Vortex | CTV | LNHANCE's avatar
Vortex | CTV | LNHANCE
vortex@theonevortex.com
npub1q5un...6dh3
Former host of The Bitcoin News Show. Creator of https://bitcoindev.org. Bitcoin Is. And that is enough.
Vortex | CTV | LNHANCE's avatar
theonevortex 2 years ago
What can you build with CTV? -Non-Interactive Channels / Cold Channels -Payment Trees -Payment Pools -Vaults / Time Delay Valuts All of these features help to scale bitcoin in multiple ways.
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theonevortex 2 years ago
Vortex | CTV | LNHANCE's avatar
theonevortex 2 years ago
Great conversation on Covenant use cases with Steven Roose on Stephan Livera's podcast. However I really don't think we need TXHASH as it would bring further delays to getting Covenants into bitcoin. CTV + InternalKey + CSFS is ready right now in the LNHANCE pull requests available on core, bitcoin-inquisition and mutintynet. IMO TXHASH has only served to complicate and delay the covenants conversation.
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theonevortex 2 years ago
Congrats to all the plebs that got into bitcoin before Wall Street and are still holding.
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theonevortex 2 years ago
I remember a time when we welcomed attacks on bitcoin.
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theonevortex 2 years ago
It's becoming clear that the vast majority against activating CTV are non-developers. Take that for what you will.
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theonevortex 2 years ago
Work continues on bitcoindev.org Moved a few links from the Funding section to a new Training Program section under Education. Added new links: bitcoinertest.com sovereignengineering.io bipbounty.org github.com/smartvaults/smartvaults github.com/getAlby/bitcoin-connect github.com/scaling-lightning/scaling-lightning
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theonevortex 2 years ago
Vortex | CTV | LNHANCE's avatar
theonevortex 2 years ago
One day space in a bitcoin block will be one of the most precious commodities on earth. As such costs will have to dramatically increase from the present to be included in one of these blocks. This tell us 2 things. 1. We need to continuously increase the tx density per block. 2. Inscriptions will die down significantly in the coming years as fees increase.
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theonevortex 2 years ago
Stop worrying about short term fee pressure and start worrying about long term centralization pressure.
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theonevortex 2 years ago
The world decided it wants small blocks on bitcoin and that's fine. It just means we have to continuously increase transaction density per block. CTV is the next step in that never ending effort.