Tacitocu
Tacitocu 🤓⚡🌍

A few months ago, I wasn't sure whether I should run a Knots node or not. But in recent weeks, it has become increasingly clear to me that BIP-110 is a MUST.
#nevent1q…p008

2026-03-05 11:43:00 GMT

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Very interesting insights into how the Core development process has changed. 👀
#nevent1q…6vz9

2026-03-02 15:37:00 GMT

miners just started signaling:
https://mempool.guide/block/0000000000000000000161b65dc9cf0adfdad107b801cd87f1dcf0cfbb454654?showDetails=true&view=actual#details https://blossom.primal.net/f5460515fec740bd878fcf464302a11e01a37a7ef2efa2276cd15b131d7574ec.jpg

2026-02-27 18:56:01 GMT

OP_RETURN
some doors are simpler to open than others

2026-02-27 17:55:04 GMT

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Since Bitcoin Core v30 the "datacarriersize is increased to 100,000 by default, which effectively uncaps the limit (as the maximum transaction size limit will be hit first)" https://bitcoincore.org/en/releases/30.0/
The default value in the previous Bitcoin Core version was 83 bytes, that is enough for monetary use cases, e.g. Peg-In transactions to the Liquid sidechain require an OP-RETRUN size of 36 bytes.

2026-02-27 16:36:55 GMT

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👀
https://www.youtube.com/watch?v=k8nGk8vLvrg

2026-02-26 08:20:58 GMT

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I've been following every minute, but you should take a closer look at bip110.org/.
You complain that you're not happy with what Core has done, but you haven't proposed a solution to fix the problem. If you have a better answer than BIP-110, I'll support you immediately.

2026-02-25 19:26:21 GMT

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It's not too late to change your mind. Your reputation will suffer less when you support BIP-110 NOW.

2026-02-25 19:10:57 GMT

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@ODELL, @MARTY, it's not too late to change your mind. Your reputation will suffer less when you support BIP-110 NOW.

2026-02-21 19:05:51 GMT

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v30 was a mistake.
you are so right.
core should roll back the critical changes.

2026-02-16 13:10:58 GMT

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nice!

2026-02-09 07:14:38 GMT

GM ☕️

2025-10-18 17:14:05 GMT

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slow down.

2025-10-18 17:12:17 GMT

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slow down. #note1l6f…fm3n

2025-10-15 13:57:01 GMT

just updated to
"clientversion": "v29.2.knots20251010"
"useragent": "/Satoshi:29.2.0/Knots:20251010/"

2025-10-12 16:13:50 GMT

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YES

2025-10-11 10:24:05 GMT

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pbm = spm 👀

2025-10-07 18:09:16 GMT

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Come to Warsaw to foster growth of Bitcoin culture through means of film.

2025-10-07 18:04:23 GMT

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🧡 🇵🇱 #note1rr4…f75f

2025-09-26 08:56:23 GMT

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btcd and libbitcoin – are effectively unavailable to non-developers. Bring it to Umbrel or Start9, and the number of nodes will increase. Or at least provide executable files for the major operating systems for download, that would also help.

2025-09-26 01:38:12 GMT

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I will switch to this 3rd option, when available.

