Chris Monetary Maximalist Eleutheropraxeology's avatar
Chris Monetary Maximalist Eleutheropraxeology
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Sapere Aude! Educate yourself, do not trust, verify and act accordingly. Most importantly understand the individual uneasiness. Question everything! Study Eleutherology, Praxeology and BitCoin Advanced Bitcoin Mantras (from Bitcoiners for Bitcoiners): Study BitCoin Not your seed, not your UXTOs Not your regular node, not your rules Not your miner, not your network Not your selected pool, not your defense
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ChrisMartl 1 year ago
#Bitcoin The block size wasn’t increased. In reality it wasn’t increased; it was installed a parallel structure via witness field whose merkle root (witness commit) is arbitrarily inserted via OP_Return into the coinbase transaction. And the nodes are verifying adapted rules for this new condition. #Study BitCoin #Study Austrian Economics
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ChrisMartl 1 year ago
#Bitcoin Remember: Archival Nodes are just as important as Mining-Nodes. Archival-Nodes provide processed transactions packets from the past. Mining-Nodes provide processed transactions packet from the just immediate past.
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ChrisMartl 1 year ago
Through a parallel structure called the Witness field. And the protection of it via witness commit through OP_Return in the Coinbase transaction. And non-mining nodes verifying that new condition. In simple words, SegWit is a manifestation of arbitrary data insertion. Remember in Bitcoin everything is valid until invalidated explicitly.
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ChrisMartl 1 year ago
#Bitcoin  There is not such “full node”; not even node software Bitcoin-Core client 27.1. Think & test by yourself the behavior of this software regarding, for example: • SegWit V2, V3, V4, … V15 • Taproot’s Annex • Tapscript’s OP_SUCCESS opcodes & the resulting UTXO. #Study! Furthermore, when a so called “full node” software ever appears, released, deployed and adopted, then at that point Bitcoin have Ossified!
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ChrisMartl 2 years ago
I think, everyone operating a proper regular Bitcoin node could simulate already a degree of #Ordislow with following bitcoin.conf configuration: datacarrier=0 permitbaremultisig=0 dustrelayfee=0.00003001 mempoolexpiry=24 maxuploadtarget=288