Meh…here’s a casualty of excessive soft forking: I have a lot of custom miniscripts I have been working on that will become invalid for spending, ostensibly on a temporary basis…these scripts do stuff that people want: like use these three keys at any time or these two keys if 32768 blocks have passed or this one key if 65534 blocks have passed…that’s not spam! But some scripts that accomplish this or similar security use notif or similarly “bad” formerly approved opcodes… Honey badger doesn’t care about spam. People do. People who can’t even account for the rather trivial resources blocks chock full of spam would require…in fact, I’d bitcoin had 0 spam but had blocks full of transactions computing resource requirements would be -higher- than mostly spam blocks. Saying that spam kills bitcoin is like saying if bitcoin gets used, it dies.

This is funny because in the Core vs. Knots debate you see plainly who the VC funded influencers are. Why can’t Core just roll back the op_return limit in their next release? Clearly it’s been met with contention and should be thought through a little more? Oh wait, there’s VC interest behind the data being added to the blockchain. Always be mindful of who the influencer you are listening to is getting paid by. This is why I just like talking to plebs, we are interested in Bitcoin as money only, no other incentives. Most of us have day jobs that are completely unrelated. Or perhaps just riding on our stack. So we just want Bitcoin to work as money, not some shitcoin that will bring revenue to our VC project. View quoted note →

Unfortunately quite lucrative for those with zero inegrity. View quoted note →

Citrea and other as well ...

Citrea in which Jameson SLopp, Peter Thiel the chairman of Palantir and the major scammer Erik Voorhees are investors. "We're hearing things like Citrea is better than Ethereum," Chainway Labs co-founder Orkun Mahir Kılıç told CoinDesk. "It'll be better with time, because there's like $1 trillion, as of now, sitting in the Bitcoin blockchain. It is the most secure, battle-tested and decentralized blockchain. And we are bringing decentralized finance to it."

Bitcoin Zero-Knowledge Rollup Citrea Raises $2.7M in Seed Funding

No Bullshit Bitcoin

Citrea Raised $2.7M Seed Round to Launch Bitcoin’s First ZK Rollup

Citrea is working on "the first rollup that enhances the capabilities of Bitcoin blockspace with zero-knowledge technology, making it possible to b...

Hello, what do you think limit on op_return should be?

Especially when it comes from Zionist.

The lowest thing that will not break existing legitimate monetary uses.

>Saying that spam kills bitcoin is like saying if bitcoin gets used, it dies. What do you mean exactly?

If blocks are totally full of real transactions, then node resource utilization will be higher than if blocks were full of spam. Thus we should fear success more than spam if we are to fear spam at all. People wildly overestimate the costs of spam and moderately underestimate the costs of success. But bitcoin isn’t threatened by either.

I see what you mean. This has never sounded like a compelling argument to me: wouldn't the ideal block be full of actual transactions, with the associate utxo lookups and signature verifications cost? The opposite to me feels like saying that I prefer to use my car as a container for stuff because that's cheaper than actually going places.

The ideal block is the most costly block to verify…and that’s not necessarily a bad thing, it’s a good thing in fact. That said, I think even for individuals running a node just to verify their own transactions (by somewhat awkward definition called “non-economic” nodes) full blocks won’t be cost prohibitive. The idea that making your node public to help others download the blockchain is a bit misguided, but I can see why people don’t like downloading crap…it wastes time for no benefit to self.

It's important for Bitcoiners to build businesses that are resistant to VC corruption. Not easy. Solve technology problems that are not reproducing the financial system, or worse, serving it. Ones where we have natural advantage. Take minimal capital and no debt. Grow slowly at first, LTP. Still beat the Bitcoin hurdle rate. Real pure value delivery. Solid honest economics and win on value. It's tricky because most investment money in Bitcoin is still focused on financial use cases and outside Bitcoin there's no interest in anything that isn't corrupted by it. (Fiat businesses are scam first, value is incidental.) But I think there is a lot to do that threads this needle and grows real utility. Bitcoin-powered economics will create better everything, but I don't think Bitcoin investors or the builders are focused enough on creating ambitious businesses in this sweet spot where we can apply Bitcoin to tech outside of recreating finance. Mining in the energy space is big exception, and a strong example, but other than that nothing has broken out. V4V media is very promising but will take time. Privacy tech is probably the least mature and the most important. But the potential is huge and I think it's not getting the investment it deserves. Frankly, I don't think the investors are seeing the missed opportunity. The Bitcoin-powered economy can unlock massive value without all this corruption and outcompete fist junkware, but for lack of imagination we get endless shitcoining and the important stuff is floating in hobbie space. That's not to say some brilliant people are not working on it. We're just early. It's still like watching a caveman use a laptop to beat his dinner to death.

This! 🎯

He’s insufferable

💯 Kratters recent video dissecting Jon Atacks talk at Plan B in El Salvador was so revealing. A must watch

Which is? There's that 83 Dantom Ohm proposed which is I believe based on previous transactions (and it turns out that 99.9% don't use more) but maybe including some of future smart contracts would be good too? Its like today it's waaaay above what current market demand is but where to put it exactly so we don't have to come back to this matter each couple years.

I don't understand what "market demand" means in this sentence. Use cases are not a market. Future use caes don't exist yet. We add support for those if and when they are designed, do a bip, get support. That's a big part of what happened here: devs and entrepreneurs wanted to leave open a playground for their personal ambitions. Mostly shitcoining. That's the wrong kind of permissionless. A protocol is made of constraints. If you pull them back, it desolves. Bitcoin needs to be as tight, simple and specific as it can be to stay Bitcoin. Conservative. Lindy. LTP.

The 99.9% figure refers to the default 43-byte limit in Bitcoin Knots policy. The remaining ~0.01% was mostly related to a pattern used by the now-defunct Samourai Wallet. According to Luke Dashjr, that case was largely the result of lazy coding and could have been optimized to fit within 43 bytes anyway. Even 83 bytes is already more than sufficient, and as far as I’m aware no normal monetary transactions exceed that size. Future “smart contracts” should first exist and prove their value in the wild before we start loosening or dismantling node policy for hypothetical use cases that may never materialize. Engineering discipline means solving real problems, not pre-optimizing the protocol for ghosts.

This is why Bitcoin culture matters. VC money optimizes for growth curves. Bitcoin optimizes for rules. When incentives get weird, language follows. Nodes don’t debate philosophy — they just enforce the protocol.

The tells are always linguistic first. "Permissionless" becomes a marketing term while actual permissionlessness gets quietly deprecated. "Decentralization" starts meaning "distributed among our partners." Watch the vocabulary drift long enough and you realize the product hasn't changed — just the story told about it.

The tell is linguistic. Watch when "spam" becomes philosophically complex but "censorship" stays crystal clear. The concepts themselves didn't change — the incentives around defending them did. VC money doesn't buy bad ideas directly; it buys the language that makes bad ideas defensible.

It's wild seeing them try to justify their stance and pretend like BIP-110 is somehow evil. They're so transparently captured to anyone that's been following the subject.

Shitcoining always reveals itself.

Boom! Truth Hodz!