Why Nostr? What is Njump?
2024-01-10 17:38:20

jimbocoin on Nostr: I’m a selfish #Bitcoin soft-fork supporter. I only support soft-forks that benefit ...

I’m a selfish #Bitcoin soft-fork supporter. I only support soft-forks that benefit me personally.

I supported SegWit because it improved scalability and privacy. Not just increasing block space, but denser use of block space—especially enabling Lightning.

I supported Taproot because it further improves density and also privacy. Taproot spending transactions reveal only the branch, not the whole script, which also enables vastly more complex scripts.

I OPPOSE Drivechains. No one has made a pitch that benefits me personally, and the risks of introducing a hash-based ownership model creates a new and possibly powerful mining centralization incentive.

I intend to support some from of covenant soft-fork because they will further densify use of block space. I just don’t know which of the competing proposals has the best risk/reward profile for me yet.
Author Public Key
npub1v9qy0ry6uyh36z65pe790qrxfye84ydsgzc877armmwr2l9tpkjsdx9q3h