Interesting table with respect to lightning adoption and Visa/Mastercard. It keeps getting easier to live off of bitcoin via lightning if you're okay with using one or more of these companies as a middleman.

Usually, Japan's government steps in about now to lower this number, mainly by selling US treasuries. But I think their "outflow" of US treasuries has exceeded their "income" of the same for a while now. I wonder if they can keep it up, or if they have to let inflation run hotter

My latest essay analyzes a surprising thesis: hashrate markets are theoretically more efficient than pools

Gist

Hashrate markets are theoretically more efficient than pools

Hashrate markets are theoretically more efficient than pools - hashrate_market_efficiency.md

Interesting news from the mining world: https://stacker.news/items/1474239

How it started: "Lol only 0.2% of hashrate is available for rent, the bip110 people can't possibly rent enough to punch this through" How it's going: Due to unprecedented demand, hashrate markets are expanding the amount of hashrate available for rent

3 mining pools are signaling for BIP110 now: - 234 Alberta |199 petahash |

OCEAN - Statistics - bc1qjena63hace2unvhsj6g599w6eh0ns2anl760ef

- Barefoot Mining | 108 petahash |

OCEAN - Statistics - bc1q3fkds9hfv6dufv9l8grkyg3ah77q3fjtpqywqg

- Pyblock | 3 petahash |

OCEAN - Statistics - bc1qg8dfmfr9e0mg083ds9mj0396fxfgmjcdz3llyr

Total: 310 petahash | .0304% of network hashrate

LND's master version merged a new privacy feature a few hours ago: DeleteForwardingHistory

GitHub

multi: add DeleteForwardingHistory to selectively purge old forwarding history by ziggie1984 · Pull Request #10666 · lightningnetwork/lnd

This PR supersedes #10319. Overview Routing nodes and LSPs accumulate forwarding history over time which, if compromised or subpoenaed, could revea...

I posted about the feature in January. Now it's in the codebase and is expected in v0.21 of LND, which is now scheduled for May, not April View quoted note →

And then there were three

Red Blocks

Things are heating up. Blocks 1038 and 1250 in this epoch both signal for BIP110

Red Blocks

If you're into macrofinance, this is interesting: $1 of USD has been worth over 160 JPY for over 24 hours. Usually, the Japanese government treats the 160 mark as a "red line," and within a few hours, they intervene by selling loads of USD. This time maybe they aren't doing that?

A bip110 block was mined yesterday and few seemed to notice