“The paradox of education is that as one begins to become conscious one begins to examine the society in which one is educated.” - J Baldwin
@Satoshi_N_ Seek the Tao of Bitcoin
@Jim_Harper @kristovatlas @Falkvinge Yes, a new node could check their work, but the question becomes “at what cost?”
@kristovatlas @Jim_Harper Sure: if there are only a dozen nodes to connect to as opposed to thousands, it’s much ea… https://t.co/dePLJjEjfp
@Jim_Harper Changes from full verification model to SPV model which basically assumes hashrate & full nodes aren’t… https://t.co/bRng31legp
Technically correct… for a specific definition of “function” wherein Bitcoin’s security model changes drastically. https://t.co/FvX3v53sVV
@Satoshi_N_ Are you suggesting that the author of A Cypherpunk’s Manifesto would sue Bitcoin companies for using Bitcoin protocol features?
@Satoshi_N_ There’s nothing to debunk because none of the claims have been substantiated.
@nvk Still doable - you just need a Redis cluster now! 🤔
Back in my day you could load the whole blockchain into RAM! H/T @nvk pic.twitter.com/8nMbCmftpG
Some folks complain about hostility in Bitcoin, but it’s often just the ecosystem’s immune system kicking in. https://t.co/65ETiBfQB3
The effort required to refute BS is 10X that required to create it: this is a recipe for asymmetric time attacks. Don’t fall into the trap!
@VinnyLingham @rogerkver That’s understandable; IMO the burden of proof should lie with the person making the claim.
It’s easy to scare people with patent FUD; years ago the armchair lawyers on social media convinced folks that BitG… https://t.co/kmWsulLYwl
@VinnyLingham @rogerkver All I see here is a spew of legalese in an attempt to overwhelm analysis. I see no logic e… https://t.co/pQwOD79LhN
@brianchoffman @AlpacaSW I’m seeing a 2 minute video with 3 minutes of black appended to it.
@brianchoffman That’s a lot of darkness appended on; are you trying to signal something?
troyhunt Just blogged: Reckon you’ve seen some stupid security things? Here, hold my beer… troy.hn/2oSiP9r
Adversarial thinking makes open networks stronger. Cynicism is a contagion that makes them weaker. Don’t confuse the former with the latter.
Most. Bittersweet. BTC. ATH. Ever.
@gigq Yeah, that’s a matter of perspective. One man’s remote administration feature is another man’s exploitable back door.
@gigq I think the question is not what it’s for as a feature but how it can be exploited as an anti-feature.
Oh my; the drama continues. antbleed.com
May 22 at #Consensus2017: 5 men enter, 1 scalability solution leaves! https://t.co/GALZ0Q12MI https://t.co/FIOresq3LH
Aw, snap; @realDonaldTrump was right about voter fraud! And these criminals are getting off scot-free! https://t.co/gJNG6wzUWD
Congratulations to Litecoin and @SatoshiLite on locking in Segregated Witness activation! segwit.co/ltc pic.twitter.com/zIi8SCfTfb
A human’s node is their financial castle. https://t.co/QGfGVKHYKe
RT @TuurDemeester: Another milestone of stagnation on the road towards Bitcoin’s agonizing death. (Seriously, check out FIBRE at https://t.…
@socrates1024 So you’re saying there’s a chance…
We’ve got at least a few more years before we need to worry about Terminator style bots. https://t.co/CX9ELj7tKT
Hard fork problems. https://t.co/ZJo5SjyG64
This tweet triggered Poe’s Law at a level I’ve never seen. https://t.co/jFs8H0xXGs
@deadalnix Definitely satire. pic.twitter.com/AeJdWqB7fI
@AlpacaSW @notgrubles @nvk @Xentagz It’s not a real node unless it has 32GB of RAM.