2025-09-05 11:52:52 GMT

Adam Back @adam3us
09-05-2025
Bitcoin is owned by humanity, the protocol developers are stewards, and need consensus from users to change it materially. bitcoin is about money, spam has no place in the timechain. what defaults the bitcoin core project puts in the reference client matter in this.
in may there were 88mil JPEGs in the chain, now 4 months later, there are 105mil JPEGS, a 20% increase. in may 7000btc fees had been paid, at $100k btc that's $700m or an average of $8 per JPEG. they are primarily in taproot inscriptions. (@BitMEXResearch data)
protocol rules are enforced by economic nodes, miners are just service providers; miners cannot change protocol rules. (everyone learned that counter-intuitive fact during the block-size wars). proof of work, hashrate and bitcoin price come from the real world. there are signals
the block-size war was won by the market, users set the price in the market. (the protocol can measure consensus valid hashrate which reacts to price. users said NO via the economic force of the market. miners followed, as they are just service providers)
to prevail, we have to make economic sense (or we work against our own objectives), and laser focus on outcome: where is the spam coming from? the JPEG industry JPEG sellers & buyers, VCs funding it and miners collecting $250m/year (very rough estimate) from the fees.
that's about 1.5% of the fee market. note fees are not simple: blocks are not always full, the spam displaced other transaction fees, lets pick a crude estimate 1% of excess fees from spam vs transactions. if fees are persistently higher miners invest in buying more ASICs, and
push the hashrate and input costs up, so the incremental net revenue would be less say 0.5%. if a given miner makes 20% profit, then maybe the spam industry is 0.1% of their profit once the hashrate settles higher. not really something they should focus on, as it also is bad
for bitcoin - prices new users out of owning a UTXO, displaces economic activity that is part of bitcoin's value proposition. yes JPEG spam is economic activity but it's extremely wasteful, they can store JPEGs in other places which are optimized for that like imgur, ipfs etc.
so you would think that miners and pools actually would not want to take too much negative PR (public miners anyway where that can impact their share price). for a 0.1% bump in profit, you could easily lose that to soft-factors - miners switching pools, hurting btc price, hurting
bitcoin use cases, adoption etc. so it looks like it should not take too much of a nudge to add friction and get the miners to do less of it. some explaining, some outreach to miners to switch to pools that don't mine JPEGs. and maybe some actual economic lobbying by fee paying
users, to deprive pools processing spam of transaction fees. so far it seems hard to do without creating centralization risks of it's own, but as a sketch wallet sends minimum network fee and rest of dynamic fees to 1 of n multisig of pool addresses that reject JPEGs.
that could be enough to make pools not filtering JPEGs even short-term unprofitable vs filtering. the centralizing issues are: solo miners and small pools maybe not in the list, but NB there aren't many pools. and sv2 and datum can be larger without chosing blocks. i guess
that could be used to bypass the pool preference, or pools in sv2/datum are "trust the pool" model, the pool could reject pool shares with JPEGs (or anything else they wanted to block), which cuts both ways.

2025-09-02 06:45:46 GMT

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404 - nothing to see here
moveon! #note1qqs…5vnn

2025-08-31 12:40:25 GMT

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X-rays help to understand...
https://blossom.primal.net/0c1ac7c1d9c5399e5be7279b043d78f0bd974da072bd5cca064ba610050e31bb.png

2025-08-30 09:53:57 GMT

want to play chess against me?
https://link.chess.com/friend/AzGMSS

2025-08-28 17:11:53 GMT

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You posted, that you "work on bitcoin as both peer-to-peer payments and a store of value", then you do not want non-financial data on the Bitcoin blockchain. So your are running a Knots node.

2025-08-28 15:26:16 GMT

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Do you run a Core or a Knots node?

2025-08-28 07:01:04 GMT

OP_RETURN without limits is better than (unstoppable) fake addresses.
https://blog.bitmex.com/the-unstoppable-jpg-in-private-keys/

2025-08-27 13:48:25 GMT

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https://blossom.primal.net/ad1ec52286c768bb581333a46e1f5893744fc0d14dc635e9ebc759a2eac19929.jpg

2025-08-27 07:26:54 GMT

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Are you running a node?
I do.

2025-08-25 19:59:16 GMT

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I have been wearing zero-drop shoes for three years. Start slowly and train your foot muscles and calves like you would your biceps. Pay attention to proper posture—that was my biggest obstacle. Your Achilles will thank you. Decades of wearing supportive shoes leads to weak feet. The beginning is difficult. But once you've learned to control your foot muscles individually after a while, it becomes really fun. Plan on at least a few months for this. It's worth it!

2025-08-24 09:14:31 GMT

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Have you ever tried zero-drop running shoes? I swear by them.

2025-08-20 19:34:42 GMT

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finally...
https://primal.net/e/nevent1qqstvh3vszau7l0vhgpn4zz9w0unvy9tgyy3pq5j0kdveuzr7yqc0tg59z0pf

2025-08-15 10:33:13 GMT

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The 2nd best in your list is Nasdaq.

2025-08-14 14:24:18 GMT

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🫡

2025-08-13 15:28:38 GMT

The first transaction on the Bitcoin blockchain (except coinbase transactions) at block #170: https://mempool.space/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
the input came from the block subsidy of Block #9.

