vnprc

Ecash Accelerationist ec/acc, FOSS contributor, cackalacky maximalist, organizer Triangle BitDevs, autodidact is the best didact

Public Key

npub16vzjeglr653mrmyqvu0trwaq29az753wr9th3hyrm5p63kz2zu8qzumhgd

NIP-05 Address

vnprc@trianglebitdevs.org

NIP-57 Address

vnprc@getalby.com

Profile Code

nprofile1qqsdxpfv503a2ga3ajqxw843hws9z7302ghpj4mcmjpa6qagmp9pwrspzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqgdwaehxw309ahx7uewd3hkclfpcuv

Publishing to

relay.nostr.band

nos.lol

relay.damus.io

Author Public Key

npub16vzjeglr653mrmyqvu0trwaq29az753wr9th3hyrm5p63kz2zu8qzumhgd

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Last Notes

2024-11-19 14:44:56

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Based Benjamin. What a boss. https://image.nostr.build/581f8f838f5e42b5f4c955ed68a84f179e30e46a90075a0aae7df39452830b5d.jpg

2024-11-19 14:43:16

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Still the law in NC, I believe. But it probably wouldn't survive a legal challenge.

2024-11-19 14:33:54

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i can't zap you though 🙁

2024-11-19 14:31:45

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Ah, another note editor in the wild. I see I am talking to a nym of distinction. 🧐
https://image.nostr.build/db835dcbb9ede80a62b5b253f0d18998dce96f54e14046d6df74015cb7dd126e.jpg

2024-11-19 14:08:08

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Excellent summary. At a low level I think it's also important to point out that Schnorr sigs allow us to remove multisignature complexity from bitcoin consensus. ECDSA multisignature operations are performed in bitcoin script which reduces privacy and increases blockspace usage. Taproot multisig all happens off-chain, which brings huge benefits that are still being explored with novel protocols.

2024-11-19 02:53:21

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Chain code runs a great educational program!

2024-11-17 17:58:17

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By Jameson 🤣

2024-11-17 17:53:41

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If you set up a permissionless system you should expect it to get gamed.

2024-11-17 16:10:57

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if they want you to game a metric, game the metric
@nprofile…k296 showed us the way
https://image.nostr.build/6858a6b65277a98a7c4fba680e19528a9dfc6bcab57b3252c109170bd8991aad.png

2024-11-16 22:08:50

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lol no

2024-11-16 19:53:42

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Astronomer math is fun because you can be way off and it kinda doesn't matter.
> There are maybe 100 million bitcoin owners. There are soon going to be 10 billion people, increasing at an exponential pace. If we want 10% of people to trustlessly self-custody (this is a very low bar) we need to scale 100x.
This was 10x too high.
> Quantum computers are coming. Post quantum signature schemes A) will require a soft fork and B) are also very large, so let's divide transaction throughput by 10-100x.
This was 10x too low.
It's a wash. ¯\_(ツ)_/¯

2024-11-16 19:50:01

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lol that's like 4 years more advanced than ELI5

2024-11-16 00:40:50

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You can do it today because it's cheap and easy. Let's run the numbers on how that is expected to look in the future.
https://image.nostr.build/f17bd71e9c6f58321a321642ac554654af23e6b0a95abaae27d627ab804eeb97.jpg
We're gonna use astronomer math. We're only looking at orders of magnitude.
There are maybe 100 million bitcoin owners. There are soon going to be 10 billion people, increasing at an exponential pace. If we want 10% of people to trustlessly self-custody (this is a very low bar) we need to scale 100x.
An average tx on mempool right now is 37 cents. That's pretty cheap, actually. Imagine if the cheapest transactions ever got was $37.
That's 10% of people in 10 years. Extrapolate to 100% in 50 years (population doubles every 47 years), you need another 100x. That's $3700 for a one input, two output transaction. Used car money. You need to buy a new used car every time you interact on-chain. Wanna do a coinjoin? You're gonna need house money.
This assumes no new use cases for on-chain space. This could not be more wrong.
Quantum computers are coming. Post quantum signature schemes A) will require a soft fork and B) are also very large, so let's divide transaction throughput by 10-100x.
On-chain stablecoin transactions are just getting started. That's a huge market, multiple times larger than the lightning network today.
Ark service providers will be ticking out transactions at a steady clip. These are time-sensitive transactions so they will pay the prevailing fees to get on chain.
BitVM is building an entire computer using logic gates encoded in bitcoin script. Those will be very large scripts.
ZKPs are extremely promising and extremely large. We can't keep people from storing them on chain. Bitcoin is permissionless.
Don't forget about ordinals! Did you think they were just gonna go away? Lol, you silly goose. There will still be degens using up your precious blockspace.
Bitcoin simply does not scale well enough to serve the whole world. We need better tools on the base layer or else we are just LARPing about freedom technology.

