pkt
Peter Todd

Public Key

npub1ej493cmun8y9h3082spg5uvt63jgtewneve526g7e2urca2afrxqm3ndrm

NIP-57 Address

petertodd@stacker.news

Profile Code

nprofile1qqsve2jcud7fnjzmchn4gq52wx9agey9uhfukv69dy0v4wpuw4w53nqpp4mhxue69uhkummn9ekx7mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdu08plfk

Publishing to

nos.lol

relay.damus.io

relay.nostr.ai

Author Public Key

npub1ej493cmun8y9h3082spg5uvt63jgtewneve526g7e2urca2afrxqm3ndrm

Show more details

Last Notes

2024-09-11 13:33:02

OpenSats is in part funded by the general public – donations are solicited from everyone, and accepted via BTC and fiat. That's one reason why grants are made public: it'd be absurd for OpenSats to be spending money without disclosing who is getting it.
But it's also absurd if the _rejected_ applications are entirely private too. Which is the status quo. Funders should have some idea of what they could have spent money on, and didn't.
All I did was reveal two rejected applications. If that is enough to constitue serious drama, you should rethink what you're doing...
#nevent1q…ny47

2024-09-09 23:31:46

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#nevent1q…mmj7
I need funding for that and haven't been able to get it.

2024-09-09 22:30:31

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Re: the OpenTimestamps grant request, the problem is right now while the protocol scales in theory, the backend does not. It would be quite easy for a bad actor to DoS attack OpenTimestamps out of existence because I simply can't throw servers at the problem: the backend code just doesn't scale.
I need funding to put in a bunch of hours to fix this. So far, no luck in finding that; OpenSats is one of a few sources I've tried.
Frankly, I suspect that there isn't actually much interest in time-stamping.

2024-09-08 08:18:08

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Who care? Coinbase payouts are a way to avoid custody risks. They don't make a pool decentralized. If anything they increase the cost for a pool's hashers to be decentralized as during high fees they're wasteful.
Lightning payouts are much more important than to hashing decentralization, as they make it possible for large numbers of small miners to get paid on time.

2024-09-07 21:15:33

This is not a great decentralization success story.
What we actually have is a pool mainly used by a small number of relatively large hashers. A real decentralization success story would be if the number of individual hashers was so large, coinbase payouts were completely impractical, and almost everyone was getting paid by Lightning.
#nevent1q…gugp

2024-09-02 13:03:15

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If the V-UTXO is about to expire, the ASP will get their liquidity back soon; if they're borrowing liquidity they don't need to borrow it for very long.

2024-09-02 10:22:40

https://petertodd.org/2024/covenant-dependent-layer-2-review
“Soft-Fork/Covenant Dependent Layer 2 Review”
I've finally published my big article sponsored by Fulgur Ventures, analyzing all the main covenant proposals, and the L2 proposals that would use them.
tl;dr: Ark is pretty cool, and CTV is a good way to get it.

2024-08-29 23:13:16

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It's not a "show". They were loading a ship with cargo containers. Ukraine manufactures and exports a lot of goods.

2024-08-29 18:35:30

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https://image.nostr.build/ebf8eecc2843409bde2e797703ae1234047a1e951e1da64b135554e1abe6ba26.jpg
What exactly is that relay supposed to be doing? I'm certainly not able to connect to it.

2024-08-28 18:05:06

Status: Having drinks at a fancy rooftop bar overlooking Odesa harbor, watching cranes loading a container ship.
Don't underestimate how remarkable this is. Officially Russia has closed the Black Sea to Ukrainian shipping, and they've tried to attack that port over and over again.
Ukraine said fuck you and blew up enough Russian ships that Russia has withdrawn from the Black Sea, and Odesa port is shipping more cargo than before the full scale invasion.
Killing evil people works.
https://image.nostr.build/cfd8986aed587a56007a1d3394068e8e59f2b0cf2e9af264f3fa86c2178bab87.jpg

2024-08-23 10:54:59

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Publishing on the system is the consent.

