nomadshiba⚡ on nostr

Recent Notes

Yes, economic incentives. It is how all things should run. More moral than rules too. Also, greed? Have you seen the fees in the mempool. They're cheap. I've refused to upgrade to v30, but also don'...

nomadshiba⚡ @nomadshiba⚡ 1773295412

phrases, keywords

nomadshiba⚡

@nomadshiba⚡ 1773247865

test

nomadshiba⚡ · 1d

nomadshiba⚡ @nomadshiba⚡ 1773175295

i mean i can say this many events can exists per timestamp.

but i also have to say this many timestamps can exists per block.

but then when a miner includes your timestamp tx. the protocol can say that timestamp exceeds the max number of valid timestamps per block so its not valid. so you paid a tx fee for nothing.

but you can use PoW and difficulty adjustment instead. and limit the number of timestamps per block fairly.

nomadshiba⚡

@nomadshiba⚡ 1773174678

PoW and difficulty adjustment, limits number of blocks per 10mins in a fair way. that's the point. also it enforces the order.

this can also be used to make timestamp based non-monetary aggregation of call events desenterlized.

preventing timestamping spam (number of timestamped things that needs to be downloaded off-chain for verification).

limiting the number of timestamped events per block fairly. without a centralized aggregators or sequencers. creates a fee market for event timestamping.

i guess, idk. maybe i have been thinking too much walking around the house missing something critical.

nomadshiba⚡ · 1d

i mean i can say this many events can exists per timestamp. but i also have to say this many timestamps can exists per block. but then when a miner includes your timestamp tx. the protocol can say that timestamp exceeds the max number of valid timestamps per block so its not valid. so you paid a t...

nomadshiba⚡

@nomadshiba⚡ 1773168511

while you can just timestamp data, and use L2 payment layers as payment confirmations.

why try to store all the data on the timechain?

nomadshiba⚡

@nomadshiba⚡ 1773163536

another thing is bitcoin's price is also influenced by how much electricity is needed to mine it.

Matthew Kratter @BitcoinUniversity · 1d

Bitcoin Security Budget FUD https://blossom.primal.net/3920997dfaafe0ed02076ee58ff23439782fb1270705b55e9b7d99bf20aebbd3.mp4

nomadshiba⚡

@nomadshiba⚡ 1773157397

there's something sus about the Citrea logo, but i mean Citrea is evil in general.

Tauri · 2d

That’s why #BIP-110 will eventually be enforced by a minority. As it happened with Segwit. Bitcoin is not a democracy. https://blossom.primal.net/cb599217ae74e6716ba6b073d74f372196862132337ba9c2f92...

nomadshiba⚡ @nomadshiba⚡ 1773140772

(im not even talk about illusion of voting, that keep people tame)

to me problem is not the voting power.
to me the problem is the voting itself.

voting turns multiple individual people into a single entity. if the entity fails the whole system fails, and there is no back up.

you are made out of multiple cells, yet you are a single entity. voting turns multiple individual people into an entity.

It's centralizing.