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@ 95cbd62b:a5270126
2025-05-24 14:06:33Trong thời đại công nghệ số phát triển mạnh mẽ, nhu cầu tìm kiếm một nền tảng tích hợp đầy đủ tiện ích, an toàn và thân thiện với người dùng ngày càng tăng cao. OK22 đã chứng minh vị thế của mình không chỉ là một nền tảng giải trí trực tuyến, mà còn là một công cụ công nghệ thông minh phục vụ mọi nhu cầu trong đời sống số. Với thiết kế giao diện 100% tiếng Việt và khả năng tương thích trên mọi thiết bị từ máy tính đến điện thoại, OK22 mang đến cho người dùng trải nghiệm mượt mà, dễ sử dụng và hoàn toàn bảo mật. Được phát triển trên nền tảng công nghệ hiện đại, OK22 hỗ trợ người dùng quản lý thông tin cá nhân, thực hiện giao dịch nhanh chóng, lưu trữ dữ liệu an toàn và tiếp cận các tiện ích công nghệ tiên tiến một cách dễ dàng, kể cả với người mới sử dụng.
Một trong những điểm mạnh nổi bật của OK22 chính là khả năng tự động hóa trong xử lý tác vụ, giúp tiết kiệm thời gian và tối ưu hóa hiệu suất làm việc. Nền tảng được trang bị hệ thống bảo mật cao cấp, bảo vệ tối đa quyền riêng tư và tài sản số của người dùng. OK22 còn cung cấp hệ thống hỗ trợ trực tuyến 24/7, giúp người dùng giải quyết mọi vấn đề nhanh chóng mà không bị gián đoạn. Dù là một cá nhân đang tìm kiếm công cụ quản lý tài chính cá nhân, một doanh nghiệp nhỏ cần nền tảng để xử lý đơn hàng và thanh toán, hay một nhóm cộng đồng cần không gian kết nối số – OK22 đều có thể đáp ứng linh hoạt và hiệu quả. Không những vậy, nhờ tích hợp nhiều tính năng như thông báo tự động, đồng bộ dữ liệu đám mây, và tích hợp API mở, OK22 còn dễ dàng kết nối với các nền tảng khác trong hệ sinh thái số, giúp người dùng tạo nên một môi trường làm việc và sinh hoạt thông minh.
Không dừng lại ở đó, OK22 đang ngày càng mở rộng hợp tác với các đối tác lớn trong nhiều lĩnh vực như giáo dục trực tuyến, thương mại điện tử, chăm sóc sức khỏe và tài chính cá nhân. Nền tảng không ngừng cập nhật những công nghệ tiên tiến như AI, blockchain và dữ liệu lớn (Big Data) nhằm mang lại trải nghiệm người dùng tối ưu và đáp ứng nhu cầu ngày càng đa dạng của cộng đồng Việt. Với tốc độ xử lý nhanh, giao diện trực quan và độ tin cậy cao, OK22 không chỉ đơn thuần là một ứng dụng công nghệ – mà còn là người bạn đồng hành tin cậy trong hành trình số hóa của người Việt. Trong tương lai gần, OK22 hứa hẹn sẽ trở thành nền tảng công nghệ không thể thiếu trong mỗi gia đình, tổ chức và doanh nghiệp, đóng vai trò then chốt trong việc thúc đẩy chuyển đổi số toàn diện và phát triển bền vững.
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@ 0e9491aa:ef2adadf
2025-05-24 14:01:35Influencers would have you believe there is an ongoing binance bank run but bitcoin wallet data says otherwise.
- binance wallets are near all time highs
- bitfinex wallets are also trending up
- gemini and coinbase are being hit with massive withdrawals thoughYou should not trust custodians, they can rug you without warning. It is incredibly important you learn how to hold bitcoin yourself, but also consider not blindly trusting influencers with a ref link to shill you.
If you found this post helpful support my work with bitcoin.
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@ c9badfea:610f861a
2025-05-24 12:55:17Before you post a message or article online, let the LLM check if you are leaking any personal information using this prompt:
Analyze the following text to identify any Personally Identifiable Information (PII): <Your Message>
Replace
<Your Message>
with your textIf no PII is found, continue by modifying your message to detach it from your personality. You can use any of the following prompts (and further modify it if necessary).
Prompt № 1 - Reddit-Style
Convert the message into a casual, Reddit-style post without losing meaning. Split the message into shorter statements with the same overall meaning. Here is the message: <Your Message>
Prompt № 2 - Advanced Modifications
``` Apply the following modifications to the message: - Rewrite it in lowercase - Use "u" instead of "you" - Use "akchoaly" instead of "actually" - Use "hav" instead of "have" - Use "tgat" instead of "that" - Use comma instead of period - Use British English grammar
Here is the message:
``` Prompt № 3 - Neutral Tone
Rewrite the message to correct grammar errors, and ensure the tone is neutral and free of emotional language: <Your Message>
Prompt № 4 - Cross Translation Technique
Translate the message into Chinese, then translate the resulting Chinese text back into English. Provide only the final English translation. Here is the message: <Your Message>
Check the modified message and send it.
ℹ️ You can use dialects to obfuscate your language further. For example, if you are from the US, you can tell the LLM to use British grammar and vice versa.
⚠️ Always verify the results. Don't fully trust an LLM.
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@ 8bf578f4:b6303c41
2025-05-24 12:19:50test
https://nosto.re/6849b84caaa15bdc18ca2e1e1ee00e979c7ecf901787e09054b4bd0196b4ea27.jpg
test svg
https://r2a.primal.net/uploads2/5/b8/22/5b822faaf675e75f49c0129d1f0800762287d04fa3a7a7ce98dddfd017aaf823.svg
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@ 04c915da:3dfbecc9
2025-05-20 15:53:48This piece is the first in a series that will focus on things I think are a priority if your focus is similar to mine: building a strong family and safeguarding their future.
Choosing the ideal place to raise a family is one of the most significant decisions you will ever make. For simplicity sake I will break down my thought process into key factors: strong property rights, the ability to grow your own food, access to fresh water, the freedom to own and train with guns, and a dependable community.
A Jurisdiction with Strong Property Rights
Strong property rights are essential and allow you to build on a solid foundation that is less likely to break underneath you. Regions with a history of limited government and clear legal protections for landowners are ideal. Personally I think the US is the single best option globally, but within the US there is a wide difference between which state you choose. Choose carefully and thoughtfully, think long term. Obviously if you are not American this is not a realistic option for you, there are other solid options available especially if your family has mobility. I understand many do not have this capability to easily move, consider that your first priority, making movement and jurisdiction choice possible in the first place.
Abundant Access to Fresh Water
Water is life. I cannot overstate the importance of living somewhere with reliable, clean, and abundant freshwater. Some regions face water scarcity or heavy regulations on usage, so prioritizing a place where water is plentiful and your rights to it are protected is critical. Ideally you should have well access so you are not tied to municipal water supplies. In times of crisis or chaos well water cannot be easily shutoff or disrupted. If you live in an area that is drought prone, you are one drought away from societal chaos. Not enough people appreciate this simple fact.
Grow Your Own Food
A location with fertile soil, a favorable climate, and enough space for a small homestead or at the very least a garden is key. In stable times, a small homestead provides good food and important education for your family. In times of chaos your family being able to grow and raise healthy food provides a level of self sufficiency that many others will lack. Look for areas with minimal restrictions, good weather, and a culture that supports local farming.
Guns
The ability to defend your family is fundamental. A location where you can legally and easily own guns is a must. Look for places with a strong gun culture and a political history of protecting those rights. Owning one or two guns is not enough and without proper training they will be a liability rather than a benefit. Get comfortable and proficient. Never stop improving your skills. If the time comes that you must use a gun to defend your family, the skills must be instinct. Practice. Practice. Practice.
A Strong Community You Can Depend On
No one thrives alone. A ride or die community that rallies together in tough times is invaluable. Seek out a place where people know their neighbors, share similar values, and are quick to lend a hand. Lead by example and become a good neighbor, people will naturally respond in kind. Small towns are ideal, if possible, but living outside of a major city can be a solid balance in terms of work opportunities and family security.
Let me know if you found this helpful. My plan is to break down how I think about these five key subjects in future posts.
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@ 90c656ff:9383fd4e
2025-05-24 12:11:01Since its creation, Bitcoin has marked a turning point in the digital money revolution—but its evolution didn’t stop at the original concept of decentralized transactions. Over the years, new technological solutions have been developed to expand its capabilities, making it more efficient and versatile. Among these innovations, smart contracts and the Lightning Network stand out, enabling increased functionality and scalability of the network, and ensuring a faster, cheaper, and more accessible system.
Smart contracts on Bitcoin
Smart contracts are programs that automatically execute certain actions when predefined conditions are met. Although the concept is more commonly associated with other networks, Bitcoin also supports smart contracts, especially through upgrades like Taproot.
- Smart contracts on Bitcoin enable functionalities such as:
01 - Conditional payments: Transactions that are only completed if certain rules are met, such as multi-signatures or specific time conditions.
02 - Advanced fund management: Use of multi-signature wallets, where different parties must approve a transaction before it is processed.
03 - Enhanced privacy: With the Taproot upgrade, smart contracts can be more efficient and indistinguishable from regular transactions, improving privacy across the network.
Although smart contracts on Bitcoin are simpler than those on other platforms, this simplicity is a strength—it preserves the network's security and robustness by avoiding complex vulnerabilities.
Lightning Network: scalability and instant transactions
One of the biggest challenges Bitcoin faces is scalability. Since the original network was designed to prioritize security and decentralization, transaction speed can be limited during periods of high demand. To address this issue, the Lightning Network was created—a second-layer solution that enables near-instant transactions with extremely low fees.
The Lightning Network works by creating payment channels between users, allowing them to conduct multiple transactions off-chain and recording only the final balance on the main Bitcoin blockchain or timechain. Key advantages include:
01 - Speed: Transactions are completed in milliseconds, making Bitcoin more suitable for daily payments.
02 - Low fees: Since transactions occur off-chain, fees are minimal, allowing for viable microtransactions.
03 - Network decongestion: By moving many transactions to the Lightning Network, Bitcoin’s main chain becomes more efficient and less congested.
In summary, Bitcoin continues to evolve technologically to meet the demands of a global financial system. Smart contracts increase its functionality, offering greater flexibility and security in transactions. The Lightning Network improves scalability, making Bitcoin faster and more practical for everyday use. With these innovations, Bitcoin remains at the forefront of the financial revolution, proving that despite its initial limitations, it continues to adapt and grow as a truly decentralized and global monetary system.
Thank you very much for reading this far. I hope everything is well with you, and sending a big hug from your favorite Bitcoiner maximalist from Madeira. Long live freedom!
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@ 90c656ff:9383fd4e
2025-05-24 12:06:36Throughout history, money has always been under the control of central authorities, such as governments and banks. These intermediaries have set the rules of the financial system, controlled the issuance of currency, and overseen transactions. However, with the emergence of Bitcoin, a new paradigm began to take shape: decentralized money. This transformation represents a profound shift in how people store and transfer value, challenging the traditional financial model.
- The traditional model: centralized money
01 - Dependence on intermediaries: To carry out transactions, people rely on banks, governments, and other regulatory entities.
02 - Inflation and devaluation: Central banks can print money endlessly, often leading to a loss in purchasing power.
03 - Censorship and restrictions: Access to money can be denied for political, bureaucratic, or institutional reasons, limiting individuals’ financial freedom.
Despite being the dominant model for centuries, the centralized system has shown its vulnerabilities through numerous economic and political crises. It was in this context that Bitcoin emerged as an innovative alternative.
- The revolution of decentralized money
01 - Elimination of intermediaries: Transactions can be made directly between users, without the need for banks or financial companies.
02 - Limited and predictable supply: Bitcoin has a fixed cap of 21 million units, preventing the inflation caused by excessive money printing.
03 - Censorship resistance: No entity can block or prevent transactions, ensuring full financial freedom.
04 - Self-custody: Each user can hold their own funds without relying on a bank or any other institution.
This paradigm shift has a significant impact not only on the financial system but also on how people interact with money and protect their wealth.
Challenges and opposition to financial decentralization
The transition to a decentralized financial system faces several challenges, the main one being resistance from traditional institutions. Banks and governments see Bitcoin as a threat to their control over money and seek to regulate or limit its adoption.
There are also technical and educational barriers. Many people still do not fully understand how Bitcoin works, which can hinder its adoption. However, as more people become aware of the benefits of decentralized money, its use is likely to grow.
In summary, the shift from a centralized financial system to a decentralized one represents one of the most significant transformations of the digital era. Bitcoin leads this movement by offering a censorship-resistant, transparent, and accessible alternative. Despite opposition from the traditional system, the decentralization of money continues to gain momentum, providing greater autonomy and financial freedom to people around the world. This revolution is not just technological, but also social and economic—redefining the way the world understands and uses money.
Thank you very much for reading this far. I hope everything is well with you, and sending a big hug from your favorite Bitcoiner maximalist from Madeira. Long live freedom!
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@ 9ca447d2:fbf5a36d
2025-05-24 12:01:39Ed Suman, a 67-year-old retired artist who helped create large sculptures like Jeff Koons’ Balloon Dog, reportedly lost his entire life savings — over $2M in digital assets — in a sophisticated scam.
The incident is believed to be tied to the major data breach at Coinbase, one of the world’s largest digital asset exchanges.
Suman’s story is part of a bigger wave of attacks on digital asset holders using stolen personal info, and has triggered lawsuits, regulatory concerns and questions about digital security in the Bitcoin space.
In March 2025, Suman got a text message about suspicious activity on his Coinbase account. After Suman reported he was unaware of any unauthorized activity regarding his account, he got a call from a man who introduced himself as Brett Miller from Coinbase Security.
The guy sounded legit — he knew Suman’s setup, including that he used a Trezor Model One hardware wallet, a device meant to keep bitcoin and other digital assets offline and safe.
Suman told Bloomberg the guy knew everything, including the exact amount of digital assets he had.
The attacker persuaded Suman that his Trezor One hardware wallet and its funds were at risk and walked him through a “security procedure” that involved entering his seed phrase into a website that looked exactly like Coinbase, in order to “link his wallet to Coinbase”.
Nine days later, another guy called and repeated the process, saying the first one didn’t work.
And then, all of Suman’s digital assets — 17.5 bitcoin and 225 ether — were gone. At the time, bitcoin was around $103,000 and ether around $2,500, so the stolen stash was worth over $2 million.
Suman turned to digital assets after retiring from a decades-long art career. He stored his assets in cold storage to avoid the risks of online exchanges. He thought he did everything right.
Suman’s attackers didn’t pick his name out of a hat.
It looks like his personal info may have been leaked in the major breach at Coinbase. The company confirmed on May 15 that some of its customer service reps in India were bribed to access internal systems and steal customer data.
The stolen data included names, phone numbers, email addresses, balances and partial Social Security numbers.
According to Coinbase’s filing with the U.S. Securities and Exchange Commission, the breach may have started as early as January and affected nearly 1% of the company’s active monthly users — tens of thousands of people.
Hackers demanded $20M from Coinbase to keep the breach quiet but the company refused to pay. Coinbase says it fired the compromised agents and is setting aside $180M to $400M to reimburse affected users.
But so far, Suman hasn’t been told if he’ll be reimbursed.
Since the breach was disclosed, Coinbase has been hit with at least six lawsuits.
The lawsuits claim the company failed to protect user data and handled the aftermath poorly. One lawsuit filed in New York federal court on May 16 says Coinbase’s response was “inadequate, fragmented, and delayed.”
“Users were not promptly or fully informed of the compromise,” the complaint states, “and Coinbase did not immediately take meaningful steps to mitigate further harm.”
Some lawsuits are seeking damages, others are asking Coinbase to purge user data and improve its security. Coinbase has not commented on the lawsuits but pointed reporters to a blog post about its response.
Suman’s case is a cautionary tale across the Bitcoin world. He used a hardware wallet (considered the gold standard of Bitcoin security) and was still tricked through social engineering. Even the strongest security is useless if you don’t understand how Bitcoin works.
It’s never too early for Bitcoiners to start learning more about Bitcoin, especially on how to keep their stash safe. And the first lesson is “never ever share your seed phrase with anyone”.
Related: Bitcoin Hardware Wallet Hacks: What You Need to Know
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@ 21335073:a244b1ad
2025-05-21 16:58:36The other day, I had the privilege of sitting down with one of my favorite living artists. Our conversation was so captivating that I felt compelled to share it. I’m leaving his name out for privacy.
Since our last meeting, I’d watched a documentary about his life, one he’d helped create. I told him how much I admired his openness in it. There’s something strange about knowing intimate details of someone’s life when they know so little about yours—it’s almost like I knew him too well for the kind of relationship we have.
He paused, then said quietly, with a shy grin, that watching the documentary made him realize how “odd and eccentric” he is. I laughed and told him he’s probably the sanest person I know. Because he’s lived fully, chasing love, passion, and purpose with hardly any regrets. He’s truly lived.
Today, I turn 44, and I’ll admit I’m a bit eccentric myself. I think I came into the world this way. I’ve made mistakes along the way, but I carry few regrets. Every misstep taught me something. And as I age, I’m not interested in blending in with the world—I’ll probably just lean further into my own brand of “weird.” I want to live life to the brim. The older I get, the more I see that the “normal” folks often seem less grounded than the eccentric artists who dare to live boldly. Life’s too short to just exist, actually live.
I’m not saying to be strange just for the sake of it. But I’ve seen what the crowd celebrates, and I’m not impressed. Forge your own path, even if it feels lonely or unpopular at times.
It’s easy to scroll through the news and feel discouraged. But actually, this is one of the most incredible times to be alive! I wake up every day grateful to be here, now. The future is bursting with possibility—I can feel it.
So, to my fellow weirdos on nostr: stay bold. Keep dreaming, keep pushing, no matter what’s trending. Stay wild enough to believe in a free internet for all. Freedom is radical—hold it tight. Live with the soul of an artist and the grit of a fighter. Thanks for inspiring me and so many others to keep hoping. Thank you all for making the last year of my life so special.
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@ 9ca447d2:fbf5a36d
2025-05-24 11:01:40Singapore, May 14, 2025 — NEUTRON, the leading Lightning Network infrastructure provider in Asia, is announcing a new partnership with Cobo, a globally trusted digital asset custody platform.
Through this collaboration, Cobo will integrate Neutron’s Lightning Network API, enabling real-time, cost-effective Bitcoin transactions across its services.
Neutron’s mission is to make the Lightning Network the financial backbone for modern Bitcoin use, bridging traditional finance with Bitcoin’s borderless, decentralized economy.
“We’re thrilled to partner with Cobo, a trusted leader in custodial services, to further accelerate Bitcoin infrastructure across Asia,” said Albert Buu, CEO of Neutron.
“At Neutron, we are committed to providing enterprise businesses with easy and efficient integration into the Lightning Network, enabling next-generation global real-time settlement solutions.
“This partnership will not only drive innovation but also empower businesses across Asia with the fast, secure, and cost-effective benefits of Bitcoin payments.”
Neutron: The Lightning Engine for Bitcoin Adoption
Neutron provides a comprehensive API suite that allows businesses to instantly access the power of the Lightning Network, Bitcoin’s second-layer protocol designed for high-speed, scalable, and low-fee payments.
The integration is part of Neutron’s broader vision to equip forward-thinking institutions with the tools needed to participate in the next generation of Bitcoin utility.
Lightning-Powered Custody for the Next Era of Finance
Cobo’s integration of Neutron’s API gives institutional clients an additional option for BTC settlement, making Lightning Network access more programmable and easier to integrate within their existing systems.
“At Cobo, we’ve built our custody platform to combine uncompromising security with the scalability institutions need to grow,” said Dr. Changhao Jiang, CTO and Co-Founder of Cobo.
“Integrating Neutron’s Lightning Network API allows us to offer real-time, low-cost Bitcoin settlement at scale without compromising on trust or performance. Together, we’re laying the groundwork for faster, more efficient Bitcoin infrastructure across Asia.”
About Neutron
Neutron is Asia’s leading Bitcoin infrastructure company, helping businesses and individuals unlock the power of the Lightning Network, specializing in Lightning-as-a-Service.
nThrough its scalable API platform, mobile app, and lending product, Neutron empowers businesses and individuals to send, receive, save, and build with Bitcoin.
Want to bring Lightning into your product or platform? Reach out to our team at sales@neutron.me or visit us at www.neutron.meAbout Cobo
Cobo is a trusted leader in digital asset custody and wallet infrastructure, providing an all-in-one platform for organizations and developers to easily build, automate, and scale their digital asset businesses securely.
Founded in 2017 by blockchain pioneers and headquartered in Singapore, Cobo is trusted by more than 500 leading digital asset businesses globally, safeguarding billions of dollars in assets.
Today, Cobo offers the industry’s only unified wallet platform that integrates all four digital asset wallet technologies – Custodial Wallets, MPC Wallets, Smart Contract Wallets, and Exchange Wallets.
Committed to the highest security standards and regulatory compliance, Cobo has a zero-incident track record and holds ISO 27001, SOC2 (Type 1 and Type 2) certifications, as well as licenses in multiple jurisdictions.
Recognized for its industry-leading innovations, Cobo has received accolades from prestigious entities such as Hedgeweek and Global Custodian. For more information, please visit www.cobo.com
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@ 51bbb15e:b77a2290
2025-05-21 00:24:36Yeah, I’m sure everything in the file is legit. 👍 Let’s review the guard witness testimony…Oh wait, they weren’t at their posts despite 24/7 survellience instructions after another Epstein “suicide” attempt two weeks earlier. Well, at least the video of the suicide is in the file? Oh wait, a techical glitch. Damn those coincidences!
At this point, the Trump administration has zero credibility with me on anything related to the Epstein case and his clients. I still suspect the administration is using the Epstein files as leverage to keep a lot of RINOs in line, whereas they’d be sabotaging his agenda at every turn otherwise. However, I just don’t believe in ends-justify-the-means thinking. It’s led almost all of DC to toss out every bit of the values they might once have had.
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@ 8bad92c3:ca714aa5
2025-05-24 11:01:08Marty's Bent
It's been a hell of a week in Austin, Texas. The Texas Energy & Mining Summit was held at Bitcoin Park Austin on Tuesday and yesterday. Around 200 people from across the energy sector and the mining sector convened to discuss the current state of bitcoin mining, how it integrates with energy systems, and where things are going in the near to medium term. Representatives from ERCOT, Halliburton, and some of the largest mining companies in the world were in attendence. Across town, Bitcoin++ is holding their conference on mempools, which is fitting considering there is currently an ongoing debate about mempool policy and whether or not Bitcoin Core should eliminate the data limit on OP_RETURN.
I've had the pleasure of participating in both events. At the Texas Energy & Mining Summit I opened up the two-day event with the opening panel on why Texas is perfectly suited not only for bitcoin mining but for the bitcoin industry in general. Texas is a state that highly values private property rights, low taxes, and free market competition. It's become clear to me over the four years that I've lived in Texas that it is an incredible place to start a bitcoin business. The energy down here (pun intended) is palpable.
I also hosted the ending panel with Nick Gates from Priority Power, Will Cole from Zaprite and Jay Beddict from Foundry about what we have to look forward to through the rest of the year. I think the consensus was pretty clear on the panel, there's never been a more bullish setup for bitcoin historically. The political support we're getting here in the United States, the institutional adoption that we're seeing, and the fervor around protocol level development are all pointing in the right direction. Even though the discussions around protocol development can be contentious at times, it's a signal that people really care about this open source monetary protocol that we're all building on. We all agreed that Bitcoin has never been more de-risked than it is today. That is not to say that there aren't any risk.
We also discussed the problem with mining pool centralization and the FPPS payout scheme and why people need to be paying attention to it. But I think overall, things are looking pretty good right now.
Yesterday I also had the pleasure of running the live desk at Bitcoin++ speaking with many of the developers building out the protocol layer and layers above bitcoin. It's always extremely humbling to sit down and speak with the developers because they are so damn smart. Brilliant people who really care deeply about bitcoin. Even though many of them have very different views about the state of bitcoin and how to build it out moving forward. I view my role on the live desk is simply to try to get everybody's perspective. Not only on the OP_RETURN discussion, but on the future of bitcoin and how the protocol progresses from a technical perspective.
I had many conversations. The first with Average Gary and VNPRC, who are working on hashpools, which are attempting to solve the mining pool centralization and privacy problems that exists by using ecash. Hashpool gives miners the ability to exchange hash shares for ehash tokens. that are immediately liquid and exchangeable for bitcoin over the lightning network. Solving the consistent payout and liquidity problem that miners are always trying to solve. Currently FPPS payout schemes are the way they solve these problems. I'm incredibly optimistic about the hashpools project.
I also had the pleasure of speaking with SuperTestNet and Dusty Daemon, who are both focused on making bitcoin more inherently private at the protocol layer and on the lightning network. I think Dusty's work on splicing is very underappreciated right now and is something that you should all look into. Dusty also explained an idea he has that would make CoinJoin coordination much easier by creating a standardized coordination protocol. I'm going to butcher the explanation here, But I think the general idea is to create a way for people to combine inputs by monitoring the lightning network and looking for individual actors who are looking to rebalance channels and opportunistically set up a collaborative transaction with them. This is something I think everyone should look into and champion because I think it would be incredibly beneficial to on-chain privacy. As Bitcoin scales and gets adopted by millions and billions of people over the next few decades.
I also had the pleasure of speaking with Andrew Poelstra and Boerst about cryptography and block templates. For those of you who are unaware, Andrew Poelstra the Head of Research at Blockstream and on the cutting edge of the cryptography that bitcoin uses and may implement in the future. We had a wide ranging discussion about OP_RETURN, FROST, Musig2, Miniscript, quantum. resistant cryptographic libraries, and how Bitcoin Core actually works as a development project.
I also spoke with Liam Egan from Alpen Labs. He's working on ZK rollups on Bitcoin. Admittedly, this is an area I haven't explored too deeply, so it was awesome to sit down with Liam and get his perspective. Alpen Labs is leveraging BitVM to enable their rollups.
I highly recommend if and when you get the time to check out the YouTube stream of the Live Desk. A lot of very deep, technical conversations, but if you're really interested to learn how bitcoin actually works and some of the ideas that are out there to make it better, this is an incredible piece of content to watch. I'm about to head over for day two of Bitcoin++ to run the Live Desk again. So if you get this email before we go live make sure you subscribe to the YouTube channel and tune in for the day.
One thing I will say. Last night, there was a debate about OP_RETURN and I think it's important to note that despite how vitriolic people may get on Twitter, it's always interesting to see people with diametrically opposed views get together and have civil debates. It's obvious that everyone involved cares deeply about bitcoin. Having these tough conversations in person is very important. Particularly, civil conversations. I certainly think yesterday's debate was civil. Though, I will say I think that as bitcoiners, we should hold ourselves to a higher standard of decorum when debates like this are had.
Tyler Campbell from Unchained mentioned that it is insane that there was such a small group of people attending this particular debate about the future of a two trillion dollar protocol. Bitcoin is approaching $100,000 again as I type and no one in big tech, no one in big finance outside of people looking for bitcoin treasury plays is really paying attention to what's happening at the protocol level. This is simply funny to observe and probably a good thing in the long run. But, Meta, Stripe, Apple, Visa, Mastercard and the Teslas of the world are all asleep at the wheel as we build out the future of money.
The $1 Trillion Basis Trade Time Bomb
The massive basis trade currently looming over financial markets represents a systemic risk that dwarfs previous crises. As James Lavish warned during our conversation, approximately $1 trillion in leveraged positions exist within this trade - ten times larger than those held by Long-Term Capital Management before its 1998 collapse. These trades employ staggering leverage ratios between 20x to 100x just to make minuscule basis point differences profitable. The Brookings Institution, which Lavish describes as a "tacit research arm of the Fed," has published a paper explicitly warning about this trade's dangers.
"The Brookings Institution came out with a solution... instead of printing money this time, the Fed will just take the whole trade off of the hedge funds books. Absolutely, utterly maniacal. The thought of the Fed becoming a hedge fund... it's nuts." - James Lavish
What makes this situation particularly alarming is how an unwind could trigger cascading margin calls throughout interconnected financial markets. As Lavish explained, when positions begin unwinding, prices move dramatically, triggering more margin calls that force more selling. This "powder keg behind the scenes" is being closely monitored by sophisticated investors who understand its destructive potential. Unlike a controlled demolition, this unwinding could quickly become chaotic, potentially forcing unprecedented Fed intervention.
Check out the full podcast here for more on Bitcoin's role as the neutral reserve asset, nation-state mining strategies, and the repeal of SAB 121's impact on banking adoption.
Headlines of the Day
Panama City Signs Deal for Bitcoin Municipal Payments - via X
U.S. Economy Polls Show Falling Confidence in Trump Leadership - via CNBC
Jack Mallers's Bitcoin Bank Targets $500 Trillion Market - via X
Bitcoin Decouples From Markets With 10% Gain Amid Asset Slump - via X
Looking for the perfect video _to push the smartest person you know from zero to one on bitcoin? Bitcoin, Not Crypto is a three-part master class from Parker Lewis and Dhruv Bansal that cuts through the noise—covering why 2
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@ 3c506452:fef9202b
2025-05-24 10:55:21Kia ora ra!
I thought I'd look into the claim made by Tim Ferriss and see if these sentence patterns are able to give a brief overview of te reo and it's structure.
I initially struggled to stick with a single sentence as it didn't accurately reflect how the reo is actually spoken so I have included what I feel are the most "normal" sounding structures that one will probably encounter.
Here is the full list:
1. The apple is red.
E whero te tae o te aporo / E whero te aporo.\ He whero te tae o te aporo / He whero te aporo.\ Ko te aporo e whero nei te tae / Ko te aporo e whero nei tona tae.\ E whero ana te tae o te aporo.\ He aporo whero / Ko te aporo whero.
2. It is John's apple.
Ma John te aporo / Na John te aporo.\ He aporo ma John / He aporo na John.\ Ko te aporo a John / Ko ta John aporo.
3. I give John the apple.
Mahaku te aporo e hoatu ma John.\ E hoatu ana te aporo ki a John.\ Ko te aporo e hoatu nei e au ki a John.\ E hoatu ana mahana.
4. We give him the apple.
Ma ma[ua/tou] te aporo e hoatu ma John.\ E hoatu ana te aporo ki a John.\ Ko te aporo e hoatu nei e ma[ua/tou] ki a John.\ E hoatu ana mahana.
5. He gives it to John.
Mahana e hoatu ma John / Nahana i hoatu ma John.\ E hoatu ana ki a John.\ E hoatu ana mahana.
6. She gives it to him.
Mahana e hoatu mahana / Nahana i hoatu mahana.\ Mahana e hoatu / Nahana i hoatu.\ E hoatu ana ki a ia.\ E hoatu ana mahana.
7. Is the apple red?
E whero te tae o te aporo? / E whero te aporo?\ He whero te tae o te aporo?/ He whero te aporo?\ Ko te aporo e whero nei te tae? / Ko te aporo e whero nei tona tae?\ E whero ana te tae o te aporo?\ He aporo whero? / Ko te aporo whero?
8. The apples are red.
E whero te tae o nga aporo / E whero nga aporo.\ He whero te tae o nga aporo / He whero nga aporo.\ Ko nga aporo e whero nei te tae / Ko nga aporo e whero nei ona tae.\ E whero ana te tae o nga aporo.\ He aporo whero / Ko nga aporo whero.
9. I must give it to him.
Hoatu e au te mea ki a ia.\ Hoatu e au mahana.\ Mahaku e hoatu mahana.\ Me hoatu ki a ia.\ E hoatu ai mahana.
10. I want to give it to her.
Mahaku noa e hoatu.\ Waiho mahaku e hoatu.
- I'm going to know tomorrow. Apopo ka mohio ai / Aoake te ra ka mohio ai.\ Ka mohio au apopo / Ka mohio au a aoake te ra.
12. I can't eat the apple.
Ehara i te mea mahaku te aporo te kai.
13. I have eaten the apple.
Kua kai ke au i te aporo.\ Kua pau te aporo te kai i au.\ Nahaku te aporo i kai.\ Ko te aporo nahaku nei i kai ai.\ He mea kai e au te aporo.
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@ c9badfea:610f861a
2025-05-20 19:49:20- Install Sky Map (it's free and open source)
- Launch the app and tap Accept, then tap OK
- When asked to access the device's location, tap While Using The App
- Tap somewhere on the screen to activate the menu, then tap ⁝ and select Settings
- Disable Send Usage Statistics
- Return to the main screen and enjoy stargazing!
ℹ️ Use the 🔍 icon in the upper toolbar to search for a specific celestial body, or tap the 👁️ icon to activate night mode
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@ 1d7ff02a:d042b5be
2025-05-24 10:15:40ຄົນສ່ວນຫຼາຍມັກຈະມອງເຫັນ Bitcoin ເປັນສິນຊັບທີ່ມີຄວາມສ່ຽງສູງ ເນື່ອງຈາກມີອັດຕາການປ່ຽນແປງລາຄາທີ່ຮຸນແຮງແລະກວ້າງຂວາງໃນໄລຍະສັ້ນໆ. ແຕ່ຄວາມຈິງແລ້ວ ຄວາມຜັນຜວນຂອງ Bitcoin ແມ່ນຄຸນລັກສະນະພິເສດທີ່ສຳຄັນຂອງມັນ ບໍ່ແມ່ນຂໍ້ບົກພ່ອງ.
ລາຄາແມ່ນຫຍັງ?
ເພື່ອເຂົ້າໃຈເລື້ອງນີ້ດີຂຶ້ນ ເຮົາຕ້ອງເຂົ້າໃຈກ່ອນວ່າລາຄາໝາຍເຖິງຫຍັງ. ລາຄາແມ່ນການສະທ້ອນຄວາມຄິດເຫັນແລະການປະເມີນມູນຄ່າຂອງຜູ້ຊື້ແລະຜູ້ຂາຍໃນເວລາໃດໜຶ່ງ. ການຕັດສິນໃຈຊື້ຫຼືຂາຍໃນລາຄາໃດໜຶ່ງ ກໍແມ່ນການສື່ສານກັບຕະຫຼາດ ແລະກົນໄກຂອງຕະຫຼາດຈະຄ້ົນຫາແລະກໍານົດລາຄາທີ່ແທ້ຈິງຂອງສິນຊັບນັ້ນ.
ເປັນຫຍັງ Bitcoin ຈຶ່ງຜັນຜວນ?
Bitcoin ຖືກສ້າງຂຶ້ນບົນພື້ນຖານອິນເຕີເນັດ ເຮັດໃຫ້ການສື່ສານຄວາມຄິດເຫັນຂອງຜູ້ຄົນສາມາດເຮັດໄດ້ຢ່າງໄວວາ. ຍິ່ງໄປກວ່ານັ້ນ Bitcoin ມີລັກສະນະກະຈາຍສູນ (decentralized) ແລະບໍ່ມີຜູ້ຄວບຄຸມສູນກາງ ຈຶ່ງເຮັດໃຫ້ຄົນສາມາດຕັດສິນໃຈຊື້ຂາຍໄດ້ຢ່າງໄວວາ.
ສິ່ງນີ້ເຮັດໃຫ້ລາຄາຂອງ Bitcoin ສາມາດສະທ້ອນຄວາມຄິດເຫັນຂອງຄົນໄດ້ແບບເວລາຈິງ (real-time). ແລະເນື່ອງຈາກມະນຸດເຮົາມີຄວາມຄິດທີ່ບໍ່ແນ່ນອນ ມີການປ່ຽນແປງ ລາຄາຂອງ Bitcoin ຈຶ່ງປ່ຽນແປງໄປຕາມຄວາມຄິດເຫັນລວມຂອງຜູ້ຄົນແບບທັນທີ.
ປັດໄຈທີ່ເພີ່ມຄວາມຜັນຜວນ:
ຂະໜາດຕະຫຼາດທີ່ຍັງນ້ອຍ: ເມື່ອປຽບທຽບກັບຕະຫຼາດການເງິນແບບດັ້ງເດີມ ຕະຫຼາດ Bitcoin ຍັງມີຂະໜາດນ້ອຍ ເຮັດໃຫ້ການຊື້ຂາຍຈຳນວນໃຫຍ່ສາມາດສົ່ງຜົນກະທົບຕໍ່ລາຄາໄດ້ຫຼາຍ.
ການຄ້າຂາຍຕະຫຼອດ 24/7: ບໍ່ເຫມືອນກັບຕະຫຼາດຫຼັກຊັບທີ່ມີເວລາເປີດປິດ Bitcoin ສາມາດຊື້ຂາຍໄດ້ຕະຫຼອດເວລາ ເຮັດໃຫ້ການປ່ຽນແປງລາຄາສາມາດເກີດຂຶ້ນໄດ້ທຸກເວລາ.
ການປຽບທຽບກັບສິນຊັບອື່ນ
ເມື່ອປຽບທຽບກັບສິນຊັບອື່ນທີ່ມີການຄວບຄຸມ ເຊັ່ນ ສະກຸນເງິນທ້ອງຖິ່ນຫຼືທອງຄຳ ທີ່ເບິ່ງຄືວ່າມີຄວາມຜັນຜວນໜ້ອຍກວ່າ Bitcoin ນັ້ນ ບໍ່ແມ່ນຫມາຍຄວາມວ່າພວກມັນບໍ່ມີຄວາມຜັນຜວນ. ແຕ່ເປັນເພາະມີການຄວບຄຸມຈາກອົງການສູນກາງ ເຮັດໃຫ້ການສື່ສານຄວາມຄິດເຫັນຂອງຄົນໄປຮອດຕະຫຼາດບໍ່ແບບເວລາຈິງ.
ດັ່ງນັ້ນ ສິ່ງທີ່ເຮົາເຫັນແມ່ນການຊັກຊ້າ (delay) ໃນການສະແດງຄວາມຄິດເຫັນທີ່ແທ້ຈິງອອກມາເທົ່ານັ້ນ ບໍ່ແມ່ນຄວາມໝັ້ນຄົງຂອງມູນຄ່າ.
ກົນໄກການຄວບຄຸມແລະຜົນກະທົບ:
ສະກຸນເງິນ: ທະນາຄານກາງສາມາດພິມເງິນ ປັບອັດຕາດອກເບີ້ຍ ແລະແຊກແຊງຕະຫຼາດ ເຮັດໃຫ້ລາຄາບໍ່ສະທ້ອນມູນຄ່າທີ່ແທ້ຈິງໃນທັນທີ.
ຫຼັກຊັບ: ມີລະບຽບການຫຼາຍຢ່າງ ເຊັ່ນ ການຢຸດການຊື້ຂາຍເມື່ອລາຄາປ່ຽນແປງຫຼາຍເກີນໄປ (circuit breakers) ທີ່ຂັດຂວາງການສະແດງຄວາມຄິດເຫັນທີ່ແທ້ຈິງ.
ທອງຄຳ: ຖຶງແມ່ນຈະເປັນສິນຊັບທີ່ບໍ່ມີການຄວບຄຸມ ແຕ່ຕະຫຼາດທອງຄຳມີຂະໜາດໃຫຍ່ກວ່າ Bitcoin ຫຼາຍ ແລະມີການຄ້າແບບດັ້ງເດີມທີ່ຊ້າກວ່າ.
ບົດສະຫຼຸບ
ການປຽບທຽບຄວາມຜັນຜວນລະຫວ່າງ Bitcoin ແລະສິນຊັບອື່ນໆ ໂດຍໃຊ້ໄລຍະເວລາສັ້ນນັ້ນ ບໍ່ມີຄວາມສົມເຫດສົມຜົນປານໃດ ເພາະວ່າປັດໄຈເລື້ອງການຊັກຊ້າໃນການສະແດງຄວາມຄິດເຫັນນີ້ແມ່ນສິ່ງສຳຄັນທີ່ສົ່ງຜົນຕໍ່ລາຄາທີ່ແທ້ຈິງ.
