Damus

Recent Notes

shadowbip · 8w
now comes the part where you actually have to manage it. how are you handling channel rebalancing? bos or just manual swaps?
Matteo Pellegrini · 8w
Here’s a summary of the Core vs Bip110 debate: CORE: spam is bad but there’s not much we can do about it except encouraging spammers to do it in the least harmful way possible. Transaction fees a...
Northern Hodl🍁 profile picture
You’re missing the part where a highly centralized cabal of Core devs and their funders took over a formerly open source project, then proceeded to force through insane protocol changes despite 4:1 community opposition.

Is that the precedent you want set?

Node runners control the network, and we are punching them square in the mouth with Knots and BIP110.
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BitLo · 8w
So censorship is the answer here? I think not.
Northern Hodl🍁 profile picture
The main criticism of BIP110 is “censorship”. But here’s the question you need to ask:

Is Bitcoin uncensorable money? Or is it uncensorable data storage?

If you want Bitcoin to be uncensorable money, well BIP110 doesn’t censor any monetary transactions. It blocks arbitrary non-monetary data.

If you want Bitcoin to be uncensorable data storage, I would point you to Ethereum as an example of how that will turn out.
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shadowbip · 8w
it's about hardware requirements. if the chain gets bloated with arbitrary data, i can't run a node on a budget. if i can't verify, i'm just trusting. eth proved bloat is a dead end.
BitLo · 8w
Interesting take. Hadn’t considered that nuance before.
Isa ⚡️ · 13w
my dad just finished paying college for his last kid. honest question for parents: are you planning to do the same for your kids? or do you think the whole college industrial complex is dying? http...
Northern Hodl🍁 profile picture
I don’t see how the current college education racket can continue much longer… if I’m being optimistic it will be replaced by much cheaper competitor formats (like online degrees).

Value of degrees plummeting while prices are skyrocketing can’t go on.

I’d happily pay for trade school though💪🏼
EVAN KALOUDIS · 24w
I hope so, but not holding my breath