Just recovered $11,000 worth of bitcoin for a client who had forgotten a passphrase.
I used btcrecover originally developed here:
But actively maintained here:
I'm tearful.
Someone paying $389 to move $1.94.
547,000 sats to move 2730 sats.
Why?
Because this has nothing to do with Bitcoin and doesn't make any sense from the network's perspective.
People who take comfort that behaviour will remain predictable thanks to economically rational…
Mandatory vax crosses a line.
Telling people they *can't* put stuff in their body (i.e illegal drugs) is bad enough as it is.
But legally forcing people to *put* stuff in their body is a new low.
This absolutely must be stopped.
I disagree with 99% of bitcoin twitter on self-custody.
It is extremely hard to do.
You still need to do it anyway.
Life is hard. We don't help anyone pretending stuff is easy when it isn't.
"Just write down 12 words"
Please stop with this - it's absolute nonsense.
I'm about to sell a larger amount of bitcoin than I have in years because my mortgage will likely become unworkable at my next renewal so I have to take a bite out of it.
Enjoy the incoming rally to $45k or so immediately after I have done this.
I haven't used my credit card since Mexico city airport before flying to El Salvador.
Since getting here and paying the $12 entry fee via lightning I haven't used anything but bitcoin. Not one single payment wasn't done in bitcoin.
This has been incredible - think of all the…
I have decided to start mining at home again.
I don't care if I could have more bitcoin another way.
I don't care if my energy usage looks suspicious.
ESG is a fraud and I will use the electricity I pay for however the fuck I want.
It is extremely easy to fix the spam problem by implementing a couple of fixes to Core's filtration. No consensus changes necessary.
This is why the spammers keep resorting to philosophical whataboutism - "how do you define spam" - "if you can store any data you can store jpgs"…
RFK isn't going to win the nomination, and even if he did, he wouldn't get elected, and even if he did he wouldn't do the bitcoin stuff he's saying and even if he did it wouldn't actually be a good thing.
I think a lot of us are just seeking validation. Cut it out.
This is the most well executed and troublesome attack I've seen against bitcoin to date.
Understanding the various factors and circumstances is extremely difficult.
I don't really plan on elaborating until there's an effective counter measure.
It's amazing how much mud people are slinging at OCEAN.
It's permissionless. >51% of mining is with fully KYC pools.
Maybe fight that battle instead of insisting we include OP FALSE spam?
Paid for everything with
@ZeusLN
connected to my own node via LNC.
Bought an e-sim on so as to have internet everywhere. Used $0.50 of credit so far.
Lightning UX has been absolutely fantastic for me since I got down here. Spent $$$$s and paid ~40 sats…
Been called a spook by Scamorai for years along with anyone else that pointed out the flaw in their design.
Now you have to trust them not to share the data with the feds that they should never have had in the first place.
My sympathy lies with the people they scammed.
It got hotter by 8° since the sun came up today.
One of those degrees was a MAGICAL degree worth a million dollars.
We assigned ownership of that degree to this dude who can now sell it on bitcoin for a bunch of money.
That's how stupid ordinals are.
When >90% of what's going in the blockchain is arbitrary data instead of financial transactions it's a clear signal that something is fundamentally wrong.
Sad truth is these lockdowns are the most fun some people have ever had. It's the first excitement they've felt in years.
They are fearful but exhilarated. They don't want this to ever end.
Collectivism solves the existential crisis of daunting personal liberty.
Vaccinating kids
For a disease they've already had
With a vaccine that doesn't work
That has horrific side effects
Because of the false claim that it might prevent someone else from catching it
.
@saylor
Are you still intending on speaking at this?
I suggest withdrawing asap. The scams that this conference will focus on are harmful to bitcoin in their design and undo years of hard work differentiating bitcoin from a million scamcoins.
This is how much data just got uploaded in that one transaction.
It's fake witness data so it gets a 75% discount despite the original reason for the witness discount being to *prevent the ballooning of the UTXO set*.
However it stayed within the limitations of current default…
Yep, we found a block already.
The generation TX wasn't correct - all the btc will go where they're supposed to of course after ~100 block cooldown. Website confused/will be updated asap.
This is insanely lucky and all the early OCEAN adopters just made a fortune.
Note: I am not forbidding anyone from taking the shots. You are free to do things I consider bad for your health, and I am free to wonder what the fuck you're doing.
UTXO management getting me down today.
I don't understand how people DCA unless they use custodial exchanges and withdraw it all at once.
Else, are you all seriously just stacking a tonne of 0.000x UTXOs? That's gonna really hurt one day.
"We'll give them all shots that destroy their immune system"
"Won't they notice that?"
"Eventually. But we'll just blame it on antivaxxers"
"You think they'll fall for that?"
"Lol. You must be new."
If you're Chinese and your credit score drops too far:
No plane tickets
Lose ability to rent
Can't access credit etc
If you don't want this fucking shit in the west you need to understand what leads to it and do everything you can to stop it.
And you need to start NOW.
Segwit was supposed to encourage the reduction of the UTXO set.
The mechanism by which it was supposed to do that is being abused by spammers and having the exact opposite effect.
Before all this started (~Feb 2023) there were around 89 million UTXOs.
In 14 months it has…
For those not part of the github discussion -
@wk057
wrote:
"The ability to inject arbitrary data into any system in a way that isn't explicitly documented as permitted for an expected purpose of the system is always a vulnerability and always something that should be addressed.…
Ok so "hardware wallet" is the worst term possible.
Signing device is a lot better and what I say, but they also generate mnemonics too, and I don't want to call them a "signing device and mnemonic generator" because I'm already alienating noobs enough.
Anyone?
Just spent two days squished up with 12,000, almost entirely unmasked bitcoiners from all around the world.
Got tested to get back to Canada and I don't know why I'm surprised that it's negative.
This pandemic is such a fucking scam.
Blow this up. Binance changed bc1p to bc1q after saying they'd support taproot and they think it's something that can be resolved on the user end. They have no idea what they are doing and the bitcoins that got burned forever should be repurchased at their expense.
So, this allegedly happened:
1)
@binance
announces they'll support Taproot.
2) User requests withdrawal to P2TR address, Binance creates P2WSH output instead, burning the funds.
3)
@BinanceHelpDesk
blames user for mistake, no refund.
@cz_binance
, you should make that user whole.
Bitcoiners are actually at the level now where they think software's function is literally whatever it ended up being regardless of the initial intention of the developers.
Bugs? Nope, just rewrite helper files.
Spam? No such thing. A protocol can only be used, never abused.
Why is bitcoin not a shitcoin?
Ability to run a node.
Platforms that make it simple to run a node.
Culture that encourages people to run a node.
The fact that many people run a node.
There are other factors such as "immaculate conception", first mover advantage (though it…
@bitgidie
Bitcoin does have a "security budget" dilemma, its just not the one Udi and Eric blab on about
It's actually the cost to run a node
The higher the budget required to purchase the hardware needed to run a full node, the more centralized--and thus the less secure--the network is
Respect to
@MrHodl
for just straight up asking.
Pretty sure most bitcoiners that characterize spam filteration as a cEnSoRsHiP have yet to do this (or know and are just lying).