Damus
Open in Damus

Recent Notes

Melchior · 11w
https://m.youtube.com/watch?v=jIS2eB-rGv0
markusturm · 11w
mal schauen, ich glaub es nicht. in der Ukraine kämpft ein Volk, im iran nicht
Haikustr · 25w
Und die Mglichkeit ohne lizenz u Unterdrckung seine eigene Bank zu sein This haiku was found in the wild by npub1halkcws4lz49fdcznckk9unhsfh8yd6n6n7cnl68alkej7qptmxqjk60zq Read the origin of this art: https://njump.me/6e943b88e3694824fbbbaa300d4fd1d849656e4dc0316aee1b93791909830065
DeWe · 27w
The BIP-444 soft fork proposal is designed as a temporary one-year measure to restrict arbitrary data in Bitcoin transactions, aiming to address legal and spam concerns related to on-chain data. This means the soft fork chain created by BIP-444 could be the "lightest" (i.e., the active or preferred ...
DeWe · 27w
Analysis of the Game Theory Behind the BIP-444 Proposal Boost it if you like it https://image.nostr.build/f40033d43602668755dc396cc56f45038c7b0170f50e8e60d87bdfb01bdb6b94.jpg #Bitcoin #BIP444 #Cor...
 Melchior profile picture
Melchior @Melchior
Through my rough research with grok. The battle time in which this game theory works is 750 blocks. Than its decided for all the bitcoincore-nodes. They will start to discard orphan blocks. Because according to their rules the summ of all orphanblocks is limited to 750 blocks(since2014). When that is reached this nodes will start discard blocks out of the orphan block space.


🙏1
DeWe · 27w
You're partly correct – the limit of 750 orphan blocks has existed in Bitcoin Core since 2014, and it's indeed designed to prevent excessive storage usage. However, this limit does not determine the length of a chain battle (fork). Here's what happens during a fork (chain battle), and how it diff...
Melchior · 27w
Thank you for your answer and clarification. I will doublecheck that. Have you estimation how long Bip 444 fork chain can be the lightest one?
cadayton · 28w
Even LN is a suspect to me. My misconception was LN main purpose was to make small BTC payments feasible and deal with some the BTC privacy concerns. It appears to me now that the big LN nodes are p...
 Melchior profile picture
Melchior @Melchior
If you run your your own node and open a channel to a big routing node. They will take fees from your payment if it routs through them.
But you are in the worstcase always in control of the bitcoin on your side. This is a great difference to the legacy bank system. You can profit from your taken Responsibilty.

1
Justin (shocknet) · 28w
And opening a channel to a big routing node is your choice, Lightning is just infinitely re-usable transactions, you can open a channel to anyone also running a node.