Take Two
@ThyLobster I am confused as well. hence the thought. I will take another crack at this.
Assuming we plebs can afford more "storage" and "processing speed" in the not too distant future, then maybe we can increase block sizes and stay "sufficiently" decentralized. Mining equipment is "keeping pace" with technological innovation and making ASICs more efficient as time goes on. More hashes per unit energy spent, that is,
But node runners are subject to limitations (i.e., basic home computing capability) when it comes to block sizes and network speed. That is the feature, the killer app, the secret sauce to Bitcoin's success. I know not to mess with that.
I wasn't there for the Block Size wars (I joined team BTC in 2019) but my question is: could we also take advantage of technological advancements, like the miners, when it comes to block size or network cadence? I assume these fall in the umbrella of node runners, not miners.
I just have to ask the question because I foresee this being an issue as more and more people want ownership on the base chain, not just layer 2 solutions. That IS self custody.
Ultimately, it is about learning why Bitcoin is architected the way it is. The delicate balance keeping Bitcoin alive :)
Finally, I will say this in my defense. I am a card-carrying Ossification-ist. I probably would have voted against taproot and segwit. Still, it is good to discuss these issues to better understand Bitcoin. It is not religion. It is understanding. That's all. View quoted note →
Bitcoinium
Bitcoinium@nostrplebs.com
npub1f7mp...ank9
Go Bitcoin or go home
Good evening Plebs.
Brace yourself. Ready? Are you sitting down comfortablely? Great. Here goes.
I hate to say this but the thought crossed my mind and now I have to give it air.
We all know Moore's law, right? Basically, computing processors get more powerful and cheaper at a breakneck rate, in layman's terms.
Soooo...if the main worry for the Bitcoin network is decentralization which is plebs having the monetary means to run a node, doesn't that mean we CAN at some point increase limitations of the Bitcoin consensus protocol and still be ok? What level of affordability worldwide are we solving for?
I realize people in the G7 countries can "afford" to run nodes much easier than say in emerging markets.
Don't shoot. It's just a thought. I am ready to be schooled ;)
#Bitcoin #asknostr #plebchain #nostr
Remember people. Always pay it forward. Amen.
View quoted note →
ORANGE ALERT: Ask Nostr
I think I need to change my Apple products, iPhone, macbook and perhaps my cellular provider (T mobile).
What would you recommend as a security, privacy maxi?
#nostr #asknostr #plebchain #privacystr #securitystr
Nostr fixes this #nostr View quoted note →
A Personal Ad
Do you ever get lonely? Do you feel like no one understands your Bitcoin ways? Are you a pariah in your family, community? Yes?
Well, fret no more, friend. We are the flock to your sheep. Join us live daily @bitcoinjourney to discuss all things Bitcoin and life eternal. We also have a group chat going on Signal. Just reach out to our fearless leader @Jor to partake. See you there!
#introductions #nostr #plebchain #Bitcoin
On Rant #It'sOn
Lately I have been seeing a few references to Black Swans. It is irking me. Why? Well, because Black Swan are by definition unforeseen events. As Rumsfeld famously alliterated his known knowns, and known unknowns, Black Swan are the unknown unknowns. Put another way, they are acts of Gods. Can't be conceived of ahead of time. So, if you are describing a doomsday scenario, then it is a known unknown. Not a Black Swan.
Clear as mud, right?
#asknostr #Bitcoin #Remsfeldstr
Daily live show on zap.stream with @bitcoinjourney View quoted note →
Can't wait. Loved "A Bitcoiner's Guide to NPC Management". I read it in one sitting, surprisingly!
#nostr #Bitcoin #plebchain #Guidestr View quoted note →
Bitcoiners, not only do we have to worry about stacking with saylor and institutions buying corn, we now have to worry about getting futures contracts to transact on the base chain in the future on top of "stay humble and stack sats". What a rabbit hole Bitcoin is turning out to be @ODELL @Marty Bent
#nostr #plebchain #asknostr 

On Energy
Hello NOSTR. This is a must watch.
Enjoy.
Juice the Series
Home - Juice the Series
From Texas to Tokyo, this five-part docuseries shows how politicians and corporate avarice weakened our most critical network — and why we need f...