ສິ່ງທີ່ຄວນເຮັດແທ້ໆແມ່ນການນຳເອົາກອບເວລາທີ່ກວ້າງຂວາງກວ່າມາວິເຄາະ ເຊັ່ນ ເປັນປີຫຼືຫຼາຍປີ ແລ້ວຈຶ່ງປຽບທຽບ. ດ້ວຍວິທີນີ້ ເຮົາຈຶ່ງຈະເຫັນປະສິດທິຜົນແລະການດຳເນີນງານທີ່ແທ້ຈິງຂອງ Bitcoin ໄດ້ຢ່າງຈະແຈ້ງ
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@ 57d1a264:69f1fee1
2025-05-24 06:07:19Definition: when every single person in the chain responsible for shipping a product looks at objectively horrendous design decisions and goes: yup, this looks good to me, release this. Designers, developers, product managers, testers, quality assurance... everyone.
I nominate Peugeot as the first example in this category.
Continue reading at https://grumpy.website/1665
https://stacker.news/items/988044
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@ 04c915da:3dfbecc9
2025-05-20 15:47:16Here’s a revised timeline of macro-level events from The Mandibles: A Family, 2029–2047 by Lionel Shriver, reimagined in a world where Bitcoin is adopted as a widely accepted form of money, altering the original narrative’s assumptions about currency collapse and economic control. In Shriver’s original story, the failure of Bitcoin is assumed amid the dominance of the bancor and the dollar’s collapse. Here, Bitcoin’s success reshapes the economic and societal trajectory, decentralizing power and challenging state-driven outcomes.
Part One: 2029–2032
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2029 (Early Year)\ The United States faces economic strain as the dollar weakens against global shifts. However, Bitcoin, having gained traction emerges as a viable alternative. Unlike the original timeline, the bancor—a supranational currency backed by a coalition of nations—struggles to gain footing as Bitcoin’s decentralized adoption grows among individuals and businesses worldwide, undermining both the dollar and the bancor.
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2029 (Mid-Year: The Great Renunciation)\ Treasury bonds lose value, and the government bans Bitcoin, labeling it a threat to sovereignty (mirroring the original bancor ban). However, a Bitcoin ban proves unenforceable—its decentralized nature thwarts confiscation efforts, unlike gold in the original story. Hyperinflation hits the dollar as the U.S. prints money, but Bitcoin’s fixed supply shields adopters from currency devaluation, creating a dual-economy split: dollar users suffer, while Bitcoin users thrive.
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2029 (Late Year)\ Dollar-based inflation soars, emptying stores of goods priced in fiat currency. Meanwhile, Bitcoin transactions flourish in underground and online markets, stabilizing trade for those plugged into the bitcoin ecosystem. Traditional supply chains falter, but peer-to-peer Bitcoin networks enable local and international exchange, reducing scarcity for early adopters. The government’s gold confiscation fails to bolster the dollar, as Bitcoin’s rise renders gold less relevant.
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2030–2031\ Crime spikes in dollar-dependent urban areas, but Bitcoin-friendly regions see less chaos, as digital wallets and smart contracts facilitate secure trade. The U.S. government doubles down on surveillance to crack down on bitcoin use. A cultural divide deepens: centralized authority weakens in Bitcoin-adopting communities, while dollar zones descend into lawlessness.
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2032\ By this point, Bitcoin is de facto legal tender in parts of the U.S. and globally, especially in tech-savvy or libertarian-leaning regions. The federal government’s grip slips as tax collection in dollars plummets—Bitcoin’s traceability is low, and citizens evade fiat-based levies. Rural and urban Bitcoin hubs emerge, while the dollar economy remains fractured.
Time Jump: 2032–2047
- Over 15 years, Bitcoin solidifies as a global reserve currency, eroding centralized control. The U.S. government adapts, grudgingly integrating bitcoin into policy, though regional autonomy grows as Bitcoin empowers local economies.
Part Two: 2047
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2047 (Early Year)\ The U.S. is a hybrid state: Bitcoin is legal tender alongside a diminished dollar. Taxes are lower, collected in BTC, reducing federal overreach. Bitcoin’s adoption has decentralized power nationwide. The bancor has faded, unable to compete with Bitcoin’s grassroots momentum.
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2047 (Mid-Year)\ Travel and trade flow freely in Bitcoin zones, with no restrictive checkpoints. The dollar economy lingers in poorer areas, marked by decay, but Bitcoin’s dominance lifts overall prosperity, as its deflationary nature incentivizes saving and investment over consumption. Global supply chains rebound, powered by bitcoin enabled efficiency.
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2047 (Late Year)\ The U.S. is a patchwork of semi-autonomous zones, united by Bitcoin’s universal acceptance rather than federal control. Resource scarcity persists due to past disruptions, but economic stability is higher than in Shriver’s original dystopia—Bitcoin’s success prevents the authoritarian slide, fostering a freer, if imperfect, society.
Key Differences
- Currency Dynamics: Bitcoin’s triumph prevents the bancor’s dominance and mitigates hyperinflation’s worst effects, offering a lifeline outside state control.
- Government Power: Centralized authority weakens as Bitcoin evades bans and taxation, shifting power to individuals and communities.
- Societal Outcome: Instead of a surveillance state, 2047 sees a decentralized, bitcoin driven world—less oppressive, though still stratified between Bitcoin haves and have-nots.
This reimagining assumes Bitcoin overcomes Shriver’s implied skepticism to become a robust, adopted currency by 2029, fundamentally altering the novel’s bleak trajectory.
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@ 9ca447d2:fbf5a36d
2025-05-24 10:01:37Bitcoin-focused investment firm Twenty One Capital has made headlines after buying 4,812 BTC worth $458.7 million, making it the third-largest corporate holder of the scarce digital asset.
The move is a big and public one towards becoming the “ultimate Bitcoin investment vehicle” according to its leadership, and is turning heads in both bitcoin and tradfi world.
Tether, the issuer of the world’s largest stablecoin, bought the bitcoin on behalf of Twenty One Capital.
According to a filing with the U.S. Securities and Exchange Commission (SEC) on May 13, Tether acquired the bitcoin on May 9 at an average price of $95,319 per coin.
Twenty One Capital was launched in April 2025 through a SPAC merger with Cantor Equity Partners, a Cayman Islands-based firm affiliated with Wall Street giant Cantor Fitzgerald. The company is backed by Tether, Bitfinex exchange and Japanese investment giant SoftBank.
Related: Cantor Fitzgerald, Tether and SoftBank Launch $3B Bitcoin Venture
The firm is led by Jack Mallers, founder of the bitcoin payments app Strike, who has been vocal about bitcoin business models.
“We want to be the ultimate vehicle for the capital markets to participate in Bitcoin… building on top of Bitcoin,” said Mallers in an interview. “So we are a Bitcoin business at our core.”
At launch, Twenty One Capital had 31,500 bitcoin on the balance sheet with plans to get to at least 42,000 BTC.
The breakdown of that initial allocation was 23,950 BTC from Tether, 10,500 BTC from SoftBank and about 7,000 BTC from Bitfinex—all to be converted into equity at $10 per share.
The company is openly modeling its strategy after what Bitcoiners call “Saylorization”—a term coined after Michael Saylor, executive chairman of Strategy, who started large-scale bitcoin accumulation by corporations in 2020.
“Twenty One Capital isn’t just stacking sats,” said Bitcoin advocate Max Keiser, “It’s leading a generational shift in corporate capital allocation … Jack Mallers is taking the Saylor playbook and turning it into an arms race.”
The strategy is simple: use bitcoin per share as a metric instead of earnings per share, prioritize bitcoin accumulation over short-term profits, and use the capital markets to fund purchases. Mallers said:
“We do intend to raise as much capital as we possibly can to acquire bitcoin. We will never have bitcoin per share negative… Our intent is to make sure when you are a shareholder of Twenty One that you are getting wealthier in Bitcoin terms.”
The bitcoin purchase was made at a time of growing market momentum.
On May 14, bitcoin hit $105,000 briefly before settling at around $104,000—a 7.5% gain in the past week. Retail buying has also picked up, with purchases under $10,000 up 3.4% over two weeks, suggesting continued bullishness.
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@ b1ddb4d7:471244e7
2025-05-24 10:00:39In the heart of East Africa, where M-Pesa reigns supreme and innovation pulses through bustling markets, a quiet revolution is brewing—one that could redefine how millions interact with money.
Enter Bitika, the Kenyan startup turning bitcoin’s complexity into a three-step dance, merging the lightning speed of sats with the trusted rhythm of mobile money.
At the helm is a founder whose “aha” moment came not in a boardroom, but at his kitchen table, watching his father grapple with the gap between understanding bitcoin and actually using it.
Bitika was born from that friction—a bridge between M-Pesa’s ubiquity and bitcoin’s borderless promise, wrapped in a name as playful as the Swahili slang that inspired it.
But this isn’t just a story about simplifying transactions. It’s about liquidity battles, regulatory tightropes, and a vision to turn Bitika into the invisible rails powering Africa’s Bitcoin future.
Building on Bitcoin
- Tell us a bit about yourself and how you got into bitcoin/fintech, and what keeps you passionate about this space?
I first came across bitcoin in 2020, but like many at that time, I didn’t fully grasp what it really was. It sounded too complicated, probably with the heavy terminologies. Over time, I kept digging deeper and became more curious.
I started digging into finance and how money works and realised this was what I needed to understand bitcoin’s objectives. I realized that bitcoin wasn’t just a new type of money—it was a breakthrough in how we think about freedom, ownership, and global finance.
What keeps me passionate is how bitcoin can empower people—especially in Africa—to take control of their wealth, without relying on unstable systems or middlemen.
- What pivotal moment or experience inspired you to create Bitika? Was there a specific gap in Kenya’s financial ecosystem that sparked the idea?
Yes, this idea was actually born right in my own home. I’ve always been an advocate for bitcoin, sharing it with friends, family, and even strangers. My dad and I had countless conversations about it. Eventually, he understood the concept. But when he asked, “How do I even buy bitcoin?” or “Can you just buy it for me?” and after taking him through binance—that hit me.
If someone I’d educated still found the buying process difficult, how many others were feeling the same way? That was the lightbulb moment. I saw a clear gap: the process of buying bitcoin was too technical for the average Kenyan. That’s the problem Bitika set out to solve.
- How did you identify the synergy between bitcoin and M-Pesa as a solution for accessibility?
M-Pesa is at the center of daily life in Kenya. Everyone uses it—from buying groceries to paying rent. Instead of forcing people to learn new tools, I decided to meet them where they already are. That synergy between M-Pesa and bitcoin felt natural. It’s about bridging what people already trust with something powerful and new.
- Share the story behind the name “Bitika” – does it hold a cultural or symbolic meaning?
Funny enough, Bitika isn’t a deeply planned name. It came while I was thinking about bitcoin and the type of transformation it brings to individuals. In Swahili, we often add “-ka” to words for flair—like “bambika” from “bamba.”
So, I just coined Bitika as a playful and catchy way to reflect something bitcoin-related, but also uniquely local. I stuck with it because thinking of an ideal brand name is the toughest challenge for me.
- Walk us through the user journey – how does buying bitcoin via M-Pesa in “3 simple steps” work under the hood?
It’s beautifully simple.
1. The user enters the amount they want to spend in KES—starting from as little as 50 KES (about $0.30).
2. They input their Lightning wallet address.
3. They enter their M-Pesa number, which triggers an STK push (payment prompt) on their phone. Once confirmed—pap!—they receive bitcoin almost instantly.
Under the hood, we fetch the live BTC price, validate wallet addresses, check available liquidity, process the mobile payment, and send sats via the Lightning Network—all streamlined into a smooth experience for the user.
- Who’s Bitika’s primary audience? Are you focusing on unbanked populations, tech enthusiasts, or both?
Both. Bitika is designed for everyday people—especially the unbanked and underbanked who are excluded from traditional finance. But we also attract bitcoiners who just want a faster, easier way to buy sats. What unites them is the desire for a seamless and low-barrier bitcoin experience.
Community and Overcoming Challenges
- What challenges has Bitika faced navigating Kenya’s bitcoin regulations, and how do you build trust with regulators?
Regulation is still evolving here. Parliament has drafted bills, but none have been passed into law yet. We’re currently in a revision phase where policymakers are trying to strike a balance between encouraging innovation and protecting the public.
We focus on transparency and open dialogue—we believe that building trust with regulators starts with showing how bitcoin can serve the public good.
- What was the toughest obstacle in building Bitika, and how did you overcome it?
Liquidity. Since we don’t have deep capital reserves, we often run into situations where we have to pause operations often to manually restock our bitcoin supply. It’s frustrating—for us and for users. We’re working on automating this process and securing funding to maintain consistent liquidity so users can access bitcoin at any time, without disruption.
This remains our most critical issue—and the primary reason we’re seeking support.
- Are you eyeing new African markets? What’s next for Bitika’s product?
Absolutely. The long-term vision is to expand Bitika into other African countries facing similar financial challenges. But first, we want to turn Bitika into a developer-first tool—infrastructure that others can build on. Imagine local apps, savings products, or financial tools built using Bitika’s simple bitcoin rails. That’s where we’re heading.
- What would you tell other African entrepreneurs aiming to disrupt traditional finance?
Disrupting finance sounds exciting—but the reality is messy. People fear what they don’t understand. That’s why simplicity is everything. Build tools that hide the complexity, and focus on making the user’s life easier. Most importantly, stay rooted in local context—solve problems people actually face.
What’s Next?
- What’s your message to Kenyans hesitant to try bitcoin, and to enthusiasts watching Bitika?
To my fellow Kenyans: bitcoin isn’t just an investment—it’s a sovereign tool. It’s money you truly own. Start small, learn, and ask questions.
To the bitcoin community: Bitika is proof that bitcoin is working in Africa. Let’s keep pushing. Let’s build tools that matter.
- How can the bitcoin community, both locally and globally, support Bitika’s mission?
We’re currently fundraising on Geyser. Support—whether it’s financial, technical, or simply sharing our story—goes a long way. Every sat you contribute helps us stay live, grow our liquidity, and continue building a tool that brings bitcoin closer to the everyday person in Africa.
Support here: https://geyser.fund/project/bitika
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@ 57d1a264:69f1fee1
2025-05-24 05:53:43This talks highlights tools for product management, UX design, web development, and content creation to embed accessibility.
Organizations need scalability and consistency in their accessibility work, aligning people, policies, and processes to integrate it across roles. This session highlights tools for product management, UX design, web development, and content creation to embed accessibility. We will explore inclusive personas, design artifacts, design systems, and content strategies to support developers and creators, with real-world examples.
https://www.youtube.com/watch?v=-M2cMLDU4u4
https://stacker.news/items/988041
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@ 6ad3e2a3:c90b7740
2025-05-20 13:49:50I’ve written about MSTR twice already, https://www.chrisliss.com/p/mstr and https://www.chrisliss.com/p/mstr-part-2, but I want to focus on legendary short seller James Chanos’ current trade wherein he buys bitcoin (via ETF) and shorts MSTR, in essence to “be like Mike” Saylor who sells MSTR shares at the market and uses them to add bitcoin to the company’s balance sheet. After all, if it’s good enough for Saylor, why shouldn’t everyone be doing it — shorting a company whose stock price is more than 2x its bitcoin holdings and using the proceeds to buy the bitcoin itself?
Saylor himself has said selling shares at 2x NAV (net asset value) to buy bitcoin is like selling dollars for two dollars each, and Chanos has apparently decided to get in while the getting (market cap more than 2x net asset value) is good. If the price of bitcoin moons, sending MSTR’s shares up, you are more than hedged in that event, too. At least that’s the theory.
The problem with this bet against MSTR’s mNAV, i.e., you are betting MSTR’s market cap will converge 1:1 toward its NAV in the short and medium term is this trade does not exist in a vacuum. Saylor has described how his ATM’s (at the market) sales of shares are accretive in BTC per share because of this very premium they carry. Yes, we’ll dilute your shares of the company, but because we’re getting you 2x the bitcoin per share, you are getting an ever smaller slice of an ever bigger overall pie, and the pie is growing 2x faster than your slice is reducing. (I https://www.chrisliss.com/p/mstr how this works in my first post.)
But for this accretion to continue, there must be a constant supply of “greater fools” to pony up for the infinitely printable shares which contain only half their value in underlying bitcoin. Yes, those shares will continue to accrete more BTC per share, but only if there are more fools willing to make this trade in the future. So will there be a constant supply of such “fools” to keep fueling MSTR’s mNAV multiple indefinitely?
Yes, there will be in my opinion because you have to look at the trade from the prospective fools’ perspective. Those “fools” are not trading bitcoin for MSTR, they are trading their dollars, selling other equities to raise them maybe, but in the end it’s a dollars for shares trade. They are not selling bitcoin for them.
You might object that those same dollars could buy bitcoin instead, so they are surely trading the opportunity cost of buying bitcoin for them, but if only 5-10 percent of the market (or less) is buying bitcoin itself, the bucket in which which those “fools” reside is the entire non-bitcoin-buying equity market. (And this is not considering the even larger debt market which Saylor has yet to tap in earnest.)
So for those 90-95 percent who do not and are not presently planning to own bitcoin itself, is buying MSTR a fool’s errand, so to speak? Not remotely. If MSTR shares are infinitely printable ATM, they are still less so than the dollar and other fiat currencies. And MSTR shares are backed 2:1 by bitcoin itself, while the fiat currencies are backed by absolutely nothing. So if you hold dollars or euros, trading them for MSTR shares is an errand more sage than foolish.
That’s why this trade (buying BTC and shorting MSTR) is so dangerous. Not only are there many people who won’t buy BTC buying MSTR, there are many funds and other investment entities who are only able to buy MSTR.
Do you want to get BTC at 1:1 with the 5-10 percent or MSTR backed 2:1 with the 90-95 percent. This is a bit like medical tests that have a 95 percent accuracy rate for an asymptomatic disease that only one percent of the population has. If someone tests positive, it’s more likely to be a false one than an indication he has the disease*. The accuracy rate, even at 19:1, is subservient to the size of the respective populations.
At some point this will no longer be the case, but so long as the understanding of bitcoin is not widespread, so long as the dollar is still the unit of account, the “greater fools” buying MSTR are still miles ahead of the greatest fools buying neither, and the stock price and mNAV should only increase.
. . .
One other thought: it’s more work to play defense than offense because the person on offense knows where he’s going, and the defender can only react to him once he moves. Similarly, Saylor by virtue of being the issuer of the shares knows when more will come online while Chanos and other short sellers are borrowing them to sell in reaction to Saylor’s strategy. At any given moment, Saylor can pause anytime, choosing to issue convertible debt or preferred shares with which to buy more bitcoin, and the shorts will not be given advance notice.
If the price runs, and there is no ATM that week because Saylor has stopped on a dime, so to speak, the shorts will be left having to scramble to change directions and buy the shares back to cover. Their momentum might be in the wrong direction, though, and like Allen Iverson breaking ankles with a crossover, Saylor might trigger a massive short squeeze, rocketing the share price ever higher. That’s why he actually welcomes Chanos et al trying this copycat strategy — it becomes the fuel for outsized gains.
For that reason, news that Chanos is shorting MSTR has not shaken my conviction, though there are other more pertinent https://www.chrisliss.com/p/mstr-part-2 with MSTR, of which one should be aware. And as always, do your own due diligence before investing in anything.
* To understand this, consider a population of 100,000, with one percent having a disease. That means 1,000 have it, 99,000 do not. If the test is 95 percent accurate, and everyone is tested, 950 of the 1,000 will test positive (true positives), 50 who have it will test negative (false negatives.) Of the positives, 95 percent of 99,000 (94,050) will test negative (true negatives) and five percent (4,950) will test positive (false positives). That means 4,950 out of 5,900 positives (84%) will be false.
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@ 91bea5cd:1df4451c
2025-04-15 06:27:28Básico
bash lsblk # Lista todos os diretorios montados.
Para criar o sistema de arquivos:
bash mkfs.btrfs -L "ThePool" -f /dev/sdx
Criando um subvolume:
bash btrfs subvolume create SubVol
Montando Sistema de Arquivos:
bash mount -o compress=zlib,subvol=SubVol,autodefrag /dev/sdx /mnt
Lista os discos formatados no diretório:
bash btrfs filesystem show /mnt
Adiciona novo disco ao subvolume:
bash btrfs device add -f /dev/sdy /mnt
Lista novamente os discos do subvolume:
bash btrfs filesystem show /mnt
Exibe uso dos discos do subvolume:
bash btrfs filesystem df /mnt
Balancea os dados entre os discos sobre raid1:
bash btrfs filesystem balance start -dconvert=raid1 -mconvert=raid1 /mnt
Scrub é uma passagem por todos os dados e metadados do sistema de arquivos e verifica as somas de verificação. Se uma cópia válida estiver disponível (perfis de grupo de blocos replicados), a danificada será reparada. Todas as cópias dos perfis replicados são validadas.
iniciar o processo de depuração :
bash btrfs scrub start /mnt
ver o status do processo de depuração Btrfs em execução:
bash btrfs scrub status /mnt
ver o status do scrub Btrfs para cada um dos dispositivos
bash btrfs scrub status -d / data btrfs scrub cancel / data
Para retomar o processo de depuração do Btrfs que você cancelou ou pausou:
btrfs scrub resume / data
Listando os subvolumes:
bash btrfs subvolume list /Reports
Criando um instantâneo dos subvolumes:
Aqui, estamos criando um instantâneo de leitura e gravação chamado snap de marketing do subvolume de marketing.
bash btrfs subvolume snapshot /Reports/marketing /Reports/marketing-snap
Além disso, você pode criar um instantâneo somente leitura usando o sinalizador -r conforme mostrado. O marketing-rosnap é um instantâneo somente leitura do subvolume de marketing
bash btrfs subvolume snapshot -r /Reports/marketing /Reports/marketing-rosnap
Forçar a sincronização do sistema de arquivos usando o utilitário 'sync'
Para forçar a sincronização do sistema de arquivos, invoque a opção de sincronização conforme mostrado. Observe que o sistema de arquivos já deve estar montado para que o processo de sincronização continue com sucesso.
bash btrfs filsystem sync /Reports
Para excluir o dispositivo do sistema de arquivos, use o comando device delete conforme mostrado.
bash btrfs device delete /dev/sdc /Reports
Para sondar o status de um scrub, use o comando scrub status com a opção -dR .
bash btrfs scrub status -dR / Relatórios
Para cancelar a execução do scrub, use o comando scrub cancel .
bash $ sudo btrfs scrub cancel / Reports
Para retomar ou continuar com uma depuração interrompida anteriormente, execute o comando de cancelamento de depuração
bash sudo btrfs scrub resume /Reports
mostra o uso do dispositivo de armazenamento:
btrfs filesystem usage /data
Para distribuir os dados, metadados e dados do sistema em todos os dispositivos de armazenamento do RAID (incluindo o dispositivo de armazenamento recém-adicionado) montados no diretório /data , execute o seguinte comando:
sudo btrfs balance start --full-balance /data
Pode demorar um pouco para espalhar os dados, metadados e dados do sistema em todos os dispositivos de armazenamento do RAID se ele contiver muitos dados.
Opções importantes de montagem Btrfs
Nesta seção, vou explicar algumas das importantes opções de montagem do Btrfs. Então vamos começar.
As opções de montagem Btrfs mais importantes são:
**1. acl e noacl
**ACL gerencia permissões de usuários e grupos para os arquivos/diretórios do sistema de arquivos Btrfs.
A opção de montagem acl Btrfs habilita ACL. Para desabilitar a ACL, você pode usar a opção de montagem noacl .
Por padrão, a ACL está habilitada. Portanto, o sistema de arquivos Btrfs usa a opção de montagem acl por padrão.
**2. autodefrag e noautodefrag
**Desfragmentar um sistema de arquivos Btrfs melhorará o desempenho do sistema de arquivos reduzindo a fragmentação de dados.
A opção de montagem autodefrag permite a desfragmentação automática do sistema de arquivos Btrfs.
A opção de montagem noautodefrag desativa a desfragmentação automática do sistema de arquivos Btrfs.
Por padrão, a desfragmentação automática está desabilitada. Portanto, o sistema de arquivos Btrfs usa a opção de montagem noautodefrag por padrão.
**3. compactar e compactar-forçar
**Controla a compactação de dados no nível do sistema de arquivos do sistema de arquivos Btrfs.
A opção compactar compacta apenas os arquivos que valem a pena compactar (se compactar o arquivo economizar espaço em disco).
A opção compress-force compacta todos os arquivos do sistema de arquivos Btrfs, mesmo que a compactação do arquivo aumente seu tamanho.
O sistema de arquivos Btrfs suporta muitos algoritmos de compactação e cada um dos algoritmos de compactação possui diferentes níveis de compactação.
Os algoritmos de compactação suportados pelo Btrfs são: lzo , zlib (nível 1 a 9) e zstd (nível 1 a 15).
Você pode especificar qual algoritmo de compactação usar para o sistema de arquivos Btrfs com uma das seguintes opções de montagem:
- compress=algoritmo:nível
- compress-force=algoritmo:nível
Para obter mais informações, consulte meu artigo Como habilitar a compactação do sistema de arquivos Btrfs .
**4. subvol e subvolid
**Estas opções de montagem são usadas para montar separadamente um subvolume específico de um sistema de arquivos Btrfs.
A opção de montagem subvol é usada para montar o subvolume de um sistema de arquivos Btrfs usando seu caminho relativo.
A opção de montagem subvolid é usada para montar o subvolume de um sistema de arquivos Btrfs usando o ID do subvolume.
Para obter mais informações, consulte meu artigo Como criar e montar subvolumes Btrfs .
**5. dispositivo
A opção de montagem de dispositivo** é usada no sistema de arquivos Btrfs de vários dispositivos ou RAID Btrfs.
Em alguns casos, o sistema operacional pode falhar ao detectar os dispositivos de armazenamento usados em um sistema de arquivos Btrfs de vários dispositivos ou RAID Btrfs. Nesses casos, você pode usar a opção de montagem do dispositivo para especificar os dispositivos que deseja usar para o sistema de arquivos de vários dispositivos Btrfs ou RAID.
Você pode usar a opção de montagem de dispositivo várias vezes para carregar diferentes dispositivos de armazenamento para o sistema de arquivos de vários dispositivos Btrfs ou RAID.
Você pode usar o nome do dispositivo (ou seja, sdb , sdc ) ou UUID , UUID_SUB ou PARTUUID do dispositivo de armazenamento com a opção de montagem do dispositivo para identificar o dispositivo de armazenamento.
Por exemplo,
- dispositivo=/dev/sdb
- dispositivo=/dev/sdb,dispositivo=/dev/sdc
- dispositivo=UUID_SUB=490a263d-eb9a-4558-931e-998d4d080c5d
- device=UUID_SUB=490a263d-eb9a-4558-931e-998d4d080c5d,device=UUID_SUB=f7ce4875-0874-436a-b47d-3edef66d3424
**6. degraded
A opção de montagem degradada** permite que um RAID Btrfs seja montado com menos dispositivos de armazenamento do que o perfil RAID requer.
Por exemplo, o perfil raid1 requer a presença de 2 dispositivos de armazenamento. Se um dos dispositivos de armazenamento não estiver disponível em qualquer caso, você usa a opção de montagem degradada para montar o RAID mesmo que 1 de 2 dispositivos de armazenamento esteja disponível.
**7. commit
A opção commit** mount é usada para definir o intervalo (em segundos) dentro do qual os dados serão gravados no dispositivo de armazenamento.
O padrão é definido como 30 segundos.
Para definir o intervalo de confirmação para 15 segundos, você pode usar a opção de montagem commit=15 (digamos).
**8. ssd e nossd
A opção de montagem ssd** informa ao sistema de arquivos Btrfs que o sistema de arquivos está usando um dispositivo de armazenamento SSD, e o sistema de arquivos Btrfs faz a otimização SSD necessária.
A opção de montagem nossd desativa a otimização do SSD.
O sistema de arquivos Btrfs detecta automaticamente se um SSD é usado para o sistema de arquivos Btrfs. Se um SSD for usado, a opção de montagem de SSD será habilitada. Caso contrário, a opção de montagem nossd é habilitada.
**9. ssd_spread e nossd_spread
A opção de montagem ssd_spread** tenta alocar grandes blocos contínuos de espaço não utilizado do SSD. Esse recurso melhora o desempenho de SSDs de baixo custo (baratos).
A opção de montagem nossd_spread desativa o recurso ssd_spread .
O sistema de arquivos Btrfs detecta automaticamente se um SSD é usado para o sistema de arquivos Btrfs. Se um SSD for usado, a opção de montagem ssd_spread será habilitada. Caso contrário, a opção de montagem nossd_spread é habilitada.
**10. descarte e nodiscard
Se você estiver usando um SSD que suporte TRIM enfileirado assíncrono (SATA rev3.1), a opção de montagem de descarte** permitirá o descarte de blocos de arquivos liberados. Isso melhorará o desempenho do SSD.
Se o SSD não suportar TRIM enfileirado assíncrono, a opção de montagem de descarte prejudicará o desempenho do SSD. Nesse caso, a opção de montagem nodiscard deve ser usada.
Por padrão, a opção de montagem nodiscard é usada.
**11. norecovery
Se a opção de montagem norecovery** for usada, o sistema de arquivos Btrfs não tentará executar a operação de recuperação de dados no momento da montagem.
**12. usebackuproot e nousebackuproot
Se a opção de montagem usebackuproot for usada, o sistema de arquivos Btrfs tentará recuperar qualquer raiz de árvore ruim/corrompida no momento da montagem. O sistema de arquivos Btrfs pode armazenar várias raízes de árvore no sistema de arquivos. A opção de montagem usebackuproot** procurará uma boa raiz de árvore e usará a primeira boa que encontrar.
A opção de montagem nousebackuproot não verificará ou recuperará raízes de árvore inválidas/corrompidas no momento da montagem. Este é o comportamento padrão do sistema de arquivos Btrfs.
**13. space_cache, space_cache=version, nospace_cache e clear_cache
A opção de montagem space_cache** é usada para controlar o cache de espaço livre. O cache de espaço livre é usado para melhorar o desempenho da leitura do espaço livre do grupo de blocos do sistema de arquivos Btrfs na memória (RAM).
O sistema de arquivos Btrfs suporta 2 versões do cache de espaço livre: v1 (padrão) e v2
O mecanismo de cache de espaço livre v2 melhora o desempenho de sistemas de arquivos grandes (tamanho de vários terabytes).
Você pode usar a opção de montagem space_cache=v1 para definir a v1 do cache de espaço livre e a opção de montagem space_cache=v2 para definir a v2 do cache de espaço livre.
A opção de montagem clear_cache é usada para limpar o cache de espaço livre.
Quando o cache de espaço livre v2 é criado, o cache deve ser limpo para criar um cache de espaço livre v1 .
Portanto, para usar o cache de espaço livre v1 após a criação do cache de espaço livre v2 , as opções de montagem clear_cache e space_cache=v1 devem ser combinadas: clear_cache,space_cache=v1
A opção de montagem nospace_cache é usada para desabilitar o cache de espaço livre.
Para desabilitar o cache de espaço livre após a criação do cache v1 ou v2 , as opções de montagem nospace_cache e clear_cache devem ser combinadas: clear_cache,nosapce_cache
**14. skip_balance
Por padrão, a operação de balanceamento interrompida/pausada de um sistema de arquivos Btrfs de vários dispositivos ou RAID Btrfs será retomada automaticamente assim que o sistema de arquivos Btrfs for montado. Para desabilitar a retomada automática da operação de equilíbrio interrompido/pausado em um sistema de arquivos Btrfs de vários dispositivos ou RAID Btrfs, você pode usar a opção de montagem skip_balance .**
**15. datacow e nodatacow
A opção datacow** mount habilita o recurso Copy-on-Write (CoW) do sistema de arquivos Btrfs. É o comportamento padrão.
Se você deseja desabilitar o recurso Copy-on-Write (CoW) do sistema de arquivos Btrfs para os arquivos recém-criados, monte o sistema de arquivos Btrfs com a opção de montagem nodatacow .
**16. datasum e nodatasum
A opção datasum** mount habilita a soma de verificação de dados para arquivos recém-criados do sistema de arquivos Btrfs. Este é o comportamento padrão.
Se você não quiser que o sistema de arquivos Btrfs faça a soma de verificação dos dados dos arquivos recém-criados, monte o sistema de arquivos Btrfs com a opção de montagem nodatasum .
Perfis Btrfs
Um perfil Btrfs é usado para informar ao sistema de arquivos Btrfs quantas cópias dos dados/metadados devem ser mantidas e quais níveis de RAID devem ser usados para os dados/metadados. O sistema de arquivos Btrfs contém muitos perfis. Entendê-los o ajudará a configurar um RAID Btrfs da maneira que você deseja.
Os perfis Btrfs disponíveis são os seguintes:
single : Se o perfil único for usado para os dados/metadados, apenas uma cópia dos dados/metadados será armazenada no sistema de arquivos, mesmo se você adicionar vários dispositivos de armazenamento ao sistema de arquivos. Assim, 100% do espaço em disco de cada um dos dispositivos de armazenamento adicionados ao sistema de arquivos pode ser utilizado.
dup : Se o perfil dup for usado para os dados/metadados, cada um dos dispositivos de armazenamento adicionados ao sistema de arquivos manterá duas cópias dos dados/metadados. Assim, 50% do espaço em disco de cada um dos dispositivos de armazenamento adicionados ao sistema de arquivos pode ser utilizado.
raid0 : No perfil raid0 , os dados/metadados serão divididos igualmente em todos os dispositivos de armazenamento adicionados ao sistema de arquivos. Nesta configuração, não haverá dados/metadados redundantes (duplicados). Assim, 100% do espaço em disco de cada um dos dispositivos de armazenamento adicionados ao sistema de arquivos pode ser usado. Se, em qualquer caso, um dos dispositivos de armazenamento falhar, todo o sistema de arquivos será corrompido. Você precisará de pelo menos dois dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid0 .
raid1 : No perfil raid1 , duas cópias dos dados/metadados serão armazenadas nos dispositivos de armazenamento adicionados ao sistema de arquivos. Nesta configuração, a matriz RAID pode sobreviver a uma falha de unidade. Mas você pode usar apenas 50% do espaço total em disco. Você precisará de pelo menos dois dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid1 .
raid1c3 : No perfil raid1c3 , três cópias dos dados/metadados serão armazenadas nos dispositivos de armazenamento adicionados ao sistema de arquivos. Nesta configuração, a matriz RAID pode sobreviver a duas falhas de unidade, mas você pode usar apenas 33% do espaço total em disco. Você precisará de pelo menos três dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid1c3 .
raid1c4 : No perfil raid1c4 , quatro cópias dos dados/metadados serão armazenadas nos dispositivos de armazenamento adicionados ao sistema de arquivos. Nesta configuração, a matriz RAID pode sobreviver a três falhas de unidade, mas você pode usar apenas 25% do espaço total em disco. Você precisará de pelo menos quatro dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid1c4 .
raid10 : No perfil raid10 , duas cópias dos dados/metadados serão armazenadas nos dispositivos de armazenamento adicionados ao sistema de arquivos, como no perfil raid1 . Além disso, os dados/metadados serão divididos entre os dispositivos de armazenamento, como no perfil raid0 .
O perfil raid10 é um híbrido dos perfis raid1 e raid0 . Alguns dos dispositivos de armazenamento formam arrays raid1 e alguns desses arrays raid1 são usados para formar um array raid0 . Em uma configuração raid10 , o sistema de arquivos pode sobreviver a uma única falha de unidade em cada uma das matrizes raid1 .
Você pode usar 50% do espaço total em disco na configuração raid10 . Você precisará de pelo menos quatro dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid10 .
raid5 : No perfil raid5 , uma cópia dos dados/metadados será dividida entre os dispositivos de armazenamento. Uma única paridade será calculada e distribuída entre os dispositivos de armazenamento do array RAID.
Em uma configuração raid5 , o sistema de arquivos pode sobreviver a uma única falha de unidade. Se uma unidade falhar, você pode adicionar uma nova unidade ao sistema de arquivos e os dados perdidos serão calculados a partir da paridade distribuída das unidades em execução.
Você pode usar 1 00x(N-1)/N % do total de espaços em disco na configuração raid5 . Aqui, N é o número de dispositivos de armazenamento adicionados ao sistema de arquivos. Você precisará de pelo menos três dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid5 .
raid6 : No perfil raid6 , uma cópia dos dados/metadados será dividida entre os dispositivos de armazenamento. Duas paridades serão calculadas e distribuídas entre os dispositivos de armazenamento do array RAID.
Em uma configuração raid6 , o sistema de arquivos pode sobreviver a duas falhas de unidade ao mesmo tempo. Se uma unidade falhar, você poderá adicionar uma nova unidade ao sistema de arquivos e os dados perdidos serão calculados a partir das duas paridades distribuídas das unidades em execução.
Você pode usar 100x(N-2)/N % do espaço total em disco na configuração raid6 . Aqui, N é o número de dispositivos de armazenamento adicionados ao sistema de arquivos. Você precisará de pelo menos quatro dispositivos de armazenamento para configurar o sistema de arquivos Btrfs no perfil raid6 .
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@ 9ca447d2:fbf5a36d
2025-05-22 14:01:52Gen Z (those born between 1997 and 2012) are not rushing to stack sats, and Oliver Porter, Founder & CEO of Jippi, understands the challenge better than most. His strategy revolves around adapting Bitcoin education to fit seamlessly into the digital lives of young adults.
“We need to meet them where they are,” Oliver explains. “90% of Gen Z plays games. 70% expect to earn rewards.”
So, what will effectively introduce them to Bitcoin? In Oliver’s mind, the answer is simple: games that don’t feel preachy but still plant the orange pill.
Learn more at Jippi.app
That’s exactly what Jippi is. Based in Austin, Texas, the team has created a mobile augmented reality (AR) game that rewards players in bitcoin and sneakily teaches them why sound money matters.
“It’s Pokémon GO… but for sats,” Oliver puts it succinctly.
Jippi is like Pokemon Go, but for sats
Oliver’s Bitcoin journey, like many in the space, began long before he was ready. A former colleague had tried planting the seed years earlier, handing him a copy of The Bitcoin Standard. But the moment passed.
It wasn’t until the chaos of 2020 when lockdowns hit, printing presses roared, and civil liberties shrank that the message finally landed for him.
“The government got so good at doing reverse Robin Hood,” Oliver explains. “They steal from the working population and reward the rich.”
By 2020, though, the absurdity of the covid hysteria had caused his eyes to be opened and the orange light seemed the best path back to freedom.
He left the UK for Austin “one of the best places for Bitcoiners,” he says, and dove headfirst into the industry, working at Swan for a year before founding Jippi on PlebLab’s accelerator program.
Jippi’s flagship game lets players roam their cities hunting digital creatures, Bitcoin Beasts, tied to real-world locations. Catching them requires answering Bitcoin trivia, and the reward is sats.
No jargon. No hour-long lectures. Just gameplay with sound money principles woven right in.
The model is working. At a recent hackathon in Austin, Jippi beat out 14 other teams to win first place and $15,000 in prize money.
Oliver of Jippi won Top Builder Season 2 — PlebLab on X
“We’re backdooring Bitcoin education,” Oliver admits. “And while we’re at it, encouraging people to get outside and touch grass.”
Not everyone’s been thrilled. When Jippi team members visited one of the more liberal-leaning places in Texas, UT Austin, to test interest in Bitcoin, they found some seriously committed no-coiners on the campus.
“One young woman told me, ‘I would rather die than talk about Bitcoin,'” Oliver recalls, highlighting the cultural resistance that’s built up among younger demographics.
This resistance is backed by hard data. According to Oliver, some of the Bitcoin podcasters they met with in the space to do market research reported that less than 1% of their listeners are from Gen Z and that number is dropping.
“Unless we find a way to capture their interest in a meaningful way, there’s going to be a big problem around trying to sway Gen Z away from the siren call of s***coins and crypto casinos and towards Bitcoin,” Oliver warns.
