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100 sats \ 0 replies \ @standardcrypto 23h \ parent \ on: How zero knowledge proofs can be an attack on Bitcoin bitcoin
or the transactions are broadcasted and propagated with proofs.
"Doesn't matter which tech you use: bloom, compact filters, utreexo, or filters (any policy tbh!) You cannot securely use it if you use a protocol that needs liveness like LN, or even if you are monitoring something like a 2/3 multisig."
I think I didagree, at least for utreexo.
Why does utreexo break safety of lightning? You have the watchtower notify you if there is cheating and you broadcast the justice transaction
What is the problem?
You don't need to have an extraordinary career.
God has a purpose for you, but you don't know what it is. But if you pray humbly and patiently to know it (and for nothing else), you will (hopefully) be illuminated. YMMV.
Everybody has a purpose, but by definition only a few people will be exceptional / extraordinary. So if you are one of those people, great go to town, but if you are just a normie you still have a purpose, quiet your mind and get receptive to figure out what it is.
Don't do anything out of pride, do because something needs doing and specifically needs doing by you. "Change the world" yeah right, maybe, but you could also change it for the worse. So don't envy those who have more worldly success than you.
Find your level with selflessness and introspection and focus on the doing not the achievement or the praise. Harder than it sounds.
You are asking the right questions, so good on you.
Now get off my lawn.
🪕🪑
There really aren't any, other than what's already on that page.
For a quick start imho, best to start with the faq. Linked in the bio, but it is
I thought about linking the faq directly but I guess it's in the comments here now jeje.
"Unlike a full-service national bank charter, a national trust bank license doesn't allow a company to make loans or take in deposits, and customer accounts typically don't come with FDIC insurance.
Instead, it allows a company to safeguard customer assets, act on their behalf in payments and other transactions, and settle some of those transactions."
138 sats \ 0 replies \ @standardcrypto 11 Dec \ parent \ on: American Bitcoin Suicide - Beautyon bitcoin
Trump gets to use bitcoin, just like everyone else.
OP_RETURN doesn't bloat the utxo set as much, so it's not doing god's work.
Or, I guess to say it less provacative, it's not doing god's work as effectively.
no no no.
It's the exact opposite of what you would think with all this pearl clutching.
the utxo set should be spammed as hard as possible as fast as possible for 2 key reasons
-- secure hashrate by paying miners when demand for vanilla monetary transactions is low (less important)
-- demonstrate that utxo bloat is in practice unavoidable and force bitcoin to adapt to it asap, rather than pretending that this issue is solvable (more important)
Luke-Jr's real goal isn't filters, or killing off op_return.
He is going to force core to accept utreexo into mainline when he ninja prunes it into next release of knots.
Luke is no fool. He is used to winnng.
And he's going to win again.
#releaseTheFiles!
🫵🏼🎄✖️⭕
Bitcoin doesn't care about your politics.
This guy only cares about your politics.
It's a sort of weakly interesting take, because if democrats take back power in the midterms and/or the presidency in 2028, there will of course be a vibe shift of some kind.
But it's all noise.
Bitcoin is just a network protocol with some security budget and game theory attached.
You can like it, you can hate it. Bitcoin just does its thing and writes the next block.
This guy will come back to bitcoin when the democratic political machine decides it is ok, which could be in 2028 or 2032.
TLDR: meh.
true the zeks could tell themselves they had no choice, it was that or probably die in a gulag with someone more compliant taking their place
no such consolation working for FAANG, building the global surveillance and propaganda apparatus. so in a way it's an even more horrible fate.
The objection is that it doesn't solve any problems that bitcoin actually has.
Solving someone else's problems that wants to affinity scam using bitcoin, doesn't count.
Don't believe me? Put into words with short sentences and as few syllables as possibles, what problem CTV solves. Then go off and think about it for a minute.
We'll be waiting.