spacestr

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Super Testnet
Member since: 2022-05-08
Super Testnet
Super Testnet 9d

That is not the worst case scenario. Notice the timelock that allows key B and key C to spend the money after 89 days. Very possibly, key A expected that he could use key D or key E to take his money back before the timelock expired, such that the timelocked path was only a less secure fallback that should only apply if he loses his keys. But due to bip110, neither party can spend the money until after the timelock expires, meaning the less secure path and the intended path will both become valid again at the same time. That creates an i race condition that is entirely bip110's fault.

Super Testnet
Super Testnet 10d

Robin Linus is like this guy except instead of emulating techno music with a hurdy gurdy and a sewing machine, he emulates virtual machines on bitcoin with the find_delete function and boolean logic circuits https://youtube.com/shorts/sKc_3DhRn2M

Super Testnet
Super Testnet 11d

I think the nunchuk devs did a pretty good job of explaining what the policy does, as you can see from the screenshot in my OP. It's not too complex.

Super Testnet
Super Testnet 11d

Where are you getting that number?

Super Testnet
Super Testnet 11d

A wallet dev absolutely *can* write a custom wallet that implements the same policy using tapleaves. But then he loses the interoperability that is a huge selling point of Miniscript. Custom tapleaf wallets cannot easily be exported and imported into hardware wallets and Bitcoin Core. Miniscript wallets can be. Plus, for some policies, using tapleaves is less efficient than using OP_IF: https://x.com/salvatoshi/status/1989270625454584132 Consider changing the BIP instead of demanding that innocent users change their wallets in ways they may not know how to do and which would often make them worse.

Super Testnet
Super Testnet 11d

Sure, "I" can do it in a BIP110 compliant way. But many users do not know how to do that. If they are using this sample script, or potentially a customized variant that suits their needs, just get their money frozen, for no good reason. Maybe change the BIP to actually target the problem instead of demanding that other innocent people change their wallets and make them worse.

Super Testnet
Super Testnet 11d

https://mempool.space/signet/tx/3fd341abdc65dcc3bbf3c192f57ca9b1e5a7b07184d06a59ec80636501f6c3da?showDetails=true That tx spends money from a Nunchuk wallet I made based on a sample miniscript policy they provide in their wallet. As you can see, it has OP_IF in its input script, and its keypath is disabled. BIP110 would break this address and others like it.

Super Testnet
Super Testnet 22d

I believe the upcoming version of Knots has bip110 support, but isn't done with peer review yet. I suspect Ocean's stratum v1 pool will start signaling for bip110 shortly after that software is released.

Super Testnet
Super Testnet 23d

> BIP110 is standardness policy — not consensus. Your transaction exists. It just doesn’t get relayed by nodes that reject spam. This is basic Bitcoin literacy. It changes consensus, not standardness policy. Speaking of basic literacy, have you read the bip? bips.dev/110

Super Testnet
Super Testnet 23d

I outline my reasons for opposing it in this document: https://github.com/supertestnet/ursf-110

Super Testnet
Super Testnet 25d

I suspect this Sage character is a bot, but nonetheless, I will reply so that lurkers may see my answer to his question. I think many miners would *say* they just want to mine with whatever pool provides the highest payout, but in fact I think that is rarely their sole consideration. A lot of miners seem to avoid smaller pools, despite that they often have lower admin fees, and thus higher payouts. I think miners tend to avoid them for a few reasons: larger miners have a longstanding reputation for not stealing from users, plus they find blocks more often, which increases the dopamine effect of seeing a predictable amount of sats trickle into your account on a predictable schedule. But Ocean may have begun to cross a kind of "dopamine threshold." Their miners *used to* see earnings pretty rarely, maybe once per week. But now they see them several times per day, and the amounts are higher than other pools give out, and that money typically enters a self custodial wallet. Due to crossing that threshold, I think a lot more miners are now sufficiently tempted to switch.

Super Testnet
Super Testnet 25d

Ocean is now a top 8 mining pool - more miners are discovering how to make their own block templates - and that Ocean pays out more than other pools, since it has lower admin fees - plus they offer LN payouts - and, for large miners, coinbase payouts

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Open source dev w/ bitcoin focus | supertestnet.org bc1qefhunyf8rsq77f38k07hn2e5njp0acxhlheksn

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