2025-08-13 15:14:27 GMT

@`SimpleX Chat` I just flew over https://simplex.chat/docs/server.html and asking whether or when the SMP Server be on @`Umbrel`.

2025-08-12 19:49:23 GMT

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So we are on the same line with the power the node runners should have over their mempool. I will definitively use the filters and try to get only transactions into my mempool, with the usecase of Bitcoin as money. I do not want to host jpgs, runes or dumb messages in the OP_RETURN field on my hard drive.
Are BRC-20-Token responsible for the UTXO bloat? What started 04-2023? I do not think that the issue of spam filling up the blockchain is massively overblown. The UTXO count doubled from Q2/23 to Q2/24! A part of the node's RAM has to be used for this non-monetary use of the blockchain.
https://kibo.money/chart-utxo-count?from=-103.81713387283071&to=1116.279591319009&unit-1=Count&charts-scale-price-scale-0=log&charts-scale-price-scale-1=lin

2025-08-12 19:06:02 GMT

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still not available on Google PlayStore.
you can download and install the APK:
https://github.com/permissionlesstech/bitchat-android

2025-08-12 18:01:33 GMT

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black is the new orange!

2025-08-12 17:27:47 GMT

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I'm in the camp where filters do work. And as a node runner I want to control what gets into my mempool. It is unacceptable that future versions of Bitcoin Core will restrict this option. Feel free to convince me, that it is a progress for Bitcoin as a monetary network, when the power of the node runners is reduced.

2025-08-12 15:03:37 GMT

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thanks for bringing this issue up again and again and again.
I already switched my node from Core to Knots a while ago.

2025-08-11 07:50:49 GMT

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ok. and again ...

2025-08-11 07:49:11 GMT

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ok. here we go!

2025-08-10 12:54:43 GMT

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seems to work smoothly.

2025-08-07 05:19:54 GMT

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It is obviously too early.
Stay strong. 💪

2025-08-07 05:14:32 GMT

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Thank you so much for sharing your experiences and especially your conclusions with us. Your razor-sharp observations help us ordinary people to better understand what is going on.

2025-08-05 13:30:48 GMT

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https://primal.net/e/nevent1qvzqqqqqqypzq5xeflpdskqvdq4swxj59793uvdzqzc9pzatjk3nhmcg2h0js8trqqszt546rxajncpzzyhg6ae2yx9lyz6y7t9jyejuw7ltqx8a3xk3xgs645ytq

2025-08-02 13:33:09 GMT

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image edited with Venice.ai USAF -> UASF.
https://blossom.primal.net/fcbd0d4ac1ee4ef094f96b43622d70061aef1c00969087ddbbc38f5bc5f34915.png

2025-08-02 11:54:26 GMT

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Nice!
I think these are more widespread:
https://blossom.primal.net/c5d24d8e6e27141c5170e2277171867b9efa8d42a319699498789359ecb2f2d4.jpg

2025-08-02 10:30:32 GMT

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Interesting.
Learned sth new today.
Thanks for sharing.

2025-08-01 14:46:41 GMT

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https://primal.net/e/nevent1qvzqqqqqqypzq5xeflpdskqvdq4swxj59793uvdzqzc9pzatjk3nhmcg2h0js8trqqs8dwml83sr3rj7dsvzuszu3nh6vk4zmjdxz7sr0xz544tcdlu3rmq596n3h

2025-08-01 11:43:36 GMT

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👀 👀 👀
#nevent1q…6n3h

2025-08-01 05:43:52 GMT

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It is not an accident, that there https://github.com/permissionlesstech/bitchat is no is no link to the Android playstore until now.

2025-07-31 20:33:36 GMT

When checking my listening Knots Node on https://bitnodes.io/.
Then after pressing the CHECK NODE button, the line below turns green to indicate that the node is operational.
But after clicking on that link with the node's address, the new side states that this node is UNREACHABLE. The same status is provided through the API call https://bitnodes.io/api/v1/nodes/<ip>-<port>/
Does anyone experience the same or has an explanation for this?

2025-07-31 12:13:55 GMT

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Is there a release date for official version of bitchat for android ?
bc some fall into this trap: https://play.google.com/store/apps/details?id=dev.hostingduty.bitchat

2025-07-31 06:13:43 GMT

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Get a 2nd device and talk to yourself to break the silence.