@EvanFaggart @bitsonlinecom Perhaps a few hundred due to that. Some could be due to node operators that don’t actua… https://t.co/6jYTHpFOZ4
RT @bergealex4: I just published “The Mining Delusion†https://t.co/Uzs2FQjcBp
@mecampbellsoup I think the shorter one is just the key fingerprint; commands should be equivalent.
Confession time: I lobbed the RAM grenades earlier. Core nodes were sufficiently armored to repel the shrapnel. All… https://t.co/EqLuXRZ8oP
Most Bitcoin users don’t care how it works, just that it does. It’s up to engineers to push complexities under the hood of secure software.
New Bitcoin Unlimited version incoming after 75% of nodes crashed overnight due to memory leak. https://t.co/yc4cHTffZD
@AlpacaSW Wheated whiskey, preferably.
@AlpacaSW Indeed, but in my opinion it’s far too sweet. https://t.co/e7o6u4Enxe
@AlpacaSW Oh, you can get alcoholic ginger beer… I’m drinking it right now!
If ginger is commonly used as anti-nausea medicine then you can drink an unlimited amount of ginger beer without getting sick. #TrollScience
@Kosmatos IIRC: @bitcoin_wallet, @GreenAddress, @SamouraiWallet, and @DigitalBitbox support it.
@Kosmatos You don’t have to use the wallet functionality in the node in order to back wallets with your full node.
Common misconception: Bitcoin nodes aren’t paid/incentivized.
It’s other way around: you run a node b/c you want to verify you get paid BTC.
@orionwl @hrdng Hm, can you take a look at this thread? https://t.co/2lTSo3WAQa
@bigstonebtc It can’t (currently) accept incoming connections / relay much data. This should be improved eventually.
@MrHodl If you point an SPV client at your pruned node, I’m pretty sure it won’t work.
@hrdng But they don’t accept incoming connections, right? Drastically reduces relaying.
If you run a pruned Bitcoin node and don’t use it as a wallet, you’re just wasting resources. Pruned nodes don’t support network health.
@Satoshi_N_ Is that you, Craig?
@Satoshi_N_ Bitcoin doesn’t care about words written down by agents of nation states.
@tricameral @twobitidiot You can add users to your @BitGo wallet with permission levels of admin / spender / viewer… https://t.co/SoYMpNQ91x
You can lead a Bitcoin user to smarter fee estimates, but you can’t make them adopt.
@twobitidiot Maybe we should develop a Big Red Button mobile app 🤔 https://t.co/xefVzwWz6h
LUDAAAAAAAAAAAAA! https://t.co/CJag6dfDBV
@zooko @ComputerVisiony Heh, I’m in the worst shape of my life right now, recovering from foot surgery in February.… https://t.co/NF5ECHeZMj
BITCOIN SCALING DEBATE pic.twitter.com/W6i5wda91L
For evidence, see top post on /r/btc right now: https://t.co/aU8GNPjuUt https://t.co/PxH2tCK2Yu
RT @brianchoffman: If you thought I wouldn’t dare parody my own video you were wrong. https://t.co/BdpmJwmImW
@brianchoffman I think main point is that it’s not a cohesive organization and as such can’t be represented by anyo… https://t.co/pVIvvEjZRg
Developer reports trading exploit to his bank. 8.5 years later after no resolution, he decides to break the NDA. https://t.co/GGZXZafbg2
Great presentation from @pamelawjd on estate planning for digital assets. https://t.co/oWhxNeGtmd
@aantonop @CoinJournal @kyletorpey @pamelawjd Years ago I wrote about what I consider different asset Tiers and the… https://t.co/JxjncBf22L
Note to self: declare income from @21 Tasks on next year’s taxes. I can see this catching on for experts to easily monetize their knowledge.
Open Source Software translation:
“Pull requests welcome” == “Our priorities differ; only way to ensure X gets done is to do it yourself”
You too can become a professional Bitcoiner! DM me if you see an opening that interests you: https://t.co/N8Zy6SFUEk https://t.co/BGheYZx7JA
@msdev @NicolasDorier @reddit All four threads acquired the same lock. No bueno!
