Peter Todd boosted

New blog post: petertodd.org/2023/why-you-sho

What is full-RBF? Why is it good for multiparty protocols like conjoin? Why is it good for wallets and miners? And why do a small minority hate it with a passion?

(we all gotta take a break from ordinal drama you know)

@kalle @harding Note that it is not the case that full-rbf guarantees that you'll learn, as the double spend could have the same feerate.

@kalle @harding The simultaneous payment attack is one really good reason why so few merchants accept unconfirmed payments. It has been exploited before and people have lost a ton of money due to it. You can't realistically stop it without the aid of a centralized payment provider that sybil attacks the network to monitor propagation.

BTCPay actually turned on full-rbf recently, because you might as well: github.com/btcpayserver/btcpay

Not good.

We really need miners to move off Foundry to smaller pools.

Peter Todd boosted

So, why *I* am unhappy about the Ordinals project: it confirms in people's mind, a terrible cognitive error.

If there's one thing I always have tried to get across to people in the various talks, podcasts whatever I've given over the years it's this: satoshis *do not exist*. There is no serial number attached to them; they do not exist in code. It's like asking 'where are the inches on this 15 inch stick'. Utxos exist, sats (or bitcoins), don't. Abstract? Yes, but in a sense, critical.(4/n).

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@ijatz_La_Hojita No one is fighting under a NATO flag, and foreign volunteers are a tiny % of the total. I've been in Ukraine a few weeks during the war. I've seen first hand how there's Ukrainian military everywhere; foreigners are a tiny %.

Huge numbers of Ukrainians didn't have a choice about going to Russia, and there's a steady stream of them finding their way out of Russia. Hell, Russia has straight up kidnapped children, an extremely grave violation of human rights.

@ijatz_La_Hojita if anything, Russia's invasion has made Ukraine more united than ever. United against Russia.

@ijatz_La_Hojita “: the almost 9 million Russian-speaking Ukrainians tend to not see the Russian presence”

😂😂😂😂

As I said, go talk to some actual Ukrainians rather than spout off a bunch of Russian propaganda. For starters, there's a lot more Russian speaking Ukrainians than that... and Russia has done a great job of destroying any remaining support. It's the eastern, so-called "Russian" parts of Ukraine that have been the most devastated by Russian atrocities.

@ijatz_La_Hojita Talk to some Ukrainians rather than people who live 10,000km away from the war.

@ijatz_La_Hojita Wager is not all Russian. They recruit from many different countries. Apparently a few days ago Ukrainian forces even captured some Germans who had joined Wagner.

Though I wouldn't be surprised if there are a lot more foreign volunteers fighting for Ukraine than foreigners fighting for Russia. People like to fight for the good guys.

@ijatz_La_Hojita I speak English, not Ukrainian, so pretty much all the GoPro camera footage stuff I run into is from the foreign volunteers. The Ukrainians filming themselves are mainly speaking Ukrainian or Russian so I don't run into this style of video from them.

"Combat GoPro - Wiping Out Russian Spetsnaz Team in CQB"
youtu.be/RQeyk1BQ7LE

Fighting 1m from the enemy.

@midnightmagic @pwuille What kind of cleaner solution? Spam prevention with email's design is fundamentally hard. Hashcash would have likely failed due to botnets and Asics; Bitcoin Lightning didn't exist until very recently.

@Stinkie @jernej @TechConnectify Also, IIRC the removal of USB ports was purely due to supply chain issues and you could get them reinstalled later at the dealer once parts became available again.

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