Damus

Recent Notes

Rob Hamilton · 2d
It is a bitcoin denominated contract
Rob Hamilton · 2d
Code doesn’t care about your feelings
kreyszig · 2d
I don't like spam, but my understanding is that BIP110 does not significantly increase the cost of spam (sub 1% for ordinals). I don't mind the signaling aspect of BIP110 as a way to protest Core, but...
Epaphras profile picture
The BIP is not designed to increase the cost of spam. It's designed to close OP_RETURN.

Those opposed keep saying it doesn't increase the cost of spam or solve spam to try and keep people from supporting the BIP. The BIP specifically addresses this and states clearly that the BIP is not designed to remove all spam. It's to close specific attack vectors.
kreyszig · 2d
I am mostly worried that the risks for the network effects due to a potential chain split could far outweight the marginal benefits provided by BIP110. As I said I don't mind the signaling, but not at the cost of damaging the network effect. I would have been much more comfortable to signal if it ha...
Jameson Lopp · 2d
You ignorant fool, you don't have to trust nostr:nprofile1qqsvak4cr0jzaarahhn98a9602e94sa2xt8u9dnjac8cns86lzp0z0spp4mhxue69uhkyunz9e5k7tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkct...
Epaphras profile picture
I am an ignorant fool because I don't want to have anything to do with someone's code that is in bed with fiat bankers? I'm not going to read or hire someone to read someone's code that is in bed with the central banking system. Not worth a minute of my time or a single sat.
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Jameson Lopp · 2d
Yes, you're an ignorant fool if you believe that objective code somehow gets tainted if its author is impure according to your subjective perspective.
Cykros · 3d
Any word on why miners are not bothering to activate yet? Surely with only a 55% hurdle there's not a lot of incentive to wait until mandatory signaling. Is that 4% really what they're holding back fo...
Epaphras profile picture
Miners have 0 incentive to activate as of yet. Besides (as a 110 supporter), I'd prefer miners to not activate it, because I do not want to centralize miner power. Nodes matter, not miners. Nodes set the rules and miners adhere to those rules. 0% miner activation is my preference.
Cykros · 2d
If they have no incentive to activate then it's not clear why they ever would. The whole point of a UASF is to exert leverage on the miners. Nodes can set rules but rules without blockspace do not a chain make.
kreyszig · 2d
I don't like spam, but my understanding is that BIP110 does not significantly increase the cost of spam (sub 1% for ordinals). I don't mind the signaling aspect of BIP110 as a way to protest Core, but at this point it seems Core lost any legitimacy and new clients will mostly take over.
Jameson Lopp · 2d
You ignorant fool, you don't have to trust nostr:nprofile1qqsvak4cr0jzaarahhn98a9602e94sa2xt8u9dnjac8cns86lzp0z0spp4mhxue69uhkyunz9e5k7tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkctcrn5pxz because the fork futures contract is open source code that you run yourself. If you can't r...
dustygrooves · 3d
I thought bip110 was a soft fork
Epaphras profile picture
Its interesting to see so many people get upset over this soft fork, especially since their rhetoric is that it is dead on arrival. If they hate those of us running BIP-110 so much they should write a URSF with their daylight hours instead of spending 24/7 bashing people who support BIP-110. They keep saying it will cause a chain split. Shouldn't they be applauding us if that is the case? It will mean they have shitcore all to themselves and we would be on another chain. Or, it could be they are corrupt and beholden to others who wish bitcoin to fail.
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dustygrooves · 2d
I like how you posted earlier it’s a litmus test. Exactly. It has dawned on me that core30 was a real takeover and centralization of Bitcoin. As we ramp up to August it will just get more and more interesting to see everyone’s cards. This is the biggest war in bitcoin history and yet it’s been...
The Nazi Society · 2d
I'm just fine with a 1% hash rate, time is on our side. What will be a shitcoin when the chain is (((attacked))) with kidiporn, viruses, and fuck know what else. I'm safe.
Jameson Lopp · 3d
Liar. Rob built a trustless p2p futures contract. No third party required.
Matteo · 1w
I haven’t seen much here either. My understanding is, signal bip 110 if you want to push the small block message to miners. It would need 55% support. If implemented it will not solve the problem of...
Epaphras profile picture
It only needs 55% to be activated early. It activates no matter what, even if miners don't signal. It probably would be better for the health of the ecosystem if it isn't a miner activated softfork (we don't want miner centralization even for good soft forks). If it doesn't get the 55% miners to signal then it will be a user activated soft fork. Right now ~15% of nodes (similar to bip 148) are running RDTS. That means a significant portion of the network will not accept blocks with arbitrary data. This incentivizes miners to respect the rules of node runners.
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