Damus

Recent Notes

Financial Parasites · 5d
There are far more ways of rugging yourself through dice rolls. Don’t hop on what these retards say. Use 24-12 approach if you are really worried: 1) let the device generate 24 words seeds 2) use coinflips/ dice rolls to generate 12 word passphrase. This can be done totally offline. You can us...
IntuitiveGuy☯️ · 5d
I don't have enough technical knowledge to have a not biased opinion or derived by looking at actually what Bip110 is or the changed made in Core 30 were.. .. but there's a thing I did notice in the ...
All₿right profile picture
Well put, and I agree. The sentiment of this post was the exact reason I switched to Knots support early in the debate. At this point now I’ve lost the plot because I really don’t know the technicals well enough. It’s always in hindsight when things become clear, I can’t believe how easily I was persuaded into buying and using the cold card while having a general understanding of the importance of open source software. I don’t know how this bip-110 will pan out but I do know it’s important to have developers and maintainers in the space that are decentralized, node runners that are decentralized, and miners that are decentralized. I worry about the future of mining decentralization. When the difficulty becomes so hard that only massive conglomerates are able to solve a block what happens then? Similar to housing now with banks and firms buying up the block inflating the market where only the most affluent can own. Fiat debasement is much to blame but that’s a different topic all together.
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IntuitiveGuy☯️ · 5d
We need to hope in a mining revolution, where everyday objects can easily be plugged to mine at a fair cost. Solo mining lottery or many mini conglomerate of miner friends could also help. In the end it's all about incentives.. if Bitcoin Core is/was captured is because they see better incentives i...
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@Alan ₿ Does anyone know if the blockstream jade has support for a dice roll seed? I feel like I remember that they send along a few blank QR sheets to use the device stateless and scan the QR code to sign TXs. Am I getting that confused with using a jade with sparrow wallet? I tried looking on blockstreams site but can’t find a user guide
Noshole · 2w
I probably know more about bitcoin security than your average person on the street because of my husband and hanging on nostr. I’ve learned a lot, but have resisted learning certain areas because in...
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I’ve got a random learning story for you. I had a wallet with a pass phrase through sparrow wallet. One time I opened my wallet with a typo in the pass phrase. The wallet still opened but with completely new addresses. I should have seen that there was no past activity on any addresses but I was too new to the space. I sent over some utxos from an exchange and then closed out the wallet once I had a confirmation on chain. Days later I opened my wallet with the correct spelling of the pass phrase and that bitcoin was nowhere to be found. It took me a few days to realize what had happened, weeks of attempts to recreate the typo. Turns out my keyboard or finger didn’t pick up on the first letter of my pass phrase. Incredibly lucky save but also very silly mistake. Anyways, good luck on your learning I feel like lots of people will start using pass phrases and hopefully I can help you or someone from making that mistake!
Akashi Hyogo · 13w
Also data center can't consume water. That's retarded idea.
All₿right profile picture
It all just depends on the type of cooling the center will use. I don’t know anything about the aspect of temperature regulation in a data center, assuming that’s what the water is for. In residential applications there’s Geo thermal open or closed systems, probably involving cooling towers? I doubt that the cold water is taken in, hot water dumped. It would just take way too much water, I don’t think any ground water could support that type of operation for very long. You see this type of head line a lot though with little to no information on the actual water usage.
ethfi · 17w
No secrets here