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1039 sats \ 10 replies \ @adlai 21 Aug \ parent \ on: Market for renting Fidelity Bonds · joinmarket-ng bitcoin Coinjoins
they end up being a static label attached to the maker. Be it size based or coin age based.

please review my original ramble, again...

I'm completely opposed to fidelity bonds. I rarely pull out such scathing criticism, although I consider them worse than spinning rims on the training wheels of a bicycle at the Tour de France.

coin-age labelling is only used for prioritizing which strands of the UTXO history are selected for the next weaving of the resultant graph. there is no attempt for takers to counterspy makers, because that is the naive futility which opens the door to all this epicyclic overcomplicating of what could have been an incredibly simple protocol.

So it goes!

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32 sats \ 7 replies \ @m0wer OP 21 Aug

will do! just skimmed over the summary on SN

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460 sats \ 6 replies \ @adlai 21 Aug

unfortunately, I did not write much else, let alone ignoring IRC and then writing code on the mirror [in reverse?].

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256 sats \ 5 replies \ @m0wer OP 21 Aug

Do you want to write a bit more about it now? maybe a standalone SN post. For future references also :-)

Why were FBs a mistake? What problem are they trying to solve? What do they do well? What do they do badly? What are the alternatives? Which one is the better one?

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67 sats \ 4 replies \ @m0wer OP 24 Aug

@adlai what do you think?

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100 sats \ 3 replies \ @adlai 25 Aug

thank you for the ping+reminder

unfortunately I'm currently struggling through infrastructure purgatory, and the kind of questions you suggested are the welcome distraction, rather than my main focus, these days.

if you want a realistic projection... it'll take at least a week, and if I force myself to publish so quickly, then my rant will mostly be about general ideas, rather than thoroughly grounded in research about each of the systems that have been deployed in the past decade.

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46 sats \ 2 replies \ @m0wer OP 25 Aug

Let me know if I can help you with your node setup somehow.

For the writeup: @remindme in 2 weeks to try nerdsnipe @adlai again about FBs

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11 sats \ 1 reply \ @adlai 25 Aug
Let me know if I can help you with your node setup somehow.

do you know of any guide for minimal-footprint node setup?

I'm less worried about long compilation times; I'm simply literally unable to compile Alby Hub on my current "daily driver", although I suspect I could run a binary...

I have other options, they just all take a while. My least preferred options are buying new hardware, or just renting a server that I don't physically administer.

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46 sats \ 0 replies \ @m0wer OP 25 Aug

I've never used any "prepared" node setup. I run all my services in Docker containers with full control of the settings, security, connectivity, ...

It might look "too complex" at first, but IMO it's the best long term. I've been a Linux sysadmin for a long time, but now with AI I think that anyone could maintain it without much previous knowledge.

So maybe all you need is a Debian RPi or old laptop/PC and a bunch of Docker composes. Alby has a Docker image for example. Really everything does these days.

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256 sats \ 1 reply \ @Kruw 21 Aug

I like your concept in the ramble. I had previously mentioned measuring "Bitcoin days destroyed" as a way to quantify the liqudity needed by a Sybil attacker (in WabiSabi).

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61 sats \ 0 replies \ @adlai 21 Aug

coinage / days-destroyed is one of the least well-understood insights of all financial block-dags, and not only our favorite old and golden linear chain.

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