Oh no, the illogical "throwing out the baby with the bathwater" argumentation is still spooking around out there: We cannot prevent all spam therefore we just give up completely ;-) #BIP110

It seems that by gaslighting the audience throughout the year and ignoring important issues in the bitcoin space, the #sinfluencer managed to stagnate the participation rate at conferences; they lost touch with the base. The signal is lost. To reverse trend, tabula rasa may be necessary, requiring the organizer to get rid of all unmasked shitcoiners; they are no longer tenable.

Run a node and make it a listening one (e.g., over Tor) if you want your voice to be heard, because if your node is not reachable, it cannot be counted reliably. #BIP110

Do people pushing hard for digitalization not have parents and grandparents who will be overwhelmed and get lost in this process? You will get older as well and be less able in forty years to relearn things all the time. So, rethink your behavior and lower your time preference.

An attack in the digital realm often involves the exploitation of several vulnerabilities across different areas, combined simultaneously. Bitcoin's vulnerabilities are economically ignorant developers, centralized mining, and honeypots of large, centrally held holdings. To reduce attack vectors, patches should be applied regularly and as soon as possible—for instance #BIP110. Further increasing the node count and expanding self-custody among holders are essential.

Renting hash rate is a possible implementation of the concept that hodlers are taking responsibility for safekeeping of their stack by paying a "fee". And I suppose that this fee is lower than any deposit fee at a bank or the storage fee including insurance in a gold vault, where those fees may eventually eat up the principal over time as they are a small percentage of the value. View quoted note →

Is #BIP110 rushed? If you're still complaining rather than taking action, then yes—it will appear rushed. But in that case, you can only blame yourself, as it's been out there for a while now.

Linus Torvalds once said: "Talk is cheap. Show me the code." So, where is the code #ProductionReady? Cloning a repo is not a difficult task, but it is the first one and a visible one. The conclusion may be drawn that all of it is just obstruction if that does not happen soon. Especially if they criticize #BIP110 but do not deliver their promised alternative.

Any bitcoin developer who actively enables spam by removing filters, or passively prevents the fixing of the bugs currently misused for spam, is essentially reversing the work of all predecessors who improved the protocol by making transactions more efficient. That is rather destructive behavior. #BIP110

There is a difference between your local home network and the internet out there. Treating them both the same is just annoying security theater and counterproductive. For instance, HTTP connections and self-signed certificates should be treated less restrictive in an internal network. #LibreWolf #Firefox

I guess, in case of a chain split, the new ticker for the spam chain will be BTS and I could not care less if S stands for spam or shit ;-) #BIP110

How strongly will the different factions defend their positions in the showdown of #BIP110? The spammers have high time preference and will probably move somewhere else. The miners have high capex, and if they are public companies, they have fiduciary duties; therefore, they will probably minimize risk and forgo the 1% spam fee revenue. Sinfluencer will continue to confuse some bitcoiners with censorship talk, quantum FUD, attack theories, etc., but those bitcoiners will feel betrayed when they realize that all these talks and theories do not serve them in the end. The protestants (core v29-) did not move much during the last year, and #ProductionReady did not yet deliver anything. However, some maxis of the BIP110 camp may fight hard, a.k.a. "dying on that hill." So, what is the probable outcome?

Only the president can stage a real war to distract from dirty pictures in "the files". The #sinfluencers have to try it with quantum FUD again to distract from their pictures on the chain. Do not fall for it. #BIP110

Nolens volens, accepting #BIP110 seems the rational thing to do for miners. The outcome to avert is a phase of temporary, chaotic, and unstable chain splits (price volatility, chain wipeout risk, etc.). The alliance between the progressives (Core v30+) and protestants (Core v29–) does not serve the latter, as they reject spam and shitcoinery as well. Therefore, an alliance with Knots and the BIP110 moratorium serves them better, and that ultimately forms the majority.

To say that fighting spam with #BIP110 threatens the credibility of the bitcoin economic system, while turning a blind eye to the storage of dirty pictures on-chain, is ludicrous. #Sinfluencers claiming this cognitive dissonance deserve an unfollow. Starve them with a decreasing follower count and reach.

That one has to sacrifice the moneyness of money for the sake of its survival sounds stupid, but that is exactly what this talk about the "long-term security budget" is. No, we do not need the fees from spam transactions for bitcoin to survive; otherwise, it would have already failed. #BIP110 View quoted note →

If #BIP110 fails, we drift into a lane leading to an unrunnable chain filled with garbage. This then leads to the KYC chain because it can only be run by a third party, and you may only use it when authorized by the gatekeepers. And with that, the bitcoin idea has died.

Ossification of the bitcoin protocol as any other protocol lies in the nature of a protocol as it gets embedded in more and more systems. Further development of the ecosystem will take place on layers above the base protocol. Therefore, being against #BIP110 because it may hinder further development is nonsensical.

To say that you are just doing your job is the most agentless fiat behavior there can be. Reading up on all the information recently revealed about some core devs, I really get the impression that some people just did "a job" and were not even particularly interested in what it was. That does not sound like a novel movement that will change the world anymore. :-( #BIP110

With #ProductionReady in place, it will potentially be more difficult for the progressive people in core to softly force people to upgrade to the newest versions of their software as older versions of bitcoin core software are no longer patched. As a result, you will probably have three major players in the market, with progressives in the minority, and ossification will accelerate further. #BIP110