A great day and a glorious memory, may we live long enough to see the happy ending of this struggle for justice.

Happy to see zcash rallying, maybe Bitcoiners can stop dismissing all competition as scam and realize a real upgrade is required.

It is safe to express your hatred for genocidal scum, be proud of it. View quoted note →

For a Blockchain to remain decentralised, you have to limit the number of Utxos, because everything else can be compressed, but you need this full set to be able to produce new blocks, and for users to create transactions... But that already sounds like Pools, and indeed, a trustless pool is a Blockchain (or call it a distributed event log if you want) with a hard limit on the size of UTXO set. There can only be so many pools on Bitcoin, because Bitcoin too needs to limit its utxo set, but the limit is very large, and there is still shallow recursion (pools inside pools) if necessary. Cross pools finality will always be slow though, but it will probably still be faster than banks finality (30 days).

Bitcoin is a temporary proof of publishing,, if you think data on Bitcoin will live forever in any special way unlike any other torrent file, you are wrong. Even UTXOs can be deleted and nodes demand that you send your Utreexo proof to spend. Nothing is forever, everything has maintaince costs and if not paid, they get entropied. View quoted note →

You can verify arbitrary computations over private inputs, on Bitcoin, right now. Time to build useful stuff with that.

Simulate soft forks or bust

Liquid federation would have been better off as a trusted cosigner of transactions on Bitcoin to enable opt-in opcodes.

I bring you good news; centralisation will forever remain crippled by compliance... Want decentralisation? Build tools for the anarchists who understand the sovereignity of the Internet and practice it.

Bitcoin has PoW, and open permissionless set of block producers, but if we had 50000 banks backed by Bitcoin, each with permissionless Lateral exit from one bank to another, and proof of reserves enforced on Bitcoin, this is a future that is of course scalable, but also more private and not at all obvious if it is any less sovereign than L1 ... Yes there are caveats, but sovereignity on Bitcoin has plenty of caveats too.