2024-11-15 16:45:36

LLMs are a learning tool. Dan't skip the learning part. Ask it for the answer and then keep asking questions until you understand the answer. This is the way.

2024-11-15 01:42:18

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Yes but by far the most important ingredient is self-custody. Bitcoin today lets maybe 1% of humanity self custody. It doesn't separate money and state in it's current form. We need to continue evolving it to be the best money it can be.

2024-11-15 01:39:38

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Yeah man. Spend time and effort on the things that are important. This is very important to me.
Keep learning. Never stop. 🤙

2024-11-15 01:35:31

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> I don't think any proposed or imaginable L2 is actually scalable
imagine harder
> you don't either given that you are an ecash supporter
false dichotomy, ecash is complementary to on-chain bitcoin not rival
> forks are important and we should have them asap
Yes and no, they are very important but we should take our time and get it right because there are no take-backs. This doesn't mean bikeshedding every proposal to death. It means picking a problem to solve, proposing solutions, choosing the proposal that makes the best tradeoffs, and committing to its activation.

2024-11-14 17:17:51

James OB spitting the hard truths on twitter. I agree with everything he says here: https://x.com/jamesob/status/1857049961235403101
No idea how this will turn out. For most questions it's not that hard to get an idea of what the future will bring based on incentive analysis and historical precedent. I don't know of a good historical analog for the successful transition from benevolent dictator to anarcho-consensus. If anyone out there does know of one it could be *very* fruitful to share with the right people. Something to keep in the back of your mind. Where my bitcoin anthropologists at?
My gut tells me that we will continue to thrash on the soft fork question with no meaningful progress until the scaling pains or some other problem grows to crisis level. This is a very clear historical precedent. After the crisis is widely acknowledged we'll select a new hierarchy of leaders to push through an engineering fix.
This will probably bring about another schism in the bitcoin community. I suspect we'll need to fork off Saylor and Blackrock. Honestly, good riddance. These fat cats were never cypherpunks and they never will be. But with them goes the promise of unlimited price appreciation with no effort. You'll still need to work a day job to grow your savings.
I think the pleb ossifiers are directionally correct, but I think their specific concerns are misplaced. They are right about proceeding cautiously. We're only gonna get one chance to displace fiat. We can't afford to fuck this up. But I think they take this anxiety towards change and put it all on the risks they can see and understand and take direct action on: soft fork activation attempts from within the bitcoin community. It's a whole lot easier to stall something than to push it through and acting in any capacity makes you feel accomplished, even if you are pulling in the wrong direction.
In my opinion, premature ossification is a much bigger problem. The risk is that bitcoin achieves far less than it's full potential. We get there through inaction. There is a massive pot in the center of this poker table. We need to ante up to stay in the game. We need to take measured, intelligent risks to win. But it's not a poker game, we're actually betting on the course of human civilization.
Personally, I think attempting any soft fork under the current level of mining pool centralization is an unacceptable risk. One reason I decided to work on this problem.
Another reason is that mining software has been long neglected. Historically, the smartest and most ideologically motivated devs are attracted to other layers of the stack. I know because I feel this pull as well. This is why we've got free, private, decentralized, self-hostable, cypherpunk software for nodes and wallets, but not for mining.
Things are turning around thanks to the hard work of a small group of engineers. Sv2 is complete and SRI is nearly production ready. I am extremely grateful to be in a position to stand on the shoulders of these giants. But I don't see a compelling story for small miners to run this software and build their own block templates. It's not enough to get hobbyists on board; in order to win this fight we need to make decentralized mining more profitable than centralized alternatives.
Braidpool is another very promising project. I hope they succeed. A decentralized monolithic mining pool would be metal as fuck but I fear that even with Braidpool we're still stuck in the local maximum of monolithic mining pools.
I smell opportunity. I see a path to fix big problems in bitcoin by focusing on the neglected layers of the stack. I think we can decentralize mining with new ideas and architectures that bring unstoppable cypherpunk energy to the space. If successful, the fruits of this labor will unleash a tsunami of innovation and human productivity. I'm ready to go surfing. 🏄
My secret hope is that solving a big existential risk that everyone can see and understand might be the psychological victory we need to head off a greater conflict in the future. If we get most of the pleb ossifiers on board, we won't need to fork off the fat cats. With overwhelming consensus they will see the shift in the weather and get with the program to protect their vast wealth. Sun Tzu said to always leave a path for your opponent to retreat. I think this wisdom is directly applicable here.
We can show the ossifiers that they were right to be cautious, vanquish an existential threat to bitcoin, and, if we act skillfully and with emotional intelligence, we can redirect their attention to the next looming crisis: scaling trustless self custody to every human being.
I don't know how to do this. It's a social influence game, which is an area I have always intentionally avoided. This is a nascent idea. I'm still turning it over in my head. Maybe some of y'all have a good perspective to share or can take this idea and run with it. Let me know what you think.