2024-08-23 09:12:30

Just sat through the "Scaling Nostr: The Future of Decentralized Relays" panel at #nostriga
I'm very disappointed. Despite this supposedly being a talk about decentralized relays, _nothing_ mentioned in the panel was actually decentralized. Not a single damn thing.

2024-08-20 09:46:06

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Properly treating sewage is the second way that hookworm was eradicated: the lifecycle of the parasite includes spread via feces. But shoes were the first effective measure.
A big part of why people culturally wore shoes was probably hookworm infestations. Over a lifetime you're more likely to survive if you and the people around you consistently wear shoes.

2024-08-20 09:40:46

We eradicated hookworm by getting everyone shoes.
#nevent1q…f7ug

2024-08-18 17:39:10

The root problem here is that nowhere near enough young people vote.
If they did, they'd still be able to sway the vote enough to cut spending on the elderly. But because they mostly don't vote, they're going to get screwed.
Frankly, they collectively deserve to get screwed. Inaction has consequences.
#nevent1q…ta57

2024-08-18 13:29:51

https://m.primal.net/KDLR.jpg

2024-08-18 11:42:02

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Damnit, you keep on promoting it and I might have to go even without a talk. 😂

2024-08-18 10:50:40

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Dude, by that standard there was plenty of racism against Germans too...
The populations of both Japan and Germany at that time were deserving of scorn and hate. They both supported mass murder and had their own ideologies of superiority. Japan in particular was practically a death cult.
Almost everyone alive then is now dead, with the extremists of the time suffering a particularly high death rate.
It's also psychologically healthy to dehumanize your enemy in war. You have to kill or capture them, and more often then not it's the first option. No reason to spend valuable sanity worrying about their humanity when they're trying to kill you. That's especially true with large scale wars like WW2 where the whole population is meaningfully working together to kilk you.

2024-08-17 13:55:54

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Sound isn't an electro-magnetic wave. Sound propagates through pressure waves, a very different mechanism than electro-magnetic waves.

2024-08-17 04:12:41

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Like is said, there were far more Germans, making a indiscriminate approach impractical; on Hawaii where there were far more Japanese, the indiscriminate approach was also impractical, and not followed.
There's no racial difference here. Just circumstance.

2024-08-16 13:08:45

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The US did intern German Americans too, in both WW1 and WW2: https://en.wikipedia.org/wiki/Internment_of_German_Americans
About 36% of all people interned in WW2 were Germans. There were far more Germans in the US (millions) so interning them all was totally impractical, unlike the much smaller number of Japanese (~125,000).
In Hawaii about 1/3rd of the population were Japanese. And again, due to the enormous numbers involved, only a small % were interned.
The policies weren't about racism. They were about practicality.

2024-08-15 14:59:36

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I plead the 5th on whether or not I self zapped.

2024-08-15 14:58:27

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Iran attempted to kill large numbers of Israelis with hundreds of deadly weapons. It was a stroke of luck that Israel was able to deal with the threat effectively, mostly with the help of unexpected allies.
This is why attempted murder is still a serious crime. You don't go free just because you failed due to the difficult and heroic actions of others.
Iran is also getting close to obtaining nuclear weapons, which they certainly will use against Israel. And Iran is funding many other groups attacking Israel, including Hamas. Iran is also providing weapons to Russia to use against Ukraine, and that'll likely spread to other parts of Europe if Russia isn't defecated.
It is perfectly reasonable for Israel to put an end to this, now, before more Israeli's and orhers are murdered. Iranians should do the job first if they want to live.

2024-08-15 14:51:27

FTC bans self-zapping.
https://image.nostr.build/e4839045e6fb8aa611ac94727ffd40597cde764d155d361c5ab5843d308868d7.jpg

2024-08-15 09:08:41

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Context: Iran just launched the largest missile attack in human history against Israel.
Obviously, Israel is allowed to fight back. And Iran is actively trying to get nukes themselves, while actively promoting the genocide of Jews. Israel probably doesn't have much longer to defeat Iran before a few million Israeli's could be killed.
If Iranians want to live, they should be overthrowing their government. Like Russia, they're ultimately responsible and they have the power to stop this.

