Pierre Rochard @[email protected]

On November 14th @pierre_rochard will present remotely on bitcoinacks.com, the productivity tool for reviewing Bitcoin Core PRs at London Bitcoin Devs. Sign up here: https://www.meetup.com/London-Bitcoin-Devs/events/255661949/

This week's Optech newsletter has been published: https://bitcoinops.org/en/newsletters/2018/10/30/

Two things I think underappreciated about Bitcoin scaling in the near future: (1) Schnorr signature aggregation is a huge deal because what's vastly more important than the size of a block is *how many signatures a full node needs to verify per second*, and aggregation reduces it dramatically, (2) sig aggregation is a non-trivial endeavour, to say the least - it's *much* harder than just implementing a Schnorr signature (which has benefits on its own, to be clear).

Merged PR from jimpo: BIP 158: Compact Block Filters for Light Clients https://github.com/bitcoin/bitcoin/pull/12254

I've created @bitcoinmerges!
this bot will send a toot every time something is merged into the bitcoin core github repository, similar to Pierre Rochard's bitcoinmerges on birdsite

@NodedPodcast by @pierre_rochard and @bitstein is my favourite. Can't wait for a new episode to drop in. It goes into depth and has some great speakers.

"In no way is the price [of #Bitcoin] remotely related the #block size limit." -- @pierre_rochard

https://twitter.com/pierre_rochard/status/977453694089416704

Gabor Gurbacs digital asset strategist/director at VanEck on Noded 20.0 said “once our ETF comes out”. Note he didnt say “if”. @NodedPodcast @pierre_rochard @bitstein

I just published “A Review of Budish’s 51% Attack Theories - What is the Fair Price of An Old ASIC?” https://medium.com/@hugonguyen/a-review-of-budishs-51-attack-theories-what-is-the-fair-price-of-an-old-asic-59a7dcf9ff94

Great list. Excited to be here at the start of something more anti-fragile.

@alonsovalencia @MrHodl @pierre_rochard @mattodell @jeremy @Gargron @nvk @duudl3 @samourai_official @Ragnarly

I’m Hoarding Bitcoins, and No You Can’t Have Any

https://nakamotoinstitute.org/mempool/im-hoarding-bitcoins-and-no-you-cant-have-any/

1/3

Effects of hard money:

"Moreover, in an exchange economy, the saver-investor also contributes to a lowering of the time-preference rate of nonsavers. With the accumulation of capital goods, the relative scarcity of labor services increases, and wage rates, ceteris paribus, will rise. Higher wage rates imply a rising supply of present goods for previous nonsavers. Thus, even those individuals who were previously nons avers will see their personal time-preference rates fall."

- H.-H. Hoppe

I'm on Mastodon because the Bitcoin Network routes around obstacles as easily as water runs down hill. We are a force of nature that no amount of social engineering can change.

1. Mastodon supports 2FA, so you should go enable that in settings.

2. Use a vpn or tor if you don't want @nvk to know your ip address(es)

Some people have been asking for list of Bitcoiners to follow. There's lots of excellent people here all with different interests, so I decided to just focus on people who are experts in cryptography (especially the protocols related to Bitcoin), the Bitcoin Protocol, or both. It's currently not many people!

Instead of making a list, I made a beacon account so you can access its follower list via your usual frontend: https://hash.social/users/followsexperts

Great article by CFA Nik Bhatia explaining Bitcoin’s second layer and the potential it has for establishing time value and a reference rate for Bitcoin.

https://medium.com/@timevalueofbtc/the-bitcoin-second-layer-d503949d0a06

I want to emphasize that I am very skeptical that #CryptoMastodon will take off. But i'm willing to try, because:

1. We need to learn how to continue the conversation under censorship

2. We need alternatives to Twitter and Reddit

3. Help platforms like @mastodon improve

4. Figure out how to transport identity and reputation

5. Find more alternatives

6. Enjoy some #shitposting