serbtc

10 posts

serbtc

serbtc

@serbtcx

Katılım Kasım 2025
19 Takip Edilen2 Takipçiler
serbtc
serbtc@serbtcx·
@sesi_the_man Technical arguments are very important, but Bitcoin is money, not just software. Money has cultural, political and philosophical dimensions. If technical arguments were enough, we'd all use CBDCs. They're more efficient and performant than Bitcoin, yet we choose Bitcoin anyway.
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Seed
Seed@sesi_the_man·
The dispute over op_return, or any protocol debate for that matter, should be won or lost on technical arguments -- ad hominems and pearl clutching belong in the realm of fiat politics and weaken the argument of whomever is using them.
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Maple 🍁
Maple 🍁@GhostofMapl·
Well, @dathon_ohm / @cguida6, I guess it's back to the drawing board, or as you kids call it, the prompt window. Time to modify your retarded BIP.
Maple 🍁 tweet media
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serbtc
serbtc@serbtcx·
@Guerrilla_BTC @GrassFedBitcoin @SteveSimple 2010 was a different world, where avoiding implementation divergence was a big risk. Today, a formal specification and multiple compatible implementations would make Bitcoin more robust.
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serbtc
serbtc@serbtcx·
@osborne_sam @theonevortex @dotkrueger > history is full of “benevolent” leaders who convinced devoted followers to hand over their wealth for some greater good or promised benefit, only to leave them poorer and worse off Poorer but at peace.
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Samuel ⏳
Samuel ⏳@osborne_sam·
if this one does, “they” are going to cause plenty of bitcoiners to burn through their BTC renting hashrate history is full of “benevolent” leaders who convinced devoted followers to hand over their wealth for some greater good or promised benefit, only to leave them poorer and worse off
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Fred Krueger #BIP-110
Fred Krueger #BIP-110@dotkrueger·
54% consider themselves "part of the 1%". Core defenders, you have zero sense of what the community actually wants.
Fred Krueger #BIP-110 tweet media
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serbtc
serbtc@serbtcx·
@BitMEX_Jon @giacomozucco @Billyndroid There are other projects, like @HornetNode and @BtcCommons, working on a proper Bitcoin specification. If they succeed, it could be one of the most important developments for Bitcoin in years, making independent implementations far more viable by reducing consensus risk.
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BitMEX Research
BitMEX Research@BitMEX_Jon·
> this will embolden spammers/scammers Probably, but on the new BIP-110 altcoin chain. That could be a much cheaper place to store files than on Bitcoin > hopefully go back to support alternative implementations Do you mean alternative independent implemenations, like BTCD and Libbitcoin? Because there are a lot of benefits and risks of these implementations. Probably a net positive in my view. If you mean alternative implementations which are very similiar to Bitcoin Core, like Libre Relay, I fail to see how there are any material benefits or risks of this. In my view its a complete nothingburger and I do not see why people are focus on that. If you think Bitcoin Core has "weak governance", resulting in some bad outcome for its users, I fail to see how running a client that changes a few parameters makes any difference to that "weak governance." That feels a bit like what the large blockers tried: "We hate the corrupt Bitcoin Core, therefore lets run Core with a few parameters changed"
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serbtc
serbtc@serbtcx·
@SteveW928 @adam3us @jimmysong @theonevortex Yeah, I know. I've also seen Murch and Matt Corallo invoke the "technical" argument, as if that settled the question. If that were enough, we'd all be using CBDCs. They're far more efficient and performant than Bitcoin, yet we choose Bitcoin anyway.
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Steve Wilkinson
Steve Wilkinson@SteveW928·
To be fair... it's nothing new. The Core-camp has been arguing 'technical' since day-one of this debate. The problem is that most of the 'technical' is actually trying to smuggle in ideological arguments and changes with it. I've seen almost nothing that actually is technically arguing against BIP110. Like actual technical reasons BIP110 is a bad idea for the Bitcoin protocol.
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Jimmy Song (송재준)
Jimmy Song (송재준)@jimmysong·
I am not "for" or "against" BIP110. The reason being that I don't know enough about the system to know the consequences of either path. We'll know a little more when the soft fork resolves one way or the other, but currently, I have little idea of how anything plays out.
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Adam Back
Adam Back@adam3us·
@jimmysong there's no technical consensus, @theonevortex explains some reasons why not x.com/theonevortex/s…
Vortex | BIP448@theonevortex