2024-08-15 01:21:57

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Japan was fighting total war. Just like Russia, nuking their cities was a perfectly valid way to destroy their economy. And as it happens, it convinced them to surrender.
You know, the firebombings actually killed more people... Funny you don't mention that...
As for Iraq, it was Iraqi extremists who killed the most Iraqis, by far: https://en.wikipedia.org/wiki/Casualties_of_the_Iraq_War

2024-08-15 01:11:01

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Gee, I wonder why might Jews have been pissed off at the British back then...

2024-08-15 01:06:22

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Like I said, I left Canada for something a lot less evil than what Russia is doing. I'm willing to take action to avoid being on the side of evil. Everyone has a responsibility to do so.
#nevent1q…jv7n

2024-08-15 01:03:10

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“What we're funding in Gaza” 😂
Gaza is the aggressor there. And the high rate of civilian deaths is an intentional strategy by Hamas.
Literally hundreds of IDF soldiers have lost their lives in the past few months for the sake of Gazans. A lot less would be dead if Israel focused purely on winning.

2024-08-15 01:01:06

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As for the Russian forces civilean death count... Just today I visited someone at the children's hospital that Russia intentionally bombed.
You're delusional if you think Russia is fighting a "clean" war.

2024-08-15 00:58:47

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Meh. Facts are different.
If the US was doing what Russia was doing, US taxpayers would be guilty too. Fortunately for US citizens they aren't.
And yes, your government certainly does represent you to a point. Even in a dictatorship you still have a vote in many ways.

2024-08-15 00:56:49

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There's been reportedly dozens of attempts on his life by Russia. Fortunately they've all failed so far.

2024-08-15 00:55:45

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Nothing the US has done in my lifetime comes close to what Russia is doing right now. It's just not comparable.
Be lucky you live in a sufficiently ethical county that you don't have to make such hard choices.
That said, when Canada's government went crazy with covid vaccines, I refused to comply and left Canada for months until they reversed course. Staying and complying wouldn't have been ethical, as I was in a position where I could refuse.
No comment on whether or not I paid all my taxes...

2024-08-15 00:51:30

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You get used to it really quickly. I've been outdoors at a cafe with families with young children, and watched at no-one did anything at all.
Certainly there are cases where the danger is higher and people would take more action. But fortunately I've never experienced it myself.

2024-08-15 00:48:54

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So I'm a warmonger because I might get killed by a Russian cruise missile?

2024-08-15 00:39:31

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I'm making a moral argument, not a legal argument.

2024-08-15 00:39:00

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I gave two Bitcoin talks today in Kyiv, and both talks got interrupted by air raid alarms. Not a big deal – we were in the basement of a co-working place next to the designated shelter room. But it goes to show how often they go off.
Honestly people usually ignore them. Kyiv is about 3 million people. 3 million minutes is 5.7 years. So once you've spent 13 minutes in shelters, collectively you've spent an entire human lifetime.
The lost sleep isn't worth it when an attack probably "only" kills one or two people on average.

2024-08-15 00:28:08

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Heh, good timing.
https://image.nostr.build/5d7ba7599a543c9c69fee7ca8baec15935396ff54752bb05adbadd16cfc73ab3.jpg

2024-08-15 00:23:41

By continuing to work their jobs and pay their taxes those those asset managers and analysists are contributing thousands of dollars a year towards the Russian state, and thus to their attempt at genociding Ukraine. An estimated 10% or more of the entire Russian GDP is being spent on the invasion. You simply can't escape supporting it if you continue to stay in Russia and work. And with those kinds of careers, they probably do have a real choice and could leave Russia like so many others have.
Unless your contacts are doing something useful to stop the war, like sabotage or espionage, they should be thought of as criminals. And they – and the Russian economy in general – should be considered valid military targets. It would be completely ok for Ukraine to send a few drones to their offices to fuck up the financial side of the Russian economy.
War is shit. But sometimes you are forced to take a side, and forced to make hard choices. Don't chose evil.
#nevent1q…7f22

2024-08-15 00:07:30

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Russia is estimated to spend something like 10% to 20% of their GDP on war. Paying him would be making meaningful contribution to an attempted genocide, as you'd be supplying foreign currency to the Russian economy.
The only ethical thing to do is cut ties and tell him to get out of Russia. Sucks. But war at this scale forces people to take sides and make hard decisions.

