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@hugomofn
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Founder @nunchuk_io. I chain, therefore I am ⛓️ Nostr: npub1qp302p7ry80x8xpcafm4d4szpxvzy8r70lyveg39gk0xgycwu35s06yn58
Joined April 2012
RT @GuardianBitcoin: Bitcoin is indeed "pristine collateral". If you are thinking about a bitcoin backed loan then follow Zone21 and read t….
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RT @FractalEncrypt: I think this is a really cool idea! .Slightly modified it. Thoughts? What's wrong here?. 1️⃣ Create a 2-of-3 multisig….
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RT @COLDCARDwallet: TAPSIGNER keeps things simple. ✅ Easy to use.✅ Secure to sign.✅ Perfect for mobile & multisig. Tap. Sign. Done. https:….
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RT @teortaxesTex: I think Grok 4 is the first new-generation model, a fruit of all those insane GPU buildouds in the US. (Grok 3 couldn't s….
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RT @debificom: Just out of Beta and already ranked #2 with a risk score of only 36. Big thanks to @Zone21BTC for the solid analysis. #Bitc….
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RT @Zone21BTC: Special report: Bitcoin-Backed Lending 2025—Decoding Cost, Control & Hidden Risk. We size the US $14 B market, compare CeFi….
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RT @Zone21BTC: Now live on Zone21: Fully Customizable Risk Model. • Drag sliders to adjust factor weights & penalty points.• See Bitcoin lo….
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RT @Zone21BTC: Binance Flexible Rate Loan is now on Zone21. Risk score 90 (Critical). Rehypothecation, in-house custody, self-attested PoR….
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RT @LynAldenContact: @TuurDemeester @BitPaine They did seize it outright, though. The Gold Reserve Act of 1934 forced the Federal Reserve….
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RT @TheGuySwann: @UnderCoercion There are a handful of tools that actually make it super easy. My setup with @nunchuk_io is so simple that….
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So many of these Bitcoin lenders are sketchy AF. Nexo offers you “discounted” rates but only if you buy their shitcoin token (NEXO), and they can revise rates during “extreme market conditions.”. Their LTV calculations use a “proprietary algorithm.” C’mon bro, it’s literally a.
Nexo BTC-backed loan now on Zone21. Risk score 72 (High). Discontinued proof-of-reserves, unrestricted rehypothecation, pooled custody without bankruptcy-remote segregation, and an opaque in-house oracle are major concerns. Full report:
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RT @BTCsessions: Set up Bitcoin inheritance without giving up control. @nunchuk_io Honeybadger uses NO-KYC assisted multisig to secure you….
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Proper multisig is the most RATIONAL thing to implement if you want to pass down wealth to your children and grandchildren. You can dislike particular multisig IMPLEMENTATIONS, but it’s still the most rational thing to do. P.S. Passphrases can work if you know what you’re doing.
As far as engineering/security standards go, BIP39 passphrase is one of the worst ones ever created. Normal humans have NO CHANCE of not screwing up something as tricky as a passphrase. Is is both lazy thinking and irresponsible to recommend to the average users.
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