It's strange to start the discussion by ignoring all the fork risk like splitting the network and so fourth but here's a few: -Protocol/Ledger neutrality - By moving "Standardness" filters into "Consensus" rules Bitcoin ceases to be a neutral settlement layer and starts looking like a curated platform and this sets a precedent where a 55% majority can decide that your valid transaction is "spam" simply because they dislike the use case -It doesn't actually solve the problem - As Peter Todd demonstrated these filters are easily bypassed as he successfully embedded the entire 6,000-word text of BIP 110 into a single transaction by fragmenting the data across multiple 256-byte PUSHDATA elements and 83-byte OP_RETURNs so this proves the fork doesn't stop data it only increases the transaction fee "tax" for users -Incentivizes Centralizing BlockSpace Market - Capping the public relay at 83 bytes forces high-volume data users to bypass the P2P network and instead pay large mining pools directly via private APIs to include "illegal" non-standard data which creates a private blockspace market that small home-node miners cannot see or profit from -Risk of confiscation / disruption to backwards compatibility - As Gregory Maxwell noted Bitcoin nodes have no "global state" of pre-signed transactions so if a user has a multi-year inheritance plan or a "Vault" emergency exit signed offline that uses a 500-byte script or an OP_IF branch BIP 110 welds that exit shut and since the transaction is now consensus-invalid the funds are effectively confiscated for the duration of the fork -Anti-Scaling (Kills eltoo/ln-symmetry) - BIP 110 explicitly invalidates the Taproot Annex which directly blocks the ln-symmetry upgrade which is the industry's best hope for a Lightning Network that dramatically reduces the need for constant watchtower monitoring and enables simpler multi-party channels -Creates UTXO bloat - BIP 110 incentivizes spammers to hide data inside fake addresses/UTXOs (like multisig-encoded data) and while an OP_RETURN can be ignored by a lean node, a fake UTXO must be tracked by every node forever so BIP 110 intended to "save" nodes but actually creates a more expensive permanent burden on them -Breaks Miniscript & Vaults - Miniscript is the industry standard for writing readable secure smart contracts (used for inheritance, multi-party escrow, timelocked recovery) and relies heavily on OP_IF to branch between conditions so by banning OP_IF in Tapscripts BIP 110 effectively breaks Taproot-based custody setups that represent the direction the entire industry is moving -Lobotomizes BitVM - BitVM is one of very few viable paths to trustless Layer 2 bridges and requires deep "Taproot Trees" (Merkle paths) to verify computation and a 257-byte limit caps the tree depth at roughly 7 levels (128 leaves) when BitVM protocols often require thousands of leaves to function -Loss in fees for miners - If you filter out the highest paying transactions because you don't like their content you are effectively asking miners to take a pay cut which could lower the "hash price" and as block subsidy continues to halve transaction fees become increasingly critical to security -Rushed Timeline / Governance Precedent - BIP 110 activates unconditionally by September 2026 regardless of support with early activation possible at just 55% signaling within a tiny 3-month window and this "emergency" style of governance is a radical departure from Bitcoin's traditional 90%+ consensus model, if rushed "emergency" consensus changes become normalized that governance precedent is permanent even if the technical changes expire

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Keysa
Keysa@SimplestBTCBook·
IMPORTANT TO NOTE 👉“Core's process .. does not share the IETF's separation of powers, neutral consensus determination, or appeals. Which are the important parts that make the IETF actually legitimate, and not just appearing to be legitimate.” @Beautyon_ x.com/simplestbtcboo…
Adam Back@adam3us

stop being retarded, fellow bitcoiners. AI conspiracy confirmation slop is rotting your brains. bitcoin development is robust, it doesn't need your "help". fighting to erode or override IETF-like consensus process is a BAD IDEA, and will be forcefully rejected by the market.

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serbtc
serbtc@serbtcx·
@mattkratter @stack2thefuture Miners don't make the rules, but they choose which game they play. Period. It might be yours. It might not.
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STACK TO THE FUTURE
STACK TO THE FUTURE@stack2thefuture·
Can someone explain to me how BIP-110 will possibly have any chance of activating with this level of miner signalling? I’m not really against it in principle, but I have no idea where the confidence is coming from on the BIP-110 side. Genuinely curious.
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Adam Back
Adam Back@adam3us·
@knutsvanholm @zndtoshi By trying to find technical consensus, not by trying to force activate something that's laughably broken, riddled with unanswered technical objections, and frankly just stupid. I'm surprised we need to explain this to people who were around during segwit activation history...
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zender ⚔️
zender ⚔️@zndtoshi·
He once started the Lightning Torch. Today he is leading the Bip110 Torch. He and the rest of knots people decided to create a fork and push for it without consensus. Once there will be split they will have the chain they want with the properties they want. From there on they will have no more say in what Bitcoin is. They chose that path.
hodlonaut #BIP-110@hodlonaut

Running BIP-110

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