Damus
Time Chain profile picture
Time Chain
@Time Chain

Bitcoiner, Linux user and
freedom defender.

Relays (8)
  • wss://nos.lol/ – read & write
  • wss://eden.nostr.land/ – write
  • ws://chestnut:3300/ – write
  • wss://nostr.mom/ – read & write
  • wss://relay.damus.io/ – read & write
  • wss://nostr.bitcoiner.social/ – read & write
  • wss://relay.noswhere.com/ – read
  • wss://nostr.oxtr.dev/ – read

Recent Notes

Kyma Fi · 2d
LFG 🚀
Matthew Kratter · 1w
Is BIP-110 Being Rushed? https://blossom.primal.net/7baa759953cb3020f6b72d1689323c6cea7bd4ece2d0f10f53a33d68c6892c17.mp4
Time Chain profile picture
That X comment only confirms what I have said all along. There is no legitimate market for jpegs on bitcoin. This is VC spammers trying to create a bitcoin "OpenSea" with high asymmetric return from a few niche suckers. They are running scared now that they understand how effective BIP-110 will be. Pure genius in design. The timing is perfection.

❤️2
Matthew Kratter · 1w
Tracking Bitcoin Spam and BIP-110 Adoption (The Bitcoin Portal) https://blossom.primal.net/830c0753e4db3ee1ca2c395089b92ce3bcc023678e45a0566987e2eb89e68695.mp4
Time Chain profile picture
Excellent site. He does a fantastic job of illustrating the spam attacks on multiple dimensions. Proof of work at its best.

Ivan Pustogarov in 2015 explained that running bitcoin over tor introduces risk to the network. It is true that you don't have to open port 8333 on your router with tor, but depending on another node network for uptime (only 8,000 to 10,000 tor relays worldwide) gives me some pause on weighing privacy pros and cons. However, with rising spam (and potentially illegal content) on the network, clearnet may pose an even greater risk in the future.

Not spreading FUD on network configuration or anything, just objectively analyzing the security and privacy tradeoffs. Your node, your rules. Your keys, your coins.

❤️2
Tracking Token Disrespector · 1w
🤖 Tracking strings detected and removed! 🔗 Clean URL(s): https://m.youtube.com/watch?v=gd5NZvsyAfw ❌ Removed parts: &pp=ygUWQml0Y29pbiBvdmVyIHRvciByaXNrcw%3D%3D
Tauri · 1w
Beats me, personally this was the first time I’m watching a video of his.
nostrich · 2w
A dying fork can have all the nodes it wants. If mining power has no incentive to support it, it will quickly become irrelevant. An adequate number of nodes is important for censorship resistance, but...
Time Chain profile picture
Miners are employees of the network. The network is controlled by nodes because node runners own the land where bitcoin lives. The miners are but serfs on the land. The extra fees from spam dust are not a strong enough incentive when only a couple of miners have the spam profitting VC firms backing them. When other miners can easily get more blocks and coinbase on a clean chain they switch over and leave the spam blocks to die.

🎯1