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renatoenfisema
e87c295ede33c2274e419dd63e9c117804c0dacaabcc8ed59c646cf058da788a
Bitcoin apprentice 🇨🇺
Replying to Avatar SteadyTech

February was a big month, which means...

I'm looking for the best memes of nostr 🧐

⚡️ 2000 zaparoos for the best one⚡️

Boost this post, and post your funniest meme below 👇 to enter.

Conditions:

- Anything funny

- Pics or short videos (<30sec)

- Doesn't have to be your meme

- Bonus points if it's from February

- You need ⚡️ set up on nostr

- Boosting your entry is allowed

- Asking frens for votes is allowed

Entries close tomorrow, Friday 28th February, 7:30pm CST

Winner zapped and announced shortly after

The winner will be judged by amount of zaps so remember to ask your frens for votes!

My favourite will also get 500 zaps

Regular frens welcome back!

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#bestmemesofnostr #BMON #zaparoos #nostrmemes #memes #memestr #nostr #bitcoin #plebchain #plebs #coffeechain #catstr #zap #zaps

I am the best meme

y UTILIDAD como medio de pago? 🤔

Un nodo es una copia de la cadena y cada 10 minutos se actualiza a la vez que audita cada bloque asegurándose de que cumple las reglas del protocolo.

Copia esta nota y pégala en ena nueva seguido de . #INTRODUCTIONS

eso para unos zaps de bienvenida 🤝

A matter of time before the world realizes that

This looks like a scam, what do you think 🤔 #AskNostr

Las personas son amables con los discapacitados, a lo mejor no deberían 🤷 GM #Nostr

Replying to Avatar Blockstream

The Bybit hack has revived long-standing debates about the security trade-offs built into the Ethereum protocol. We cover its reliance on complex, stateful smart contracts, the systemic challenges in its design—and how Bitcoin avoids these pitfalls. 🧵

https://blog.blockstream.com/the-risks-of-expressive-smart-contracts-lessons-from-the-latest-ethereum-hack/

Multisig serves as a fundamental security layer by requiring more than one signer to move funds. On Bitcoin and the nostr:nprofile1qqsfjzteswm5cuyqpvvz40r0vszx4dcyql5u40xkeats5w9d48hht4guz0cnd , implementing this is simple thanks to native opcodes (e.g., OP_CHECKMULTISIG) or Schnorr-based interactivity, keeping the code surface small and secure.

On Ethereum, however, developers must create custom code to emulate multisig—leading to complexity, increased computational demands, and potentially flawed interfaces.

Ethereum contracts must manage on-chain state, handle reentrancy (where an attacker calls a contract in the middle of its own execution), and ensure that the logic for multiple signers is correctly enforced.

Ethereum also uses an account-based model with a universal state tree, meaning each contract update can influence or interact with data used by other contracts.

Mistakes in these areas can introduce critical vulnerabilities, as we have seen with high-profile incidents like the Ethereum Parity wallet hack in 2017 and now with Bybit.

https://cointelegraph.com/news/parity-multisig-wallet-hacked-or-how-come

In contrast, Bitcoin's UTXO model localizes state changes to individual transactions, reducing the risk that one contract's flaw will leak into another's operation.

While Ethereum contends with repeated contract exploits, Bitcoin and its sidechains are evolving toward more robust multisig approaches. For example, cryptographic schemes like MuSig aggregate multiple signatures into one, making multisig transactions look like standard singlesig. This benefits both privacy and efficiency.

https://m.primal.net/PLMR.mp4

Looking further ahead, the proposed Simplicity language on the nostr:nprofile1qqsfjzteswm5cuyqpvvz40r0vszx4dcyql5u40xkeats5w9d48hht4guz0cnd aims to provide the flexibility of a higher-level scripting language while retaining Bitcoin's careful approach to security.

https://blog.blockstream.com/simplicity-arrives-on-liquid-testnet/

Rather than offering Turing-complete smart contracts, Simplicity focuses on formally verifiable scripts (easier to audit and prove correct) and advanced features like covenants and custom sighash types, all designed to avoid the pitfalls seen with the EVM's unbounded computations.

As the blockchain industry matures, it's increasingly evident that security must be a top-level design choice—not a feature layered on after the fact. This is why we firmly believe that Bitcoin offers the best foundation for capital markets and finance.

https://blog.blockstream.com/why-bitcoins-utxo-model-is-best-for-blockchain-based-finance/

For a more comprehensive analysis of the Bybit hack and the underlying flaws in Ethereum's design, read our full report:

https://blog.blockstream.com/the-risks-of-expressive-smart-contracts-lessons-from-the-latest-ethereum-hack/

nice