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Hanshan18d ago
initially just the observation that Bitcoin and Monero are more similar than they are different. to say nothing of LTC or ZEC. and although it's fun to debate the nuances of design, it's more important to emphasize what is similar. Bitcoin is described as chains of digital signatures in timestamped PoW blocks. everything after that is our own assumptions about what it *should be. It's not particularly relevant that Satoshi elected on a particular design, as long as the fundamentals remain the same the specifics could be almost anything. the only thing that makes "BTC" special is the huge hash rate and first mover advantage. therefore, #Bitcoin is a template and any sufficiently decentralized PoW chain should also be understood to be the same. They are different in security and features but are still Bitcoin.
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Hanshan18d ago
in the future we will just tell our Agents to follow particular rules when paying certain kinds of invoices anyway... "pay purchases of <1M sats from minibits. if balance is too low swap some Monero through Eigen and deposit it in the mint" "my landlord wants L-BTC, do an atomic swap from my LN node. If there isn't enough, prompt me to sign a 10M sat withdrawal from cold storage #3." users will decide what kind of storage they need and with which security model to secure their assets. the software will handle moving the assets between the different chains. as long as they are chains of digital signatures packaged in decentralized timestamped PoW blocks, they are #Bitcoin.
0000 sats