It only takes approximately 20 years for BIP-54 to have any effect.
It only takes about 1 CSAM image for Bitcoin to die if BIP-110 isn't implemented.
It's up to you whether you use @bitcoincoreorg+BIP54 or @BitcoinKnots+RDTS.
NACK
The goals of transaction relay listed are basically all wrong. Predicting what will be mined is a centralizing goal. Expecting spam to be mined is defeatism. Helping spam propagate is harmful.
This OPED contradicts itself, presenting out of band relay as both negative and also "an important aspect of Bitcoin’s censorship resistance"
It ignores the lack of consent to spam by users/node operators, giving deference to the attackers and the malicious miners who might conspire with them.
It paints spam as "largely harmless", when the truth is the exact opposite. It treats abuse of the blockchain and nodes as legitimate "use cases" rather than the DoS attacks they actually are, and speaks of DoS attacks as if they were something distinct, thus implying spam isn't the same (which it is).
The OPED presents itself as aligned with "Bitcoin’s long-term health" which is objectively false, and "miners’ rational self-interest" which is also at least debatably false.
The primary difference between a Bitcoin softfork vs hardfork, is their behaviour with regard to "do nothing" nodes.
If a node does nothing, then it automatically rejects a hardfork. On the other hand, it automatically accepts a softfork.
To accept a hardfork, you must upgrade your node.
To reject a softfork, you must upgrade your node.
(To accept a softfork, even if you are disinterested, you should still upgrade your node, to stay secure.)
"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.
@OffshoreHODL Hard to believe that shitcoin core has been destroying monetary property of the bitcoin for the last 2-3 years and still only 10% are running BIP110+knots.
@AG3NT_0R4NG3@peterktodd Tail emissions would be a hard fork.
Quantum soft fork proposals to confiscate P2PK coins are a threat.
Attackers can come up with new schemes.
We must be ready.
Worked a 12 hour shift yesterday and then clocked into work today wearing my shitty employee ID like branded cattle.
I feel like I’d rather eat shit and be unemployed than suffer another day of this indignity and being given responsibilities far greater than my weak paycheck.
No one is moving any goalposts. The release of Core v30 (which standardizes large datacarrying txs as an official use-case of the network) motivated BIP-110, not spam.
At that point spam had been causing problems for over 2 years, and no one had proposed any fork to fight it.
In a way BIP-110 was created by Gloria Zhao.
Back in the day of early Bitcoin Twitter, we used to say "few," which was short for "few understand."
Nowadays, Bitcoin Twitter is a different beast.
First, it's not even Bitcoin Twitter anymore - it's Bitcoin X.
Second, many of the most prominent few migrated to Nostr - The Internet's most beautiful clusterfuck.
Many of the few of the few that remained did what many of the few had done before them - they sneakily became shitcoiners, because they simply didn't have the multiple-decade-spanning patience required for Bitcoin's don't-get-poor-slowly mechanism to play out properly.
Out of the few of the few of the few that were left, many didn't acknowledge the shitconers' most devious attack yet - the shitcoins on Bitcoin.
Many of the few of the few of the few even thought of the shitcoiners coming to Bitcoin as a good thing!
"As long as they pay the fees, it's all dandy, man! Everything is good for Bitcoin!"
But then there's the few of the few of the few of the few. Those who choose to do something about it and aren't afraid to admit it.
These are the people I'm here to interact with. They are the reason I fell in love with this community in the first place.
However, because of the fact that the few of the few of the few of the few aren't that numerous, many of the many think we will fail.
What they miss is that most of us didn't even care for social media in the first place.
That is why we'll win.
Few.
Another miner joins BIP-110!
We welcome Black Jade Advisors, the first miner to lottery-mine a BIP-110 block.
Consensus marches on!
https://t.co/XeGom1W4zj
@GeneralMCNews One example is att. Total bullshit to do this to people! The world's volcanos produce more methane in a day than all the cattle in the world do in a month! CLIMATE LIES being fed to the sheeple. Evil B Gates isn't qualified for anything. He is a certifiable psychotic nut job!
BREAKING: Scientists claimed it was "morally" justifiable to infect people with a virus that would make them allergic to meat in a controversial paper published in 2025.
US didn't need to invade to make India a vassal.
They just offered US citizenship/Visas/Green Card and Ivy Leagues admission and jobs to sons/daughters of Indian politicians, military leaders and bureaucrats.
US made India a vassal without firing a bullet.
@zndtoshi@BitcoinBombadil@rad_nomad@murchandamus@dathon_ohm I readily confess that don't know how to steelman that the use of blockspace for arb. data is beneficial to the network.
From 2009 to 2023 all the engineering effort was spent on making blockspace use as efficient as possible. That is still the reasoning that makes sense to me.
Here's the thing about @mattkratter, it took him a long time to understand #Bitcoin. Just like it did for most of us who now call ourselves Bitcoin maximalists.
As far as I can tell, over the course of his understanding he went from ignoring Bitcoin, to trading it, to playing with shitcoins, and finally to becoming a toxic bitcoin maximalist.
You know what I haven't seen from him?
I haven't seen any sign of selling his name to a sponsor.
I haven't seen him use his position as a bitcoin maxi to promote a bitcoin affinity scam or layer 2 nonsense.
I haven't seen him grift his way into a bullshit position as a BiTcOiN AdViSoR at some second rate Bitcoin trashury company.
In other words, all I have seen from him is a steady, progressive, and irreversible understanding of Bitcoin as money, a refusal to budge from that stance, and a willingness to put his name and reputation on the line to keep Bitcoin the hardest money man will ever know.
The Bitcoin space would benefit from more bitcoiners like Matt.
@Bitbello I’ve felt far more concerned several cycles ago. The fundamentals are a lot more robust now. We just need to fix the protocol, rug the spammers and get back to having Bitcoin as the most pristine sound money there is. If we fail, well, we’re fucked