Tacitocu #BIP-110 🤓 🌊₿🚀

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Tacitocu #BIP-110 🤓 🌊₿🚀

Tacitocu #BIP-110 🤓 🌊₿🚀

@Tacitocu

Let's have a better money ⚡ for a better ☀️world 🌏. npub14ps5w3stea3wwg7m4g0rea6tzcxfmf07z37x0vs670288kd6gavs0ug7yx

Katılım Temmuz 2016
584 Takip Edilen67 Takipçiler
Matyas Kuchar
Matyas Kuchar@Matyas44Cook·
@TomasNajmanCZ @natbrunell The majority of shops and restaurants use a payment provider (financial institution) ... so IMHO it is fair to say, the regulation had a direct impact on restaurants ceasing to accept Bitcoin after several years of successful transactions... + creating KYC honeypots
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Natalie Brunell ⚡️
Natalie Brunell ⚡️@natbrunell·
EU regulation killed Bitcoin payments across Europe. Over 1,000 businesses that accepted Bitcoin had to stop overnight. But Prague isn't backing down. @Matyas44Cook shares how the Czech Republic is becoming the most Bitcoin-friendly country in Europe — and why the rest of the world should pay attention. Full episode (with Czech translations thanks to AI!) Join us at @BTCPrague June 11-13th - use code HODL for your passes. TIMESTAMPS: 00:00 Bitcoin Adoption Across Europe 7:02 Czech Republic's Bitcoin-Friendly Central Banker 9:28 Bitcoin on the Streets of Prague 12:55 How MiCA Regulation Killed Bitcoin Payments Overnight 15:00 Europe's Energy Crisis & Bitcoin Mining 19:00 Inside BTC Prague: Stages, Speakers & Format 19:37 Michael Saylor's Fourth Year in Prague 23:11 The Real Value: In-Person Bitcoin Community 26:24 What to Do in Prague: Food, Beer & Sightseeing
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Joana Cotar
Joana Cotar@JoanaCotar·
Die mexikanische Präsidentin gab auf dem 89. Bankenkongress bekannt, dass Barzahlungen an Tankstellen und Mautstellen nun offiziell abgeschafft werden. Digitale Zahlungen für Kraftstoff und Mautgebühren sollen bis Ende 2026 verpflichtend werden. „Unser Ziel ist es in diesem Jahr, digitale Zahlungen für Kraftstoff und Mautgebühren durch die gemeinsam mit den Banken entwickelten Modelle verpflichtend zu machen“, sagte Sheinbaum. „Damit sollen zugängliche digitale Zahlungsmethoden gestärkt und die Digitalisierung des Landes auch in vielen anderen Bereichen vorangetrieben werden.“ So wird es auch bei uns mit dem digitalen Euro laufen. Schritt für Schritt. Lassen wir es nicht soweit kommen!
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Thomas Jäger
Thomas Jäger@jaegerthomas2·
Der Waffenstillstand im Mittleren Osten belegt, dass China andere Staaten (hier Iran) erfolgreich zum Waffenstillstand drängen kann. Das könnte China auch im Fall der Ukraine. Da will China jedoch, dass der Krieg bis zu Spaltung USA-Europa weitergeführt wird.
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Simple Steve 🌌
Simple Steve 🌌@SteveSimple·
Taproot usage on Bitcoin 99% of taproot transactions since 2024 are dust. They are not financial transactions. This was not the expected behavior when we created taproot. Needs to be more widely acknowledged. Details in first comment. Thanks @OrangeSurfBTC for inspiration
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TFTC
TFTC@TFTC21·
Tadge Dryja, the co-inventor of the Lightning Network, just dropped an update on Utreexo, one of the most underappreciated scaling projects in bitcoin. The problem is straightforward. Every bitcoin node that wants to validate transactions has to store the entire UTXO set, every unspent output on the network. Right now that's 11GB and growing. As more transactions hit the chain, as inscriptions and other data-heavy outputs pile up, every node operator has to store all of it. The UTXO set doesn't get pruned like old blocks can. It just grows. Utreexo eliminates the entire UTXO set from your node. Instead of storing 11GB of data, a Utreexo node stores less than 1KB of hashes and still fully verifies every transaction. It's not a light client. It's not trusting anyone else. It's full validation with radically less storage. The tradeoff has always been bandwidth. Utreexo nodes need to download extra proof data to verify transactions without storing the full set. Until recently, syncing the blockchain with Utreexo took 2-3x the data download of a normal node, pushing into terabytes. That problem is now being solved, new aggregator techniques from SwiftSync have eliminated the extra download overhead. The implementation is still being finalized, but the hard part appears to be behind them. Two things worth noting: First, Utreexo is quantum safe. The accumulator and aggregator are built entirely on hash functions, not elliptic curve cryptography. Whatever quantum computing does to bitcoin's signature scheme, it won't touch Utreexo. At a time when the quantum conversation is heating up, that's a meaningful design advantage. Second, Utreexo directly addresses the tension around "spam" on bitcoin. Inscriptions, BRC-20 tokens, and other data-heavy outputs bloat the UTXO set that every node has to carry. Pruning helps with old block data but doesn't touch the UTXO set. Utreexo makes the entire debate irrelevant, if your node doesn't store the UTXO set at all, the size of it doesn't matter. New releases are out for both utreexod (BTCD-based) and Floresta (rust-based, built with rust-bitcoin). Both are in testing mode, not ready for real funds yet, but ready for developers and node operators to try. This is the kind of quiet, foundational work that actually scales bitcoin at L1. No token. No VC round. No press tour. Just better engineering.
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Will Kinney
Will Kinney@WKCosmo·
OK, two most interesting results from Moriond:
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Documenting ₿itcoin 📄
Documenting ₿itcoin 📄@DocumentingBTC·
Chuck Norris mined bitcoin with a pen and paper.
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Justin Bechler #BIP-110
What BIP-110 will do to non-monetary ‘use cases’ of Bitcoin.
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Akhilesh Mishra
Akhilesh Mishra@livingdevops·
Dennis Ritchie created C in the early 1970s without Google, Stack Overflow, GitHub, or any AI ( Claude, Cursor, Codex) assistant. - No VC funding. - No viral launch. - No TED talk. - Just two engineers at Bell Labs. A terminal. And a problem to solve. He built a language that fit in kilobytes. 50 years later, it runs everything. Linux kernel. Windows. macOS. Every iPhone. Every Android. NASA’s deep space probes. The International Space Station. > Python borrowed from it. > Java borrowed from it. > JavaScript borrowed from it. If you have ever written a single line of code in any language, you did it in Dennis Ritchie’s shadow. He died in 2011. The same week as Steve Jobs. Jobs got the front pages. Ritchie got silence. This Legend deserves to be celebrated.
Akhilesh Mishra tweet media
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Mechanic #BIP-110
Mechanic #BIP-110@GrassFedBitcoin·
People trying to fix "teh security budget" adding non-monetary use cases to Bitcoin are essentially arguing for Universal Basic Income for miners. As with the idiotic and self-serving politicians that push for such a thing, the cost is obfuscated and the benefit as stated would never work as presented. It's the psychopathic reallocating of wealth cheered on by the economically illiterate.
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