2024-11-06 16:54:50

Pumped for Ross! 💪 I hope he is freed and eventually able to find meaningful work to advance the cause of human freedom. But first, rest and recovery.

2024-11-06 16:48:09

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Which is gonna be a big problem soon. 👀

2024-11-06 13:56:40

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@npub1pls…kx8j can we make a feature request? Steven needs a way to get event ID in case the nostr note can't load.

2024-11-06 01:26:59

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For me, ditto.pub has the best feature set of the browser clients and is the worst at loading events. Maybe my relays are bad or something idk. But one of the best features is "open in njump". That almost always solves the unknown event issue.

2024-11-06 01:24:20

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If you can get the note id you can drop it into njump.me and try a bunch of different clients. For example the note id of the parent to this note is note1mzgwpxmfcnaavk6kh9827y6npf93rm6x826l5q0f2a8ja2jtsdas02age9
Drop that after the slash for a super handy link. https://njump.me/note1mzgwpxmfcnaavk6kh9827y6npf93rm6x826l5q0f2a8ja2jtsdas02age9

2024-11-03 15:18:33

I cannot block these political SMS numbers fast enough. It's like a zombie movie. They just don't stop.

2024-11-02 01:00:41

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I have a relay for backing up my notes. I wouldn't say it's 'online'.

2024-11-01 21:45:49

Sometimes people get mad at me for being late and I'm just like:
"Honestly, this is your mistake not mine. You're the one who believed my time estimate. ¯\_(ツ)_/¯"

2024-11-01 16:02:20

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Diamond Age is my favorite. He paints a picture of a post-cyberpunk future where nation states have been replaced by voluntary borderless collective organizations. There is, of course, fantastic technology interweaved with an epic battle over the future of civilization.
But the best part of the book is his detailed description of a private anonymous universal mesh-net that replaces the internet as we know it. Inspiring stuff. I think we're a lot closer than you might expect. 😉

2024-10-31 02:12:01

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This happened at the Nashville conference. It was nuts.

2024-10-30 20:04:15

Does any client enable reading edited notes or just Amethyst? I can fix my typos but I can't see it on any other clients. 🤷‍♂️

2024-10-30 17:06:25

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Had to get to a real computer to find the article. 😅

2024-10-30 12:24:07

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You almost got her. Keep it up!

2024-10-29 18:06:49

The markets are just getting warmed up for whitepaper day. 🎃

2024-10-29 17:51:26

Join us tomorrow night at 6 for another Freedom Tech meetup!
We're talking:
- nostr
- authLN
- truevote
Free pizza thanks to our sponsor Lolli! 🎉
https://www.meetup.com/triangle-bitdevs/events/303905357

2024-10-28 13:31:50

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I think a lot of people have felt that there is big opportunity at the intersection of ecash and mining, myself included. I haven't seen anybody else push the idea of an accountless pool. But ideas are free--execution is what matters.
I look forward to collaborating with fedimint developers on a module design! It will be a fantastic tool for bootstrapping circular economies any place in the world with stranded power.