2025-07-25 19:23:16 GMT

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Christine > Ursula < Joachim

2025-07-23 12:00:01 GMT

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@gladstein
German state television highlights the advantages of Bitcoin payments in Kenya.

2025-07-22 08:46:54 GMT

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👀 Venice.ai

2025-07-18 14:59:07 GMT

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Selling at around 0.033 seems more reasonable to me. But if that resistance breaks, than at ~0.06. Let's see how this plays out.
Anyway, I'm holding only popcorn besides my bitcorn.
https://blossom.primal.net/bf99fcc5bcedfc47688830a2c1ed2c20f9f98dc7f48db7bc7e95972fd7697e9b.png

2025-07-16 12:41:09 GMT

Hard times for Fiat ahead.
https://www.youtube.com/watch?v=Vwj3ORyh8-0

2025-07-14 19:27:19 GMT

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p2pkh, p2sh - descending supply
p2wpkh p2wsh, p2tr - ascending supply
https://kibo.money/chart-supply-by-type?unit-1=Sats&charts-scale-price-scale-0=log&charts-scale-price-scale-1=lin&index=week&from=313.38622455060204&to=923.3511668315365&empty-1=false&unknown-1=false&p2a-1=false&p2pk65-1=false&p2pk33-1=false&p2ms-1=false
https://blossom.primal.net/0ef14f77a7eb079c722a38d6e1640b39ec75f8532780cf47f76db148c116608c.jpg

2025-07-12 19:03:05 GMT

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👀👀👀
#nevent1q…403u

2025-07-07 16:15:24 GMT

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You are looking very well prepared. That's fine. Let's see how this all plays out.
I'm just sitting on my hands while doing my boring daily DCA.
Technically every market top metric recommends not to sell. https://www.coinglass.com/bull-market-peak-signals

2025-07-06 20:03:08 GMT

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Are you in panic mode?
I would not want to rebuy higher.
Every day LTHs/OGs sell ~40000 BTC.

2025-06-28 07:58:57 GMT

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Before the inscription hype the Taproot adoption was at ~13%, now its is ~25%. From a privacy and tx size perspective Taproot txs have advantages over Segwit txs.
https://mainnet.observer/charts/transactions-spending-taproot/

2025-06-28 01:10:04 GMT

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Japan has a better migration strategy than the US and EU. This does not help either.

2025-06-26 04:57:53 GMT

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👀👂👁
#nevent1q…su4z

2025-06-25 18:10:27 GMT

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net income != net worth
"As of March 31, 2024, Fannie Mae reported $4.3 billion in net income for the first quarter of 2024, with net worth reaching $82.0 billion." https://themortgagepoint.com/2024/05/01/both-gses-post-profitable-first-quarters/

2025-06-20 17:22:12 GMT

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Imho, the coins that the miners have to sell in order to finance their expenses are dwarfed against the inflows of the new big buyers (companies, institutions, nation states, wealthy individuals). This is the point that differs from previous cycles.
What is left to force a bull into a bear is the selling of OGs / LTHs in the rally.

2025-06-20 12:06:51 GMT

Is "privatizing Bitcoin Core software development" a good idea?
https://mailing-list.bitcoindevs.xyz/bitcoindev/CABaSBax-meEsC2013zKYJnC3phFFB_W3cHQLroUJcPDZKsjB8w@mail.gmail.com/

2025-06-20 05:47:12 GMT

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This time is different. The selling of the miners has a dimishing effect.

2025-06-19 18:59:24 GMT

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https://primal.net/e/nevent1qvzqqqqqqypzqkx8gx4xxrpd5dd9dfmur5znsxggh5g9qn7a9k958ae9a7ndyvvkqqsrxtl3a9cw0a7v073d52n653wpkuycfy8n4tx7sm2p0eywm6svcxg8enk0m

2025-06-19 18:56:13 GMT

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doom loop scrolling - nobody is immune to it. Me neither.

2025-06-19 17:27:55 GMT

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🧡 Congrats Joe & Sophie 🧡
... and training for the triathlon is definitely much more fun in pairs!
... well it depends on the socks ...

2025-06-16 07:32:29 GMT

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I would like to use only Nostr. BUT the reality is that most current and relevant news can be found on Twitter/X. By far.
If that changes significantly, I will close my Twitter/X account immediately. At the moment, it doesn't look like that will happen in the next few months / years.

