whiteburrrffalo

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whiteburrrffalo

whiteburrrffalo

@wh1tebuffalo

⚡️☣️🌮🐝🔑🌋🇸🇻🚀

Katılım Mayıs 2018
438 Takip Edilen226 Takipçiler
Marty Bent
Marty Bent@MartyBent·
.@ODELLXYZ and I would never. The job isn’t done. Tune in to RHR tomorrow afternoon.
RYAN SΞAN ADAMS - rsa.eth 🦄@RyanSAdams

Time to say something out loud. The first era of Bankless has concluded. A six year collaboration between David and myself exploring crypto, defi, and maximizing Ethereum. We're in the second era now. In this second era I'm planning to take more of a backseat role supporting @TrustlessState as he explores new frontiers in crypto and beyond. I'll still be the pod every week (would never miss a rollup) but less in the role of content direction and guest interviews. David has the helm. He has my full support. For my part, I'm still bullish ETH. And bullish Bankless.

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whiteburrrffalo retweetledi
Vortex | CTV | LNHANCE
Vortex | CTV | LNHANCE@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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whiteburrrffalo
whiteburrrffalo@wh1tebuffalo·
@MrHodl I’m surprised that Mircea popescu guy isn’t in those files. He seemed just as evil.
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Adam Simecka
Adam Simecka@AdamSimecka·
If the only purpose of Bitcoin is just to buy it, hold it, and sell it, then there is no point to Bitcoin.
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benthecarman
benthecarman@benthecarman·
I really liked the new iphone when it came out but not so sure anymore. The aluminum build is so cheap, I already have 2 dents on the sides.
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FF2K..Unit of account Maxi
FF2K..Unit of account Maxi@fartface2000·
It’s funny watching the same kids who once screamed “Not your keys, not your coins” now pitching “Bitcoin yield products” to the very institutions they swore to burn down. These were the early adopters — broke college rebels with zero exposure to TradFi, zero incentive to play nice. They built the foundation of self-sovereignty and open verification. But as soon as their fiat score started to matter — the house, the fund, the fancy letterhead — they traded freedom for fees. Now they’re all about “Bitcoin treasuries,” “yield opportunities,” and “capital efficiency.” Translation: “We can’t resist fiat gravity, so let’s wrap Bitcoin in debt and call it innovation.” It’s the same game, just new jargon. Custodial wrappers, rehypothecation, leverage on top of scarcity — a clown show pretending to be a monetary revolution. These people aren’t advancing Bitcoin; they’re extracting from it. They’re trying to turn an incorruptible system into another yield farm — one more layer of counterparty risk dressed up in orange marketing. Bitcoin doesn’t yield. It withholds. It teaches patience, discipline, and sovereignty. It rewards the doers, not the middlemen. So when I see these so-called “Bitcoin capital allocators” bragging about yield, I see the same old parasites — just with cooler merch and laser eyes. They didn’t join Bitcoin to escape the system. They joined to rebuild it in their own image, with themselves on top this time. Congratulations, gentlemen. You’ve turned freedom money into a financial product.
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➡️ CAMP NAKAMOTO 6/18-6/21 NH ⚡🏝️
Btw baseball is much faster now. Games used to be over 3 hours long, but a few year ago they implemented a pitch clock so they're more around 2 hours now like every other sport.
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➡️ CAMP NAKAMOTO 6/18-6/21 NH ⚡🏝️
If you're a Bitcoiner and you've never watched sports before, I encourage you to watch Game 6 of the World Series tonight. It's gonna be a good one 💯 (the sport is baseball 👍)
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Sandra
Sandra@SandraH3llo·
Which proves what a Laundromat scam Bitcoin is Why are you being fooled to buy truncated cents stolen by banks. Now they are just stealing it back. I hope it causes a mobius strip that crashes them
whiteburrrffalo@wh1tebuffalo

@michelleweekley Bitcoin don’t need Western Union. And you don’t need Westwrn Union to send Bitcoin anywhere in the world. That’s kinda the whole point.

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whiteburrrffalo
whiteburrrffalo@wh1tebuffalo·
@michelleweekley Bitcoin don’t need Western Union. And you don’t need Westwrn Union to send Bitcoin anywhere in the world. That’s kinda the whole point.
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Mr.Hodldamus
Mr.Hodldamus@MrHodl·
“Altcoins offer ways to gain exposure to different segments of the crypto-universe. Darkcoin is a brilliant coin that addresses a real need. As I said before, the market as a whole is set for 100x growth so there is plenty of upside.” - Max Keiser 2014 Narrator: Darkcoin is now called Dash
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whiteburrrffalo
whiteburrrffalo@wh1tebuffalo·
@FOMO21shop I like this song because you think it’s from Bitcoins POV (Bitcoin don’t care) until the last two lines where you realize it’s from a Bitcoiners POV (love song to Bitcoin, and how it’s all you can think about) youtu.be/95V4N_6aqGE?si…
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FOMO21 - BTC Merch
FOMO21 - BTC Merch@FOMO21shop·
If Bitcoin had a theme song, what would it be?
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whiteburrrffalo
whiteburrrffalo@wh1tebuffalo·
@BullyEsq @TheArgusApp Been waiting for something like this to replace Blockfolio. Keeps crashing back to log in screen after I created a second portfolio.
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Aubrey Strobel
Aubrey Strobel@aubreystrobel·
Just finished watching No Country for Old Men for the first time. Damn.
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Sage Francis
Sage Francis@SageFrancis·
I’ve settled in for a couple days after the tour and I’m watching the video for #PimpThatNiche…I just have to say that this thing is deeper than I was envisioning when I wrote the song. Give it a gander & have fun connecting all the happy accident dots. youtu.be/rUOTDTLU9n4?si…
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