nomadshiba⚡

another amazing video by @Matthew Kratter https://www.youtube.com/watch?v=xy8pVqxAGiI

GM

i have this crazy idea of running bitaxe or similar device, using duracell batteries. hopefully not melting the batteries.

GN

talked too much

bitcoin doesn't live in the ether or the cloud. there is no one bitcoin. you pc running a bitcoin node is the bitcoin. we have multiple bitcoin instances everywhere. bitcoin is the node you run. bitcoin is the node i run. bitcoin is the nodes we all run. they are all bitcoin, individually. that's what "decentralized" is in the context of bitcoin. running your own node is one of the MOST important thing about bitcoin. without it, bitcoin is not longer decentralized. everything in the genesis of bitcoin designed to keep it as easy as to run. yes we need to have a timechain, so we can prevent double spending, keep track of the utxos we might receive one day. make sure they are not spent. keep track of our lightning channels. its a necessary compromise. we limited the block size, we slowed down the block time to 10 mins. so it doesnt become a big burden. people sacrifice their storage space, so they can prevent double spending. anything more is a burden, unnecessary burden. so its not surprising people want less of the burden on their ledger. and its their ledger. its not one ledger. bitcoin is not a democracy. everyone has their own ledger and if you dont have the utxo on my ledger then your utxo is not valid. idk man, i talk too much.

i tried to simplify the point to the ogaa bogaa language. because people talk too much, lose the context too much. forget the underlying. bitcoin is not bitcoin without you running your own node. decentralized in bitcoin means, everyone has their own bitcoin state on their machines. if you are not using your own node, you are not a bitcoin user. you are a trusted bitcoin paper user. trusting others. running a node already a huge burden. (not easy as installing an app on your phone). you need to plan for storage space, bandwidth. even after having a node, its not useful if you dont install and build some other things around it. yes you can buy a mini home server hardware for it like start9, but buying a device just for bitcoin is still a big barrier. the total discoverable node count shows that. so making running a node even by 1% harder over and over again is a bad idea. making it easier? now that's amazing. 📝 fbe54b2f…

many miss the reason why bitcoin is decentralized. its the reason you can still run your own node, how bitcoin is meant to be used. you cant run a node, if chain is growing too fast you cant keep track of it as an individual. 📝 2b973e4e…

GM 📝 44fb51d8…

i have a feeling world is a mess atm for other reasons as well that im not gonna get into those atm. but imagine this. bitcoin is such a threat to the parasites. they attack it from every angle. they attack the culture and code itself. they attack to internet infrastructure. they attack the people running their own devices, with age verification and stuff. own nothing. and many other shit happening. all because of bitcoin maybe. maybe they would rather fire the nukes instead of seeing bitcoin become the global currency.

seeds

an L2 shouldn't have a global state.

if your bitcoin L2 solution requires me to download more data from another chain to verify its state. its not a decentralized scaling solution. if your L2 solution fills the block space and blocks competition, its not a decentralized scaling solution.

🤣 https://youtu.be/i4TBE3Et3I8

do you verify or trust? there's two roads, make verification easier for people, sacrifice everything for it, or sacrifice ease of verification for "cool features" 📝 f56f4208…