@Aaron van Wirdum
Author of The Genesis Book.
Former Editor-in-Chief at Bitcoin Magazine.
No relay list published yet.
Recent Notes
There is nothing to disagree on, it’s a fact. You’ve been misinformed.
Free agent.
A new Bitcoin, Explained episode appeared!
On Bitcoin Core 30, the non-drama edition.
With @npub1s6z7h....
https://podcastindex.org/podcast/3307835?episode=44789004081
On Bitcoin Core 30, the non-drama edition.
With @npub1s6z7h....
https://podcastindex.org/podcast/3307835?episode=44789004081
I think your first answer is kind of changing the topic, since we were discussing node centralization.
Is your concern node centralization, or is it fee pressure, or both?
Is your concern node centralization, or is it fee pressure, or both?
So my main takeaway from this discussion is that @npub1lh273... @npub1lh273... sees a legal and/or moral difference between data in OP_RETURNs and data in (say) Inscriptions.
*Even if* it’s the exact same data!
(The argument, to the best of my understanding, is that data in OP_RETURNs is “sanctioned” *as data* by Bitcoin Core now that the policy limit is lifted— whereas data in Inscriptions can only be “misinterpreted” as data.)
It does make me wonder how many people in the Knots camp actually understand that this is the level of nuance they are ultimately fighting over. (It seemed that even @npub1wnlu2... kind of learned this live as they were recording…)
@note19udfg...
*Even if* it’s the exact same data!
(The argument, to the best of my understanding, is that data in OP_RETURNs is “sanctioned” *as data* by Bitcoin Core now that the policy limit is lifted— whereas data in Inscriptions can only be “misinterpreted” as data.)
It does make me wonder how many people in the Knots camp actually understand that this is the level of nuance they are ultimately fighting over. (It seemed that even @npub1wnlu2... kind of learned this live as they were recording…)
@note19udfg...
“Sir, we found CSAM in the blockchain.”
“CHILD PORNOGRAPHY IN OP_RETURNS!? Track down every node IP, locate their physical address, and send in the SWAT teams immediately!!”
“It’s actually in Inscriptions.”
“Oh, never mind then.”
“CHILD PORNOGRAPHY IN OP_RETURNS!? Track down every node IP, locate their physical address, and send in the SWAT teams immediately!!”
“It’s actually in Inscriptions.”
“Oh, never mind then.”
Great weekend read by @nprofile1q....
https://bitcoinmagazine.com/bigread/bitcoin-political-side-trump-politics
https://bitcoinmagazine.com/bigread/bitcoin-political-side-trump-politics
In Bitcoin, Explained 93, @provoost and I explain the Great Consensus Cleanup Revival. (And Sjors also gives an update on the Tornado Cash and Samourai Wallet arrests.)
👂👇
https://bitcoinexplainedpodcast.com/@nado/episodes/episode-93-the-great-consensus-cleanup-revival-and-an-update-on-the-tornado-cash-and-samourai-wallet-arrests-5bbxi
👂👇
https://bitcoinexplainedpodcast.com/@nado/episodes/episode-93-the-great-consensus-cleanup-revival-and-an-update-on-the-tornado-cash-and-samourai-wallet-arrests-5bbxi
Listened to Michael Saylor on the @npub1r8l06... podcast. It's 3 months old, but sheds some light on the ARK funding story.
https://youtu.be/_QN0RcQFf6w
TL;DW: Saylor strongly believes in *OSSIFICATION NOW*. From that POV, protocol development is a liability.