2024-10-26 20:16:05

@nprofile…prpy drew a cool picture of my talk! https://image.nostr.build/7985cb80456b361b223abb486b702b5d1574dc06b57d5f64c001a77d80c72060.jpg

2024-10-25 13:39:04

omg y'all biscuits and gravy at the hotel breakfast
https://image.nostr.build/d88813fba7f414ddfc765ca95d1dc5b0d91eae18916cc7763b57eb91f4aadb18.gif

2024-10-24 17:31:46

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You should work on whatever excites you the most! Trying different stuff gives you exposure to find out what you really enjoy.
Somebody was asking about opening channels to help small node runners and I thought of you.

2024-10-23 12:13:54

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ASIC. You don't want to CPU mine. It won't make any money but it will burn out your processor and cost you money.

2024-10-22 22:46:52

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Payouts are not uniform across blocks. It could be that the third block had a lot more fees or maybe there were less miners contributing hashrate or for some reason the other ehash holders cashed out early, leaving more reward for this share to claim.
I did not intend to make it higher, that was actually a mistake lol. It is actually even higher now in the slide deck to clear the red line. In practice, hashrate tends to remain steady and rewards look very similar across blocks with PPLNS even if the blocks come faster than expected.

2024-10-22 20:05:22

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bro this is 🔥!

2024-10-22 19:20:12

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This graph is drawn from the context of a newly accepted share submitted to the pool at time 0. The share is worthless at first but it has an expected future value that can be calculated by comparing the expected rate that the pool finds blocks to the 'accrual period' or 'swap window' for this share. I need to hammer out the terminology still.
Whenever the pool finds a block this share is entitled to some of the block reward for that block. This is calculated by dividing the coinbase reward amount by the total number of shares for which this block is in their swap window. Basically how many outstanding shares are there with a red step function still above 0.
In this graph the share in question scores three blocks so the 'realized value' as the pool calculates it jumps up three times before the swap window closes.
If the owner of this ehash token (let's keep it simple and assume no swaps have taken place) redeems it early at any point they can claim the value of the green line at that time.
Of course the default play is to hold it to maturity. But what if they sold it for a premium right after the 3rd block was found? In other words, what if someone pays slightly more than the green line to buy this mining share? That would be a winning trade for the seller because we can see the future. If another block landed in the 21st epoch it might be a winning trade for the buyer.
Hashpool enables a class of professional traders to develop who will create a super efficient hashrate market. Efficient markets lead to prosperity and human flourishing. Let's fucking go!

2024-10-22 18:50:13

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<googles furiously>
yeah that tracks

2024-10-22 15:37:39

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I chose my block times using a very irrational method. Check the technique see if you can follow it.

2024-10-22 15:36:40

Touching up my slides for TABConf. I think this graph was the most challenging for me to explain and for the audience to understand. Looking much better now!
https://image.nostr.build/929ddcda6dd251f0905265f00efa83785eaede5ad07b867722f51ea6dad36bce.jpg

2024-10-22 13:48:59

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He never understood bitcoin beyond using it as a means to pump his bags.
encrypted energy 😬
ordinals DID protocol 😩
simping for bank custody ☠️

2024-10-22 13:09:08

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I went through a very similar situation this year. You can mentally prepare yourself for years but when it happens it hits like a Mack truck. There is no escaping the feels. You just gotta let it run you over and pick up the pieces.
Much love. 🫂

2024-10-21 16:01:44

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I treat my kids very well, but ok.

