₿lack Swan on Nostr: great article TK CTV, i agree wholeheartedly. users, developers and miners should ...
great article
TK CTV (npub1zt8…yx9r), i agree wholeheartedly.
users, developers and miners should each take a low time preference approach and be principled in whatever capacity in which they interact with the Bitcoin network and each other.
from my perspective, the activity we are observing degrades the availability of blockspace and adversely impacts transaction throughput. this results in a higher cost to transact, take bitcoin into self-custody and interact with lightning in a non-custodial manner, constituting a Denial of Service (DoS) attack.
I dont have much time to write my ideas down, but everyone once in awhile something eats at my brain that j cant stop thinking about it until i write it out. Heres a little thing i wrote, tell me whats wrong with it, what you hate, what you like.. 👇👇👇👇
https://satoshisjournal.com/bitcoin-and-the-colonial-trade-embargo/
Published at
2024-01-20 23:18:18Event JSON
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"content": "great article nostr:npub1zt8u9mz68x3e6qhey8mhuuqahst4kc587gka7qj84uuhq6t878vsn7yx9r, i agree wholeheartedly.\n\nusers, developers and miners should each take a low time preference approach and be principled in whatever capacity in which they interact with the Bitcoin network and each other.\n\nfrom my perspective, the activity we are observing degrades the availability of blockspace and adversely impacts transaction throughput. this results in a higher cost to transact, take bitcoin into self-custody and interact with lightning in a non-custodial manner, constituting a Denial of Service (DoS) attack.\nnostr:note1jlhpuc6lnnpfqpyqle35u0z22wwl08wwg3s36wydpj36an9mnr9qwzq037",
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