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12 sats \ 4 replies \ @k00b 13 Jul \ on: I'm Luke de Wolf, Author of Defending Bitcoin, AMA security bitcoin AMA

What's something you believe about bitcoin that few bitcoiners agree with you on?

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129 sats \ 3 replies \ @lukedewolf OP 13 Jul

I think my anti-spam reasoning is fairly unique. It's an attack on the availability of the system. In cybersecurity, we largely protect Confidentiality, Integrity, and Availability. DDoS is a form of availability attack. I see spam as a DDoS, and the effect on monetary transactions is the biggest issue with non-monetary transactions.

I find UTXO bloat and especially storage concerns to be largely overblown, and less important than the fee competition.

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12 sats \ 1 reply \ @UppercaseDANIEL 13 Jul
mkdir(dir:"CIA")
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12 sats \ 0 replies \ @lukedewolf OP 13 Jul

Coincidence ;)

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12 sats \ 0 replies \ @Murch 13 Jul

If your main concern is that data embedding increases competition for blockspace, how do you square that with feerates being under 3 s/vB for the last two years, under 1 s/vB for the last year?

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