Bitcoin Nodes process transactions as structured objects composed of inputs, outputs, satoshi values, and signatures. To describe this as “just bytes” is to ignore how data is modeled in software systems. Conceding OP_RETURN limits in Core v30 is not a neutral decision. They…
If you think knowing who created Bitcoin matters, you don’t understand it. Bitcoin is open source. Nobody has special rights, and everyone can verify that. It doesn’t matter who created Bitcoin. Bitcoin is neutral technology, like math. Who invented math, @TuckerCarlson?
JUST IN: 🇺🇸 Tucker Carlson says he will not invest in Bitcoin because he believes the CIA created it.
Study economics and history, not only technical architecture
Franklin said the rattlesnake never strikes first but never surrenders. Bitcoin is the digital rattlesnake.
Funny how car bros keep bashing horses… when they literally branded cars with “horsepower”. 😂
This premise is a bit of a non-starter for me. I'm running knots for a logical reason. It's my technical opinion that Bitcoin should model transaction data. That we can debate of course, but populist theocracy? Sounds like political propaganda. Cmon man. @LukeDashjr
Fighting talk from Gregory Maxwell on the Core v Knots spam debate...
The future of payments starts November 10. Accept bitcoin with zero processing fees until 2027 and keep more of what you earn. Learn more: squ.re/squarebitcoin
We're watching our nodes' votes play out in real time. Stay informed and engaged. Make your own decisions. This is Bitcoin.
Insightful Bitcoin “how it’s made” by @3blue1brown love how he breaks down the link between computing, PoW, and the difficulty target. PoW is tied to each block’s transactions and grounded in electricity. youtube.com/watch?v=bBC-nX…
youtube.com
YouTube
But how does bitcoin actually work?
A handful of people controlling the price of money is the exception that proves this isn’t a capitalist economy.
If we accept that Bitcoin was created to function as a peer-to-peer electronic cash system, then sending arbitrary data is using the network for your own ends, not its intended purpose. As a minority use, this doesn’t prevent others from using Bitcoin as a peer-to-peer cash…
Bitcoin's transaction format isn't a general-purpose data container. Look at the properties of what makes up a transaction. Data is MODELED to conform to a protocol for sending transactions containing sats.
Transactions fees are the only way to filter what you call “spam”. Here’s Andreas Antonop. explaining how implementing filters creates what he calls a “dictatorship of developers”. Everyone knew this all along, up until yesterday.
If you know what the term 1x mNAV Ponzi bear means, I want to follow you
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