Haven't seen a single project that cared about bitcoin ecosystem, meanwhile $DOG here is carrying forward the whole ecosystem.
Be it runes. Be it Ordinals. Be it bridge.
DOG community and founders are making a mark in bitcoin ecosystem.
@saylor you need to have a look at this.
🤝
I am very excited to announce that solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u just took its first step toward upgrading the Bitcoin network 🧵
Today, the solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Army forked Bitcoin Core's code repository and established its own open source project called Bitcoin solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode.
Bitcoin solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode is a new Bitcoin client designed for maximum freedom.
Bitcoin developers are now able to work together on GitHub and make code contributions to Bitcoin solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode.
Over the coming weeks, the first version of solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode will be implemented, which involves making the following changes:
1. The maximum standard transaction size will be increased from 400,000 WU to 3,900,000 WU. This will give everyone equal access to do "four meggers" while leaving a generous 100,000 WU of space for the coinbase transaction and block overhead.
2. The global dust limit will be lowered from 294-546 sats (depending on output type) to 1 sat. Ordinals inscriptions and Runes UTXOs are currently forced to carry hundreds of unnecessary sats to appease Bitcoin Core. This will remove the need for "padding" and unlock ~$25M of sats for the Ordinals and Runes ecosystem.
3. Add preferential peering so that solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode nodes can "talk" to each other. This feature will largely borrow from Libre Relay's existing implementation of preferential peering.
Once these changes have been implemented, the first version of solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode will be released and available for everyone to run on their Bitcoin node.
It's important to take a step back and understand why solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode is so important.
For the past two and a half years, the solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Army has been at war with the Bitcoin Knots community.
This was not a war the solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Army went looking for, but rather one we were forced to join when the Bitcoin Knots community vowed to purge all Runes and Ordinals from the Bitcoin blockchain.
This conflict ultimately reached its conclusion earlier this month when the Bitcoin Knots community forked the Bitcoin network via BIP-110 in an attempt to make Bitcoin less compatible with Runes and Ordinals activity.
The fork failed miserably and marked a massive victory for the solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Army. The Bitcoin Knots community has now retreated to its own tiny blockchain which is largely irrelevant to the broader Bitcoin ecosystem.
With that fight now in the rearview mirror, the solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Army can turn its attention toward the much bigger goal of permanently making the Bitcoin network more open and friendly to non-monetary use cases.
There has never been a better time for us to upgrade the Bitcoin network and push for these changes than now.
One of the largest obstacles still standing in the way of non-monetary activity on Bitcoin is Bitcoin Core, whose developers enforce a collection of arbitrarily restrictive "standardness rules" that effectively dictate how people are allowed to use the network.
solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode will challenge this gatekeeping.
By loosening several of these standardness rules, solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode will give users more freedom to interact with Bitcoin however they choose, without needing approval from a small group of developers.
It's unfortunate that things have reached this point. The ideal outcome would have been to work alongside Bitcoin Core to make Bitcoin more open, programmable, and welcoming to new use cases.
But many Core developers have shown little interest in that vision, and several have been openly hostile toward non-monetary activity on Bitcoin.
So it is time for the solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Army to take control of its own future and stop asking permission from people who would rather see us fail.
Bitcoin solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode is built around a very simple philosophical idea:
If someone pays for space in a Bitcoin block, they should be able to do whatever they want in that space without needing anyone else's approval.
Permissionlessness is one of Bitcoin's core principles and it is worth defending.
Bitcoin is stronger, more secure, and more resilient when it supports a thriving economy of non-monetary use cases including DeFi, DEXs, fungible tokens, non-fungible tokens, and entirely new applications that have not yet been invented.
solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode is being built specifically to give these use cases the freedom, flexibility, and protection they need to grow and to help usher in a new era of Bitcoin innovation and programmability.
If you are a developer interested in contributing to solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode, DM me or start a discussion in the solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode GitHub.
If you have a GitHub account and support this initiative, go give the solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode repository a star.
If you want to run a solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u Mode node once the first version is released, stay tuned. More information is coming soon!
🚨 3 REASONS I’M BULLISH ON $DOG
🐕 Elite community that never stopped believing
💰 Tiny market cap compared to major memecoins
🏗️ An ecosystem is being built around DOG on Bitcoin
The setup is simple:
Low MC + strong community + growing ecosystem.
If the alt season hits, $DOG will move very FAST. 🐕₿
This is 12 minutes of Pure Gold
Not endorsing the content, or the asset, $DOG, but just strong analytical framework, outstanding breadth and depth of coverage of issues and great style.
* and the AI did me a major solid on the promo 😂🧡
Drop The E
$DOG is pumping super hard.
First time in last few months, this amount of strength and volume seen.
Clearly a sign.
This morning DOG made a candle to $190m on Kraken.
Yesterday, DOG on SOL hit $300m.
This is something different.
This is something crazy.
Probably big exchanges are loading secretly.
Am all in on DOG.
BETTER YOU BE.