The below is an off-site archive of all tweets posted by @lopp ever

December 6th, 2015

“From the user’s point of view, bitcoin fees are hard to understand and predict. Fees are disconnected from value.” @jgarzik

via Twitter Web Client

@kevinriggle @josephfcox Nope, users and industry don’t enforce a consensus on monetary policy. Only Federal Reserve & banks do.

via Twitter for Android in reply to kevinriggle

“We can bootstrap the Lightning Network by defaulting to opening channels instead of regular bitcoin txns.” - Joseph Poon

via Twitter for Android

“With cooperative parties it’s possible to close a Lightning Network channel & open a new one in the same txn.” @tdryja

via Twitter for Android

bencxr Minimum viable lightning network will be workable next week when OP CHECKLOCKTIMEVERIFY activates! - @tdryja

via Twitter Web Client (retweeted on 8:43 PM, Dec 6th, 2015 via Twitter for Android)

“There are several different levels of Lightning Network that may be deployed, depending upon available features.” - @tdryja

via Twitter for Android

This is huge. Segregated Witness is shaping up to be a giant leap forward in the evolution of the Bitcoin protocol.

via Twitter for Android

“Segregated Witness allows us to soft fork a block size increase.” - @pwuille pic.twitter.com/xELXGgQ5Ia

via Twitter for Android

“Segregated Witness will also enable us to compactly prove miner subsidy fraud & spending of nonexistent outputs” - @pwuille

via Twitter for Android

“Script versioning enables us to deploy script changes as soft forks w/o being restricted to redefining OP_NOPs.” - @pwuille

via Twitter for Android

“I dismissed Segregated Witness as a solution until recently when Luke-JR found how to soft fork it into Bitcoin.” @pwuille

via Twitter for Android

“Segregated Witness offers many advantages, including fixing unintentional malleability.” - @pwuille pic.twitter.com/BxajUDExAz

via Twitter for Android

“Signatures don’t effect a txn other than proving that it is authorized, but they comprise 60% of blockchain.” - @pwuille

via Twitter for Android

“Segregated Witness is about ignoring transaction signatures when possible bc they’re only needed by full nodes.” - @pwuille

via Twitter for Android

Nakamoto consensus is a proxy for meatspace consensus. If something’s wrong, we fall back to meatspace consensus, patch code, and carry on.

via Twitter Web Client

@josephfcox In reality, no group has control over Bitcoin due to the checks and balances between devs, miners, exchanges, industry, & users.

via Twitter Web Client in reply to lopp

@josephfcox Centralization has many measures; you could make same claim about the development team but the claim would have the same flaw.

via Twitter Web Client in reply to josephfcox

4) No, there were no women on stage. I won’t try to explain why, but I do know that the Bitcoin protocol doesn’t discriminate.

via Twitter Web Client in reply to lopp

3) Risk of Chinese govt seizing hardware to censor Bitcoin seems low; it has similar problems to collusion. Devs would detect it & react.

via Twitter Web Client in reply to lopp

2) No, miners aren’t going to collude to censor Bitcoin — they’d be shooting themselves in the foot & wasting $Ms of capital investment.

via Twitter Web Client in reply to lopp

Regarding the photo of Bitcoin mining companies:
1) Yes, more mining decentralization is preferable; it’s one reason I support @21’s vision.

via Twitter Web Client

.@threekeysg developed UTXO selection software capable of targeting different objectives! pic.twitter.com/E0NBjikuBz

via Twitter for Android

On stage right now: people representing approximately 90% of the Bitcoin hashing power. Truly an historic moment. pic.twitter.com/bKSuvGfzam

via Twitter for Android

“Bitcoin nodes with Intel Atom CPUs or that are located in China can’t currently handle 9MB blocks.” - @jtoomim

via Twitter for Android

“Delay attack can blind a victim node for 5 consecutive blocks with 40% success rate, enabling double spending” @HatforceSec

via Twitter for Android in reply to lopp