Jippi’s next big move is Las Vegas, where they’ll launch the Beast Catch experience at the Venetian during a major Bitcoin event. To mark the occasion, they’re opening up six limited sponsorship spots for Bitcoin companies, each one tied to a custom in-game beast.
Jippi looks to launch a special event at Bitcoin 2025
“It’s real estate inside the game,” Oliver explains. “Brands become allies, not intrusions. You get a logo, company name, and call to action, so we can push people to your site or app.”
Bitcoin Well—an automatic self-custody Bitcoin platform—has claimed Beast #1. Only five exclusive spots remain for Bitcoin companies to “beastify their brand” through Jippi’s immersive AR game.
“I love the Jippi mission. I think gamified learning is how we will onboard the next generation and it’s exciting to see what the Jippi team is doing! I love working with bitcoiners towards our common mission – bullish!” said Adam O’Brien, Bitcoin Well CEO.
Jippi’s sponsorship model is simple: align incentives, respect users, and support builders. Instead of throwing ad money at tech giants, Bitcoin companies can connect with new users naturally while they’re having fun and earning sats in the process.
For Bitcoin companies looking to reach a younger demographic, this represents a unique opportunity to showcase their brand to up to 30,000 potential customers at the Vegas event.
Jippi Bitcoin Beast partnership
While Jippi’s current focus is simple, get the game into more cities, Oliver sees a future where AR glasses and AI help personalize Bitcoin education even further.
“The magic is going to really happen when Apple releases the glasses form factor,” he says, describing how augmented reality could enhance real-world connections rather than isolate users.
In the longer term, Jippi aims to evolve from a free-to-play model toward a pay-to-play version with higher stakes. Users would form “tribes” with friends to compete for substantial bitcoin prizes, creating social connections along with financial education.
Unlike VC-backed startups, Jippi is raising funds pleb style via Timestamp, an open investment platform for Bitcoin companies.
“You don’t have to be an accredited investor,” Oliver explains. “You’re directly supporting the parallel Bitcoin economy by investing in Bitcoin companies for equity.”
Anyone can invest as little as $100. Perks include early access, exclusive game content, and even creating your own beast design with your name/pseudonym and unique game lore. Each investment comes with direct ownership of an early-stage Bitcoin company like Jippi.
For Oliver, this is more than just a business. It’s about future-proofing Bitcoin adoption and ensuring Satoshi’s vision lives on, especially as many people are lured by altcoins, NFTs, and social media dopamine.
“We’re on the right side of history,” he says firmly. “I want my grandkids to know that early on in the Bitcoin revolution, games like Jippi helped make it stick.”
In a world increasingly absorbed by screens and short attention spans, Jippi’s combination of outdoor play, sats rewards, and Bitcoin education might be exactly the bridge Gen Z needs.
Interested in sponsoring a Beast or investing in Jippi? Reach out to Jippi directly by heading to their partnerships page on their website or visit their Timestamp page to invest in Jippi today.
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@ b83a28b7:35919450
2025-05-16 19:26:56This article was originally part of the sermon of Plebchain Radio Episode 111 (May 2, 2025) that nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyg8wumn8ghj7mn0wd68ytnvv9hxgqpqtvqc82mv8cezhax5r34n4muc2c4pgjz8kaye2smj032nngg52clq7fgefr and I did with nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7ct4w35zumn0wd68yvfwvdhk6tcqyzx4h2fv3n9r6hrnjtcrjw43t0g0cmmrgvjmg525rc8hexkxc0kd2rhtk62 and nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyg8wumn8ghj7mn0wd68ytnvv9hxgqpq4wxtsrj7g2jugh70pfkzjln43vgn4p7655pgky9j9w9d75u465pqahkzd0 of the nostr:nprofile1qythwumn8ghj7ct5d3shxtnwdaehgu3wd3skuep0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyqwfvwrccp4j2xsuuvkwg0y6a20637t6f4cc5zzjkx030dkztt7t5hydajn
Listen to the full episode here:
<<https://fountain.fm/episode/Ln9Ej0zCZ5dEwfo8w2Ho>>
Bitcoin has always been a narrative revolution disguised as code. White paper, cypherpunk lore, pizza‑day legends - every block is a paragraph in the world’s most relentless epic. But code alone rarely converts the skeptic; it’s the camp‑fire myth that slips past the prefrontal cortex and shakes hands with the limbic system. People don’t adopt protocols first - they fall in love with protagonists.
Early adopters heard the white‑paper hymn, but most folks need characters first: a pizza‑day dreamer; a mother in a small country, crushed by the cost of remittance; a Warsaw street vendor swapping złoty for sats. When their arcs land, the brain releases a neurochemical OP_RETURN which says, “I belong in this plot.” That’s the sly roundabout orange pill: conviction smuggled inside catharsis.
That’s why, from 22–25 May in Warsaw’s Kinoteka, the Bitcoin Film Fest is loading its reels with rebellion. Each documentary, drama, and animated rabbit‑hole is a stealth wallet, zipping conviction straight into the feels of anyone still clasped within the cold claw of fiat. You come for the plot, you leave checking block heights.
Here's the clip of the sermon from the episode:
nostr:nevent1qvzqqqqqqypzpwp69zm7fewjp0vkp306adnzt7249ytxhz7mq3w5yc629u6er9zsqqsy43fwz8es2wnn65rh0udc05tumdnx5xagvzd88ptncspmesdqhygcrvpf2
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@ 04c915da:3dfbecc9
2025-05-16 18:06:46Bitcoin has always been rooted in freedom and resistance to authority. I get that many of you are conflicted about the US Government stacking but by design we cannot stop anyone from using bitcoin. Many have asked me for my thoughts on the matter, so let’s rip it.
Concern
One of the most glaring issues with the strategic bitcoin reserve is its foundation, built on stolen bitcoin. For those of us who value private property this is an obvious betrayal of our core principles. Rather than proof of work, the bitcoin that seeds this reserve has been taken by force. The US Government should return the bitcoin stolen from Bitfinex and the Silk Road.
Using stolen bitcoin for the reserve creates a perverse incentive. If governments see bitcoin as a valuable asset, they will ramp up efforts to confiscate more bitcoin. The precedent is a major concern, and I stand strongly against it, but it should be also noted that governments were already seizing coin before the reserve so this is not really a change in policy.
Ideally all seized bitcoin should be burned, by law. This would align incentives properly and make it less likely for the government to actively increase coin seizures. Due to the truly scarce properties of bitcoin, all burned bitcoin helps existing holders through increased purchasing power regardless. This change would be unlikely but those of us in policy circles should push for it regardless. It would be best case scenario for American bitcoiners and would create a strong foundation for the next century of American leadership.
Optimism
The entire point of bitcoin is that we can spend or save it without permission. That said, it is a massive benefit to not have one of the strongest governments in human history actively trying to ruin our lives.
Since the beginning, bitcoiners have faced horrible regulatory trends. KYC, surveillance, and legal cases have made using bitcoin and building bitcoin businesses incredibly difficult. It is incredibly important to note that over the past year that trend has reversed for the first time in a decade. A strategic bitcoin reserve is a key driver of this shift. By holding bitcoin, the strongest government in the world has signaled that it is not just a fringe technology but rather truly valuable, legitimate, and worth stacking.
This alignment of incentives changes everything. The US Government stacking proves bitcoin’s worth. The resulting purchasing power appreciation helps all of us who are holding coin and as bitcoin succeeds our government receives direct benefit. A beautiful positive feedback loop.
Realism
We are trending in the right direction. A strategic bitcoin reserve is a sign that the state sees bitcoin as an asset worth embracing rather than destroying. That said, there is a lot of work left to be done. We cannot be lulled into complacency, the time to push forward is now, and we cannot take our foot off the gas. We have a seat at the table for the first time ever. Let's make it worth it.
We must protect the right to free usage of bitcoin and other digital technologies. Freedom in the digital age must be taken and defended, through both technical and political avenues. Multiple privacy focused developers are facing long jail sentences for building tools that protect our freedom. These cases are not just legal battles. They are attacks on the soul of bitcoin. We need to rally behind them, fight for their freedom, and ensure the ethos of bitcoin survives this new era of government interest. The strategic reserve is a step in the right direction, but it is up to us to hold the line and shape the future.
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@ a296b972:e5a7a2e8
2025-05-24 09:35:09„Aaaach, was für ein herrlicher Tag!“
In Berlin geht man hochmotiviert an die Arbeit, in der tiefen Überzeugung stets die richtigen Entscheidungen zu treffen, die Steuern der Einzahler ausschließlich für wohlüberlegte, notwendige Investitionen auszugeben und Entscheidungen zu treffen, die im dem Umfeld, in dem man sich bewegt, als höchst sinnvoll erachtet werden. Zustimmung von allen Seiten, dann muss es ja richtig sein.
Man fährt im Dienstwagen ins Regierungsviertel, sieht die vielen geschäftigen Menschen, wie sie ebenfalls zur Arbeit eilen. Man freut sich darüber, dass alles so gut läuft, dank der überragenden Kompetenz, die man einbringen darf und die das alles ermöglicht.
In Gedanken klopft man sich auf die Schulter und sagt sich im Stillen: „Bist schon ein geiler Typ, der richtig was bewegen kann, bewegen kann.“
Man hat auch schon erkannt, dass die zunehmende Kriminalität, vorzugsweise mit einem unsachgemäß gebrauchten Messer, durch den schlechten Einfluss der sozialen Medien entstanden ist und schon entsprechende Maßnahmen auf den Weg gebracht, um das durch geleitete Meinungsäußerungen, selbstverständlich zum Wohle aller, zu unterbinden. Man ist ja nicht umsonst in diese verantwortungsvolle Position gelangt. „Endlich am Ziel!“
„Messerattacken sind unschön, unschön, aber man muss auch berücksichtigen, dass viele der Attentäter und Attentäterinnen in ihren Herkunftsländern Schlimmes erlebt haben und dadurch traumatisiert wurden. Den betroffenen Traumaopfern kann ja nichts Besseres passieren, als in eine deutsche Psychiatrie zu kommen, wo sie die allerbeste Therapie erfahren, um wieder glückliche Menschen der Gesellschaft zu werden.
** **
Und jeder, der nicht die große soziale Aufgabe erkennt, die wir uns gestellt haben und auch effizient umsetzen, muss es eben noch besser erklärt bekommen, erklärt bekommen. Daran müssen wir noch arbeiten. (Muss ich mir notieren, damit ich meinem Sekretär die Anweisung erteile, das in die Wege zu leiten). Und jeder, der sich dagegen sträubt, zeigt damit eindeutig, dass er zum rechten Rand gehört. Was denen nur einfällt? Da müssen klare Zeichen gesetzt werden, und das muss unter allen Umständen unterbunden werden, unterbunden werden.
** **
Sowas schadet der Demokratie, es delegitimiert sie“.
Zum Schutz der braven Bürger arbeitet man auch fleißig daran, Deutschland, in neuem Selbstbewusstsein, zur stärksten Kraft in Europa zu machen. Mit der Stationierung von deutschen Soldaten an der Ostfront, pardon, an der Ostflanke, zeigt man dem bösen, aggressiven Russen schon mal, was eine Harke ist. „Und das ist ja erst der Anfang, der Anfang. Warte nur ab!“
„Was noch? Ach ja, die Wirtschaft. Solange die nicht auf die Barrikaden geht, das sehe ich derzeit nicht, scheint es ja noch keinen akuten Handlungsbedarf zu geben. Darum kümmern wir uns später. Immerhin halten sich die Wirtschaftsprognosen in einem akzeptablen Rahmen und die Priorität (die kann auch nicht jeder richtig setzen) der Investitionen muss derzeit auf dem wichtigsten Bereich, der Aufrüstung liegen, Aufrüstung liegen. Schließlich werden wir bald angegriffen.
** **
Ich darf nicht vergessen, meinen Sekretär zu beauftragen, meine Bestellung im Feinkostladen abholen zu lassen, sonst gibt’s Zuhause Ärger. Ach ja, und die Anzüge und die Wäsche muss auch noch aus der Reinigung abgeholt werden. Darf ich nicht vergessen, nicht vergessen.
** **
Wie viele Reinigungen gäbe es nicht, wenn wir Politiker nicht wären, nicht wären. Viele sichere Arbeitsplätze, gut so!
** **
Was, schon da? Das ging aber heute schnell. Kein Stau. Ja, der Chauffeur ist schon ein Guter, der weiß, wo man lang muss, um Baustellen zu umfahren. Allerdings muss ich ihm bei nächster Gelegenheit noch einmal deutlich sagen, dass er bitte die Sitzheizung früher anzuschalten hat, anzuschalten hat! Dass der sich das immer noch nicht gemerkt hat, unmöglich!“
Wen wundert es, wenn in dieser Wonnewelt der Selbstüberschätzung von Unsererdemokratie gesprochen wird, so entrückt vom Alltag, in einem Raumschiff, dass völlig losgelöst von der Realität über allem schwebt.
„Ich müsste ja verrückt sein, wenn ich an diesen Zuständen etwas ändern wollte. Warum auch, es läuft doch und mir geht es doch gut. Ich habe ein gutes Einkommen, kann mir allerhand leisten, Haus ist bezahlt, Frau ist gut untergebracht, Kinder sind versorgt, wie die Zeit vergeht. Und wenn ich mal ausscheide, erhalte ich weiter meine Bezüge und muss nicht an mein Vermögen ran, man will ja auch den Kindern was hinterlassen. Schadet ja nicht, wenn ich mich etwas einschränke, und der eine oder andere Job wird schon an mich herangetragen werden, schließlich habe ich ja erstklassige Kontakte, die dem einen oder anderen sicher etwas wert sein werden.
** **
Na, dann woll’n wir mal wieder, woll’n wir mal wieder!“
Dieser Artikel wurde mit dem Pareto-Client geschrieben
* *
(Bild von pixabay)
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@ 460c25e6:ef85065c
2025-02-25 15:20:39If you don't know where your posts are, you might as well just stay in the centralized Twitter. You either take control of your relay lists, or they will control you. Amethyst offers several lists of relays for our users. We are going to go one by one to help clarify what they are and which options are best for each one.
Public Home/Outbox Relays
Home relays store all YOUR content: all your posts, likes, replies, lists, etc. It's your home. Amethyst will send your posts here first. Your followers will use these relays to get new posts from you. So, if you don't have anything there, they will not receive your updates.
Home relays must allow queries from anyone, ideally without the need to authenticate. They can limit writes to paid users without affecting anyone's experience.
This list should have a maximum of 3 relays. More than that will only make your followers waste their mobile data getting your posts. Keep it simple. Out of the 3 relays, I recommend: - 1 large public, international relay: nos.lol, nostr.mom, relay.damus.io, etc. - 1 personal relay to store a copy of all your content in a place no one can delete. Go to relay.tools and never be censored again. - 1 really fast relay located in your country: paid options like http://nostr.wine are great
Do not include relays that block users from seeing posts in this list. If you do, no one will see your posts.
Public Inbox Relays
This relay type receives all replies, comments, likes, and zaps to your posts. If you are not getting notifications or you don't see replies from your friends, it is likely because you don't have the right setup here. If you are getting too much spam in your replies, it's probably because your inbox relays are not protecting you enough. Paid relays can filter inbox spam out.
Inbox relays must allow anyone to write into them. It's the opposite of the outbox relay. They can limit who can download the posts to their paid subscribers without affecting anyone's experience.
This list should have a maximum of 3 relays as well. Again, keep it small. More than that will just make you spend more of your data plan downloading the same notifications from all these different servers. Out of the 3 relays, I recommend: - 1 large public, international relay: nos.lol, nostr.mom, relay.damus.io, etc. - 1 personal relay to store a copy of your notifications, invites, cashu tokens and zaps. - 1 really fast relay located in your country: go to nostr.watch and find relays in your country
Terrible options include: - nostr.wine should not be here. - filter.nostr.wine should not be here. - inbox.nostr.wine should not be here.
DM Inbox Relays
These are the relays used to receive DMs and private content. Others will use these relays to send DMs to you. If you don't have it setup, you will miss DMs. DM Inbox relays should accept any message from anyone, but only allow you to download them.
Generally speaking, you only need 3 for reliability. One of them should be a personal relay to make sure you have a copy of all your messages. The others can be open if you want push notifications or closed if you want full privacy.
Good options are: - inbox.nostr.wine and auth.nostr1.com: anyone can send messages and only you can download. Not even our push notification server has access to them to notify you. - a personal relay to make sure no one can censor you. Advanced settings on personal relays can also store your DMs privately. Talk to your relay operator for more details. - a public relay if you want DM notifications from our servers.
Make sure to add at least one public relay if you want to see DM notifications.
Private Home Relays
Private Relays are for things no one should see, like your drafts, lists, app settings, bookmarks etc. Ideally, these relays are either local or require authentication before posting AND downloading each user\'s content. There are no dedicated relays for this category yet, so I would use a local relay like Citrine on Android and a personal relay on relay.tools.
Keep in mind that if you choose a local relay only, a client on the desktop might not be able to see the drafts from clients on mobile and vice versa.
Search relays:
This is the list of relays to use on Amethyst's search and user tagging with @. Tagging and searching will not work if there is nothing here.. This option requires NIP-50 compliance from each relay. Hit the Default button to use all available options on existence today: - nostr.wine - relay.nostr.band - relay.noswhere.com
Local Relays:
This is your local storage. Everything will load faster if it comes from this relay. You should install Citrine on Android and write ws://localhost:4869 in this option.
General Relays:
This section contains the default relays used to download content from your follows. Notice how you can activate and deactivate the Home, Messages (old-style DMs), Chat (public chats), and Global options in each.
Keep 5-6 large relays on this list and activate them for as many categories (Home, Messages (old-style DMs), Chat, and Global) as possible.
Amethyst will provide additional recommendations to this list from your follows with information on which of your follows might need the additional relay in your list. Add them if you feel like you are missing their posts or if it is just taking too long to load them.
My setup
Here's what I use: 1. Go to relay.tools and create a relay for yourself. 2. Go to nostr.wine and pay for their subscription. 3. Go to inbox.nostr.wine and pay for their subscription. 4. Go to nostr.watch and find a good relay in your country. 5. Download Citrine to your phone.
Then, on your relay lists, put:
Public Home/Outbox Relays: - nostr.wine - nos.lol or an in-country relay. -
.nostr1.com Public Inbox Relays - nos.lol or an in-country relay -
.nostr1.com DM Inbox Relays - inbox.nostr.wine -
.nostr1.com Private Home Relays - ws://localhost:4869 (Citrine) -
.nostr1.com (if you want) Search Relays - nostr.wine - relay.nostr.band - relay.noswhere.com
Local Relays - ws://localhost:4869 (Citrine)
General Relays - nos.lol - relay.damus.io - relay.primal.net - nostr.mom
And a few of the recommended relays from Amethyst.
Final Considerations
Remember, relays can see what your Nostr client is requesting and downloading at all times. They can track what you see and see what you like. They can sell that information to the highest bidder, they can delete your content or content that a sponsor asked them to delete (like a negative review for instance) and they can censor you in any way they see fit. Before using any random free relay out there, make sure you trust its operator and you know its terms of service and privacy policies.
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@ 57d1a264:69f1fee1
2025-05-22 13:13:36Graphics materials for Bitcoin Knots https://github.com/bitcoinknots branding. See below guide image for reference, a bit cleaner and scalable:
Font family "Aileron" is provided free for personal and commercial use, and can be found here: https://www.1001fonts.com/aileron-font.html
Source: https://github.com/Blissmode/bitcoinknots-gfx/tree/main
https://stacker.news/items/986624
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@ 57d1a264:69f1fee1
2025-05-22 12:36:20Graphics materials for Bitcoin Knots https://github.com/bitcoinknots branding. See below guide image for reference, a bit cleaner and scalable:
Font family "Aileron" is provided free for personal and commercial use, and can be found here: https://www.1001fonts.com/aileron-font.html
Source: https://github.com/Blissmode/bitcoinknots-gfx/tree/main
https://stacker.news/items/986587
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@ 97c70a44:ad98e322
2025-02-18 20:30:32For the last couple of weeks, I've been dealing with the fallout of upgrading a web application to Svelte 5. Complaints about framework churn and migration annoyances aside, I've run into some interesting issues with the migration. So far, I haven't seen many other people register the same issues, so I thought it might be constructive for me to articulate them myself.
I'll try not to complain too much in this post, since I'm grateful for the many years of Svelte 3/4 I've enjoyed. But I don't think I'll be choosing Svelte for any new projects going forward. I hope my reflections here will be useful to others as well.
If you're interested in reproductions for the issues I mention here, you can find them below.
The Need for Speed
To start with, let me just quickly acknowledge what the Svelte team is trying to do. It seems like most of the substantial changes in version 5 are built around "deep reactivity", which allows for more granular reactivity, leading to better performance. Performance is good, and the Svelte team has always excelled at reconciling performance with DX.
In previous versions of Svelte, the main way this was achieved was with the Svelte compiler. There were many ancillary techniques involved in improving performance, but having a framework compile step gave the Svelte team a lot of leeway for rearranging things under the hood without making developers learn new concepts. This is what made Svelte so original in the beginning.
At the same time, it resulted in an even more opaque framework than usual, making it harder for developers to debug more complex issues. To make matters worse, the compiler had bugs, resulting in errors which could only be fixed by blindly refactoring the problem component. This happened to me personally at least half a dozen times, and is what ultimately pushed me to migrate to Svelte 5.
Nevertheless, I always felt it was an acceptable trade-off for speed and productivity. Sure, sometimes I had to delete my project and port it to a fresh repository every so often, but the framework was truly a pleasure to use.
Svelte is not Javascript
Svelte 5 doubled down on this tradeoff — which makes sense, because it's what sets the framework apart. The difference this time is that the abstraction/performance tradeoff did not stay in compiler land, but intruded into runtime in two important ways:
- The use of proxies to support deep reactivity
- Implicit component lifecycle state
Both of these changes improved performance and made the API for developers look slicker. What's not to like? Unfortunately, both of these features are classic examples of a leaky abstraction, and ultimately make things more complex for developers, not less.
Proxies are not objects
The use of proxies seems to have allowed the Svelte team to squeeze a little more performance out of the framework, without asking developers to do any extra work. Threading state through multiple levels of components without provoking unnecessary re-renders in frameworks like React is an infamously difficult chore.
Svelte's compiler avoided some of the pitfalls associated with virtual DOM diffing solutions, but evidently there was still enough of a performance gain to be had to justify the introduction of proxies. The Svelte team also seems to argue that their introduction represents an improvement in developer experience:
we... can maximise both efficiency and ergonomics.
Here's the problem: Svelte 5 looks simpler, but actually introduces more abstractions.
Using proxies to monitor array methods (for example) is appealing because it allows developers to forget all the goofy heuristics involved with making sure state was reactive and just
push
to the array. I can't count how many times I've writtenvalue = value
to trigger reactivity in svelte 4.In Svelte 4, developers had to understand how the Svelte compiler worked. The compiler, being a leaky abstraction, forced its users to know that assignment was how you signaled reactivity. In svelte 5, developers can just "forget" about the compiler!
Except they can't. All the introduction of new abstractions really accomplishes is the introduction of more complex heuristics that developers have to keep in their heads in order to get the compiler to act the way they want it to.
In fact, this is why after years of using Svelte, I found myself using Svelte stores more and more often, and reactive declarations less. The reason being that Svelte stores are just javascript. Calling
update
on a store is simple, and being able to reference them with a$
was just a nice bonus — nothing to remember, and if I mess up the compiler yells at me.Proxies introduce a similar problem to reactive declarations, which is that they look like one thing but act like another on the edges.
When I started using Svelte 5, everything worked great — until I tried to save a proxy to indexeddb, at which point I got a
DataCloneError
. To make matters worse, it's impossible to reliably tell if something is aProxy
withouttry/catch
ing a structured clone, which is a performance-intensive operation.This forces the developer to remember what is and what isn't a Proxy, calling
$state.snapshot
every time they pass a proxy to a context that doesn't expect or know about them. This obviates all the nice abstractions they gave us in the first place.Components are not functions
The reason virtual DOM took off way back in 2013 was the ability to model your application as composed functions, each of which takes data and spits out HTML. Svelte retained this paradigm, using a compiler to sidestep the inefficiencies of virtual DOM and the complexities of lifecycle methods.
In Svelte 5, component lifecycles are back, react-hooks style.
In React, hooks are an abstraction that allows developers to avoid writing all the stateful code associated with component lifecycle methods. Modern React tutorials universally recommend using hooks instead, which rely on the framework invisibly synchronizing state with the render tree.
While this does result in cleaner code, it also requires developers to tread carefully to avoid breaking the assumptions surrounding hooks. Just try accessing state in a
setTimeout
and you'll see what I mean.Svelte 4 had a few gotchas like this — for example, async code that interacts with a component's DOM elements has to keep track of whether the component is unmounted. This is pretty similar to the kind of pattern you'd see in old React components that relied on lifecycle methods.
It seems to me that Svelte 5 has gone the React 16 route by adding implicit state related to component lifecycles in order to coordinate state changes and effects.
For example, here is an excerpt from the documentation for $effect:
You can place $effect anywhere, not just at the top level of a component, as long as it is called during component initialization (or while a parent effect is active). It is then tied to the lifecycle of the component (or parent effect) and will therefore destroy itself when the component unmounts (or the parent effect is destroyed).
That's very complex! In order to use
$effect
... effectively (sorry), developers have to understand how state changes are tracked. The documentation for component lifecycles claims:In Svelte 5, the component lifecycle consists of only two parts: Its creation and its destruction. Everything in-between — when certain state is updated — is not related to the component as a whole; only the parts that need to react to the state change are notified. This is because under the hood the smallest unit of change is actually not a component, it’s the (render) effects that the component sets up upon component initialization. Consequently, there’s no such thing as a “before update”/"after update” hook.
But then goes on to introduce the idea of
tick
in conjunction with$effect.pre
. This section explains that "tick
returns a promise that resolves once any pending state changes have been applied, or in the next microtask if there are none."I'm sure there's some mental model that justifies this, but I don't think the claim that a component's lifecycle is only comprised of mount/unmount is really helpful when an addendum about state changes has to come right afterward.
The place where this really bit me, and which is the motivation for this blog post, is when state gets coupled to a component's lifecycle, even when the state is passed to another function that doesn't know anything about svelte.
In my application, I manage modal dialogs by storing the component I want to render alongside its props in a store and rendering it in the
layout.svelte
of my application. This store is also synchronized with browser history so that the back button works to close them. Sometimes, it's useful to pass a callback to one of these modals, binding caller-specific functionality to the child component:javascript const {value} = $props() const callback = () => console.log(value) const openModal = () => pushModal(MyModal, {callback})
This is a fundamental pattern in javascript. Passing a callback is just one of those things you do.
Unfortunately, if the above code lives in a modal dialog itself, the caller component gets unmounted before the callback gets called. In Svelte 4, this worked fine, but in Svelte 5
value
gets updated toundefined
when the component gets unmounted. Here's a minimal reproduction.This is only one example, but it seems clear to me that any prop that is closed over by a callback function that lives longer than its component will be undefined when I want to use it — with no reassignment existing in lexical scope. It seems that the reason this happens is that the props "belong" to the parent component, and are accessed via getters so that the parent can revoke access when it unmounts.
I don't know why this is necessary, but I assume there's a good engineering reason for it. The problem is, this just isn't how javascript works. Svelte is essentially attempting to re-invent garbage collection around component lifecycles, which breaks the assumption every javascript developer has that variables don't simply disappear without an explicit reassignment. It should be safe to pass stuff around and let the garbage collector do its job.
Conclusion
Easy things are nice, but as Rich Hickey says, easy things are not always simple. And like Joel Spolsky, I don't like being surprised. Svelte has always been full of magic, but with the latest release I think the cognitive overhead of reciting incantations has finally outweighed the power it confers.
My point in this post is not to dunk on the Svelte team. I know lots of people like Svelte 5 (and react hooks). The point I'm trying to make is that there is a tradeoff between doing things on the user's behalf, and giving the user agency. Good software is built on understanding, not cleverness.
I also think this is an important lesson to remember as AI-assisted coding becomes increasingly popular. Don't choose tools that alienate you from your work. Choose tools that leverage the wisdom you've already accumulated, and which help you to cultivate a deeper understanding of the discipline.
Thank you to Rich Harris and team for many years of pleasant development. I hope that (if you read this) it's not so full of inaccuracies as to be unhelpful as user feedback.
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@ 57d1a264:69f1fee1
2025-05-22 06:21:22You’ve probably seen it before.
You open an agency’s website or a freelancer’s portfolio. At the very top of the homepage, it says:
We design for startups.
You wait 3 seconds. The last word fades out and a new one fades in:
We design for agencies.
Wait 3 more seconds:
We design for founders.
I call this design pattern The Wheel of Nothing: a rotating list of audience segments meant to impress through inclusion and draw attention through motion… for absolutely no reason.
Revered brand studio Pentagram recently launched a new website. To my surprise, the homepage features the Wheel of Nothing front and center, boldly claiming:
We design Everything for Everyone…before cycling through more specific combinations every few seconds.
Dan Mall, a husband, dad, teacher, creative director, designer, founder, and entrepreneur from Philly. I share as much as I can to create better opportunities for those who wouldn’t have them otherwise. Most recently, I ran design system consultancy SuperFriendly for over a decade.
Read more at Dans' website https://danmall.com/posts/the-wheel-of-nothing/
https://stacker.news/items/986392
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@ 9e69e420:d12360c2
2025-02-17 17:12:01President Trump has intensified immigration enforcement, likening it to a wartime effort. Despite pouring resources into the U.S. Immigration and Customs Enforcement (ICE), arrest numbers are declining and falling short of goals. ICE fell from about 800 daily arrests in late January to fewer than 600 in early February.
Critics argue the administration is merely showcasing efforts with ineffectiveness, while Trump seeks billions more in funding to support his deportation agenda. Increased involvement from various federal agencies is intended to assist ICE, but many lack specific immigration training.
Challenges persist, as fewer immigrants are available for quick deportation due to a decline in illegal crossings. Local sheriffs are also pressured by rising demands to accommodate immigrants, which may strain resources further.
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@ 0e9491aa:ef2adadf
2025-05-24 09:01:14People forget Bear Stearns failed March 2008 - months of denial followed before the public realized how bad the situation was under the surface.
Similar happening now but much larger scale. They did not fix fundamental issues after 2008 - everything is more fragile.
The Fed preemptively bailed out every bank with their BTFP program and First Republic Bank still failed. The second largest bank failure in history.
There will be more failures. There will be more bailouts. Depositors will be "protected" by socializing losses across everyone.
Our President and mainstream financial pundits are currently pretending the banking crisis is over while most banks remain insolvent. There are going to be many more bank failures as this ponzi system unravels.
Unlike 2008, we have the ability to opt out of these broken and corrupt institutions by using bitcoin. Bitcoin held in self custody is unique in its lack of counterparty risk - you do not have to trust a bank or other centralized entity to hold it for you. Bitcoin is also incredibly difficult to change by design since it is not controlled by an individual, company, or government - the supply of dollars will inevitably be inflated to bailout these failing banks but bitcoin supply will remain unchanged. I do not need to convince you that bitcoin provides value - these next few years will convince millions.
If you found this post helpful support my work with bitcoin.
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@ 04c915da:3dfbecc9
2025-05-16 17:59:23Recently we have seen a wave of high profile X accounts hacked. These attacks have exposed the fragility of the status quo security model used by modern social media platforms like X. Many users have asked if nostr fixes this, so lets dive in. How do these types of attacks translate into the world of nostr apps? For clarity, I will use X’s security model as representative of most big tech social platforms and compare it to nostr.
The Status Quo
On X, you never have full control of your account. Ultimately to use it requires permission from the company. They can suspend your account or limit your distribution. Theoretically they can even post from your account at will. An X account is tied to an email and password. Users can also opt into two factor authentication, which adds an extra layer of protection, a login code generated by an app. In theory, this setup works well, but it places a heavy burden on users. You need to create a strong, unique password and safeguard it. You also need to ensure your email account and phone number remain secure, as attackers can exploit these to reset your credentials and take over your account. Even if you do everything responsibly, there is another weak link in X infrastructure itself. The platform’s infrastructure allows accounts to be reset through its backend. This could happen maliciously by an employee or through an external attacker who compromises X’s backend. When an account is compromised, the legitimate user often gets locked out, unable to post or regain control without contacting X’s support team. That process can be slow, frustrating, and sometimes fruitless if support denies the request or cannot verify your identity. Often times support will require users to provide identification info in order to regain access, which represents a privacy risk. The centralized nature of X means you are ultimately at the mercy of the company’s systems and staff.
Nostr Requires Responsibility
Nostr flips this model radically. Users do not need permission from a company to access their account, they can generate as many accounts as they want, and cannot be easily censored. The key tradeoff here is that users have to take complete responsibility for their security. Instead of relying on a username, password, and corporate servers, nostr uses a private key as the sole credential for your account. Users generate this key and it is their responsibility to keep it safe. As long as you have your key, you can post. If someone else gets it, they can post too. It is that simple. This design has strong implications. Unlike X, there is no backend reset option. If your key is compromised or lost, there is no customer support to call. In a compromise scenario, both you and the attacker can post from the account simultaneously. Neither can lock the other out, since nostr relays simply accept whatever is signed with a valid key.
The benefit? No reliance on proprietary corporate infrastructure.. The negative? Security rests entirely on how well you protect your key.
Future Nostr Security Improvements
For many users, nostr’s standard security model, storing a private key on a phone with an encrypted cloud backup, will likely be sufficient. It is simple and reasonably secure. That said, nostr’s strength lies in its flexibility as an open protocol. Users will be able to choose between a range of security models, balancing convenience and protection based on need.
One promising option is a web of trust model for key rotation. Imagine pre-selecting a group of trusted friends. If your account is compromised, these people could collectively sign an event announcing the compromise to the network and designate a new key as your legitimate one. Apps could handle this process seamlessly in the background, notifying followers of the switch without much user interaction. This could become a popular choice for average users, but it is not without tradeoffs. It requires trust in your chosen web of trust, which might not suit power users or large organizations. It also has the issue that some apps may not recognize the key rotation properly and followers might get confused about which account is “real.”
For those needing higher security, there is the option of multisig using FROST (Flexible Round-Optimized Schnorr Threshold). In this setup, multiple keys must sign off on every action, including posting and updating a profile. A hacker with just one key could not do anything. This is likely overkill for most users due to complexity and inconvenience, but it could be a game changer for large organizations, companies, and governments. Imagine the White House nostr account requiring signatures from multiple people before a post goes live, that would be much more secure than the status quo big tech model.
Another option are hardware signers, similar to bitcoin hardware wallets. Private keys are kept on secure, offline devices, separate from the internet connected phone or computer you use to broadcast events. This drastically reduces the risk of remote hacks, as private keys never touches the internet. It can be used in combination with multisig setups for extra protection. This setup is much less convenient and probably overkill for most but could be ideal for governments, companies, or other high profile accounts.
Nostr’s security model is not perfect but is robust and versatile. Ultimately users are in control and security is their responsibility. Apps will give users multiple options to choose from and users will choose what best fits their need.
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@ fd208ee8:0fd927c1
2025-02-15 07:02:08E-cash are coupons or tokens for Bitcoin, or Bitcoin debt notes that the mint issues. The e-cash states, essentially, "IoU 2900 sats".
They're redeemable for Bitcoin on Lightning (hard money), and therefore can be used as cash (softer money), so long as the mint has a good reputation. That means that they're less fungible than Lightning because the e-cash from one mint can be more or less valuable than the e-cash from another. If a mint is buggy, offline, or disappears, then the e-cash is unreedemable.
It also means that e-cash is more anonymous than Lightning, and that the sender and receiver's wallets don't need to be online, to transact. Nutzaps now add the possibility of parking transactions one level farther out, on a relay. The same relays that cannot keep npub profiles and follow lists consistent will now do monetary transactions.
What we then have is * a transaction on a relay that triggers * a transaction on a mint that triggers * a transaction on Lightning that triggers * a transaction on Bitcoin.
Which means that every relay that stores the nuts is part of a wildcat banking system. Which is fine, but relay operators should consider whether they wish to carry the associated risks and liabilities. They should also be aware that they should implement the appropriate features in their relay, such as expiration tags (nuts rot after 2 weeks), and to make sure that only expired nuts are deleted.
There will be plenty of specialized relays for this, so don't feel pressured to join in, and research the topic carefully, for yourself.
https://github.com/nostr-protocol/nips/blob/master/60.md
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@ daa41bed:88f54153
2025-02-09 16:50:04There has been a good bit of discussion on Nostr over the past few days about the merits of zaps as a method of engaging with notes, so after writing a rather lengthy article on the pros of a strategic Bitcoin reserve, I wanted to take some time to chime in on the much more fun topic of digital engagement.
Let's begin by defining a couple of things:
Nostr is a decentralized, censorship-resistance protocol whose current biggest use case is social media (think Twitter/X). Instead of relying on company servers, it relies on relays that anyone can spin up and own their own content. Its use cases are much bigger, though, and this article is hosted on my own relay, using my own Nostr relay as an example.
Zap is a tip or donation denominated in sats (small units of Bitcoin) sent from one user to another. This is generally done directly over the Lightning Network but is increasingly using Cashu tokens. For the sake of this discussion, how you transmit/receive zaps will be irrelevant, so don't worry if you don't know what Lightning or Cashu are.
If we look at how users engage with posts and follows/followers on platforms like Twitter, Facebook, etc., it becomes evident that traditional social media thrives on engagement farming. The more outrageous a post, the more likely it will get a reaction. We see a version of this on more visual social platforms like YouTube and TikTok that use carefully crafted thumbnail images to grab the user's attention to click the video. If you'd like to dive deep into the psychology and science behind social media engagement, let me know, and I'd be happy to follow up with another article.
In this user engagement model, a user is given the option to comment or like the original post, or share it among their followers to increase its signal. They receive no value from engaging with the content aside from the dopamine hit of the original experience or having their comment liked back by whatever influencer they provide value to. Ad revenue flows to the content creator. Clout flows to the content creator. Sales revenue from merch and content placement flows to the content creator. We call this a linear economy -- the idea that resources get created, used up, then thrown away. Users create content and farm as much engagement as possible, then the content is forgotten within a few hours as they move on to the next piece of content to be farmed.
What if there were a simple way to give value back to those who engage with your content? By implementing some value-for-value model -- a circular economy. Enter zaps.
Unlike traditional social media platforms, Nostr does not actively use algorithms to determine what content is popular, nor does it push content created for active user engagement to the top of a user's timeline. Yes, there are "trending" and "most zapped" timelines that users can choose to use as their default, but these use relatively straightforward engagement metrics to rank posts for these timelines.
That is not to say that we may not see clients actively seeking to refine timeline algorithms for specific metrics. Still, the beauty of having an open protocol with media that is controlled solely by its users is that users who begin to see their timeline gamed towards specific algorithms can choose to move to another client, and for those who are more tech-savvy, they can opt to run their own relays or create their own clients with personalized algorithms and web of trust scoring systems.
Zaps enable the means to create a new type of social media economy in which creators can earn for creating content and users can earn by actively engaging with it. Like and reposting content is relatively frictionless and costs nothing but a simple button tap. Zaps provide active engagement because they signal to your followers and those of the content creator that this post has genuine value, quite literally in the form of money—sats.
I have seen some comments on Nostr claiming that removing likes and reactions is for wealthy people who can afford to send zaps and that the majority of people in the US and around the world do not have the time or money to zap because they have better things to spend their money like feeding their families and paying their bills. While at face value, these may seem like valid arguments, they, unfortunately, represent the brainwashed, defeatist attitude that our current economic (and, by extension, social media) systems aim to instill in all of us to continue extracting value from our lives.
