Tried to share a tweet and failed - my intrepretation of the tweet is that bitcoin is like the germanic people in roman times. The romans had no idea what was coming for them

Agreed.

Running a node could be expensive in the future as the utxo set grows and if technological developments don't continue to reduce storage costs at the same rate. I think slowing the utxo set growth and creating a healthy fee market earlier to protect the network are strong arguments.

My impression is the current blocksize was set in a pretty arbitrary manner - maybe even haphazard. Spam will continue to inflate the utxo set until pictures of cats are priced out by fees. I'd prefer to hit that point sooner rather than later.

Anyway, it's probably not the worst problem bitcoin has. The fungibility issue seems worse to me.

Some miners were proposing to increase the block size previously... It seems to me an effort to reduce block size might be met differently.

I know nothing about building consensus, but maybe a miner-led effort is possible. They have a financial incentive and I presume a big megaphone.

Reduce the block size and you'll never be sad again

There isnt any reason the two cannot be interoperable with stuff like mostr. In fact, for ultimate robustness, I hope we end up with a load of different protocols bridged together

I would approach it in the opposite direction: find out what you want to do first.

I think people don't like that answer, but you can spend time researching, seeing what's out there and what problems exist. I'd say it's time well spent.

Selecting the language and tooling is much easier if you already have an idea or project that inspires you. If it's an existing project, then it'll be as simple as learning whatever that project uses.

I suspect lots of people learned C++ because they wanted to contribute bitcoin core, C because they wanted to contribute to lightning, C# for btcpay server, etc.

Bitcoin could be used by elites only with plebs having no access.

If they managed to permanently censor a transaction or reverse a particular controversial transaction - large theft or something.

It seems to me that Bitcoin is going to incentivise so many services like this that legacy finance didn't work for. Just a matter of time.

I think you're right: he's no worse than any other politicians.

To talk in generalities, I think people on "the left" don't appreciate how biased they are against Trump due to the mainstream media bias against him.

I think people on "the right" don't appreciate that Trump doesn't necessarily have the masses interests at heart. He just supports different powerful interests than the establishment.

El Salvador were in a desperate situation and took extreme actions to clean it up. I am normally on the side of its more important to maintain the freedom of the innocent than jail the guilty, but they provide an example that when things are that bad, for the good of the masses, jailing a few innocents may be justifiable.

Also find his emphasis on God interesting - felt very "one nation under God". Such ideas can unite a country - are necessary for a cohesive society.

After watching the interview, I read a little about Bukele. Seems he started out advertising for political parties, which makes his success more understandable - not to take away from the difficult decisions he's made.

I don't trust politicians, but what Bukele has done does seem remarkable. Will be interested in what happens when his presidency ends. Wouldn't be surprised if it unravels as quickly as it improved. Although apparently crime was dropping before Bukele came to power, so maybe he isn't solely responsible for El Salvador's improvements

Nier Automata too

Maybe Vagrant Story? Game mechanics are a bit of a mess though...

I feel like liquid was implemented far ahead of its time. When bitcoin starts to have consistently high fees is when liquid will start to see more serious adoption and its value will become more obvious, imo.

Boltz shows how useful it will be. I imagine with high fees many people will progress from lightning -> liquid -> bitcoin as they stack sats

Video of the chat: https://www.youtube.com/watch?v=cPvRIWXNgaM

I think my ambition might be ahead of my ability. 😅

Right now I am revisiting the feelings of confusion I had in my high school math class.

If another question arises, I'll be back. 🙂

I had an idea which it turns out was completely unworkable due to encryption weirdness, so now I'm reading some applied cryptography book and having to revisit how to solve linear equations...

So generally enjoying going further down the rabbit hole.

Not saying Ocean are right to leave money on the table, but apparently most miners attached to big pools won't see a big jump in earnings. My understanding is the pools themselves are likely to keep the lion share of the high fees.

Ocean pay miners based off the fees they actually take in. Their argument is even with them not processing certain transactions, and so earning less fees, actual miners still earn more than they would if mining with a larger pool.

Cheers. Honestly was just looking for an answer, didn't know where to post my question, so tried here. 🙂