Camel meatballs.

#foodstr

Y’all don’t deserve a bull market

Lately all I’ve been day dreaming about is the game theory of how futures products settled in an infinite currency to price the most finite commodity to ever be priced will play out.

Me thinks market participants aren’t ready for that paradigm shift. #Bitcoin

Right, this isn’t buy-and-withdraw, this is operating a server that enables people to exchange funds while remaining wholly custodial…. Let’s not get excited, this cannot scale without jail :(

That's the whole point, though? You said "use lightning" and I said "we needed a protocol change to do that".

To get here, we needed changes. To get to our full potential we need to continue. Obviously it depends on the specifics of the proposal, but I would urge you to keep an open mind.

I’m not technical at all but my perspective is that if almost nobody can hold their own UTXOs then I don’t see how it’s much better than gold. It’s still digital and divisible but if you can’t really own it then aren’t you back to banks storing gold for you? We’re probably all in a position where that won’t apply to us but it’s supposed to fix the money for everybody.

I believe Fedi is currently the only closed source app indexed in zap.store , and this was by mistake. Their source repository only has a README file.

We will eventually support proprietary software but need to work on the appropriate warnings.

What should we do now? Leave the misleading repository or delist the app? Both options sound bad.

Whoa, backticks work on kind 1s in coracle? I thought any kind of rich text in kind 1 was heavily discouraged, or has everyone just decided to do it anyway?

5 reasons miners benefit from Stratum v2:

1. Authentication and encryption. Don't let your hash rate be stolen. Even if you aren't concerned about this, your auditors and investors likely will be.

2. Less bandwidth-intensive protocol (binary vs. JSON); reduce stale shares and works better in poor internet situations

3. Ensure your pool isn't inserting transactions and not sharing out-of-band fee payments. It is becoming more topical with the increase in usage of transaction accelerators and non-standard transaction inclusion. Eliminate the requirement to have to monitor your pool.

4. Ensure you're selecting the transactions that provide the maximum fees. Don't leave it to others who may censor certain high fee transactions. Eliminate the requirement to have to monitor your pool.

5. Take charge of the bitcoin software you run and consensus rules. Don't leave it to others to determine whether or not to signal for support of a particular change or to take the risk of falling out of consensus. Eliminate the requirement to have to monitor your pool.

The way these families behave (like activists) is enough to make you think that maybe Alex Jones was right along.

BIP 353

It isn't planned currently as a technical threat would be able to figure that out, or would be able to tell if it is a decoy through other means. It's a big reason we don't have a hidden profile feature at all (e.g. FFS would leave signs). The feature would only work best against someone with no knowledge on what GrapheneOS is. Cellebrite and XRY and other industry actors mentioning us in their internal documents or product material would suggest they study our work and read our posts.

Another example is Owner is still required to be authenticated first and there's tons of ways to see if an authenticated profile os the Owner or not.

We believe features involved in tricking someone could lead to someone trusting that feature and underestimating how skilled the person they're trying to trick, which could endanger them or bring even more trouble. While you could also trick someone with our Duress PIN that's not the objective, the device owner should trigger it when the time is right.

Fedimint is the only federated custody project I've ever come across in this space that has moral integrity.

No shitcoining, no pretend L2 bullshit, no "two way peg your Bitcoin" bullshit, and the only free and open one I know that you can actually run yourself instead of trusting THE one and only federation.

Fucking awesome to have them.

nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg with a fedimint may be the answer I have been looking for. I have been trying to find an efficient/easy way to give kids allowance in sats without panicking about high fee environments or channel management.

I had them do nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 tutorial this morning for a bonus 10000 sats. I think if you incorporate Fedimints, there is a balance between trust, easy usability,and fee efficiency. Will try it for 2 months (short term spending and short term savings) and see how it goes.

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If we want ecash to have any hope of working out, we need anonymous mints, but anonymous mints are likely to get stolen. Instead, we need anonymous mints that are operated by one of N well-known and trusted parties. Mint operator(s) should take N public keys known to be from N well-known and trusted persons in the bitcoin space, then create ring sig(s) across those N to reveal that they are one of those N parties, but not which one.

Given many long-timers at one point or another had public donation addresses or some other key that is known to be theirs, this should actually be relatively doable, just don’t put too much money in the mint :)

I think for chain swaps on utxo level, yes. Boltz does have the utxo links across btc/lbtc. Tor is not really relevant here, that just obscures your ip network connection. If the original utxo has some kyc linked to it, boltz (not the public) can link this to your final swapped btc utxo.

However an LN->LBTC->BTC swap does hide the input utxo… even for Boltz