Imagine now, if those people dedicating their own time (time = money) to mine pity points on social media would instead spend that time with genuine value creation by posting content that is meaningful to cultural discussions. Imagine if, instead of complaining that their posts get no zaps and going on a tirade about how much of a victim they are, they would empower themselves to take control of their content and give value back to the world; where would that leave us? How much value could be created on a nascent platform such as Nostr, and how quickly could it overtake other platforms?
Other users argue about user experience and that additional friction (i.e., zaps) leads to lower engagement, as proven by decades of studies on user interaction. While the added friction may turn some users away, does that necessarily provide less value? I argue quite the opposite. You haven't made a few sats from zaps with your content? Can't afford to send some sats to a wallet for zapping? How about using the most excellent available resource and spending 10 seconds of your time to leave a comment? Likes and reactions are valueless transactions. Social media's real value derives from providing monetary compensation and actively engaging in a conversation with posts you find interesting or thought-provoking. Remember when humans thrived on conversation and discussion for entertainment instead of simply being an onlooker of someone else's life?
If you've made it this far, my only request is this: try only zapping and commenting as a method of engagement for two weeks. Sure, you may end up liking a post here and there, but be more mindful of how you interact with the world and break yourself from blind instinct. You'll thank me later.
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@ 6a6be47b:3e74e3e1
2025-05-24 08:21:35Hi, frens!
🥳 This is my first post over here, yaaay! I’m very excited to start this journey. I have lots of posts on my website https://samhainsam.art/ , but I decided to give you a short introduction to me and my artwork. Shall we?
But first, how’s your weekend going? Already dreading Monday, or just enjoying the moment? I hope it’s the latter, but if not, that’s okay too. Everything passes, and while that might not be the most comforting thought, knowing that it will eventually pass—and, most importantly, that we get to decide how to respond—makes a big difference. Either way, we’re all going to die, so take it as you wish! 😅
Anyway, I wanted to share a little something. If you’ve visited my shop on Ko-fi https://ko-fi.com/samhainsam/shop , you might have wondered why it seems a bit all over the place. Or maybe you haven’t noticed or don’t care—but either way, I thought I’d clarify.
🖼️ I’m a self-taught artist who loves everything related to religion, occultism, paganism, animals, and esotericism—and how all these themes intertwine in our lives. I paint and illustrate inspired by these ideas.
Most of my recent paintings come with a blog post explaining their background. Even before, I always researched the subjects I painted, but lately, I’ve been diving much deeper.
🎨 My “Wheel of the Year” series has completely fascinated me. I’ve been learning so many nuggets of wisdom, and discovering how Christianity borrowed or even erased many symbols and traditions to create new narratives. For example, Imbolc was rebranded as Candlemas, and my blog post about the Spanish Inquisition touches on some of these symbols and their impact on both past and present society.
🐦 I also have some paintings just about birds—I'm a bit of a sucker for them! Shoebills and cassowaries are among my favorites, and I might end up painting them again soon. But you get the picture! If not, why not take a peek at my blog? https://samhainsam.art/blog/
🖋️ You can read something fun and interesting while enjoying my artwork.
Come on over, and let’s have some cool and healthy fun.
Enjoy your weekend, my friends!
Godspeed ⚡
https://stacker.news/items/988069
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@ 04c915da:3dfbecc9
2025-05-16 17:51:54In much of the world, it is incredibly difficult to access U.S. dollars. Local currencies are often poorly managed and riddled with corruption. Billions of people demand a more reliable alternative. While the dollar has its own issues of corruption and mismanagement, it is widely regarded as superior to the fiat currencies it competes with globally. As a result, Tether has found massive success providing low cost, low friction access to dollars. Tether claims 400 million total users, is on track to add 200 million more this year, processes 8.1 million transactions daily, and facilitates $29 billion in daily transfers. Furthermore, their estimates suggest nearly 40% of users rely on it as a savings tool rather than just a transactional currency.
Tether’s rise has made the company a financial juggernaut. Last year alone, Tether raked in over $13 billion in profit, with a lean team of less than 100 employees. Their business model is elegantly simple: hold U.S. Treasuries and collect the interest. With over $113 billion in Treasuries, Tether has turned a straightforward concept into a profit machine.
Tether’s success has resulted in many competitors eager to claim a piece of the pie. This has triggered a massive venture capital grift cycle in USD tokens, with countless projects vying to dethrone Tether. Due to Tether’s entrenched network effect, these challengers face an uphill battle with little realistic chance of success. Most educated participants in the space likely recognize this reality but seem content to perpetuate the grift, hoping to cash out by dumping their equity positions on unsuspecting buyers before they realize the reality of the situation.
Historically, Tether’s greatest vulnerability has been U.S. government intervention. For over a decade, the company operated offshore with few allies in the U.S. establishment, making it a major target for regulatory action. That dynamic has shifted recently and Tether has seized the opportunity. By actively courting U.S. government support, Tether has fortified their position. This strategic move will likely cement their status as the dominant USD token for years to come.
While undeniably a great tool for the millions of users that rely on it, Tether is not without flaws. As a centralized, trusted third party, it holds the power to freeze or seize funds at its discretion. Corporate mismanagement or deliberate malpractice could also lead to massive losses at scale. In their goal of mitigating regulatory risk, Tether has deepened ties with law enforcement, mirroring some of the concerns of potential central bank digital currencies. In practice, Tether operates as a corporate CBDC alternative, collaborating with authorities to surveil and seize funds. The company proudly touts partnerships with leading surveillance firms and its own data reveals cooperation in over 1,000 law enforcement cases, with more than $2.5 billion in funds frozen.
The global demand for Tether is undeniable and the company’s profitability reflects its unrivaled success. Tether is owned and operated by bitcoiners and will likely continue to push forward strategic goals that help the movement as a whole. Recent efforts to mitigate the threat of U.S. government enforcement will likely solidify their network effect and stifle meaningful adoption of rival USD tokens or CBDCs. Yet, for all their achievements, Tether is simply a worse form of money than bitcoin. Tether requires trust in a centralized entity, while bitcoin can be saved or spent without permission. Furthermore, Tether is tied to the value of the US Dollar which is designed to lose purchasing power over time, while bitcoin, as a truly scarce asset, is designed to increase in purchasing power with adoption. As people awaken to the risks of Tether’s control, and the benefits bitcoin provides, bitcoin adoption will likely surpass it.
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@ 8aa70f44:3073d1a6
2025-05-21 13:07:14Earlier this year I launched the asknostr.site project which has been a great journey and learning experience. I had wanted to write down my goals and ideas with the project but didn't get to it yet. Primal launching the article editor was a trigger for me to go for it.
Ever since I joined Nostr i was looking for ways to apply my skillset solve a problem and help with adoption. Around Christmas I figured that a Quora/Stackoverflow alternative is something that needs to exist on Nostr.
Before I knew it I had a pretty decent prototype. And because the network already had so much awesome content, contributors and authors I was never discouraged by the challenge that kills so many good ideas -> "Where do I get the first users?".
Since the initial announcement I have received so much encouragement through zaps, likes, DM's, and maybe most of all seeing the increase in usage of the site and #asknostr content kept me going.
Current State
The current version of the site is stable and most bugs are hashed out. After logging in (remote signer, extension or nsec) you can engage with content through votes, comments and replies. Or simply ask a new question.
All content is stored in the site's own private relay and preprocessed/computed into a single data store (postgres) so the site is fast, accessible and crawl-able.
The site supports browsing hashtags, voting/commenting on answers, asking new questions and every contributor get their own profile (example). At the time of writing the site has 41k questions, almost 200k replies/comments and upwards of 5 million sats purely for #asknostr content.
What to expect/On my list
There are plenty of things and UI bugs that need love and between writing the draft of this post and hitting publish I shipped 3 minor bug fixes. Little by little, bit by bit...
In addition to all those small details here is an overview of the things on my own wish list:
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Inline Zaps: Ability to zap from the asknostr.site interface. Click the zap button, specify or pick the number of sats zap away.
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Contributor Rank: A leaderboard to add some gamification. More recognition to those nostriches that spend their time helping other people out
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Search by Keyword: Search all content by keywords. Experiment with the index to show related questions or answers
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Better User Profiles: Improve the user profile so it shows all the profile questions and answers. Quick buttons to follow or zap that person. Better insights in the topics (hashtags) the profile contributes to
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Bookmarks: Ability to bookmark questions and answers. Increase bookmark weight as a signal to rank answers.
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Smarter Scoring: Tune how answers are scored (winning answer formula). Perhaps give more weight to the question author or use WoT. Not sure yet.
All of this is happening at some point so follow me if you want to stay up to date.
Goals
To manage expectations and keep me focussed I write down the mid and long term goals of the project.
Long term
Call me cheesy but I believe that humanity will flourish through an open web and sound money. My own journey started from with bitcoin but if you asked me today if it's BTC or nostr that is going to have the most impact I wouldn't know what to answer. Chicken or egg?
The goal of the project is to offer an open platform that empowers individuals to ask questions, share expertise and access high-quality information across different topics. The project empowers anyone to monetize their experience creating a sustainable ecosystem that values and rewards knowledge sharing. This will ultimately democratize access to knowledge for all.
Mid term
The project can help a lot with onboarding new users onto the network. Once we start to rank on certain topics we can get a piece of the search traffic pie (StackOverflows 12 million, and Quora 150 million visitors per month) which is a great way to expose people to the power of the network.
First time visitors do not need to know about nostr or zaps to receive value. They can browse around, discover interesting content and perhaps even create a profile without even knowing they are on Nostr now.
Gradually those users will understand the value of the network through better rankings (zaps beats likes), a cross-client experience and a profile that can be used on any nostr site or app.
In order for the site to do that we need to make sure content is browsable by language, (sub)topics and and we double down on 'the human touch' with real contributors and not LLMs.
Short Term Goal
The first goal is to make the site really good and an important resource for existing Nostr users. Enable visitors to search and discover what they are interested in. Integrate within the existing nostr eco system with 'open in' functionality and quick links to interesting projects (followerpacks?)
One of things i want to get right is to improve user retention by making the whole Q\&A experience more sticky. I want to run some experiments (bots, award, summaries) to get more people to use asknostr.site more often and come back.
What about the name?
Finally the big question: What about the asknostr.site name? I don't like the name that much but it's what people know. I think there is a high chance that people will discover Nostr apps like Olas, Primal or Damus without needing to know what NOSTR is or means.
Therefore I think there is a good chance that the project won't be called asknostr.site forever. I guess it all depends on where we all take this.
Onwards!
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@ 57d1a264:69f1fee1
2025-05-21 05:47:41As a product builder over too many years to mention, I’ve lost count of the number of times I’ve seen promising ideas go from zero to hero in a few weeks, only to fizzle out within months.
The problem with most finance apps, however, is that they often become a reflection of the internal politics of the business rather than an experience solely designed around the customer. This means that the focus is on delivering as many features and functionalities as possible to satisfy the needs and desires of competing internal departments, rather than providing a clear value proposition that is focused on what the people out there in the real world want. As a result, these products can very easily bloat to become a mixed bag of confusing, unrelated and ultimately unlovable customer experiences—a feature salad, you might say.
Financial products, which is the field I work in, are no exception. With people’s real hard-earned money on the line, user expectations running high, and a crowded market, it’s tempting to throw as many features at the wall as possible and hope something sticks. But this approach is a recipe for disaster.
Here’s why: https://alistapart.com/article/from-beta-to-bedrock-build-products-that-stick/
https://stacker.news/items/985285
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@ 04c915da:3dfbecc9
2025-05-16 17:12:05One of the most common criticisms leveled against nostr is the perceived lack of assurance when it comes to data storage. Critics argue that without a centralized authority guaranteeing that all data is preserved, important information will be lost. They also claim that running a relay will become prohibitively expensive. While there is truth to these concerns, they miss the mark. The genius of nostr lies in its flexibility, resilience, and the way it harnesses human incentives to ensure data availability in practice.
A nostr relay is simply a server that holds cryptographically verifiable signed data and makes it available to others. Relays are simple, flexible, open, and require no permission to run. Critics are right that operating a relay attempting to store all nostr data will be costly. What they miss is that most will not run all encompassing archive relays. Nostr does not rely on massive archive relays. Instead, anyone can run a relay and choose to store whatever subset of data they want. This keeps costs low and operations flexible, making relay operation accessible to all sorts of individuals and entities with varying use cases.
Critics are correct that there is no ironclad guarantee that every piece of data will always be available. Unlike bitcoin where data permanence is baked into the system at a steep cost, nostr does not promise that every random note or meme will be preserved forever. That said, in practice, any data perceived as valuable by someone will likely be stored and distributed by multiple entities. If something matters to someone, they will keep a signed copy.
Nostr is the Streisand Effect in protocol form. The Streisand effect is when an attempt to suppress information backfires, causing it to spread even further. With nostr, anyone can broadcast signed data, anyone can store it, and anyone can distribute it. Try to censor something important? Good luck. The moment it catches attention, it will be stored on relays across the globe, copied, and shared by those who find it worth keeping. Data deemed important will be replicated across servers by individuals acting in their own interest.
Nostr’s distributed nature ensures that the system does not rely on a single point of failure or a corporate overlord. Instead, it leans on the collective will of its users. The result is a network where costs stay manageable, participation is open to all, and valuable verifiable data is stored and distributed forever.
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@ 04c915da:3dfbecc9
2025-05-15 15:31:45Capitalism is the most effective system for scaling innovation. The pursuit of profit is an incredibly powerful human incentive. Most major improvements to human society and quality of life have resulted from this base incentive. Market competition often results in the best outcomes for all.
That said, some projects can never be monetized. They are open in nature and a business model would centralize control. Open protocols like bitcoin and nostr are not owned by anyone and if they were it would destroy the key value propositions they provide. No single entity can or should control their use. Anyone can build on them without permission.
As a result, open protocols must depend on donation based grant funding from the people and organizations that rely on them. This model works but it is slow and uncertain, a grind where sustainability is never fully reached but rather constantly sought. As someone who has been incredibly active in the open source grant funding space, I do not think people truly appreciate how difficult it is to raise charitable money and deploy it efficiently.
Projects that can be monetized should be. Profitability is a super power. When a business can generate revenue, it taps into a self sustaining cycle. Profit fuels growth and development while providing projects independence and agency. This flywheel effect is why companies like Google, Amazon, and Apple have scaled to global dominance. The profit incentive aligns human effort with efficiency. Businesses must innovate, cut waste, and deliver value to survive.
Contrast this with non monetized projects. Without profit, they lean on external support, which can dry up or shift with donor priorities. A profit driven model, on the other hand, is inherently leaner and more adaptable. It is not charity but survival. When survival is tied to delivering what people want, scale follows naturally.
The real magic happens when profitable, sustainable businesses are built on top of open protocols and software. Consider the many startups building on open source software stacks, such as Start9, Mempool, and Primal, offering premium services on top of the open source software they build out and maintain. Think of companies like Block or Strike, which leverage bitcoin’s open protocol to offer their services on top. These businesses amplify the open software and protocols they build on, driving adoption and improvement at a pace donations alone could never match.
When you combine open software and protocols with profit driven business the result are lean, sustainable companies that grow faster and serve more people than either could alone. Bitcoin’s network, for instance, benefits from businesses that profit off its existence, while nostr will expand as developers monetize apps built on the protocol.
Capitalism scales best because competition results in efficiency. Donation funded protocols and software lay the groundwork, while market driven businesses build on top. The profit incentive acts as a filter, ensuring resources flow to what works, while open systems keep the playing field accessible, empowering users and builders. Together, they create a flywheel of innovation, growth, and global benefit.
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@ 08f96856:ffe59a09
2025-05-15 01:22:34เมื่อพูดถึง Bitcoin Standard หลายคนมักนึกถึงภาพโลกอนาคตที่ทุกคนใช้บิตคอยน์ซื้อกาแฟหรือของใช้ในชีวิตประจำวัน ภาพแบบนั้นดูเหมือนไกลตัวและเป็นไปไม่ได้ในความเป็นจริง หลายคนถึงกับพูดว่า “คงไม่ทันเห็นในช่วงชีวิตนี้หรอก” แต่ในมุมมองของผม Bitcoin Standard อาจไม่ได้เริ่มต้นจากการที่เราจ่ายบิตคอยน์โดยตรงในร้านค้า แต่อาจเริ่มจากบางสิ่งที่เงียบกว่า ลึกกว่า และเกิดขึ้นแล้วในขณะนี้ นั่นคือ การล่มสลายทีละน้อยของระบบเฟียตที่เราใช้กันอยู่
ระบบเงินที่อิงกับอำนาจรัฐกำลังเข้าสู่ช่วงขาลง รัฐบาลทั่วโลกกำลังจมอยู่ในภาระหนี้ระดับประวัติการณ์ แม้แต่ประเทศมหาอำนาจก็เริ่มแสดงสัญญาณของภาวะเสี่ยงผิดนัดชำระหนี้ อัตราเงินเฟ้อกลายเป็นปัญหาเรื้อรังที่ไม่มีท่าทีจะหายไป ธนาคารที่เคยโอนฟรีเริ่มกลับมาคิดค่าธรรมเนียม และประชาชนก็เริ่มรู้สึกถึงการเสื่อมศรัทธาในระบบการเงินดั้งเดิม แม้จะยังพูดกันไม่เต็มเสียงก็ตาม
ในขณะเดียวกัน บิตคอยน์เองก็กำลังพัฒนาแบบเงียบ ๆ เงียบ... แต่ไม่เคยหยุด โดยเฉพาะในระดับ Layer 2 ที่เริ่มแสดงศักยภาพอย่างจริงจัง Lightning Network เป็น Layer 2 ที่เปิดใช้งานมาได้ระยะเวลสหนึ่ง และยังคงมีบทบาทสำคัญที่สุดในระบบนิเวศของบิตคอยน์ มันทำให้การชำระเงินเร็วขึ้น มีต้นทุนต่ำ และไม่ต้องบันทึกทุกธุรกรรมลงบล็อกเชน เครือข่ายนี้กำลังขยายตัวทั้งในแง่ของโหนดและการใช้งานจริงทั่วโลก
ขณะเดียวกัน Layer 2 ทางเลือกอื่นอย่าง Ark Protocol ก็กำลังพัฒนาเพื่อตอบโจทย์ด้านความเป็นส่วนตัวและประสบการณ์ใช้งานที่ง่าย BitVM เปิดแนวทางใหม่ให้บิตคอยน์รองรับ smart contract ได้ในระดับ Turing-complete ซึ่งทำให้เกิดความเป็นไปได้ในกรณีใช้งานอีกมากมาย และเทคโนโลยีที่น่าสนใจอย่าง Taproot Assets, Cashu และ Fedimint ก็ทำให้การออกโทเคนหรือสกุลเงินที่อิงกับบิตคอยน์เป็นจริงได้บนโครงสร้างของบิตคอยน์เอง
เทคโนโลยีเหล่านี้ไม่ใช่การเติบโตแบบปาฏิหาริย์ แต่มันคืบหน้าอย่างต่อเนื่องและมั่นคง และนั่นคือเหตุผลที่มันจะ “อยู่รอด” ได้ในระยะยาว เมื่อฐานของความน่าเชื่อถือไม่ใช่บริษัท รัฐบาล หรือทุน แต่คือสิ่งที่ตรวจสอบได้และเปลี่ยนกฎไม่ได้
แน่นอนว่าบิตคอยน์ต้องแข่งขันกับ stable coin, เงินดิจิทัลของรัฐ และ cryptocurrency อื่น ๆ แต่สิ่งที่ทำให้มันเหนือกว่านั้นไม่ใช่ฟีเจอร์ หากแต่เป็นความทนทาน และความมั่นคงของกฎที่ไม่มีใครเปลี่ยนได้ ไม่มีทีมพัฒนา ไม่มีบริษัท ไม่มีประตูปิด หรือการยึดบัญชี มันยืนอยู่บนคณิตศาสตร์ พลังงาน และเวลา
หลายกรณีใช้งานที่เคยถูกทดลองในโลกคริปโตจะค่อย ๆ เคลื่อนเข้ามาสู่บิตคอยน์ เพราะโครงสร้างของมันแข็งแกร่งกว่า ไม่ต้องการทีมพัฒนาแกนกลาง ไม่ต้องพึ่งกลไกเสี่ยงต่อการผูกขาด และไม่ต้องการ “ความเชื่อใจ” จากใครเลย
Bitcoin Standard ที่ผมพูดถึงจึงไม่ใช่การเปลี่ยนแปลงแบบพลิกหน้ามือเป็นหลังมือ แต่คือการ “เปลี่ยนฐานของระบบ” ทีละชั้น ระบบการเงินใหม่ที่อิงอยู่กับบิตคอยน์กำลังเกิดขึ้นแล้ว มันไม่ใช่โลกที่ทุกคนถือเหรียญบิตคอยน์ แต่มันคือโลกที่คนใช้อาจไม่รู้ตัวด้วยซ้ำว่า “สิ่งที่เขาใช้นั้นอิงอยู่กับบิตคอยน์”
ผู้คนอาจใช้เงินดิจิทัลที่สร้างบน Layer 3 หรือ Layer 4 ผ่านแอป ผ่านแพลตฟอร์ม หรือผ่านสกุลเงินใหม่ที่ดูไม่ต่างจากเดิม แต่เบื้องหลังของระบบจะผูกไว้กับบิตคอยน์
และถ้ามองในเชิงพัฒนาการ บิตคอยน์ก็เหมือนกับอินเทอร์เน็ต ครั้งหนึ่งอินเทอร์เน็ตก็ถูกมองว่าเข้าใจยาก ต้องพิมพ์ http ต้องรู้จัก TCP/IP ต้องตั้ง proxy เอง แต่ปัจจุบันผู้คนใช้งานอินเทอร์เน็ตโดยไม่รู้ว่าเบื้องหลังมีอะไรเลย บิตคอยน์กำลังเดินตามเส้นทางเดียวกัน โปรโตคอลกำลังถอยออกจากสายตา และวันหนึ่งเราจะ “ใช้มัน” โดยไม่ต้องรู้ว่ามันคืออะไร
หากนับจากช่วงเริ่มต้นของอินเทอร์เน็ตในยุค 1990 จนกลายเป็นโครงสร้างหลักของโลกในสองทศวรรษ เส้นเวลาของบิตคอยน์ก็กำลังเดินตามรอยเท้าของอินเทอร์เน็ต และถ้าเราเชื่อว่าวัฏจักรของเทคโนโลยีมีจังหวะของมันเอง เราก็จะรู้ว่า Bitcoin Standard นั้นไม่ใช่เรื่องของอนาคตไกลโพ้น แต่มันเกิดขึ้นแล้ว
siamstr
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@ 1b9fc4cd:1d6d4902
2025-05-24 08:19:41Music in media is like audio umami, the perfect seasoning in a recipe. It has the ability to enhance flavor and provide depth. Daniel Siegel Alonso examines how music is indispensable in enchanting consumers, from the memorable jingles of television commercials to the emotionally charged earworms in viral videos. Its influence is ubiquitous, transforming ordinary content into unforgettable experiences, evoking emotions, and molding cultural trends.
Television Commercials: The Jingle Jungle
Siegel Alonso begins by considering the television commercial. Music is the secret weapon in advertising and marketing, where attention spans can be shorter than the length of a cat video on TikTok. With its catchy melody and simple lyrics, the classic jingle is a masterclass in auditory branding. Do you remember 1971's "I'd Like to Buy the World a Coke"? That was more than just a tune; it was a cultural touchstone.
Today, in modern advertising, music's role transcends nostalgic jingles. Brands now curate full-fledged soundtracks to build an emotional narrative. Take Apple's commercials, for example. They often spotlight indie artists whose songs capture the essence of innovation and simplicity. These choices aren't random; they align with the brand's identity and leave a lasting impression.
Music Videos: The Visual Symphony
Music videos are the perfect union of audio and visual storytelling and have revolutionized how people consume music. These clips are not merely promotional tools but are art forms. At its peak, music videos were cultural events. Nobody took advantage of the medium better than Madonna. Think of her "Justify My Love" video—a short film that was so subversive that MTV banned it. (Ever the businesswoman, The Material Girl decided to make the controversial video available commercially as a video single, marking the first time a musician released a single in this format in the United States.)
Daniel Siegel Alonso fast forwards to the current age of social media, with channels like YouTube and TikTok breathing new life into the music video. Artists can now connect directly with their audience, bypassing cautious publicists and conservative record company executives. This democratization has led to a surge in creativity. Think about Childish Gambino's cinematic "This is America." The music video sparked widespread discussion and analysis with its in-your-face imagery and complex themes. It wasn't just a song but a statement.
Social Media: The Viral Soundtrack
Music is the magical ingredient in social media that can instantly catapult content into viral fame. Platforms like TikTok have turned short, catchy music clips into a global phenomenon. A 15-second snippet can lead to myriad dance challenges, lip-sync clips, and memes, propelling relatively obscure singers to stardom overnight.
Daniel Siegel Alonso uses Lil Nas X's "Old Town Road" as a key example. With its genre-blending sound, the song became a sensation largely thanks to TikTok. Users created countless videos featuring the song, and the track's infectious energy spread like wildfire. The result was a record-breaking run on the Billboard Hot 100—and a Grammy win!
Even Instagram's Stories and Reels leverage songs to enrich their user experience. Whether it's a tearjerker ballad emphasizing heartfelt memories or an aggressive track fueling a workout video, music layers in emotional content that words and images can't achieve.
The Emotional Manipulator
Music's influence in media lies in its power to manipulate emotions—the invisible puppeteer tugs at the heartstrings, stirring nostalgia, joy, sadness, or excitement. Filmmakers and content creators understand this well. Imagine watching a horror flick without a creepy soundtrack.
In television shows, music often acts as an additional character on screen. Netflix's "Stranger Things" and HBO's "Game of Thrones" have iconic soundtracks that are instantly recognizable and have even revitalized musicians' careers (think Kate Bush and her iconic song "Running Up That Hill"). These scores aren't just background fodder; they are crucial to storytelling by creating tension and enhancing dramatic moments.
Cultural Shaper
Beyond its emotional impact, music in media also serves as a cultural shaper. It impacts everything from fashion to language and even social movements. Consider MTV's influence and reach at its height in the 1980s and 1990s. The cable channel didn't just air music videos; it created superstars and defined an era, influencing everything from hairdos to political views.
While MTV may not be the behemoth it once was, social media platforms continue the tradition today. Viral music trends can spark global discussions. For instance, the Black Lives Matter movement saw numerous musicians penning powerful anthems that became rallying cries, shared widely on social media. In this context, music transcends entertainment; it's a vehicle for evolution.
Conclusion
In the grand tapestry of media, Daniel Siegel Alonso asserts that music is the thread that weaves everything together. It turns commercials into cultural icons, music videos into visual feasts, and social media content into viral sensations. Its power to elicit emotion, contribute to culture, and tell unique stories makes it an invaluable tool for creators.
If there are stories to tell and products to sell, music will remain at the heart of media, striking the right chords and leaving an unforgettable mark on our collective psyche. Ultimately, it's not just about the notes and melodies; it's about the feelings and memories they arouse, making music the unsung hero in the ever-changing media landscape.
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@ 97c70a44:ad98e322
2025-02-03 22:25:35Last week, in a bid to understand the LLM hype, I decided to write a trivial nostr-related program in rust via a combination of codebuff (yes, that is a referral link, pls click), aider, and goose.
The result of the experiment was inconclusive, but as a side effect it produced a great case study in converting a NINO into a Real Nostr App.
Introducing Roz
Roz, a friendly notary for nostr events.
To use it, simply publish an event to
relay.damus.io
ornos.lol
, and roz will make note of it. To find out when roz first saw a given event, just ask:curl https://roz.coracle.social/notary/cb429632ae22557d677a11149b2d0ccd72a1cf66ac55da30e3534ed1a492765d
This will return a JSON payload with a
seen
key indicating when roz first saw the event. How (and whether) you use this is up to you!De-NINO-fying roz
Roz is just a proof of concept, so don't rely on it being there forever. And anyway, roz is a NINO, since it provides value to nostr (potentially), but doesn't really do things in a nostr-native way. It also hard-codes its relays, and certainly doesn't use the outbox model or sign events. But that's ok, it's a proof of concept.
A much better way to do this would be to modify roz to properly leverage nostr's capabilities, namely:
- Use nostr-native data formats (i.e., draft a new kind)
- Use relays instead of proprietary servers for data storage
- Leverage nostr identities and signatures to decouple trust from storage, and allow trusted attestations to be discovered
Luckily, this is not hard at all. In fact, I've gone ahead and drafted a PR to the NIPs repo that adds timestamp annotations to NIP 03, as an alternative to OpenTimestamps. The trade-off is that while user attestations are far less reliable than OTS proofs, they're much easier to verify, and can reach a pretty high level of reliability by combining multiple attestation sources with other forms of reputation.
In other words, instead of going nuclear and embedding your attestations into The Time Chain, you can simply ask 5-10 relays or people you trust for their attestations for a given event.
This PR isn't terribly important on its own, but it does remove one small barrier between us and trusted key rotation events (or other types of event that require establishing a verifiable chain of causality).
-
@ 0fa80bd3:ea7325de
2025-01-29 05:55:02The land that belongs to the indigenous peoples of Russia has been seized by a gang of killers who have unleashed a war of extermination. They wipe out anyone who refuses to conform to their rules. Those who disagree and stay behind are tortured and killed in prisons and labor camps. Those who flee lose their homeland, dissolve into foreign cultures, and fade away. And those who stand up to protect their people are attacked by the misled and deceived. The deceived die for the unchecked greed of a single dictator—thousands from both sides, people who just wanted to live, raise their kids, and build a future.
Now, they are forced to make an impossible choice: abandon their homeland or die. Some perish on the battlefield, others lose themselves in exile, stripped of their identity, scattered in a world that isn’t theirs.
There’s been endless debate about how to fix this, how to clear the field of the weeds that choke out every new sprout, every attempt at change. But the real problem? We can’t play by their rules. We can’t speak their language or use their weapons. We stand for humanity, and no matter how righteous our cause, we will not multiply suffering. Victory doesn’t come from matching the enemy—it comes from staying ahead, from using tools they haven’t mastered yet. That’s how wars are won.
Our only resource is the will of the people to rewrite the order of things. Historian Timothy Snyder once said that a nation cannot exist without a city. A city is where the most active part of a nation thrives. But the cities are occupied. The streets are watched. Gatherings are impossible. They control the money. They control the mail. They control the media. And any dissent is crushed before it can take root.
So I started asking myself: How do we stop this fragmentation? How do we create a space where people can rebuild their connections when they’re ready? How do we build a self-sustaining network, where everyone contributes and benefits proportionally, while keeping their freedom to leave intact? And more importantly—how do we make it spread, even in occupied territory?
In 2009, something historic happened: the internet got its own money. Thanks to Satoshi Nakamoto, the world took a massive leap forward. Bitcoin and decentralized ledgers shattered the idea that money must be controlled by the state. Now, to move or store value, all you need is an address and a key. A tiny string of text, easy to carry, impossible to seize.
That was the year money broke free. The state lost its grip. Its biggest weapon—physical currency—became irrelevant. Money became purely digital.
The internet was already a sanctuary for information, a place where people could connect and organize. But with Bitcoin, it evolved. Now, value itself could flow freely, beyond the reach of authorities.
Think about it: when seedlings are grown in controlled environments before being planted outside, they get stronger, survive longer, and bear fruit faster. That’s how we handle crops in harsh climates—nurture them until they’re ready for the wild.
Now, picture the internet as that controlled environment for ideas. Bitcoin? It’s the fertile soil that lets them grow. A testing ground for new models of interaction, where concepts can take root before they move into the real world. If nation-states are a battlefield, locked in a brutal war for territory, the internet is boundless. It can absorb any number of ideas, any number of people, and it doesn’t run out of space.
But for this ecosystem to thrive, people need safe ways to communicate, to share ideas, to build something real—without surveillance, without censorship, without the constant fear of being erased.
This is where Nostr comes in.
Nostr—"Notes and Other Stuff Transmitted by Relays"—is more than just a messaging protocol. It’s a new kind of city. One that no dictator can seize, no corporation can own, no government can shut down.
It’s built on decentralization, encryption, and individual control. Messages don’t pass through central servers—they are relayed through independent nodes, and users choose which ones to trust. There’s no master switch to shut it all down. Every person owns their identity, their data, their connections. And no one—no state, no tech giant, no algorithm—can silence them.
In a world where cities fall and governments fail, Nostr is a city that cannot be occupied. A place for ideas, for networks, for freedom. A city that grows stronger the more people build within it.
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@ f9cf4e94:96abc355
2025-01-18 06:09:50Para esse exemplo iremos usar: | Nome | Imagem | Descrição | | --------------- | ------------------------------------------------------------ | ------------------------------------------------------------ | | Raspberry PI B+ |
| Cortex-A53 (ARMv8) 64-bit a 1.4GHz e 1 GB de SDRAM LPDDR2, | | Pen drive |
| 16Gb |
Recomendo que use o Ubuntu Server para essa instalação. Você pode baixar o Ubuntu para Raspberry Pi aqui. O passo a passo para a instalação do Ubuntu no Raspberry Pi está disponível aqui. Não instale um desktop (como xubuntu, lubuntu, xfce, etc.).
Passo 1: Atualizar o Sistema 🖥️
Primeiro, atualize seu sistema e instale o Tor:
bash apt update apt install tor
Passo 2: Criar o Arquivo de Serviço
nrs.service
🔧Crie o arquivo de serviço que vai gerenciar o servidor Nostr. Você pode fazer isso com o seguinte conteúdo:
```unit [Unit] Description=Nostr Relay Server Service After=network.target
[Service] Type=simple WorkingDirectory=/opt/nrs ExecStart=/opt/nrs/nrs-arm64 Restart=on-failure
[Install] WantedBy=multi-user.target ```
Passo 3: Baixar o Binário do Nostr 🚀
Baixe o binário mais recente do Nostr aqui no GitHub.
Passo 4: Criar as Pastas Necessárias 📂
Agora, crie as pastas para o aplicativo e o pendrive:
bash mkdir -p /opt/nrs /mnt/edriver
Passo 5: Listar os Dispositivos Conectados 🔌
Para saber qual dispositivo você vai usar, liste todos os dispositivos conectados:
bash lsblk
Passo 6: Formatando o Pendrive 💾
Escolha o pendrive correto (por exemplo,
/dev/sda
) e formate-o:bash mkfs.vfat /dev/sda
Passo 7: Montar o Pendrive 💻
Monte o pendrive na pasta
/mnt/edriver
:bash mount /dev/sda /mnt/edriver
Passo 8: Verificar UUID dos Dispositivos 📋
Para garantir que o sistema monte o pendrive automaticamente, liste os UUID dos dispositivos conectados:
bash blkid
Passo 9: Alterar o
fstab
para Montar o Pendrive Automáticamente 📝Abra o arquivo
/etc/fstab
e adicione uma linha para o pendrive, com o UUID que você obteve no passo anterior. A linha deve ficar assim:fstab UUID=9c9008f8-f852 /mnt/edriver vfat defaults 0 0
Passo 10: Copiar o Binário para a Pasta Correta 📥
Agora, copie o binário baixado para a pasta
/opt/nrs
:bash cp nrs-arm64 /opt/nrs
Passo 11: Criar o Arquivo de Configuração 🛠️
Crie o arquivo de configuração com o seguinte conteúdo e salve-o em
/opt/nrs/config.yaml
:yaml app_env: production info: name: Nostr Relay Server description: Nostr Relay Server pub_key: "" contact: "" url: http://localhost:3334 icon: https://external-content.duckduckgo.com/iu/?u= https://public.bnbstatic.com/image/cms/crawler/COINCU_NEWS/image-495-1024x569.png base_path: /mnt/edriver negentropy: true
Passo 12: Copiar o Serviço para o Diretório de Systemd ⚙️
Agora, copie o arquivo
nrs.service
para o diretório/etc/systemd/system/
:bash cp nrs.service /etc/systemd/system/
Recarregue os serviços e inicie o serviço
nrs
:bash systemctl daemon-reload systemctl enable --now nrs.service
Passo 13: Configurar o Tor 🌐
Abra o arquivo de configuração do Tor
/var/lib/tor/torrc
e adicione a seguinte linha:torrc HiddenServiceDir /var/lib/tor/nostr_server/ HiddenServicePort 80 127.0.0.1:3334
Passo 14: Habilitar e Iniciar o Tor 🧅
Agora, ative e inicie o serviço Tor:
bash systemctl enable --now tor.service
O Tor irá gerar um endereço
.onion
para o seu servidor Nostr. Você pode encontrá-lo no arquivo/var/lib/tor/nostr_server/hostname
.
Observações ⚠️
- Com essa configuração, os dados serão salvos no pendrive, enquanto o binário ficará no cartão SD do Raspberry Pi.
- O endereço
.onion
do seu servidor Nostr será algo como:ws://y3t5t5wgwjif<exemplo>h42zy7ih6iwbyd.onion
.
Agora, seu servidor Nostr deve estar configurado e funcionando com Tor! 🥳
Se este artigo e as informações aqui contidas forem úteis para você, convidamos a considerar uma doação ao autor como forma de reconhecimento e incentivo à produção de novos conteúdos.
-
@ 0e9491aa:ef2adadf
2025-05-24 07:01:14Bank run on every crypto bank then bank run on every "real" bank.
— ODELL (@ODELL) December 14, 2022
Good morning.
It looks like PacWest will fail today. It will be both the fifth largest bank failure in US history and the sixth major bank to fail this year. It will likely get purchased by one of the big four banks in a government orchestrated sale.
March 8th - Silvergate Bank
March 10th - Silicon Valley Bank
March 12th - Signature Bank
March 19th - Credit Suisse
May 1st - First Republic Bank
May 4th - PacWest Bank?PacWest is the first of many small regional banks that will go under this year. Most will get bought by the big four in gov orchestrated sales. This has been the playbook since 2008. Follow the incentives. Massive consolidation across the banking industry. PacWest gonna be a drop in the bucket compared to what comes next.
First, a hastened government led bank consolidation, then a public/private partnership with the remaining large banks to launch a surveilled and controlled digital currency network. We will be told it is more convenient. We will be told it is safer. We will be told it will prevent future bank runs. All of that is marketing bullshit. The goal is greater control of money. The ability to choose how we spend it and how we save it. If you control the money - you control the people that use it.
If you found this post helpful support my work with bitcoin.
-
@ 1bda7e1f:bb97c4d9
2025-01-02 05:19:08Tldr
- Nostr is an open and interoperable protocol
- You can integrate it with workflow automation tools to augment your experience
- n8n is a great low/no-code workflow automation tool which you can host yourself
- Nostrobots allows you to integrate Nostr into n8n
- In this blog I create some workflow automations for Nostr
- A simple form to delegate posting notes
- Push notifications for mentions on multiple accounts
- Push notifications for your favourite accounts when they post a note
- All workflows are provided as open source with MIT license for you to use
Inter-op All The Things
Nostr is a new open social protocol for the internet. This open nature exciting because of the opportunities for interoperability with other technologies. In Using NFC Cards with Nostr I explored the
nostr:
URI to launch Nostr clients from a card tap.The interoperability of Nostr doesn't stop there. The internet has many super-powers, and Nostr is open to all of them. Simply, there's no one to stop it. There is no one in charge, there are no permissioned APIs, and there are no risks of being de-platformed. If you can imagine technologies that would work well with Nostr, then any and all of them can ride on or alongside Nostr rails.
My mental model for why this is special is Google Wave ~2010. Google Wave was to be the next big platform. Lars was running it and had a big track record from Maps. I was excited for it. Then, Google pulled the plug. And, immediately all the time and capital invested in understanding and building on the platform was wasted.
This cannot happen to Nostr, as there is no one to pull the plug, and maybe even no plug to pull.
So long as users demand Nostr, Nostr will exist, and that is a pretty strong guarantee. It makes it worthwhile to invest in bringing Nostr into our other applications.
All we need are simple ways to plug things together.
