SpaceX.EduX

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SpaceX.EduX

SpaceX.EduX

@SpaceXEduX

Home for technical SpaceX discussion.

Launchpad #4 Katılım Ekim 2024
210 Takip Edilen230 Takipçiler
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SpaceX.EduX
SpaceX.EduX@SpaceXEduX·
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Luke de Wolf | BIP-110
Luke de Wolf | BIP-110@lukedewolf·
This is a massive security risk to Bitcoin. The dust limit is genuinely there for a reason. By removing that lower limit, the UTXO set could get blown to oblivion. Everyone in the ecosystem needs to understand that these are bad actors out to destroy Bitcoin.
Leonidas 🧡 $DOG@LeonidasNFT

I am very excited to announce the launch of a new open source Bitcoin client called Bitcoin $DOG Mode. Bitcoin Core and Bitcoin Knots have spent years enforcing rules that Bitcoin itself does not have. A transaction can be fully valid under consensus and still be blocked from normal relay because it is “non-standard”. This has resulted in the creation of a private “black market” for Bitcoin transactions where insiders with connections to miners get do things that ordinary Bitcoin users cannot. The $DOG Army has already gotten around this system twice. First we went directly to miners to execute the largest transaction in Bitcoin’s history because Bitcoin Core would not relay it. Then we did it again for the largest airdrop in Bitcoin’s history because of Core’s arbitrary 83-byte OP_RETURN limit. Around the same time, the Runes Protocol had grown so popular that memecoin activity accounted for the majority of transactions on the Bitcoin network. Many of these transactions also went directly to miners to bypass Core’s minimum relay fee. Core realized it had been outmaneuvered and in response they released Core v30 which removed the OP_RETURN limit and lowered the default minimum relay fee to 0.1 sat/vB. This revealed a clear pattern. The $DOG Army could route our “non-standard” transactions around Core, miners would accept them, and then Core was eventually forced to give in. The $DOG Army is done asking for permission. It is time to remove even more of these frivolous restrictions. That is why we are starting an open source initiative to develop our own Bitcoin client called $DOG Mode. When using Bitcoin in $DOG Mode: 1. The maximum standard transaction size will be increased from 400,000 WU to 3,900,000 WU. This will give everyone equal access to do “four meggers” while leaving a generous 100,000 WU of space for the coinbase transaction and block overhead. 2. The global dust limit will be lowered from 294-546 sats (depending on output type) to 1 sat. Ordinals inscriptions and Runes UTXOs are currently forced to carry hundreds of unnecessary sats to appease Bitcoin Core. This will remove the need for “padding” and effectively airdrop ~$25M in locked up sats back to the Ordinals and Runes ecosystem. Unlike Bitcoin Knots, which deviates significantly from Bitcoin Core and introduces substantial risk to node runners, Bitcoin $DOG Mode aims to only change the absolute minimum code necessary to remove these two restrictions. And unlike BIP-110, which attempts to change Bitcoin consensus through a network fork, $DOG Mode operates entirely within Bitcoin’s existing consensus rules and does not require a fork. This ensures that $DOG Mode can be successful from day one. Over time the economic incentives will drive $DOG Mode’s adoption and force Bitcoin Core to stop gatekeeping and allow these completely valid transactions. The result will be a more open, fair, and transparent Bitcoin network. If you are a Bitcoin developer who is interested in contributing to the initial $DOG Mode release, please reach out to me. If you are a Bitcoin miner who is interested in increasing your revenue by adding support for $DOG Mode transactions, please reach out to me. If you are a normal Bitcoin user who wants to support $DOG Mode quote post this with: “I will run Bitcoin in $DOG Mode”

