I host multiple sites and services that work without issues.
1 of them went down today and won't come up. It was very odd that only 1 went down.
It turns out, it's the only one using Cloudflare.
I can't login to Cloudflare console.
I can't even login to my registrar to disable Cloudflare (dns config), because they also use Cloudflare!
My hands are tied on this. We all wait for Cloudflare to fix this, and I can't think of a way to fix this on my side.
This is peak centralization. Registrars using Cloudflare can bring the internet to a deadlock.
?
⚡ODT⚡
odt@instant.gr
npub1uw5r...kpsa
Paranoid crypto anarchist
Notes (3)
Just saw the "accelerate with gpay" in nostr:nprofile1qqsrk63a8wentzpk5ex3eqpf9wtww6vwcddzuh9y2800567n4ulwhpqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcygedr2. It's quite interesting especially for non-tech people.
It would be even better to accelerate by paying via lightning or cashu, maybe using mempool's mint if they run one.
Thought experiment:
In 2140, mining will solely rely on transaction fees due to zero block subsidy.
This new competition dynamic may result in miners prioritizing valuable blocks over others.
For instance, if whales broadcast high-value (and high-fee) transactions at the same time, other miners might attempt to claim those rewards instead of building upon the existing block.
Why would they compete for 100m sats when they can get 300m sats? The difficulty would be the same for both.
Consequently, this could lead to an increase in short-term chain splits and potential rollbacks for mining the same lucrative transactions.
If short-term chain splits become common and depending on fee volatility, rollbacks might extend beyond one block. In such a scenario, would the traditional "six confirmations" rule still provide a perfect guarantee of transaction finality?
After writing this, I realized there is a paper on the topic: mining_CCS.pdf
#asknostr #bitcoin #mining