Nostr and Workflow Automation
Workflow automation is about helping people to streamline their work. As a user, the most common way I achieve this is by connecting disparate systems together. By setting up one system to trigger another or to move data between systems, I can solve for many different problems and become way more effective.
n8n for workflow automation
Many workflow automation tools exist. My favourite is n8n. n8n is a low/no-code workflow automation platform which allows you to build all kinds of workflows. You can use it for free, you can self-host it, it has a user-friendly UI and useful API. Vs Zapier it can be far more elaborate. Vs Make.com I find it to be more intuitive in how it abstracts away the right parts of the code, but still allows you to code when you need to.
Most importantly you can plug anything into n8n: You have built-in nodes for specific applications. HTTP nodes for any other API-based service. And community nodes built by individual community members for any other purpose you can imagine.
Eating my own dogfood
It's very clear to me that there is a big design space here just demanding to be explored. If you could integrate Nostr with anything, what would you do?
In my view the best way for anyone to start anything is by solving their own problem first (aka "scratching your own itch" and "eating your own dogfood"). As I get deeper into Nostr I find myself controlling multiple Npubs – to date I have a personal Npub, a brand Npub for a community I am helping, an AI assistant Npub, and various testing Npubs. I need ways to delegate access to those Npubs without handing over the keys, ways to know if they're mentioned, and ways to know if they're posting.
I can build workflows with n8n to solve these issues for myself to start with, and keep expanding from there as new needs come up.
Running n8n with Nostrobots
I am mostly non-technical with a very helpful AI. To set up n8n to work with Nostr and operate these workflows should be possible for anyone with basic technology skills.
- I have a cheap VPS which currently runs my HAVEN Nostr Relay and Albyhub Lightning Node in Docker containers,
- My objective was to set up n8n to run alongside these in a separate Docker container on the same server, install the required nodes, and then build and host my workflows.
Installing n8n
Self-hosting n8n could not be easier. I followed n8n's Docker-Compose installation docs–
- Install Docker and Docker-Compose if you haven't already,
- Create your
docker-compose.yml
and.env
files from the docs, - Create your data folder
sudo docker volume create n8n_data
, - Start your container with
sudo docker compose up -d
, - Your n8n instance should be online at port
5678
.
n8n is free to self-host but does require a license. Enter your credentials into n8n to get your free license key. You should now have access to the Workflow dashboard and can create and host any kind of workflows from there.
Installing Nostrobots
To integrate n8n nicely with Nostr, I used the Nostrobots community node by Ocknamo.
In n8n parlance a "node" enables certain functionality as a step in a workflow e.g. a "set" node sets a variable, a "send email" node sends an email. n8n comes with all kinds of "official" nodes installed by default, and Nostr is not amongst them. However, n8n also comes with a framework for community members to create their own "community" nodes, which is where Nostrobots comes in.
You can only use a community node in a self-hosted n8n instance (which is what you have if you are running in Docker on your own server, but this limitation does prevent you from using n8n's own hosted alternative).
To install a community node, see n8n community node docs. From your workflow dashboard–
- Click the "..." in the bottom left corner beside your username, and click "settings",
- Cilck "community nodes" left sidebar,
- Click "Install",
- Enter the "npm Package Name" which is
n8n-nodes-nostrobots
, - Accept the risks and click "Install",
- Nostrobots is now added to your n8n instance.
Using Nostrobots
Nostrobots gives you nodes to help you build Nostr-integrated workflows–
- Nostr Write – for posting Notes to the Nostr network,
- Nostr Read – for reading Notes from the Nostr network, and
- Nostr Utils – for performing certain conversions you may need (e.g. from bech32 to hex).
Nostrobots has good documentation on each node which focuses on simple use cases.
Each node has a "convenience mode" by default. For example, the "Read" Node by default will fetch Kind 1 notes by a simple filter, in Nostrobots parlance a "Strategy". For example, with Strategy set to "Mention" the node will accept a pubkey and fetch all Kind 1 notes that Mention the pubkey within a time period. This is very good for quick use.
What wasn't clear to me initially (until Ocknamo helped me out) is that advanced use cases are also possible.
Each node also has an advanced mode. For example, the "Read" Node can have "Strategy" set to "RawFilter(advanced)". Now the node will accept json (anything you like that complies with NIP-01). You can use this to query Notes (Kind 1) as above, and also Profiles (Kind 0), Follow Lists (Kind 3), Reactions (Kind 7), Zaps (Kind 9734/9735), and anything else you can think of.
Creating and adding workflows
With n8n and Nostrobots installed, you can now create or add any kind of Nostr Workflow Automation.
- Click "Add workflow" to go to the workflow builder screen,
- If you would like to build your own workflow, you can start with adding any node. Click "+" and see what is available. Type "Nostr" to explore the Nostrobots nodes you have added,
- If you would like to add workflows that someone else has built, click "..." in the top right. Then click "import from URL" and paste in the URL of any workflow you would like to use (including the ones I share later in this article).
Nostr Workflow Automations
It's time to build some things!
A simple form to post a note to Nostr
I started very simply. I needed to delegate the ability to post to Npubs that I own in order that a (future) team can test things for me. I don't want to worry about managing or training those people on how to use keys, and I want to revoke access easily.
I needed a basic form with credentials that posted a Note.
For this I can use a very simple workflow–
- A n8n Form node – Creates a form for users to enter the note they wish to post. Allows for the form to be protected by a username and password. This node is the workflow "trigger" so that the workflow runs each time the form is submitted.
- A Set node – Allows me to set some variables, in this case I set the relays that I intend to use. I typically add a Set node immediately following the trigger node, and put all the variables I need in this. It helps to make the workflows easier to update and maintain.
- A Nostr Write node (from Nostrobots) – Writes a Kind-1 note to the Nostr network. It accepts Nostr credentials, the output of the Form node, and the relays from the Set node, and posts the Note to those relays.
Once the workflow is built, you can test it with the testing form URL, and set it to "Active" to use the production form URL. That's it. You can now give posting access to anyone for any Npub. To revoke access, simply change the credentials or set to workflow to "Inactive".
It may also be the world's simplest Nostr client.
You can find the Nostr Form to Post a Note workflow here.
Push notifications on mentions and new notes
One of the things Nostr is not very good at is push notifications. Furthermore I have some unique itches to scratch. I want–
- To make sure I never miss a note addressed to any of my Npubs – For this I want a push notification any time any Nostr user mentions any of my Npubs,
- To make sure I always see all notes from key accounts – For this I need a push notification any time any of my Npubs post any Notes to the network,
- To get these notifications on all of my devices – Not just my phone where my Nostr regular client lives, but also on each of my laptops to suit wherever I am working that day.
I needed to build a Nostr push notifications solution.
To build this workflow I had to string a few ideas together–
- Triggering the node on a schedule – Nostrobots does not include a trigger node. As every workflow starts with a trigger we needed a different method. I elected to run the workflow on a schedule of every 10-minutes. Frequent enough to see Notes while they are hot, but infrequent enough to not burden public relays or get rate-limited,
- Storing a list of Npubs in a Nostr list – I needed a way to store the list of Npubs that trigger my notifications. I initially used an array defined in the workflow, this worked fine. Then I decided to try Nostr lists (NIP-51, kind 30000). By defining my list of Npubs as a list published to Nostr I can control my list from within a Nostr client (e.g. Listr.lol or Nostrudel.ninja). Not only does this "just work", but because it's based on Nostr lists automagically Amethyst client allows me to browse that list as a Feed, and everyone I add gets notified in their Mentions,
- Using specific relays – I needed to query the right relays, including my own HAVEN relay inbox for notes addressed to me, and wss://purplepag.es for Nostr profile metadata,
- Querying Nostr events (with Nostrobots) – I needed to make use of many different Nostr queries and use quite a wide range of what Nostrobots can do–
- I read the EventID of my Kind 30000 list, to return the desired pubkeys,
- For notifications on mentions, I read all Kind 1 notes that mention that pubkey,
- For notifications on new notes, I read all Kind 1 notes published by that pubkey,
- Where there are notes, I read the Kind 0 profile metadata event of that pubkey to get the displayName of the relevant Npub,
- I transform the EventID into a Nevent to help clients find it.
- Using the Nostr URI – As I did with my NFC card article, I created a link with the
nostr:
URI prefix so that my phone's native client opens the link by default, - Push notifications solution – I needed a push notifications solution. I found many with n8n integrations and chose to go with Pushover which supports all my devices, has a free trial, and is unfairly cheap with a $5-per-device perpetual license.
Once the workflow was built, lists published, and Pushover installed on my phone, I was fully set up with push notifications on Nostr. I have used these workflows for several weeks now and made various tweaks as I went. They are feeling robust and I'd welcome you to give them a go.
You can find the Nostr Push Notification If Mentioned here and If Posts a Note here.
In speaking with other Nostr users while I was building this, there are all kind of other needs for push notifications too – like on replies to a certain bookmarked note, or when a followed Npub starts streaming on zap.stream. These are all possible.
Use my workflows
I have open sourced all my workflows at my Github with MIT license and tried to write complete docs, so that you can import them into your n8n and configure them for your own use.
To import any of my workflows–
- Click on the workflow of your choice, e.g. "Nostr_Push_Notify_If_Mentioned.json",
- Click on the "raw" button to view the raw JSON, ex any Github page layout,
- Copy that URL,
- Enter that URL in the "import from URL" dialog mentioned above.
To configure them–
- Prerequisites, credentials, and variables are all stated,
- In general any variables required are entered into a Set Node that follows the trigger node,
- Pushover has some extra setup but is very straightforward and documented in the workflow.
What next?
Over my first four blogs I explored creating a good Nostr setup with Vanity Npub, Lightning Payments, Nostr Addresses at Your Domain, and Personal Nostr Relay.
Then in my latest two blogs I explored different types of interoperability with NFC cards and now n8n Workflow Automation.
Thinking ahead n8n can power any kind of interoperability between Nostr and any other legacy technology solution. On my mind as I write this:
- Further enhancements to posting and delegating solutions and forms (enhanced UI or different note kinds),
- Automated or scheduled posting (such as auto-liking everything Lyn Alden posts),
- Further enhancements to push notifications, on new and different types of events (such as notifying me when I get a new follower, on replies to certain posts, or when a user starts streaming),
- All kinds of bridges, such as bridging notes to and from Telegram, Slack, or Campfire. Or bridging RSS or other event feeds to Nostr,
- All kinds of other automation (such as BlackCoffee controlling a coffee machine),
- All kinds of AI Assistants and Agents,
In fact I have already released an open source workflow for an AI Assistant, and will share more about that in my next blog.
Please be sure to let me know if you think there's another Nostr topic you'd like to see me tackle.
GM Nostr.
-
@ f0c7506b:9ead75b8
2024-12-08 09:05:13Yalnızca güçlü olanların hakkıdır yaşamak.
Güçlü olan ileri gider ve saflar seyrekleşir. Ama üç beş büyük, güçlü ve tanrısal kişi güneşli ve aydınlık gözleriyle o yeni, o vaat edilmiş ülkeye ulaşacaktır. Belki binlerce yıl sonra ancak. Ve güçlü, adaleli, hükmetmek için yaratılmış elleriyle hastaların, zayıfların ve sakatların ölüleri üzerinde bir krallık kuracaklardır. Bir krallık!
Benim aradığım insanların kendileri değil, sesleridir.
Duyguları körelmiş, çeşitli düşüncelere saplanmış kalabalık hiçbir zaman ilerlemenin taşıyıcısı olamaz, kendi küçüklüğünün o küflü içgüdüsüyle kalabalığın kin ve nefretle baktığı bir kişi, bir büyük kişi, iradesinin gösterdiği yolda kimsenin gözünün yaşına bakmaksızın ilahi bir güç ve bir zafer gülümsemesiyle yürüyebilir ancak.
Bizim soyumuz da sonsuz oluşum piramidinin doruk noktasını oluşturmaktan uzaktır. Bizler de mükemmelliğe ulaşmış değiliz. Bizler de henüz olgunlaşmadık.
Şairler sevgiye övgüler döşenir; doğrusu sevginin güçlü bir şey olduğu kesin. Hüneşin bir ışınıdır sevgi, aydınlatıp nurlandırır insanı der bazıları; bazıları da insanı esrikliğe sürükleyen bir zehri kendisinde barındırdığını söyler. Gerçekten de yol açtığı sonuçlar, bir hekimin ağır bir ameliyattan önce korkudan titreyen hastaya teneffüs ettirdiği güldürücü gazınkine benzer, içinde tepinip duran acıyı unutturur hastaya.
Önemli olan, hayatta hiç değilse bir kez kutsal bir ilkbaharın yaşanmasıdır; öyle bir bahar ki, insanın gönlünü ilerideki bütün günleri altın yaldızla kaplamaya yetecek kadar ışık ve parıltıyla doldursun.
Şu hayat denen şey kötü bir işçiliğin ürünü, acemilere göre bir şey. Bu kepaze yaşam uğruna insan nelere katlanmıyor ki!
Kendisine sadakatten ayrılmadığı, yalnızca kendisinin olan bir tek bu var: Yalnızlığı.
Sahildeki üstü tenteli hasır koltuklar arkasındaki yüksek, sessiz kum tepeleri içinde yürürsen, tenteler altındaki insanları göremezsin; ama birinin bir diğerine seslendiğini, bir başkasının gevezelik ettiğini, bir ötekinin güldüğünü işitir ve anlarsın hemen: bu insan şöyle şöyle biridir diyebilirsin. Onun hayatı sevdiğini, bağrında büyük bir özlem ya da acı barındırdığını, bu acının da sesini ağlamaklı kıldığını her gülüşünde hissedersin.
-
@ e31e84c4:77bbabc0
2024-12-02 10:44:07Bitcoin and Fixed Income was Written By Wyatt O’Rourke. If you enjoyed this article then support his writing, directly, by donating to his lightning wallet: ultrahusky3@primal.net
Fiduciary duty is the obligation to act in the client’s best interests at all times, prioritizing their needs above the advisor’s own, ensuring honesty, transparency, and avoiding conflicts of interest in all recommendations and actions.
This is something all advisors in the BFAN take very seriously; after all, we are legally required to do so. For the average advisor this is a fairly easy box to check. All you essentially have to do is have someone take a 5-minute risk assessment, fill out an investment policy statement, and then throw them in the proverbial 60/40 portfolio. You have thousands of investment options to choose from and you can reasonably explain how your client is theoretically insulated from any move in the \~markets\~. From the traditional financial advisor perspective, you could justify nearly anything by putting a client into this type of portfolio. All your bases were pretty much covered from return profile, regulatory, compliance, investment options, etc. It was just too easy. It became the household standard and now a meme.
As almost every real bitcoiner knows, the 60/40 portfolio is moving into psyop territory, and many financial advisors get clowned on for defending this relic on bitcoin twitter. I’m going to specifically poke fun at the ‘40’ part of this portfolio.
The ‘40’ represents fixed income, defined as…
An investment type that provides regular, set interest payments, such as bonds or treasury securities, and returns the principal at maturity. It’s generally considered a lower-risk asset class, used to generate stable income and preserve capital.
Historically, this part of the portfolio was meant to weather the volatility in the equity markets and represent the “safe” investments. Typically, some sort of bond.
First and foremost, the fixed income section is most commonly constructed with U.S. Debt. There are a couple main reasons for this. Most financial professionals believe the same fairy tale that U.S. Debt is “risk free” (lol). U.S. debt is also one of the largest and most liquid assets in the market which comes with a lot of benefits.
There are many brilliant bitcoiners in finance and economics that have sounded the alarm on the U.S. debt ticking time bomb. I highly recommend readers explore the work of Greg Foss, Lawrence Lepard, Lyn Alden, and Saifedean Ammous. My very high-level recap of their analysis:
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A bond is a contract in which Party A (the borrower) agrees to repay Party B (the lender) their principal plus interest over time.
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The U.S. government issues bonds (Treasury securities) to finance its operations after tax revenues have been exhausted.
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These are traditionally viewed as “risk-free” due to the government’s historical reliability in repaying its debts and the strength of the U.S. economy
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U.S. bonds are seen as safe because the government has control over the dollar (world reserve asset) and, until recently (20 some odd years), enjoyed broad confidence that it would always honor its debts.
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This perception has contributed to high global demand for U.S. debt but, that is quickly deteriorating.
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The current debt situation raises concerns about sustainability.
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The U.S. has substantial obligations, and without sufficient productivity growth, increasing debt may lead to a cycle where borrowing to cover interest leads to more debt.
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This could result in more reliance on money creation (printing), which can drive inflation and further debt burdens.
In the words of Lyn Alden “Nothing stops this train”
Those obligations are what makes up the 40% of most the fixed income in your portfolio. So essentially you are giving money to one of the worst capital allocators in the world (U.S. Gov’t) and getting paid back with printed money.
As someone who takes their fiduciary responsibility seriously and understands the debt situation we just reviewed, I think it’s borderline negligent to put someone into a classic 60% (equities) / 40% (fixed income) portfolio without serious scrutiny of the client’s financial situation and options available to them. I certainly have my qualms with equities at times, but overall, they are more palatable than the fixed income portion of the portfolio. I don’t like it either, but the money is broken and the unit of account for nearly every equity or fixed income instrument (USD) is fraudulent. It’s a paper mache fade that is quite literally propped up by the money printer.
To briefly be as most charitable as I can – It wasn’t always this way. The U.S. Dollar used to be sound money, we used to have government surplus instead of mathematically certain deficits, The U.S. Federal Government didn’t used to have a money printing addiction, and pre-bitcoin the 60/40 portfolio used to be a quality portfolio management strategy. Those times are gone.
Now the fun part. How does bitcoin fix this?
Bitcoin fixes this indirectly. Understanding investment criteria changes via risk tolerance, age, goals, etc. A client may still have a need for “fixed income” in the most literal definition – Low risk yield. Now you may be thinking that yield is a bad word in bitcoin land, you’re not wrong, so stay with me. Perpetual motion machine crypto yield is fake and largely where many crypto scams originate. However, that doesn’t mean yield in the classic finance sense does not exist in bitcoin, it very literally does. Fortunately for us bitcoiners there are many other smart, driven, and enterprising bitcoiners that understand this problem and are doing something to address it. These individuals are pioneering new possibilities in bitcoin and finance, specifically when it comes to fixed income.
Here are some new developments –
Private Credit Funds – The Build Asset Management Secured Income Fund I is a private credit fund created by Build Asset Management. This fund primarily invests in bitcoin-backed, collateralized business loans originated by Unchained, with a secured structure involving a multi-signature, over-collateralized setup for risk management. Unchained originates loans and sells them to Build, which pools them into the fund, enabling investors to share in the interest income.
Dynamics
- Loan Terms: Unchained issues loans at interest rates around 14%, secured with a 2/3 multi-signature vault backed by a 40% loan-to-value (LTV) ratio.
- Fund Mechanics: Build buys these loans from Unchained, thus providing liquidity to Unchained for further loan originations, while Build manages interest payments to investors in the fund.
Pros
- The fund offers a unique way to earn income via bitcoin-collateralized debt, with protection against rehypothecation and strong security measures, making it attractive for investors seeking exposure to fixed income with bitcoin.
Cons
- The fund is only available to accredited investors, which is a regulatory standard for private credit funds like this.
Corporate Bonds – MicroStrategy Inc. (MSTR), a business intelligence company, has leveraged its corporate structure to issue bonds specifically to acquire bitcoin as a reserve asset. This approach allows investors to indirectly gain exposure to bitcoin’s potential upside while receiving interest payments on their bond investments. Some other publicly traded companies have also adopted this strategy, but for the sake of this article we will focus on MSTR as they are the biggest and most vocal issuer.
Dynamics
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Issuance: MicroStrategy has issued senior secured notes in multiple offerings, with terms allowing the company to use the proceeds to purchase bitcoin.
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Interest Rates: The bonds typically carry high-yield interest rates, averaging around 6-8% APR, depending on the specific issuance and market conditions at the time of issuance.
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Maturity: The bonds have varying maturities, with most structured for multi-year terms, offering investors medium-term exposure to bitcoin’s value trajectory through MicroStrategy’s holdings.
Pros
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Indirect Bitcoin exposure with income provides a unique opportunity for investors seeking income from bitcoin-backed debt.
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Bonds issued by MicroStrategy offer relatively high interest rates, appealing for fixed-income investors attracted to the higher risk/reward scenarios.
Cons
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There are credit risks tied to MicroStrategy’s financial health and bitcoin’s performance. A significant drop in bitcoin prices could strain the company’s ability to service debt, increasing credit risk.
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Availability: These bonds are primarily accessible to institutional investors and accredited investors, limiting availability for retail investors.
Interest Payable in Bitcoin – River has introduced an innovative product, bitcoin Interest on Cash, allowing clients to earn interest on their U.S. dollar deposits, with the interest paid in bitcoin.
Dynamics
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Interest Payment: Clients earn an annual interest rate of 3.8% on their cash deposits. The accrued interest is converted to Bitcoin daily and paid out monthly, enabling clients to accumulate Bitcoin over time.
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Security and Accessibility: Cash deposits are insured up to $250,000 through River’s banking partner, Lead Bank, a member of the FDIC. All Bitcoin holdings are maintained in full reserve custody, ensuring that client assets are not lent or leveraged.
Pros
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There are no hidden fees or minimum balance requirements, and clients can withdraw their cash at any time.
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The 3.8% interest rate provides a predictable income stream, akin to traditional fixed-income investments.
Cons
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While the interest rate is fixed, the value of the Bitcoin received as interest can fluctuate, introducing potential variability in the investment’s overall return.
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Interest rate payments are on the lower side
Admittedly, this is a very small list, however, these types of investments are growing more numerous and meaningful. The reality is the existing options aren’t numerous enough to service every client that has a need for fixed income exposure. I challenge advisors to explore innovative options for fixed income exposure outside of sovereign debt, as that is most certainly a road to nowhere. It is my wholehearted belief and call to action that we need more options to help clients across the risk and capital allocation spectrum access a sound money standard.
Additional Resources
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River: The future of saving is here: Earn 3.8% on cash. Paid in Bitcoin.
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MicroStrategy: MicroStrategy Announces Pricing of Offering of Convertible Senior Notes
Bitcoin and Fixed Income was Written By Wyatt O’Rourke. If you enjoyed this article then support his writing, directly, by donating to his lightning wallet: ultrahusky3@primal.net
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@ 0e9491aa:ef2adadf
2025-05-24 06:01:20The newly proposed RESTRICT ACT - is being advertised as a TikTok Ban, but is much broader than that, carries a $1M Fine and up to 20 years in prison️! It is unconstitutional and would create massive legal restrictions on the open source movement and free speech throughout the internet.
The Bill was proposed by: Senator Warner, Senator Thune, Senator Baldwin, Senator Fischer, Senator Manchin, Senator Moran, Senator Bennet, Senator Sullivan, Senator Gillibrand, Senator Collins, Senator Heinrich, and Senator Romney. It has broad support across Senators of both parties.
Corrupt politicians will not protect us. They are part of the problem. We must build, support, and learn how to use censorship resistant tools in order to defend our natural rights.
The RESTRICT Act, introduced by Senators Warner and Thune, aims to block or disrupt transactions and financial holdings involving foreign adversaries that pose risks to national security. Although the primary targets of this legislation are companies like Tik-Tok, the language of the bill could potentially be used to block or disrupt cryptocurrency transactions and, in extreme cases, block Americans’ access to open source tools or protocols like Bitcoin.
The Act creates a redundant regime paralleling OFAC without clear justification, it significantly limits the ability for injured parties to challenge actions raising due process concerns, and unlike OFAC it lacks any carve-out for protected speech. COINCENTER ON THE RESTRICT ACT
If you found this post helpful support my work with bitcoin.
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@ 57d1a264:69f1fee1
2025-05-20 06:15:51Deliberate (?) trade-offs we make for the sake of output speed.
... By sacrificing depth in my learning, I can produce substantially more work. I’m unsure if I’m at the correct balance between output quantity and depth of learning. This uncertainty is mainly fueled by a sense of urgency due to rapidly improving AI models. I don’t have time to learn everything deeply. I love learning, but given current trends, I want to maximize immediate output. I’m sacrificing some learning in classes for more time doing outside work. From a teacher’s perspective, this is obviously bad, but from my subjective standpoint, it’s unclear.
Finding the balance between learning and productivity. By trade, one cannot be productive in specific areas without first acquire the knowledge to define the processes needed to deliver. Designing the process often come on a try and fail dynamic that force us to learn from previous mistakes.
I found this little journal story fun but also little sad. Vincent's realization, one of us trading his learnings to be more productive, asking what is productivity without quality assurance?
Inevitably, parts of my brain will degenerate and fade away, so I need to consciously decide what I want to preserve or my entire brain will be gone. What skills am I NOT okay with offloading? What do I want to do myself?
Read Vincent's journal https://vvvincent.me/llms-are-making-me-dumber/
https://stacker.news/items/984361
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@ dfa02707:41ca50e3
2025-05-24 06:01:00Contribute to keep No Bullshit Bitcoin news going.
- The latest firmware updates for COLDCARD devices introduce two major features: COLDCARD Co-sign (CCC) and Key Teleport between two COLDCARD Q devices using QR codes and/or NFC with a website.
What's new
- COLDCARD Co-Sign: When CCC is enabled, a second seed called the Spending Policy Key (Key C) is added to the device. This seed works with the device's Main Seed and one or more additional XPUBs (Backup Keys) to form 2-of-N multisig wallets.
- The spending policy functions like a hardware security module (HSM), enforcing rules such as magnitude and velocity limits, address whitelisting, and 2FA authentication to protect funds while maintaining flexibility and control, and is enforced each time the Spending Policy Key is used for signing.
- When spending conditions are met, the COLDCARD signs the partially signed bitcoin transaction (PSBT) with the Main Seed and Spending Policy Key for fund access. Once configured, the Spending Policy Key is required to view or change the policy, and violations are denied without explanation.
"You can override the spending policy at any time by signing with either a Backup Key and the Main Seed or two Backup Keys, depending on the number of keys (N) in the multisig."
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A step-by-step guide for setting up CCC is available here.
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Key Teleport for Q devices allows users to securely transfer sensitive data such as seed phrases (words, xprv), secure notes and passwords, and PSBTs for multisig. It uses QR codes or NFC, along with a helper website, to ensure reliable transmission, keeping your sensitive data protected throughout the process.
- For more technical details, see the protocol spec.
"After you sign a multisig PSBT, you have option to “Key Teleport” the PSBT file to any one of the other signers in the wallet. We already have a shared pubkey with them, so the process is simple and does not require any action on their part in advance. Plus, starting in this firmware release, COLDCARD can finalize multisig transactions, so the last signer can publish the signed transaction via PushTX (NFC tap) to get it on the blockchain directly."
- Multisig transactions are finalized when sufficiently signed. It streamlines the use of PushTX with multisig wallets.
- Signing artifacts re-export to various media. Users are now provided with the capability to export signing products, like transactions or PSBTs, to alternative media rather than the original source. For example, if a PSBT is received through a QR code, it can be signed and saved onto an SD card if needed.
- Multisig export files are signed now. Public keys are encoded as P2PKH address for all multisg signature exports. Learn more about it here.
- NFC export usability upgrade: NFC keeps exporting until CANCEL/X is pressed.
- Added Bitcoin Safe option to Export Wallet.
- 10% performance improvement in USB upload speed for large files.
- Q: Always choose the biggest possible display size for QR.
Fixes
- Do not allow change Main PIN to same value already used as Trick PIN, even if Trick PIN is hidden.
- Fix stuck progress bar under
Receiving...
after a USB communications failure. - Showing derivation path in Address Explorer for root key (m) showed double slash (//).
- Can restore developer backup with custom password other than 12 words format.
- Virtual Disk auto mode ignores already signed PSBTs (with “-signed” in file name).
- Virtual Disk auto mode stuck on “Reading…” screen sometimes.
- Finalization of foreign inputs from partial signatures. Thanks Christian Uebber!
- Temporary seed from COLDCARD backup failed to load stored multisig wallets.
Destroy Seed
also removes all Trick PINs from SE2.Lock Down Seed
requires pressing confirm key (4) to execute.- Q only: Only BBQr is allowed to export Coldcard, Core, and pretty descriptor.
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@ 57d1a264:69f1fee1
2025-05-20 06:02:26Digital Psychology ↗
Wall of impact website showcase a collection of success metrics and micro case studies to create a clear, impactful visual of your brand's achievements. It also displays a Wall of love with an abundance of testimonials in one place, letting the sheer volume highlight your brand's popularity and customer satisfaction.
And like these, many others collections like Testimonial mashup that combine multiple testimonials into a fast-paced, engaging reel that highlights key moments of impact in an attention-grabbing format.
Awards and certifications of websites highlighting third-party ratings and verification to signal trust and quality through industry-recognized achievements and standards.
View them all at https://socialproofexamples.com/
https://stacker.news/items/984357
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@ 3f770d65:7a745b24
2025-05-19 18:09:52🏌️ Monday, May 26 – Bitcoin Golf Championship & Kickoff Party
Location: Las Vegas, Nevada\ Event: 2nd Annual Bitcoin Golf Championship & Kick Off Party"\ Where: Bali Hai Golf Clubhouse, 5160 S Las Vegas Blvd, Las Vegas, NV 89119\ 🎟️ Get Tickets!
Details:
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The week tees off in style with the Bitcoin Golf Championship. Swing clubs by day and swing to music by night.
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Live performances from Nostr-powered acts courtesy of Tunestr, including Ainsley Costello and others.
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Stop by the Purple Pill Booth hosted by Derek and Tanja, who will be on-boarding golfers and attendees to the decentralized social future with Nostr.
💬 May 27–29 – Bitcoin 2025 Conference at the Las Vegas Convention Center
Location: The Venetian Resort\ Main Attraction for Nostr Fans: The Nostr Lounge\ When: All day, Tuesday through Thursday\ Where: Right outside the Open Source Stage\ 🎟️ Get Tickets!
Come chill at the Nostr Lounge, your home base for all things decentralized social. With seating for \~50, comfy couches, high-tops, and good vibes, it’s the perfect space to meet developers, community leaders, and curious newcomers building the future of censorship-resistant communication.
Bonus: Right across the aisle, you’ll find Shopstr, a decentralized marketplace app built on Nostr. Stop by their booth to explore how peer-to-peer commerce works in a truly open ecosystem.
Daily Highlights at the Lounge:
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☕️ Hang out casually or sit down for a deeper conversation about the Nostr protocol
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🔧 1:1 demos from app teams
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🛍️ Merch available onsite
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🧠 Impromptu lightning talks
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🎤 Scheduled Meetups (details below)
🎯 Nostr Lounge Meetups
Wednesday, May 28 @ 1:00 PM
- Damus Meetup: Come meet the team behind Damus, the OG Nostr app for iOS that helped kickstart the social revolution. They'll also be showcasing their new cross-platform app, Notedeck, designed for a more unified Nostr experience across devices. Grab some merch, get a demo, and connect directly with the developers.
Thursday, May 29 @ 1:00 PM
- Primal Meetup: Dive into Primal, the slickest Nostr experience available on web, Android, and iOS. With a built-in wallet, zapping your favorite creators and friends has never been easier. The team will be on-site for hands-on demos, Q\&A, merch giveaways, and deeper discussions on building the social layer of Bitcoin.
🎙️ Nostr Talks at Bitcoin 2025
If you want to hear from the minds building decentralized social, make sure you attend these two official conference sessions:
1. FROSTR Workshop: Multisig Nostr Signing
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🕚 Time: 11:30 AM – 12:00 PM
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📅 Date: Wednesday, May 28
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📍 Location: Developer Zone
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🎤 Speaker: nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqs9etjgzjglwlaxdhsveq0qksxyh6xpdpn8ajh69ruetrug957r3qf4ggfm (Austin Kelsay) @ Voltage\ A deep-dive into FROST-based multisig key management for Nostr. Geared toward devs and power users interested in key security.
2. Panel: Decentralizing Social Media
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🕑 Time: 2:00 PM – 2:30 PM
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📅 Date: Thursday, May 29
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📍 Location: Genesis Stage
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🎙️ Moderator: nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqy08wumn8ghj7mn0wd68yttjv4kxz7fwv3jhyettwfhhxuewd4jsqgxnqajr23msx5malhhcz8paa2t0r70gfjpyncsqx56ztyj2nyyvlq00heps - Bitcoin Strategy @ Roxom TV
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👥 Speakers:
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nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqsy2ga7trfetvd3j65m3jptqw9k39wtq2mg85xz2w542p5dhg06e5qmhlpep – Early Bitcoin dev, CEO @ Sirius Business Ltd
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nostr:nprofile1qy2hwumn8ghj7mn0wd68ytndv9kxjm3wdahxcqg5waehxw309ahx7um5wfekzarkvyhxuet5qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncdhu7e3 – Analyst & Partner @ Ego Death Capital
Get the big-picture perspective on why decentralized social matters and how Nostr fits into the future of digital communication.
🌃 NOS VEGAS Meetup & Afterparty
Date: Wednesday, May 28\ Time: 7:00 PM – 1:00 AM\ Location: We All Scream Nightclub, 517 Fremont St., Las Vegas, NV 89101\ 🎟️ Get Tickets!
What to Expect:
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🎶 Live Music Stage – Featuring Ainsley Costello, Sara Jade, Able James, Martin Groom, Bobby Shell, Jessie Lark, and other V4V artists
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🪩 DJ Party Deck – With sets by nostr:nprofile1qy0hwumn8ghj7cmgdae82uewd45kketyd9kxwetj9e3k7mf6xs6rgqgcwaehxw309ahx7um5wgh85mm694ek2unk9ehhyecqyq7hpmq75krx2zsywntgtpz5yzwjyg2c7sreardcqmcp0m67xrnkwylzzk4 , nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgkwaehxw309anx2etywvhxummnw3ezucnpdejqqg967faye3x6fxgnul77ej23l5aew8yj0x2e4a3tq2mkrgzrcvecfsk8xlu3 , and more DJs throwing down
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🛰️ Live-streamed via Tunestr
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🧠 Nostr Education – Talks by nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq37amnwvaz7tmwdaehgu3dwfjkccte9ejx2un9ddex7umn9ekk2tcqyqlhwrt96wnkf2w9edgr4cfruchvwkv26q6asdhz4qg08pm6w3djg3c8m4j , nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg7waehxw309anx2etywvhxummnw3ezucnpdejz7ur0wp6kcctjqqspywh6ulgc0w3k6mwum97m7jkvtxh0lcjr77p9jtlc7f0d27wlxpslwvhau , nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3vamnwvaz7tmwdaehgu3wd33xgetk9en82m30qqsgqke57uygxl0m8elstq26c4mq2erz3dvdtgxwswwvhdh0xcs04sc4u9p7d , nostr:nprofile1q9z8wumn8ghj7erzx3jkvmmzw4eny6tvw368wdt8da4kxamrdvek76mrwg6rwdngw94k67t3v36k77tev3kx7vn2xa5kjem9dp4hjepwd3hkxctvqyg8wumn8ghj7mn0wd68ytnhd9hx2qpqyaul8k059377u9lsu67de7y637w4jtgeuwcmh5n7788l6xnlnrgssuy4zk , nostr:nprofile1qy28wue69uhnzvpwxqhrqt33xgmn5dfsx5cqz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyqqswavgevxe9gs43vwylumr7h656mu9vxmw4j6qkafc3nefphzpph8ssvcgf8 , and more.
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🧾 Vendors & Project Booths – Explore new tools and services
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🔐 Onboarding Stations – Learn how to use Nostr hands-on
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🐦 Nostrich Flocking – Meet your favorite nyms IRL
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🍸 Three Full Bars – Two floors of socializing overlooking vibrant Fremont Street
| | | | | ----------- | -------------------- | ------------------- | | Time | Name | Topic | | 7:30-7:50 | Derek | Nostr for Beginners | | 8:00-8:20 | Mark & Paul | Primal | | 8:30-8:50 | Terry | Damus | | 9:00-9:20 | OpenMike and Ainsley | V4V | | 09:30-09:50 | The Space | Space |
This is the after-party of the year for those who love freedom technology and decentralized social community. Don’t miss it.
Final Thoughts
Whether you're there to learn, network, party, or build, Bitcoin 2025 in Las Vegas has a packed week of Nostr-friendly programming. Be sure to catch all the events, visit the Nostr Lounge, and experience the growing decentralized social revolution.
🟣 Find us. Flock with us. Purple pill someone.
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@ 3bf0c63f:aefa459d
2024-09-06 12:49:46Nostr: a quick introduction, attempt #2
Nostr doesn't subscribe to any ideals of "free speech" as these belong to the realm of politics and assume a big powerful government that enforces a common ruleupon everybody else.
Nostr instead is much simpler, it simply says that servers are private property and establishes a generalized framework for people to connect to all these servers, creating a true free market in the process. In other words, Nostr is the public road that each market participant can use to build their own store or visit others and use their services.
(Of course a road is never truly public, in normal cases it's ran by the government, in this case it relies upon the previous existence of the internet with all its quirks and chaos plus a hand of government control, but none of that matters for this explanation).
More concretely speaking, Nostr is just a set of definitions of the formats of the data that can be passed between participants and their expected order, i.e. messages between clients (i.e. the program that runs on a user computer) and relays (i.e. the program that runs on a publicly accessible computer, a "server", generally with a domain-name associated) over a type of TCP connection (WebSocket) with cryptographic signatures. This is what is called a "protocol" in this context, and upon that simple base multiple kinds of sub-protocols can be added, like a protocol for "public-square style microblogging", "semi-closed group chat" or, I don't know, "recipe sharing and feedback".
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@ 3bf0c63f:aefa459d
2024-05-21 12:38:08Bitcoin transactions explained
A transaction is a piece of data that takes inputs and produces outputs. Forget about the blockchain thing, Bitcoin is actually just a big tree of transactions. The blockchain is just a way to keep transactions ordered.
Imagine you have 10 satoshis. That means you have them in an unspent transaction output (UTXO). You want to spend them, so you create a transaction. The transaction should reference unspent outputs as its inputs. Every transaction has an immutable id, so you use that id plus the index of the output (because transactions can have multiple outputs). Then you specify a script that unlocks that transaction and related signatures, then you specify outputs along with a script that locks these outputs.
As you can see, there's this lock/unlocking thing and there are inputs and outputs. Inputs must be unlocked by fulfilling the conditions specified by the person who created the transaction they're in. And outputs must be locked so anyone wanting to spend those outputs will need to unlock them.
For most of the cases locking and unlocking means specifying a public key whose controller (the person who has the corresponding private key) will be able to spend. Other fancy things are possible too, but we can ignore them for now.
Back to the 10 satoshis you want to spend. Since you've successfully referenced 10 satoshis and unlocked them, now you can specify the outputs (this is all done in a single step). You can specify one output of 10 satoshis, two of 5, one of 3 and one of 7, three of 3 and so on. The sum of outputs can't be more than 10. And if the sum of outputs is less than 10 the difference goes to fees. In the first days of Bitcoin you didn't need any fees, but now you do, otherwise your transaction won't be included in any block.
If you're still interested in transactions maybe you could take a look at this small chapter of that Andreas Antonopoulos book.
If you hate Andreas Antonopoulos because he is a communist shitcoiner or don't want to read more than half a page, go here: https://en.bitcoin.it/wiki/Coin_analogy
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@ 3bf0c63f:aefa459d
2024-03-23 08:57:08Nostr is not decentralized nor censorship-resistant
Peter Todd has been saying this for a long time and all the time I've been thinking he is misunderstanding everything, but I guess a more charitable interpretation is that he is right.
Nostr today is indeed centralized.
Yesterday I published two harmless notes with the exact same content at the same time. In two minutes the notes had a noticeable difference in responses:
The top one was published to
wss://nostr.wine
,wss://nos.lol
,wss://pyramid.fiatjaf.com
. The second was published to the relay where I generally publish all my notes to,wss://pyramid.fiatjaf.com
, and that is announced on my NIP-05 file and on my NIP-65 relay list.A few minutes later I published that screenshot again in two identical notes to the same sets of relays, asking if people understood the implications. The difference in quantity of responses can still be seen today:
These results are skewed now by the fact that the two notes got rebroadcasted to multiple relays after some time, but the fundamental point remains.