2024-08-13 09:56:44

https://m.primal.net/JyIA.mp4

2024-08-13 01:21:02

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The SS team that he personally interacts with may not be the same as broader SS management.
Also, remember that Trump needs these guys to continue to like him to stay alive. Even if he had his doubts he may have no choice but to praise them.

2024-08-12 20:01:05

https://youtube.com/shorts/j5U3VIQTm2A

2024-08-11 16:21:26

Great idea! Best used in conjunction with timestamps to prove notes were written well prior to the coins being taken.
Amethyst supports OpenTimestamps. Although every time I timestamp a note amethyst seems to get stuck in a crash at startup state...
#nevent1q…wkh0

2024-08-11 16:19:51

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Timestamps fix this problem. Posts proven to be well before the coins were taken can be reasonably assumed to be valid.

2024-08-11 16:15:16

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😂😂😂
In Spain it's _illegal_ to air-condition public spaces to less than 27°C. The maximum temperature today will only be 29°C, with fairly low humidity.
Construction is no excuse for this hysteria.

2024-08-11 09:46:40

A “heat warning” when it isn't even forecast to get to 30°C. Truly absurd.
https://image.nostr.build/2b5c073ed201ea160e8c34572cda6bcbfa0ea3e9dd8a944ef1b9a5e77940dda6.jpg
https://image.nostr.build/1cf09961358ee494aa80df0b3801c7c26183924ab7f4903861b0127cd22242b3.jpg

2024-08-09 00:27:30

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Problem is so many programmers are too fat to run fast.

2024-08-07 06:10:53

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Flying over that distance is probably better for the environment than driving. Planes use surprisingly little CO2 per passenger mile.

2024-08-07 06:09:12

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The Expanse is Battlestar Galactica if Battlestar Galactica was good. 😁
I do need to watch The Wire sometime.

2024-08-06 19:44:10

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The Expanse

2024-08-06 19:42:03

https://image.nostr.build/3fe10bb2da758528d2fe5cb981b4a40744060a3605c1a8935506d8c306628fbc.jpg
Nostriga registration form wants attendees over the age of 12 to have an npub.
There are probably places where it's illegal for 12 year olds to even have decentralized social media accounts. 😂

2024-08-06 19:20:06

https://image.nostr.build/d0568705970f1bd2aecd119378e64543beede0343d20b7ea02928b528247e519.jpg
Google Maps is fucking stupid. You would literally have to cross an active war zone to take this route.

2024-08-05 20:47:04

https://image.nostr.build/2bdc88c841641506c3b4312dbab0e9df012b9e2fe837d5a812a8ef700e180503.jpg
It took me 11 years. But I finally got full-RBF into Bitcoin Core.
https://github.com/bitcoin/bitcoin/pull/30493#event-13769240409

2024-08-05 05:25:10

Yes, you read that right: Japan had negative interest rates.
That's such an obviously batshit crazy idea that it's no wonder everything is going haywire.
#nevent1q…35y6

2024-08-03 16:12:41

https://www.pcgamer.com/hardware/gaming-mice/logitechs-forever-mouse-could-mean-peripherals-go-the-way-of-coffee-beans-tvs-and-printer-ink-by-pushing-a-subscription/
A subscription mouse... I have literally never had a mouse break. Or a keyboard for that matter.

2024-08-02 08:54:38

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Related: https://youtu.be/wNVzDGnkbDI

2024-08-02 08:48:19

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https://www.miskatonic.org/2012/07/08/knee-play-3/

2024-08-02 08:40:23

"Techno sucks. It's basically just counting to four over and over again."
https://youtu.be/PL9Rjn7EiRw

2024-07-29 19:31:08

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A tall frappuccino is about 160 calories. That's about equal to the extra calories burned for. 200lb man walking at a brisk pace 2.5km, which will take about 25 minutes.
If your walk to and from the Starbucks, that's just 12.5 minutes each way. Pick a Starbucks that isn't close to you. No big deal.
If you ran at a moderate pace, the same man could equal the calories burned in just 10 minutes round trip, 1.6km.

