BTCSchellingpt

Stay humble, stack sats
#Bitcoin Brisbane
@BitcoinBushBash
@hodlhodl NOOB day
@Opensats
#npub1nvfgglea9zlcs58tcqlc6j26rt50ngkgdk7699wfq4txrx37aqcsz4e7zd

[orangesurf @OrangeSurfBTC]

New @mempool feature: BIP54 Compatible Coinbase detection

BIP-54 aka. Consensus Cleanup specifies (among three other rules) that coinbase transactions must set nLockTime = height - 1 and nSequence ≠ 0xffffffff.

Ahead of activation, the BIP encourages mining pools to craft coinbase transactions that are forward-compatible with this rule.

Whitepool was the first to adopt, with block 937,404 in February 2026; a handful of other pools and unknown miners have followed since. Now you can easily see when a block is compatible.

For now it only shows if a block is compatible, signaling incompatibility will be added when support is more widespread.

Implemented by @rodribp21 🫡

https://t.co/t3AlG0VUf7

[BTCSchellingpt @BTCSchellingpt]

@dhh 🤣
I’ve just registered this for you - hmu to xfr:

https://t.co/TBL2znGryc

[BTCPay Server @BtcpayServer]

BTCPay Server v2.4.3 is now available!

Following the release candidates published from our temporary private security repository, today we are releasing the final, fully open-source version of v2.4.3.

This is another security-focused update, and we strongly recommend upgrading as soon as possible.

As with v2.4.2, external access to the LND API remains restricted. This means remote integrations such as Zeus may not work with BTCPay-hosted LND nodes for now.

A huge thank you to every contributor, security researcher and community member who helped review, test, and strengthen this release. The past few weeks have been intense, and this release would not have been possible without you.

If you are running one of the previous release candidates, updating will automatically switch your installation to the open-source release.

To update, go to Server Settings → Maintenance → Update, or run btcpay-update(.)sh from the command line after removing the parentheses.

[FF2K..seed man🤞 @fartface2000]

Satoshi gave us an exit.

Take it and shut the fuck up.

Good Morning #Bitcoin 🍿

[Sovereignty Summit @SovSummitNZ]

WIN A SIGNAL PASS 🎟️

Join us at Sovereignty Summit, Queenstown, 2–3 April 2027.

To enter:
→ Follow @SovSummitNZ
→ Like this post
→ Repost
Entries close 27 Aug.
First Light pricing ends 31 Aug.
https://t.co/70Wh74Ddjk

T&Cs apply.

[BTCSchellingpt @BTCSchellingpt]

@Rob1Ham @VibeCapitalMgmt @Fundamentals21m Are these subsidiaries of Big BTC?

[BTCSchellingpt @BTCSchellingpt]

@benthecarman @imbabybrooklyn wot's your point Ben?

[BTCSchellingpt @BTCSchellingpt]

@ts_hodl If you’re using multiple wallets, definitely! And pro-tip .. ensure the name of the wallet file exactly matches the name of the wallet in your password manager!

[BTCSchellingpt @BTCSchellingpt]

Intellectual property v Open Source

“Secrets are for companies that stopped moving. If your advantage needs a lawyer to survive, it was never an advantage. It was a head start you wasted.”🎯

Patents are for the lazy one-time innovators and the legal billing fraternity

[Race 🕊️ @multiplanet1]

Elon Musk was asked why SpaceX barely files patents.

His answer flips everything business schools teach about protecting ideas.

"Patents are a recipe book for your competitors."

The room expected the standard answer. Patents protect innovation. Patents are moats. Every startup lawyer's first advice is file, file, file.

He explained why that's backwards for SpaceX. A patent is a public document. You file one, and you've published your engineering solution to the entire planet, with diagrams. Your only protection is your ability to sue whoever copies it. His primary long term competitors are in China. He said suing there would be pointless, so a patent filing would simply be handing over the blueprints with extra steps.

So SpaceX protects almost nothing on paper. The protection is velocity. By the time anyone reverse engineers the current rocket, SpaceX is two generations ahead. The moat isn't a document. The moat is speed.

Think about what that reveals. He'd rather rely on outrunning everyone forever than on a legal system defending yesterday's work. Most companies protect the past. He decided the past isn't worth protecting because he's never going back to it.

Secrets are for companies that stopped moving. If your advantage needs a lawyer to survive, it was never an advantage. It was a head start you wasted.

[Study Bitcoin @BTCDontCare]

I Realized
Nobody
Was Coming
To Save Me
So I Became
A Bitcoiner.

$BTC

[BTCSchellingpt @BTCSchellingpt]

@Lawblock21 Not a lawyer, but as I understand it, it's essentially the distinction between Legal ownership and Beneficial ownership; in the Ledn case both are being assigned to Ledn by the customer so from IRD's perspective the CGT trigger is clear .. not saying I like it one bit tho!

[BTCSchellingpt @BTCSchellingpt]

@JoeNakamoto + in AU: LivingRoomofSatoshi for any bill payments

[BTCSchellingpt @BTCSchellingpt]

@kiwilambnz Because it ensures that you’ve got a better chance of deciphering the (correct) word if you transpose a couple of letters when writing them down .. I’ve recovered someone else’s stack from this mistake and it was an alarmingly simple mistake to make .. hence the take-away lesson

[BTCSchellingpt @BTCSchellingpt]

Creating new #Bitcoin wallets?

Record all these 5 things:

1. Seed words (obviously)
2. Script type (Segwit, Taproot etc)
3. Fingerprint
4. Derivation path
5. Method+date of creation

Your backups should record all these components, but critically the first 3

But why all these? 👇

[BTCSchellingpt @BTCSchellingpt]

Clearly stated John 🤝

.. and the compelling reason for the sole digital monetary token continually accruing value is therefore the ability to secure those tokens by enforcing those guarantees

As all the shitcoins have eventually learned, if your mango-on-a-blockchain token successfully accrues value, it will be attacked

To continue to (endlessly) accrue value the token network must provided the security to deliver those guarantees from which the scarcity derives .. and the quality and severity and frequency of the attacks will of course increase

The Bitcoin network has the highest hashrate, the broadest global network, the most extensive developer pool, and a global set of owners - it’s not even close

The conditions that enabled the “immaculate” inception of Bitcoin no longer exist, and cannot exist again, so it’s highly unlikely that a competitor could successfully replicate or challenge today’s network security

Bitcoin maximalists are those that have taken the time and sifted through the arguments and incentives and come to simple and logical conclusions.

[BTCSchellingpt @BTCSchellingpt]

@stack2thefuture @JonnyJi50127056 🔥🧡

[BTCSchellingpt @BTCSchellingpt]

@Enkitek With multi-sig, yes, add the descriptor with each copy of the seeds

[BTCSchellingpt @BTCSchellingpt]

@ajtowns Fair point .. two key differences i observe being that BCH had some pretty significant miner support, and economic value extractable through exchange listings.

AFAIK, neither of those factors relevant here

[BTCSchellingpt @BTCSchellingpt]

@ajtowns Likely not, but all are equally shitcoin noise 🤝

[BTCSchellingpt @BTCSchellingpt]

@denverbitcoin How many ethereums are there?
How many dollars are there?

Unverifiable
Unknowable

Same same 🤷‍♂️