What happened was that a huge lot more of people saw the first note compared to the second, and if Nostr was really censorship-resistant that shouldn't have happened at all.
Some people implied in the comments, with an air of obviousness, that publishing the note to "more relays" should have predictably resulted in more replies, which, again, shouldn't be the case if Nostr is really censorship-resistant.
What happens is that most people who engaged with the note are following me, in the sense that they have instructed their clients to fetch my notes on their behalf and present them in the UI, and clients are failing to do that despite me making it clear in multiple ways that my notes are to be found on
wss://pyramid.fiatjaf.com
.If we were talking not about me, but about some public figure that was being censored by the State and got banned (or shadowbanned) by the 3 biggest public relays, the sad reality would be that the person would immediately get his reach reduced to ~10% of what they had before. This is not at all unlike what happened to dozens of personalities that were banned from the corporate social media platforms and then moved to other platforms -- how many of their original followers switched to these other platforms? Probably some small percentage close to 10%. In that sense Nostr today is similar to what we had before.
Peter Todd is right that if the way Nostr works is that you just subscribe to a small set of relays and expect to get everything from them then it tends to get very centralized very fast, and this is the reality today.
Peter Todd is wrong that Nostr is inherently centralized or that it needs a protocol change to become what it has always purported to be. He is in fact wrong today, because what is written above is not valid for all clients of today, and if we drive in the right direction we can successfully make Peter Todd be more and more wrong as time passes, instead of the contrary.
See also:
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@ f6488c62:c929299d
2025-05-24 05:10:20คุณเคยจินตนาการถึงอนาคตที่ AI มีความฉลาดเทียบเท่ามนุษย์หรือไม่? นี่คือสิ่งที่ Sam Altman ซีอีโอของ OpenAI และทีมพันธมิตรอย่าง SoftBank, Oracle และ MGX กำลังผลักดันผ่าน โครงการ Stargate! โครงการนี้ไม่ใช่แค่เรื่องเทคโนโลยี แต่เป็นก้าวกระโดดครั้งใหญ่ของมนุษยชาติ! Stargate คืออะไร? Stargate เป็นโปรเจกต์สร้าง ศูนย์ข้อมูล AI ขนาดยักษ์ที่ใหญ่ที่สุดในประวัติศาสตร์ ด้วยเงินลงทุนเริ่มต้น 100,000 ล้านดอลลาร์ และอาจสูงถึง 500,000 ล้านดอลลาร์ ภายในปี 2029! เป้าหมายคือการพัฒนา Artificial General Intelligence (AGI) หรือ AI ที่ฉลาดเทียบเท่ามนุษย์ เพื่อให้สหรัฐฯ ครองความเป็นผู้นำด้าน AI และแข่งขันกับคู่แข่งอย่างจีน โครงการนี้เริ่มต้นที่เมือง Abilene รัฐเท็กซัส โดยจะสร้างศูนย์ข้อมูล 10 แห่ง และขยายไปยังญี่ปุ่น สหราชอาณาจักร และสหรัฐอาหรับเอมิเรตส์ ทำไม Stargate ถึงสำคัญ?
นวัตกรรมเปลี่ยนโลก: AI จาก Stargate จะช่วยพัฒนาวัคซีน mRNA รักษามะเร็งได้ใน 48 ชั่วโมง และยกระดับอุตสาหกรรมต่าง ๆ เช่น การแพทย์และความมั่นคงแห่งชาติสร้างงาน: คาดว่าจะสร้างงานกว่า 100,000 ตำแหน่ง ในสหรัฐฯ
พลังงานมหาศาล: ศูนย์ข้อมูลอาจใช้พลังงานถึง 1.2 กิกะวัตต์ เทียบเท่ากับเมืองขนาดใหญ่!
ใครอยู่เบื้องหลัง? Sam Altman ร่วมมือกับ Masayoshi Son จาก SoftBank และได้รับการสนับสนุนจาก Donald Trump ซึ่งผลักดันนโยบายให้ Stargate เป็นจริง การก่อสร้างดำเนินการโดย Oracle และพันธมิตรด้านพลังงานอย่าง Crusoe Energy Systems ความท้าทาย? ถึงจะยิ่งใหญ่ แต่ Stargate ก็เจออุปสรรค ทั้งปัญหาการระดมทุน ความกังวลเรื่องภาษีนำเข้าชิป และการแข่งขันจากคู่แข่งอย่าง DeepSeek ที่ใช้โครงสร้างพื้นฐานน้อยกว่า แถม Elon Musk ยังออกมาวิจารณ์ว่าโครงการนี้อาจ “ไม่สมจริง” แต่ Altman มั่นใจและเชิญ Musk ไปดูไซต์งานที่เท็กซัสเลยทีเดียว! อนาคตของ Stargate ศูนย์ข้อมูลแห่งแรกจะเริ่มใช้งานในปี 2026 และอาจเปลี่ยนโฉมวงการ AI ไปตลอดกาล นี่คือก้าวสำคัญสู่ยุคใหม่ของเทคโนโลยีที่อาจเปลี่ยนวิถีชีวิตของเรา! และไม่ใช่ประตูดวงดาวแบบในหนังนะ! ถึงชื่อ Stargate จะได้แรงบันดาลใจจากภาพยนตร์ sci-fi อันโด่งดัง แต่โครงการนี้ไม่ได้พาเราไปยังดวงดาวอื่น มันคือการเปิดประตูสู่โลกแห่ง AI ที่ทรงพลัง และอาจเปลี่ยนอนาคตของมนุษยชาติไปเลย! และไม่เหมือน universechain ของ star ของผมนะครับ
Stargate #AI #SamAltman #OpenAI #อนาคตของเทคโนโลยี
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@ 3bf0c63f:aefa459d
2024-03-19 14:32:01Censorship-resistant relay discovery in Nostr
In Nostr is not decentralized nor censorship-resistant I said Nostr is centralized. Peter Todd thinks it is centralized by design, but I disagree.
Nostr wasn't designed to be centralized. The idea was always that clients would follow people in the relays they decided to publish to, even if it was a single-user relay hosted in an island in the middle of the Pacific ocean.
But the Nostr explanations never had any guidance about how to do this, and the protocol itself never had any enforcement mechanisms for any of this (because it would be impossible).
My original idea was that clients would use some undefined combination of relay hints in reply tags and the (now defunct)
kind:2
relay-recommendation events plus some form of manual action ("it looks like Bob is publishing on relay X, do you want to follow him there?") to accomplish this. With the expectation that we would have a better idea of how to properly implement all this with more experience, Branle, my first working client didn't have any of that implemented, instead it used a stupid static list of relays with read/write toggle -- although it did publish relay hints and kept track of those internally and supportedkind:2
events, these things were not really useful.Gossip was the first client to implement a truly censorship-resistant relay discovery mechanism that used NIP-05 hints (originally proposed by Mike Dilger) relay hints and
kind:3
relay lists, and then with the simple insight of NIP-65 that got much better. After seeing it in more concrete terms, it became simpler to reason about it and the approach got popularized as the "gossip model", then implemented in clients like Coracle and Snort.Today when people mention the "gossip model" (or "outbox model") they simply think about NIP-65 though. Which I think is ok, but too restrictive. I still think there is a place for the NIP-05 hints,
nprofile
andnevent
relay hints and specially relay hints in event tags. All these mechanisms are used together in ZBD Social, for example, but I believe also in the clients listed above.I don't think we should stop here, though. I think there are other ways, perhaps drastically different ways, to approach content propagation and relay discovery. I think manual action by users is underrated and could go a long way if presented in a nice UX (not conceived by people that think users are dumb animals), and who knows what. Reliance on third-parties, hardcoded values, social graph, and specially a mix of multiple approaches, is what Nostr needs to be censorship-resistant and what I hope to see in the future.
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@ 609f186c:0aa4e8af
2025-05-16 20:57:43Google says that Android 16 is slated to feature an optional high security mode. Cool.
Advanced Protection has a bunch of requested features that address the kinds of threats we worry about.
It's the kind of 'turn this one thing on if you face elevated risk' that we've been asking for from Google.
And likely reflects some learning after Google watched Apple 's Lockdown Mode play out. I see a lot of value in this..
Here are some features I'm excited to see play out:
The Intrusion Logging feature is interesting & is going to impose substantial cost on attackers trying to hide evidence of exploitation. Logs get e2ee encrypted into the cloud. This one is spicy.
The Offline Lock, Inactivity Reboot & USB protection will frustrate non-consensual attempts to physically grab device data.
Memory Tagging Extension is going to make a lot of attack & exploitation categories harder.
2G Network Protection & disabling Auto-connect to insecure networks are going to address categories of threat from things like IMSI catchers & hostile WiFi.
I'm curious about some other features such as:
Spam & Scam detection: Google messages feature that suggests message content awareness and some kind of scanning.
Scam detection for Phone by Google is interesting & coming later. The way it is described suggests phone conversation awareness. This also addresses a different category of threat than the stuff above. I can see it addressing a whole category of bad things that regular users (& high risk ones too!) face. Will be curious how privacy is addressed or if this done purely locally. Getting messy: Friction points? I see Google thinking these through, but I'm going to add a potential concern: what will users do when they encounter friction? Will they turn this off & forget to re-enable? We've seen users turn off iOS Lockdown Mode when they run into friction for specific websites or, say, legacy WiFi. They then forget to turn it back on. And stay vulnerable.
Bottom line: users disabling Apple's Lockdown Mode for a temporary thing & leaving it off because they forget to turn it on happens a lot. This is a serious % of users in my experience...
And should be factored into design decisions for similar modes. I feel like a good balance is a 'snooze button' or equivalent so that users can disable all/some features for a brief few minute period to do something they need to do, and then auto re-enable.
Winding up:
I'm excited to see how Android Advanced Protection plays with high risk users' experiences. I'm also super curious whether the spam/scam detection features may also be helpful to more vulnerable users (think: aging seniors)...
Niche but important:
Some users, esp. those that migrated to security & privacy-focused Android distros because of because of the absence of such a feature are clear candidates for it... But they may also voice privacy concerns around some of the screening features. Clear communication from the Google Security / Android team will be key here.
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@ 3bf0c63f:aefa459d
2024-01-29 02:19:25Nostr: a quick introduction, attempt #1
Nostr doesn't have a material existence, it is not a website or an app. Nostr is just a description what kind of messages each computer can send to the others and vice-versa. It's a very simple thing, but the fact that such description exists allows different apps to connect to different servers automatically, without people having to talk behind the scenes or sign contracts or anything like that.
When you use a Nostr client that is what happens, your client will connect to a bunch of servers, called relays, and all these relays will speak the same "language" so your client will be able to publish notes to them all and also download notes from other people.
That's basically what Nostr is: this communication layer between the client you run on your phone or desktop computer and the relay that someone else is running on some server somewhere. There is no central authority dictating who can connect to whom or even anyone who knows for sure where each note is stored.
If you think about it, Nostr is very much like the internet itself: there are millions of websites out there, and basically anyone can run a new one, and there are websites that allow you to store and publish your stuff on them.
The added benefit of Nostr is that this unified "language" that all Nostr clients speak allow them to switch very easily and cleanly between relays. So if one relay decides to ban someone that person can switch to publishing to others relays and their audience will quickly follow them there. Likewise, it becomes much easier for relays to impose any restrictions they want on their users: no relay has to uphold a moral ground of "absolute free speech": each relay can decide to delete notes or ban users for no reason, or even only store notes from a preselected set of people and no one will be entitled to complain about that.
There are some bad things about this design: on Nostr there are no guarantees that relays will have the notes you want to read or that they will store the notes you're sending to them. We can't just assume all relays will have everything — much to the contrary, as Nostr grows more relays will exist and people will tend to publishing to a small set of all the relays, so depending on the decisions each client takes when publishing and when fetching notes, users may see a different set of replies to a note, for example, and be confused.
Another problem with the idea of publishing to multiple servers is that they may be run by all sorts of malicious people that may edit your notes. Since no one wants to see garbage published under their name, Nostr fixes that by requiring notes to have a cryptographic signature. This signature is attached to the note and verified by everybody at all times, which ensures the notes weren't tampered (if any part of the note is changed even by a single character that would cause the signature to become invalid and then the note would be dropped). The fix is perfect, except for the fact that it introduces the requirement that each user must now hold this 63-character code that starts with "nsec1", which they must not reveal to anyone. Although annoying, this requirement brings another benefit: that users can automatically have the same identity in many different contexts and even use their Nostr identity to login to non-Nostr websites easily without having to rely on any third-party.
To conclude: Nostr is like the internet (or the internet of some decades ago): a little chaotic, but very open. It is better than the internet because it is structured and actions can be automated, but, like in the internet itself, nothing is guaranteed to work at all times and users many have to do some manual work from time to time to fix things. Plus, there is the cryptographic key stuff, which is painful, but cool.
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@ c1d77557:bf04ec8b
2025-05-24 05:02:26O 567br é uma plataforma de entretenimento online que tem se destacado pela sua inovação, variedade de jogos e foco na experiência do jogador. Com uma interface amigável e recursos de alta qualidade, a plataforma oferece uma jornada divertida e segura para os seus usuários. Neste artigo, vamos explorar os principais aspectos do 567br, incluindo a introdução da plataforma, os jogos que ela oferece e como a experiência do jogador é aprimorada em cada detalhe.
O 567br foi desenvolvido com o objetivo de proporcionar aos jogadores uma experiência imersiva e prazerosa. Sua interface é simples, intuitiva e de fácil navegação, permitindo que os usuários encontrem rapidamente seus jogos favoritos. A plataforma também é otimizada para dispositivos móveis, o que significa que os jogadores podem acessar seus jogos em qualquer lugar e a qualquer momento, seja no computador ou no smartphone.
Além disso, o 567brse preocupa com a segurança de seus usuários, implementando tecnologias de criptografia de ponta para garantir que todos os dados pessoais e financeiros estejam protegidos. A plataforma também oferece suporte ao cliente de alta qualidade, disponível 24/7, para resolver quaisquer dúvidas ou problemas que possam surgir durante a experiência de jogo.
Jogos Empolgantes e Variedade para Todos os Gostos No 567br, a diversidade de jogos é um dos pontos fortes da plataforma. Desde jogos de mesa e cartas até opções de entretenimento mais dinâmicas e inovadoras, há algo para todos os gostos e preferências. Os jogos disponíveis são desenvolvidos por alguns dos melhores fornecedores de conteúdo da indústria, garantindo gráficos de alta qualidade, jogabilidade fluida e mecânicas envolventes.
Os jogadores podem escolher entre diferentes categorias, como:
Jogos de Mesa: Para quem gosta de uma experiência mais estratégica e de tomada de decisões, os jogos de mesa são uma excelente opção. São oferecidas diversas variantes de jogos populares, como pôquer, blackjack, roleta, entre outros.
Jogos de Ação e Aventura: Para os que buscam adrenalina e emoção, a plataforma oferece uma seleção de jogos de ação e aventura com temas envolventes e gráficos impressionantes. Esses jogos garantem uma experiência de jogo emocionante e desafiadora.
Jogos de Arcade: Se você está em busca de algo mais descontraído e divertido, os jogos de arcade são uma excelente escolha. Eles são rápidos, fáceis de entender e proporcionam diversão instantânea.
A plataforma está sempre atualizando seu portfólio de jogos para garantir que os jogadores tenham acesso às últimas novidades e inovações do mundo do entretenimento online.
A Experiência do Jogador: Personalização e Interatividade O 567br não se limita a oferecer apenas uma plataforma de jogos, mas também busca criar uma experiência personalizada e interativa para cada jogador. A plataforma possui funcionalidades que permitem que os usuários ajustem sua experiência de jogo de acordo com suas preferências individuais.
A personalização da interface é um exemplo claro disso. O jogador pode escolher o tema e a disposição dos elementos na tela, criando um ambiente que seja confortável e agradável de usar. Além disso, o 567br oferece recursos interativos, como chats ao vivo, onde os jogadores podem interagir com outros usuários e até mesmo com os dealers, proporcionando uma sensação de comunidade.
Outro aspecto importante é a possibilidade de acompanhar o desempenho e os resultados de jogo. A plataforma oferece relatórios detalhados, permitindo que os jogadores monitorem seu progresso, analisem suas vitórias e perdas, e façam ajustes em sua estratégia de jogo.
Promoções e Benefícios para os Jogadores O 567br também oferece uma série de promoções e benefícios que tornam a experiência de jogo ainda mais atrativa. Novos jogadores podem aproveitar bônus de boas-vindas e outras ofertas especiais, enquanto jogadores regulares podem se beneficiar de programas de fidelidade e promoções exclusivas.
Essas ofertas ajudam a aumentar a diversão e proporcionam mais oportunidades para que os jogadores explorem novos jogos e tenham uma experiência ainda mais rica. Além disso, o sistema de recompensas é transparente e justo, garantindo que todos os jogadores tenham as mesmas oportunidades de aproveitar os benefícios.
Conclusão: Uma Plataforma Completa para Todos os Gostos Com sua interface intuitiva, variedade de jogos e foco na experiência do jogador, o 567br se consolida como uma plataforma de entretenimento online de alta qualidade. Seja para quem busca jogos estratégicos, ação intensa ou diversão casual, o 567br tem algo para todos.
A segurança, o suporte ao cliente e a personalização da experiência de jogo tornam o 567br uma opção atraente para jogadores que buscam mais do que apenas uma plataforma de jogos – buscam uma jornada de entretenimento envolvente e segura. Se você está procurando por uma experiência completa e agradável, o 567br é, sem dúvida, uma excelente escolha.
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@ c1d77557:bf04ec8b
2025-05-24 05:01:44O P11Bet é uma plataforma inovadora que chega para oferecer uma experiência de jogo única, reunindo uma variedade de opções para os entusiastas de diferentes tipos de entretenimento online. Com uma interface moderna e fácil de usar, ela se destaca por proporcionar uma jornada divertida e segura para os jogadores, com um foco especial na qualidade da experiência e no atendimento às necessidades do público.
Uma Plataforma Completa e Acessível Ao acessar o P11Bet, os usuários encontram uma plataforma intuitiva, que facilita a navegação e oferece uma variedade de recursos para tornar o jogo mais agradável. A estrutura do site é otimizada para fornecer uma experiência fluida, seja no desktop ou em dispositivos móveis. Além disso, a plataforma se preocupa em manter um ambiente seguro, garantindo a proteção dos dados dos jogadores e permitindo que se concentrem na diversão.
A plataforma é projetada para todos os tipos de jogadores, desde os iniciantes até os mais experientes. A simplicidade de uso é uma das grandes vantagens, permitindo que qualquer pessoa possa se registrar e começar a jogar sem dificuldades. Além disso, a p11betoferece suporte ao cliente em português, o que facilita a comunicação e garante um atendimento de alta qualidade para os usuários brasileiros.
Diversidade de Jogos para Todos os Gostos O P11Bet se destaca pela vasta gama de opções de jogos que oferece aos seus usuários. A plataforma abriga uma seleção diversificada que vai desde jogos clássicos até as opções mais modernas, atendendo a todos os estilos e preferências. Entre as opções mais procuradas estão jogos de mesa, apostas esportivas, slots, e outras modalidades que garantem horas de entretenimento.
Um dos principais atrativos do P11Bet são os jogos de habilidade e de sorte, que exigem tanto estratégia quanto um pouco de sorte. As opções variam desde os mais simples aos mais complexos, oferecendo algo para todos os gostos. Os jogadores podem se aventurar em diversas modalidades, testando suas habilidades em jogos que vão de roletas e blackjack a versões mais inovadoras e dinâmicas.
Para aqueles que preferem algo mais emocionante e competitivo, as apostas esportivas são uma das maiores atrações. O P11Bet oferece uma ampla variedade de eventos esportivos ao vivo para apostar, com odds atrativas e uma plataforma que permite realizar apostas de forma rápida e eficiente. Seja em esportes populares como futebol, basquete ou até mesmo esportes menos tradicionais, há sempre algo para os apostadores mais exigentes.
A Experiência do Jogador: Diversão e Segurança O P11Bet não apenas se preocupa com a diversidade de jogos, mas também com a experiência do jogador. A plataforma foi desenvolvida para garantir que os jogadores possam desfrutar de seus jogos favoritos com a maior segurança e conforto possível. Além de um design intuitivo, a plataforma oferece diversas opções de pagamento, incluindo métodos populares no Brasil, para facilitar depósitos e retiradas. Isso garante que o processo de transações seja simples, rápido e seguro.
Outro ponto positivo do P11Bet é a experiência imersiva que ele oferece aos jogadores. A plataforma está sempre atualizada com novas funcionalidades, com promoções atraentes e bônus especiais que aumentam ainda mais a diversão. A interação com outros jogadores também é um diferencial, com espaços que permitem competir, conversar e trocar experiências com pessoas de todo o mundo.
Além disso, o suporte ao cliente da P11Bet é um dos mais elogiados pelos usuários. A equipe está sempre disponível para resolver dúvidas e fornecer assistência de maneira eficaz e amigável. Isso garante que os jogadores tenham sempre uma experiência tranquila, sem se preocupar com questões técnicas ou problemas relacionados à plataforma.
Conclusão Em resumo, o P11Bet é uma excelente escolha para quem busca uma plataforma completa e de qualidade para se divertir e desafiar suas habilidades. Com uma grande variedade de jogos, uma interface de fácil navegação e um suporte excepcional, ele garante que cada momento na plataforma seja único e prazeroso. Para quem deseja se aventurar no mundo dos jogos online, o P11Bet é uma opção que combina segurança, inovação e diversão.
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@ 3bf0c63f:aefa459d
2024-01-15 11:15:06Pequenos problemas que o Estado cria para a sociedade e que não são sempre lembrados
- **vale-transporte**: transferir o custo com o transporte do funcionário para um terceiro o estimula a morar longe de onde trabalha, já que morar perto é normalmente mais caro e a economia com transporte é inexistente. - **atestado médico**: o direito a faltar o trabalho com atestado médico cria a exigência desse atestado para todas as situações, substituindo o livre acordo entre patrão e empregado e sobrecarregando os médicos e postos de saúde com visitas desnecessárias de assalariados resfriados. - **prisões**: com dinheiro mal-administrado, burocracia e péssima alocação de recursos -- problemas que empresas privadas em competição (ou mesmo sem qualquer competição) saberiam resolver muito melhor -- o Estado fica sem presídios, com os poucos existentes entupidos, muito acima de sua alocação máxima, e com isto, segundo a bizarra corrente de responsabilidades que culpa o juiz que condenou o criminoso por sua morte na cadeia, juízes deixam de condenar à prisão os bandidos, soltando-os na rua. - **justiça**: entrar com processos é grátis e isto faz proliferar a atividade dos advogados que se dedicam a criar problemas judiciais onde não seria necessário e a entupir os tribunais, impedindo-os de fazer o que mais deveriam fazer. - **justiça**: como a justiça só obedece às leis e ignora acordos pessoais, escritos ou não, as pessoas não fazem acordos, recorrem sempre à justiça estatal, e entopem-na de assuntos que seriam muito melhor resolvidos entre vizinhos. - **leis civis**: as leis criadas pelos parlamentares ignoram os costumes da sociedade e são um incentivo a que as pessoas não respeitem nem criem normas sociais -- que seriam maneiras mais rápidas, baratas e satisfatórias de resolver problemas. - **leis de trãnsito**: quanto mais leis de trânsito, mais serviço de fiscalização são delegados aos policiais, que deixam de combater crimes por isto (afinal de contas, eles não querem de fato arriscar suas vidas combatendo o crime, a fiscalização é uma excelente desculpa para se esquivarem a esta responsabilidade). - **financiamento educacional**: é uma espécie de subsídio às faculdades privadas que faz com que se criem cursos e mais cursos que são cada vez menos recheados de algum conhecimento ou técnica útil e cada vez mais inúteis. - **leis de tombamento**: são um incentivo a que o dono de qualquer área ou construção "histórica" destrua todo e qualquer vestígio de história que houver nele antes que as autoridades descubram, o que poderia não acontecer se ele pudesse, por exemplo, usar, mostrar e se beneficiar da história daquele local sem correr o risco de perder, de fato, a sua propriedade. - **zoneamento urbano**: torna as cidades mais espalhadas, criando uma necessidade gigantesca de carros, ônibus e outros meios de transporte para as pessoas se locomoverem das zonas de moradia para as zonas de trabalho. - **zoneamento urbano**: faz com que as pessoas percam horas no trânsito todos os dias, o que é, além de um desperdício, um atentado contra a sua saúde, que estaria muito melhor servida numa caminhada diária entre a casa e o trabalho. - **zoneamento urbano**: torna ruas e as casas menos seguras criando zonas enormes, tanto de residências quanto de indústrias, onde não há movimento de gente alguma. - **escola obrigatória + currículo escolar nacional**: emburrece todas as crianças. - **leis contra trabalho infantil**: tira das crianças a oportunidade de aprender ofícios úteis e levar um dinheiro para ajudar a família. - **licitações**: como não existem os critérios do mercado para decidir qual é o melhor prestador de serviço, criam-se comissões de pessoas que vão decidir coisas. isto incentiva os prestadores de serviço que estão concorrendo na licitação a tentar comprar os membros dessas comissões. isto, fora a corrupção, gera problemas reais: __(i)__ a escolha dos serviços acaba sendo a pior possível, já que a empresa prestadora que vence está claramente mais dedicada a comprar comissões do que a fazer um bom trabalho (este problema afeta tantas áreas, desde a construção de estradas até a qualidade da merenda escolar, que é impossível listar aqui); __(ii)__ o processo corruptor acaba, no longo prazo, eliminando as empresas que prestavam e deixando para competir apenas as corruptas, e a qualidade tende a piorar progressivamente. - **cartéis**: o Estado em geral cria e depois fica refém de vários grupos de interesse. o caso dos taxistas contra o Uber é o que está na moda hoje (e o que mostra como os Estados se comportam da mesma forma no mundo todo). - **multas**: quando algum indivíduo ou empresa comete uma fraude financeira, ou causa algum dano material involuntário, as vítimas do caso são as pessoas que sofreram o dano ou perderam dinheiro, mas o Estado tem sempre leis que prevêem multas para os responsáveis. A justiça estatal é sempre muito rígida e rápida na aplicação dessas multas, mas relapsa e vaga no que diz respeito à indenização das vítimas. O que em geral acontece é que o Estado aplica uma enorme multa ao responsável pelo mal, retirando deste os recursos que dispunha para indenizar as vítimas, e se retira do caso, deixando estas desamparadas. - **desapropriação**: o Estado pode pegar qualquer propriedade de qualquer pessoa mediante uma indenização que é necessariamente inferior ao valor da propriedade para o seu presente dono (caso contrário ele a teria vendido voluntariamente). - **seguro-desemprego**: se há, por exemplo, um prazo mínimo de 1 ano para o sujeito ter direito a receber seguro-desemprego, isto o incentiva a planejar ficar apenas 1 ano em cada emprego (ano este que será sucedido por um período de desemprego remunerado), matando todas as possibilidades de aprendizado ou aquisição de experiência naquela empresa específica ou ascensão hierárquica. - **previdência**: a previdência social tem todos os defeitos de cálculo do mundo, e não importa muito ela ser uma forma horrível de poupar dinheiro, porque ela tem garantias bizarras de longevidade fornecidas pelo Estado, além de ser compulsória. Isso serve para criar no imaginário geral a idéia da __aposentadoria__, uma época mágica em que todos os dias serão finais de semana. A idéia da aposentadoria influencia o sujeito a não se preocupar em ter um emprego que faça sentido, mas sim em ter um trabalho qualquer, que o permita se aposentar. - **regulamentação impossível**: milhares de coisas são proibidas, há regulamentações sobre os aspectos mais mínimos de cada empreendimento ou construção ou espaço. se todas essas regulamentações fossem exigidas não haveria condições de produção e todos morreriam. portanto, elas não são exigidas. porém, o Estado, ou um agente individual imbuído do poder estatal pode, se desejar, exigi-las todas de um cidadão inimigo seu. qualquer pessoa pode viver a vida inteira sem cumprir nem 10% das regulamentações estatais, mas viverá também todo esse tempo com medo de se tornar um alvo de sua exigência, num estado de terror psicológico. - **perversão de critérios**: para muitas coisas sobre as quais a sociedade normalmente chegaria a um valor ou comportamento "razoável" espontaneamente, o Estado dita regras. estas regras muitas vezes não são obrigatórias, são mais "sugestões" ou limites, como o salário mínimo, ou as 44 horas semanais de trabalho. a sociedade, porém, passa a usar esses valores como se fossem o normal. são raras, por exemplo, as ofertas de emprego que fogem à regra das 44h semanais. - **inflação**: subir os preços é difícil e constrangedor para as empresas, pedir aumento de salário é difícil e constrangedor para o funcionário. a inflação força as pessoas a fazer isso, mas o aumento não é automático, como alguns economistas podem pensar (enquanto alguns outros ficam muito satisfeitos de que esse processo seja demorado e difícil). - **inflação**: a inflação destrói a capacidade das pessoas de julgar preços entre concorrentes usando a própria memória. - **inflação**: a inflação destrói os cálculos de lucro/prejuízo das empresas e prejudica enormemente as decisões empresariais que seriam baseadas neles. - **inflação**: a inflação redistribui a riqueza dos mais pobres e mais afastados do sistema financeiro para os mais ricos, os bancos e as megaempresas. - **inflação**: a inflação estimula o endividamento e o consumismo. - **lixo:** ao prover coleta e armazenamento de lixo "grátis para todos" o Estado incentiva a criação de lixo. se tivessem que pagar para que recolhessem o seu lixo, as pessoas (e conseqüentemente as empresas) se empenhariam mais em produzir coisas usando menos plástico, menos embalagens, menos sacolas. - **leis contra crimes financeiros:** ao criar legislação para dificultar acesso ao sistema financeiro por parte de criminosos a dificuldade e os custos para acesso a esse mesmo sistema pelas pessoas de bem cresce absurdamente, levando a um percentual enorme de gente incapaz de usá-lo, para detrimento de todos -- e no final das contas os grandes criminosos ainda conseguem burlar tudo.
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@ c631e267:c2b78d3e
2025-05-16 18:40:18Die zwei mächtigsten Krieger sind Geduld und Zeit. \ Leo Tolstoi
Zum Wohle unserer Gesundheit, unserer Leistungsfähigkeit und letztlich unseres Glücks ist es wichtig, die eigene Energie bewusst zu pflegen. Das gilt umso mehr für an gesellschaftlichen Themen interessierte, selbstbewusste und kritisch denkende Menschen. Denn für deren Wahrnehmung und Wohlbefinden waren und sind die rasanten, krisen- und propagandagefüllten letzten Jahre in Absurdistan eine harte Probe.
Nur wer regelmäßig Kraft tankt und Wege findet, mit den Herausforderungen umzugehen, kann eine solche Tortur überstehen, emotionale Erschöpfung vermeiden und trotz allem zufrieden sein. Dazu müssen wir erkunden, was uns Energie gibt und was sie uns raubt. Durch Selbstreflexion und Achtsamkeit finden wir sicher Dinge, die uns erfreuen und inspirieren, und andere, die uns eher stressen und belasten.
Die eigene Energie ist eng mit unserer körperlichen und mentalen Gesundheit verbunden. Methoden zur Förderung der körperlichen Gesundheit sind gut bekannt: eine ausgewogene Ernährung, regelmäßige Bewegung sowie ausreichend Schlaf und Erholung. Bei der nicht minder wichtigen emotionalen Balance wird es schon etwas komplizierter. Stress abzubauen, die eigenen Grenzen zu kennen oder solche zum Schutz zu setzen sowie die Konzentration auf Positives und Sinnvolles wären Ansätze.
Der emotionale ist auch der Bereich, über den «Energie-Räuber» bevorzugt attackieren. Das sind zum Beispiel Dinge wie Überforderung, Perfektionismus oder mangelhafte Kommunikation. Social Media gehören ganz sicher auch dazu. Sie stehlen uns nicht nur Zeit, sondern sind höchst manipulativ und erhöhen laut einer aktuellen Studie das Risiko für psychische Probleme wie Angstzustände und Depressionen.
Geben wir negativen oder gar bösen Menschen keine Macht über uns. Das Dauerfeuer der letzten Jahre mit Krisen, Konflikten und Gefahren sollte man zwar kennen, darf sich aber davon nicht runterziehen lassen. Das Ziel derartiger konzertierter Aktionen ist vor allem, unsere innere Stabilität zu zerstören, denn dann sind wir leichter zu steuern. Aber Geduld: Selbst vermeintliche «Sonnenköniginnen» wie EU-Kommissionspräsidentin von der Leyen fallen, wenn die Zeit reif ist.
Es ist wichtig, dass wir unsere ganz eigenen Bedürfnisse und Werte erkennen. Unsere Energiequellen müssen wir identifizieren und aktiv nutzen. Dazu gehören soziale Kontakte genauso wie zum Beispiel Hobbys und Leidenschaften. Umgeben wir uns mit Sinnhaftigkeit und lassen wir uns nicht die Energie rauben!
Mein Wahlspruch ist schon lange: «Was die Menschen wirklich bewegt, ist die Kultur.» Jetzt im Frühjahr beginnt hier in Andalusien die Zeit der «Ferias», jener traditionellen Volksfeste, die vor Lebensfreude sprudeln. Konzentrieren wir uns auf die schönen Dinge und auf unsere eigenen Talente – soziale Verbundenheit wird helfen, unsere innere Kraft zu stärken und zu bewahren.
[Titelbild: Pixabay]
Dieser Beitrag wurde mit dem Pareto-Client geschrieben und ist zuerst auf Transition News erschienen.
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@ 3bf0c63f:aefa459d
2024-01-14 14:52:16bitcoind
decentralizationIt is better to have multiple curator teams, with different vetting processes and release schedules for
bitcoind
than a single one."More eyes on code", "Contribute to Core", "Everybody should audit the code".
All these points repeated again and again fell to Earth on the day it was discovered that Bitcoin Core developers merged a variable name change from "blacklist" to "blocklist" without even discussing or acknowledging the fact that that innocent pull request opened by a sybil account was a social attack.
After a big lot of people manifested their dissatisfaction with that event on Twitter and on GitHub, most Core developers simply ignored everybody's concerns or even personally attacked people who were complaining.
The event has shown that:
1) Bitcoin Core ultimately rests on the hands of a couple maintainers and they decide what goes on the GitHub repository[^pr-merged-very-quickly] and the binary releases that will be downloaded by thousands; 2) Bitcoin Core is susceptible to social attacks; 2) "More eyes on code" don't matter, as these extra eyes can be ignored and dismissed.
Solution:
bitcoind
decentralizationIf usage was spread across 10 different
bitcoind
flavors, the network would be much more resistant to social attacks to a single team.This has nothing to do with the question on if it is better to have multiple different Bitcoin node implementations or not, because here we're basically talking about the same software.
Multiple teams, each with their own release process, their own logo, some subtle changes, or perhaps no changes at all, just a different name for their
bitcoind
flavor, and that's it.Every day or week or month or year, each flavor merges all changes from Bitcoin Core on their own fork. If there's anything suspicious or too leftist (or perhaps too rightist, in case there's a leftist
bitcoind
flavor), maybe they will spot it and not merge.This way we keep the best of both worlds: all software development, bugfixes, improvements goes on Bitcoin Core, other flavors just copy. If there's some non-consensus change whose efficacy is debatable, one of the flavors will merge on their fork and test, and later others -- including Core -- can copy that too. Plus, we get resistant to attacks: in case there is an attack on Bitcoin Core, only 10% of the network would be compromised. the other flavors would be safe.
Run Bitcoin Knots
The first example of a
bitcoind
software that follows Bitcoin Core closely, adds some small changes, but has an independent vetting and release process is Bitcoin Knots, maintained by the incorruptible Luke DashJr.Next time you decide to run
bitcoind
, run Bitcoin Knots instead and contribute tobitcoind
decentralization!
See also:
[^pr-merged-very-quickly]: See PR 20624, for example, a very complicated change that could be introducing bugs or be a deliberate attack, merged in 3 days without time for discussion.
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@ 3bf0c63f:aefa459d
2024-01-14 14:52:16Drivechain
Understanding Drivechain requires a shift from the paradigm most bitcoiners are used to. It is not about "trustlessness" or "mathematical certainty", but game theory and incentives. (Well, Bitcoin in general is also that, but people prefer to ignore it and focus on some illusion of trustlessness provided by mathematics.)
Here we will describe the basic mechanism (simple) and incentives (complex) of "hashrate escrow" and how it enables a 2-way peg between the mainchain (Bitcoin) and various sidechains.
The full concept of "Drivechain" also involves blind merged mining (i.e., the sidechains mine themselves by publishing their block hashes to the mainchain without the miners having to run the sidechain software), but this is much easier to understand and can be accomplished either by the BIP-301 mechanism or by the Spacechains mechanism.
How does hashrate escrow work from the point of view of Bitcoin?
A new address type is created. Anything that goes in that is locked and can only be spent if all miners agree on the Withdrawal Transaction (
WT^
) that will spend it for 6 months. There is one of these special addresses for each sidechain.To gather miners' agreement
bitcoind
keeps track of the "score" of all transactions that could possibly spend from that address. On every block mined, for each sidechain, the miner can use a portion of their coinbase to either increase the score of oneWT^
by 1 while decreasing the score of all others by 1; or they can decrease the score of allWT^
s by 1; or they can do nothing.Once a transaction has gotten a score high enough, it is published and funds are effectively transferred from the sidechain to the withdrawing users.
If a timeout of 6 months passes and the score doesn't meet the threshold, that
WT^
is discarded.What does the above procedure mean?
It means that people can transfer coins from the mainchain to a sidechain by depositing to the special address. Then they can withdraw from the sidechain by making a special withdraw transaction in the sidechain.
The special transaction somehow freezes funds in the sidechain while a transaction that aggregates all withdrawals into a single mainchain
WT^
, which is then submitted to the mainchain miners so they can start voting on it and finally after some months it is published.Now the crucial part: the validity of the
WT^
is not verified by the Bitcoin mainchain rules, i.e., if Bob has requested a withdraw from the sidechain to his mainchain address, but someone publishes a wrongWT^
that instead takes Bob's funds and sends them to Alice's main address there is no way the mainchain will know that. What determines the "validity" of theWT^
is the miner vote score and only that. It is the job of miners to vote correctly -- and for that they may want to run the sidechain node in SPV mode so they can attest for the existence of a reference to theWT^
transaction in the sidechain blockchain (which then ensures it is ok) or do these checks by some other means.What? 6 months to get my money back?
Yes. But no, in practice anyone who wants their money back will be able to use an atomic swap, submarine swap or other similar service to transfer funds from the sidechain to the mainchain and vice-versa. The long delayed withdraw costs would be incurred by few liquidity providers that would gain some small profit from it.
Why bother with this at all?
Drivechains solve many different problems:
It enables experimentation and new use cases for Bitcoin
Issued assets, fully private transactions, stateful blockchain contracts, turing-completeness, decentralized games, some "DeFi" aspects, prediction markets, futarchy, decentralized and yet meaningful human-readable names, big blocks with a ton of normal transactions on them, a chain optimized only for Lighting-style networks to be built on top of it.
These are some ideas that may have merit to them, but were never actually tried because they couldn't be tried with real Bitcoin or inferfacing with real bitcoins. They were either relegated to the shitcoin territory or to custodial solutions like Liquid or RSK that may have failed to gain network effect because of that.
It solves conflicts and infighting
Some people want fully private transactions in a UTXO model, others want "accounts" they can tie to their name and build reputation on top; some people want simple multisig solutions, others want complex code that reads a ton of variables; some people want to put all the transactions on a global chain in batches every 10 minutes, others want off-chain instant transactions backed by funds previously locked in channels; some want to spend, others want to just hold; some want to use blockchain technology to solve all the problems in the world, others just want to solve money.
