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2 sats \ 0 replies \ @richnost 15 Dec 2023 \ parent \ on: Worse than ordinals - Signing Bare MULTISIG input bitcoin
Economic incentive? You can convince data-hoarding OCD morons that the UTXO set is more "permanent" than any witness data that can get pruned.
If you want to configure your node to stop the propagation of these transactions to other nodes, set this to
0
:The SeedSigner verification steps are pretty boilerplate.
Basically you need 4 pieces of information
- The file that you are verifying
- The hash of the file
- The sigature against the hash
- The software publisher's PGP Public Key
Usually the signature and hash(es) will be in a standard format that allows you to boil verification down to teo steps
- Import the public to your keychain
- Run the
verify
gpg subcommand
If miners can steal, why would they bother with lightning, when they can hard fork into any consensus ruleset that works to their advantage?
Programming Bitcoin is probably the best code exercise book for learning the fundamental math, cryptography, and data structures underpinning bitcoin.
I kind of got the sense that there was some crybullying going on here. Thanks for sharing the reddit link.
Claims of harasent at the hands of the Calyx team have been a pretty common fixture of this developer's social media presence.
Does anyone know if these claims have merit?
If it is true that bitcoin's social layer ranges from conservative to batshit heroin-in-vending-machines libertarian, it is a forgone conclusion that the majority of people enriched by bitcoin are your new free market extremist overlords. Hand-wringing about what the masses will do with the remaining two million is sort of silly, innit?
The bug and the fix was real. It addressed a scenario where the emission rate would reset back to 50 cyclically after 64 halvings. The BIP was an April Fool's Day joke that ascribed certain goofy ideas to Satoshi that are not corroborated by anything he ever said.
20 sats \ 0 replies \ @richnost 5 Apr 2023 \ parent \ on: A stupid question which I may regret bitcoin
You may have noticed that a channel is often visually represented as a bar with two colors to represent how many sats you can receive and how many you can send. The act of receiving a payment is the movement of sats from the receive side to the send side.
The sending lightning node will calculate a route over the lightning network to your receiving node. A route consists of hops from one channel to the next until it terminates at one of your 15 channels. So, where the sats "go" is one of your 15 channels. The route will ensure that there are enough sats on your channel's opposite side, so the final step to receiving a payment is moving the sats from your peer's side of the channel to your side.
There are, and the only one that I ever found was CoinFlip, which still required a phone number and KYC above like $900.
Very few of them are even anonymous. I have no idea why the premiums at these machines are so eggregious. Assuming they bear the regular maintenance cost of a vending machine, one might expect a reasonable 3-5%, but most of the ones I have seen gouge you for a 10-13% premium above spot.
IMO, VPN's simply add a 3rd party that PURPORTS to be in opposition to government surveillance. In reality, your browser cookies and fingerprint are still blabbing on you and you have NO IDEA whether or not your VPN is doing the same.
Most of that garbage comes from the trad chad social media industrial complex -- if you trace the social graph upwards, you'll eventually reach a hub influencer who is reselling some diet/workout PDF or trying to land paid tweet sponsorships for coffee target marketed at aspiring school shooters. If those guys were so happy with their lives, they wouldn't need to log onto a social media app and shout into the void at stereotypes.
The algorithm makes people worse, and that includes bitcoiners.