Iran and Russia Embed Drones Near Civilians, West Hesitates
If Iran hasn't already, they're going to put drone production in and next to schools, hospitals, etc. Russia already makes a point of having 14 year olds work in their drone factories. Blowing that up won't be so easy given the suicidal empathy of the west.
Ukrainians' Vigilance Thwarts Spy, Shows Collective Counter‑Intelligence
Good read about real-life counter-intelligence work: https://t.co/vo0s5eCx9F Notable points: 1) @AshtonCirillo immediately reported Noma's attempt to contact to his superiors. That was critical in making the spying fail, and keeping Sarah out of trouble. Ukraine puts a lot of effort into reminding...
Governments Censor Data, yet AML/KYC Exposes It
Governments all around the world have tried to censor access to this kind of data. Hilarious that their own AML/KYC fetish is revealing it anyway.
Rootstock's Merge‑mining Scheme Proved a Bitcoin‑draining Scam
😂😂😂 Rootstock was obviously scammy from the beginning. Not to mention, their merge-mining plans were obviously harmful to Bitcoin itself. No surprise they'd rugpull investors.
Phoenix Wallet Proves Banking Can Be Effortlessly Simple
"That was it?" "Yes." "Ok. Banks can go fuck themselves. That was a lot more simple than I thought it was. Incredibly more simple." ^ Me showing a friend @acinq_co's Phoenix wallet for the first time.
Bitcoin Art Evolves: Physical Pieces as Proof of Work
They asked me for a comment; the provenance is secured with @opentimestamps As a 'OG' bitcoiner it's amazing to see Bitcoin grow up so much that Bitcoin artists are doing retrospectives. And in this day and age of AI, physical art...
Swiss Gold-Backed CBDC Would Win Over Critics
Good riddance. If Switzerland did an AML/KYC CBDC 100% backed by gold, presumably these idiots would be all for it... https://t.co/3KgFM5Kj2t
Witness Replacement Needs Simple Fee-Rate Increase Rule
Ah! Sorry, I missed the “without all or none” bit. I don't think that's blocked on cluster mempool, as witness replacement is a particularly simple case of replace-by-fee-rate. It only increases the fee-rate, without decreasing the fee. So we can just...
Cluster Mempool Concerns Transaction Relationships, Not Taproot Annex
@reardencode @theinstagibbs Cluster mempool has nothing to do with taproot annex support. It deals with the relationships between transactions. Not their contents.
Knots Undermines Bitcoin Security and Decentralization
Why Knots is an attack on Bitcoin:
Wizards Launch New Inscription Standard for BIP‑Knotzi
The wizards created a new inscription standard in honor of BIP-Knotzi. 😂😂😂
Lightning From Day One Could've Avoided Bitcoin's 5 Tx/S Limit
Craig Wright is pissed off that I was talking to @adam3us and @halfin when I was 15. He says it led to Bitcoin being crippled with a 5 tx/second limit. True. Maybe I was spending too much time chatting instead. I might...
Criticizes Restricting Bitcoin Use‑cases over Inheritance Risks
What a ridiculous attitude. “Please limit your so-called ‘use-cases’ for Bitcoin. We can't guarantee that we won't ‘break’ things like cold storage for inheritance.” https://t.co/TxLaAzAdwp
Disabling OP_IF Won’t Stop Data Publishing, Signals Authoritarian Control
N.B While we haven't actually seen this on mainnet much, the fact that it's a likely pattern for things like inheritance and corporate succession means there is a high likelihood that people have funds that will be using OP_IF in...
El Salvador Adopts Bitcoin Timestamps; Governments Should Follow
The El Salvadoran government is pioneering the use of efficient, @opentimestamps based, Bitcoin time-stamping. All governments should be doing this. If you are archiving data, why aren't you time-stamping it?
Storing Offline Wallet and Passphrase Together Is Foolish
“Not everyone is luke-jr whose security practices are to keep a copy of his 'offline' wallet on an online system with a copy of the passphrase for it just stored in a file next to it.” - gmaxwell 🔥🔥🔥 https://t.co/jPNHtwJyW6
Git+OpenTimestamps Adds Bitcoin-Backed Data Integrity Layer
With respect to data integrity, git+opentimestamps is a second layer protocol built on top of Bitcoin. https://t.co/0VMsPbetaH
BIP‑Knotz Futures Add Chain‑Split Outcome, Shifts Pricing
Note: these on-chain BIP-Knotz futures are _not_ binary futures! They actually have _three_ possible outcomes. 1) Win 2) Lose 3) Chain Split In the third option, a hash power minority mines enough blocks that Knots splits off into a separate currency. In that...
Lightning Payments Are Essentially Signed Bitcoin Transactions
Every Lightning transaction is _literally_ a Bitcoin transaction: the underlying HTLC is implemented by offering your counterparty a signed Bitcoin transaction that would allow them to collect money on-chain if needed.
