thejohnnycrypto on Nostr: For 18 months the crypto world watched Bitcoin, and Bitcoin spent it arguing with ...
For 18 months the crypto world watched Bitcoin, and Bitcoin spent it arguing with itself.
The big fight was BIP 110, a proposed rule to block spam on the chain. It died in August with under 3 percent of miners. Zcash, a privacy coin, paid a white hat, a hacker you pay to find bugs before criminals do. He found a 4 year old flaw. They fixed it in 3 days. Bitcoiners laughed at them. Influencers kept collecting referral fees on Coldcards, a hardware wallet a developer warned about in May 2025. $100 million was stolen in July. Liquid, a Bitcoin side network, left its fix on GitHub for 5 days before someone drained $316 million. A volunteer red team formed only after the Coldcard money was gone. It found 1.85 serious holes per Bitcoin project.
To be fair, the base layer never broke. The edges did.
Bitcoin deserves better than Maxi Kool-Aid and doctrine.
if you think Bitcoin deserves better too, Zap ⚡
Published at
2026-09-09 00:31:13 GMTEvent JSON
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"content": "For 18 months the crypto world watched Bitcoin, and Bitcoin spent it arguing with itself.\n\nThe big fight was BIP 110, a proposed rule to block spam on the chain. It died in August with under 3 percent of miners. Zcash, a privacy coin, paid a white hat, a hacker you pay to find bugs before criminals do. He found a 4 year old flaw. They fixed it in 3 days. Bitcoiners laughed at them. Influencers kept collecting referral fees on Coldcards, a hardware wallet a developer warned about in May 2025. $100 million was stolen in July. Liquid, a Bitcoin side network, left its fix on GitHub for 5 days before someone drained $316 million. A volunteer red team formed only after the Coldcard money was gone. It found 1.85 serious holes per Bitcoin project.\n\nTo be fair, the base layer never broke. The edges did.\n\nBitcoin deserves better than Maxi Kool-Aid and doctrine.\n\nif you think Bitcoin deserves better too, Zap ⚡ https://blossom.primal.net/6655abba2c367e8a84e0e6b9e48d5b451bd571a064f4e0b4ef4e896f25aacd3e.png ",
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