Damus

Recent Notes

Derek Ross · 87w
Enjoy 🤙🏻🫂💜
mononaut · 113w
This isn't how it works. Runes have built-in anti-name-sniping protection: the "etching" transaction has to include an inscription commitment with 6 confirmations, so by the time the name is reveale...
mononaut profile picture
The extremely elevated fees in the halving block are a result of competition to be the "first" Rune, not to snipe or discourage sniping names.

With so many new tokens appearing simultaneously, it was assumed that the ones at the top of the list will form a Schelling point for speculators and pump the hardest.
jimmysong · 114w
https://m.primal.net/HxhK.png # Halving Fee Chaos The Bitcoin halving is an anticipated event, one of those Bitcoin holidays that happen every once in a while. Along with Soft Fork Activation and va...
mononaut profile picture
This isn't how it works.

Runes have built-in anti-name-sniping protection: the "etching" transaction has to include an inscription commitment with 6 confirmations, so by the time the name is revealed in the mempool it's too late to make a copycat.
1❤️1
mononaut · 113w
The extremely elevated fees in the halving block are a result of competition to be the "first" Rune, not to snipe or discourage sniping names. With so many new tokens appearing simultaneously, it was assumed that the ones at the top of the list will form a Schelling point for speculators and pump t...
CitizenPleb · 151w
GM ☀️☕️
Galetaire · 128w
Hey Mononaut, do you have any thought regarding how spot ETFs could affect block space? Kind of curious. ETFs will bring more people, potentially increasing price, but since most of it will be centralized, there probably won't be much of an impact on block space. Does that make sense?
noname · 152w
pull my finger? http://xdr.rf.gd
Unhosted Marcellus · 168w
Thought so. Thanks for entertaining my cheeky question.