2024-10-21 16:00:10

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Being a parent who thinks deeply about my role, I have gained new appreciation for the best form of government ever achieved: the benevolent dictatorship.
If you run your household like a democracy the kids will never do their homework or clean their room. They'll vote candy for dinner every night. It's your job as their parent to look ahead and make the best long-term decisions for your charges, even and especially when they disagree with you. These small groups of people band together for common defense, commerce, and all the nice things that come from civilization. This system works pretty well with small groups, especially if they share kinship bonds. If you extend this model beyond Dunbar's number it breaks down. This is where things get messy.
Being an anarchist is not the same thing as advocating for chaos. It just means you believe in pushing decision-making out to the edges of the network, where the best decisions are made. It's a tacit acknowledgement of the reality that no one person or committee is competent to rule over large numbers of people fairly and equitably. The only sane system is to respect emergent order, control the worst excesses of humanity, and to leave people alone to live their own lives in a manner of their own choosing. For me: anarchism is equivalent to humanism.

2024-10-21 12:25:42

Damn I wish I had a quick and easy way to sell my hashrate for a higher the expected payout right now. Someone would probably take the other side of that bet. If only we had the right tools...🤔
https://image.nostr.build/3d01ffd922e4ca6eae34c811ff9ae328b743c885f48d2c42608559a764ba6b5a.png

2024-10-20 22:26:37

Overheard: "My S9 is pulling 420 sats per block on Ocean."
Maybe you should mine some. It might catch on. 😉

2024-10-20 19:27:22

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It's newer so there will definitely be hiccups. But overall it's 10x simpler than lightning so you will be able to achieve more. Probably a great goal to start is to run a mint and get it working with minibits. I'm not an expert but I expect nutshell is probably the most mature implementation. Happy to help you test it!

2024-10-19 14:01:59

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Converted the whole campsite to aeropress. 💪

2024-10-19 12:56:17

gm
https://image.nostr.build/c8ee1cfdbcff24d08cc668366f49eca1bca3aa32fe3d4dd36ef0297d81d58716.jpg

2024-10-18 15:48:51

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You are in deeper than my knowledge extends. Good luck! Let me know it if this turns out to be a good solution or not.

2024-10-18 13:10:12

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Somehow enlightened, based, and still clings to bad takes in the face of overwhelming evidence to the contrary. 😅
Dwight would fit right in!

2024-10-18 13:07:59

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yessir 🫡

2024-10-18 12:41:38

I dig this song. It speaks to me.
https://www.youtube.com/watch?v=UGJzW99SR8g

2024-10-18 12:19:48

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MOAR PHOTOS

2024-10-18 12:18:26

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🔥🔥 BASED_GARY 🔥🔥

2024-10-18 12:15:56

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What if not enough people explore novel protocols that align incentives and fix the glaring security holes in the existing bitcoin order.
Not on my watch. 🫡

2024-10-18 12:11:53

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Like srsly I would love to stop burning corn in my gas tank.

2024-10-18 12:10:56

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I hadn't noticed that but I wasn't really looking. Its funny because we heavily subsidize farmers in this country.
It almost seems like price controls...don't work...?
https://image.nostr.build/d261fe4ba1b49cfa5c9c038886e9d5a0c5acb3e0b1a9f5a1e28e119e44d7e999.jpg

2024-10-18 00:22:24

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old school cool

2024-10-18 00:16:19

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restaurant food or store food?

2024-10-17 14:29:02

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lol
I don't get why people would flee the platform for this change. Are they afraid of being seen? They could always be seen.
Like cockroaches fleeing when you pick up the rock they were hiding under. 😂

2024-10-16 23:23:04

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You could run phoenixd and open a single channel to the ACINQ node. This is basically the same setup as phoenix wallet but run as an always-on service instead of a mobile wallet.

2024-10-16 23:20:38

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Cool! You are a good candidate to run a pleb node. I would open two or three unannounced (so-called "private" but not really private) channels to some well connected routing nodes.
The problem with small channels is that the reserves and liquidity really kills the usefulness. You have to keep some percent of the channel balance in the channel at all times. You also have to keep some on-chain funds not committed to channels to pay chain fees. You also need to somehow get inbound liquidity. You can pay someone to open a channel to you. They may close it if you don't route enough payments. Instead you could do a circular rebalance, basically open a channel and send half of the funds to an on-chain swap service. This costs on-chain and off-chain fees.
You also have to deal with keeping your channels balanced. Say you do a circular rebalance through a swap service, now you have 3 channels with $300 in each and a $500 upper limit on each channel. You can't send a payment for more than $300 because you don't have a single channel with that much in it. You can't receive more than $200 for the same reason.
Lightning is basically unusable for small nodes for all of these reasons. The best way to use it is to share a big node between lots of people. All of these channel reserves, fees, and liquidity limitations can be amortized among all the users. This is what LSPs and cashu nodes are good for.
Here's a really great blog post from one of the Mutiny Wallet guys explaining all of this and why they decided to build a fedimint wallet instead of a pure lightning wallet.
https://stacker.news/items/379225

