@w_s_bitcoin @loshan1212 @simulx4 also the privacy benefits are not great as you can assume attackers would record the broadcasts. you have to keep the kernels for all spends (a 32byte EC point) you just consolidate range proofs.
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Adam Back
67.9K posts
Adam Back
@adam3us
cypherpunk, cryptographer, privacy/ecash, inventor hashcash (Bitcoin mining) PhD Comp Sci. Co-Founder/CEO https://t.co/CysB3cs7Pp & Co-Founder/CEO @bstrco
Malta 🇲🇹 Katılım Kasım 2010
1.6K Takip Edilen797.9K Takipçiler
@w_s_bitcoin @loshan1212 @simulx4 i think you could cut-through to older input transactions, if you could get the enveloping tree of input's owners to collaborate as reproving is interactive. MW is an alternate use of the range proofs in Confidential Transactions.
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Adam Back retweetledi
@alpacasw @ReidTymcio @Finiteenergy21 and then initial 50 btc/block, halving each halving period to 25/btc, 12.5/btc etc which sums at the limit to 21mil which is 100 x blocks in halving period (210,000).
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@alpacasw @ReidTymcio @Finiteenergy21 looks like Satoshi was into numerology: close in base 2, imperial, and calendar. a gross (dozen dozen) blocks per day, difficulty adjust 2 weeks, close to 2,048 blocks, halving 210,000 blocks close to 4 years, and 21mil x 100 bitcents just smaller than 2^31 (signed integer).
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Interesting easter egg from Satoshi:
Bitcoin’s mining difficulty adjusts every 2,016 blocks.
What is that in reverse?
6102.
Satoshi decided that based on April 5, 1933: The day President Roosevelt signed Executive Order 6102, which prohibited the private ownership of gold in the U.S.
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Adam Back retweetledi
@vector2alpha @BitMEXResearch @brian_trollz It's over transparent as it is. The contracts are no strings. Have a look at the transparent information that @bitcoinbrink provided. I bet you won't even have the energy to read it all, it's that comprehensive
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@BitMEXResearch @adam3us @brian_trollz Anonymous donors sending bitcoin are ok, but if there is a private or public company supporting developers, that's different, and I would like to know who's behind. I think it's so much common sense in that request.
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This is literal mental illness.
1) all code and code changes are public
2) all discussions around that on Github are public
3) IRC meetings are public, and logged
4) numerous things like Optech exists, publicly summarizing things.
WTF alternate reality do you live in?
BITCOIN - Decentralized & P2P@Cipherhoodlum
@brian_trollz More transparency is needed!
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Adam Back retweetledi
Hash-based Signature Schemes for Bitcoin by @kudinov_mikhail and @n1ckler from @blksresearch
Highly recommended material about hash based PQ signature schemes!
eprint.iacr.org/2025/2203.pdf
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@BitMEXResearch @vector2alpha @brian_trollz those are both good things, we need more of.
some people are just establishment, authoritarian, hierarchical thinkers and probably don't even like that bitcoin is decentralized, permissionless and censorship resistant. anyway "bitcoin doesn't care" so they can grandstand away...
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@vector2alpha @adam3us @brian_trollz Do you support pseudonymous developers like Satoshi?
Do you support anonymous donors using Bitcoin?
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Adam Back retweetledi
@brian_trollz The funding organisations are also very transparent. E.g. publishing a list of grantees on their websites and being relatively transparent about their funding sources
* Chaincode
* Brink
* HRF
* Spiral
* Opensats
* Localhost Research
* Maelstrom
* 2140
* BTrust
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@lukedewolf @BTCBreadMan And you took the scope there keyword "anywhere"
> Did I say that anyone "should" do anything anywhere?
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@lukedewolf @BTCBreadMan I'm talking about what you have said, not what you have said in this thread. Unless you adapted your understanding, I figure that is relevant.
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Bitcoin’s core innovation is neutrality.
When you start filtering out “unacceptable” transactions, you introduce governance risk into a previously neutral system.
This increases the odds of capture.
Objective technical limits are good.
Arbitrary/subjective filtering is bad.
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@lukedewolf @BTCBreadMan > Did I say that anyone "should" do anything anywhere?
Yes you say that often enough.. advocating to filter, even though you have to know that won't work.
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Adam Back@adam3us
@lukedewolf @BTCBreadMan Ofc no one can, nor would want to, prevent users from running what ever node or nobbled mempool they want. But unless miners close ranks to block recognizable non-stego/non commit-reveal spam, it's symbolic nonsense that just gimps your node. And makes counter-productive drama.
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Adam Back retweetledi
@lukedewolf @BTCBreadMan You do a lot of prevaricating about "doing something" though, even if it does nothing (actually directionally makes things worse for nodes and censorship resistance).
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@adam3us @BTCBreadMan I'm not misleading anyone about anything by saying you're free to make choices on your own node or with blocks you mine.
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@coinjoined @bitcoin_bugle @rodpalmerhodl Shinobi's favorite word, peppered through remarks out of frustration at lack of understanding is ...
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Adam Back retweetledi
Round 2 has concluded. Sweet 16 starts Monday!
There can only be one champion. Who will it be?
Bugle.News 📯@bitcoin_bugle
🚨 IT’S GO TIME 🚨 The Second Round of #MaxiMadness🏀 Polls 🧵 in the replies below 👇
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Adam Back retweetledi
@Blockstream How it works and all you need to know in our new blog post👇🏻
getbittr.com/blog/dca-utxo-…
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