Damus

Recent Notes

Cyph3rp9nk · 3w
Today I'll only say one more thing. Satoshi's coins have not been hacked, even though hardware wallets and multisignature didn't exist back then. Think.
fountainhead profile picture
Dumb question, I guess:

I understand that you can just roll a bunch of new/good dice or throw 264 coins in a shoebox, shake them up, and randomly pull them out in stacks sufficient to create your own private key/seed words…and then you can stamp the corresponding seed into a metal of your choice and hide it for the next thousand years, but then what? You can’t just enter those words into sparrow running on your personal computer. Do you put them into a hardware device and rely on it solely as a signer? What was/is the OG cypherpunk method of utilizing a purely human generated, totally random, private key with a wallet software?
fountainhead profile picture
@OCEAN @Bitcoin Mechanic @Unhosted Marcellus

Apologize if this has already been discussed, but, during the BIP110 mandatory signaling period, will Ocean’s back end flip to enforcing? In other words, will the pool still accept non-signaling shares during this period?

Similarly, should there be a resultant chain split, will the pool only mine on the new BIP-110 chain tip?
1
Unhosted Marcellus · 6w
I don't work for Ocean and never had any insider knowledge on that topic, but they just posted this announcement on X. https://blossom.primal.net/b94839bef442b43a653d4adbaeb01f529b6ac4ca9bb75b03ce88e6368de1504f.png
Matthew Kratter · 20w
Bitcoin Mining Just Changed Forever https://blossom.primal.net/f03e193d89d4d2f556052bcbf5eb76f4533ce6da60891b03026c4ac3d08b64bf.mp4
fountainhead profile picture
I questioned the non KYC aspect here:

https://primal.net/e/nevent1qqst4p68x7rqjtlgkt64mfvg4e3q6hs34stl4fcts5gzj58n7ypk96cr0w834

Seems like that needs some further clarification.

Also, might want to elaborate on Ocean’s payout policy as well just so anyone that wants to try this is aware. On chain payout minimums are around 1 million sats. That’s roughly around one month of 1Ph/s hash rental from Braiins at today’s rates. If you rent less hash and/or want more frequent smaller payouts, you need to setup lightning payouts which require a Bolt12 offer.

Just FYI’ing.
2
mIX · 20w
The Bolt12 payouts on Ocean are generally done daily, which is pretty good when compared to many other pools.
Uncle Ted ⚡️ · 20w
It’s extremely easy creating your Bolt12 invoice using Coinos.io. I know it’s custodial but you can transfer after to your non-custodial wallet.