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Decentralized Bitcoin is the separation of money and state. Centralized Bitcoin is their harmonization.
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Replying to @Awoken_Lazarus
This is a great idea and something I can't believe I never thought of before. Thanks!
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12% of TH/s coming from DATUM gateways with a 7% bonus subsidy coming from stratum hashers. Let's pump those numbers up! Get your own node and start building blocks you can tell your grand-kids about one day.
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I really hate low-effort engagement farming posts. Do you agree?
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AlphaPool DATUM is live mempool.kilombino.com/block/…
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NVK also dismissed concerns about exfiltration of the seed via non-random nonces. This is why I suggest not using Coldcard at all *even if you trust the entropy used to derive the seed you loaded into it*.
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Bitcoin/XBT @blockvase stratum v1 endpoint is live, 2.3% fee 2% goes to DATUM clients in the share window + 0.3% goes to the pool = 2.3% total sv1 fee DATUM clients are preferred, 0% pool fee until the first pool block, then 0.21% forever, which gets you automatic sv1 pool rewards Incentivize maximum decentralization 🟧 ⚔️
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It appears that, along with Convoy: - AlphaPool has stated they will offer DATUM - Lazarus offers DATUM - Bitcoin Xor offers DATUM - PyBlock offers DATUM ... Even Convoy offers stratum fail-over. Less than 10 days in. The pools are *all* in support of decentralization.
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Looking better than last night. A lot of the hash has migrated to Lazarus who have DATUM support and are motivated to push their miners to use it.
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Update: this situation is not resolved and I do not know of a workable solution for it. Neither AlphaPool nor its miners seem concerned about the position they're in, that they said they would resolve. Having the pool break itself up into proxies as many have suggested is not a real solution. That "solution" may fly with Antpool & friends but if we don't hold ourselves to a higher standard than that then the motivation for forking is largely eliminated. Things may improve on their own, but this is the way it stands for now -
Thank you to @TwhitNub101 for reducing his pool's hashrate down to 30% of the network.
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Update: @TwhitNub101 has claimed to be cutting miners' connections now, and his hashrate appears to be dropping. I'll relax once there are no pools above 30% on this chart: mempool.guide/graphs/mining/… For now, I'm staying vigilant, but respect for Alphamine if he follows through The next step is to make sure this doesn't happen again, the community is actively discussing ideas
Bitcoin is under attack from a hostile mining pool, @TwhitNub101 If you are mining the blake2b chain, be ready to implement mitigations, this is a rapidly evolving situation Follow the discussion in the knots discord
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Thank you to @TwhitNub101 for reducing his pool's hashrate down to 30% of the network.
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Update on the Bitcoin BLAKE2b Mining store: The network is currently dealing with opportunistic Siacoin miners directing hash through centralized Sv1 pools, contributing to an ongoing 51% attack threat. The developer community is discussing possible mitigations, ranging from network-level changes such as extending coinbase maturity to measures that could require firmware modifications to some mining hardware. It is also possible that no additional changes will be necessary if the pools adequately self-regulate. I promised to test and sell hardware that is fully compatible with the XBT network. I can’t in good conscience open the store and sell miners that may soon require modification to remain compatible. Because of that, I’m delaying the store launch until there is enough certainty around the network’s path forward for me to properly test and stand behind the mining hardware I sell. I appreciate everyone’s patience and understanding. I’ll share an update as soon as I have solid information.
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Offer remains on the table, people talking about dumping remain unserious it seems.
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Have old BTC/SHA256 machines that you don't know what to do with? Want to turn them on and get paid XBT? It's possible with Lightning atomic swaps. Someone just has to build it out. I'm thinking of working on that next if there's the will there.
53% Yes please
21% Nah
26% wat
541 votes • Final results
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Ticker changed to XBT on Neox 🥳
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As requested the logo and ticker has been updated for Bitcoin Blake2B. It is no longer $BTCB2 and it's now #XBT. The logo from the team is now official too and on our active trading pairs.
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It's *not* an inside job. Andy wasn't running a Ponzi Scheme and Blockstream absolutely did *not* pull off a fake hack, stealing their own money and giving it back to themselves minus the money they needed (~$50m or so) to keep the game of musical chairs going. It's totally a thing for a "white hat" to take a $50m cut for themselves.
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Silent payments address: sp1qqgz80rlg3ss0qeh5efegkdhaec7jlzlrxzhmhu2dhmjqz3rxjxhxcqn786nladnagwmvc3k3ptznapwn8gpnd3jt4htm7hrugy53l7dwzugmetvc
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Did Bitcoin CNN run the "Actually blockstream are the real victims in all this" story yet?
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Replying to @magcitrate
Soon the world will realize the power of @Liquid_BTC
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