2024-07-25 03:20:56

https://youtu.be/33VUuu2fb1I

2024-06-25 01:41:36

So th US allowed Assange a plea deal where he goes free immediately.
Guarantee you the US did this because their case was so weak they had a significant chance of losing. Of course, getting to that point would have taken years more trials and incarceration... and once Assange won the broken legal system would have most likely given him no compensation. So the plea is a logical choice.
#nevent1q…zc4m

2024-06-25 01:37:27

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Email is very much not deniable in practice. Almost all email is sent via third parties who create records that any court will accept as true. DKIM doesn't significantly change that.
Remember that I sued Lovecruft for defamation, and she didn't even try to deny sending incriminating messages on _Pond_, a extremely secure crypto-nerd anonymous messaging platformed designed for deniability.
Courts almost always accept electronic records as true by default.

2024-06-19 14:12:06

Gee, why would they need to do that?
I thought chat control scanning would only violate the privacy of child abusers...
#nevent1q…vspm

2024-06-12 14:50:13

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Nope. Voltage kills, not current. Specifically, _energy_ kills, and without voltage not enough current will flow though you to deposit enough energy to be harmful.

2024-06-01 04:25:54

https://youtu.be/94TENBkIJJk

2024-05-26 13:25:19

#nevent1q…ecxm
OTOH, sometimes people change their minds.

2024-05-02 15:22:15

https://www.bullbitcoin.com/blog/bitcoin-drain-in-the-usa
Good read.

2024-04-19 20:48:49

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It'll be really interesting if they start paying sufficient fees to make testnet secure...

2024-04-19 19:47:30

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IIRC at one point OpenTimestamps had code that would embed a hash into a bare pubkey in a multisig by grinding the hash until it happened to be a valid pubkey.

2024-04-19 05:35:57

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There is limited time in the day. You gotta pick and choose what you work on.

2024-03-23 19:22:06

TIL baleen whales are spectacularly successful.
https://www.pnas.org/doi/full/10.1073/pnas.2204892120
https://image.nostr.build/3557b415668e98df0d58f3ae9e128cc8904926e2399575eac9d6568f7c10f044.jpg

2024-03-15 11:57:06

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Nope. Bitcoin Core does not support this type of replacement right now.

2024-03-15 11:27:47

Good example of the economics of a replace-by-fee-rate replacement: https://mempool.space/tx/2506c63f693895c723a7930e264d12dfa3767901f7e3ad2d1278c84d42bf3762
While the absolute fee dropped from $82 to $3, the fee-rate increased from 5sat/vB to 18sat/vB:
https://image.nostr.build/f7cfcfd6b6e8b922f63edc6b6e30ebd7e8f8984168cfb75f05ddc98aa922fd44.jpg
https://image.nostr.build/85ddabc137f323e349b64bcd265f281e0c9735c292292b1bf70fac229c20310f.jpg
F2Pool mined a block with a minimum fee of 10sat/vB. So the truth is the $82 was worthless to them. Much better to take the $3 now; a 5sat/vB transaction might never be economical to mine.
Note that I have no reason to think that F2Pool is running Libre Relay. This kind of situation happens periodically simply because mempools aren't a consensus, so they aren't always consistent. Of course, it helps that a few dozen Libre Relay nodes are out there relaying RBFR replacements when they happen; I know that at least some Libre Relay nodes are directly connected to F2Pool.

2024-03-12 22:36:30

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“And like you've never heard of wikileaks or snowden.”
😂😂😂
I've met Assange twice. He personally asked me to visit him.
The hardest part about being a contrarian is knowing when not to be...

2024-03-12 17:09:34

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...and that's a whole bunch of nonsense...
NATO especially: countries that join NATO don't get invaded. It's no surprise that everyone around Russia wants to join. Equally, it's no surprise that Russia is pissed at countries joining and ruining their plans.

