$theta $ TFuel Why THETA will be worth Thousands "Patents "
Patent : Flexible File Sharding
Imagine ChatGPT's brain is a 10 TB hard drive.
No one Edge Node wants to store the whole thing.
So instead:
Edge Node A stores piece #1
Edge Node B stores piece #2
Edge Node C stores p#3
📰 The news is spreading.
Major media outlets are covering LCX's acquisition of MasterDEX, our first step into American DeFi. 🇺🇸
Read the coverage:
👉🏻 https://t.co/NgPKp61l9q
👉🏻 https://t.co/N4jMq1WTBi
👉🏻 https://t.co/IAQT0u2Rj5
👉🏻 https://t.co/xOYEcgMbC0
I don’t follow Luke.
I think most of the perspectives out there on him are the knee jerk reactions of midwits.
He’s a good man, in a world that is lacking in that department.
But I don’t follow him.
I hired him.
I hired him because he’s the most qualified for the job that became available when Core ignored their responsibilites.
That job? Developing and maintaining the code I run on my node.
So Luke works for me now, as he does for the thousands of others who have downloaded Knots.
That’s Bitcoin. That’s how it works. You get to choose who you hire.
But you don’t get to choose who I hire.
LCX has acquired MasterDEX.
All technology, all IP, the entire team.
The first acquisition for LCX Liberty, our American DeFi product line.
Finally DeFi has a new home in America. 🧵
The real reason Adam Back doesn’t like BIP110. 👇
He’s publicly stated numerous times their desire to put Simplicity, their smart contract protocol, on Bitcoin mainnet. He calls it "the last softfork". It would require certain parts of Taproot that BIP110 would hinder. It would prevent them from putting non-bitcoin assets on the Bitcoin base layer. Simplicity is currently on their sidechain, Liquid.
Blockstream had a very significant role in the development and introduction of Taproot within Bitcoin Core. Did they have this planned all along ... Taproot on L1, to eventually support Simplicity? Was the Taproot "inscription bug" just an unintended byproduct, or intentional?
Simplicity was conceived by Blockstream's Russell O'Conner in 2017. Greg Maxwell proposed the idea of Taproot in 2018. And Blockstream employees had, by far, the biggest role in Taproot's development and implementation within Core.
Blockstream currently funds, or has previously funded, the following Core maintainers and contributors, many of which had key, leading roles in the development and implementation of Taproot.
Peter Wuille: Blockstream co-founder and employee 2014-2020. Core maintainer 2011-2022. Lead designer, primary implementer and co-author of Taproot BIPs 340, 341 and 342. Led and authored PR #19953, which implemented the full consensus rules for Taproot into Bitcoin Core - merged Oct 2020.. He left Blockstream and went to Chaincode in 2020.
Ava Chow: Blockstream employee 2018-2024. Core maintainer 2022-present. Wrote the Taproot-specific activation parameters (PR #21686) - as Andrew Chow (before transition). She also closed Luke's 2023 Datacarriersize PR to fix the Taproot inscription bug in Jan '24. She left Blockstream and went to Localhost Research Oct '24.
Andrew Poelstra: Blockstream employee since 2014. Core contributor 2014-present. Key co-designer of Taproot along with Wuille.
Jonas Nick: Blockstream employee since 2015. Core contributor 2015-present. Co-author all three Taproot BIPs.
Tim Ruffing: Blockstream employee since 2018. Core contributor 2017-2022. Co-author Taproot BIP 340.
Greg Maxwell: Blockstream co-founder and employee 2014-2018. Core contributor 2011-2018. Originator of the Taproot high level concept in 2018.
Matt Corallo: Blockstream co-founder and employee 2014-2018. Core contributor 2011-2022. Maintainer 2014-2018. Taproot reviews and technical feedback.
Rusty Russell: Blockstream employee 2015-2023. Core contributor 2011-2021. and others.
Russell O'Connor: Blockstream employee since 2016. Core contributor 2016-present. Originated the core concept of a short "trial" activation window, that became the controversial Speedy Trial to activate Taproot. He was also the creator/inventor of Simplicity, introducing the concept in 2017. He continues to be the main force behind its development, formal semantics, jets (optimized primitives), and integration with Taproot.
Blockstream, privately held, has raised $650-$730 million across multiple rounds. Peak valuation: $3.2 billion after 2021 Series B round. Blockstream views Simplicity as a key long-term technical bet on Bitcoin-native programmability.
They describe it as:
A major milestone in “Bitcoin-native programmable finance”.
The foundation for more expressive, formally verifiable smart contracts on Bitcoin Layer-2 (starting with Liquid)
A way to bring advanced features (vaults, covenants, tokenized assets, post-quantum cryptography).
Blockstream has invested years of research into it, beginning with O'Connor's introducing the concept in 2017. They actively promote it as enabling “the next wave of tokenized finance and adoption” on Bitcoin rails. Simplicity launched on Liquid Mainnet July 2025. In the announcement they said: "Liquid is just the beginning. With community feedback, real-world usage, and more tooling, docs, wallet support, and example contracts, our next major goal is to activate on a Bitcoin test network."
The endocannabinoid system, particularly CB1 receptor signaling, may serve as a biological link connecting stress, sleep, appetite and energy metabolism, according to a review published in Neuroscience & Biobehavioral Reviews. https://t.co/L7v76g36cW
- You: "Why not 0% inflation?"
- Government: "Deflation is dangerous."
- You: "I said zero, not negative."
- Government: "Too risky."
- You: "Risky for who?"
- Government: "For people with debt."
- You: "Who has the most debt?"
- Government: "Next question."
- You: "Why do we need 2% inflation?"
- Economist: "It encourages spending."
- You: "You mean it punishes saving."
- Economist: "It stimulates the economy."
- You: "You mean it shrinks my paycheck."
- Economist: "It's the consensus view."
- You: "Whose consensus?"
- Economist: "The experts."
Bitcoin block space is only for monetary transactions. If you allow file storage to proliferate, it will completely take over the chain, crowding out the monetary usage and making it expensive or risky to run a node. There's much more global demand for really cheap cloud storage than money. Spam and file storage transactions are willing to pay transaction fees that are 95% of the value of the transaction. How can monetary transactions compete with that? These are external protocol rule decisions that should not be left to the free market, especially since the existing "free market" has a money printer that it can use to flood the chain with garbage
We had a really great time at @RaiseSummit in Paris last week, and we're genuinely excited by the speed and scale at which this industry is moving. Having been to a few events, the quality of the speakers was especially impressive.
The need for compute has never been greater!
This is a replay of the block size war once again — with all the CEOs and influencers wanting to make Bitcoin shitty, and all the Bitcoiners opposing them.