Damus

Recent Notes

goatmeal · 3d
compact blocks makes your node use less bandwidth. it doesn't work properly when you ignore a lot of valid transactions in the mempool that are just going to be confirmed soon anyway. it works properl...
cheesypleb profile picture
That's nonsense. I can confirm as someone that actually runs a node that bandwidth and CPU usage are considerably less running a knots node than it was with core. What you are arguing is nodes should just follow miners. That's the wrong way around, miners work for the network, nodes signal what we want to see in the network. I will filter my mempool how I want not how compromised core devs paymasters want me to.

goatmeal · 3d
compact blocks makes your node use less bandwidth. it doesn't work properly when you ignore a lot of valid transactions in the mempool that are just going to be confirmed soon anyway. it works properly when your node's mempool policy mirrors the actual consensus rules. you are not protecting yoursel...
MrGlass · 1w
Thats not stealing my friend... if they where stealing... the node would be gone ;-) You need to work on your arguments, because this for sure does not hrlp your story.
zBTCowany BIP110 · 6d
Give up friend, some people are not capable to get it.
Daedalus · 1w
It was a 37% selfish mining attack. It was not a 51% attack. Bitcoin is susceptible to the same attack as are all proof of work chains. The selfish mining attack just resulted in non consensus damaging reorganizations. Stop reading FUD headlines and do your research.
Daedalus · 1w
Small blocks and lack of privacy are the two greatest reasons for Bitcoin's now inevitable regulatory and corporate capture. If you can't see it now I don't think you will ever see it. A cheap, quic...
cheesypleb profile picture
The ONLY thing that makess bitcoin unique is decentralisation. There are a 1000 networks offering, cheap, quick, private transactions. All of these have/will fail due to centralisation. If everything else is compromised to ensure decentralisation in the long term then that's a compromise we have to make.

Daedalus · 1w
Patently false. Bitcoin is extremely centralized due to custodial holdings, KYC chokepoints, centralized ASIC mining, HODL culture demonizing p2p cash usage, and a weak node running culture. Monero is easily one of the most decentralized cryptocurrencies due to ASIC resistant mining, broad delisti...
Matt Corallo · 1w
You mean like the bitcoinuniversity guy who was pumping shitcoins until very recently? Agree, in that case.
jack mallers · 28w
I have a negative fiat net worth, get paid in bitcoin, save in bitcoin, pay bills, and never have to sell bitcoin or incur a taxable event with my bitcoin-backed loans. I live my life on bitcoin and ...
cheesypleb profile picture
How do you avoid the annually refinanced loan compounding by 10% (or whatever the rate is) each year). Eventually you pr your estate will have to pay off an enormous loan. This is only really possible or sensible if you have a very large stack of bitcoin.

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ACCOUNT_DELETED · 25w
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