New blog post: https://petertodd.org/2023/why-you-should-run-mempoolfullrbf
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)
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).
"A virus that turns things into opal"
https://youtube.com/shorts/_BuJ5BDQFjA?feature=share
"Combat GoPro - Wiping Out Russian Spetsnaz Team in CQB"
https://youtu.be/RQeyk1BQ7LE
Fighting 1m from the enemy.
Pundit (explorer) - Wikipedia
https://en.wikipedia.org/wiki/Pundit_(explorer)
Luxor mined a block with four full-rbf replacements at once: https://web.archive.org/web/20221224215544/https://fullrbf.mempool.observer/
Two from my OTS calendars (including a $165 fee). And two others that I didn't create.
Great example of how legacy payment systems are totally busted: https://www.raspberrypi.com/verify/
"My dude slowed down gravity in mid air 🤯"
https://youtube.com/shorts/Q7qCU4jOLyQ?feature=share
Dance battle or physics homework problem?
"Back from the front: a British volunteer in Ukraine"
https://youtu.be/TCbD4WBqPg4
Excellent video.
Interesting! Foundry USA mined a full-rbf double-spend, with a few minutes between tx #1 and tx #2: https://web.archive.org/web/20221221022035/https://fullrbf.mempool.observer/
My best guess is this has something to do with unconfirmed inputs. My stock v24.0 node saw both tx #1 and tx #2 at the same time initially, but rejected the latter for spending an unconfirmed input. Then a few minutes later, it accepted tx #2 once the input confirmed.
So... this seems like a good time to start experimenting with Mastodon.
I'm very skeptical about the chances of getting enough network effect to bootstrap a new social media site in general, and even more for distributed/decentralized/non-commercial ones.
Still, recent events on Twitter make me believe there is a chance, and I'd like to help make that happen.
I have two rented VPS servers running full-rbf nodes that were previously in Mykolaiv, Ukraine, quite close to the front lines in Kherson.
The hosting company finally gave up and moved their whole operation to a Kyiv data center this weekend. Russia has been trying to destroy the entire Ukrainian power grid for two months now; wouldn't be surprised if that hosting company can't get enough diesel fuel in Mykolaiv due to demand by other critical services.
Sad.
Twitter is blocking posts with links to Mastodon instances. They aren't just blocking the ones run by the Mastodon project but also smaller instances.
They're even blocking https://infosec.exchange/, https://ioc.exchange/ and https://hachyderm.io/. Perhaps they automated it.
“Robot Overlords Trailer”
https://youtu.be/03Y7sd_LLEU
Better than I expected.
Interesting! A full-rbf doublespend just got mined by... a miner on P2Pool!
https://mempool.space/tx/9c8a9cc21cc80ff6ee5daffe8f9283b5501e8333e81b3077cdf97b35a3434959
I didn't even know P2Pool still existed. And it kinda doesn't: according to https://web.archive.org/web/20201029044054/http://p2p-usa.xyz:9334/static/ the expected time between blocks right now is 3.2 years. Looks like the last block was 2 years ago.
Seems like the particular P2Pool miner that found the block had a high minimum fee, as the block only contained the high-fee parts of the mempool: https://miningpool.observer/template-and-block/00000000000000000001f6fc9422b5e1babc73f135d4a2ce3550494f54b601ac