Wrong Planet Hardfork XBT retweeted
float i,e,g,R,s;vec3 q,p,d=vec3((FC.xy*2.-r)/r.y+vec2(0,1),1);for(q.zy--;i++<99.;){e+=i/9e9;o.rgb+=hsv(.6,.8,min(e*i,.04));s=3.;p=q+=d*e*R*.35+1e-5;g+=p.y/s;p=vec3(log2(R=length(p))+t*.2,exp(mod(-p.z,s)/R-.4),p);for(e=--p.y;s<6e3;s+=s)e+=-abs(dot(sin(p.xz*s),cos(p.zy*s))/s*.3);}
Somewhere in the middle.
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The sun reaches less high in the sky each day as winter approaches. No amount of “Daylight Saving Time” can ever prevent it.
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The state of the spamchain
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The statue of Prometheus is finally finished. It was cast in Paris, crossed the Atlantic, and was assembled at Starbase. It took us 100 days to go from nothing to this. People of the West, we have lived through an era devoid of dreams, devoid of destiny. But the time has come to reclaim our dream of antiquity. In a few months, we will start building a new city. It will be the most magnificent city in all of history. After all, the great dream of the West has always been to rebuild Rome. Come walk beside us in this endeavor. The world is waiting.
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Flock is just a license plate reader.
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XBT is Bitcoin
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If miners control the network, it is effectively a Proof of Stake network. No longer one node, one vote, but rather he who controls the most hash wins. Since hash is hardware, he who controls the most capital wins. Since our fiat overlords have infinite capital, he who controls the money printer controls Bitcoin. That is the state of Sha256 right now.
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Coinbase is withholding ~$2.47 Billion from customers. On Sept 1st, Bitcoin’s blockchain split into two separate networks via a hard fork. Every Bitcoin that existed before the split continued to exist on the original network, while an identical balance appeared on the new Blake network. Two months before the split, Coinbase reported in an SEC filing that they held ~2.9 Million BTC in custody. Although many speculated that the new Blake coins would be worthless, recent exchange listings have proved otherwise. The most objective valuation we have for Bitcoin-Blake coins is currently $958 on the NeoxEx exchange. The NeoxEx exchange is low volume, so one would not be able to liquidate large amounts there, but the purpose of this analysis is to report an valuation, not an estimate of liquidity. Coinbase is not legally obligated to provide customers access to coins that have appeared on the Blake network. The headline "withholding" simply means that Coinbase has not credited its customers with the Blake coins. Valuation: At the time of the split, Coinbase's ~2.9M BTC in custody corresponded to ~2.9M Blake coins, which is worth roughly $2.78 billion at $958. Due to the churn of deposits/withdrawals, and also that some new transactions on the legacy chain are invalid on the Blake chain, a small percentage of the original total is likely no longer splittable. We can do a conservative on-chain analysis of a subset of Coinbase's self published holding addresses to estimate what percentage remains splittable. Coinbase publishes updated holding addresses for its cbBTC tokens. This is a small percent (~3-4%) of their total BTC holdings. But we're using this sample for two reasons. 1) These are the only publicly verifiable, self reported BTC addresses held by Coinbase. 2) These addresses almost surely have a higher churn rate in terms of deposits and withdraws, compared to Coinbase's long term holdings, as Coinbase advertises cbBTC as being easier to send and receive than regular BTC. Of the ~99,426 BTC held in cbBTC, approximately 89.3% is BTC that has not moved since the chain split which means it is guaranteed to be splittable. This is a conservative estimate because the 10.7% of coins that have moved are mostly standard txs, meaning they are also valid on the Blake chain and thus remain splittable. Taking the conservative 89.3% still-splittable portion of the 2.9M coins held before the split, and multiplying that by the $958 valuation Blake coins, yields a total valuation of $2.47 Billion that Coinbase is withholding from customers.
