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14 sats \ 0 replies \ @petertodd 17h \ parent \ on: Biden in Final Hours Pardons Cheney, Fauci and Milley to Thwart Reprisals news
That's one reason why these pardons may not hold up in court.
Fun fact: it's settled case law that acceptance of a pardon is admission of guilt.
Also, a pardon means that you can't plead the 5th in questioning, as there is no risk of incrimination. Yet lying is still perjury.
It would be very interesting to put Fauci on the stand...
If these reports were real and serious we probably would have already seen photos and video on social media. Other than debris like heat tiles washing up on beaches, I haven't seen any evidence of any part of Starship making it to inhabited areas.
It is a terrible idea to trust a website to generate passwords for you. You have no way of knowing if it's stealing them. The humor is irrelevant: decent chance someone will see it and use it.
I downzapped this -1000sats.
28 is a significant potential improvement for things like lightning that need flexible ways to pay fees in smart contracts. That won't necessarily help you personally. But it helps those users.
...at least once some miners start running 28. Right now none do. We know this because at the moment there is an unconfirmed transaction that only Bitcoin Core 28 will mine that hasn't been mined: https://mempool.space/address/bc1pfeessrawgf
Pedantic comment: OP_Return outputs are not UTXOs. They're essentially "born spent", and never actually added to the UTXO set. The whole point of them was to standardize a type of output that was probably undependable, so applications that just needed a data output could do so without adding it to the UTXO set.
Traffic obfuscation works. If the state cracks down on VPN providers, we adapt and develop better ways to hide traffic.
To a limit. In China, when I visited a decade ago, any significant amount of encrypted traffic to an unknown destination was blocked by local ISPs. Even transferring files over SSH didn't work.
Notice how this is specifically designed to make privacy difficult, by making it as inconvenient as possible to use different addresses.
Don't assume this is ignorance. Regulators tend to be smart people with a good understanding of the tech they regulate. This is intentional, because they're psychopaths who want to eliminate privacy from society.
Also, it'll be interesting to see if lightning gets banned... There's no equivalent for lightning to this "verification" practice.
It was written by someone who has absolutely no clue how any of this works.
It's much more likely that this was written by people who know exactly how it all works and want to shut it all down by creating a legal basis for throwing devs in jail.
Good.
If you don't spend enough to defend yourselves, others will take advantage of your weakness. With Ukraine, Europe in general is finding that out the hard way.
Basically all these "drone sightings" are clearly ordinary passenger planes.
While I don't doubt there really are a few drones out there with unknown purposes that the US govt is concerned about. They're not going to light themselves up with FAA-compliant airplane nav beacons.
There was never a fight between Wasabi and Joinmarket, because both projects are decent coinjoin implementations with advantages and disadvantages relative to each other.
Samourai both made a lot of money, and had known, unfixed, flaws so serious it might have been a fed op. The fight there had both a monetary incentive, and possibly, a fed incentive.
I'm unconvinced that the first half of this "attack" is even an attack worthy of mention. It looks more like you're getting outbid by high fee transactions, which is an inevitable fact of life.
The low fee version maybe. I need to think about it more.
Though that "crash" could have definitely been a deception too.
I agree that we shouldn't assume anything unless he makes an actual verifiable appearance. Which may never happen.
Vaults make the self-custody scaling problem worse, not better. They're very inefficient, requiring approximately double the on-chain space to perform a signalling function that could be done just fine off-chain with a normal multisig wallet.
I need to write up a good article on them one of these days... They're just not a very compelling idea.
The legacy technical leadership in bitcoin is becoming increasingly less effective.
Right off the bat James gets something wrong: the leadership of Core right now is mostly not "legacy". They're newcomers like Chow and Zhao who got involved relatively recently.
Instead they are distracted with valuable but secondary issues like mempool policy
Good mempool policy is essential to making L2's work; L2's are the only viable solution we have to scaling self-custody to more people. While I disagree with Core on some of the detailed specifics of the mempool policy that has been adopted, the reasons why so much work has been done on mempool policy are correct.
When the regulatory hammer comes down, tens of millions will look to withdrawal their coins into self-custody. But they may not be able to.
Bitcoin can open about 1.1 billion channels/year with the existing Lightning protocol, with fairly simple changes to existing wallets. Tens of millions is not a big deal.
The irony here is that James has been wasting a bunch of time on an unimportant proposal that does nothing to scale self-custody: OP_Vault. In fact, OP_Vault makes the problem worse, by encouraging a particularly inefficient way of doing self-custody, approximately doubling the amount of chain space needed.
Meanwhile we have good reasons to not want to rush into multiple user per UTXO systems.
If you think that most people should be able to DCA and withdrawal to self-custody once a month, maybe spend once every few years for big purchases, I've got news for you
No-one has flushed-out proposals that let the world population DCA to genuine on-chain self-custody with minimal fees. Sorry. But we just haven't figured out how to do that. Ark is one of the things that comes closest. But holding a true self-custodial balance on Ark will require fees to pay for liquidity.
The most straightforward way to do DCA with minimal costs is to DCA to a trusted token, eg ecash, and periodically use the accumulated balance to resize a lightning channel. We have about enough on-chain capacity to resize about 470 million LN channels per year.
The world population with a cellphone is estimated to be roughly 4 billion people. So that gets us reasonably close.