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/
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
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
I’m Hoarding Bitcoins, and No You Can’t Have Any
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
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)
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.
Just like on twitter, mastodon allows you to create bots with Python (and any programming language really).
A wrapper to make life easier for bot writers: https://github.com/halcy/Mastodon.py
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
The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!