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2024-11-08 21:32:15

captjack on Nostr: WHY BITCOIN is NOT SHITCOIN ? šŸ—ƒļø UTXO model šŸ”„P2P onchain HTLC atomic swap ...

WHY BITCOIN is NOT SHITCOIN ?
šŸ—ƒļø UTXO model
šŸ”„P2P onchain HTLC atomic swap compatible
āš”Lightning Layer2 compatible
šŸ”Self-Custody Wallets
āœ…REAL DECENTRALIZED
āœ…PERMISSIONLESS
āœ…GLOBAL
āœ…IMMUTABLE
āœ…FOSS OpenSource
āœ…P2P
āœ…99.8% UPTIME
āœ…SCALABLE
āœ…TRUSTLESS
āœ…NO ICO
āœ…NO DEV FEE
āœ…NO AIRDROP
āœ…NO PROMOTION
āœ…NO VC FUNDING
āœ…NO UNLIMITED COINS
āœ…NO STAKING
āœ…NO PREMINE

1. hashing is not collectively controlled anymore but ~60% by cartel
2. only 3% of cir coins is used for V4V circular economy after 15yrs
ANY OTHER BLOCKCHAIN WHICH CLEAN ABOVE PROPERTIES can be BITCOIN contender.
maybe 0.1% such exists. when bitcoin moves away from above it can become shitcoin too. there nothing written in STONE all dynamic based on BITCOINERS n HODLERs do in future http://satoshinakamoto.me/bitcoin.pdf
Author Public Key
npub1te0uzs6vj29umjaxlqqct82j8q6ppyefrxq06dhr8d6pvwfatgkqjmjgwp