Soft fork idea; any UTXO being spent has to include it's entire Utreexo proof in the witness. Oh you have been hording a UTXO from Satoshi days? Your consolidation transaction costs extra 7kb per input... Sorry.

If you hate At protocol (I hate the identity layer), this thread from Rudy should make you annoyed, it proves they have the will, integrity and vision to move towards more decentralisation. My problem is, interop will break soon after... So I wish people just give up and focus on group chats instead... Maybe leave global discourse to special occasions and ossify it like Gmail, because there is no hope for doing both innovation and interop on the long term of increasing social fractions... Bitcoin is marvelous because it scales despite all this social shit View quoted note →

There is a new trend of "start centralized/trustful and decentralise/trustless when the need arise" that you can't unsee everywhere; - Bluesky - Hyperliquid - all Rollups - Ark - Cashu mints I am not sure how to feel about that, because... It is efficient you can't argue against that, and until regulations crack down it is hard to justify the complexity. Arguably, even Bitcoin didn't start with as much decentralisation as it has now, Satoshi could have reorged the chain anytime he wanted in the beginning, no? There is a formula between decentralisation and the value secured by that decentralisation... Too much decentralisation is wasteful for no value, and too little is dangerous for too much value.

Bluesky DAU is coming down back to match Mastodon soon... That's a GG. Message passing won, large indexers didn't earn their keep.

I don't care what people say, saying that SPV nodes are less secure than full nodes (in a network with significant minority of honest miners and honest relays) is absurd.

The original sin was calling them ledgers instead of message queues

Nostr was always a weird beast, it is neither a shameless message passing protocol like Activity Pub, nor is it highly consistent through centralisation like At protocol, nor is it highly consistent through proof of publication (DA) like Farcaster. Instead, it is more like the Bitcoin mempool than anything else, a broadcast network that is too unreliable for good UX, but its main goal is to just let things eventually slip through a supposed censorship. Admirable really, but it doesn't work any better than sharing links in group chats and emails until they reach their target audience. I am afraid that the only viable way for censorship resistant yet reliable broadcasting is a scalable proof of publication ephemeral decentralized ledger... Luckily that is also the endgame solution for scaling payments so it will eventually happen, but I am not sure anyone cares to broadcast their tweets so much as to pay for it, especially that it only guarantees that the data is available, but it doesn't guarantee that anyone will read it or see it at all, anymore than Bitcoin guarantees that a transaction is going to appear on people's wallets if they don't ask for it. Which brings me to the question... Is this just a note taking app?

There is no such thing as opposition in zionism, all zionists are genocidal scum that are also supremacists and shameless enough to demand you don't believe your own eyes because they said so... View quoted note →

Watched an old debate between Shinobi and someone called Connor, and there must be like 50 IQ points difference between them... Depressing to see someone just too stupid to understand basic concepts.

This is a horrible ad given that most people still don't know that BTC is divisible View quoted note →

There is a revisionist idea that Web 2.0 created walled gardens because (insert your least favourite thing) is evil, in reality walled gardens are just well scoped well aligned group of people with incentives to cooperate for the purpose of good experience. The only other sustainable form of interoperability are; 1. Open source Dictatorship (Linux, Git, etc..) 2. Standards committees plutocracy (even worse than #1) 3. Adversarial interoperability; where you reverse engineer your competitors formats to steal their edge (.PSD, etc..) #1 and #3 are the source of all the good things in the web. If you want to change thing about Nostr, just build the best app you want, capture as much of the user base as you can, and everyone will just follow you, and you will save yourself the drama. View quoted note →

A great day and a glorious memory, may we live long enough to see the happy ending of this struggle for justice.

Happy to see zcash rallying, maybe Bitcoiners can stop dismissing all competition as scam and realize a real upgrade is required.

It is safe to express your hatred for genocidal scum, be proud of it. View quoted note →

For a Blockchain to remain decentralised, you have to limit the number of Utxos, because everything else can be compressed, but you need this full set to be able to produce new blocks, and for users to create transactions... But that already sounds like Pools, and indeed, a trustless pool is a Blockchain (or call it a distributed event log if you want) with a hard limit on the size of UTXO set. There can only be so many pools on Bitcoin, because Bitcoin too needs to limit its utxo set, but the limit is very large, and there is still shallow recursion (pools inside pools) if necessary. Cross pools finality will always be slow though, but it will probably still be faster than banks finality (30 days).

Bitcoin is a temporary proof of publishing,, if you think data on Bitcoin will live forever in any special way unlike any other torrent file, you are wrong. Even UTXOs can be deleted and nodes demand that you send your Utreexo proof to spend. Nothing is forever, everything has maintaince costs and if not paid, they get entropied. View quoted note →

You can verify arbitrary computations over private inputs, on Bitcoin, right now. Time to build useful stuff with that.

Simulate soft forks or bust

Liquid federation would have been better off as a trusted cosigner of transactions on Bitcoin to enable opt-in opcodes.

I bring you good news; centralisation will forever remain crippled by compliance... Want decentralisation? Build tools for the anarchists who understand the sovereignity of the Internet and practice it.