@De5calante Sure, possibly. If they have proven engineering prowess then you need to decide their honesty - the lik… https://t.co/lEqUSOesgA
@De5calante Even /if/ the idea is good, it’s often impossible to perform sufficient due diligence on the team promi… https://t.co/AghVUDAh9z
More and more ICOs are asking me to “advise them,” but when my advice is “this is a bad idea” they no longer want it… 🤔
NinjaEconomics This Italian Bank Accepts Wheels Of Parmesan Cheese As Collateral For Loans on.digg.com/2pqlNTh
4) As it stands today, about 20% of the connection slots on my well-connected full node are taken up by SPV clients. pic.twitter.com/umtN2T3e1i
3) Without a high number of reachable full nodes, SPV clients will stop working due to connection exhaustion on the few remaining full nodes
2) Aside from the common counterargument that SPV security isn’t perfected (full nodes can lie by omission) and SPV privacy is a joke…
1) Some claim that it’s fine for only miners / large enterprises to run expensive full nodes because the rest of us can use SPV clients.
Considering submitting BIP to switch Bitcoin to a Proof of Whine mechanism. Whine seems to be exceeding work lately; it may be more secure.
@saifedean @VinnyLingham My recommendation: https://t.co/O4VYWfWiVp
One more reason to avoid registering Internet-connected devices under your true identity. https://t.co/929LzGKOMo
@angela_walch @iang_fc This issue is near & dear to my heart; I was a TA for a computer ethics course in college. T… https://t.co/M1tA9k6NnA
@TaylorGerring Time will tell!
From one perspective it could be appropriate to call Bitcoin @ButtCoin given that many shitcoins emerged from it. ðŸpic.twitter.com/TBAovQkwmPwmP
@BlockInTheChain @joonasilm I had same reaction, though trying to change from ungoverned Core to formalized governa… https://t.co/36QBiy6sYK
@BlockInTheChain @joonasilm One person’s attack on Bitcoin is another person’s defense of Bitcoin. 🙃
@TaylorGerring Much more likely that new proposals are ignored but sure, there is a high bar for changes. Some see… https://t.co/RtUq5HGxV3
@Awyee707 Because some full nodes are used by hundreds of thousands of people (large enterprises) while others only serve a single user.
@Awyee707 Not all nodes have same economic weight. I manage BitGo’s fleet of nodes and can assure you we have made significant investments.
@Awyee707 Because nodes are the entities that decide whether or not to pay miners.
@TaylorGerring Of course not; the Borg have a leader. https://t.co/PQXjfQLP58
Try to improve Bitcoin w/consensus: get rewarded w/more valuable BTC.
Try to improve it w/o consensus: get penalized w/a damaged reputation.
Traditional thinking leads people to assume Bitcoin Core is an entity with which they can negotiate / compromise. This leads to frustration.
Reddit admins thought for every negative person there would be thousands of positive people — and they were right. https://t.co/C7HKJS0ziv
@joseandreschl @rogerkver @coindesk Ah yes, it’s the one pinned on my Twitter profile 😀
Watching a number of prominent Bitcoin professionals burning bridges lately… it isn’t too late to grab an extingu… https://t.co/dBT3hREv6n
@TaylorGerring Evolve or perish. https://t.co/WZOCssgcgJ
Great insights from @Rachaelbn on the complexities of the American health care system. pic.twitter.com/ofyMxsdrx7
If Bitcoin doesn’t work well for your use case, it’s easier to use an alternative technology than to try to change… https://t.co/n7hRrpacou
Answers to common Qs:
* No, I can’t send BTC out of your BitGo wallet.
* No, I can’t cancel that transaction.
* No, I can’t pump your ICO.
Bitnodes & Bitcoinstats show significant decreases in block propagation time over past year.… https://t.co/X6xNmzAoBh
The vilification of __________ is evidence that Bitcoin eschews even the slightest hint of centralization of power.
