I was asked twice in two days: Can't one person run for example 100,000 bitcoin nodes and overtake the #Bitcoin network and consensus rules with extra votes? No. I'll explain...

“It’s electronic cash.” “Sure but what’s the use case?” “You can freely earn, save, and spend money over the internet 24/7 without asking for permission. It’s open source, no seigniorage, and it can’t be diluted.” “Yeah cool but does it have monkey jpegs or yield on it?” 🤦‍♂️

Most long-term Blbitcoiners are too tired to engage with this bullshit again, but for the one of you new around here: "PoS" is logically broken (specifically: circular), as explained to Wei Dai in 1998 and as definitely crystalized by Andrew Poelstra here: diyhpl.us/~bryan/papers2…

A list of security and privacy maintaining features allowed by the Tx0 architecture that help prevent demixing (see doxxing of DAO hacker examples): 1 – Segregates doxxic change from co-spending with mixed and unmixed outputs >> no footgunning youtube.com/watch?v=alcLdB…

The Bitcoin Standard now has more than 5,000 reviews on Amazon! To thank my readers, I'm giving away a signed copy! Retweet and follow to win! amazon.com/gp/product/111…

Who could have possibly predicted this?

First testnet coinjoin using vortex. 2 Lightning channels opened in a coinjoin 🖕🐻 mempool.space/testnet/tx/eb0…

New 🧵 on Ethereum’s difficulty bomb I would be curious to read a rebuttal or defense of the difficulty bomb We are told crypto is a force of decentralization that puts power in the hands of the users How can the difficulty 💣 be interpreted in this context?

Have you ever read Vitalik's paper on PoS? I HIGHLY recommend digging through. It's like looking at a perfectly built airplane (BTC), deciding you actually want the wings mounted vertically, then trying to solve the arbitrary problem you just created. 1/🧵

Most programmers writing cryptography be like: "It's cool shit, but don't use this code, I am not a cryptographer". Most cryptographers about programming: "Sorry I don't write code". Most marketers about cryptography: "We are using secret military grade cryptographic security".

e vitalik.eth Hm, not trying to rain on the parade, but this makes one wonder, what else can one change in the code without end users noticing

Every time you use #Ethereum, you are giving ETH to those that hold the most ETH. Every time you use #Bitcoin, you are giving BTC to those that put in the most work. This must be understood.

#Bitcoin monetary policy for the next 114 years in one pic.

Trezor Wasabi Wallet

1/ Ledger "Recover," a thread 🧵 Last night Ledger accidentally leaked some info on their new recovery subscription service, and today they revealed the details. Let's walk through their proposed "solution" to cryptocurrency custody and how dangerous it is.

Oh boy