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

July 25th, 2017

Layer 1 Bitcoin is for buying Lambos & mansions.
Layer 2 Bitcoin is for buying coffee & drugs.
H/T @MadBitcoins

via Twitter Web Client

@badslinky @ChrisPacia Fee market is fundamentally priced in satoshis per byte because that’s what all of the miner..twitter.com/i/web/status/8…XZ

via Twitter Web Client in reply to badslinky

@badslinky @ChrisPacia Gotcha; I think one of the fundamental misconceptions here is that humans are often deciding..twitter.com/i/web/status/8…Ff

via Twitter Web Client in reply to badslinky

The fundamental problem with ICOs is that Ethereum has insufficient privacy to protect participants from government interference.

via Twitter Web Client

@badslinky @ChrisPacia Depends upon if demand is greater than or less than the current capacity of the network 😃

via Twitter Web Client in reply to badslinky

muneeb My PhD thesis, which takes a deeper dive into the design & performance of a new decentralized internet, is online: muneebali.com/thesis

via Twitter Web Client (retweeted on 12:46 PM, Jul 25th, 2017 via Twitter Web Client)

@Paul_Goldstein To get into the top 1MB of the mempool would currently require paying around 140 satoshis / byte. F..twitter.com/i/web/status/8…pD

via Twitter Web Client in reply to Paul_Goldstein

@richcollins Click “back to dashboard” to see more charts. Next block fees will generally be much higher since ther..twitter.com/i/web/status/8…QA

via Twitter Web Client in reply to richcollins

Observe: the folks who are winning the fee estimation game are undercutting the competition by 70% to 90%…twitter.com/i/web/status/8…7H

via Twitter Web Client

@richcollins Those estimates are overpaying by a huge amount. Compare and contrast: p2sh.info/dashboard/db/f…

via Twitter Web Client in reply to richcollins

@Paul_Goldstein Fee estimates never stay the same. You can see the historic 6 block fee estimate target here p2sh.info/dashboard/db/f…

via Twitter Web Client in reply to Paul_Goldstein

@Truthcoin @badslinky @ChrisPacia That’s certainly understandable from an economic standpoint; I’m just saying Bitc..twitter.com/i/web/status/8…95

via Twitter Web Client in reply to Truthcoin

@badslinky @ChrisPacia You’re talking human side of market - I’m talking machine. A single txn can vary widely in f..twitter.com/i/web/status/8…7O

via Twitter for Android in reply to badslinky

@badslinky @ChrisPacia The market only cares about satoshis per byte. On a per-txn basis it does make sense to disp..twitter.com/i/web/status/8…qB

via Twitter for Android in reply to badslinky

@ChrisPacia I don’t track fees in dollars because that’s nonsensical. Our fee estimates fell below 5 satoshis per byte.

via Twitter for Android in reply to ChrisPacia