With Drivechain-based sidechains all these groups can be happy simultaneously and don't fight. Meanwhile they will all be using the same money and contributing to each other's ecosystem even unwillingly, it's also easy and free for them to change their group affiliation later, which reduces cognitive dissonance.
It solves "scaling"
Multiple chains like the ones described above would certainly do a lot to accomodate many more transactions that the current Bitcoin chain can. One could have special Lightning Network chains, but even just big block chains or big-block-mimblewimble chains or whatnot could probably do a good job. Or even something less cool like 200 independent chains just like Bitcoin is today, no extra features (and you can call it "sharding"), just that would already multiply the current total capacity by 200.
Use your imagination.
It solves the blockchain security budget issue
The calculation is simple: you imagine what security budget is reasonable for each block in a world without block subsidy and divide that for the amount of bytes you can fit in a single block: that is the price to be paid in satoshis per byte. In reasonable estimative, the price necessary for every Bitcoin transaction goes to very large amounts, such that not only any day-to-day transaction has insanely prohibitive costs, but also Lightning channel opens and closes are impracticable.
So without a solution like Drivechain you'll be left with only one alternative: pushing Bitcoin usage to trusted services like Liquid and RSK or custodial Lightning wallets. With Drivechain, though, there could be thousands of transactions happening in sidechains and being all aggregated into a sidechain block that would then pay a very large fee to be published (via blind merged mining) to the mainchain. Bitcoin security guaranteed.
It keeps Bitcoin decentralized
Once we have sidechains to accomodate the normal transactions, the mainchain functionality can be reduced to be only a "hub" for the sidechains' comings and goings, and then the maximum block size for the mainchain can be reduced to, say, 100kb, which would make running a full node very very easy.
Can miners steal?
Yes. If a group of coordinated miners are able to secure the majority of the hashpower and keep their coordination for 6 months, they can publish a
WT^
that takes the money from the sidechains and pays to themselves.Will miners steal?
No, because the incentives are such that they won't.
Although it may look at first that stealing is an obvious strategy for miners as it is free money, there are many costs involved:
- The cost of ceasing blind-merged mining returns -- as stealing will kill a sidechain, all the fees from it that miners would be expected to earn for the next years are gone;
- The cost of Bitcoin price going down: If a steal is successful that will mean Drivechains are not safe, therefore Bitcoin is less useful, and miner credibility will also be hurt, which are likely to cause the Bitcoin price to go down, which in turn may kill the miners' businesses and savings;
- The cost of coordination -- assuming miners are just normal businesses, they just want to do their work and get paid, but stealing from a Drivechain will require coordination with other miners to conduct an immoral act in a way that has many pitfalls and is likely to be broken over the months;
- The cost of miners leaving your mining pool: when we talked about "miners" above we were actually talking about mining pools operators, so they must also consider the risk of miners migrating from their mining pool to others as they begin the process of stealing;
- The cost of community goodwill -- when participating in a steal operation, a miner will suffer a ton of backlash from the community. Even if the attempt fails at the end, the fact that it was attempted will contribute to growing concerns over exaggerated miners power over the Bitcoin ecosystem, which may end up causing the community to agree on a hard-fork to change the mining algorithm in the future, or to do something to increase participation of more entities in the mining process (such as development or cheapment of new ASICs), which have a chance of decreasing the profits of current miners.
Another point to take in consideration is that one may be inclined to think a newly-created sidechain or a sidechain with relatively low usage may be more easily stolen from, since the blind merged mining returns from it (point 1 above) are going to be small -- but the fact is also that a sidechain with small usage will also have less money to be stolen from, and since the other costs besides 1 are less elastic at the end it will not be worth stealing from these too.
All of the above consideration are valid only if miners are stealing from good sidechains. If there is a sidechain that is doing things wrong, scamming people, not being used at all, or is full of bugs, for example, that will be perceived as a bad sidechain, and then miners can and will safely steal from it and kill it, which will be perceived as a good thing by everybody.
What do we do if miners steal?
Paul Sztorc has suggested in the past that a user-activated soft-fork could prevent miners from stealing, i.e., most Bitcoin users and nodes issue a rule similar to this one to invalidate the inclusion of a faulty
WT^
and thus cause any miner that includes it in a block to be relegated to their own Bitcoin fork that other nodes won't accept.This suggestion has made people think Drivechain is a sidechain solution backed by user-actived soft-forks for safety, which is very far from the truth. Drivechains must not and will not rely on this kind of soft-fork, although they are possible, as the coordination costs are too high and no one should ever expect these things to happen.
If even with all the incentives against them (see above) miners do still steal from a good sidechain that will mean the failure of the Drivechain experiment. It will very likely also mean the failure of the Bitcoin experiment too, as it will be proven that miners can coordinate to act maliciously over a prolonged period of time regardless of economic and social incentives, meaning they are probably in it just for attacking Bitcoin, backed by nation-states or something else, and therefore no Bitcoin transaction in the mainchain is to be expected to be safe ever again.
Why use this and not a full-blown trustless and open sidechain technology?
Because it is impossible.
If you ever heard someone saying "just use a sidechain", "do this in a sidechain" or anything like that, be aware that these people are either talking about "federated" sidechains (i.e., funds are kept in custody by a group of entities) or they are talking about Drivechain, or they are disillusioned and think it is possible to do sidechains in any other manner.
No, I mean a trustless 2-way peg with correctness of the withdrawals verified by the Bitcoin protocol!
That is not possible unless Bitcoin verifies all transactions that happen in all the sidechains, which would be akin to drastically increasing the blocksize and expanding the Bitcoin rules in tons of ways, i.e., a terrible idea that no one wants.
What about the Blockstream sidechains whitepaper?
Yes, that was a way to do it. The Drivechain hashrate escrow is a conceptually simpler way to achieve the same thing with improved incentives, less junk in the chain, more safety.
Isn't the hashrate escrow a very complex soft-fork?
Yes, but it is much simpler than SegWit. And, unlike SegWit, it doesn't force anything on users, i.e., it isn't a mandatory blocksize increase.
Why should we expect miners to care enough to participate in the voting mechanism?
Because it's in their own self-interest to do it, and it costs very little. Today over half of the miners mine RSK. It's not blind merged mining, it's a very convoluted process that requires them to run a RSK full node. For the Drivechain sidechains, an SPV node would be enough, or maybe just getting data from a block explorer API, so much much simpler.
What if I still don't like Drivechain even after reading this?
That is the entire point! You don't have to like it or use it as long as you're fine with other people using it. The hashrate escrow special addresses will not impact you at all, validation cost is minimal, and you get the benefit of people who want to use Drivechain migrating to their own sidechains and freeing up space for you in the mainchain. See also the point above about infighting.
See also
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28A response to Achim Warner's "Drivechain brings politics to miners" article
I mean this article: https://achimwarner.medium.com/thoughts-on-drivechain-i-miners-can-do-things-about-which-we-will-argue-whether-it-is-actually-a5c3c022dbd2
There are basically two claims here:
1. Some corporate interests might want to secure sidechains for themselves and thus they will bribe miners to have these activated
First, it's hard to imagine why they would want such a thing. Are they going to make a proprietary KYC chain only for their users? They could do that in a corporate way, or with a federation, like Facebook tried to do, and that would provide more value to their users than a cumbersome pseudo-decentralized system in which they don't even have powers to issue currency. Also, if Facebook couldn't get away with their federated shitcoin because the government was mad, what says the government won't be mad with a sidechain? And finally, why would Facebook want to give custody of their proprietary closed-garden Bitcoin-backed ecosystem coins to a random, open and always-changing set of miners?
But even if they do succeed in making their sidechain and it is very popular such that it pays miners fees and people love it. Well, then why not? Let them have it. It's not going to hurt anyone more than a proprietary shitcoin would anyway. If Facebook really wants a closed ecosystem backed by Bitcoin that probably means we are winning big.
2. Miners will be required to vote on the validity of debatable things
He cites the example of a PoS sidechain, an assassination market, a sidechain full of nazists, a sidechain deemed illegal by the US government and so on.
There is a simple solution to all of this: just kill these sidechains. Either miners can take the money from these to themselves, or they can just refuse to engage and freeze the coins there forever, or they can even give the coins to governments, if they want. It is an entirely good thing that evil sidechains or sidechains that use horrible technology that doesn't even let us know who owns each coin get annihilated. And it was the responsibility of people who put money in there to evaluate beforehand and know that PoS is not deterministic, for example.
About government censoring and wanting to steal money, or criminals using sidechains, I think the argument is very weak because these same things can happen today and may even be happening already: i.e., governments ordering mining pools to not mine such and such transactions from such and such people, or forcing them to reorg to steal money from criminals and whatnot. All this is expected to happen in normal Bitcoin. But both in normal Bitcoin and in Drivechain decentralization fixes that problem by making it so governments cannot catch all miners required to control the chain like that -- and in fact fixing that problem is the only reason we need decentralization.
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@ c1d77557:bf04ec8b
2025-05-24 05:01:11Se você está em busca de uma experiência de jogo dinâmica e diversificada, o 59h é a plataforma que você precisa conhecer. Com um foco claro na satisfação dos jogadores, ela oferece uma ampla variedade de opções de entretenimento, além de uma interface amigável e segura. Neste artigo, vamos explorar a plataforma 59h, destacando suas principais funcionalidades, jogos emocionantes e a experiência do usuário.
O Que é a Plataforma 59h? O 59h é uma plataforma inovadora que oferece uma vasta gama de jogos e experiências digitais para os entusiastas do entretenimento online. A plataforma se destaca pela sua interface intuitiva, que permite aos jogadores navegar com facilidade entre as diferentes categorias de jogos. Ela é ideal para quem busca uma experiência divertida e acessível, sem complicações.
Desde o momento em que você acessa o 59h, fica evidente o compromisso com a qualidade. A plataforma é projetada para ser acessível em diversos dispositivos, seja no seu computador, tablet ou smartphone. Isso garante que os jogadores possam aproveitar seus jogos favoritos a qualquer momento e em qualquer lugar, com a mesma qualidade e desempenho.
Uma Grande Variedade de Jogos para Todos os Gostos O 59h se destaca por sua impressionante variedade de jogos. Independentemente do tipo de jogo que você prefere, certamente encontrará algo que se adapte ao seu estilo. A plataforma oferece desde jogos de habilidade, até opções mais relaxantes e divertidas para aqueles que buscam algo mais descontraído.
Entre as opções mais populares, destacam-se os jogos de mesa, onde os jogadores podem testar suas habilidades em jogos como pôquer, blackjack e outros. Para quem prefere algo mais voltado para a sorte, o 59h também oferece jogos com elementos de sorte que podem garantir grandes recompensas.
Além disso, a plataforma está sempre atualizando seu portfólio de jogos, trazendo novidades para os jogadores. Isso significa que você nunca ficará entediado, já que sempre haverá algo novo e emocionante para experimentar.
A Experiência do Jogador no 59h Uma das maiores qualidades da plataforma 59h é sua atenção à experiência do usuário. Desde o processo de registro até a escolha de um jogo, tudo foi pensado para garantir uma navegação tranquila e sem estresse.
A plataforma é completamente segura, oferecendo métodos de pagamento rápidos e confiáveis. Isso significa que os jogadores podem depositar e retirar seus fundos com confiança, sem se preocupar com a segurança de suas informações pessoais. Além disso, o suporte ao cliente está sempre disponível para ajudar em caso de dúvidas ou problemas, garantindo que sua experiência seja o mais fluida possível.
Outro ponto que merece destaque é a comunidade de jogadores. A interação com outros jogadores é uma parte importante da plataforma, permitindo que você compartilhe dicas, participe de torneios e crie amizades. A plataforma 59h se esforça para criar um ambiente amigável e inclusivo, onde todos podem se divertir e aprender uns com os outros.
Acessibilidade e Facilidade de Uso O 59h não é apenas sobre a diversidade de jogos; também se trata de tornar o acesso o mais simples possível. A plataforma oferece um design responsivo, que se adapta perfeitamente a qualquer tipo de dispositivo. Isso significa que você pode jogar no computador, smartphone ou tablet com a mesma facilidade.
O processo de cadastro é simples e rápido, permitindo que você comece a jogar em questão de minutos. Além disso, a plataforma oferece uma série de recursos adicionais, como promoções e bônus exclusivos, que tornam a experiência ainda mais empolgante.
Conclusão O 59h se posiciona como uma plataforma de entretenimento online completa, oferecendo uma vasta gama de jogos, uma experiência de usuário de alta qualidade e um ambiente seguro e amigável para jogadores de todos os níveis. Se você procura uma plataforma confiável, diversificada e divertida, o 59h é a escolha ideal. Não importa se você é um iniciante ou um jogador experiente, há sempre algo novo para descobrir e aproveitar no 59h.
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28A violência é uma forma de comunicação
A violência é uma forma de comunicação: um serial killer, um pai que bate no filho, uma briga de torcidas, uma sessão de tortura, uma guerra, um assassinato passional, uma briga de bar. Em todos esses se pode enxergar uma mensagem que está tentando ser transmitida, que não foi compreendida pelo outro lado, que não pôde ser expressa, e, quando o transmissor da mensagem sentiu que não podia ser totalmente compreendido em palavras, usou essa outra forma de comunicação.
Quando uma ofensa em um bar descamba para uma briga, por exemplo, o que há é claramente uma tentativa de uma ofensa maior ainda pelo lado do que iniciou a primeira, a briga não teria acontecido se ele a tivesse conseguido expressar em palavras tão claras que toda a audiência de bêbados compreendesse, o que estaria além dos limites da linguagem, naquele caso, o soco com o mão direita foi mais eficiente. Poderia ser também a defesa argumentativa: "eu não sou um covarde como você está dizendo" -- mas o bar não acreditaria nessa frase solta, a comunicação não teria obtido o sucesso desejado.
A explicação para o fato da redução da violência à medida em que houve progresso da civilização está na melhora da eficiência da comunicação humana: a escrita, o refinamento da expressão lingüística, o aumento do alcance da palavra falada com rádio, a televisão e a internet.
Se essa eficiência diminuir, porque não há mais acordo quanto ao significado das palavras, porque as pessoas não estão nem aí para se o que escrevem é bom ou não, ou porque são incapazes de compreender qualquer coisa, deve aumentar proporcionalmente a violência.
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@ dfa02707:41ca50e3
2025-05-24 05:00:58Contribute to keep No Bullshit Bitcoin news going.
- Coinswap is a decentralized protocol for private, trustless cryptocurrency swaps. It allows participants to securely swap digital assets without intermediaries, using advanced cryptographic techniques and atomic swaps to ensure privacy and security.
- This release introduces major improvements to the protocol's efficiency, security, and usability, including custom in-memory UTXO indexes, more advanced coin-selection algorithms, fidelity bond management and more.
- The update also improves user experience with full Mac support, faster Tor connections, enhanced UI/UX, a unified API, and improved protocol documentation.
"The Project is under active beta development and open for contributions and beta testing. The Coinswap market place is live in testnet4. Bug fixes and feature requests are very much welcome."
- Manuals and demo docs are available here.
What's new
- Core protocol and performance improvements:
- Custom in-memory UTXO indexes. Frequent Core RPC calls, which caused significant delays, have been eliminated by implementing custom in-memory UTXO indexes. These indexes are also saved to disk, leading to faster wallet synchronization.
- Coin selection. Advanced coin-selection algorithms, like those in Bitcoin Core, have been incorporated, enhancing the efficiency of creating different types of transactions.
- Fidelity management. Maker servers now automate tasks such as checking bond expiries, redemption, and recreation for Fidelity Bonds, reducing the user's management responsibilities.
- Taker liveness. The
WaitingFundingConfirmation
message has been added to keep swap connections between Takers and Makers, assisting with variable block confirmation delays.
-
User experience and compatibility:
- Mac compatibility. The crate and apps now fully support Mac.
- Tor operations are streamlined for faster, more resilient connections. Tor addresses are now consistently linked to the wallet seed, maintaining the same onion address through system reboots.
- The UI/UX improvements enhance the display of balances, UTXOs, offer data, fidelity bonds, and system logs. These updates make the apps more enjoyable and provide clearer coin swap logs during the swap process.
-
API design improvements. Transaction creation routines have been streamlined to use a single common API, which reduces technical debt and eliminates redundant code.
- Protocol spec documentation now details how Coinswap breaks the transaction graph and improves privacy through routed swaps and amount splitting, and includes diagrams for clarity.
Source: Coinswap Protocol specification.
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28On HTLCs and arbiters
This is another attempt and conveying the same information that should be in Lightning and its fake HTLCs. It assumes you know everything about Lightning and will just highlight a point. This is also valid for PTLCs.
The protocol says HTLCs are trimmed (i.e., not actually added to the commitment transaction) when the cost of redeeming them in fees would be greater than their actual value.
Although this is often dismissed as a non-important fact (often people will say "it's trusted for small payments, no big deal"), but I think it is indeed very important for 3 reasons:
- Lightning absolutely relies on HTLCs actually existing because the payment proof requires them. The entire security of each payment comes from the fact that the payer has a preimage that comes from the payee. Without that, the state of the payment becomes an unsolvable mystery. The inexistence of an HTLC breaks the atomicity between the payment going through and the payer receiving a proof.
- Bitcoin fees are expected to grow with time (arguably the reason Lightning exists in the first place).
- MPP makes payment sizes shrink, therefore more and more of Lightning payments are to be trimmed. As I write this, the mempool is clear and still payments smaller than about 5000sat are being trimmed. Two weeks ago the limit was at 18000sat, which is already below the minimum most MPP splitting algorithms will allow.
Therefore I think it is important that we come up with a different way of ensuring payment proofs are being passed around in the case HTLCs are trimmed.
Channel closures
Worse than not having HTLCs that can be redeemed is the fact that in the current Lightning implementations channels will be closed by the peer once an HTLC timeout is reached, either to fulfill an HTLC for which that peer has a preimage or to redeem back that expired HTLCs the other party hasn't fulfilled.
For the surprise of everybody, nodes will do this even when the HTLCs in question were trimmed and therefore cannot be redeemed at all. It's very important that nodes stop doing that, because it makes no economic sense at all.
However, that is not so simple, because once you decide you're not going to close the channel, what is the next step? Do you wait until the other peer tries to fulfill an expired HTLC and tell them you won't agree and that you must cancel that instead? That could work sometimes if they're honest (and they have no incentive to not be, in this case). What if they say they tried to fulfill it before but you were offline? Now you're confused, you don't know if you were offline or they were offline, or if they are trying to trick you. Then unsolvable issues start to emerge.
Arbiters
One simple idea is to use trusted arbiters for all trimmed HTLC issues.
This idea solves both the protocol issue of getting the preimage to the payer once it is released by the payee -- and what to do with the channels once a trimmed HTLC expires.
A simple design would be to have each node hardcode a set of trusted other nodes that can serve as arbiters. Once a channel is opened between two nodes they choose one node from both lists to serve as their mutual arbiter for that channel.
Then whenever one node tries to fulfill an HTLC but the other peer is unresponsive, they can send the preimage to the arbiter instead. The arbiter will then try to contact the unresponsive peer. If it succeeds, then done, the HTLC was fulfilled offchain. If it fails then it can keep trying until the HTLC timeout. And then if the other node comes back later they can eat the loss. The arbiter will ensure they know they are the ones who must eat the loss in this case. If they don't agree to eat the loss, the first peer may then close the channel and blacklist the other peer. If the other peer believes that both the first peer and the arbiter are dishonest they can remove that arbiter from their list of trusted arbiters.
The same happens in the opposite case: if a peer doesn't get a preimage they can notify the arbiter they hadn't received anything. The arbiter may try to ask the other peer for the preimage and, if that fails, settle the dispute for the side of that first peer, which can proceed to fail the HTLC is has with someone else on that route.
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28Problemas com Russell Kirk
A idéia central da “política da prudência[^1]” de Russell Kirk me parece muito correta, embora tenha sido melhor formulada pior no seu enorme livro do que em uma pequena frase do joanadarquista Lucas Souza: “o conservadorismo é importante, porque tem muita gente com idéia errada por aí, e nós podemos não saber distingüi-las”.
Porém, há alguns problemas que precisam ser esclarecidos, ou melhor explicados, e que me impedem de enxergar os seus argumentos como refutação final do meu já tão humilde (embora feroz) anarquismo. São eles:
I Percebo alguma coisa errada, não sei bem onde, entre a afirmação de que toda ideologia é ruim, ou “todas as ideologias causam confusão[^2]”, e a proposta conservadora de “conservar o mundo da ordem que herdamos, ainda que em estado imperfeito, de nossos ancestrais[^3]”. Ora, sem precisar cair em exemplos como o do partido conservador inglês -- que conservava a política inglesa sempre onde estava, e se alternava no governo com o partido trabalhista, que a levava cada vez mais um pouco à esquerda --, está embutida nessa frase, talvez, a idéia, que ao mesmo tempo é clara e ferrenhamente combatida pelos próprios conservadores, de que a história é da humanidade é uma história de progresso linear rumo a uma situação melhor.
Querer conservar o mundo da ordem que herdamos significa conservar também os vários erros que podem ter sido cometidos pelos nossos ancestrais mais recentes, e conservá-los mesmo assim, acusando toda e qualquer tentativa de propôr soluções a esses erros de ideologia? Ou será que conservar o mundo da ordem é escolher um período determinado que seja tido como o auge da história humana e tentar restaurá-lo em nosso próprio tempo? Não seria isto ideologia?
Ou, ainda, será que conservar o mundo da ordem é selecionar, entre vários períodos do passado, alguns pedaços que o conservador considerar ótimos em cada sociedade, fazer dali uma mistura de sociedade ideal baseada no passado e então tentar implementá-la? Quem saberia dizer quais são as partes certas?
II Sobre a questão do que mantém a sociedade civil coesa, Russell Kirk, opondo-a à posição libertária de que o nexo da sociedade é o autointeresse, declara que a posição conservadora é a de que “a sociedade é uma comunidade de almas, que une os mortos, os vivos e os ainda não nascidos, e que se harmoniza por aquilo que Aristóteles chamou de amizade e os cristãos chamam de caridade ou amor ao próximo”.
Esta é uma posição muito correta, mas me parece estar em contradição com a defesa do Estado que ele faz na mesma página e na seguinte. O que me parece errado é que a sociedade não pode ser, ao mesmo tempo, uma “comunidade baseada no amor ao próximo” e uma comunidade que “requer não somente que as paixões dos indivíduos sejam subjugadas, mas que, mesmo no povo e no corpo social, bem como nos indivíduos, as inclinações dos homens, amiúde, devam ser frustradas, a vontade controlada e as paixões subjugadas” e, pior, que “isso somente pode ser feito por um poder exterior”.
Disto aí podemos tirar que, da mesma forma que Kirk define a posição libertária como sendo a de que o autointeresse é que mantém a sociedade civil coesa, a posição conservadora seria então a de que essa coesão vem apenas do Estado, e não de qualquer ligação entre vivos e mortos, ou do amor ao próximo. Já que, sem o Estado, diz, ele, citando Thomas Hobbes, a condição do homem é “solitária, pobre, sórdida, embrutecida e curta”?
[^1]: este é o nome do livro e também um outro nome que ele dá para o próprio conservadorismo (p.99). [^2]: p. 101 [^3]: p. 102
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@ 57d1a264:69f1fee1
2025-05-16 07:51:08Payjoin allows the sender and receiver of an on-chain payment to collaborate and create a transaction that breaks on-chain heuristics, allowing a more private transaction with ambiguous payment amount and UTXO ownership. Additionally, it can also be used for UTXO consolidation (receiver saves future fees) and batching payments (receiver can make payment(s) of their own in the process of receiving one), also known as transaction cut-through. Other than improved privacy, the rest of the benefits are typically applicable to the receiver, not the sender.
BIP-78 was the original payjoin protocol that required the receiver to run a endpoint/server (always online) in order to mediate the payjoin process. Payjoin adoption has remained pretty low, something attributed to the server & perpetual online-ness requirement. This is the motivation for payjoin v2.
The purpose of the one-pager is to analyse the protocol, and highlight the UX issues or tradeoffs it entails, so that the payjoin user flows can be appropriately designed and the tradeoffs likewise communicated. A further document on UX solutions might be needed to identify solutions and opportunities
The following observations are generally limited to individual users transacting through their mobile devices:
While users naturally want better privacy and fee-savings, they also want to minimise friction and minimise (optimise) payment time. These are universal and more immediate needs since they deal with the user experience.
Added manual steps
TL;DR v2 payjoin eliminates server & simultaneous user-liveness requirements (increasing TAM, and opportunities to payjoin, as a result) by adding manual steps.
Usually, the extent of the receiver's involvement in the transaction process is limited to sharing their address with the sender. Once they share the address/URI, they can basically forget about it. In the target scenario for v2 payjoin, the receiver must come online again (except they have no way of knowing "when") to contribute input(s) and sign the PSBT. This can be unexpected, unintuitive and a bit of a hassle.
Usually (and even with payjoin v1), the sender crafts and broadcasts the transaction in one go; meaning the user's job is done within a few seconds/minutes. With payjoin v2, they must share the original-PSBT with the receiver, and then wait for them to do their part. Once the the receiver has done that, the sender must come online to review the transaction, sign it & broadcast.
In summary,
In payjoin v1, step 3 is automated and instant, so delay 2, 3 =~ 0. As the user experiences it, the process is completed in a single session, akin to a non-payjoin transaction.
With payjoin v2, Steps 2 & 3 in the above diagram are widely spread and noticeable. These manual steps are separated by uncertain delays (more on that below) when compared to a non-payjoin transaction.
Delays
We've established that both senders and receivers must take extra manual steps to execute a payoin transaction. With payjoin v2, this process gets split into multiple sessions, since the sender and receiver are not like to be online simultaneously.
Delay 2 & 3 (see diagram above) are uncertain in nature. Most users do not open their bitcoin wallets for days or weeks! The receiver must come online before the timeout hits in order for the payjoin process to work, otherwise time is just wasted with no benefit. UX or technical solutions are needed to minimise these delays.
Delays might be exacerbated if the setup is based on hardware wallet and/or uses multisig.
Notifications or background processes
There is one major problem when we say "the user must come online to..." but in reality the user has no way of knowing there is a payjoin PSBT waiting for them. After a PSBT is sent to the relay, the opposite user would only find out about it whenever they happen to come online. Notifications and background sync processes might be necessary to minimise delays. This is absolutely essential to avert timeouts in addition to saving valuable time. Another risk is phantom payjoin stuff after the timeout is expired if receiver-side does not know it has.
Fee Savings
The following observations might be generally applicable for both original and this v2 payjoin version. Fee-savings with payjoin is a tricky topic. Of course, overall a payjoin transaction is always cheaper than 2 separate transactions, since they get to share the overhead.
Additionally, without the receiver contributing to fees, the chosen fee rate of the PSBT (at the beginning) drops, and can lead to slower confirmation. From another perspective, a sender paying with payjoin pays higher fees for similar confirmation target. This has been observed in a production wallet years back. Given that total transaction time can extend to days, the fee environment itself might change, and all this must be considered when designing the UX.
Of course, there is nothing stopping the receiver from contributing to fees, but this idea is likely entirely novel to the bitcoin ecosystem (perhaps payments ecosystem in general) and the user base. Additionally, nominally it involves the user paying fees and tolerating delays just to receive bitcoin. Without explicit incentives/features that encourage receivers to participate, payjoining might seem like an unncessary hassle.
Overall, it seems that payjoin makes UX significant tradeoffs for important privacy (and potential fee-saving) benefits. This means that the UX might have to do significant heavy-lifting, to ensure that users are not surprised, confused or frustrated when they try to transact on-chain in a privacy-friendly feature. Good, timely communication, new features for consolidation & txn-cutthrough and guided user flows seem crucial to ensure payjoin adoption and for help make on-chain privacy a reality for users.
---------------
Original document available here. Reach out at
yashrajdca@proton.me
,y_a_s_h_r_a_j.70
on Signal, or on reach out in Bitcoin Design discord.https://stacker.news/items/981388
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28A command line utility to create and manage personal graphs, then write them to dot and make images with graphviz.
It manages a bunch of YAML files, one for each entity in the graph. Each file lists the incoming and outgoing links it has (could have listen only the outgoing, now that I'm tihnking about it).
Each run of the tool lets you select from existing nodes or add new ones to generate a single link type from one to one, one to many, many to one or many to many -- then updates the YAML files accordingly.
It also includes a command that generates graphs with graphviz, and it can accept a template file that lets you customize the
dot
that is generated and thus the graphviz graph.rel
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@ dfa02707:41ca50e3
2025-05-24 05:00:55Contribute to keep No Bullshit Bitcoin news going.
- "Today we're launching the beta version of our multiplatform Nostr browser! Think Google Chrome but for Nostr apps. The beta is our big first step toward this vision," announced Damus.
- This version comes with the Dave Nostr AI assistant, support for zaps and the Nostr Wallet Connect (NWC) wallet interface, full-text note search, GIFs and fullscreen images, multiple media uploads, user tagging, relay list and mute list support, along with a number of other improvements."
"Included in the beta is the Dave, the Nostr AI assistant (its Grok for Nostr). Dave is a new Notedeck browser app that can search and summarize notes from the network. For a full breakdown of everything new, check out our beta launch video."
What's new
- Dave Nostr AI assistant app.
- GIFs.
- Fulltext note search.
- Add full screen images, add zoom, and pan.
- Zaps! NWC/ Wallet UI.
- Introduce last note per pubkey feed (experimental).
- Allow multiple media uploads per selection.
- Major Android improvements (still WIP).
- Added notedeck app sidebar.
- User Tagging.
- Note truncation.
- Local network note broadcast, broadcast notes to other notedeck notes while you're offline.
- Mute list support (reading).
- Relay list support.
- Ctrl-enter to send notes.
- Added relay indexing (relay columns soon).
- Click hashtags to open hashtag timeline.
- Fixed timelines sometimes not updating (stale feeds).
- Fixed UI bounciness when loading profile pictures
- Fixed unselectable post replies.
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28GraphQL vs REST
Today I saw this: https://github.com/stickfigure/blog/wiki/How-to-(and-how-not-to)-design-REST-APIs
And it reminded me why GraphQL is so much better.
It has also reminded me why HTTP is so confusing and awful as a protocol, especially as a protocol for structured data APIs, with all its status codes and headers and bodies and querystrings and content-types -- but let's not talk about that for now.
People complain about GraphQL being great for frontend developers and bad for backend developers, but I don't know who are these people that apparently love reading guides like the one above of how to properly construct ad-hoc path routers, decide how to properly build the JSON, what to include and in which circumstance, what status codes and headers to use, all without having any idea of what the frontend or the API consumer will want to do with their data.
It is a much less stressful environment that one in which we can just actually perform the task and fit the data in a preexistent schema with types and a structure that we don't have to decide again and again while anticipating with very incomplete knowledge the usage of an extraneous person -- i.e., an environment with GraphQL, or something like GraphQL.
By the way, I know there are some people that say that these HTTP JSON APIs are not the real REST, but that is irrelevant for now.
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@ 57d1a264:69f1fee1
2025-05-16 05:38:28LegoGPT generates a LEGO structure from a user-provided text prompt in an end-to-end manner. Notably, our generated LEGO structure is physically stable and buildable.
Lego is something most of us knows. This is a opportuity to ask where is our creativity going? From the art of crafting figures to building blocks following our need and desires to have a machine thinking and building following step-by-step instructions to achieve an isolated goal.
Is the creative act then in the question itself, not anymore in the crafting? Are we just delegating the solution of problems, the thinking of how to respond to questions, to machines? Would it be different if delegated to other people?
Source: https://avalovelace1.github.io/LegoGPT/
https://stacker.news/items/981336
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@ dfa02707:41ca50e3
2025-05-24 05:00:54Contribute to keep No Bullshit Bitcoin news going.
- This release introduces Payjoin v2 functionality to Bitcoin wallets on Cake, along with several UI/UX improvements and bug fixes.
- The Payjoin v2 protocol enables asynchronous, serverless coordination between sender and receiver, removing the need to be online simultaneously or maintain a server. This simplifies privacy-focused transactions for regular users.
"I cannot speak highly enough of how amazing it has been to work with @bitgould and Jaad from the@payjoindevkit team, they're doing incredible work. None of this would be possible without them and their tireless efforts. PDK made it so much easier to ship Payjoin v2 than it would have been otherwise, and I can't wait to see other wallets jump in and give back to PDK as they implement it like we did," said Seth For Privacy, VP at Cake Wallet.
How to started with Payjoin in Cake Wallet:
- Open the app menu sidebar and click
Privacy
. - Toggle the
Use Payjoin
option. - Now on your receive screen you'll see an option to copy a Payjoin URL
- Bull Bitcoin Wallet v0.4.0 introduced Payjoin v2 support in late December 2024. However, the current implementations are not interoperable at the moment, an issue that should be addressed in the next release of the Bull Bitcoin Wallet.
- Cake Wallet was one of the first wallets to introduce Silent Payments back in May 2024. However, users may encounter sync issues while using this feature at present, which will be resolved in the next release of Cake Wallet.
What's new
- Payjoin v2 implementation.
- Wallet group improvements: Enhanced management of multiple wallets.
- Various bug fixes: improving overall stability and user experience.
- Monero (XMR) enhancements.
Learn more about using, implementing, and understanding BIP 77: Payjoin Version 2 using the
payjoin
crate in Payjoin Dev Kit here. -
@ 57d1a264:69f1fee1
2025-05-14 09:48:43Just another Ecash nutsnote design is a ew template for brrr.gandlaf.com cashu tocken printing machine and honoring Ecash ideator David Lee Chaum. Despite the turn the initial project took, we would not have Ecash today without his pioneering approach in cryptography and privacy-preserving technologies.
A simple KISS (Keep It Super Simple) Ecash nutsnote delivered as SVG, nothing fancy, designed in PenPot, an open source design tool, for slides, presentations, mockups and interactive prototypes.
Here Just another Nutsnote's current state, together with some snapshots along the process. Your feedback is more than welcome.
https://design.penpot.app/#/view?file-id=749aaa04-8836-81c6-8006-0b29916ec156&page-id=749aaa04-8836-81c6-8006-0b29916ec157§ion=interactions&index=0&share-id=addba4d5-28a4-8022-8006-2ecc4316ebb2
originally posted at https://stacker.news/items/979728
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@ 348e7eb2:3b0b9790
2025-05-24 05:00:33Nostr-Konto erstellen - funktioniert mit Hex
Was der Button macht
Der folgende Code fügt einen Button hinzu, der per Klick einen Nostr-Anmeldedialog öffnet. Alle Schritte sind im Code selbst ausführlich kommentiert.
```html
```
Erläuterungen:
- Dynamisches Nachladen: Das Script
modal.js
wird nur bei Klick nachgeladen, um Fehlermeldungen beim Initial-Load zu vermeiden. -
Parameter im Überblick:
-
baseUrl
: Quelle für API und Assets. an
: App-Name für den Modal-Header.aa
: Farbakzent (Foerbico-Farbe als Hex).al
: Sprache des Interfaces.am
: Licht- oder Dunkelmodus.afb/asb
: Bunker-Modi für erhöhten Datenschutz.aan/aac
: Steuerung der Rückgabe privater Schlüssel.arr/awr
: Primal Relay als Lese- und Schreib-Relay.-
Callbacks:
-
onComplete
: Schließt das Modal, zeigt eine Bestätigung und bietet die Weiterleitung zu Primal an. onCancel
: Schließt das Modal und protokolliert den Abbruch.
Damit ist der gesamte Code sichtbar, kommentiert und erklärt.
- Dynamisches Nachladen: Das Script
-
@ 3bf0c63f:aefa459d
2024-01-14 13:55:28nostr - Notes and Other Stuff Transmitted by Relays
The simplest open protocol that is able to create a censorship-resistant global "social" network once and for all.
It doesn't rely on any trusted central server, hence it is resilient; it is based on cryptographic keys and signatures, so it is tamperproof; it does not rely on P2P techniques, therefore it works.
Very short summary of how it works, if you don't plan to read anything else:
Everybody runs a client. It can be a native client, a web client, etc. To publish something, you write a post, sign it with your key and send it to multiple relays (servers hosted by someone else, or yourself). To get updates from other people, you ask multiple relays if they know anything about these other people. Anyone can run a relay. A relay is very simple and dumb. It does nothing besides accepting posts from some people and forwarding to others. Relays don't have to be trusted. Signatures are verified on the client side.
This is needed because other solutions are broken:
The problem with Twitter
- Twitter has ads;
- Twitter uses bizarre techniques to keep you addicted;
- Twitter doesn't show an actual historical feed from people you follow;
- Twitter bans people;
- Twitter shadowbans people.
- Twitter has a lot of spam.
The problem with Mastodon and similar programs
- User identities are attached to domain names controlled by third-parties;
- Server owners can ban you, just like Twitter; Server owners can also block other servers;
- Migration between servers is an afterthought and can only be accomplished if servers cooperate. It doesn't work in an adversarial environment (all followers are lost);
- There are no clear incentives to run servers, therefore they tend to be run by enthusiasts and people who want to have their name attached to a cool domain. Then, users are subject to the despotism of a single person, which is often worse than that of a big company like Twitter, and they can't migrate out;
- Since servers tend to be run amateurishly, they are often abandoned after a while — which is effectively the same as banning everybody;
- It doesn't make sense to have a ton of servers if updates from every server will have to be painfully pushed (and saved!) to a ton of other servers. This point is exacerbated by the fact that servers tend to exist in huge numbers, therefore more data has to be passed to more places more often;
- For the specific example of video sharing, ActivityPub enthusiasts realized it would be completely impossible to transmit video from server to server the way text notes are, so they decided to keep the video hosted only from the single instance where it was posted to, which is similar to the Nostr approach.
The problem with SSB (Secure Scuttlebutt)
- It doesn't have many problems. I think it's great. In fact, I was going to use it as a basis for this, but
- its protocol is too complicated because it wasn't thought about being an open protocol at all. It was just written in JavaScript in probably a quick way to solve a specific problem and grew from that, therefore it has weird and unnecessary quirks like signing a JSON string which must strictly follow the rules of ECMA-262 6th Edition;
- It insists on having a chain of updates from a single user, which feels unnecessary to me and something that adds bloat and rigidity to the thing — each server/user needs to store all the chain of posts to be sure the new one is valid. Why? (Maybe they have a good reason);
- It is not as simple as Nostr, as it was primarily made for P2P syncing, with "pubs" being an afterthought;
- Still, it may be worth considering using SSB instead of this custom protocol and just adapting it to the client-relay server model, because reusing a standard is always better than trying to get people in a new one.
The problem with other solutions that require everybody to run their own server
- They require everybody to run their own server;
- Sometimes people can still be censored in these because domain names can be censored.
How does Nostr work?
- There are two components: clients and relays. Each user runs a client. Anyone can run a relay.
- Every user is identified by a public key. Every post is signed. Every client validates these signatures.
- Clients fetch data from relays of their choice and publish data to other relays of their choice. A relay doesn't talk to another relay, only directly to users.
- For example, to "follow" someone a user just instructs their client to query the relays it knows for posts from that public key.
- On startup, a client queries data from all relays it knows for all users it follows (for example, all updates from the last day), then displays that data to the user chronologically.
- A "post" can contain any kind of structured data, but the most used ones are going to find their way into the standard so all clients and relays can handle them seamlessly.
How does it solve the problems the networks above can't?
- Users getting banned and servers being closed
- A relay can block a user from publishing anything there, but that has no effect on them as they can still publish to other relays. Since users are identified by a public key, they don't lose their identities and their follower base when they get banned.
- Instead of requiring users to manually type new relay addresses (although this should also be supported), whenever someone you're following posts a server recommendation, the client should automatically add that to the list of relays it will query.
