StackItDeep 🪢 BIP-110

35+ years software & systems engineering, networking, & security. Christian, husband, father, and business owner. Bitcoin node runner & home miner. BIP-110!

[StackItDeep 🪢 BIP-110 @StackItDeep]

I haven't been decorated like this in a long time. 🥂 BIP-110: Making Bitcoin a happy place once again.

[Kaz @orthodoxbitcoin]

@StackItDeep @stephanlivera

[StackItDeep 🪢 BIP-110 @StackItDeep]

@DrJackKruse CAF is a bad actor who claims past credentials that cannot be verified. She's always been critical of Bitcoin, like most who have never taken the time to actually study it.

[StackItDeep 🪢 BIP-110 @StackItDeep]

@secsovereign @BtcCommons I figured as much, which is why I chimed in about the Electrum servers.

[StackItDeep 🪢 BIP-110 @StackItDeep]

@secsovereign The fastest (& best IMHO) Electrum server is Fulcrum. Fulcrum definitely cannot run on a pruned node. The other reason to be an archival node (storing all of the stuff) is to help others on the network bootstrap their new nodes. But, that should go without saying.

[StackItDeep 🪢 BIP-110 @StackItDeep]

@parkeralewis Your messaging is consistent, and it has and will continue to age well. Keep it up!

[Matthew R. Kratter #BIP-110 @mattkratter]

This was such a beautiful moment when Nick Szabo took the young Stephan Livera under his wing and taught him about op return

[StackItDeep 🪢 BIP-110 @StackItDeep]

@mattkratter @ActuallyClimber It should be obvious to most that Strategy is running a shell game.

[StackItDeep 🪢 BIP-110 @StackItDeep]

@mattkratter @ActuallyClimber Yeah, they used the "transactions had not yet settled" to justify this.

[StackItDeep 🪢 BIP-110 @StackItDeep]

@DiGiTxero @grok There's a new flavor of NerdQaxe++ (rev 7) that has two voltage regulators versus 3...they made this change for a reason. 🧠

[StackItDeep 🪢 BIP-110 @StackItDeep]

@DiGiTxero @grok Another common issue with these are voltage regulator failures. Your 3 do appear to be sitting under heat sinks, though copper ones would do slightly better. Hopefully it is the PSU.

[StackItDeep 🪢 BIP-110 @StackItDeep]

Quote tweet this if you support BIP 110.

[Hunter Beast 🕯️ @cryptoquick]

Quote tweet this, if you support BIP 110.

[StackItDeep 🪢 BIP-110 @StackItDeep]

@CJ_Bitcoin @Strategy It's called: Playing the Shell Game. Have fun!

[StackItDeep 🪢 BIP-110 @StackItDeep]

Very very insightful.

[Extractive Ghost of Unhosted Marcellus 👻 @oomahq]

I wasn't asked, but I think it's an interesting question.

If the BIP-110 chain doesn't overtake the old chain (or an URSF, if it appears) it implies the Bitcoin ecosystem accepts that mempool policies belong to central planners instead of individual node runners, and have no problem with Core taking away sovereignty from noderunners and adjusting the defaults of the reference implementation to the mempool policies of the 5 nodes that find 90% of the blocks, no matter if they're malicious.

It basically cements the path towards centralization where we've been at for the last few years, maybe enough to undo the positive decentralization trend and increased noderunner sovereignty that started with DATUM.

[StackItDeep 🪢 BIP-110 @StackItDeep]

@chad_agn

[Matthew R. Kratter #BIP-110 @mattkratter]

BIP-110 Fence Sitters Getting Splinters

[StackItDeep 🪢 BIP-110 @StackItDeep]

@1914ad Dude. What did you do? Be yourself?!?

[vp.net @vpnet_official]

djb (@hashbreaker) told us about an NSA employee who showed up on the IETF TLS mailing list for the first time ever. Their one and only vote: weaken encryption. 🤦‍♂️

The NSA lost the last vote, so now they're packing the next one and we need YOU to help us beat the NSA!

Full conversation in the thread 👇

[Alan ₿ @alanbwt]

@cguida6 @ConsumingCrypto Mises’ book is called Human Action, not Human Inaction, for a reason.

[Chris Guida | ⚡🪢 BIP110 @cguida6]

On Fence Sitting

An article by Chris Guida

If everyone sits on the fence when bad actors are attacking - surprise!

The bad actors win.

The End

[Extractive Ghost of Unhosted Marcellus 👻 @oomahq]

You don't need a PhD in applied cryptography or distributed systems to figure out BIP-110 on your own: