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@MASTERBTCLTC

Author of The Other Bitcoin: Why Litecoin is Hiding in Plain Sight. The Other Bitcoin → https://t.co/7TgiwVdDJA

hiding in plain sight Katılım Aralık 2017
996 Takip Edilen54K Takipçiler
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master
master@MASTERBTCLTC·
I set out to write a book about @Litecoin. 13 reasons. An anonymous friend told me: “Never publish anything that doesn’t contain an ah-ha.” They didn’t care about the technicals. They cared about the story. Me, Charlie, and Satoshi. That’s when I pivoted. I stopped trying to explain it and just told it. They wrote the foreword. Read it: a.co/d/0dK54bIb
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Max
Max@MaxBecauseBTC·
Memecoins could go crazy here
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The Journey Man
The Journey Man@JM_speakss·
Do you think you’ll own atleast one bitcoin within the next 5 years? Yes or no?
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master
master@MASTERBTCLTC·
@JM_speakss yes, just buy litecoin with whats left…
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The Journey Man
The Journey Man@JM_speakss·
My girlfriend wants me to sell some bitcoin and start taking her on some nice dates… What do you think I should tell her?
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Jack Doherty
Jack Doherty@dohertyjackk·
I am joining FaZe
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B LOU
B LOU@all_1k·
X gave me my original account back BOW 🔥
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Nikita Bier
Nikita Bier@nikitabier·
@dohertyjackk It’s time to stream. DM for early access to our new streaming dashboard.
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master
master@MASTERBTCLTC·
All the pieces are in place now all the signs are here. Litecoin is ready to surpass Bitcoin and take the throne.
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master@MASTERBTCLTC·
@LoneWolfLite if those two joined forces… let’s say on may 4th… And space x were to put litecoin on its balance sheet just after the IPO… It would send both litecoin and space x to the moon, literally.
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master
master@MASTERBTCLTC·
truly impressed by the people in litecoin, I want to shine a light tonight on Kyle @nakamoto_std who created the 84m shop and the 84m podcast. i received this plus some other gifts 🎁 including the corn cheese sticker. the card is also a masterpiece, from @bitstoys that has a NFC link to an ordinal. the quality of work is beyond top shelf.
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Loshan
Loshan@loshan1212·
@TheDesertLynx nah it's good. if you can invite me to dinner at one of these places
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Joel Valenzuela
Joel Valenzuela@TheDesertLynx·
I'm probably getting disinvited from the Litecoin Summit over this, but I have to say something. I don't think anyone ever happens a disastrous exploit well, but it doesn't need to be this bad either. I want to help the Litecoin community to grow into a professional team that builds and maintains great business relationships long-term. That can't happen without a complete about-face from the post-exploit attitudes.
Joel Valenzuela@TheDesertLynx