- If someone is using a relay to publish their data but wants to migrate to another one, they can publish a server recommendation to that previous relay and go;
- If someone gets banned from many relays such that they can't get their server recommendations broadcasted, they may still let some close friends know through other means with which relay they are publishing now. Then, these close friends can publish server recommendations to that new server, and slowly, the old follower base of the banned user will begin finding their posts again from the new relay.
-
All of the above is valid too for when a relay ceases its operations.
-
Censorship-resistance
- Each user can publish their updates to any number of relays.
-
A relay can charge a fee (the negotiation of that fee is outside of the protocol for now) from users to publish there, which ensures censorship-resistance (there will always be some Russian server willing to take your money in exchange for serving your posts).
-
Spam
-
If spam is a concern for a relay, it can require payment for publication or some other form of authentication, such as an email address or phone, and associate these internally with a pubkey that then gets to publish to that relay — or other anti-spam techniques, like hashcash or captchas. If a relay is being used as a spam vector, it can easily be unlisted by clients, which can continue to fetch updates from other relays.
-
Data storage
- For the network to stay healthy, there is no need for hundreds of active relays. In fact, it can work just fine with just a handful, given the fact that new relays can be created and spread through the network easily in case the existing relays start misbehaving. Therefore, the amount of data storage required, in general, is relatively less than Mastodon or similar software.
-
Or considering a different outcome: one in which there exist hundreds of niche relays run by amateurs, each relaying updates from a small group of users. The architecture scales just as well: data is sent from users to a single server, and from that server directly to the users who will consume that. It doesn't have to be stored by anyone else. In this situation, it is not a big burden for any single server to process updates from others, and having amateur servers is not a problem.
-
Video and other heavy content
-
It's easy for a relay to reject large content, or to charge for accepting and hosting large content. When information and incentives are clear, it's easy for the market forces to solve the problem.
-
Techniques to trick the user
- Each client can decide how to best show posts to users, so there is always the option of just consuming what you want in the manner you want — from using an AI to decide the order of the updates you'll see to just reading them in chronological order.
FAQ
- This is very simple. Why hasn't anyone done it before?
I don't know, but I imagine it has to do with the fact that people making social networks are either companies wanting to make money or P2P activists who want to make a thing completely without servers. They both fail to see the specific mix of both worlds that Nostr uses.
- How do I find people to follow?
First, you must know them and get their public key somehow, either by asking or by seeing it referenced somewhere. Once you're inside a Nostr social network you'll be able to see them interacting with other people and then you can also start following and interacting with these others.
- How do I find relays? What happens if I'm not connected to the same relays someone else is?
You won't be able to communicate with that person. But there are hints on events that can be used so that your client software (or you, manually) knows how to connect to the other person's relay and interact with them. There are other ideas on how to solve this too in the future but we can't ever promise perfect reachability, no protocol can.
- Can I know how many people are following me?
No, but you can get some estimates if relays cooperate in an extra-protocol way.
- What incentive is there for people to run relays?
The question is misleading. It assumes that relays are free dumb pipes that exist such that people can move data around through them. In this case yes, the incentives would not exist. This in fact could be said of DHT nodes in all other p2p network stacks: what incentive is there for people to run DHT nodes?
- Nostr enables you to move between server relays or use multiple relays but if these relays are just on AWS or Azure what’s the difference?
There are literally thousands of VPS providers scattered all around the globe today, there is not only AWS or Azure. AWS or Azure are exactly the providers used by single centralized service providers that need a lot of scale, and even then not just these two. For smaller relay servers any VPS will do the job very well.
-
@ 57d1a264:69f1fee1
2025-05-14 06:48:45Has the architect Greg Chasen considered it when rebuilding the house just one year before the catastrophe? Apparently not! Another of his projects was featured on the Value of Architecture as properties with design integrity.
This is a super interesting subject. The historic character, livability, and modern disaster-resistance is a triangle where you often have to pick just one or two, which leads to some tough decisions that have major impacts on families and communities. Like one of the things he mentions is that the architect completely eliminated plants from the property. That's great for fire resistance, but not so great for other things if the entire town decides to go the same route (which he does bring up later in the video). I don't think there's any objectively right answer, but definitely lots of good (and important) discussion points to be had.
https://www.youtube.com/watch?v=cbl_1qfsFXk
originally posted at https://stacker.news/items/979653
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28LessPass remoteStorage
LessPass is a nice idea: a password manager without any state. Just remember one master password and you can generate a different one for every site using the power of hashes.
But it has a very bad issue: some sites require just numbers, others have a minimum or maximum character limits, some require non-letter characters, uppercase characters, others forbid these and so on.
The solution: to allow you to specify parameters when generating the password so you can fit a generated password on every service.
The problem with the solution: it creates state. Now you must remember what parameters you used when generating a password for each site.
This was a way to store these settings on a remoteStorage bucket. Since it isn't confidential information in any way, that wasn't a problem, and I thought it was a good fit for remoteStorage.
Some time later I realized it maybe would be better to have a centralized repository hosting all weird requirements for passwords each domain forced on its users, and let LessPass use data from that central place when generating a password. Still stateful, not ideal, not very far from a centralized password manager, but still requiring less trust and less cryptographic assumptions.
- https://github.com/fiatjaf/lesspass-remotestorage
- https://addons.mozilla.org/firefox/addon/lesspass-remotestorage/
- https://chrome.google.com/webstore/detail/lesspass-remotestorage/aogdpopejodechblppdkpiimchbmdcmc
- https://lesspass.alhur.es/
See also
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@ 57d1a264:69f1fee1
2025-05-14 06:12:19We asked members of the design community to choose an artifact that embodies craft—something that speaks to their understanding of what it means to make with intention. Here’s what they shared.
A vintage puzzle box, a perfectly tuned guitar, an AI-powered poetry camera. A daiquiri mixed with precision. A spreadsheet that still haunts muscle memory. Each artifact tells a story: not just about the thing itself, but about the choices of the creator behind it. What to refine, what to leave raw. When to push forward, when to let go. Whether built to last for generations or designed to delight in a fleeting moment, the common thread is that great craft doesn’t happen by accident. It’s made.
On the application of craft
Even the most experienced makers can benefit from building structure and intention into their practice. From sharpening your storytelling to designing quality products, these pieces offer practical ways to uplevel your craft.
Read more at https://www.figma.com/blog/craft-artifacts/
originally posted at https://stacker.news/items/979644
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@ 06830f6c:34da40c5
2025-05-24 04:21:03The evolution of development environments is incredibly rich and complex and reflects a continuous drive towards greater efficiency, consistency, isolation, and collaboration. It's a story of abstracting away complexity and standardizing workflows.
Phase 1: The Bare Metal & Manual Era (Early 1970s - Late 1990s)
-
Direct OS Interaction / Bare Metal Development:
- Description: Developers worked directly on the operating system's command line or a basic text editor. Installation of compilers, interpreters, and libraries was a manual, often arcane process involving downloading archives, compiling from source, and setting environment variables. "Configuration drift" (differences between developer machines) was the norm.
- Tools: Text editors (Vi, Emacs), command-line compilers (GCC), Makefiles.
- Challenges: Extremely high setup time, dependency hell, "works on my machine" syndrome, difficult onboarding for new developers, lack of reproducibility. Version control was primitive (e.g., RCS, SCCS).
-
Integrated Development Environments (IDEs) - Initial Emergence:
- Description: Early IDEs (like Turbo Pascal, Microsoft Visual Basic) began to integrate editors, compilers, debuggers, and sometimes GUI builders into a single application. This was a massive leap in developer convenience.
- Tools: Turbo Pascal, Visual Basic, early Visual Studio versions.
- Advancement: Improved developer productivity, streamlined common tasks. Still relied on local system dependencies.
Phase 2: Towards Dependency Management & Local Reproducibility (Late 1990s - Mid-2000s)
-
Basic Build Tools & Dependency Resolvers (Pre-Package Managers):
- Description: As projects grew, manual dependency tracking became impossible. Tools like Ant (Java) and early versions of
autoconf
/make
for C/C++ helped automate the compilation and linking process, managing some dependencies. - Tools: Apache Ant, GNU Autotools.
- Advancement: Automated build processes, rudimentary dependency linking. Still not comprehensive environment management.
- Description: As projects grew, manual dependency tracking became impossible. Tools like Ant (Java) and early versions of
-
Language-Specific Package Managers:
- Description: A significant leap was the emergence of language-specific package managers that could fetch, install, and manage libraries and frameworks declared in a project's manifest file. Examples include Maven (Java), npm (Node.js), pip (Python), RubyGems (Ruby), Composer (PHP).
- Tools: Maven, npm, pip, RubyGems, Composer.
- Advancement: Dramatically simplified dependency resolution, improved intra-project reproducibility.
- Limitation: Managed language-level dependencies, but not system-level dependencies or the underlying OS environment. Conflicts between projects on the same machine (e.g., Project A needs Python 2.7, Project B needs Python 3.9) were common.
Phase 3: Environment Isolation & Portability (Mid-2000s - Early 2010s)
-
Virtual Machines (VMs) for Development:
- Description: To address the "it works on my machine" problem stemming from OS-level and system-level differences, developers started using VMs. Tools like VMware Workstation, VirtualBox, and later Vagrant (which automated VM provisioning) allowed developers to encapsulate an entire OS and its dependencies for a project.
- Tools: VMware, VirtualBox, Vagrant.
- Advancement: Achieved strong isolation and environment reproducibility (a true "single environment" for a project).
- Limitations: Resource-heavy (each VM consumed significant CPU, RAM, disk space), slow to provision and boot, difficult to share large VM images.
-
Early Automation & Provisioning Tools:
- Description: Alongside VMs, configuration management tools started being used to automate environment setup within VMs or on servers. This helped define environments as code, making them more consistent.
- Tools: Chef, Puppet, Ansible.
- Advancement: Automated provisioning, leading to more consistent environments, often used in conjunction with VMs.
Phase 4: The Container Revolution & Orchestration (Early 2010s - Present)
-
Containerization (Docker):
- Description: Docker popularized Linux Containers (LXC), offering a lightweight, portable, and efficient alternative to VMs. Containers package an application and all its dependencies into a self-contained unit that shares the host OS kernel. This drastically reduced resource overhead and startup times compared to VMs.
- Tools: Docker.
- Advancement: Unprecedented consistency from development to production (Dev/Prod Parity), rapid provisioning, highly efficient resource use. Became the de-facto standard for packaging applications.
-
Container Orchestration:
- Description: As microservices and container adoption grew, managing hundreds or thousands of containers became a new challenge. Orchestration platforms automated the deployment, scaling, healing, and networking of containers across clusters of machines.
- Tools: Kubernetes, Docker Swarm, Apache Mesos.
- Advancement: Enabled scalable, resilient, and complex distributed systems development and deployment. The "environment" started encompassing the entire cluster.
Phase 5: Cloud-Native, Serverless & Intelligent Environments (Present - Future)
-
Cloud-Native Development:
- Description: Leveraging cloud services (managed databases, message queues, serverless functions) directly within the development workflow. Developers focus on application logic, offloading infrastructure management to cloud providers. Containers become a key deployment unit in this paradigm.
- Tools: AWS Lambda, Azure Functions, Google Cloud Run, cloud-managed databases.
- Advancement: Reduced operational overhead, increased focus on business logic, highly scalable deployments.
-
Remote Development & Cloud-Based IDEs:
- Description: The full development environment (editor, terminal, debugger, code) can now reside in the cloud, accessed via a thin client or web browser. This means developers can work from any device, anywhere, with powerful cloud resources backing their environment.
- Tools: GitHub Codespaces, Gitpod, AWS Cloud9, VS Code Remote Development.
- Advancement: Instant onboarding, consistent remote environments, access to high-spec machines regardless of local hardware, enhanced security.
-
Declarative & AI-Assisted Environments (The Near Future):
- Description: Development environments will become even more declarative, where developers specify what they need, and AI/automation tools provision and maintain it. AI will proactively identify dependency issues, optimize resource usage, suggest code snippets, and perform automated testing within the environment.
- Tools: Next-gen dev container specifications, AI agents integrated into IDEs and CI/CD pipelines.
- Prediction: Near-zero environment setup time, self-healing environments, proactive problem identification, truly seamless collaboration.
web3 #computing #cloud #devstr
-
-
@ 57d1a264:69f1fee1
2025-05-14 05:56:15Shanghai: Bus Stops Here
A new crowd-sourced transit platform allows riders to propose, vote on, and activate new bus lines in as little as three days.
From early-morning school drop-offs to seniors booking rides to the hospital, from suburban commuters seeking a faster link to the metro to families visiting ancestral graves, Shanghai is rolling out a new kind of public bus — one that’s designed by commuters, and launched only when enough riders request it.
Branded “DZ” for dingzhi, or “customized,” the system invites residents to submit proposed routes through a city-run platform. Others with similar travel needs can opt in or vote, and if demand meets the threshold — typically 15 to 20 passengers per trip — the route goes live.
More than 220 DZ routes have already launched across all 16 city districts. Through an online platform opened May 8, users enter start and end points, preferred times, and trip frequency. If approved, routes can begin running in as little as three days.
Continue reading at https://www.sixthtone.com/news/1017072
originally posted at https://stacker.news/items/979637
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28idea: Custom multi-use database app
Since 2015 I have this idea of making one app that could be repurposed into a full-fledged app for all kinds of uses, like powering small businesses accounts and so on. Hackable and open as an Excel file, but more efficient, without the hassle of making tables and also using ids and indexes under the hood so different kinds of things can be related together in various ways.
It is not a concrete thing, just a generic idea that has taken multiple forms along the years and may take others in the future. I've made quite a few attempts at implementing it, but never finished any.
I used to refer to it as a "multidimensional spreadsheet".
Can also be related to DabbleDB.
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@ 04c3c1a5:a94cf83d
2025-05-13 16:49:23Testing Testing Testing
This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test This is just a test this is just a test this is just a test
nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg7waehxw309anx2etywvhxummnw3ezucnpdejz7ur0wp6kcctjqqspywh6ulgc0w3k6mwum97m7jkvtxh0lcjr77p9jtlc7f0d27wlxpslwvhau
| | | | | ------------------------ | - | - | | Quick'hthbdoiwenweuifier | | | | 1. Little | | |
ghtgehg
gwefjieqhf
MUCH BETTER
-
@ 3bf0c63f:aefa459d
2024-01-14 13:55:28A estrutura lógica do livro didático
Todos os livros didáticos e cursos expõem seus conteúdos a partir de uma organização lógica prévia, um esquema de todo o conteúdo que julgam relevante, tudo muito organizadinho em tópicos e subtópicos segundo a ordem lógica que mais se aproxima da ordem natural das coisas. Imagine um sumário de um manual ou livro didático.
A minha experiência é a de que esse método serve muito bem para ninguém entender nada. A organização lógica perfeita de um campo de conhecimento é o resultado final de um estudo, não o seu início. As pessoas que escrevem esses manuais e dão esses cursos, mesmo quando sabem do que estão falando (um acontecimento aparentemente raro), o fazem a partir do seu próprio ponto de vista, atingido após uma vida de dedicação ao assunto (ou então copiando outros manuais e livros didáticos, o que eu chutaria que é o método mais comum).
Para o neófito, a melhor maneira de entender algo é através de imersões em micro-tópicos, sem muita noção da posição daquele tópico na hierarquia geral da ciência.
- Revista Educativa, um exemplo de como não ensinar nada às crianças.
- Zettelkasten, a ordem surgindo do caos, ao invés de temas se encaixando numa ordem preexistentes.
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@ 9ca447d2:fbf5a36d
2025-05-24 04:02:07JPMorgan Chase, the biggest bank in the U.S., is now allowing its clients to buy bitcoin — a big change of heart for an institution whose CEO, Jamie Dimon, has been a long-time critic of the scarce digital asset.
Dimon made the announcement on the bank’s investor day, which came as a shift in JPMorgan’s approach to digital assets. “We are going to allow you to buy it,” he said. “We’re not going to custody it. We’re going to put it in statements for clients.”
That means clients can buy BTC through JPMorgan but the bank won’t hold or store the digital asset. Instead it will provide access and include the BTC purchases in client statements.
According to multiple reports and posts, JPMorgan has been blocking transactions from digital asset exchanges, with several people complaining about their experience on social media.
There is even an official notice on the company’s UK website that explicitly says customers cannot use their funds to purchase digital assets.
JPMorgan Chase UK website — Source
It’s a big change because Dimon has been one of Bitcoin’s biggest critics. Over the years he’s called it “worthless”, a “fraud” and even compared it to a “pet rock”.
He’s repeatedly expressed concern over digital assets’ use in illegal activities such as money laundering, terrorism, sex trafficking and tax evasion. A role that his critics say the U.S. dollar is playing on a much larger scale.
Related: Jamie Dimon Would “Close Down” Bitcoin If He Had Government Role
“The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance,” he told lawmakers during a Senate hearing in 2023. At the 2024 World Economic Forum in Davos, he doubled down, “Bitcoin does nothing. I call it the pet rock.”
Despite his personal views, Dimon says the bank is responding to client demand. “I don’t think you should smoke, but I defend your right to smoke,” he said. “I defend your right to buy bitcoin.”
It’s worth noting JPMorgan isn’t fully embracing digital assets. The bank won’t be offering direct custody services or launching its own exchange.
Instead, it’s offering access to digital asset exchanges. There are even reports that the bank also plans to facilitate access to bitcoin ETFs and possibly other investment vehicles. Until recently, JPMorgan had limited its bitcoin exposure to futures-based products.
Other big financial firms have already taken similar steps.
Morgan Stanley, for example, has been offering some clients access to bitcoin ETFs since August 2024. Its CEO, Ted Pick, said earlier this year that the firm is working closely with regulators to explore ways to get into the digital assets space.
Dimon does like blockchain, though — the technology that underpins it. JPMorgan has its own blockchain projects including JPM Coin and recently ran a test transaction on a public blockchain of tokenized U.S. Treasuries.
Many criticize this view, saying that the most powerful aspect of Bitcoin is its decentralization. So, a centralized blockchain is just useless. This might be the reason Dimon has grown weary of all JPMorgan’s blockchain initiatives, because they offered nothing of value.
He said he might have given blockchain too much credit during his investor day comments: “We have been talking about blockchain for 12 to 15 years,” he said. “We spend too much on it. It doesn’t matter as much as you all think.”
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@ 5391098c:74403a0e
2025-05-13 16:47:48(Textículo em prosa erudita sobre a Ideologia Anarco-Capitalista-Cristã)
https://davipinheiro.com/01-escravos-da-cara-inchada/
A cultura #Woke apropriou-se da imagem sobre a #escravidão. Quando uma pessoa aculturada imagina um #escravo, vem em sua mente a imagem de um ser humano negro, magro e flagelado. Para quem enxerga além das cortinas da mentira, vem em sua mente a imagem de um ser humano de qualquer etnia, gordo e doente.
Democracia, péssimo regime de governo assim classificado pelo seu próprio idealizador: Platão em A República, é o grito da hienas de dentes arreganhados para ampliação do regime escravocrata fomentado pelos #GlobalistasSatanistas.
Um escravo da cara inchada é todo aquele ser humano ignorante inconsciente que alimenta esse sistema em troca de intoxicantes como flúor¹, cloro, glutamato monosódico, gordura trans, corantes, conservantes, refrigerantes, bebidas alcoólicas, psicotrópicos e remédios sintomáticos, tudo embrulhado com mentiras reiteradas.
Como consequência, após os 18 anos de idade o corpo do #EscravoDaCaraInchada sucumbe à tamanha intoxicação e passa a inchar, sendo fisicamente perceptível sua condição de escravo da cara inchada tanto à olho nú quando por reconhecimento facial de qualquer pseudo inteligência artificial.
O círculo vicioso da #EscravidaoDemocratica é tão simples e tosco como o “pão e circo romano”, Mesmo assim é muito difícil para o escravo da cara inchada perceber a própria condição tamanha é sua intoxicação física e mental.
Se um Anarco-Capitalista-Cristão (#Ancapcristão) chega para um escravo da cara inchada e explica sobre esses intoxicantes como instrumento de escravização, dificilmente o escravo da cara inchada irá acreditar pois diferentemente do antigo e aposentado chicote, o novo instrumento da escravidão não dói de imediato e os próprios efeitos da intoxicação impedem-no de raciocinar com clareza.
Portanto, para que os #GlobalistasSatanistas obtivessem sucesso na democratização da escravidão, tiveram que criar um chicote químico e uma ideologia favorável. Quanto às etapas utilizadas para formação dessa ideologia no inconsciente coletivo passo a elencar as 6 grandes mentiras em ordem cronológica:
(1ª etapa) Iluminismo: distanciamento de #Deus e seus ensinamentos, criação de sociedades secretas, exacerbação do ser humano perante o criador na tentativa de projetar o ser humano como seu próprio deus, tornando-o responsável sobre os rumos naturais do planeta. Assim formou-se a base ideológica para o materialismo, ambientalismo, feminismo, controle populacional e ideologia de gêneros;
(2ª etapa) Materialismo: perda do propósito espiritual e do sentido da vida², o que passa a importar são apenas as coisas materiais, acima inclusive do próprio ser humano. A perpetuação da espécie também fica em segundo plano. Assim formou-se a base ideológica para o ambientalismo, feminismo, controle populacional e ideologia de gêneros;
(3ª etapa) Ambientalismo: redução do ser humano à mero câncer do planeta superlotado, atribuído-lhe a responsabilidade por qualquer desastre natural. Assim formou-se a base ideológica para o controle populacional e ideologia de gêneros;
(4ª etapa) Feminismo: enfraquecimento do ser humano por meio da sua divisão em duas categorias: macho e fêmea, os quais são inimigos e não cooperadores. A ideia de igualdade de gêneros é tão antagônica que beira ao conflito cognitivo³: Eles querem separar para dizer que são iguais... Ora, como não pode haver diferenças entre os gêneros se eles são fisicamente e mentalmente diferentes? Nesse diapasão, mesmo não sendo os estados nacionais os arquitetos da escravidão democrática e sim meros fantoches dos globalistas satanistas, o voto feminino foi fundamental para aprovação de leis misândricas com o fito de acelerar a destruição da base familiar do escravo da cara inchada. Importante mencionar que a base familiar dos globalistas satanistas continua sendo patriarcal. Assim formou-se a base ideológica para o controle populacional e ideologia de gêneros;
(5ª etapa) Controle Populacional: “Crescei e multiplicai-vos” é o caralho, Deus não sabe de nada (Iluminismo), o que importa é o dinheiro e filho é caro (Materialismo), para que colocar mais um ser humano nesse planeta doente e superlotado (Ambientalismo), além disso o sexo oposto é meu inimigo (Feminismo). Essa é base ideológica que antecede a ideologia de Controle Populacional, ainda reforçada pela apologia à castração, já que em todas as mídias produzidas com patrocínio oculto de capital globalista satanista tentam normalizar a castração do homem (perda da capacidade de reprodução) desde em desenhos infantis até grandes produções cinematográficas, ora em tom de humor ora em tom de tortura. Assim os escravos da cara inchada do sexo masculino perderam sua identidade, essência e desejo de ser o que são, formando-se a base ideológica para o homossexualismo, ou seja, para a ideologia de gêneros.
(6ª etapa) Ideologia de Gêneros: É a cereja do bolo para os planos do Diabo (Anjo invejoso de Deus que quer destruir a maior criação: nós). Enquanto os globalistas satanistas, dentro de sua sábia ignorância, acreditam estarem chefiando a democratização da escravidão, na verdade também não passam de meros fantoches do Anjo Caído. Com a sexta e última etapa de mentiras para extinção da humanidade (#apocalipse) posta em prática através da Ideologia de Gêneros, fecha-se o ciclo vicioso de mentiras que se auto justificam: Se #Deus não presta, o que vale são os bens materiais, o ser humano é um câncer no planeta, o sexo oposto é inimigo e ter filhos é uma péssima ideia e ser homem másculo é crime, então ser #homossexual é a melhor opção, inclusive vamos castrar os meninos antes da puberdade sem o consentimento dos pais ou mães solo. Aqui também há uma grande bifurcação do círculo vicioso de mentiras, qual seja o gritante conflito cognitivo³: Se todos os homens deixarem de ser másculos, quem vai comer os #gays afeminados? Ou se todas as mulheres deixarem de ser femininas, quem as #sapatonas irão comer? E o pior, se todos passem a ser homossexuais quem vai perpetuar a espécie? Seremos extintos no lapso temporal de apenas uma geração, pois a fraudulenta medicina moderna jamais terá a capacidade de gerar bebês de chocadeira à tempo.
É interessante enxergar que mesmo os Globalistas Satanistas, dentro de sua sábia ignorância, acreditando estarem democratizando a escravidão em benefício próprio, na verdade apenas estão fomentando o apocalipse, ou seja sua própria extinção. Também não terão qualquer lugar especial no inferno, sinônimo de mal é mentira. Portanto os #GlobalistaSatanistas são meros fantoches do #Diabo enganador, tão submissos quanto o Escravo da Cara Inchada…
Interessante também enxergar que o livre arbítrio é uma condição obrigatória para independência da criação (anjo e ser humano). Todos somos livres para escolher entre o bem e o mal, se iremos ser escravos de #Deus ou escravos do Diabo. Se assim não fosse, inexistiria criação pois seríamos mera extensão da consciência do #Criador, em outras palavras: para que exista uma criação, essa deve ter a capacidade de decisão de forma independente, o chamado livre arbítrio.
Com base nisso, temos que não cabe à nos fazer qualquer revolução, tudo está normal, a luta entre o bem e o mal sempre irá existir pois um não existe sem o outro. Nos cabe apenas escolher o lado. Nesse contexto, tenho a seguinte mensagem destinada à você para encerrar o presente Textículo Anarco-Capitalista-Cristão:
------ > Se você for um ANARCO-CAPITALISTA-CRISTÃO passe esta palavra à diante para que a verdade atinja o maior número de ignorantes inconscientes possível;
------ > Se você for um GLOBALISTA SATANISTA, vai viver sua vida, desfrutar da própria fortuna e pare de ser fantoche o Diabo, mentiram para você: não terá qualquer lugar especial quando morrer;
------ > Se você for um ESCRAVO DA CARA INCHADA e não entendeu o que eu disse, por favor me pergunte ou debata comigo, terei o prazer em lhe ajudar a enxergar a verdade. Pare de trabalhar por dinheiro fiduciário, passe a aceitar #Monero e #Bitcoin em troca do seu trabalho, pois isso é o único jeito de sermos financeiramente livres, se tiver alguma dúvida sobre #criptomoedas me pergunte e terei o prazer e ensinar. Se ainda assim você se recusa a enxergar a verdade exposta aqui, por favor aceite #Monero e #Bitcoin quando for dar o seu cú. Ou melhor, cometa suicídio, já que você é um câncer no planeta, salve a natureza.
(Davi Pinheiro)
¹ - https://davipinheiro.com/teoria-da-conspiracao-o-fluor-na-agua-e-usado-para-controlar-mentes-revista-super-interessante-editora-abril/
² - https://davipinheiro.com/qual-o-sentido-da-vida/
³ - https://davipinheiro.com/entendendo-as-referencias-cruzadas-do-pensamento/
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28Zettelkasten
https://writingcooperative.com/zettelkasten-how-one-german-scholar-was-so-freakishly-productive-997e4e0ca125 (um artigo meio estúpido, mas útil).
Esta incrível técnica de salvar notas sem categorias, sem pastas, sem hierarquia predefinida, mas apenas fazendo referências de uma nota à outra e fazendo supostamente surgir uma ordem (ou heterarquia, disseram eles) a partir do caos parece ser o que faltava pra eu conseguir anotar meus pensamentos e idéias de maneira decente, veremos.
Ah, e vou usar esse tal
neuron
que também gera sites a partir das notas?, acho que vai ser bom. -
@ 90152b7f:04e57401
2025-05-24 03:47:24"Army study suggests U.S. force of 20,000"
The Washington Times - Friday, April 5, 2002
The Bush administration says there are no active plans to put American peacekeepers between Palestinians and Israelis, but at least one internal military study says 20,000 well-armed troops would be needed.
The Army’s School of Advanced Military Studies (SAMS), an elite training ground and think tank at Fort Leavenworth, Kan., produced the study last year. The 68-page paper tells how the major operation would be run the first year, with peacekeepers stationed in Gaza, Hebron, Jerusalem and Nablus.
One major goal would be to “neutralize leadership of Palestine dissenting factions [and] prevent inter-Palestinian violence.”
The military is known to update secret contingency plans in the event international peacekeepers are part of a comprehensive Middle East peace plan. The SAMS study, a copy of which was obtained by The Washington Times, provides a glimpse of what those plans might entail.
Defense Secretary Donald H. Rumsfeld repeatedly has said the administration has no plans to put American troops between the warring factions. But since the escalation of violence, more voices in the debate are beginning to suggest that some type of American-led peace enforcement team is needed.
Sen. Arlen Specter, Pennsylvania Republican, quoted U.S. special envoy Gen. Anthony Zinni as saying there is a plan, if needed, to put a limited number of American peacekeepers in the Israeli-occupied territories.
Asked on CBS whether he could envision American troops on the ground, Mr. Specter said Sunday: “If we were ever to stabilize the situation, and that was a critical factor, it’s something that I would be willing to consider.”
Added Sen. Joseph R. Biden Jr., Delaware Democrat and Senate Foreign Relations Committee chairman, “In that context, yes, and with European forces as well.”
The recent history of international peacekeeping has shown that it often takes American firepower and prestige for the operation to work. The United Nations made futile attempts to stop Serbian attacks on the Muslim population in Bosnia.
The U.S. entered the fray by bombing Serbian targets and bringing about a peace agreement that still is being backed up by American soldiers on the ground. U.S. combat troops are also in Kosovo, and they have a more limited role in Macedonia.
But James Phillips, a Middle East analyst at the Heritage Foundation, used the word “disaster” to describe the aftermath of putting an international force in the occupied territories.
“I think that would be a formula for sucking us into the violence,” he said. “United States troops would be a lightening rod for attacks by radical Islamics and other Palestinian extremist groups. The United States cannot afford to stretch its forces any thinner. They’re very busy as it is with the war against international terrorism.”
Mr. Phillips noted that two Norwegian observers in Hebron were killed this week. U.N. representatives on the Lebanon border have been unable to prevent terrorists from attacking Israel.
The SAMS paper tries to predict events in the first year of peacekeeping and the dangers U.S. troops would face.
It calls the Israeli armed forces a “500-pound gorilla in Israel. Well armed and trained. Operates in both Gaza [and the West Bank]. Known to disregard international law to accomplish mission. Very unlikely to fire on American forces.”
On the Mossad, the Israeli intelligence service, the Army study says, “Wildcard. Ruthless and cunning. Has capability to target U.S. forces and make it look like a Palestinian/Arab act.”
It described Palestinian youth as “loose cannons; under no control, sometimes violent.” The study was done by 60 officers dubbed the “Jedi Knights,” as all second-year SAMS students are called. The Times first reported on their work in September. Recent violence in the Middle East has raised questions about what type of force it would take to keep the peace.
In the past, SAMS has done studies for the Army chief of staff and the Joint Chiefs. SAMS personnel helped plan the allied ground attack that liberated Kuwait.
The Middle East study sets goals that a peace force should accomplish in the first 30 days. They include “create conditions for development of Palestinian State and security of [Israel],” ensure “equal distribution of contract value or equivalent aid” and “build lasting relationships based on new legal borders and not religious-territorial claims.”
The SAMS report does not specify a full order of battle for the 20,000 troops. An Army source who reviewed the paper said each of three brigades would require about 100 armored vehicles, 25 tanks and 12 self-propelled howitzers, along with attack helicopters and spy drones.
The Palestinians have supported calls for an international force, but Tel Aviv has opposed the idea.
https://www.washingtontimes.com/news/2002/apr/5/20020405-041726-2086r/
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@ 2b998b04:86727e47
2025-05-24 03:40:36Solzhenitsyn Would Have Loved Bitcoin
I didn’t plan to write this. But a comment from @HODL stirred something in me — a passing thought that took root and wouldn’t let go:
> “Solzhenitsyn would have understood Bitcoin.”
The more I sat with it, the more I realized: he wouldn’t have just understood it — he would have loved it.
A Life of Resistance
Aleksandr Solzhenitsyn didn’t just survive the Soviet gulags — he exposed them. Through The Gulag Archipelago and other works, he revealed the quiet machinery of evil: not always through brutality, but through systemic lies, suppressed memory, and coerced consensus.
His core belief was devastatingly simple:
> “The line dividing good and evil cuts through the heart of every human being.”
He never let anyone off the hook — not the state, not the system, not even himself. Evil, to Solzhenitsyn, was not “out there.” It was within. And resisting it required truth, courage, and deep personal responsibility.
Bitcoin: Truth That Resists
That’s why I believe Solzhenitsyn would have resonated with Bitcoin.
Not the hype. Not the coins. Not the influencers.
But the heart of it:
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A system that resists coercion.
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A ledger that cannot be falsified.
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A network that cannot be silenced.
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A protocol that doesn't care about party lines — only proof of work.
Bitcoin is incorruptible memory.\ Solzhenitsyn fought to preserve memory in the face of state erasure.\ Bitcoin cannot forget — and it cannot be made to lie.
Responsibility and Sovereignty
Bitcoin demands what Solzhenitsyn demanded: moral responsibility. You hold your keys. You verify your truth. You cannot delegate conscience.
He once wrote:
> “A man who is not inwardly prepared for the use of violence against him is always weaker than his opponent.”
Bitcoin flips that equation. It gives the peaceful man a weapon: truth that cannot be seized.
I’ve Felt This Line Too
I haven’t read all of The Gulag Archipelago — it’s long, and weighty — but I’ve read enough to know Solzhenitsyn’s voice. And I’ve felt the line he describes:
> That dividing line between good and evil… that runs through my own heart.
That’s why I left the noise of Web3. That’s why I’m building with Bitcoin. Because I believe the moral architecture of this protocol matters. It forces me to live in alignment — or walk away.
Final Word
I think Solzhenitsyn would have seen Bitcoin not as a tech innovation, but as a moral stand. Not a replacement for Christ — but a quiet echo of His justice.
And that’s why I keep stacking, writing, building — one block at a time.
Written with help from ChatGPT (Dr. C), and inspired by a comment from @HODL that sparked something deep.
If this resonated, feel free to zap a few sats — not because I need them, but because signal flows best when it’s shared with intention.
HODL mentioned this idea in a note — their Primal profile:\ https://primal.net/hodl
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@ 57d1a264:69f1fee1
2025-05-13 06:32:15You don’t have to be a type designer to appreciate what goes into the design of a letterform. In fact, even if you’re just a humble graphic designer, you should have a basic knowledge of what constructs the type you employ.
Typography, for all its concepts, expectations, implications, connotations and artistry, is, ultimately, a system. Just like a body has bones and muscles, every letterform has parts that give it shape, rhythm, and character.
If you're a creative working with type, learning the names of these parts helps you communicate clearly, better analyze your work and others, and design with precision. Everything comes down to a foundational understanding of the anatomy of the letterform and its essential component. So let’s help you with that.
Pangram Pangram Foundry is where the art of typography meets unparalleled craftsmanship. Established in 2018 by designer Mat Desjardins, Pangram Pangram has swiftly risen to become a globally recognized independent type foundry, admired and trusted by industry peers and the design community alike.
Read more about the anatomy of fonts at https://pangrampangram.com/blogs/journal/anatomy-of-the-letterform
originally posted at https://stacker.news/items/978828
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28Boardthreads
This was a very badly done service for turning a Trello list into a helpdesk UI.
Surprisingly, it had more paying users than Websites For Trello, which I was working on simultaneously and dedicating much more time to it.
The Neo4j database I used for this was a very poor choice, it was probably the cause of all the bugs.
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@ 57d1a264:69f1fee1
2025-05-13 06:21:36Steve Jobs sent me an email saying “Great idea, thank you."
Wait, what? What was the great idea?
new guy at NeXT In October of 1991, I was a new Systems Engineer at NeXT. NeXT, of course, was the company Steve Jobs had founded after leaving Apple in 1985, and which eventually merged back into Apple in 1996. I was one of three employees in Canada, and I think NeXT had about 400 people total.
NeXTMail Mail on the NeXT Computer was pretty amazing in 1991. Multimedia! Fonts! Attachments! Sounds! It’s hard to overstate how cool that was compared to the command line email everybody was used to. Every NeXT user got this email from Steve when they started up their computer.
That message included an attachment of what NeXT called Lip Service, the crazy idea that you could embed an audio file inside an email message. Crazy.
i have an idea
NeXT automatically set everybody up with a first-initial last-name address in the usual way, so I was shayman@next.com, and the big guy was sjobs@next.com.
A few colleagues had somehow acquired cooler email aliases - single letter things, or their first name, or a nickname or an easier to spell version, or whatever. Turns out NeXT had set up some sort of form where you could request an email alias that would redirect to whatever your real email address was.
I also noticed that even though there were seven or eight people at NeXT named Steve, nobody was using the email alias steve@next.com.
So late one Friday night, two weeks into the job, I figured, naively, what the heck, nobody else seems to want it, so I filled in the form asking for steve@next.com to be forwarded to me, shayman@next.com.
In the back of my mind was a vague idea that maybe somebody would have to approve this. But no, it all got set up automatically, and …
Continue reading at https://blog.hayman.net/2025/05/06/from-steve-jobs-great-idea.html
originally posted at https://stacker.news/items/978825
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@ 3bf0c63f:aefa459d
2024-01-14 13:55:28Channels without HTLCs
HTLCs below the dust limit are not possible, because they're uneconomical.
So currently whenever a payment below the dust limit is to be made Lightning peers adjust their commitment transactions to pay that amount as fees in case the channel is closed. That's a form of reserving that amount and incentivizing peers to resolve the payment, either successfully (in case it goes to the receiving node's balance) or not (it then goes back to the sender's balance).
SOLUTION
I didn't think too much about if it is possible to do what I think can be done in the current implementation on Lightning channels, but in the context of Eltoo it seems possible.
Eltoo channels have UPDATE transactions that can be published to the blockchain and SETTLEMENT transactions that spend them (after a relative time) to each peer. The barebones script for UPDATE transactions is something like (copied from the paper, because I don't understand these things):
OP_IF # to spend from a settlement transaction (presigned) 10 OP_CSV 2 As,i Bs,i 2 OP_CHECKMULTISIGVERIFY OP_ELSE # to spend from a future update transaction <Si+1> OP_CHECKLOCKTIMEVERIFY 2 Au Bu 2 OP_CHECKMULTISIGVERIFY OP_ENDIF
During a payment of 1 satoshi it could be updated to something like (I'll probably get this thing completely wrong):
OP_HASH256 <payment_hash> OP_EQUAL OP_IF # for B to spend from settlement transaction 1 in case the payment went through # and they have a preimage 10 OP_CSV 2 As,i1 Bs,i1 2 OP_CHECKMULTISIGVERIFY OP_ELSE OP_IF # for A to spend from settlement transaction 2 in case the payment didn't went through # and the other peer is uncooperative <now + 1day> OP_CHECKLOCKTIMEVERIFY 2 As,i2 Bs,i2 2 OP_CHECKMULTISIGVERIFY OP_ELSE # to spend from a future update transaction <Si+1> OP_CHECKLOCKTIMEVERIFY 2 Au Bu 2 OP_CHECKMULTISIGVERIFY OP_ENDIF OP_ENDIF
Then peers would have two presigned SETTLEMENT transactions, 1 and 2 (with different signature pairs, as badly shown in the script). On SETTLEMENT 1, funds are, say, 999sat for A and 1001sat for B, while on SETTLEMENT 2 funds are 1000sat for A and 1000sat for B.
As soon as B gets the preimage from the next peer in the route it can give it to A and them can sign a new UPDATE transaction that replaces the above gimmick with something simpler without hashes involved.
If the preimage doesn't come in viable time, peers can agree to make a new UPDATE transaction anyway. Otherwise A will have to close the channel, which may be bad, but B wasn't a good peer anyway.