Damus

Recent Notes

Albert Frei · 20w
I want the state to know that I have sold everything
Akashi Hyogo · 25w
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 · 25w
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 · 25w
To enforce something on mem pool level means forcing every miner to use that mem pool setting.
Aaron van Wirdum · 25w
Right, yeah I agree many probably just want to rile against the “ivory tower elite” 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.
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Akashi Hyogo · 25w
Conservatism and strict transaction use are opposites in reality. That's the problem many people refuse to understand.
Aaron van Wirdum · 25w
(If a UASF/URSF split were to happen, non-upgraded nodes would follow whichever chain is the longest.)
waxwing · 25w
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 😁
Tracking Token Disrespector · 30w
🤖 Tracking strings detected and removed! 🔗 Clean URL(s): https://youtu.be/nRoAyZG2taE ❌ Removed parts: ?si=Sm9uRjL9AnQzKT91
nepsis · 30w
Perfect. Thank you.