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0 sats \ 0 replies \ @machuPikacchu 10 Sep \ on: Bridging quantum mechanics and cosmology: generalized uncertainty principle science
If we look in nature we find that outside of equations nothing is constant/static. I've always found it dubious that our physical models have these constants. Space is expanding, entropy increasing, etc and not uniformly which to me implies that these constants might depend on where/when the observer measures albeit they might change so slowly that we'll never observe that.
Don't trust Bitdeer.
Their CEO, Jihan Wu [1], is the cofounder and Chairman of Bitmain which already has a monopoly on ASICs and through Antpool, F2Pool and others controls the block template for roughly 50% or more of the global hashrate [2].
Bitdeer is just a way for him to obfuscate his already concerning influence on the bitcoin ecosystem. The fact he put out this press release about "transparency" should raise alarms for all of us.
Digital asset means any digital representation of value ... that is built as part of a system that to leverages or replace blockchain or distributed ledger technology or their derivatives.
I'm not a lawyer but that's an extremely broad definition that could encompass ALL online financial instruments and rails including the Visa network and CBDCs. If the ledger (database) isn't completely isolated to a single machine then it's distributed...
This effectively gives the president the power to cut off ANYONE from online banking. How can that possibly go wrong?
Suppose we increase the blocksize "so that we can onboard 1 billion more people." Ok, but then instead of onboarding more people we may just have the existing users increase their transactions by 10x. Then what? Fees would have to compensate and you again crowd out the newcomers.
Changing the blocksize ultimately doesn't improve anything and in fact can weaken the network. Unless we can prove that something necessary can't be done without changes we shouldn't prematurely change things.
Market the backup as "a new way to backup Bitcoin" if you must, but for fuck's sake don't mention ecash in the UI.
Given there's no unilateral exit and the ecash is strictly an IOU redeemable for bitcoin I think it's fair to not label it as sats.
In the future when several popular mints rug their users newcomers will think bitcoin is unsafe to use because their wallets are drained. Having an explicit distinction can be useful to mitigate that perception risk.
Maybe a better term would be "bitcash" so it's clear it's not a digital dollar or euro or peso but it's also not the true, trust-minimized bitcoin.
This is normal and expected. Finding a block is based on probability so it's natural to have two pools mine competing chain tips. The network goes along with whichever chain has the most proof of work.
If you're a miner and you see the network has already accepted another block it's best for you to start mining on top of that one and move on.
Alternatively, in this example, Foundry could've kept mining on their found block and hope they get the next block before Antpool gets theirs. This is risky though because if they don't then they're falling behind and wasting time and energy. Unless they're desperately trying to undo a transaction it's more economical to just move on.
What is your opinion of the silent payment proposal [1] (BIP 352)? Suppose that becomes the default/preferred method of receiving bitcoin. Can that alleviate some of the concerns around exchanges tracking where the sats flow?
It's (almost?) all cars made in the last 10 years honestly. They often come with satellite receivers and allow for over-the-air updates to their software. They all allow for remote connection of one form or another and typically have far less-than-ideal security to support it. Here's one article about how the manufacturers are selling your data [1].
- https://archive.is/0wqhh - (NYT) "Automakers Are Sharing Consumers’ Driving Behavior With Insurance Companies"
ETH is trash, but its status as a security is kind of irrelevant. Apple stock is a security and people invest in it no problem. At the end of the day the Ethereum foundation is just a company and their product is overpriced, relatively low utility compute credits.
One way to keep CPI down is to give people more speculative assets to park their excess fiat. It might be less of an attack on bitcoin and more of a short term survival tactic for fiat currency.
I wonder if it's possible to use a device to obfuscate the motion of objects without interfering with normal internet traffic. For example, introduce a stronger and randomized signal or even an adversarial one that makes it look like you're doing something else or that you're home even when you're not. I don't want strangers roaming around in a van looking for empty houses to break into just by using the Wi-Fi.
At this point everyone might as well have their own OnlyFans so we can at least get paid when people watch us.
Perhaps it is my naivete speaking, but I am hopeful that we will come up with tech solutions that level the playing field between the state and ourselves.
Alternatively we should use less tech in general or at least quit putting microphones and cameras on our tea kettles and toasters.
There's something calming about reducing the amount of tech in your day-to-day life and if more people tried it then perhaps we could change the culture to be less accepting of invasive surveillance devices.
Were they served papers by some federal agency or are they doing this on their own?
I could see the US (where they're HQ'd according to Crunchbase) government scrutinizing these platforms more after the recent news of a Chinese bitcoin mining facility right next to a military base. Can't fault Luxor for complying under threat of losing their business in that case.
Regardless, it's time for US miners to spread out. No more relying on these central hubs. We need more pleb miners and adoption of stratum v2. We need other energy rich countries like Venezuela to start mining more so we're not dependent on 2 countries for 95% of the hashrate.
To be fair, they included the bitcoin whitepaper in macOS by default. You can see it by opening your terminal and running:
open /System/Library/Image\ Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdfI wouldn't be surprised either way, but I could see them making a bitcoin-only wallet too. That being said: I wouldn't use their wallet.