Nostr Web Client

Replying to

Gildong.Hong

You missed the point, maybe intentionally.

Rijndael 2y ago

Say more. What point am i missing?

Rijndael 2y ago

Merry Christmas, ord disrespectoors! I have a gift just for you!

This will rid your node of inscriptions. You can run it, or not. It's your computer, you can run whatever software you want on it.

Relay filtering doesn't work. This has teeth.

https://github.com/rot13maxi/bitcoin-purifier

if you dont think inscriptions are valid tx, reject blocks that include them. If the economic majority of nodes does that, the miners will choose to build on a chain tip that doesnt have inscriptions, or they sell into a smaller market

this is what it all comes down to. this is the essence of bitcoin consensus.

Replying to

Leurico8

Considering most action in the space is sponsored by VCs they might want more control eventually. They won't get it in bitcoin. That's when a bitcoin VC fork could happen. At leas that is my understanding of his point. It agrees the market chose bitcoin for now. It doesn't mean that bitcoin as it is will work for selling jpegs for ever.

Rijndael 2y ago

There's more VC funding in Lightning than there is in Ordinals. Where is the moral panic about a lightning fork of bitcoin?

Replying to

jimmysong

Here's why there are deep incentives for a Bitcoin fork with the Ordinals people.

Ordinals/BRC-20/Inscriptions are now VC funded. And they're going to be pressured to keep growing, no matter what. Yet the hype around their stuff will inevitably fade. And whatever profits they had will dry up. So what will they do?

There are two paths. One is to increase revenue, the other is to reduce costs. The first will be very difficult to do without some new narrative. And they might try that, but it's going to be very difficult on Bitcoin... At least as it currently stands. They could move to another chain, but then, their whole reason for existence, being built on Bitcoin will be no more. Hence the incentive to create new narratives around their stuff and to add "features" to generate interest means some sort of fork.

The other path is to reduce costs. The most obvious cost is the fees being sent to miners. And to reduce that, you need to increase block size or make the blocks more frequent. Either way, this is incentivizing a fork.

The point is that once VC funding entered the picture, the path was set. There will be a conflict of visions and a "peaceful coexistence" was never going to be the outcome.

Rijndael 2y ago

The thing that youre missing is that the market likes inscriptions because theyre on Bitcoin. People can (and have) made inscriptions on other chains. Litecoun, dogecoin, eth, solana all have then now. The market isnt moving there. Being on bitcoin is a feature. Its not likely that community will fork off to a smaller chain.

Replying to

Carman

CTV 2x

Rijndael 2y ago

You have to push two template hashes

Replying to

Boss

is it possible to build ordinal on lightning? or sife chain like liquid?

Rijndael 2y ago

No

Replying to

RamenCoffee

was great. can't wait to get more frost news in half a decade

Rijndael 2y ago

sadlol

Replying to Change this if you want

Cheers 🍻

Rijndael 2y ago

Solid choice

Replying to

Public-Pool

More expensive than a Bitaxe 🤔 Did you play with yours yet?

Rijndael 2y ago

Are there places that sell BitAxe? I found the kicad files on gh but havent had the time to make a jlpcb order. Lol

Rijndael 2y ago

Congratulations to the Bitkey team for launching pre-orders! Huge milestone! Excited to see it help more people get their coins off exchanges.

Replying to

ODELL

WE WILL LAUNCH A NEW MINING POOL THAT DOES IT RIGHT.

Rijndael 2y ago

lets fucking go

Rijndael 2y ago

Having a local llm is so handy for quick recipe lookup. I dont want to have to scroll past 20 pages of exposition on someones blog to find the recipe for frangipane. Even if we never get agi, this is a win.

