Damus

Recent Notes

Nicorama · 49w
Quick napkin math with chatGPT 🧠 Takeaways • 🔄 Solo mining has ~52× better odds of hitting a jackpot than playing the lottery 50 times. • 💷 Expected value is over 4× higher with solo mining. • 📉 Both are long shots, but solo mining is a more favorable “lottery” if you’r...
Bitcoin Architect · 40w
Love the mini miner https://blossom.primal.net/8f3420c87722616a2171963a6d618a73452a8ef02b56085fde8ea570440adf84.jpg
John Carvalho · 49w
I heard nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 approves. https://github.com/bitcoin/bips/blob/862f5488dfaca72c0bcecd596fbbf87ae392f46c/bip-0177.mediawiki
Nicorama profile picture
Still think this is too confusing… But it the idea really gained momentum…

IMHO would make more sense to keep sats and have 1 million :1 ratio eg rename bits (100sats) to bitcoin.

At $1m usd we get 1 btc = 1 usd and 1 sat = 1 cent

1 BTC becomes1 000 000 BTC
21 trillion bitcoin
100 sats for one bitcoin

And maybe some among convention for old vs new, maybe with upper lower case? Or rename to MBTC?

1MBTC = 1000000 btc = 100 000 000 sat
❤️1
Nicorama profile picture
After so many years being in the space, finally attending a conference - I could not have picked a better one - has felt like coming home and reconnecting with friends that I actually had not actually met. Super inspiring, fun and signal-rich day of talks, and great events around the town, with ⚽️ 🏆and ☀️🍻 later today.

Kuddos to @Peter McCormack @Danny Knowles and team for putting together this very special event while putting Bedford on the map by just doing things.
Nicorama · 53w
“I should have set the initial BTC price higher, it was only 1€ / 1000 BTC in the beginning.” 🤣 🤯
Nicorama · 53w
Really amazing to be reading this archive
Melvin Carvalho · 53w
We are pleased to announce the publication of the First Public Working Draft for the did:nostr method specification: https://nostrcg.github.io/did-nostr/ This specification defines a Decentralized I...
Nicorama profile picture
Great to see DID & nostr devs working together, makes 100% sense to me to have a standard for multiple type of identifiers with different trade offs, nostr being one of them. For high security applications like gov or corporate identities anchoring the identity on btc timechain might still make sense? Also curious about the dht method and if it has gained traction.