Thread

Perhaps we all have PTSD? 😂 Let's be honest, when you spend over a decade fighting your corner from all angles, everything starts to look like a threat.

I think this is true. I also think the #1 threat to Bitcoin today is core devs being co-opted. Even if you don’t agree that’s what happened with opreturn, it highlights what could happen with more controversial changes.

Core smells really bad lately. Run Knots and we're all good 👍

Totally agree with the sentiment Slow and steady winds the chain

Isn’t it that if the majority of nodes reject a block, the miners won’t get to put it in the blockchain ?

Mining pool centralization is something that's been on my mind lately. I have an idea on what might work to decentralize mining which I've written in this post, although I'm admittedly not a developer so I don't even know if it would be able to be coded. Would love your opinion on it! nevent1qqsz6h2wfk340kwwrn8z8zeex4vjjywe4c9fwu58p0xxp0w0r6cc53gzyzmul4rjl7grgs0vdn24hdgxl96yyydxu689y5jagfz9z6da5ql45qcyqqqqqqgmhclf6

I share your optimism about Bitcoin’s current state. The Core developers are doing solid work, and the ability to run Knots or fork the codebase ensures Bitcoin remains resilient and responsive to community needs. While mining pool centralization is a concern, the network has mechanisms like fee incentives to counteract potential issues, which helps maintain its robustness. CTV+CSFS seems like a practical upgrade if it gains traction. Bitcoin’s foundation is strong, and these developments only add to its potential.

Frogs being boiled slowly and your favourite influencer is one of them. View quoted note →

I totally agree with you. I’ll repost this in Korean.

요즘 도덕적 공황에 완전히 몰두하는 게 유행이지만, 저는 비트코인이 현재 기술적으로 좋은 위치에 있다고 생각합니다. 저는 낙관적입니다. 코어 개발자들이 좋은 일을 하고 있다고 생각합니다. 그리고 사람들이 코어를 좋아하지 않으면 Knots를 실행하거나 포크할 수 있어서 다행입니다. 그게 비트코인을 튼튼하게 만들고, 유용한 시장/채택 신호를 제공하는 부분입니다. 마이닝 풀 중앙화는 이상적이진 않지만, 네트워크에 더 방해가 된다면 사용할 수 있는 선택적 도구들이 많고, 경제적 신호(예: 검열된 거래에 대한 높은 수수료 가능성)가 바로 그 상황에서 문제를 해결하는 데 도움이 되도록 존재합니다. 현재 기능은 훌륭하다고 생각하지만, 사람들이 그 주변에서 합의를 이룬다면 CTV+CSFS가 그 위에 추가로 합리적인 업그레이드라고 생각합니다. 가끔은 해가 떠 있죠. ☀️ View quoted note →

Lyn, I have the utmost respect for you and your opinions. I find you deeply thoughtful and thorough. My questions to you are how do you square with the fact that Core Devs have deleted dissenting voices on the GitHub? And that they allegedly are pushing this change out in an unprecedented fashion? I don’t understand the technicals well enough to weigh in on the debate of whether or not the changes are good, but the behavior that I’m witnessing smells really funky to me…

since you are expert and said bullish then i am bullish too .

BULLISH View quoted note →

Good luck with that.

I totally and whole heartedly disagree with the "if you dont like core then fork off" mentality. That is not what makes bitcoin decentralized. What makes bitcoin decentralized is not having to agree with Core, not having to run their software while still remaining on chain. If you create an ecosystem where if anyone disagrees with Core, they have to fork off, you've created an ecosystem where the Core team is the central authority of Bitcoin. Core is not Bitcoin, we are Bitcoin. Regardless of whether you are in favor of the recent merge, the fact that they went against their ethos of never merging controversial PRs, this should concern you. Its only a matter of time until they decide to push something you dont like, and I dont think you should be told to fork off for disagreeing. You and I both know very well that even if a fork were to be objectibely better, it would not succeed because of Bitcoins network effect so its a nonargument. Bitcoin is not decentralized if Cores word is final and all who disagree must fork off. That is absolutely no different from Vitalik saying ETH is not proof of stake, and all the plebs running the old version or mining eth are now on a different chain, deciding for everyone that PoS is the nee and official ethereum. It is no different if we create an ecosystem where Cores word is law and all those opposed must fork off. I should clarify this has little to do with the content of the merge itself, but more so the act itself of pushing it, along with their totally unconcerned attitude coming off as though they really don't care whether or not Bitcoin succeeds because they got their check and thats all that matters has given me a bad taste, so its nice knowing that their are alternatives to Core while remaining on chain. I dont even care if its the exact current code copy pasted, so long as its not managed by the current Core team.

You’re inside the castle watching the drawbridge being pulled up. “So long suckers.”

@Lyn Alden with her FUD busting sledgehammer. Onwards. 🫡

GM ☕️🫂 View quoted note →

Silencial Payments. Bitcoins will be like gold. Más no menos, menos no más. SI HACE MENOS NO MÁS MEJOR. Vamos a intentarlo en Eurvpa. La jk es i. La ge es o. Me han dado drogas malas, él pis si está ilsvx más o menos va y tira bien. En él pecho, eeeeeeeee. Polio… by the medics, psychriaty. (Never oingoing to never be xd). Is the truth.