
Luke Dashjr
160.1K posts

Luke Dashjr
@LukeDashjr
Roman #Catholic, husband, father of 11 children, #Bitcoin Core developer, and CTO @OCEAN_mining; INTP; I condemn fake "Catholics", cryptobros & pedos; see link







Why I think many who are less optimistic about BIP110 than I am are mistaken - The "Economic Node" concept. This emerged as a way to dismiss obviously frivolous nodes that get spun up in an effort to astroturf forks within Bitcoin. Very quickly during the fork wars people realized - "Hey, these nodes might not actually represent any real activity within the Bitcoin ecosystem, they're just there to warp the stats on node tracking websites and make something look like it has more support/opposition than it does." I will point out that that is *not* what has happened with BIP110/Knots in general - those are real people which @start9labs can attest to, having sold millions of dollars worth of servers to people over the last couple of years who overwhelmingly bought them in order to run Knots. That is not fake and is corroborated through various imperfect heuristics. However the point I want to make is that the most intimidating of economic nodes - i.e the ones run by mining behemoths like Antpool or exchanges like Coinbase - are not where anyone should look when attempting to gauge support for a soft fork - especially a controversial one. (At least not until very late in the day.) These nodes obviously represent a huge on-chain footprint, but conversely, they are run by companies who will be the last to take a stand on anything controversial as it has the potential to create drama for them over a decision that isn't theirs to make anyway. However the lesser economic nodes aren't concerned with that. They don't have legal/PR depts or shareholders who need to sign off on these things (or who will sue them if they do something "reckless". They can just adopt a new client if they think it's good for Bitcoin. When Bitcoin is in crisis mode with difficult decisions to make, the institutions are going to be the last to choose a direction and that is a *good* thing. Ideally soft forks to start as grassroots movements, and while the nodes indicating support for them may not be run by billion dollar mining empires/exchanges, as long as they represent real Bitcoiners, the change will be coming from the correct place - from those least likely to be under duress unlike large industry players who necessarily always would be.

Removing rules is a hardfork. That includes scheduled rules like subsidy halvings, and yes, even BIP110. Rejecting BIP110 is a contentious hardfork attempt. And unlike softforks, hardforks need consensus to succeed. There is no consensus on rejecting BIP110.


@w_s_bitcoin @bamskki And it would instantly prove what a centralized movement it is! If one guy can just update a piece of code and everyone follows! What's Next? A PoW change to PoS?

🚨 JUST IN: this image was mined into block 938576 without OP_RETURN, showing Knots filtering does not prevent it. The transaction was included via MARA Slipstream. It was created by bitcoin developer Martin Habovstiak, who published a detailed research paper explaining exactly what he did and how anyone can verify it. RESEARCH TLDR 👇 His goal was to test if stricter filtering rules can actually stop arbitrary data from being embedded on-chain. Full research: KnotsLies(dot)com 🔗below WHAT THIS TRANSACTION SHOWS: • The image is stored contiguously inside a single transaction • No OP_RETURN was used • No Taproot was used • Consensus rules were followed • The transaction can be independently verified by anyone running a node His core argument: • Limiting OP_RETURN does not stop arbitrary data storage • Policy filters shift the data rather than remove the capability • If one encoding path is restricted, another can be engineered • Workarounds are practical, not theoretical SPAM OR WHACK-A-MOLE? I’m not a technical expert. But the more I read about all this, the more it feels like a whack-a-mole game. You close one door, someone finds another. I don’t like spam. I don’t like images embedded on-chain. But it doesn’t seem like there’s an effective way to fully stop it. What are your thoughts? - Full research: KnotsLies(dot)com 🔗below

ATTENTION. IN ONE MONTH, THE BITCOIN NETWORK WILL START REJECTING BLOCKS THAT DO NOT SIGNAL READINESS FOR BIP-110, A SOFTFORK TO REJECT THE ARBITRARY DATA STORAGE USE CASE, THEREBY REAFFIRMING THAT BITCOIN IS MONEY. (1/)







@soapminer1 @TheSurvivalPodc @bendthekne3 Start9's company node, the one we use to sell servers and pay out employees, is Knots/BIP-110. StartOS itself is completely and irrevocably neutral by design. We don't and wouldn't want to restrict anything


Roger Ver disliked Adam Back and Blockstream Bip 110 people are sounding alot like BCashers







@matteopelleg Unfortunately, what's done is done and there is no going back. The only thing Core can do at this point is merge 110.