2024-10-16 22:27:17

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Yeah I guess we skipped ahead. @nprofile…5l49 what are your goals? Do you just plan to use it as a personal wallet? Run a service? Route payments? Run a mint? Something else?

2024-10-16 22:19:43

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If you want to be a node runner, that's cool but it's important to be clear about the risks. You are running an always-on hot wallet with your keys exposed to the internet. In addition to getting hacked, you run the risk of losing money due to channel force closes, hardware failure, and software bugs. You can't earn any significant yield as a pleb node runner so it's basically all downside. And if you don't have serious technical chops it will be a very frustrating uphill battle.
The lone upside is that you will learn a lot of valuable skills the hard way. You might be able to parley them into a job if that is your goal. If that is not your goal, save yourself a whole lot of trouble and use phoenix wallet or minibits. Minibits is custodial so keep your balance low to limit the downside of getting rugged. Phoenix is amazing and self-custodial but unavailable in US app stores thanks to the overzealous chaps in the regulatory apparatus.

2024-10-16 21:39:10

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how to lightning for poor people: don't lightning, cashu

2024-10-16 18:31:53

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Agreed on the benefits of Apple hardware. I have been a long time user because they just work and have never caused me major headaches...until now.
My hope is that a linux laptop company will be unable to abuse market monopoly power to extort me and leverage state monopoly on violence to intimidate free market competitors from undercutting their extortionate pricing models. They have to compete fairly in the free market, unlike Tim Apple. This aligns with my values and I get a little bonus nerd cred for running on Linux. :)

2024-10-15 21:10:40

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Never heard of him. Are you saying I should? Why?

2024-10-15 20:02:45

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thanks! agreed. fuck apple

2024-10-15 19:51:47

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I had a lot of problems when I tried to run Ubuntu on a Dell xps years ago.

2024-10-15 19:19:19

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I wonder if the German power socket played a role. I was using a plug adapter without no ground that was in my airBnB. 🤷‍♂️

2024-10-15 19:16:49

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Looks like the Lemur Pro 14" costs about the same as two Apple screens. 😀

2024-10-15 19:12:13

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Super glad it failed after my btc++ preso and not before!

2024-10-15 19:09:32

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Maybe...just trying to limit the wasted time at this point... My mom said she could hook me up with a 3 year old macbook if I voted for her presidential candidate. lol sold!

2024-10-15 19:07:29

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I tried a Dell xps running Ubuntu many years ago. After a month or two I got so fed up with fighting my system that I went back to Apple. I've been a happy macbook user for decades. Never had a problem with the hardware before the 10 year mark. I knew about their shitty business practices but I'm honestly kind of shocked at the hardware failure. Hearing from a regular Joe on the other end of an Apple lawsuit is just icing on the cake at this point.

2024-10-15 19:00:26

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Damn, I really liked those stickers too.

2024-10-15 18:58:56

Wow, Apple lost a customer for life today.
My laptop screen broke for no apparent reason yesterday. Today I learn that the laptop is 60 days out of warranty. Sticker price $650 for repair (lol no).
When I got in contact with a 3rd party repair shop they let me know that Apple has hard blocked screen repair on newer models by locking the part ID to the motherboard. Oh and also the repair shop owner is currently being sued by apple and had the police and the local Apple manager banging on his door at 1am about a laptop.
Enough is enough. 🙄 I guess I have to find a loaner laptop to deliver my presentation next week (which is a Keynote file). Then I will be in the market for a linux laptop.
Any recommendations? I heard system76 was good.

