plebymous / is on Nostr

"1c82c2ceca6a78987a4f61572e44cd6ece2b56413f72f0ebdd88fc77fb9cd7cc32d41b1042948d61fbfd0ba2c578d02b78d3e570de42a6dcf2ab6116df53b66a"

Last Notes

2024-06-27 00:24:40

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Sounds possible with BIP-32. Generate a seed private key and give its xpub to a miner. The miner can computes as many public key as it wants by bruteforcing non-hardened derivation paths, and once it finds one that matches your criteria, it replies with the derivation path. Only you can compute the private key with the seed private key and the derivation path.
Throw away the seed once you're done, don't reuse, otherwise the miner might correlate your npubs.

2024-06-23 01:52:27

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Monero supply is auditable. Every time you make a transaction, you have to mathematically prove you have the amount you spent. All you have to do is verify every proofs.
Sure, the maths involved is more complex than a simple summation, but it's still maths at the end of the day. The robustness of bulletproof (the proving scheme used) has been proven mathematically, the likelyhood of crafting fake proofs is metaphorically the same as being able to mine bitcoin blocks without having to do proof of work.
(the metaphor is somewhat accurate, bulletproof literally relies on the robustness of hash functions to be safe)
With that knowledge, let's imagine how an inflation bug would look like. A bug means there's something wrong in the verification process. On bitcoin, the code would not detect an invalid transaction (because it's buggy) but anyone who knows how to sum numbers will spot that something wrong is going on.
On monero, the code would not detect it, but anyone who knows how to verify proofs will spot something wrong is going on. It's pretty much the same.
It's a bit scary because we all know how to sum stuffs (but really there isn't as many people who know how to write code that sums all UTXO), while we don't necessarily know how to verify these proofs, but there are multiple implementation of verifiers, audited and well tested.
If you're not scared of maths, I highly encourrage reading Zero To Monero, it's not that hard and really demystifies the protocol. It's not a magic black box, it's just good old maths.
And finally, I believe there's still plenty of stuffs to improve bitcoin privacy without having to go as far as obfuscating transaction amounts. If we manage to improve anonymity sets, amounts will be obfuscated by being distributed into multiple uncorrelable UTXOs (the uncorrelable is the hard part).

2024-06-17 11:43:07

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Clients might get delisted from app stores for not implementing a back door. I don't think relays are going to be really affected, they're not supposed to implement anything afaik (other than moderate what they host, but that's already expected like any website).
Anyway the law is unenforceable in the open source world. It bares companies to distribute software with good E2E encryption, but good luck running behind every free fork that floats around.

2024-06-07 17:21:41

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If you use the toggles on mempool you can see it's actually consolidations, inscriptions would be in "data"

2024-06-03 16:24:20

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I have no relationship with this project other than following it from afar because it mentions nostr, but some communities do build on nostr:
https://github.com/keep-starknet-strange/joyboy

2024-02-21 13:35:25

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"LQWD-Breez"
Well that's not a country like the others, seems they specifically target breez wallet with that one...

2024-02-18 01:45:25

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This. Adblock is a for-profit company that sign deals to not block non-intrusive ads, fuck them.

2024-02-16 01:02:29

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If it was really the EU at fault here Android would do the same and, spoilers, they didn't... It's just classic Apple BS.

2023-12-26 18:36:37

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Well it does sound like a lack of programmability expressiveness...
When I make a payment on lightning, I pay a fee, including to relays that don't know the full route or who I am, but they can't claim that fee without fulfilling the service they've been asked for. The HTLCs make the service atomic.
Bitcoin is expressive enough for that contract, but I'm aware it might not be for more complex use cases.
I'm assuming that in order to receive their OXEN, relays have to prove they are providing the service they've been asked - either to the user, or to the network at large. If the verification of that proof could be run on a bitcoin smart contract (which, granted, might not be possible with the current expressiveness of bitcoin scripts) then their is no need for that custom token, the smart contract is the trustless arbitrator of the network.
I think this framing is worth mentioning to bitcoin maxis. Tokens do become useless with enough expressiveness, but we're not there yet.

2023-12-25 15:02:38

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The withdrawal process is so long, I don't see how miners wouldn't see what is going for 6 months while they'd be immediately twitter drama if an invalid withdrawal was being voted on...

2023-12-13 20:12:39

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No, the people are broke and scared, and therefore easily manipulated by media and politicians.
Let's believe in them, show them the truth, make them hope for a brighter future.