BytesOfMan

gap that will not persist: - quality of crypto tech and tools - rarity of crypto integration Most web development still doesn't include cash wtf is the point

If that's not a sign of local top, I don't know what is.

@LWIRED @__H0LL0W @SDude13446 In crypto, for the most part, it's safe to assume any given project does no engineering. Even in the top 30 this is true for most. Not the case at ABC. Dev keeps accelerating through the poor price environment. Assumption now: what we've built is impossible.

@__H0LL0W @SDude13446 Are you trolling? ABC is among the most active teams in the field, as you ought to know. Pumping a meme with a few degens is quite easy; nothing to be proud of. Solving the crypto trilemma, however, is a real achievement. Do go back to basics.

These clowns are not ready to go war with the trenches Watch your project get flipped by a meme coin

You are delusional, Paul. The reason your project is getting views is that you designed it to be as annoying and harmful as possible for as many innocent bystanders as possible. So yeah, you'll get some tx volume for a couple month, until everyone dumped their Sztorc coins.

@bmawjy @eCash oic they aren't android. will check it out but probably iOS first

@bmawjy @eCash Should be available on all android devices, what are you seeing?

🎉

@francispouliot_ securing money in the future will increasingly look like securing money in the past

Everyone working in Bitcoin must go from paranoid to tinfoil level schizo ultra paranoid.

in crypto, so much money is going into re-engineering legacy finance with extra complexity still value here because legacy finance has both competence and regulatory capture problems weird spot where crypto tech overhead is "worth it" for unrelated benefits

@pitdesi crypto makes cash digital and eliminates third parties this is the only justification for its technical overhead costs nothing to hand someone $1 or send them an email businesses that haven't figured this out are justifying their existence instead of solving the problem

How can stablecoins reduce remittance fees to zero? makes no sense to me whatsoever. The bulk of remittances $ is migrant workers sending money to family, from US->Mexico, US->India, Gulf->India Stablecoins can make the money-movement leg much cheaper/near-zero but that isn't the bulk of the cost! You still need cash-out, FX, compliance/KYC, fraud controls, customer support, and distribution. When I send money to my cousin in a village in India, there is nothing he can do with USDC. He needs to get the money out into INR and that last mile is where most of the cost lies. Stablecoins can make remittances much cheaper but nowhere near zero.

@Truthcoin The BTC community is academic and introspective In the 2017 blocksize wars, they "learned" this as good behavior Almost a decade later the problems are more obvious, and the solution is ... competing visions of academic introspection ¯\_(ツ)_/¯

BREAKING: New Bitcoin Fork I am helping create a **new Bitcoin Hardfork** -- dropping this August, called "eCash". - Your coins will split. For example, if you have 4.19 BTC, then you will get 4.19 eCash. - You may sell your eCash -- or keep it. Or ignore it! Vegas: - Yes, I will be in Vegas next week. - No, I won't mention this, on stage -- (that would be rude). Our L1 Node... - is a near-copy of Bitcoin Core. - is Sha256d mined. - forks via a one-time difficulty-reset -- to its minimum value. (So, mining will be crazy at first.) - Yes, we will change the seed nodes, the name, the network magic, etc. Codewise, the L1 will remain compatible with Bitcoin Core: - We will continue to merge their changes (even the bad ones). - The L1 will activate Bip300/301 via CUSF -- the core untouched soft fork. So, no lines of code will be changed, on the L1. - The activation client will be published periodically (link below). - We will do several bug bounty contests this summer. - The client will be frozen 30 days prior to the fork. Yes, there will be Drivechains: - We have 7 in developement right now. - Users can also submit their own. - Drivechain is a vision of "competing L2s" -- this avoids the "dev capture" problem. - These L2s are all Merged Mined. Miners automatically get free $. - Our L2s are already capable of planetary scale, and onboarding 8 billion users. - We also have a zCash-like L2, with strong privacy. - Other L2s: Truthcoin (Prediction Markets), CoinShift (Decentralized Exchange), BitAssets (NFT etc), BitNames (Identity), Photon (Quantum Resistant). Unlike BCH (the 2017 fork): - There is no "Bitcoin" in the name. New name, new brand. - You are getting advanced warning (4 months). - We are replaying all txns (at first). We will release a coin-splitter tool. - This is a permanent & sustainable fix to Bitcoin's problems (instead of a 1 MB to 8 MB temporary fix). - Back in 2017, the BTC tech stack was strong, and expectations for Lightning were strong. Today, it is the reverse. Video to follow.

@Austen battletoads speeder bikes tho

I haven’t played that game in a very long time and I’m 100% certain I could beat that level right now. Seared into my brain and muscle memory forever.

@vinisilveira016 @CashtabWallet reviews.bitcoinabc.org/D19826

I just want to report a little UI issue on @CashtabWallet that is easy to fix. Not a major thing but the sending amount (at the bottom) is partially covered by the send button. My phone is a Galaxy S25 6.2" for reference.

@mkobach bring at least one kid now it's a favor again, and a bigger one

Married before kids = offering to pick up food or run errands is a favor Married after kids = offering to pick up food or run errands is selfish

This is potentially true But it's also why we won't learn the answer from any journalist

Main takeaway from the Adam Back NYT fumble is that no one making these cases today was paying attention at any point from 2008-2015 New generation, new baseline The culture tho has been quite static, especially for BTC

crypto has mostly reinvented banks from first principles

@vibhu Much crypto innovation in the last five years has been regulatory-driven competence arbitrage Getting less friction by rebuilding what already exists with smaller teams, accepting crypto trade-offs without crypto benefits

I remember when Stripe was the ultimate financial disruptor. The “add payments with one line of code” was ingenious product marketing that legitimately changed the industry. In my YC batch in S11, the Collisons came by and captivated us with their extensive knowledge on literally everything. Today, they entered the crypto space as an incumbent corporation, with another centralized and mostly undifferentiated blockchain marketed for crypto’s most basic use case. I take no pleasure in saying this, but: Welcome, IBM.

same reason UTXO DeFi was abandoned on BTC

unfortunately nobody is actually using UTXO chains for interesting things, so older features, even powerful ones, are ignored for EVMs narrative has evolved toward something like "using is bad"

Lots of "ghost" behavior even on dominant chains like $BTC for example, nLocktime is basically never used it could support enforced hold periods by freezing coins until a certain date ... enhancing the standard narrative use case

quality of most services is way down but you can get to-go margaritas at the airport now bad money has its perqs