spacestr

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kc
Member since: 2023-05-09
kc
kc 12h

I hear that. Defensive stances can’t and won’t learn. If spam wasn’t so harmful BIP-110 wouldn’t have to be implemented. #bitcoin #runbip110

#bitcoin #runbip110
kc
kc 12h

The miners don’t get that much more $ in fees. I calculated the fees and spam accounted for less than $400 per block in 2025. The block reward is 450 times that per block. Let them pay will ultimately make us pay when the network is unusable. Spam is advancing the network resources by more than 4 times what it should be at this point. In 50 years it will effectively kill it. #runbip110 #bitcoin

#runbip110 #bitcoin
kc
kc 12h

Yessir! I’m on that wave length. What is the solution? Until then: #runbip110 #bitcoin

#runbip110 #bitcoin
kc
kc 12h

WOW you have a great point that I didn’t think of. “I’m fine if we end up with two chains - one full of financial transactions and the other full of spam.” I only thought I wish they would just go make their own chain. I guess this is them making their own chain. BYE FELECIA!

kc
kc 12h

I see that he did cherry pick. It’s ok though. It’s all done out of the love of Bitcoin. The underdog has the advantage in this race because BIP-110 is picking up steam as we roll toward the goal line. I didn’t realize it went from 12 to 16% that fast.

kc
kc 12h

Hmmmm, that is a great point. They don’t care about spam. Because they are some of the scammers. I meant to say spammers. lol

kc
kc 12h

These are great questions. Let’s see if I can do them justice. To run Bitcoin Knots you must acknowledge or “agree” that you will also be running BIP-110. So this is transparent that going forward once you upgrade Bitcoin Knots and BIP-110 are together. They go a step further and allow you to NOT agree and run Knots without BIP-110. Obviously it is not recommended. Therefore stratum and Datum are both running BIP-110 to create the block templates. So there will be no transactions that are “non compliant” and no that hash rate would not count. What is meant by lower profitability? Not having those “larger” payouts from less than 500 sat transactions? Think about this man. How can a bunch of 500 sat transactions bring that much “VALUE” not money, but value to the blockchain? It isn’t. If the focus is on the money generated let’s do the math. 2025 there was an average of 30 Million dollars worth of spam. I know that sounds like a lot. Divide that by 52,560 blocks per year and you get. less than $400.00 per block. Each block is currently worth 3.125 Bitcoin. So at the current USD price of $60,000 * 3.125 = over $180,000.00 per block. 180,000 / 400 =450. So to recap. The spam accounts for 450 times less than the block reward for each block. Exactly which is more valuable? The huge block reward. You know this stuff man. Don’t allow people to persuade you by using fancy words and misleading subjects. All of this and #runbip110 #bitcoin

#runbip110 #bitcoin
kc
kc 2d

You think it will be that low? That would be horrible news.

kc
kc 2d

Everything you do evolves around meat. Is that a coincidence? Or are you just a meat head. No pun intended.

kc
kc 2d

Are you asking why the soft fork is necessary, why do I support it, and if the script overhead for the “non monetary data” is worth the soft fork?

kc
kc 2d

Super sharp man. It’s almost a waste that he hasn’t grown up to see that he could single handedly push Bitcoin Core further by being more mature and rational about protecting the chain and utxo set. Instead he follows …. I shouldn’t speak on that. Wrong venue. You do know that he works with F2Pool and BSVers currently? Right?

kc
kc 2d

I hope the cause and case for bip-110 has a strong enough purpose that we don’t give up on it because 55% adoption hasn’t happened on day 1. I am in it no matter what. Now 2 months after the activation if things aren’t right…. Then I will have to turn around and say I was wrong. #bitcoin

#bitcoin
kc
kc 2d

She said a whole lot of nothing.

kc
kc 2d

Is that the official name we are to use now? We are supposed to say Agents, not AI, not bot, not robot, not self starting computer?

kc
kc 2d

I’ve only seen grass that green in Germany.

kc
kc 2d

I’m going to repost this man. This is hilarious. #bitcoin #bip110signaling

#bitcoin #bip110signaling

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