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mononaut

@mononautical

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developer, spacefaring primate, international treasure hunter. building for Bitcoin at @BitfeedLive and @mempool Find me on Nostr at mononaut@monospace.live

NGC 2174
Joined April 2021
Don't wanna be here? Send us removal request.
@mononautical
mononaut
4 years
tick tock next block. #Bitcoin
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@mononautical
mononaut
12 hours
the transaction author probably meant to send this BRC-20 inscription to a legacy segwit P2WPKH address instead. and sure enough, if we change the output script to version 0, we get a valid address with an extensive history of BRC-20 activity.
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@mononautical
mononaut
12 hours
this output is version 1, but has a 20 byte witness program, which doesn't match any defined segwit type. that means it can be spent by anyone under current consensus rules (to allow for future soft forks). but doing is non-standard and wouldn't be relayed by most nodes.
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@mononautical
mononaut
12 hours
segwit addresses are defined by a version and a witness program. legacy segwit addresses are version 0, with either a 20 byte witness program for P2WPKH, or 32 bytes for P2WSH. taproot uses version 1, always with a 32 byte witness program.
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@mononautical
mononaut
12 hours
shoutout to the BRC-20 degens still testing in production. (the destination for this inscription is an unknown segwit address type with no defined spending rules)
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@mononautical
mononaut
15 hours
(as expected).
@mononautical
mononaut
12 days
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@mononautical
mononaut
15 hours
▲ 7.96% to 126.27T. last epoch's huge downward difficulty adjustment has just been almost completely erased
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@mononautical
mononaut
15 hours
Ocean is punching well above their reported hashrate today, with 10 blocks in the last 24 hours 👀
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@mononautical
mononaut
2 days
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@mononautical
mononaut
2 days
a new all time high means cashing out another 200 BTC of ancient mining rewards held in P2PK addresses for this mystery miner. HODL'd from ~$8k to over $23m
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@mononautical
mononaut
2 months
someone's celebrating the all time high by cashing in some 12 year old mining rewards 👀. these were were worth around ~$600-$1200 each when they were mined, but over $2.7m each today!
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@mononautical
mononaut
2 days
RT @romkov: ATH is cool and all, but I made a little desk thingamajig. Featuring Bitfeed by @mononautical and Timechain Calendar by @Meditâ€Ļ.
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@mononautical
mononaut
2 days
@mononautical
mononaut
2 days
here's the full text, reassembled from 9,885 separate op_returns đŸ˜Ŧ.
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@mononautical
mononaut
2 days
here's the full text, reassembled from 9,885 separate op_returns đŸ˜Ŧ.
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@mononautical
mononaut
3 days
the weird op_returns in the mempool all trace back to this initial transaction, so it looks like someone is spending about $22k to immortalize some religious screed on-chain đŸ¤¯. ofc it would have been at least 4x cheaper as an inscription.
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@mononautical
mononaut
3 days
the weird op_returns in the mempool all trace back to this initial transaction, so it looks like someone is spending about $22k to immortalize some religious screed on-chain đŸ¤¯. ofc it would have been at least 4x cheaper as an inscription.
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@mononautical
mononaut
3 days
someone just dumped a block or two's worth of weird op_return stuff into the mempool at 5 sats/vb 🤔
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@mononautical
mononaut
3 days
someone just dumped a block or two's worth of weird op_return stuff into the mempool at 5 sats/vb 🤔
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@mononautical
mononaut
4 days
just under 1% of this block by weight is occupied by these Stamps SRC-20 shitcoin transactions, each carrying 70-80 bytes of data in fake P2WSH outputs.
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@mononautical
mononaut
4 days
uh oh
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@leo_haf
LÊo
4 days
Time to bring back the light on my favorite block over the past two years, block 866558. This block has been mined on the data-free block template of OCEAN by @LocoSlug. It was his choice not to let a single inscription, rune, or whatever other shitcoins in his block.
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@mononautical
mononaut
8 days
example 3: 1914 transactions, ~999.8 kvB. A) 38.8 - rate of the 957th transaction.B) 3.09 - rate of the 499.9kth vbyte.C) 3.09 - rate of the 500kth vbyte (same transaction)
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@mononautical
mononaut
8 days
example 2: 7 transactions, 8454 vB. A) 8.44 - rate of the 4th transaction.B) 1.01 - rate of the 4227th vbyte (last big transaction).C) 0 - rate of the 500kth vbyte (empty space)
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@mononautical
mononaut
8 days
example 1: 1800 transactions, ~644kvB. A) 6.98 - rate of the 900th transaction.B) 8.40 - rate of the 322kth vbyte.C) 2.17 - rate of the 500kth vbyte
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@mononautical
mononaut
8 days
The most informative definition of "median block feerate" is the effective rate of:. A) - the N/2th transaction (middle by count).B) - the W/2th occupied vbyte (middle by weight).C) - the 500kth vbyte (middle of available space). examples to follow.
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