Damus

Recent Notes

Hanshan · 1w
I'm not sure this is a problem. I think the budget self-adjusts to the level of demand for security. Whether that budgetary level is adequate for any specific individual or group is another question. ...
ChadXMR profile picture
If BTCs price is not at least doubling every 4 years the security budget in electricity or dollar terms will start to shrink and will not stop. No healthy transaction fee market can counter that I don't think. And as more ASICs become unused it would get ever easier and cheaper to attack no?
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Hanshan · 1w
Sure. But right now it's like ridiculously impossible to attack right? At what level does the security budget become too low for your threat model? I'm already using Monero to transact and its hashrate is abysmal. Long ago on Twitter, I came up with a spreadsheet that tried to estimate the numb...
Hanshan · 1w
(hopefully that was under this nym and I didn't just dox myself 😂)
Hanshan · 1w
I'm not sure this is a problem. I think the budget self-adjusts to the level of demand for security. Whether that budgetary level is adequate for any specific individual or group is another question. I'm much more interested in the repercussions that the security budget is only paid by transactoor...
demian · 1w
Again, not a scam but simply a poor choice, but ok..
demian · 1w
Not a scam but a poor choice of crypto payment solution. Should've just implemented usdc or some shit like that.
nostrich · 1w
No. I don't like Signal. For my taste it's too much like Zcash. So I use it through Molly I know that my metadata still gets exposed and I am definitely not protected against US intel. But it's still far better than WhatsApp or Telegram for normie communication. I use SimpleX, but even then it's...
JackTheMimic · 1w
So? Lol, who cares about fiat rails? Being listed on an exchange is a detriment to Bitcoin.
JackTheMimic · 1w
Lol
Sinal Chain BR · 1w
Eu não estou convencido que a Monero seja mais resiliente do que o Bitcoin. De acordo com as taxas atuais, o custo de transação em Bitcoin (3 sat/vB) é mais econômico do que a Monero (não divulgada). A questão é a segurança, não o custo.
BunnyM · 1w
We don’t. But we do know he is keeping most of it in Bitcoin so he does not value Monero as much.
BunnyM · 1w
Exactlyy. Swapping to XMR could have prevented the attacker from leaving a paper trail everywhere.
Tauri | Bitcoin-BLAKE2b · 1w
I meant self hosted lighting. But to be fair both are kinda shit.