Damus

Recent Notes

Akashi Hyogo · 45w
Conservatism and strict transaction use are opposites in reality. That's the problem many people refuse to understand.
Packlight profile picture
How do you believe so? I assume because enforcing strict transaction use requires more and more filters in the future? In that case you might be right. But I was referring to being conservative on the use case of Bitcoin. Not necessarily the code base. Although I would also be down to discuss and look for consensus changes to Bitcoin to keep arbitrary data out. I don’t know how and I too like the advantages of P2SH. But I like to think we have decades to think about this. That’s what I mean by conservatism. Not getting frustrated when seemingly good changes to Bitcoin are not there yet after years. That’s okay.
Akashi Hyogo · 45w
No. Enforcing strict transaction use requires consensus change -> fork. Decreasing the volume of spam might be achieved with filters. But does not enforce anything. (If there is one miner with "custom" mempool filters the spam will be mined. Most of the miners are aware of config file on their no...
Akashi Hyogo · 45w
To enforce something on mem pool level means forcing every miner to use that mem pool setting.
Aaron van Wirdum · 45w
Right, yeah I agree many probably just want to rile against the ā€œivory tower eliteā€ they perceive Bitcoin Core to be. Talk (ranting on social media) is cheap. But I wouldn’t be surprised if som...
Packlight profile picture
I favour conservatism and strict transaction use. I think it would serve Bitcoin better. That said, I would not bet on futures. Because I’m not putting funds on an exchange. And there is an easier option to show discomfort. Namely, choosing the more conservative node implementation/don’t upgrade for now.
1šŸ¤™1
Akashi Hyogo · 45w
Conservatism and strict transaction use are opposites in reality. That's the problem many people refuse to understand.
Aaron van Wirdum · 45w
(If a UASF/URSF split were to happen, non-upgraded nodes would follow whichever chain is the longest.)
waxwing · 45w
That's a good point about futures and exchanges. We need a mechanism to bet on the fork outcome inside bitcoin transactions. I think there was some research into that years ago. Hopefully the mechanism doesn't use OP_RETURN 😁
N · 54w
We need a standard for backup/migration of user space of wallets, specially those with multiple wallets/keys Like COLDCARD Teleport Make it super easy and secure for users to migrate all their stuff...
Packlight profile picture
I like what Coinkite built with key teleport. But sending private keys through it remotely worries me. I will never feel sure that both channels were secure and there was no MITM-attack. How could I be absolutely sure that I’m talking to the authentic person. Assume phone and pc compromised.

What authentication method do you use?
1
N · 54w
https://github.com/Coldcard/firmware/blob/master/docs/key-teleport.md
jack · 67w
šŸ’Æ nostr:nevent1qvzqqqqqqypzpaegm8nwwpyrtrnsjv84efjtp9mhpkvfenvxs487vx8d48y28qgxqqsgsc3lfarzl6sjrnrewxxl88fme3ztewhrtf4tp5u56l7uhuxzdmc7qvfj3
Packlight profile picture
It used to be 40 bytes for a reason right? I feel overtime we gradually give in on multiple fronts every time while actually, we the node runners, should stand firm. Even though it might result in some short term negative consequences. We can try to grab that by the roots instead of the leafs. Feels like slow dead otherwise.