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preston
preston@primal.net
npub1s5yq...6q7z
Bitcoin & Books. GP at Ego Death Capital @PrestonPysh on Twitter.
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preston 2 years ago
Drivechains Alright people, we are playing a game of chess here. The one thing, the absolute one thing, we can't do is give up the king. To give up the king, in my humble opinion, is to mess up the base layer. This mistake would disrupt the delicate incentive structure that ensures sound money. That sound money pegs the extremely fragile credit markets and out-of-control G7 policymakers that are creating clown world with their CB fiat policies. We don’t need the sound, pegged, money to move fast, we don’t need the money to do smart swoopty things, we just need it to be pegged, immutable, and digitally sailable to actually stop the madness of clown world. By introducing a whole lot of technical complexity to the base layer and potentially screwing with the incentives all so we can connect to a bunch of centralized shitcoin projects is like playing offense with the king when you’re down 7 pieces and the other player still has their entire back row at their disposal. A. Why the rush!? B. Why not just go use Monero if you need that level of anominity in your transactions. Why do you have to have it in a wrapper via drivechains? C. Why risk the king without deep understanding and testing of the technical risk and potential change to incentives? The beauty of Bitcoin is you can build it and softfork it, and we’ll let the community vote with their nodes. BUT, I for one, have no use for drivechains (that doesn’t mean everyone is like me). And as a result, I will not be updating my node and running any attempted “secret” softfork updates by the miners.
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preston 2 years ago
This might not look like much today, but there is something really big here. Watch this video on a Nostr-Bitcoin vending machine that completes serial task. Nostr is really emerging as a uncensorable coordination layer for Bitcoin’s energy exchange. @PABLOF7z
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preston 2 years ago
View quoted note → This might not look like much today, but there is something really big here. Watch this video on a Nostr-Bitcoin vending machine that completes serial task.
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preston 2 years ago
Whomp whomp…. LK99 Not a superconductor… image
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preston 2 years ago
There's a lot of conversation taking place around this LK99 room-temperature ambient-pressure superconductor. This would have MASSIVE engineering implication if true. I have no clue what's real at this point. Thanks to @GregZaj (My most trusted and astute technology advisor) for sharing this post from Andrew Cote on Twitter. Here's what he said about it: "Simulations published 1 hour ago on arxiv support LK-99 as the holy grail of modern material science and applied physics. (https://arxiv.org/abs/2307.16892) Here's the plain-english explanation: - The simulations modeled what the original Korean authors proposed was happening to their material - where copper atoms were percolating into a crystal structure and replacing lead atoms, causing the crystal to strain slightly and contract by 0.5%. This unique structure was proposed to allow this amazing property. - @sineatrix from Lawrence Berkeley National Lab simulated this using heavy-duty compute power from the Department of Energy, and looked to see what would happen to the 'electronic structure' of this material, meaning, what are the available conduction pathways in the material. - It turns out that there are conduction pathways for electrons that are in just the right conditions and places that would enable them to 'superconduct'. More specifically, they were close to the 'Fermi Surface' which is like the sea-level of electrical energy, as in '0 ft above sea-level.' It's believed currently that the more conduction pathways close to the Fermi surface, the higher the temperature you can superconduct at (An analogy might be how its easier for planes to fly close to the surface of the ocean due to the 'ground effect' that gives them more lift.) This plot in particular shows the 'bands', or electron pathways, crossing above and below the Fermi surface. - Lastly, these interesting conduction pathways only form when the copper atom percolates into the less likely location in the crystal lattice, or the 'higher energy' binding site. This means the material would be difficult to synthesize since only a small fraction of crystal gets its copper in just the right location. If it wasn't clear why this is a big deal, if successful LK-99 would be a watershed moment for humanity easily on-par with invention of the transistor, here's why: For a catch-up on the original Korean paper: " As an additional note (This is Preston again), I got a really interesting message from fellow Bitcoiner, Phil Champagne, about something seemingly unrelated to this LK99 stuff, but oddly relevant. It's a white paper that suggests gravity is actually formed from a dipole by the elliptic form atoms take. This could potentially explain why gravity is a fraction of the electric force since it would be derived from it. Here's a link to the paper: https://vixra.org/pdf/1608.0426v6.pdf and here's a link to a youtube video talking about the paper: If you have questions about this paper, you could ask Phil (https://twitter.com/egg_descrambler) about it, here seems really well versed on the subject. BUT, if you want a REALLY "interesting" response definitely go to my trusted technical advisor, Greg Zaj. image
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preston 2 years ago
Really excited to drop this discussion with @Alexander Leishman Alex is an incredibly smart developer and founder that understands Bitcoin lightning better than most. In our discussion we talk about AI and the scaling capacity of the lightning network to meet potential demands. Watch: Listen: https://link.chtbl.com/BTC141 Transcript:
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preston 2 years ago
Alright I need a little tech assistance with my Umbrel Node. So my original node was terrible because I only had 4GB of RAM. So I built a new raspberry pi with 8GB of RAM, got everything updated. Loaded the keys from the old node. Took the back-up file of all the channels from the original node and loaded it into the new node, but it's still showing 0 sats for the lighting wallet on the new hardware (but the bitcoin wallet is showing the correct balance). Any tips?
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preston 2 years ago
I really enjoyed this conversation with Carri Cee! She asked a lot of great questions I’ve never covered before in an interview.
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preston 2 years ago
Happy Monday Nostriches #memes #nostr
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preston 2 years ago
View quoted note → This is the recurring theme of people who are anti-bitcoin. They don’t even understand the gigantic problem it actually solves. And if you can’t even define the problem, how in the hell will you ever understand, let alone appreciate, the brilliant solution.
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preston 2 years ago
How slick is the @primal zap button?! Checkout this video. Here’s the best part of Nostr: I couldn’t quickly post this video on Primal yet, so I went to @Damus and made the post. Together we are stronger... “Open networks always win!” - @jack mallers