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stacking since: #74100longest cowboy streak: 233
40 sats \ 0 replies \ @Scoresby 2h \ parent \ on: Bounty: Make this Stacker News Ad Awesome Design
Could also read:
No bans, just zaps
No likes, just zaps
No spam, just zaps
I was waiting for someone to mention how valuable making a lot of comments could be in the context of the bet...
I had trouble figuring out how to list it. My understanding was that when zkSnacks ran the coordinator, some of the coinjoin fee revenue supported development.
I wanted to list coinjoin fees as a revenue model because it held so much promise for a while.
I probably should have asterisked it and made a footnote to distinguish Wasabi's current revenue from the past. Thanks for the correction.
BitDNS was talked about in 2010.
Not sure if it counts as a shitcoin though.
Basically, the system is a copy of bitcoin where miners generate 50 new name mappings of their choosing whenever they win a block. The name mappings change hands in a way similar
I thought BitDNS turned into Namecoin, but then I found this post from Jan 2011 talking about how "Domainchain" was dead because:
From what I can tell, the proposal located on domainchain: (see http://domainchain.org/wiki/doku.php?id=start#proposal ) goes against Satoshi's wishes to keep the bitcoin blockchain unencumbered and ties domain assignments directly to bitcoin. Many community members have stated that this is impractical and will leave bitcoin if attempts continue to include domainchain into bitcoin directly. Satoshi asked that a new tree be created with a separate currency that floats its value according to demand with the bitcoin service.
I don't think Name coin was the first shitcoin.
I listed it as device sales (envoy from foundation and bitkey). I listed Blockstream as the revenue model for Green Wallet, because they do more than just produce Jade.
I didn't list Trezor or Ledger because they aren't bitcoin only. I think the shitcoiners have access to a lot of revenue models bitcoiners don't.
"Conan, what is best in life?" "To crush your enemies, drive them before you, and to hear the lamentations of their women."
The lightning wallets seem to have an easier time with revenue because they ate often providing liquidity and/or uptime. On chain wallets haven't got these sources of revenue.
It's true. And this is more or less how Bitcoin Core works.
Core's wallet still makes you create multisig on the command line...
I'm curious myself. I felt like there was a time when you could do in-app bitcoin purchases, but it doesn't seem to be there anymore (although, maybe that's just cause I'm based in the states).
Agreed. It's pretty incredible that Bitcoin has managed to pull this off.
I went back and forth on that clause for a while but decided to leave it in because I'm not convinced Bitcoin will forever hold that line.
This is my feeling with freemium/subscription stuff. It really irritates me. I just want to use the features I want, without anyone changing them around.