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conduition
conduition@conduition.io
npub1l6uy...zvtg
Pseudonymous freelance cipherpunk :: https://conduition.io
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conduition 4 months ago
What is the fastest known vanity address generator?
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conduition 1 year ago
What's amazing to me is that despite crossing into six figures of USD per bitcoin, median on-chain transaction fees are still at single-digit sats-per-byte rates.
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conduition 1 year ago
$100k Bitcoin guys and girls. Inevitability makes it no less awe inspiring. Clever purposeful dev teams are the reason why it happened. When people ask me why i'm so confident in Bitcoin, I say it's because i know how many brilliant minds are actively working out the kinks and making Bitcoin practical. With so much 🧠 power we can't help but succeed at least a little bit. Anyways, tick tock next block, I'll see you tomorrow internet.
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conduition 1 year ago
"Sell me this preimage." You can verifiably purchase the solution to any NP-Complete problem using Bitcoin (and Lightning), combined with zero-knowledge proofs. - Buy the solution to a sudoku puzzle - Buy the prime factors of an RSA key - Bridge HTLCs with PTLCs - Buy a valid proof-of-work - and more...
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conduition 1 year ago
I just found out... there's a NIP for publishing discreet log contract messages on Nostr?? This is a crucial step for DLCs on Bitcoin. The present bottleneck for DLCs seems to be: How do I become an oracle? How do I find trustworthy oracles? NIP-88 would let us build apps which answer those questions. Combine this with ECash DLCs and we could have scalable, instant, completely private micro-contracts, which are discovered over Nostr and settled in ECash. But even if you don't like ECash, this NIP is still incredibly important. Kudos @Carman
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conduition 1 year ago
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conduition 1 year ago
Privacy and self-custody services with a central point-of-failure are not stable long-term. The cull we're seeing in the past couple weeks is just the beginning, but it's a good sign: They're pushing back because we're gaining ground. If you want to run a privacy business, i see 3 choices: - Decentralize your business (no single PoF) - Mask yourself (build pseudonymously) - Comply (by KYCing)
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conduition 1 year ago
I suppose bitcoin devs love #Rust for the same reasons they love Bitcoin. The scarcity and careful auditing of variables passed around in memory mirrors the scarcity and careful auditing of UTXOs passed around Bitcoin's ledger. Allocating new memory is as much an event as mining new bitcoins: Regular, but noted and tracked. In Rust, a value may be borrowed many times, but its value may be consumed only once. Bitcoins can likewise be IOU'd countless times, but ultimately only belong to one script-pubkey. By comparison, languages like Go and Javascript feel very... inflationary. They have an opaque, centralized, bloated, and omnipotent garbage collector attached to every runtime which allocates and deallocates memory as it pleases. Memory can be needlessly duplicated thousands of times entirely by accident, or over-collateralized by shared mutable references. Some languages are the opposite, like C: Total anarchy. "Sure, allocate as much memory as you'd like. Deallocate it whenever. Read whatever you want, write wherever. Just try not to segfault." Only Rust, like Bitcoin, strikes the perfect balance of organized chaos: a rehearsed ballet, in which all the dancers know their movements by heart.
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conduition 1 year ago
As part of the #BackdropBuild Hackathon, I elected to commit myself to making a prototype of the 'Ticketed DLC' protocol I proposed a few months back. 37 days later, here I am with a working prototype. Setting a deadline for yourself can really make a difference - Who knew? There is certainly plenty of optimization and upstream-interop work left to do, and having PTLCs on Lightning would make this SO much more efficient on-chain. But as a proof of concept anyone can play with today, I'm incredibly happy with the result. Running against regtest, all tests are passing, and simulated players can buy into simulated DLCs simply by buying SHA256 preimages (e.g. via Lightning).
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conduition 1 year ago
I can't put into words how good it feels to make ticketmaster engineers salty enough that they feel obliged to send me hate mail. image
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conduition 1 year ago
Prediction: headlines in 2040 will look like: - "EU bans sale of 'non-approved' phones and laptops" - "Australia cracking down on illegal computation" - "New 'client-side safeties' mandated for all devices produced for sale in USA" Governments can't tolerate our ability to circumvent them with code. The EU is already trying to force backdoors into E2EE messengers. Someday they will escalate to banning general-purpose computing hardware because it can do things they don't like: deepfakes, bitcoin, encryption, TOR. Draconian laws will never stop coming, but we dont have to stop them - We need only slow them down enough that we can out-engineer their weak-ass laws. Wanna help slow them down? Donate to the Satoshi Action Fund or the EFF today using Bitcoin. https://www.satoshiaction.io/