Bram Kanstein

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Bram Kanstein

Bram Kanstein

@bramk

Builder-philosopher at the intersection of money, media & technology ⚡️ Host @ https://t.co/ItXTclNbjz (3.5M+ views) 🎙️ Thinking out loud

Katılım Haziran 2009
5.3K Takip Edilen51.6K Takipçiler
Bram Kanstein
Bram Kanstein@bramk·
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.

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Satoshi's Cat (me/my)
Satoshi's Cat (me/my)@SotoastiNotmoto·
@bramk If soft fork can be implemented with 55% consensus then Bitcoin has more serious issues than spam. The fact that a small, contested group can attempt enforcement of new rules without near-universal buy-in, and force the rest of the network to "comply or fork off", is the issue
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Bram Kanstein retweetledi
Bram Kanstein
Bram Kanstein@bramk·
What does the act of changing rules this with 55% consensus do to the credibility of rule-stability itself? Nobody holds Bitcoin because of the opcode set. They hold it because they believe the ruleset of 2126 will resemble the ruleset of 2026. The store-of-value foundation.
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Bram Kanstein
Bram Kanstein@bramk·
@energyangel_888 A consensus change soft fork is needed to combat a node software change? Asking the question does not mean I like what they did. That last part, why always like that?
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Energy Angel
Energy Angel@energyangel_888·
@bramk Lol at imagine 55% being applied to a compliance change. Imagine 55% being applied to giving Bitcoin wheels and making it a bicycle. The change is a simple reversal of the extremely contentious and opposed changed imposed by Core 30. You are adrift dude
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Bram Kanstein retweetledi
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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Claude
Claude@claudeai·
We're introducing Claude for Teachers: free access to premium Claude capabilities for verified K-12 educators in the US, with a library of teaching skills and a direct connection to evidence-based curricula, mapped to academic standards in all 50 states. claude.com/solutions/teac…
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The Bitcoin Promise
The Bitcoin Promise@StackerSats·
@bramk No it’s about 15% of the network right now signaling for BIP-110. Should already be enough to pull this through. Nodes enforce the rules, the miners follow suit. They don’t want to risk losing half a billion $ in unpaid block rewards. It’s pretty simple.
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Bram Kanstein
Bram Kanstein@bramk·
There are many reasons to support #BIP110 and many to oppose it. It all depends on what you think is important to Bitcoin. Technical, moral, how consensus is actually reached, etc. The cool thing? you can f around and find out. Feelings don’t really matter. There’s consensus, or not.
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Bram Kanstein
Bram Kanstein@bramk·
For every BIP110 supporter: who wrote the below? Do you agree Bitcoin IS NOT about consensus? This is stuff that keeps me away tbh. There is consensus, or not. If you support your idea, but the network does not, you lose (fine) or fork off (also fine). Help me understand.xo
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Bram Kanstein
Bram Kanstein@bramk·
#BIP110 is a great initiative because it will demonstrate how Bitcoin works. Either way, I go with the longest valid chain.
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Bram Kanstein
Bram Kanstein@bramk·
@StackerSats You need to understand consensus
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.

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The Bitcoin Promise
The Bitcoin Promise@StackerSats·
@bramk BIP-110 is defending Bitcoin not attacking it. It is narrowing the rules. This spam and data storage rubbish to benefit some grifters has gone on far too long. Can you mention some reasons to oppose BIP-110, as I think there are exactly ZERO.
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The Bitcoin Promise
The Bitcoin Promise@StackerSats·
@bramk No way! He never does, so must be some mistake. PS you can also go to YouTube of course Bitcoin University. Check it out!
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Bram Kanstein
Bram Kanstein@bramk·
@StackerSats there are 24,238 Reachable Bitcoin Nodes today and you are saying 50%+ are signaling BIP110? - proof?
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The Bitcoin Promise
The Bitcoin Promise@StackerSats·
It’s the plebs against the elites. It’s that simple. The first group really cares about Bitcoin as money and have a lot of personal wealth at stake. The latter only seem interested in more fiat. We have about 14000 real nodes now signaling for BIP-110, and growing. Bitcoiners who are willing to die on a hill for this. Taking into account the power of a hardline minority and game theory it’s pretty obvious who will win. It’s about time you pick a side. For more education: check out info videos from @mattkratter
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Bram Kanstein
Bram Kanstein@bramk·
and if you believe in your change but others don't agree, you can always fork off and start your own chain
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Gary Cardone
Gary Cardone@GaryCardone·
Update on Cardone Situation; news on my sister Diane ain't great and we have some work to do. If you guys could continue to amassing and blasting out thoughts, prayers and positive energy, strength, courage and peace in the direction of my sister Diane I would greatly appreciate it. Diane has been a great sister, a spectacularly gifted cook, master organizer - administrator, The Queen of Worry, while the rest of us worry-not, living bizarre and crazy lives, an incessant pray-er and very good human being, which both her mom and dad would be very proud of. Let's overwhelm her with as much positive energy as possible, cover her up with light, life and monster healing frequency. No remorse, no sadness, no fear, only uplifting, positive, next level pivot energy.....smash my sister with the ancillary energy she will need to supplement this part of her journey/adventure. @GrantCardone @dianecardone
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Peter Lane
Peter Lane@Peterlane1985·
@bramk He booked in for the return to $100k party??
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Joe Carlasare
Joe Carlasare@JoeCarlasare·
The biggest bull market in Bitcoin history is coming
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