Bitcoin is the lowest common denominator of all our desires for what it should be.
@AudunGulbrands1 Cool; added.
jfnewbery @Excellion I knew core were corrupt the moment they implemented BIP42 and destroyed Satoshi’s vision of an infinite money supply.
@britesense Yep, I covered the dogma problem in my last article: https://t.co/qq1wHVuNiP
@el33th4xor “These results should not make anyone worry, because there are worse problems in Bitcoin block verification…”
@datcryptodough @mikeinspace Why yes, that is the MS3. Good eye!
Building the Bitcoin protocol based upon Satoshi quotes is like building a Tesla Gigafactory based upon Henry Ford quotes.
“We must follow Satoshi’s vision and increase the block size!”
“We must break Satoshi’s vision and create a competing implementation!”
Regardless of your religion, remember that Jesus was a pretty nice guy who was executed by the Roman Empire for being an enemy of the State.
Arguing about the future of Bitcoin is just a fuzzy meatspace signaling mechanism. Some signals are more reliable than others.
@brianchoffman Not much else to do - everything is closed!
Twitter tip: the larger your vocabulary, the greater compression rate you can achieve. The right word can be worth a thousand words.
Great code never dies, it stratifies. Today we stand upon the shoulders of giants. Tomorrow, our ancestors stand upon us.
@SatoshiLite Indeed, though the BU narrative was that everyone could run a full node and decide their own block size limit. 😂
@olivierjanss @TraceMayer @rogerkver You are correct, sir! https://t.co/qq1wHVuNiP
Satoshi’s whitepaper describes an idea that was later brought to life (after mistakes made & lessons learned.) It doesn’t define Bitcoin.
Upgrading from Android 6 to 7 doubled the battery life of my Nexus. Amazing how software efficiency improvements can reduce hardware needs.
@flyosity I’d mine Ethereum or Zcash. You could also possibly generate vanity addresses. Not sure about non brute f… https://t.co/Aw7TWqZirM
It takes ~40,000 kilowatt-hours to mint a block, yet this power can’t overcome a few lines of code being run on a 4 watt Raspberry Pi.
We may have finally found threshold at which /r/btc rejects the philosophy that Bitcoin should be ruled by miners. https://t.co/vw8rFXkB1f
In retrospect, this is in line w/the philosophy that brought us “Emergent Consensus” - miners should rule Bitcoin. https://t.co/QSKDYT9t7o
Shopping for vehicles to improve the mobilization of the Bitcoin infantry. This should be a good start before upgra… https://t.co/o1cqpJby2v
@jimmysong They need the former in order to turn their desires into reality.
@theonevortex Right, I’m speaking about them. I think you implied a prepended “all” on that tweet.
Frustrated Bitcoiners are desperately seeking leadership. Some look to new dev teams, others look to miners. They’ll end up disappointed.
No True Scotsman fallacy. Let’s elevate the conversation, please. https://t.co/QSKDYT9t7o
The Elephant represents Bitcoin and we, we are all blind. Hopefully some day we shall see clearly. pic.twitter.com/rtCZrCJrYJ
@masonic_tweets That plate belongs on a supercar.
Bitcoin war strategies are still evolving, but thus far trench warfare with the occasional DDoS charge appears to be favored by Generals.
@fahmyeu Bitcoin addiction - it’s a debilitating disease. I don’t recommend it.
This Bitcoin war is far too disorganized. We can’t even deploy the artillery because it would likely result in friendly fire casualties.
@ryanxcharles @twobitidiot If you’ve got such a problem with forum administrators abusing their power, why don’t you… oh, right.
@el33th4xor @socrates1024 Erm, you’d have to be DoS’d for a lot longer than a few hours for someone close your… https://t.co/l87XvHQJGb
@el33th4xor @adam3us @rogerkver I don’t think anyone’s arguing against that, but neither are those complexities the… https://t.co/VHjPnpXTWR
@mecampbellsoup Becoming slower, missing data, invalid data…
@Excellion @twobitidiot Samson sells sidechains alongside seashores.