2024-10-15 18:19:57

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that was me reproducing a bug for a bug report

2024-10-15 15:14:47

Look what came in the mail! Lawrence White is a very notable Free Banking economist akin to George Selgin. I am super interested to read his take on bitcoin! 🤙
https://image.nostr.build/24a8f16b4a089d804c5da0a1427814de6628682d7de9fc138b44e53f7df851b7.jpg

2024-10-15 13:57:01

Here is the recording of the talk I delivered at @npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52. I will be giving it again at TABConf next week with some improvements.
I think I've figured out how to do coinbase payouts. We've also made good progress on scoping out a fedimint design. Shoutout to fedimint developer Brad S! Are you on nostr? Get on nostr bro!
There is also an entertaining talk after mine and a FASCINATING panel discussion at the end of the recording.
I have one minor correction to something @nprofile…6tzn said in the panel: Ecash fixes bitcoin. If you don't believe it yet, just wait. 😉
https://www.youtube.com/watch?v=uCyRffPdsaU

2024-10-15 12:57:33

breakfast of champions #cashu
https://image.nostr.build/11fcda8acd0c98dc1722613979093c32b475b9255c5f26217652a138b2c71902.jpg

2024-10-15 10:50:37

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https://www.youtube.com/watch?v=2WXTGHS8kCs

2024-10-15 10:48:32

body is healthy, mind is wealthy
https://image.nostr.build/4d5bbd7d5207192fef10cd7b9b7a64cc07d2942be08a32d2c97d254396c4b934.gif

2024-10-15 09:58:21

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They're pretty short. Happy to loan you my copies when I'm done. Or just buy them here: https://store.braiins.com/

2024-10-15 01:14:05

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https://avatars.githubusercontent.com/u/8606367?v=4

2024-10-15 01:13:10

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4 is a good number. Congrats! 🤙

2024-10-15 01:11:32

Good book. I had no idea there was a @nprofile…njvk biography!
https://image.nostr.build/45e3536de844f6878cd3acd2a905078af387bfff815e8a81b2b85f523e135d9b.jpg

2024-10-14 22:12:26

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https://image.nostr.build/371749e30ba97fe662ac37885bdd77c99abd77a35888b576f7813b42514070ce.jpg

2024-10-14 20:58:23

Berlin was amazing. Just got home. Time to catch up on lost miles with my loyal steed. 🚴‍♂️

2024-10-14 05:17:34

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WHO BUILT THE ROADS??

2024-10-13 20:38:01

I think the biggest misconception about hashpools is that it's about mining payouts. It does fix payouts but it's actually much bigger than that.
It fixes the incentives of mining by separating the roles of pricing hashrate and producing block templates.
It also creates a borderless market for buying KYC-free bitcoin. For miners who wish to sell their hashrate it funnels this privacy premium into their pockets.

2024-10-13 09:19:04

Fedi mints https://image.nostr.build/6c84b949faaeb725abe43e5ce21249de8669012f2dfbc453eaff9f871149f1ce.jpg

2024-10-13 08:54:15

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Some resources to help grow your understanding
Block Template Similarities between Mining Pools
https://b10c.me/observations/12-template-similarity/
mononaut thread on mining pool reward consolidation
https://x.com/mononautical/status/1777686545715089605
A Proof of Liabilities Scheme for Ecash Mints
https://gist.github.com/callebtc/ed5228d1d8cbaade0104db5d1cf63939
This site has the best PPLNS visualization that I have found
https://mintpond.com/b/prop-vs-pplns-vs-pps-mining-pool-reward-systems
Stratum v2 Auditor Role
https://github.com/stratum-mining/stratum/discussions/1052

2024-10-13 08:43:24

Hashpools: A New Kind of Mining Pool Powered by Ecash
https://nostr.download/421f73642534f0029322054342e41159716bba87a38cf94cfe2125f58581db01

2024-10-12 19:13:02

just merged the first PR contribution to hashpool https://image.nostr.build/c2adec2aa8c715000d250116748422d83caec9764d59c67eace9d8af79797cde.gif

2024-10-12 11:43:22

Oops my talk is an hour from now.
#nevent1q…k6qa