Federico Tenga @[email protected]
Working on Bitcoin projects, you can read some of my stuff at https://medium.com/@FedericoTenga
Joined Aug 2018
“No private entity can claim monetary power, which is inherent to the sovereignty of nations”
Nation states won't give up monetary monopoly without a fight. Probably big corporation are still not powerful enough to directly compete with governments, right now only Bitcoin can do it as it wisely moved the battlefield outside of bureaucrats comfort-zone
https://www.reuters.com/article/us-facebook-cryptocurrency-france-german-idUSKCN1VY1XU
New proposal for distributed storage. No useless token or dedicated blockchain, just pay in bitcoin for a service
Federico Tenga
boosted
Despite their claims, @[email protected]'s hosted mining services are absolutely a centralisation risk, just like any other hosted mining.
If you're going to buy hosted mining anyway, pick a small-hashrate company to provide it, but don't fool yourself into thinking it's comparable to actually mining yourself.
(BetterHash only helps when you physically control the hardware.)
Shit, I just destroyed my Cold Card wallet by forgetting the PIN. I set it up months ago, never put any money on it, now I wanted to start using it but I have no idea what PIN I used
I had no idea it was impossible to reset the device without the PIN
Just published a new article on locks, money and their role to developing large societies
"Locks made large human communities possible and money made trade scale. Bitcoin happens to be an improvement on both technologies"
It must be really annoying trying to build a "better Bitcoin", and having to rely mostly on marketing to achieve it. Altcoiners life looks stressful
Each time I receive the Bitcoin Optech Newsletter I feel like another week has passed and somehow I'm getting older
Now that phones have almost become a commodity, advance privacy features may become one of the few things people are willing to pay a premium for
After reading this I feel grateful for how Bitcoin was maintained, keeping me able to run a full archival indexed node on a cheap laptop without issues
I really like the signet proposal. I'd love to see it integrated into Core, although I'd prefer it without a default signer. For people using this feature I don't think it is a problem to specify a signet identifier parameter in the bitcoin.conf
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2019-March/016734.html
Does anyone have any paper or document that elaborates on the fact that blockchain analysis are not to be considered reliable?
I am consulting the Italian government for a "blockchain national strategy", and I wanted to pick the occasion to highly the fact that no one should ever be incriminated on the basis of blockchain analysis
Has anyone already tried coinjoin or other mixing techniques on Liquid? With CT implemented it can become a more convenient tool to make coins fungible, or if things go terribly wrong it could break the peg, which would still be an interesting learning experience
Original 1939 German Enigma machine of the Wehrmacht. Quite impressive for its time and very fun to try
Coinbase claims to support over 100k ERC-20 tokens. Are there really that many shitty tokens out there or they are just exaggerating?
https://blog.coinbase.com/announcing-bitcoin-btc-support-on-coinbase-wallet-e57aeadc7380
Nice presentation about the RGB protocol from @sjors https://youtu.be/fNrCcNwHLQs?t=2282
All the people advocating for a multi-chain/multi-coin future usually are not running full validating nodes, they instead just trust third parties and are ok with it
I find really stupid this whole "crypto asset" meme. What a cryto asset is even supposed to be, anything that uses cryptography to track ownership? I fail to see how this feature alone should create a new asset class as many are trying promote
Digital silver --> Better PoW --> Bitcoin's sidechain --> Privacy coin
Can't wait for the next narrative shift
Working on Bitcoin projects, you can read some of my stuff at https://medium.com/@FedericoTenga
Joined Aug 2018