2024-03-12 15:04:22

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I don't live in a country that is engaging in a large scale, unprovoked, genocidal, illegal, war of invasion. If I did, I would at least try to leave. I certainly wouldn't continue to work in one of the biggest revenue generating export industries and pay taxes.
If you can't distinguish between what Russia is doing right now and what Western countries have done in the past you're hopelessly dumb. Or perhaps, hopelessly contrarian.

2024-03-12 14:05:06

https://video.nostr.build/609b3d0280d5c0805c876a21467720331e0d4038f7e3b1be17c856d532b97769.mp4
Russian oil refinery in Nizhny Novgorod earlier today, 800km from Ukraine.
Far more effective to help Ukraine blow up Russia's economy with drones and agents that worry about Bitcoin sanctions.
...and as for anyone killed at that facility: they were war criminals, directly helping Russia fund its invasion. Fuck them.

2024-03-11 21:11:09

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Note that it's illegal to own, transport, or wear body armor in a bunch of Canadian provinces unless you have a permit.
Yes, this is utterly fascist.

2024-03-10 08:43:26

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Exactly.

2024-03-10 08:35:41

Better idea: buy an Android phone, because market forces.
#nevent1q…00lp

2024-03-08 19:20:27

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Yes, that's why I used the term “secure” rather than “cryptographic”. RNG requirements for DoS resistance are somewhere in between. Many otherwise perfectly acceptable RNGs are too easily predicted for this application, as their internal state is too small. OTOH you don't need quite as high requirements as a cryptographic RNG

2024-02-21 21:06:10

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The happy path is already extremely common.

2024-01-20 21:36:15

Full-RBF Peering Bitcoin Core v26.0 Released
Available from: https://github.com/petertodd/bitcoin/tree/full-rbf-v26.0
eg:
git clone -b full-rbf-v26.0 https://github.com/petertodd/bitcoin.git
What is this? It's Bitcoin Core v26.0, with Antoine Riard's full-rbf peering code, and some additional minor updates to it. This does two things for full-rbf nodes:
1) Advertises a FULL_RBF service bit when mempoolfullrbf=1 is set.
2) Connects to four additional FULL_RBF peers.
Doing this ensures that a core group of nodes are reliably propagating full-rbf replacements. We don't need everyone to run this. But it'd be helpful if more people did.
As for why you should run full-rbf, see my blog post:
https://petertodd.org/2023/why-you-should-run-mempoolfullrbf
I'm already running v26.0 on a few nodes with v2transport=1 enabled. You should too!

2024-01-19 17:59:42

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Nope. You are using that term totally wrong in this context.
A federated system is a system like email, where individual users use the system though a centralized entity of their choosing. Nostr is closer to that model, due to how relays work. You choose the relays you use, and other users also choosing to use those relays can communicate with you.
But it's not a very good federated system, as that aspect isn't made clear. So a lot of functionality is in practice centralized, as it only really works if everyone uses an overlapping set of relays.

2024-01-19 17:44:35

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Nah, the definition is very simple: can Nostr recover functionality after relays fail without human intervention? Definitely not.
Decentralized systems don't depend on any specific resources to function. When resources fail, additional ones can be brought up to replace them without human intervention by users (beyond of course, the people choosing to run new nodes).

2024-01-19 17:41:47

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Nostr is not decentralized. It's kinda like a federated system. But the federation scheme isn't well integrated.

2024-01-19 15:04:53

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If anyone could be a relay in a useful way, without permission.
Anyone can be a relay without permission. But no-one else will use their relay without in a useful way. Thus relays are centralized.
To fix this, among other things, nostr needs to find a decentralized spam control mechanism. This _can't_ be based directly on Lightning, as Lightning can't directly prove a sacrifice of funds because it can't prove that a payment actually happened.
You could use lightning for an indirect proof of sacrifice though, eg aggregating multiple parties in a merkle sum tree under a BTC proof of sacrifice.

2024-01-19 07:09:28

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Nostr isn't decentralized...

2024-01-13 20:49:50

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
Right, so useful in a DM. But not a viable way to send someone a tip in public.

2024-01-13 15:02:40

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How exactly do you use cashu with Amethyst anyway?

