
TORONTO HODL ๐
@EnjoyingBitcoin
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Jesus Wife & Children Bitcoin Knots
Joined January 2021
I think I understand @adam3us's argument for privacy: Privacy enhances censorship resistance by obscuring transaction details from miners. If all transactions appear identical, censorship becomes more difficult. However, what about spam and on-chain bloat? I think it's still
I assume bitcoiners realize that a well functioning layer1 privacy mechanism would typically make anti-spam filtering information-theoretically impossible. Even the committed transactions proposal from 2013 would have this effect.
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Lopp: Filters bad! Don't censor people! Also Lopp:
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.@LukeDashjr has definitely helped Bitcoin, and shown general immunity to peer pressure - strongly independent minded. Those are very useful traits for an independent developer. I'm glad he does what he does and hope people support him. Bitcoin owes him a debt for work on UASF.
I am now a proud patron of Luke Dashjr on @patreon, and you should be too: https://t.co/O43WFRzIyV Luke may very well be the most knowledgeable person about BItcoin. Among many achievements: he is largely responsible for Segwit activation into Bitcoin (soft-fork design, #UASF)
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Now that Core 30 is released, I want to move on. My priorities: 1. Promote running Knots/Core 29 2. Remove OP_RETURN or revert to 83 bytes via consensus soft-fork 3. Fix inscription/ordinal bug 4. Focus on Layer 2 solutions built on an ossifying Layer 1
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@adam3us Another question: If the goal of Bitcoin is censorship-resistance (via decentralized miners and/or privacy) AND scalability (onboarding billions of people), doesn't it make sense to have an ossifying Layer-1 & build privacy and scalability into Layer-2 solutions like Lightning?
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@LukeDashjr @adam3us Core is undoubtedly the weakest part of Bitcoin.
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ACK this attitude NACK this specific proposal. 80 bytes is enough for everyone.
@BITCOINALLCAPS @MBronens Then letโs entirely remove OP_RETURN with a softfork.
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@ManliusDaVius @Beautyon_ Iโm for an immediate softfork to entirely remove OP_RETURN. I agree that keeping it is an unnecessary risk.
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I know the State may object to my choice to self-custody my wealth in Bitcoin. Iโm willing to accept that risk and fight, since property rights are a moral good & human right. Core 30 increases that attack surface, forcing us to endure additional risk from immoral & evil
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Peter, joy and freedom must stem from understanding the designer's intent. Examples: 1. Rivers bring joy and freedom in the Creator's design, provided they stay within their banks, avoiding floods. 2. Forests offer joy and freedom through the Creator's ecological plan, as long
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@PeterMcCormack @DigiMaestr0 Satoshi warned that arbitrary plaintext on-chain was an accident waiting to happen, and IsStandard existed to guide what gets relayed/mined. Bitcoin's value comes from it being hard to change. Defaults should narrow the attack surface, not widen it.
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I like this idea. MONI Make OP_RETURN Nonexistent Immediately
@BITCOINALLCAPS @MBronens Then letโs entirely remove OP_RETURN with a softfork.
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