2025-06-15 13:29:01 GMT

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are u going Nostr only?

2025-06-11 14:48:24 GMT

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On Umbrel V<1.0 an installed Proton-VPN with the GUI works fine: A Bitcoin full node in listening mode behind the Proton-VPN.
But on Umbrel V>=1.0 the underlying Linux OS is very restricted and I have not figured out yet, how to install and configure all modules that Proton-VPN needs. There is some issue with storing the credentials:
jeepney.wrappers.DBusErrorResponse: [org.freedesktop.DBus.Error.UnknownMethod] ('Object does not exist at path "/org/freedesktop/secrets/collection/login"',)

2025-06-10 14:38:15 GMT

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Is there a way to run Umbrel Home behind a Proton VPN? So not to connect from outside to apps running on Umbrel, but to hide all Umbrel apps, esp. a Bitcoin node, behind a VPN like Proton VPN.

2025-06-03 19:03:01 GMT

I just had a look at https://youtu.be/gAQ9KHkDngA the podcast of primal.net/danny with Boomer_BTC and @Danny Knowles:
very interesting insights into the current state of mining centralization and the likely future of blockspace as a commodity.

2025-06-01 19:43:00 GMT

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Ok, I understand.
I have all this stuff running in a VirtualBox Linux VM with Umbrel installed. The additional resources are peanuts for my server.
If you cannot use a local Bitcoin Explorer, you must be aware that a public Bitcoin Explorer will log your IP and your query data, e.g. transaction ID. This can then be linked to you via a query to your ISP. If you want/need to go this route, then a VPN would be helpful to obfuscate the last step.

2025-06-01 11:25:17 GMT

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Ok. that's clear, every node has its own mempool.
But what I meant was this: Do you have a local tool (see my screenshot of the URL http://btcnode.local:3006/ = http://192.168.178.62:3006/) installed to retrieve information about transactions or addresses, whereby this tool interacts only with your local Bitcoin node to get this information from your locally stored blockchain? So you can track your ongoing transactions without any privacy leaks.

2025-06-01 06:44:16 GMT

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Sparrow Wallet is great. And of course, the best of privacy and self sovereignty is to connect your hardware wallet through your own full node.
Do you also have a local mempool.space running that connects to your own node? That guarantees the ultimate privacy when exploring the blockchain. https://blossom.primal.net/217bbe6ec918641f63a46b224459f7cae4d992cc4d820fb36cb8e31e05cdc717.jpg

2025-05-31 19:19:13 GMT

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Coffee is essential, esp. at a.m.
Did your transaction go through smoothly?

2025-05-31 05:40:41 GMT

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GM!
but that's not much

2025-05-25 11:51:56 GMT

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blacklist.add("gemini.com")

2025-05-23 12:11:41 GMT

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Fiat 101 explained by the master.

2025-05-21 15:28:16 GMT

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The time has finally come to buy the top again.

2025-05-20 13:57:13 GMT

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Joe, get well soon! The triathlon socks are waiting.
Hopefully it's not that bad.
🙏🤞

2025-05-19 05:55:43 GMT

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Run a node.
Adjust the settings.
Stack Ssts.

2025-05-17 16:11:04 GMT

Don't explain anything to me or anyone else as if I were five.
Take a look at this, why: https://www.youtube.com/watch?v=eASBzSNB8ts

2025-05-15 13:37:57 GMT

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It is really difficult to install Libre Relay on Umbrel: You have to click on the green INSTALL button. Not everyone is able to make a perfectly timed left click on this highlighted area on the screen. https://blossom.primal.net/ef81050f2b6ff9d50c4b4a37c2372899e32cf242dd669f1eba114a4c8ed7a702.jpg

2025-05-15 13:30:37 GMT

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Left Chart: Yield of Investments in Russian Financial Market in April 2025 (%)
Bitcoin +11.2%
Right Chart: Yield of Investments in Russian Financial Market Since the Beginning of 2025 (%)
Bitcoin -18.6%
So YTD BTC "outperforms" nearly everything else.
BUT in the opposite direction!

2025-05-14 07:41:07 GMT

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GM.
Phew, a lot of work.
Don't overexert yourself.
I hope you have good support for the heavy things.