Some quotes (and thoughts)👇
"You only get to play God once. And Satoshi played God. And you can say 'well Satoshi got to do it, why can't I?' Well the answer is Satoshi did it, the reason we're talking about Satoshi is 'cause the other 100,000 would-be Satoshis failed. If you read the history of the world, work your way through 10,000 pages of Western history, there will be thousands and thousands and thousands of episodes of 'alpha male thinks he was put on this earth, you know, to change everything', full of hubris [...] he's gotta do more, change more, etcetera.'" (53:34) "Bitcoin Core developers, or protocol developers, they want to fix something, or they want to make a contribution, because it's in their DNA, but developers are just the lawyers of cyberspace. When a lawyer shows up at the capital, they gotta make a law to save you from yourself, and the more laws they make, the more they cripple the economy, until eventually there's so many laws that the entire civilization collapses under its own weight." (58:06) "The world is full of people that need something to do. I would say, the real key to wisdom, channel your energy constructively. If you're gonna do something, improve Lightning, build an application, persuade someone to adopt Bitcoin as a reserve asset, educate someone… these are all constructive things. Destructive, dilutive, distractive things are: fight with random people 'cause they want to fight with you, attack the core network and make it confusing and introduce anxiety, and confusion and fear, uncertainty and doubt into the base layer. Right? And then attempt to imprint your ego, you know, on the base protocol, you know? Like, 'I gotta introduce this so my name will go down in history forever'." (2:38:55) My view: it's understandable to want Bitcoin to behave like the granite under Manhattan (his analogy); a solid bedrock that never changes. Especially if you truly believe Bitcoin will take over the world as SoV-only and "there is no second best". But IMO this is wishful thinking. While I agree it's near-impossible for an alt to overtake Bitcoin, I do think adoption could stall.
Luckily, Bitcoin isn't really a natural element. It's spontaneous order, more like language. Hard to change and no one can dictate changes, but if market wants it to change, it can.
Furthermore, despite Stephan asking a few questions in that direction, Saylor mostly failed to distinguish between protocol upgrades and general software maintenance.
Arguing against any hard/soft forks is one thing, but Bitcoin Core 26.0 can obviously not last for centuries...
Having said that, Saylor is of course free to not upgrade anymore and stick to Bitcoin Core 26.0 for as long as he lives.
https://youtu.be/_QN0RcQFf6w
TL;DW: Saylor strongly believes in *OSSIFICATION NOW*. From that POV, protocol development is a liability.
Some quotes (and thoughts)👇
"You only get to play God once. And Satoshi played God. And you can say 'well Satoshi got to do it, why can't I?' Well the answer is Satoshi did it, the reason we're talking about Satoshi is 'cause the other 100,000 would-be Satoshis failed. If you read the history of the world, work your way through 10,000 pages of Western history, there will be thousands and thousands and thousands of episodes of 'alpha male thinks he was put on this earth, you know, to change everything', full of hubris [...] he's gotta do more, change more, etcetera.'" (53:34) "Bitcoin Core developers, or protocol developers, they want to fix something, or they want to make a contribution, because it's in their DNA, but developers are just the lawyers of cyberspace. When a lawyer shows up at the capital, they gotta make a law to save you from yourself, and the more laws they make, the more they cripple the economy, until eventually there's so many laws that the entire civilization collapses under its own weight." (58:06) "The world is full of people that need something to do. I would say, the real key to wisdom, channel your energy constructively. If you're gonna do something, improve Lightning, build an application, persuade someone to adopt Bitcoin as a reserve asset, educate someone… these are all constructive things. Destructive, dilutive, distractive things are: fight with random people 'cause they want to fight with you, attack the core network and make it confusing and introduce anxiety, and confusion and fear, uncertainty and doubt into the base layer. Right? And then attempt to imprint your ego, you know, on the base protocol, you know? Like, 'I gotta introduce this so my name will go down in history forever'." (2:38:55) My view: it's understandable to want Bitcoin to behave like the granite under Manhattan (his analogy); a solid bedrock that never changes. Especially if you truly believe Bitcoin will take over the world as SoV-only and "there is no second best". But IMO this is wishful thinking. While I agree it's near-impossible for an alt to overtake Bitcoin, I do think adoption could stall.
Luckily, Bitcoin isn't really a natural element. It's spontaneous order, more like language. Hard to change and no one can dictate changes, but if market wants it to change, it can.
Furthermore, despite Stephan asking a few questions in that direction, Saylor mostly failed to distinguish between protocol upgrades and general software maintenance.
Arguing against any hard/soft forks is one thing, but Bitcoin Core 26.0 can obviously not last for centuries...
Having said that, Saylor is of course free to not upgrade anymore and stick to Bitcoin Core 26.0 for as long as he lives.
In 2011, Room 77 was the first bar in the world to start accepting bitcoin payments. In the years after, it became the best clubhouse the community ever had.
Unfortunately, the bar closed in 2020, but I'm leaving one Genesis Book here for a lucky finder
Unfortunately, the bar closed in 2020, but I'm leaving one Genesis Book here for a lucky finder