Literally every time Luke Dashjr or Mechanic #FixTheFilters take the stage minds are changed. You know the truth when you hear it and it alters your reality. Centralization in #Bitcoin mining is a problem and we need a fix. FPPS is not sustainable in a transaction fee environment.…

The biggest threat to Bitcoin is the idea that it is indestructible

Nothing quite more corrosive than a false sense of security.

'Because spam filters do actually exist and work. Below 546 sats, most nodes (even running Core) will reject it.'
👀👀

The solution is *checks notes* to stop relaying malicious transactions (Knots) and stop mining them (Ocean).

Pay attention to who you trust.

This is the character of thinking of Ordinals promoters. They claim to 'care' about other people, but this cannot possibly be true, since what they're doing is highly disruptive, damaging and objectively abusive of other people.

Ordinals waste the bandwidth and disc space of…

New spam attack starts, and Bitcoin immediately takes a massive dump in price. I hope people are paying attention. The miners that think mining spam is a way to get rich are getting a reality check. The wrong number is going up.

For the people who say filters don't work, please explain why every single output is exactly 546 sats?

This is how much data just got uploaded in that one transaction.

It's fake witness data so it gets a 75% discount despite the original reason for the witness discount being to *prevent the ballooning of the UTXO set*.

However it stayed within the limitations of current default…

A single custodian now controls the coinbase addresses of at least 9 pools, representing 47% of total hashrate.

As demonstrated by this consolidation of mining reward outputs from AntPool, F2Pool, Binance Pool, Braiins, btccom, SECPOOL and Poolin:

mempool.space/tx/b1dc9e09a97…

What is spam?

#DeDinero Luke Dashjr: El Salvador contribuye a la seguridad de la red de bitcoin al realizar minería

El país cuenta con proyectos estatales y privados de minería, los cuales ayudan a crear bloques en la red #Bitcoin y verificar las transacciones.

diarioelsalvador.com/la-mineria-bit…

Daniel Prince It's kinda annoying to see a lot of Bitcoiners sleeping on this.

We Bitcoiners should always remember that Bitcoin is not perfect and we shouldn't be complacent all the time.

Since we can't completely fix this, it doesn't mean that we should do nothing. You make it worse when…

Today Justin and I made a bet on how many peeps would be at our talk. Come geek out with us at the Expocentro Halving Party 2024 at 215pm. We will talk about all things energy, infrastructure, and mining!
Help us settle it!
TheCoinDad Sean Harris🏀 Sapiente Luke Dashjr

Bitcoin Knots is a fully verifying implementation of Bitcoin.
It is NOT an altcoin like bcash or bsv.

The project's goal is to be the best possible #Bitcoin full node for both newbies and power users, for miners, users, and businesses.

This first #Bitcoin lecture by Luke Dashjr was amazing and children loved it!
CUBO+ first lecture
They're now seriously thinking of becoming Bitcoin Devs!
You can see their smiles, they're even dancing 🧡🤗
We loved this day!
The Bitcoin Office
Ministerio de Educación
Découvre Bitcoin

Lots of analysis of the xz/liblzma vulnerability. Most skip over the first step of the attack:

0. The original maintainer burns out, and only the attacker offers to help (so the attacker inherits the trust of the project built by the maintainer).

Read their words👇🏻 1/