x.com/i/article/2049…

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David Burkett Ⓜ️🕸
David Burkett Ⓜ️🕸@DavidBurkett38·
Quick correction before I respond: Your timeline and version of the events isn't quite right. The DoS was not identified by us nor the attacker until after the latest exploit. The DoS happened as a result of a latent bug around how mutated blocks can result in `submitblock` calls hanging. The attacker had no idea miners had a fix for the inflation bug. He likely just tried exploiting it with the assumption his block would be accepted by all miners and go unnoticed for a little while. But the miners *did* have a fix, albeit an incomplete one. The fix miners had caused them to reject the block as intended, but they ended up in a weird state that left their mining threads unresponsive. Now, about your post: I think responses from both sides were way over the top. Those attacking Litecoin had their facts wrong and/or were way over the top. Tayvano's whole shtick seems to be scream, curse, hyperbolize, and dramatize every decision someone makes during an attack...an act quite common amongst those in the infosec world. It's how they market themselves and convince others of their critical importance. Additionally, Alex's accusations of "inside job" and continuous public attacks -- despite us being nothing but transparent and cooperative with their team behind the scenes -- gives the very obvious impression (to me, at least) that he's just trying to pressure the LF, a non-profit, to cover the losses of NEAR intents, a for-profit business that makes its money by taking these exact risks to offer high-liquidity, low-conf, irreversible swaps. Conversely, many on the Litecoin side went overly defensive and downplayed the incident, or wrote it off as not an incident at all, and in fact was working as designed. But, of course, that's not true at all. I had conversations with several in the LF where I expressed some of your exact same concerns, Joel. But because Alex and others were sharing false information and inaccurate and damaging accusations, many felt the need to go on the defensive and downplay the incident. It's an understandable reaction, but one which I agree was probably a mistake. So just to set the record straight and make sure everyone's clear: Litecoin screwed up. And more concretely, I screwed up. The inflation bug and DoS exploits were on me. I never hid from that or pretended all was fine, and anyone who did was in the wrong. Litecoin was not "working as intended" by any means. Now, onto how we handled the incidents and disclosure: In retrospect, it probably was a mistake not to notify exchanges and others after the incident. But we had very valid reasons for wanting to keep the circle as small as possible, as I outlined in the postmortem. It's quite unfortunate that it took 5 weeks to get the release out. I tried to get it out weeks sooner, but there were delays completely out of my hands. The public-ready release was finally signed the day before the attack and miners were upgrading. The intention was to go public with the fix once 50% of miners had upgraded -- a threshold that likely would've been met that same day as the attack. So, if we had hit just one less roadblock and would've had a release signed a day or two sooner, we could've had everything public by the time of the attack and could've probably saved face quite a bit. The DoS bug would've still existed and the attack would've likely still gone the same exact way (few people upgrade quickly, including exchanges - some of which are still on 0.18!!), but at least we could've said those who upgraded were safe. But alas, we did not have the release ready a day or two sooner, so now we're left defending our choices.
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David Schwartz (aka - Dasch)
No one said nothing wrong happened on the litecoin side, Joel. But what did happen was unilateral, non-collaborative announcement about the incident by Alex, along belittling and vitriol of litecoin and the foundation by him and others without a chance for both to even figure out how to put it out after it had happened. The community understands more than people give it credit for, and attacking the protocol and putting out information that wasn't entirely accurate while feeding the frenzy of attention sharks on X is not indicative of appropriate behavior, either. Others outside our community have noticed their behavior as well and noted it as unprofessional, so whatever shoe you're trying to fit onto this foot may also fit someone else as well. More than one person can wear a size 9. I'm unsure what your incentive for even writing this was, but I'd also caution anyone at any level tied to any chain or project...what happened to litecoin this weekend was unfortunate. It caused issues that were resolved automatically through a reorg, not by manual intervention by the foundation. Multiple defi platforms were affected. Some prepared ahead of time for such a thing by understanding number of confirmations needed for litecoin are different for something like bitcoin and fared better in warding off funds funneling through their platform. But even with what happened, one platform decided to take the high road and work with the foundation and other decided to go on the attack and then gaslight litecoin and the foundation even through today. The space needs people who can work together and not cut each others' balls off trying to stay relevant or throw others under the bus to save their skin. Losses happen, and as we all have seen during this month, literally any protocol or platform can be messed with at any time. But let's be very clear, the litecoin community is normally not this fired up about something coming against it because that's the nature of this space. But when a for profit company that makes money off both their users and litecoin, then tries to literally demonize a non-profit 501c3 who lives off donations and no treasury, no pre-mine, and exists only to help support a fully decentralized network...all from personal X accounts while barely putting anything out about what happened to them from the official NEAR Intents account about any of this other than to repost, they get pissed. They get pissed because the irresponsible and callous posting by an individual caused thousands of others on X to perpetuate an ungodly amount of false FUD because they decided to post something about more than just themselves and didn't care how it affected anyone else. That's a large reason for their disdain and hostility and also for posts made by the handle that could have even been handled better. Which, by the way, were deleted to ensure making this less volatile even while Alex and others still continue stoking a fire. So let's stop pretending all this kumbaya bullshit, act more decently about this, and actually stop continuing whatever it is that you and others are doing right now. Because it's not helping them, us, you, or anyone else.
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VLAD HOSTS THE BEST PODCAST IN BITCOIN
Got catfished today, I thought I was gonna interview Mira Hurley and then @milan_dereede showed up At least we had a fun conversation about AI & how crypto coins get an amazing new use case thanks to it Will publish in a couple of weeks 🫡
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Snake's SiŁver
Snake's SiŁver@SnakesSilverLTC·
Bitcoin conference was depressing.
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LoneWolfLiteⓂ️🕸
LoneWolfLiteⓂ️🕸@LoneWolfLite·
A customer goes into a shop, buys a gold bar and pays with cash. The shopkeeper accepts it and the customer leaves with the gold Hours later, the shopkeeper finds out cash is counterfeit. "It's the bank's fault for enabling forged currency!! They need to be responsible!!"
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