🟨 abito

Expert of Doge Sound. @dogesoundclub

[🟨 abito @abitocodes]

I think @saylor's exclusive support for Bitcoin is not beneficial for Bitcoin itself.

Here’s why: In the era before USDT, users had to buy Bitcoin because it was necessary to purchase other cryptocurrencies.

On centralized exchanges (CEXs), whenever a new token was listed, exchanges had to attract users, purchase BTC directly, or run trading bots to secure a certain amount of liquidity for the token—either directly or indirectly acquiring Bitcoin in the process.

Even now, with USDT available, many exchanges still support altcoin trading using BTC. In other words, I believe Bitcoin’s value is fundamentally rooted in its role as a medium for purchasing altcoins.

So what happens if people like Michael Saylor continue to dismiss all cryptocurrencies except Bitcoin? It essentially means that the assets that can be purchased with Bitcoin are considered worthless, which ultimately diminishes Bitcoin’s own value.

While people expect external factors like Donald Trump or China to influence the crypto market, Bitcoin’s sustainability and price growth fundamentally stem from its relationship with altcoins.

[🟨 abito @abitocodes]

@axopoa Stacks's governance is scam. I still canot believe they distribute unlocked stx token to the stakers based on the quick voting. (SIP-29?)

You guys can invest who can get free whenever they open quick voting?

[🟨 abito @abitocodes]

Why the language Pact look so similiar to Clarity of Stacks chain SC language?

To deal with the feature of human readable things, lisp-based lang is best? so kadena and stacks had chosen?

@kadena_io
@SirLensALot
@Stacks
@muneeb

[Aiden Bai @aidenybai]

the reason your React code sucks is useEffect + setState

don't sync local state inside of useEffects - this will make your code overly complex to reason about

[reubs @reubs_btc]

Hold on tight friends

Looks like @ALEXLabBTC has been hacked

[🟨 abito @abitocodes]

@fitomics @iamrichieri @_devJNS lol. it's too much.. at least, the text size should be as big as we can read.

[🟨 abito @abitocodes]

If altcoins cannot grow, Bitcoin cannot rise either.

[🟨 abito @abitocodes]

I think @saylor's exclusive support for Bitcoin is not beneficial for Bitcoin itself.

Here’s why: In the era before USDT, users had to buy Bitcoin because it was necessary to purchase other cryptocurrencies.

On centralized exchanges (CEXs), whenever a new token was listed, exchanges had to attract users, purchase BTC directly, or run trading bots to secure a certain amount of liquidity for the token—either directly or indirectly acquiring Bitcoin in the process.

Even now, with USDT available, many exchanges still support altcoin trading using BTC. In other words, I believe Bitcoin’s value is fundamentally rooted in its role as a medium for purchasing altcoins.

So what happens if people like Michael Saylor continue to dismiss all cryptocurrencies except Bitcoin? It essentially means that the assets that can be purchased with Bitcoin are considered worthless, which ultimately diminishes Bitcoin’s own value.

While people expect external factors like Donald Trump or China to influence the crypto market, Bitcoin’s sustainability and price growth fundamentally stem from its relationship with altcoins.

[🟨 abito @abitocodes]

@Stacks sBTC growing is based on selling STX to buy BTC and convert to sBTC.

[Ajay Kashyap @EverythingAjay]

- 70% of Bitcoin is held by individuals.

- 🇺🇸US & 🇨🇳China's mining dominance is shrinking.

- 28+ countries now contribute over 0.1% of global hashrate.

- Only 9 nations control more than 1% of mining power.

[Delba @delba_oliveira]

Next.js 15.2 (canary preview): Node.js middleware

The quest to fully support Node.js in middleware continues. You can now configure `middleware.js` to use the Node.js runtime.

This means you can use any node module or npm package in your middleware.

[🟨 abito @abitocodes]

You already know where this sBTC comes from, right? Of course, it is deposited by purchasing BTC with STX.

The cryptocurrency that the STX community holds is most likely STX, and in this situation, creating rewards for the sBTC deposit pool leads to selling STX and moving into BTC.

[stacks.btc @Stacks]

sbtc cap-2: closed.

3,000 btc put to work.

next stop: cap lift.

[🟨 abito @abitocodes]

@ECBSJ @KenTheRogers I really love clarity. Thanks for your works.

[🟨 abito @abitocodes]

@Stacks
Does nobody want to fork from the block where SIP-29 was processed?

The halving schedule needs to be restored to its original state.

[🟨 abito @abitocodes]

The governance of Bitcoin and STX are different.

STX’s governance is based on voting—a system whose limitations have been clearly demonstrated in events like presidential elections.

In national elections, where voter turnout is already low, it’s not easy for token holders with multiple tokens to participate in STX-based voting.

Ultimately, STX’s voting-based governance doesn’t reflect the interests of all holders but is decided by a very small number of temporarily active ones.

Voting-based governance systems have had clear limitations long before Web3, and we shouldn’t blame the laziness or lack of ability of those holders who don’t vote. This is a problem with the system itself.

Bitcoin’s governance, on the other hand, is achieved through software forking rather than voting. This is the best form of governance.

Nodes that want to follow a new fork can do so, and those that don’t can simply stick with their own rules, as seen with Bitcoin Cash.

In this way, Bitcoin holders can secure their assets without needing to participate in any voting.

STX claims to be a Bitcoin that supports smart contracts, but through SIP-29, it has proven to be something completely different from Bitcoin.

Governance based on voting is an advanced scam. STX, stop pretending to be an advanced form of Bitcoin and stop creating victims.

[HowardA.btc @AschwaldHoward]

@abitocodes @muneeb BTC also has "governance". Opcodes were removed. There was a blocksize war in 2016-17 and Segwit along with Taproot were added. Stacks is now much more decentralized and secure with a path to make it even more so in the future.

[🟨 abito @abitocodes]

It is not correct to treat Bitcoin and STX as the same. STX has postponed its halving through governance, which means that if governance is used, the maximum supply of 1.81 billion can also be modified at any time. The pain caused by STX is different from that of Bitcoin. STX is controlled by untrustworthy individuals.

[🟨 abito @abitocodes]

@radicle

I have a question. With IPFS, if you pin the website’s code (HTML, CSS, JS), you can host it at an address like https://t.co/F2eYOH8wzU….

In the case of Radicle, if I turn the website code into a Radicle repository and pin it, is there a way to host it as a website?

[🟨 abito @abitocodes]

@Tremp_STX @muneeb Don't fund for marketing. Make a fund for building academy or academic resources for clarity lang. If you make a fund for marketing, just dumb people will be crowded in stacks community.

[muneeb.btc @muneeb]

me and my family entities have built an additional $10M position in stacks yesterday. the BTC/STX ratio is where it was 5 years ago and the family office believes that stacks tech is at all time high with market opportunity for bitcoin L2s.

(not financial advice.)

[🟨 abito @abitocodes]

But still supply change by sip-29 sucks. Supply change must follow hard coded mathematics. If you guys follow voting of governance to change the supply, why does we need blockchain? Fiat money already do it and the more safety group like nation level's doing this than small group of like stacks foundation.

[🟨 abito @abitocodes]

@muneeb What the real man from Pakistan. Wow.