HTLCs: Lightning’s Core, Future Bitcoin Adoption Pillar
> The consensus was the future of Bitcoin adoption will be built on Lightning. This surprised me a bit. I think people really underestimate how fundamental an advancement HTLCs are. We will probably still be using HTLCs in 100 years (or...
EU Sting Operations Threaten Bitcoin Retail Adoption
This attitude is very wrong. The EU can do sting operations to enforce this. If they do this, it will crush retail acceptance of Bitcoin in the EU, and among all companies with EU exposure. "Cypherpunks write code" is an idiotic ideology....
Set
This is extremely cool. Also it'll probably be totally useless as I highly doubt that Luke and Mechanic are actually confident enough to bet money... BTW, you can make the odds something other than 50:50 using pre-signed transactions as covenants.
Bitfinex May Reignite Block Size War with Split Tokens
It's gonna be so awesome if Bitfinex repeats the block size war by creating a market for ₿ split into ₿ and Knotz tokens.
Cashu Missing Blocksize Limit Enables Unlimited Data Uploads
Actually the Cashu exploit is even simpler: they forgot to implement the Cashu equivalent of the blocksize limit. Obviously, it there's no limit at all, there's no economic disincentive to uploading an infinite amount of data. Like blocks have a size limit,...
Fund a 4x4 for Ukraine via Ark Wallet
Some friends of mine managed to fundraise a used Ford 4x4 for Wild Division. They already have the vehicle, and a volunteer driver. We're just trying to get another ~500€ to pay for the ferry and gas to Eastern Ukraine. So...
Samourai Wallet Accused of Logging Xpubs, Facing Fraud Claims
I disagree. If it is in fact true that Samourai Wallet was logging xpubs, they should go to jail for that crime. It's fraud to claim something had privacy when it did not. Doubly so given the scale of their FUD...
Only 9% of Outgoing Nodes Run V30
I've been testing v30 adoption on outgoing, listening, nodes from the point of view of a fresh node connecting to outgoing peers in the usual way. I'm also seeing about 9% v30.
Luke Dash Misunderstands Lightning, Thread Exposes Knowledge Gap
This thread between @adam3us and @lukedashjr is very revealing. Luke does not understand how Lightning works. WTF. https://t.co/RZKWifrXpl
US Government Blocks Custodia’s Safe, Non‑Lending USD Custody
The backstory here is nuts. tl;dr: Custodia just wants to custody USD directly. They want to store USD without lending it out, for a small fee, to ensure that your USD is completely safe. Obviously, a totally safe option would be good...
Old Script Upgraded to Full BIP‑444 Compatibility
Done with a decade old script that doesn't even use segwit, let alone taproot. 100% standard and fully compatible with @LukeDashjr's BIP-444.
New C‑SCAM Attack Exploits Censoring Reorgs for Double‑Spend
This is actually going to create a new “C-SCAM” attack: if you want to cheat on an exchange, do a deposit and simultaneously do a transaction with some “cheese-pizza” image in it. If it confirms, withdraw from the exchange, and wait...
BIP-444 Enables C‑SCAM Censoring Reorg Double‑Spend Attack
This. BIP-444 creates a “C-SCAM” attack where you use censoring reorgs to double spend.
Luke Claims Legal Threats Will Force Soft‑fork Adoption
Luke is being very clear the the expects his soft-fork to get adopted due to legal threats. https://t.co/17lkaxKnz1
Looking for Trezor Purchase Options in Lugano
Does anyone know where I can buy a Trezor in Lugano? They don't seem to have a booth at the @planb_network conference. :/ Asking for a friend.
Discovery Claim: Satoshi Identified by PlanB Network
Found Satoshi @planb_network https://t.co/FcziA55JVa
Lightning Requires On‑Chain Proof of Arbitrary Data Publication
“Concretely, let’s start with this trivial example: breach transactions in Lightning publish hashes on chain.” Heh, I was using that exact example with someone the other day. It's a good one. Lightning absolutely needs proof-of-arbitrary-data-publication to work.
Signal Should Add Bitcoin; MobileCoin Is a Flop
https://t.co/hYvF1puD5U I'm one of the judges who gave this project a well-deserved first place at the @btcplusplus hackathon. I've been wanting to try MobileCoin. But it's such a failure I can't even buy any. @signalapp needs to accept reality and just add Bitcoin...
Make Expired UTXOs Removable to Prune Bitcoin's State
A much better idea is to make UTXOs eventually become undependable, allowing them to be removed from the UTXO set. E.g. zero value UTXOs could last a year or two (CSV timeouts have similar max time-frames).
New Consensus Rule Caps Bitcoin Withdrawals per Block
Re: hourglass, you can limit rate of ₿ withdrawal by making the consensus rule be that only one output is allowed to have a different scriptPubKey, and that output can have a maximum N ₿ value; other outputs have the...
Bitcoin Users Must Embrace Cash Payments for Stability
Bitcoiners paying with cash. This is something that needs to happen a lot more often. Without cash we're all fucked. https://t.co/OSNMCoTRiy