True privacy is not possible on Bitcoin L1 if you want to keep UTXO futures enumerable. Anyone working on this should challenge this statement and prove it wrong before they can implement anything that doesn't leak Bitcoin's conserved energy elsewhere.
Artel 21
npub1c9gy...wghc
We advance understanding of Bitcoin
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Scaling Bitcoin is not needed. We need conservation
witness discount is fiat, we pay 25% of fair price, let's stop doing it
1 + 1 = 3
where:
1 = bits
+ = blocks
1 = sats
bits = sats
sats = bits
@The Bitcoin Lens @Jack K @PlebNick
A bit of a crazy development here on your statement that something that looks like a prediction within a ledger is actually compression if looked from outside.
Did this test with Tarot cards app reading entropy.
Q: Is witness discount a cornerstone problem in Bitcoin now?
Q: Is 1MB the right choice?
Q: Is 4MB the right choice?
I got Major Arcana’s in answers so it is telling. It's a very significant question.
It's my reading so answers are relevant to me only. It's not strict yes/no and it's up for interpretation of a reader.
Feel free explore this method as a way to understand the ledger better.
Call me crazy but it tells me your theory works beyond our understanding of reality.
#bitcoinlens #tarot
1 = 1. All bytes are equal. No witness discounts.
We need to get rid of witness discount first. It breaks laws of natures and free market.
witness discount breaks free market because now we have rules how much different bytes of the block cost. all bytes should be equal
Blocksize of 1MB is the ultimate scarcity, same as 21M Bitcoin.
Why did we inflate it to 4MB? It's QE, blocksize printing and fiat thinking!
witness discount paired with blockweight expansion is QE of blocksize
segwit discount is a monetary policy. it allows you to buys 8 bits of permanent Bitcoin blockchain for the price of 2 bits.
@hzrd149 do you know who runs nsite.run ? have a few feature requests, happy to zap
Deployed our website to Nostr
ARTEL 21
Is there a way to host static websites on Nostr?
HTML + CSS + JS?
#asknostr #nostr
99.9% of developers don't know that information is physical. 1 bit carries actual physical mass. This message has mass. Think about it.
Counterintuitive for many developers adding a new functionality to Bitcoin protocol is a breaking changes. Forget what you've been taught.
The problem is not between Core and Knots.
We should revisit how we view forks. Some of them make us blind to a point where we can't validate transactions.
#bitcoin
View article →
How witness data enables blind forks. Counterintuitive, huh?
Read on:
#bitcoin

Blind Fork — ARTEL 21