2024-01-13 10:14:21

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You're actually missing a transaction in your graph: the transaction where you actually use your coinjoined coins in a payment.
Because in the future, once you actually implement in-coinjoin arbitrary payments, that'll save a transaction. One tx vs three in whirlpool.

2024-01-08 15:35:13

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Nope. Single-use-seals aren't necessarily implemented with the UTXO + Blockchain model.
The whole reason to come up with a term for the single use seal concept was to be able to talk about the whole class of solutions, rather than just the specific UTXO+blockchain model.
Some methods of implementing single use seals can scale _far_ better than Satoshi's model:
https://petertodd.org/2017/scalable-single-use-seal-asset-transfer

2024-01-07 16:23:43

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37EC7D7B0A217CDB4B4E007E7FAB114267E4FA04 is my key. You should be able to get it from any keyserver.

2024-01-04 19:24:01

Good example of how stupid current lightning implementations are re: fees.
This tx paid $38/89,907sats to spend a single anchor output at 497 sats/vbyte (6x higher than necessary to get the tx mined), producing a single output just 6437 sats in size.
https://mempool.space/tx/158b0c7bfcdc32c4e3fed95c26b5b0f54fde5b7182d933fcff1563375e8ec77f
It's not a CPFP: the commitment transaction was mined 3 days before the anchor output was spent.
It's just an idiotic implementation that wasn't willing to forget about the anchor output; I know LND does this. The channel itself only had $2540 in capacity, so that one transaction spent 1.5% of the entire capacity on fees.

2024-01-04 18:17:52

Really unusual situation right now: the minrelayfeen of most mempools is very close to a typical next block transaction fee, due to a huge amount of txs at the same fee.
https://image.nostr.build/89b45d2e18ec3d46e7b72c17b55c93f524e06a1d9d4881c3921cb9d254e676af.jpg#m=image%2Fjpeg&dim=1080x1799&blurhash=%5DE7ws%40bAe*oGjZ-tj.s%2Bavt8RqW%3As%3BWUjZNDXBW%3FWGR%25RdkGR%3DR%3ANHNUj%7Bb1WGR*JVoNs%2CjcfhXRsSs%3Aawog-sfNW9oJWB&x=73772ab1298546496d9fbfbbbfc18861e2dfa46ea7044897a9bb79820f5de0eb
https://image.nostr.build/6379aa62ec7b26ac346608ac8719a8232fb0f545d17f27e9f22b886ccca860ac.jpg#m=image%2Fjpeg&dim=1079x1613&blurhash=%5EUFrkED%2B4%3DNHIWt6.YVyM%2CWEV%7Bocmlf%2Bb%5DbabuaeMWoto%40k9ouai1Kw_%24ioKxFWV%2BGS%23S%24bIX8n%25Ixj%3Ds%2BoJoIa%239%7EocxCoJsma%23Z%24bbkVj%5BkCjZ&x=fea78ab36f50590de36555928832704fb79859c70f7d7629500e9b2ae5cd600d

2024-01-03 17:26:42

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You need to read that article again. Also, there's nothing stopping a channel backup file from having fee variants in it.

2024-01-03 01:41:24

Re: the danger of out-of-band payments and anchors: https://petertodd.org/2023/v3-transactions-review#anchor-outputs-are-a-danger-to-mining-decentralization
I just noticed that someone who had a anchor channel open with me force closed it, using ViaBTC's transaction accelerator to get the transaction mined without spending the anchors. :/

2024-01-02 14:04:58

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To be clear, is the current Phoenix wallet also using RBF? Or just the older Eclair wallet?
Re: uncooperative close, not exactly sure what you mean there, as both sides can do a uncooperative close.

2024-01-01 13:08:38

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It's worse because of the purpose of Phoenix: a single channel end-user wallet where the channel is supposed to contain 100% of the wallet funds to minimize fees and maximize convenience.
With a routing node, keeping around some UTXOs for fee payment isn't as problematic, as you're probably doing more transactions anyway.
Notably, at the moment Phoenix does _not_ keep extra UTXOs around; they do in fact have this problem.