down. This makes it a bad place to write your jpegs. Token casino degens thrive on the permissionlessness. They know they are doing dumb shit with their money and they don't care. No one can stop them on bitcoin. Liquid, OTOH, is run by the multisig federation. If Liquid comes under BRC-20 spam attack they can and should simply censor these transactions. This makes it a bad place to mint your worthless pump and dump tokens. So all of that fee pressure is removed from Liquid.
In summary: Liquid is a fantastic scaling solution for economic bitcoin transactions. It is not a permanent solution, but in the long run we're all dead anyway.
🎉 HRF is excited to announce its Q4 round of Bitcoin Development Fund grants 🎁
💰 $500,000 to 18 projects across areas such as global education, Bitcoin Core, mining decentralization, and support for devs in Latin America, Africa, and the Middle East.
One grantee is Mostro, a peer-to-peer Bitcoin exchange created by Venezuelan developer Francisco Calderon. It is designed to facilitate censorship-resistant financial transactions under authoritarian regimes.
📚 MyFirstBitcoin, a non-profit in Central America, is another recipient. They offer an open-source Bitcoin education program. With HRF’s support, they’ll be able to increase their international expansion, bringing crucial knowledge to more closed societies.
Arabic Hodl is making Bitcoin education more accessible to the more than 400 million Arabic-speaking people worldwide. Hodl’s project includes creating how-to guides, privacy tutorials, educational podcasts, and foundational Bitcoin literature in Arabic.
🌐🔍 Netblocks receives support for their vital work in monitoring global internet restrictions. Continuous internet monitoring is crucial for activists and journalists to maintain their freedom of expression, access to information, and safety. Strong internet is also important for financial freedom.
HRF is funding developer Lorban for his work on StratumV2. Stratum V2 enables mining pool users to select transactions for proposed blocks, instead of relying on templates from pools, increasing Bitcoin’s censorship resistance. ⛏️
John Carlson's efforts to improve the Bitcoin Core App project is also receiving support. Through this work, he hopes to lower technical barriers and make Bitcoin transactions more accessible to a wider audience, starting with users on Android devices.
Area Bitcoin, founded by Carol Souza and Kaka Furlan, is expanding its Brazilian educational content across Latin America. The HRF funding will enable translations of their resources into Spanish and English. 📚🌎
🇳🇮In Nicaragua, Berta Valle is focusing on Bitcoin education for human rights defenders in Latin America. Her project will empower dissidents and civil society leaders with Bitcoin to help them become financially resilient against oppressive regimes.
Bitshala in India is creating a hub of Bitcoin knowledge and community. With HRF's support, they'll provide tutorials, technical training, and resources for budding Bitcoin developers in the country. 🇮🇳🌱💡
HRF is supporting hack.bs in Italy. With the grant, hack.bs is establishing a cypherpunk hackerspace that will bring together locals and global experts in the areas of financial freedom and the defense of privacy. 🇮🇹🛡️
Bitcoin Deepa is nurturing the Bitcoin community in Sri Lanka. HRF funding will enhance their educational efforts and promote Bitcoin adoption among local merchants. 🇱🇰💼
🌍Exonumia translates Bitcoin educational content into African languages like Shona, Malagasy, Amharic, Kiswahili, and Lingala. Funding will support their efforts to expand to more languages, raise awareness of Bitcoin, and grow financial-freedom oriented communities.
HRF is supporting L0la L33tz’s efforts to create a Bitcoin privacy guide for beginners, with a special focus on activists, dissidents, and NGOs in hostile environments. We look forward to publishing and sharing this document in 2024. 🌐🛡️
HRF is awarding a grant to Groundswell in the UK. Groundswell supports Bitcoin education for refugees and diaspora communities, particularly from the Middle East. The project will host workshops, practical training, and help refugees (plus their families) receive their first Bitcoin. 🇬🇧🌍
⛏️HRF is supporting Kulpreet Singh's work on Braidpool, a proposed peer-to-peer mining pool. By allowing miners to build their blocks and reducing pool operators’ grip on payouts, Braidpool is designed to enhance Bitcoin’s censorship resistance and decentralized nature.
HRF is proud to support SeedSigner developer Keith Mukai. Funds will facilitate MicroPython research and development to enable operations on affordable microcontrollers. This will eliminate Raspberry Pi dependencies, making SeedSigner more robust and accessible. 🔐
Bitcoin++, a developer-focused conference series around the world. Funding will cover educational efforts, general conference expenses, as well as travel expenses for developers from authoritarian countries.
Bitcoin Atlantis, a conference in Madeira. HRF funding will help human rights defenders, civil society leaders, and educators working in dictatorships to attend the event to share their experiences with thousands of Bitcoin builders, creators, and educators. 🇵🇹🌊
With these grants, HRF continues to push the boundaries of financial freedom, privacy, and human rights through Bitcoin. Stay tuned for more updates on these exciting initiatives. We’re looking forward to greater innovation in 2024! 🚀🔐
🌐
Hopeful applicants can find the BDF application here: https://hrf.org/devfund
I get so fucking bullshit reading through all these grants. HRF is funding the future that our kids deserve.
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It's a bleak picture. I can't wait to see my property taxes this year.
They are targeting stablecoins, a different beast than pump and dump shitcoins, IMO. I think they may find success if they cultivate the right relationships.
Also, it's kind of disingenuous to ignore all the work they put into taproot lightning. All lightning users will reap the privacy and efficiency benefits of this technology once it matures further.
tfw your kid uses the potty and you are astounded that such a small person can produce such a large turd
satogram spam is back! \o/