and yet the Bama and Auburn spring game scrimmages probably get 5 - 10x attendance haha

“The incentive may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU proof-of-worker than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments, or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth.”

- Satoshi Nakamoto

At what point are you not actually working on lots of “little side projects” but, rather, serving us all a 21 course meal?

Welcome (and great job on setting up Zaps)! We look forward to engaging, discussing and learning from you on an open platform with no CEO or king.

Open dialogue is our only way forward 📈

Such an amazing leap forward!

“The new update allows miners to select transactions via a new sub-protocol and their node. This is a major milestone in democratizing transaction selections in pooled mining and decentralizing bitcoin!”

https://stratumprotocol.org/blog/stratumv2-jn-announcement/

Exciting, Splice had to go the subscriptions + credits route ‘cause low cost micropayments *were* not a thing

“I think therefore I am.”

“Bitcoin runs therefore it is.”

You’d actually have to go to LA. You might want to book a flight a day early as it seems it could take a whole day just to find which room in the house he is in

https://www.dirt.com/gallery/moguls/finance/brian-armstrong-house-bel-air-los-angeles-1203445464/

green suit man = a naked turtle?

PBS quitting Twitter is interesting. I know there is public funding and messy governance, but they actually have some great, nuanced, critical documentaries on the Fed, war policies, political incentives, fiat banking, current payment rails, etc.

Their past intent of going deep into difficult and rarely questioned aspects of society would find freedom to continue doing so on #nostr.

Anyone have contacts?

Is this why I always have to stack more sats after listening to #[1]​ each time?

Yea, he didn’t forecast the coming social consensus of “1 btc = 1 btc” and that any fraction would need a new denomination: potentially bits, sats, millisats, etc.

… or maybe he did but knew that would have been too unbelievable for others to grasp at the time?

Is Stemstr going to be anything like Splice? That product would be soooooo much more effective with global micropayments.

He seemed to claim that if bitcoin was globally adopted he wanted a smoother unit bias transition for people escaping fiat denominations although he admitted he didn’t know how bad fiat inflation could get before/as bitcoin scaled:

“My choice for the number of coins and distribution schedule was an educated guess. It was a difficult choice, because once the network is going it’s locked in and we’re stuck with it. I wanted to pick something that would make prices similar to existing currencies, but without knowing the future, that’s very hard. I ended up picking something in the middle. If Bitcoin remains a small niche, it’ll be worth less per unit than existing currencies. If you imagine it being used for some fraction of world commerce, then there’s only going to be 21 million coins for the whole world, so it would be worth much more per unit. Values are 64-bit integers with 8 decimal places, so 1 coin is represented internally as 100000000. There’s plenty of granularity if typical prices become small. For example, if 0.001 is worth 1 Euro, then it might be easier to change where the decimal point is displayed, so if you had 1 Bitcoin it’s now displayed as 1000, and 0.001 is displayed as 1.”

your love for waffle pics knows no bounds

A cool thing about working at Cash App is that you also get to learn from Square, Tidal, Spiral, TBD, etc. teammates as well.

The company itself is very decentralized so there’s so much to learn from each other. You can see why we are such fans of open protocols ‘cause we know we’d only learn/improve more by engaging with as many peers as possible!

:: death certificate unverified ::

Yea, #[2]​, I’d say this is important to immersing yourself into the Nostr user experience

On chain vs. lightning and btc vs. sats need their own design spaces/decisions