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12 sats \ 0 replies \ @tosky 11 Jan 2023 \ on: Guess Tomorrow's US CPI Inflation Number bitcoin
6.9% 11.1% Energy CPI print
I am following it and supporting the research of it - currently I do not fancy running it bcs of the above trade offs
what is not an attack on bitcoin? honest miners, historical nodes, prudent and conservative deelopment?
Well, and here we differ. I see drivechains as the most complicated soft fork proposal compared to Eltoo and SIGHASH_ANYPREVOUT or x-input sigaggreg whilst its impact is hard to measure. I dont need digital AirMiles and shitcoins impacting game theory of Bitcoin layer - its already challenging with LN and other proposals. We are just fine
it is one of the reasons but not the only for efficacy. building cj improvements is a WIP - one day we will reach a solid outcome
they are rekt - doubt anyone gives them financing.
also what are BTC equivalents? claims on FTX balance sheet? lol
100% - but I consider lndG being quite decent at fee estimation and there are some other products now trying to automate channel opens or loop out. such a pickle
- if it also benefits the network as a whole, then the time is worth it
- dont expect to yield a material profit but ensuring things settle without issues and I am supporting the activity across network and success for other payments, then am good with it
haha fair enough - dont have the resources but would be willing to provide % from activity or recurrent payment
you are reading my mind sir - was aware it is not simple to construct and lot of bright minds are trying to address. suppose some are already running a system capable of performing these things in a closed source environments. just wanted to give a heads up that it would be something worth paying subscription for if it can ensure that very little payments fail and liquidity is moving whilst the overall network benefits from this application
Thanks for the heads up, Darth. Really enjoyed reading through your experiments but I am unsure if it addresses the software request I am hoping to see.
Product that ensures certain stability of your channels, capacity to always succeed in payments and even some routing fees for operation. Reckon I am asking for something that is used by handful of folks in closed source fashion but having it as a product and paying for it a small sats fee would be amazing.
fair enough! thanks for the link then :))
does not change a fact you might provide your thoughts on additional ways to validate information or out of context methods to ensure semi custodial models
Thanks James, solid description. Am wondering if there is some form of a new revolutionary way for these users who already entrusted custody to third party outside of collaborative custody to address these challenges.
As you said, we again relay on accounting/auditing firms to prove that their funds exist. Reckon the Wyoming bank charter ensuring no rehypothecation is a step forward as well in traditional world.
What about some form of zero knowledge proofs?
do we know better how will it work with citizenship? can you buy the bond over time to reach the necessary sum before the 5th year period expires? or its too early to call this info out?