3 sats \ 0 replies \ @badabing 13 Apr \ on: Ordinals must be solved culturally bitcoin
You can bet they'll try to make the halving about their spam.
Ok, put it this way: newbies that want to acquire 5-10 bitcoin but don't have the skills to do so. What would you propose them as a solution that is secure but user friendly (not a lot of technical skills needed).
Would you propose them a singlesig or multisig? Would you advise them to make wallets on Tails USBs or to buy hw wallets from different vendors?
Would your advice be the same for 100 bitcoin?
Same question as for Darth:
What do you propose for people securing considerable sums of bitcoin? For instance, wealthy people wanting to put some of their money in bitcoin and take self custody of it without too much compromises in terms of security. Do you think self/collab custody with hw wallets makes sense for them?
What do you propose for people securing considerable sums? For instance, wealthy people wanting to put some of their money in bitcoin and take self custody of it without too much compromises in terms of security? Do you think self/collab custody with hw wallets makes sense for them?
Impressive, don't forget the advantage of acquiring pristine non-kyc sats, which come at a premium nowadays.
Thanks for sharing. This means there's no big difference for buying goods and services in EU. No mandatory kyc.
The tx you are referring to is an ordinal/inscription. The purpose of such a tx is not to send funds but to "inscribe" jpegs or mint shittokens in tx on the blockchain. By design they are uneconomical as they pay consistently more in fees than they move in funds.
Bitcoin can most definitely be broken by soft forks. Rigorous testing of use cases is required. Do we really need some of these features? Bitcoin is working fine as is, and new changes to the base layer will inevitably carry risks.
As you point out, we are still discovering new possibilities with the current base layer now. Imo, we should indeed try to find vulnerabilities (and possibly fix them) before a gov does. But the fix should not be worse than the problem.
E.g. Ordinals might not be exploited now, but they might become an issue later (gov subsidizing spam-only blocks). It's good that we are aware of these attack vectors.