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pailakapo
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Bitcoin for savings. Cashu for transactions. Freedom and privacy.

Merkle proofs and 2WP (Two-Way Peg) sidechains are concepts related to the Bitcoin blockchain and its scalability solutions. Let's break down each term:

Merkle Proofs:

A Merkle proof, also known as a Merkle witness or authentication path, is a cryptographic proof that a particular transaction is included in a block. It's based on the Merkle tree structure, which is a binary tree of cryptographic hashes.

In a Merkle tree, each leaf node represents a transaction, and each non-leaf node is the hash of its two child nodes. The top node of the tree is called the Merkle root, and it's included in the block header.

To prove that a specific transaction is part of a block, you only need to provide the path from that transaction's leaf node to the Merkle root. This path consists of the hashes of sibling nodes along the way.

Merkle proofs are efficient in terms of space and can be used to prove the inclusion of a transaction without providing the entire block.

2WP (Two-Way Peg) Sidechains:

Sidechains are separate blockchains that are interoperable with the main blockchain (in this case, the Bitcoin blockchain). They allow for the transfer of assets between the main chain and the sidechain, introducing new features and capabilities.

The "Two-Way Peg" refers to the mechanism by which assets can be moved back and forth between the main chain and the sidechain. It ensures that the total amount of assets on the sidechain is always backed by an equivalent amount on the main chain.

The idea is to "peg" the assets on the sidechain to the assets on the main chain, maintaining a fixed or dynamic exchange rate. This pegging is usually achieved through a set of rules and smart contracts that govern the movement of assets.

Two-Way Peg sidechains aim to provide additional functionalities and scalability without compromising the security and decentralization of the main blockchain.

These concepts are part of the broader landscape of blockchain scalability solutions and innovations aimed at addressing challenges such as transaction throughput, confirmation times, and overall network efficiency. Keep in mind that developments in the blockchain space are ongoing, and newer solutions may have emerged since my last training data in January 2022.

Damus needs a few selectable algorithms to filter/ present timeline ASAP.

There’s too much repetition and resetting of the timeline ATM.

So by that measure look which country gave more than any other? The US. Yet it’s still not enough.

You claim we reneged on the deal, but gave more than any other country.

When is enough enough? I know the answer, it will never be enough.

The addiction to US aid has no end. I realize it’s because the US set it up this way, but you can still realize the addiction and the desire of current people like myself to draw a line *somewhere*.

Realize also that I am one, very unpowerful citizen. So you’ll get your money, tanks, whatever you desire for the duration of this endless war, since the military industrial complex runs our government.

I’m expressing my desired outcome, were I king of the world.

I don’t think “as a percentage of GDP” is a good metric, because our GDP will never pay off our debt.

So we literally can’t afford to send money for your border *unless we print more money and dilute (tax the citizens twice) the currency even more.* <—— this is what I disagree with.

If WW3 comes to our doorstep, then I may change my mind, but I reject your premise that *this* Ukraine invasion is the beginning of Putin march to world domination.

How much of your GDP will you provide us if WW3 comes to our doorstep? Probably less than we’ve already given. It’s easy to tell the other guy to keep funding infinite dollars forever, but you wouldn't agree if the roles were reversed.

Re: “kind Canadians”

Don’t Canadian people benefit from our defense of Ukraine also? So are they “tired” of paying as well, or were they never responsible in the first place?

As a percentage of tax revenue, which country helped out Ukraine the most? How about the least?

What more could you possibly ask for? We have spent more on your country in real dollars than protecting our own southern border from an invasion.

Short answer: no.

Long answer: if funding a war (causing unintended consequences) fixes some previous mistake, then I’ll choose to *not* fix a previous mistake by creating new problems.

The US has made the world dependent on their military, probably on purpose. Which now puts them in a no win situation. Defend everyone, you get endless wars (current situation). Defend yourself, the world complains that the US isn’t defending them properly.

Totally self created problem, I agree. The best path forward in my opinion is not to defend everyone. It doesn’t seem like a peaceful path.

The nukes were given voluntarily to the US by Ukraine. They didn’t want the soviets nukes, they traded them for protection. This endless protection is the point of my post.

You make a lot of assumptions about me.

I’m confident that the government will not act in my best interests, whichever branch and whichever person is elected.

That doesn’t change my desired outcome, and doesn’t make me less patriotic (that was random, btw) or less realistic.

Liberal talking points need to be ignored. Run the country on the best interests of *this country* is my only point.

I disagree with all of this. I’m hopeful my representatives can sift thru all the political noise and actually stop funding endless wars and liberal pet projects.

Probably won’t happen, but I’m hopeful.

trying primal, atm. Was on iris until now. Damus is good on ios, not great.