if you have questions i will always answer
if you disagree with me i will never block you
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the list is long
Are consensuses security holes?
no
it is simply the reality of a global distributed network
bitcoin being incredibly difficult to change is a feature
Is using an MK3 foolish? Are Q/M4 necessary upgrades? Thanks
mk3 is great
if you have a sizeable stack the mk4 / q is well worth the upgrade for the second secure element alone imo
internally the mk4 and q are the same, the q is bigger but adds a full keyboard, qr scanner, and batteries
Can you provide some best practices during this chain split?
Some things seem obvious like self custody, but I'm also hearing we shouldn't store too much BTC on a single UTXO. Previously I was under the impression we should be consolidating UTXO's. I'm concerned UTXO structure could be important when it comes time to move coins from the "bad" chain to the "good" one. Also, I have heard there can be privacy issues regarding both chains having identical wallet addresses, seed phrases, and so on. Any guidance would be much appreciated.
- self custody
- use your own node
- dont make rash decisions
- all will be fine, bitcoin is incredibly robust
in regard to your other concerns they are not really relevant unless a market develops trading between the two chains, then you will have the decision if you want to proceed on that, there could be privacy implications based on how you handle that
Hell yes. This is the way
Do you think only accepting BTC would help? Thanks for your part.
Eric Smith
I bring excess eggs my chickens lay to sell at work. People can pay fair market price in $, or half-off in BTC. It’s amazing how many ch...