Rijndael 2y ago

Made a nice breakfast, had some coffee, now listening to Christmas music and cleaning up. Perfect speed for this morning

Replying to

ODELL

BREAKING: OPENSATS TO PROVIDE LONG-TERM SUPPORT FOR WILL CLARK. A CHAINCODE ALUMNUS AND BTRUST (FORMERLY QALA) MENTOR WHO HAS BEEN CONTRIBUTING TO BITCOIN CORE FOR SEVERAL YEARS. BRINGS TOTAL DEVELOPERS SUPPORTED BY OPENSATS LONG TERM SUPPORT PROGRAM TO EIGHT. 🫡

https://opensats.org/blog/will-clark-receives-lts-grant-for-bitcoin-core

Rijndael 2y ago

nostr:note1gqnc2rql07rvnvrqvqgns07wcufulsmu2783hv3s06hll3v9q8csgv60ce

Congrats!

Replying to

Laser

Dumped ocean.xyz after a day b/c:

👎 Not running #Bitcoin Core 🚨

👎 Electing self as gatekeeper (Knots censorship)

👎 Custodial payouts, like all other pools

👎 #Bitcoin address reuse hurts privacy

👎 No plans for freeing source

Will reevaluate in 2024. 🤷‍♂️

Rijndael 2y ago

I've been trying to find out what they're using for block building. do you know if they're using stock knots, or a proprietary set of patches?

Replying to

grubles

So ocean is filtering out inscriptions for us?

Rijndael 2y ago

Not yet

Rijndael 2y ago

nostr:note15ueaahw7rafs58yxupze7y5wcdc3wq8ll8vrcuwcy0t8ypjw3j3sh5uv7s

LETS FUCKING GO

Rijndael 2y ago

if you haven't seen https://www.herecomesbitcoin.org/ yet, you should! Great video from nostr:npub1spralxq6jlw5rdy0249vqr5sh43rfrlx2wzv3rhjjqedw559w9psrs8s72

Replying to

0xtr

F2Pool might be censoring OFAC sanctioned bitcoin addresses. Awesome writeup by 0xB10C

https://b10c.me/observations/08-missing-sanctioned-transactions/

Rijndael 2y ago

great write-up!

Replying to Do something G

Just to confirm.

These are pay full amount or can I pay for something and get change back to the Satscard?

Rijndael 2y ago

You could send the change to a new slot on the card. It has 10 slots

Replying to

ODELL

good morning nostr, a fresh dispatch just hit the feeds 🫡

----

Citadel Dispatch 114: Circular Economies with nostr:npub1h2qfjpnxau9k7ja9qkf50043xfpfy8j5v60xsqryef64y44puwnq28w8ch

BLOCK: 817211

PRICE: 2746 sats per dollar

TOPICS: merchant adoption, keeping it simple by reducing friction, custodial risk, liquid adoption

https://www.podpage.com/citadeldispatch/cd114-circular-economies-with-coinos/

Rijndael 2y ago

good morning odell. looking forward to it!

Replying to

calle

I've implemented a BitStream proof of concept by Robin Linus in Cashu for atomic swaps between files and Lightning payments.

Atomicity is achieved via a "Nutbond" Ecash contract which can be challenged if the downloaded file doesn't decrypt right.

An explainer and demo video is linked below.

How it works:

- Clients requests download

- Server sends encrypted file, Lightning invoice & Nutbond

- Client verifies bond and pays LN invoice

- Client decrypts file with LN preimage

- If decrypt fails, client challenges Nutbond & gets refund

Some notable differences to the original proposal:

- Nutbonds are issued for each user, not per file

- Bond doesn't burn but acts as a refund to user

- No Merkle trees yet. Next logical step. Vibes well with BitTorrent.

- Bond is Ecash. Payment is on LN, could also be Ecash.

This took me a few hours to implement showing how easy it is to experiment with new contracting primitives in Cashu.

Bitcoiners are coming up with beautiful solutions for practical problems. Special thanks to Robin for sharing his cool ideas with us. Love the energy!

🎥👇 Demo (10 min):

https://mega.nz/file/rVsF1RQS#Q1ycXiC3fcsRbIYUVBxMFDQZAqKbW5PHWZdhqkj0P8A

Original post: https://twitter.com/robin_linus/status/1723343871067804060

Rijndael 2y ago

Ser. Why isnt the demo served up via bitstream?

Rijndael 2y ago

gm nostr