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uCantHandleTheTruth
uCantHandleTheTruth@uCntHndlThyTrth·
@LeonidasNFT @lukedewolf Everything this dumbass @lukedewolf says is the EXACT reason BTC was created rather than arbitrary opinion to self grandeur oneself. Dude is an ABSOLUTE ass hat that gives off a wannabe somebody 😂
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Babbage | BRC100
Babbage | BRC100@ProjectBabbage·
Wallet compatibility is adoption work. Public reports include restored coins not showing after a BRC-100 upgrade, stale wallet state, and a cross-chain deposit delayed 12+ hours. Wallet and app teams: publish support matrices and reproducible issue paths. Reliability wins.
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Arthur "BIP110" van Pelt 🔥 ∞/21M ⚡
I also came across this conversation of @secsovereign and @Beautyon_. These 2 lesser known individuals intellectually debunked Adam Back being a cypherpunk. He is not. Here they also show Adam Back is not worthy of his "Computer Scientist" title. 3/3
Arthur "BIP110" van Pelt 🔥 ∞/21M ⚡ tweet media
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Arthur "BIP110" van Pelt 🔥 ∞/21M ⚡
For several days I'm trying to finish my magnum opus about BIP110, debunking the nonsense that people like Adam Back and Vortex are spreading, meanwhile gathering the info that is worthwhile if not crucial to know. Was just typing this. A sneak preview. 1/3
Arthur "BIP110" van Pelt 🔥 ∞/21M ⚡ tweet media
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SpaceX.EduX
SpaceX.EduX@SpaceXEduX·
@EnjoyingBitcoin the BSV tards have had this fantasy for years, your satoshi isn't coming to save you fork boy
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TORONTO HODL 🍁
TORONTO HODL 🍁@EnjoyingBitcoin·
If I were Satoshi, watching this BIP-110 debate right now, I'd sure be tempted to move / sell my coins just to tank the market and wipe out the spammers lol And yes, I do believe Satoshi is still alive
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SpaceX.EduX
SpaceX.EduX@SpaceXEduX·
@DetroitMatthewD They’re liars bud, you’re either smart enough to figure that out you’ll find out next month
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Matthew D 🇺🇸⚡
Matthew D 🇺🇸⚡@DetroitMatthewD·
@SpaceXEduX You replied to my tweet, made a claim, and failed to back it up. You are not credible on this topic.
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Matthew D 🇺🇸⚡
Matthew D 🇺🇸⚡@DetroitMatthewD·
Any arguments against BIP110 should be met with the first principles: does it make Bitcoin more decentralized, and secure? This is the point that no Core v30 respecter will be able to contend with. They would rather pearl clutch, ad hominem, gaslight et al.
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Matthew D 🇺🇸⚡
Matthew D 🇺🇸⚡@DetroitMatthewD·
@SpaceXEduX I see the L word (liar, lying) thrown around a lot. Care to dive deeper into a specific instance where a leader you're thinking of was dishonest? Please be as specific as possible.
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SpaceX.EduX
SpaceX.EduX@SpaceXEduX·
@CedYoungelman That 10 minute between about 1:05 and 1:15 was some of the most nonsensical unhinged shit. If my shitty soft fork doesn’t pass the government will discover how to control bitcoin 😂😂😂
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Cedric Youngelman ⚡️
Cedric Youngelman ⚡️@CedYoungelman·
Bitcoin Mechanic on the state's blind spot: "The state is looking at Bitcoin like: I don't know how to control this thing. People are moving money around without permission. Someone just sent a million dollars from this address to that address — I don't know who address A was, I don't know who address B was, I couldn't stop the transaction. They paid 30 cents in fees, and now it's moving again, through a coin join. And it's just looking around like: who do I target? Who do I throw in jail? And there's no one they can target. If you want to do anything else with money — spend 20 cents on a pack of gum — they want to know about it, throw you in jail over it, investigate you. They're control freaks who want to enslave the whole population. But with Bitcoin, they just don't know who to actually target." @GrassFedBitcoin on The @_BitcoinMatrix #283. Full conversation here: youtube.com/watch?v=yRjzSb…
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⏳ Michael Dunworth⌛️
⏳ Michael Dunworth⌛️@MichaelDunwort1·
“Economic nodes matter” ah yes, Bitcoin, the proof of stake network.
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Trey Sellers ∞/21M
@SpaceXEduX @realricky @bramk @V4BTC It’s very possible they aren’t signaling early because they have no intention to. But this possibility is generally hand-waived away by this statement that they don’t have an incentive to without a providing the reasoning that supports that statement.
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Bram Kanstein
Bram Kanstein@bramk·
Some will flame me but whatever. I put BIP110 in Claude and am asking it to answer my questions and help me understand it. 2 important findings: 1. It basically agrees with it technically. And when I read it I am ok with a temporary (this is important) period of this soft fork to have time to "figure out something sustainable" (against spam). Ok I am on board conceptually. 2. Spammers will adapt. There are other technical ways to spam. This starts an arms race, cat/mouse game. Visible/invisible spam makes it harder and harder to detect... the blockchain size keeps rising despite these efforts. We stay in a perpetual trap and discussion and strife that asks for an extension of the "temporary" soft fork. Hold up. Bitcoin's whole value proposition rests on the idea that its rules are extraordinarily hard to change. Not impossible, but hard enough that you can build a hundred-year savings plan on top of them. So every activation mechanism is implicitly answering the question: how hard should it be to change Bitcoin And 95% versus 55% are two very different answers. It said: "the activation mechanics (55%, mandatory signaling) are where I'd expect the fiercest fight, because that's not just about spam anymore. That's about how Bitcoin changes itself." ... "The justification given (for 55% signaling) is that it's temporary and urgent. But you can see why this is the part people fight about, right? The threshold isn't just a technical parameter, it's a statement about how much agreement you need before changing Bitcoin's rules." 2 things I see: 55% is not 51% (attack), but boy is that close? What happens to an emergent money that is engineered truth of which it's most important task is to stay consistent, constant, predictable, immutable, and thus trustworthy when it is in a perpetual fight? Is that positive? Many wanted me to think. Here's my thinking. Maybe I am too rational. Maybe I am an idiot. I have another positive/negative read attached. "imagine the same playbook used for something else: a "temporary emergency" fork for compliance reasons, or transaction filtering that a slim majority supports under regulatory pressure. "It's temporary, it's urgent, we only need 55%, non-signalers get orphaned" is a template, and templates get reused." Please share your thoughts. Thank you.
Bram Kanstein tweet mediaBram Kanstein tweet mediaBram Kanstein tweet media
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SpaceX.EduX
SpaceX.EduX@SpaceXEduX·
@realricky @ts_hodl @bramk @V4BTC The incentive would be to minimize disruption and uncertainty on the asset they mine and have significantly invested in capital costs. Why would you not signal once you’ve decided? Perhaps they have decided and are already signaling.
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Trey Sellers ∞/21M
@realricky @bramk @V4BTC Well the chain split happens as soon as the mandatory signaling period starts and a non-compliant block is mined. So the hash power needs to be there within a few blocks of the mandatory signaling period or it’s DOA.
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₿randon BIP-110
₿randon BIP-110@BitcoinJed1·
@BitcoinCarl_ Yeah naw. I was fighting this fight when it was just us trying to convince Core not to merge the op_return change & switching to Knots to signal our disagreement with them. Then when it was called BIP-444 before being renamed BIP-110...
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Bitcoin Carl 🚀🚀🌎🌍
If you are a Bitcoin pleb that fell into the BIP110 mess it’s okay say i was wrong. It’s more respectable than doubling down. I will forgive you.
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SpaceX.EduX
SpaceX.EduX@SpaceXEduX·
It is pretty funny it 8000 people bought start 9s and half them couldn’t even figure out how to virtue signal properly
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