idBrain

This is a simple proposal for better 0-conf transactions. @idBrain/mad-transactions-mutual-assured-destruction-transactions-c04f7b5a2fa7" target="_blank" rel="nofollow noopener">medium.com/@idBrain/mad-t…

@Pledditor @IOHK_Charles I'm kidding. No one is waiting. Everyone knows that Bitcoin will never improve.

@Pledditor @IOHK_Charles > he was for adding privacy to THE BITCOIN PROTOCL via Zerocoin

Imagine being so deep in a cult that you call a proof of work, no premine, privacy coin a shitcoin and then have absolutely no clue that Hal wanted it to exist back in 1993 when he wrote: “Cryptography can make possible a world in which people have control over information about themselves, not because government has granted them that control, but because only they possess the cryptographic keys to reveal that information.. ..The goal of electronic cash is to allow these same kinds of private transactions to take place electronically" From Protecting Privacy with Electronic Cash Zoko remembers because he's a real cypherpunk that grew up with Hal, Adam and the rest. The Bitcoin Maxi cargo cult doesn't. They bought an orange coin because Mike told them it will make them rich.

@the_ecash Totally. The decel ideology took over Bitcoin completely, and all these posts look a lot like fedposting.

@DiudeEl This is a perfect summary of the Bitcoin maximalist mindset that has governed it since ~2017. It's also this kind of mental illness that creates people like the Knots guys. But the people against the Knots camp are pretty much the same.

I almost couldn't read the post for how much it glows in the dark.

Decels are the cancer that plagues the Bitcoin culture.

Alea jacta est.

@brian_trollz Fighting the market forces one twit at a time.

I'm skeptical that this leads to more decentralization, as opposed to more centralization pressures in the longer term, but I guess we're gonna find out if I'm right together.

All these places where Polymarket is blocked will be able to start using Truthcoin on eCash as soon as it launches. #blocked-countries" target="_blank" rel="nofollow noopener">docs.polymarket.com/api-reference/…

Like the word racist, the overuse of shitcoin has made it lose its meaning.

@brian_trollz @chibitdevs

A very non-technical @chibitdevs attendee today: "I learned that drivechains are a shitcoin today." Tonight was a good bitdevs.

The future doesn't look bright for Bitcoin.

@nft_tor @Truthcoin "white male" "news flash" Are you a bot?

@DiudeEl @Truthcoin yeah a lot of what if's if you're a white male and have nothing better to do than discuss bunker scenarios. Well news flash, BTC would likely be at 0 if that scenario is possible. Dumb fuck conversations.

@nft_tor @Truthcoin Do you understand hypotheticals?

@Truthcoin These dumb fucks talking about bunker scenarios. Retards

@yosiBTC @Truthcoin I hope so.

@Truthcoin BTC will never have 300/1

The more I think about this, the more it fascinates me — it touches the actual nature of Bitcoin and what consensus rules really are. E.g., how do we know BlackRock hasn't already bribed miners to burn Satoshi's coins for quantum safety? We don't.

@robin_linus @nuh_dev There are no miners, only the mining process.

@nuh_dev Are there really thousands of different entities creating block templates? I wish that was true, but I doubt it.

@robin_linus Yes, yes, yes, yeeesssss. Falsifiability.

We actually don't know the exact consensus rules miners enforce — not until we witness someone try to violate them.

@the_ecash Fees = Security budget Satoshi coins = Revolution budget.

What if Satoshi left those coins as a bounty to incentivize people to hard fork Bitcoin and provide competition such that the ultimate goal of providing sound money p2p electronic cash for the world would be achieved even in the event that Bitcoin became coopted by apathy?

@giacomozucco @callebtc You say price discovery as this is a bad thing. The possibility of increasing wealth 1000 times is exactly the type of incentive that can make a coin dethrone Bitcoin.

If you need onchain finality to buy groceries without waiting seven months, you pay for faster onchain finality. If nobody in the marked does that, it means nobody needs onchain finality to buy groceries, clearly. You are right that the reason is they found a substitute good. But not to the money (which would require price discovery from scratch), to blockspace. I already never buy block space when I buy grocery with sats.

gm, hodling is not using, don't be mad

@giacomozucco @callebtc It makes no sense to believe in such an outcome. Eventually, competition will create a more secure coin that will generate more fees and will be harder to attack. A coin that you won't need to wait seven months to buy groceries. Bitcoin has to improve to survive.

Ten times less than if it was a few dollars. It means you need to wait for more confirmations to get the very same safely against such a reorg attack. If nobody wants to pay more than a few cents for faster onchain finality, that's likely because nobody needs faster inchain finality.