Viewing profile — r3ctilinear

I hope it's not vulnerable to anchor drag 'accidents'.

Since the July 2014 mining pool distribution wake up call (the likely "attack" event you're referring to and blowing out of proportion) Bitcoin mining has become more decentralized…

I have been using bitcoin since shortly after it's inception. I don't buy any of your spurious claims. Bitcoin survived the blocksize war of 2016 and it's only become more durable …

Exactly. People forget that btc is still in price discovery. A brand new global monetary standard isn't priced by edict, the market must figure it out. Of course it's volatile, if …

Absolute sovereignty is the important detail that brings the strategic reserve argument into complete focus. There are many types of wealth but none of them offer the level of free…

Next steps will be: Observation, more observation and if it remains sufficiently interesting then perhaps some bespoke observation. Nothing will be sent in the foreseeable future.

People were so distracted by the circus that is 'crypto' that they failed to notice as the original opensource cypherpunk money has been steadily coming of age. Lightning does what…

I think it makes sense as a local minimal during a process of iterative compromise. They arrived at 'if it ain't broke don't fix it' and shall stay there until changing conditions …

Keep a modest Bitcoin wallet canary on the computer and run an activity alert from elsewhere. If I'm compromised one of the first things they'll do is steal that money. It's not pe…

Donovan's Brain

Weird Al's "Fat" did not mock Michael Jackson. The "Fat" song was a parody which continued on the theme established with "Eat It". Mockery is quite different to parody.

With a sidekick called... Murty?

Because we let the bean counters decide the beauty of our architecture.. Like an unused muscle, our capability for physical artisan works withers..

Incorrect. The proof of work difficulty scales automatically. If the miners/hash-power reduces then blocks become easier to mine. The Bitcoin blockchain could subsist on a minuscul…

"Future changes"? "Who knows"? The more efficient changes ALREADY HAPPENED years ago in the form of Lightning network. The Bitcoin blockchain is the bedrock of this new peoples cur…