Well written, Will Binns. Well written. https://t.co/FXOtsgO2Yw https://t.co/9qTUU5ffMH
@el33th4xor @adam3us @rogerkver Preferably they’ll use multiple services for redundancy; I know I would, even if I ran my own.
@el33th4xor @adam3us @rogerkver I think you’re using the word “trusted” when you really mean “reliable.” It’s like… https://t.co/u7xvIJKWky
@el33th4xor @adam3us @rogerkver That’s just a user friendliness problem. Sounds like we agree that it’s not a requi… https://t.co/yhyjbu7mb5
@el33th4xor @adam3us @rogerkver Can incentivize services to be honest by paying them. Could also use multiple servi… https://t.co/TSWUIXcEbh
How so?
WhalePanda To put everything a bit in perspective. #Bitcoin pic.twitter.com/FdMB7YA2Jv
blockr.io has been degrading for a year & has currently been stuck for 4 days. At this point I recommend folks stop using it.
@brucefenton @alansilbert @twobitidiot Perhaps. I see Reddit as a flawed platform that incentivizes groupthink & em… https://t.co/hlLvtrPOLr
@brucefenton @alansilbert @twobitidiot IMO, if Theymos hadn’t done it, minority opinions would have eventually left… https://t.co/3H2HcRGZKG
@brucefenton @alansilbert @twobitidiot It’s a central issue for folks who don’t know how decentralized Bitcoin comm… https://t.co/mKqDeyC4DU
@brucefenton @twobitidiot I speculate that these actions are inevitable for any communications medium that is contr… https://t.co/PxJXfD5BmJ
@brucefenton @twobitidiot Perhaps the division was already there and his actions accelerated its exposure. NB: arou… https://t.co/LZkwWLadQE
@twobitidiot His post saying he was fine with 90% leaving jammed a crowbar in the fracture, but OTOH it’s terrible… https://t.co/Nlg2beb55W
@BashCo_ @mikeinspace Gotta be ready for close quarters combat in case things get gnarly 😬
@slushcz I still believe he wants to make Bitcoin better, but unfortunately is perpetuating divisiveness that other… https://t.co/vEbVKmeQwG
@brianchoffman @mikeinspace Not *that* particular rifle… just you wait.
@masonic_tweets Nothing like a dose of perspective to ground wound up folks. https://t.co/EoCeL5ktuY
RT @mikeinspace: …and now, a special message to the Bitcoin community from Jameson Lopp (@lopp). Everyone needs to hear this, in these un…
@guruvan @clemensley You paid 181 satoshis per byte but there was a fee rate surge this afternoon that took rates o… https://t.co/FCNULXjoMu
@guruvan Hm, never tried to analyze that, though I’d be surprised if there was a difference… unless for some reas… https://t.co/sDIbx5nojV
Y’all have no clue how prevalent censorship is in the Bitcoin space. For example, I find myself forced to self censor every few minutes.
@prestonjbyrne Is this a pegged 1:1 exchange rate? Do you have a reserve to maintain the peg?
“Bitcoin rejects contentious changes by design.”
“Shut up! This change isn’t contentious!” pic.twitter.com/4u2k9mDDeh
readDanwrite love this #bitcoin quote from @aantonop via @coindesk. pic.twitter.com/2V9EnE1cAe
“I want to see [Bitcoin] in daily use by at least a billion people on-chain.” - Craig Wright 🤔 https://t.co/9JnG8lNlq6
@NTmoney Other: you!
@rogerkver The claim that second layer solutions require trusted third parties is an overreach.
@GabrielDVine @MediumSqueeze The “unsubstantiated claim” and “misunderstanding how the system functions” kind.
