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

April 19th, 2017

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

via Twitter Web Client in reply to lopp

3) Without a high number of reachable full nodes, SPV clients will stop working due to connection exhaustion on the few remaining full nodes

via Twitter Web Client in reply to lopp

2) Aside from the common counterargument that SPV security isn’t perfected (full nodes can lie by omission) and SPV privacy is a joke…

via Twitter Web Client in reply to lopp

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.

via Twitter Web Client

Considering submitting BIP to switch Bitcoin to a Proof of Whine mechanism. Whine seems to be exceeding work lately; it may be more secure.

via Twitter Web Client

One more reason to avoid registering Internet-connected devices under your true identity. fortune.com/2017/04/19/bos…

via Twitter Web Client

@angela_walch @iang_fc This issue is near & dear to my heart; I was a TA for a computer ethics course in college. T..twitter.com/i/web/status/8…nA

via Twitter Web Client in reply to angela_walch

From one perspective it could be appropriate to call Bitcoin @ButtCoin given that many shitcoins emerged from it. 🤣 pic.twitter.com/TBAovQkwmP

via Twitter Web Client

@BlockInTheChain @joonasilm I had same reaction, though trying to change from ungoverned Core to formalized governa..twitter.com/i/web/status/8…YK

via Twitter Web Client in reply to BlockInTheChain

@BlockInTheChain @joonasilm One person’s attack on Bitcoin is another person’s defense of Bitcoin. 🙃

via Twitter Web Client in reply to BlockInTheChain

@TaylorGerring Much more likely that new proposals are ignored but sure, there is a high bar for changes. Some see..twitter.com/i/web/status/8…V3

via Twitter Web Client in reply to TaylorGerring

@Awyee707 Because some full nodes are used by hundreds of thousands of people (large enterprises) while others only serve a single user.

via Twitter Web Client in reply to Awyee707

@Awyee707 Not all nodes have same economic weight. I manage BitGo’s fleet of nodes and can assure you we have made significant investments.

via Twitter Web Client in reply to Awyee707

@Awyee707 Because nodes are the entities that decide whether or not to pay miners.

via Twitter Web Client in reply to Awyee707

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.

via Twitter Web Client

Traditional thinking leads people to assume Bitcoin Core is an entity with which they can negotiate / compromise. This leads to frustration.

via Twitter Web Client