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10 Questions Pro-Flock Advocates Can't Answer: 1. Who was the original technocratic backer behind Flock? 2. Name one high crime area that became low crime because of Flock. 3. At what point does “helping police do their job” become mass surveillance? 4. Why does the number of Flock cameras keep increasing without improvement in crime clearance rates? 5. What independent database tracks Flock's errors and lets the public see how often they happen? 6. How much privacy are you willing to surrender for “safety” and who decides when enough is enough? 7. How many law enforcement officers have been found abusing Flock systems over the past 3 years? 8. What prevents police from using Flock for purposes beyond what was originally promised? 9. What prevents Flock data collected today from being used for something completely different tomorrow? 10. If you wouldn't give police a 24/7 GPS tracker for every citizen, why is a searchable record of where everyone's car traveled different? If the answer to all ten is “trust us bro” that's not "safety." That's a blank check for tyranny.
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“To split or decentralize power is necessarily to reduce the absolute amount of power and the competitive system is the only system designed to minimize by decentralization the power exercised by man over man.” — Friedrich Hayek
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If you think you can fight for Bitcoin soul from the inside of Bitherium, think again.
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"If SHA-256 became completely broken, I think we could come to some agreement about what the honest block chain was before the trouble started, lock that in and continue from there with a new hash function."
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@Strive and strategy ARE the 6102 you morons!
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I want people to really think about how stupid and downright insane the phrase "Everything is good for Bitcoin" is. It's a technology that seeks to separate money from state and prevent the entire parasite class from stealing almost everything from >99% of the planet. This means there is huge incentive by the most powerful people on earth to destroy it by any means necessary. And Bitcoin is not magically immune to every one of their tactics. The most successful to date has been infiltration and subversion and it is everywhere for those willing to look. BIP110 is an expression of an uncaptured network, and its opposition was purely and revealingly concerned with the artifacts of that. Do we need large OP_RETURNs or upgrade hooks for a new op code before Sep 27? Or OP_IF in taproot or an address type not used in over a decade? No - we just don't want upgrades from non-technical, non-economic users that lack consensus as that cannot be *permitted*! So now we are left with the "Bitcoin is permissionless, so you have to let people turn it into file storage" bros becoming irate that we are leaving, once again without permission. The unsalvageable dumspter fire that we spent the last three years fighting, in public, for no-brainer upgrades to, is captured. This has been demonstrated, again clearly to everyone willing to look, as it has become impossible to make progress unless working within the appropriate political channels rather than operate forthrightly in public. That is just another fiat system. Decision making was deferred to captured industry players. Those entities are incapable of doing what is required to separate money and state as they require the state's permission to exist.
This is why we need a PoW / BIP-110 hard fork: 1. Stop Bitcoin from becoming data storage 2. Stop centralization 3. There are no other plans for how to fix No. 1 and No. 2 There are three reasons for No. 3: First – the free-rider problem, which is the single most important game-theoretical problem when it comes to freedom and freedom tech (everyone waits for others to fix it). Second – an almost cult-like worship of memes such as “Bitcoin is immutable” and “everything is good for Bitcoin” (the blue pill - a false belief system). Third – those who discuss solutions to No. 1 and 2 are constantly being attacked (bad actors and fearful people resort to power games). Smart people in the space are aware of this. Jeff Booth, a guy I have a lot of respect for, is completely aware of it. But what does he do? He begs hardcore Bitcoiners to stay on the legacy chain and help him and other good people fix Bitcoin. But he has no plan or proposal for how it should be done. Jeff is stuck in No. 3, just like everyone else who talks about the fork. In this game, the practical question for most people is: “Should I sell my coins on one of the two chains after the split?” People will look at No. 3 and many will think: “It might be best to sit on them for a while and see what happens.” You can complain about the fork and smear people for supporting it as much as you want. But in the end, everything boils down to No. 3 and - if you want to be a free rider or not, - if you prefer to have a false belief system, - if you prefer to harass people and - ultimately - what you do with your coins.
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I don’t remember this episode of Mister Rogers’ Neighborhood.
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The blood of ASICs and the tears of King @saylor shall water the tree of Bitcoin liberty. September 1st we rise. #BIP110 #Blake2b
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