@dgenr818 @f2pool_wangchun @mdotbit @eric_lombrozo I’m asking a business owner to remember the source of his revenu… https://t.co/NQp6ghOhOp
@m23mclaughlin If you can figure out a way to impose authority upon the entire ecosystem, then you have found a way to break Bitcoin.
@m23mclaughlin You can moderate a code repository or a forum, but you can’t moderate the protocol itself; anyone is… https://t.co/A0frITo3RU
@alansilbert @f2pool_wangchun @eric_lombrozo I think we should be cognizant of the fact that we don’t fully underst… https://t.co/ZJkspGsaC4
@bigstoneBTC @f2pool_wangchun @eric_lombrozo The complication arises in whether or not the rest of the ecosystem mu… https://t.co/VLMNsZ2nq3
@bigstoneBTC @f2pool_wangchun @eric_lombrozo I think there is a misunderstanding, but Wang is technically correct -… https://t.co/VZBV4e1I3N
@f2pool_wangchun @mdotbit @eric_lombrozo From your viewpoint, Wang, who pays you?
@f2pool_wangchun @eric_lombrozo Developers can’t make miners run code they don’t want to run. But on the other hand… https://t.co/lzlCda4fVk
@f2pool_wangchun @MrHodl @eric_lombrozo I see. Do you agree that PoW doesn’t == the ability to choose the rules? https://t.co/u6Ziy22oPL
@f2pool_wangchun @eric_lombrozo I don’t think Core is willing to push anything unless they feel that the ecosystem… https://t.co/zgjTGtyraU
@eric_lombrozo @f2pool_wangchun Alright, but I follow people b/c I want to gain insight and understand them better.… https://t.co/0bhYgWir0J
@f2pool_wangchun I suspect you’re going to find it increasingly difficult to get people to take you seriously.
@m23mclaughlin I pose to you that it’s technically impossible for there to be a head of bitcoin b/c there is no way… https://t.co/4HpciGM38M
@MediumSqueeze @GabrielDVine If miners show us that they are no longer going to work to ensure the stability & secu… https://t.co/Ld63rvpkEg
@MediumSqueeze @GabrielDVine I’m cringing at Vinay’s claim that Bitcoin is controlled by the Chinese govt.
@alansilbert @rogerkver It’s not very nice to include “+ Blockstream” while excluding all the rest of the companies… https://t.co/Cm8evfAzgy
@MediumSqueeze Sure, more decentralized mining is preferable. You might be interested in my own speculation here: https://t.co/k0k3QIP9Ot
@LaurentMT Because it’s not possible to know what’s rational for a given actor unless you know everything about them. Few do…
@spudowiar Cobra is well aware of how a UASF functions; this is a political play b/c it’s about what @slushcz state… https://t.co/EtQwhvv8bq
@MediumSqueeze I don’t think it’s possible to prevent industrial PoW mining; there will always be economies of scale that will be leveraged.
While my understanding of Bitcoin is constantly evolving, my view that has changed the most over the years is that of the “rational miner.”
@GaravagliaJuan @kyletorpey RBF. Relative locktime. OP_CHECKSEQUENCEVERIFY. Compact Blocks. SegWit. Pruning. CPFP.… https://t.co/k9J2VtYiUd
@ARKblockchain @reddit Plus it’s not possible for a posse of angry keyboard warriors to suppress the spread of your ideas via downvotes.
@neha @TMobile d’oh; @projectfi FTW - they require a PIN lock for every account. I cringed when I watched my GF tra… https://t.co/SxriWsJaRv
@dotglum Nah, though I don’t think lists would be a great idea; you should use your own criteria for deciding who is wasting your time.
@MrChrisEllis Preparing for a hard fork tweet size increase???
Trolls are time thieves. They try to make you waste precious cycles engaging them. Best counter is mute button: waste their time, not yours.
Common mistake in Bitcoin: believing your needs are the same as the rest of the ecosystem. pic.twitter.com/YPJGOsxBWx