@anitaonl@Liquid_BTC I would take reassurance in the fact Blockstream members who were early to Bitcoin have more than enough to fill a 600 BTC hole in Liquid's balance sheet.
That said, federated custody is exactly the issue and is why we need real scaling and privacy solutions.
@4moonsettler SHRINCS is promising but still a work-in-progress. Wallets can stick it in a tapleaf where it will wait for a fork if necessary.
For folks who didn't commit to a PQ sig, they could submit a ZK-proof for hardened BIP32 keys.
The big issue is Satoshi's coins...
@4moonsettler Is it possible technical properties and user behavior will only change when Bitcoin is under stress? For instance, government seizures, capital controls, etc.
Bitcoin may seem ossified now, but anyone can fork it and the fork that survives under pressure will win.
Please stop calling the passphrase "25th word", as that can be confused into thinking a single additional word is enough when that's far from true. You need like 7 truly random words to be secure against a targeted attack.
I've now been banned from the Knots Telegram channel by @GrassFedBitcoin where I earlier today saw @LukeDashjr that he plans his fork being enforced because all mining pools who disagree with him will be thrown in jail.
The debate is over. Enough is enough.
These are attackers of the network willing to throw people in prison to exert their will on the network. If you don't explicitly reject their fork efforts and their actions you are actively complicit with a lawfare style take over of the Bitcoin protocol.
So grateful Satoshi's identity remains unknown, after the latest rounds of attacks on developers for their peceived politics.
Beliefs are irrelevant.
Code is all that matters.
If you read the lengthy post about Luke Dashjr I published earlier this week, this latest insanity should not surprise you in the least.
https://t.co/s9STS8dsCg
I've held off commenting on Core vs Knots, because my general position is that Bitcoiners should be allowed to do whatever they want – I'm in it for censorship resistant money and an open source, decentralized protocol.
I have no interest in telling others what they should do, what software they should run, etc. I'm just focused on building good hardware (and software) to empower Bitcoiners to secure the keys to their coins and further stay safe and secure online.
That being said...I've been a Bitcoiner for almost 12 years now and have some to realize that Luke has some kind of mental illness. Not the "on the spectrum" stuff, but actually some kind of mental illness. And I think he's convinced a lot of Bitcoiners that he is some kind of autistic genius. I think a lot of amazing Bitcoiners (so many of whom I follow) have been misled.
I'm not technical enough at the protocol level to give an in depth opinion, but my general opinion is if you have to censor others' use of the protocol – because you don't like what they are doing – then you are in the wrong. It's a slippery slope from that to censoring transactions you don't agree with. Simple.
These leaked messages are completely off the rails and are a major threat to Bitcoin. I thought the next big threat would be quantum (in many years from now), but it turns out the big threat is a potential network schism led by a mentally ill individual.
The "loss" of Luke's personal coins and the corresponding "hack" of his server are weird. I'll post below a couple of my old tweets. Effectively, he was begging for money in 2021, implying that he was poor, before it later came out that he had over 200 coins (which were then later stolen...). The whole thing stinks.
This guy should not be your hero. You've been misled.
The Bitcoin Core project is not perfect. But the core developers have enabled Bitcoin to grow to one of the world's largest financial assets while remaining decentralized. Not a single other crypto project has done that. It's slow moving. It's contentious. It's imperfect. It's driven by numerous personalities. But it's worked so far.
Better to get involved in Core than try to blow everything up that we've worked so hard on for so long.
Thank you for your attention to this matter.
before this @theragetech article, i heard unrelated from several contacts that ocean was contacting pools with legal theories to try push their corporate counsel into moderating content. that connects with and looks much worse in context of leaked @lukedashjr IMs in this article.
ugh. far worse than i could've imagined. skipped past slippery slope arguments, @lukedashjr / knots plan is to jump straight to the censorship tech that myself and @csuwildcat were specifically warning about with legal citations from prior internet cases. https://t.co/lhvGscoXVX
@theragetech He scammed everyone into using Knots so that he could ultimately force changes onto Bitcoin and realize his sick authoritarian world view.
Luke has completely lost it.
🚨LEAKED: LUKE DASHJR PLANS HARDFORK TO "SAVE BITCOIN"
Text messages show the Knots maintainer is considering a hardfork to implement a trusted multisig committee that can retrospectively alter the blockchain to remove illicit content.
Full story👇
https://t.co/KzNYyecpre