@knutsvanholm How can an unsophisticated user know that the industry standard signing device, which has a lot of good security features might have this problem with the RNG?? Why is a lot of the "community" just dunking on people like me who lost all their btc because of this coinkite problem?
@jimmysong How can an unsophisticated user know that the industry standard signing device, which has a lot of good security features might have this problem with the RNG?? Why is a lot of the "community" just dunking on people like me who lost all their btc because of this coinkite problem?
@BTCsessions@pastorcoin more heartbreaking for us that lost everything because we only took the btc off exchanges, which seemed to be the main concern I believed. never heard roll the dice 100+ times that often in the many podcasts I listened to unfortunately.
@nvk Its just disgusting. I would expect it from the binance shitcoin casino (who reimbursed their clients when they got hacked) from where I took my btc into cold storage but not from a serious company that focuses on security of funds and sleeping well at night.
@gladstein move what man? the sats are gone since 2 days ago. just life savings for me. really disappointed in the way coinkite handles this problem they added to mk3 since 5 years ago
@ZachGregor@nvk@BTC_Elementary maybe coinkite's RNG is a bit more at fault here not me, who tought the industry standard signing device which has numerous good security features had also a good entropy generation not horrible bugs from 5 years ago.
@nvk so you're just saying f*** everyone who lost funds because of the mk3 vulnerability, which is cleary only coinkite's fault. thanks very nice of you.
@nvk@BTC_Elementary hope you also remember the idiots like me who already lost almost everything 2 days ago due to the shitty entropy you added to the mk3 = not sleep well technology and maybe think of a way in which you can do something for us in this unbelievable situation
@GrassFedBitcoin@LukeDashjr Yes, V30 helped a lot with mining decentralization because we don't have private mepools now and The one and only Mempool is not full of inscriptions and ordinals. All the scams are in OP_RETURN now, everything is amazing.
@jimmysong while at the same time BRC-20/Runes bloating the UTXO set => more RAM usage => only large nodes exist => don't verify, trust? What is Core solution for these issues and what is Core doing for node decentralization here? At least Knots is leaving room for configuration for nodes.
@jimmysong Can you please confirm than my understanding of this is correct? 100kb or, idk if possible, 4MB, aka, very large OP_RETURNs => increased disk space usage => pruned nodes in the future => don't verify, trust ? ...
@adam3us@BetruetoitUK 4MB OP_RETURNs=>increased disk space usage=>pruned nodes=>don't verify, trust! while BRC-20/Runes bloating the UTXO set=>increased RAM usage=>only elitist nodes exist=>don't verify, trust! Am I understanding this right? What is Core doing for node decentralization here?
@theinstagibbs @btcmackc the necessary evil of letting 4MB OP_RETURNs=>increased disk space usage=>pruned nodes=>don't verify, trust, while also hoping BRC-20/Runes don't continue bloating the UTXO set=>increased RAM usage=>only elitist nodes exist=>don't verify, trust?
Extracting data from Bitcoin blockchain varies by method:
- OP_RETURN: Easiest. Data is in a single, standardized output. Tools like blockchain parsers (e.g., Bitcoin-Data-Parser) can extract it directly without reassembly.
- Multisig (fake keys): Harder. Data is split across script elements mimicking addresses; requires detecting patterns, gathering UTXOs, and custom reassembly code.
- Witness (e.g., inscriptions): Moderate. Data in segregated witness fields; needs parsing SegWit txs, but tools like Ordinals explorers simplify it.
All need custom software, but OP_RETURN reduces deniability risks for nodes due to trivial access.