#Bitcoin is a rivalrous digital commodity, that is also a open source monetary network. Is it a medium of exchange? Yes. Is it money? A common unit of pricing, accounting, & economic calculation in a given context". That depends on the context. IMO, #soon #mostsaleablegood. https://t.co/16jrLNKCUm
Name & Symbol: SOON Token ($SOON)
Address: 0xb9e1fd5a02d3a33b25a14d661414e6ed6954a721
Spoken like politician w/high-time-preference. Successive "MARGINAL" relaxation of standardness by Core lead to cumulative erosion of policy power. Spammers pre-emptively front runing halving+PCQ driven higher fees boosting policy power. 1. While it is true that the unavoidable fee increase will destroy all L2s (except LN+ARK?), BitVM, inscriptions, side chains etc, permanent load this will place on Bitcoin MEANWHILE is very significant; and can be easily extrapolated from the recent explosion of dead weight. 2. Even as Core demolishes forward policy power, it will NOT achieve its pretend "technical" objectives of remediating out-of-band/witness stuffing, fake pubkeys & other non-standard paths. The vast proliferation of older Core versions and poor history of upgrades all but guarantee that none of this will change. Out-of-band will remain and so will non OP_RETURN usage (4x cheaper). Additional easier to produce spam will enter OP_RETURN 3. Core is sacrificing future Bitcoin power for obscure unlikely technical gains that 99.9% of REAL USERS (SOV) actually don't care about 1 hoot. Node running users are made to pay for it. Blocks are not fixed in size. Min empty block is 200b. Max spam block is 3.9mb. Node runners are forced to host parasitic data, spending their resources on bigger drives, more powerful compute (24+ hrs to sync). But that is least of our problems. 4. Core recent standardness assault are useless dangerous changes in vain hope of what exactly? Minor improvements in fee determination? Slightly different propagation? Sacrificial use of more expensive path by projects stupid enough to try to use the least efficient database in the world for a guaranteed dead end, zero go to market vaporware? They are broke already, you want them to be even less sustainable by using more expensive OP_RETURN? 5. We are told to trust Core competence. At least five times Core screwed the pooch so bad, Luke had to dig them out (if anyone wonders why he is so popular). Every major consensus change lead to a serious disaster, none anticipated. Be skeptical, trust no one. 6. Core's blase attitude continues to increase Bitcoin attack surface. We cannot say for sure what it will do. Relaxation is technically dangerous, but political danger is unpredictable. You, of all people, can understand the "interpretation" power agencies have over the rule book. 7. What's in it for the users? Why are we changing status quo for unattainable fictitious network "gains", easily outweighed by unkown dangers that follow expansion of attack surface. 8. Highly capable & intelligent people supporting Core or Knots have a moral responsibility to millions who placed significant, if not entire, family wealth in Bitcoin. Your stock options, advisory fees are all high time preference. Bitcoin is forever - don't fck it up, boys & girls. This is bigger than all of you. Play for team Bitcoin. 9. Luke is being accused of doing this to promote Ocean as a business (yes knots hash power is real). Look at his career. He has been entirely consistent in his sentiment, output & statements. He was the first one to rally against segwit/taproot abuse, his Knots consistently maintained high standardness through tight policy (see below). He is hardly a creature of politics. I am a miner. Ocean actually pays more. This is the best promotion. There is data. 10. Incentives are broken. This happened in Blocksize War. This happened in the aftermath of segwit/taproot bug that Core refused to fix. It is happening again. https://t.co/lhww5aJIbe
Name & Symbol: Lnfi Network ($LN)
Address: 0x6d2ebdf6d551d8408e7d896e9a1ec6f84806e193
Node policies work. This is the one miner who is actively trying to undermine the p2p relay network with Slipstream, and even they had to stop accepting subsat transactions out of risk of losing blocks because the nodes' relay policy doesn't accept them. CORE 29.1 IS CHANGING THAT THIS MONTH
Name & Symbol: NodeOps ($NODE)
Address: 0x2f714d7b9a035d4ce24af8d9b6091c07e37f43fb