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Modus | BIP-110
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Modus | BIP-110
@MBronens
Pecunia Sola. Nostr: https://t.co/PTVShiv9F2
Katılım Ekim 2021
854 Takip Edilen451 Takipçiler
Modus | BIP-110 retweetledi
Modus | BIP-110 retweetledi
Modus | BIP-110 retweetledi
Modus | BIP-110 retweetledi

Why is it that Andy Back can never find the time to answer questions about the alleged Blockstream mining ponzi scheme? He seems to have time to discuss every other minor thing
Daniel Prince@Princey21M
Fraud Around, Find Out? #FAFO natinfosec.substack.com/p/adam-back-li…
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@AquaBitcoin So if BIP 110 became the majority chain, would that cause catastrophic outcomes for liquid and aqua users? (I understand you think it's low probability, but still.)
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AQUA uses Blockstream's Esplora backend and in the event of a chain split we will continue to accept blocks that BIP110 would consider invalid. A BIP110 minority chain would not be viable longterm as block times would be every ~33 hours and the difficulty adjustment in 7.6 years.
If you want to claim your BIP110 coins, you would have to use the AQUA seed in some other tool that may or may not exist. We cannot make any assurances about the safety of such a tool, and whether your seed will continue to be safe.
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Modus | BIP-110 retweetledi

I have been a long time admirer of @Excellion but after reading this I am going to unfollow him because of some of these wrong statements of his:
1. "I believe Bitcoin is money.
Bitcoin is also many other things."
Bitcoin is money foremost and the base for the other things he listed. Bitcoin is information because it is money. It allows to transmit the value or demand for things.
Bitcoin is property because it is money as it allows the store of value.
Bitcoin is software yes, but because it is programmed to be money.
And so on.
If you are going to say Bitcoin is such and such, never forget that Bitcoin is money foremost. That is why any non monetary use of Bitcoin must be harshly condemned, not adorned as wishy-washy feel good use of money.
2. "You Can Disagree and Still Be Allies"
This is not a "disagreement", it is a WAR. You can't be allies with the enemy who is actively bent on destroying Bitcoin by infiltrating the development of what was the de facto Bitcoin node implementation: Bitcoin Core. Core allowed Bitcoin to be used for things that is not money such as inscriptions, ordinals, and just outright spam. They are a determined enemy that refuses to back down and fix the mess they caused despite the uproar of plebs. That is clear as day and night and to ally with them is to practically surrender to this enemy.
3. "This isn't that" (2017)
It completely is that. Core is directing Bitcoin to self destruction by allowing spam and non monetary use cases. It is being attempted to be taken over by corporate and elites much like during the blocksize war. I was there too and also ran Shaolinfry's UASF. BCasher thought wrongly that Bitcoin was a medium of exchange first, but the root cause of that war was that Ver and Wu wanted to control Bitcoin and ended up trying that with their hard fork, much the same way Core is trying to overtake control Bitcoin now by insidiously weakening the role of nodes.
4. "The tactics that defined the big blockers, the coercion, the emotional appeals, the ultimatums, are the ones showing up on the BIP110 side this time."
It is the complete opposite. It is the spammers that use the emotional appeals instead of logical arguments. The most glaring of them all is Adam Back himself. Why are they like that? Because they never cared for Bitcoin as money, but only used to grift and to try to create shitcoins and collectibles such as ordinals on it for no other reason than to grift.
5. "does removing the OP_RETURN limit really change anything? No, because it can be bypassed easily. On top of that, even though they removed the limit in Core v30, you can still run Core v29."
This is an outright lie that has been debunked countless times. Before 2025 adding an large OP_RETURN had to be slipstream through a miner/pool willing to risk his reputation or a stale block. You cannot prevent this by running Core V29 because Core has back-ported this to previous versions and because once a large percentage of nodes allowing large OP_RETURNs are running the arbitrary data gets propagated more easily and slipstreaming is no longer required.
6. "The long and short of it is this: Bitcoin is information. There are endless ways to stick other information into Bitcoin transactions."
Bitcoin is information because Bitcoin is MONEY. As I said before, money allows to transmit the information of value and demand of product/services. Don't confuse this with "information" (which is really just arbitrary data) that could be put perversely forever on the blockchain.
There is a lot more bullshit to uncover from that long post from Mow, but I will stop and take a breather for now.
Samson Mow@Excellion
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Modus | BIP-110 retweetledi

@Liquid_BTC @adam3us Will all of Liquid's functionality work smoothly when BIP 110 hits in early August, regardless of the outcome of the fork?
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Users wanted privacy. Banks wanted confidentiality. Technologists thought it was cool.
@adam3us explains how Confidential transactions on Liquid satisfied all three.
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Modus | BIP-110 retweetledi

@AquaBitcoin Do I need to be concerned about how Aqua will function when BIP 110 hits in early August? Will Aqua, Liquid, peg ins, and Lightning swaps all work smoothly regardless of any possible fork outcome?
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Modus | BIP-110 retweetledi
Modus | BIP-110 retweetledi

@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
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@jbmugu @FenixAmmunition I don’t listen to Odell’s anything, sort of closed minded I guess but he’s just been too hostile to me personally for me to expend the mental energy.
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David Bailey calling BIP110 “the most incoherent, unpopular, intellectually and morally bankrupt soft fork proposal in Bitcoin history”…
Meanwhile his $NAKA stock is down 99.8% from ATH.
CEO of Nakamoto Inc. has spoken.
#Bitcoin #BIP110 #BitcoinKnots

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