spacestr
thepurpose
Member since: 2023-02-09
thepurpose
thepurpose 2d

__Spark's cascading exit problem__ Note: I'm publishing this as a technical discussion. Appreciate correction if needed. This is premature analysis based on protocol specs alone, no tests or live data to validate the mechanics yet. A previous leaf owner broadcasts their stale exit tx at zero cost. Spark Operators must counter-broadcast the current owner's exit to defend, which spends the root UTXO on-chain, confirming the branch transaction and all its outputs. If a tree has N leaves (say N=50 for a moderately sized tree), all N holders must broadcast their own leaf-level exit transactions to claim funds from the now-confirmed branch outputs. That's N on-chain transactions from one free broadcast. The attacked user bears the highest fee burden. Their exit chain includes the heavy branch transaction (N outputs) plus possible CPFP to beat the timelock deadline. Siblings each pay for just one small leaf transaction. Not catastrophic. Funds are recoverable but 1 free broadcast forces N users on-chain, with the attacked user footing the largest bill. No penalty mechanism for the attacker. The coupling is architectural: one root backs many leaves, one exit kills the tree. #Bitcoin #Spark #Layer2 #asknostr #plebchain

#Bitcoin #bitcoin #Spark #spark #Layer2
thepurpose
thepurpose 8d

Anthem for Being a Bitcoiner Right Now https://www.youtube.com/watch?v=jd5E097ZpdI

thepurpose
thepurpose 8d

🚨 Observing a lot of oversimplification around multisig lately. 🚨 People confidently explaining setups they've clearly never actually configured _or_ recovered from. If you've never done a dry-run recovery of your multisig, you haven't tested your backup. Seeds, xpubs, descriptor, derivation paths, key ordering. Add all that to your backup _and test it_ or stay single-sig. So that's it: multisig isn't hard to understand, it's hard to execute. More moving parts mean more ways your backup fails when you need it.

thepurpose
thepurpose 11d

I deeply empathize with all affected Cold Card plebs. My thoughts are with you all during this difficult time. It's tearing my own heart apart too. Stay strong. Onwards. 🫡

thepurpose
thepurpose 12d

I enjoy https://f-droid.org/packages/org.woheller69.whisper

thepurpose
thepurpose 14d

#asknostr

#asknostr
thepurpose
thepurpose 16d

PV 🫂

thepurpose
thepurpose 16d

"Because here is what the strategy of tension actually wants: it wants us tribal. It wants the community exhausting itself in a two-sided war while the real campaign — stablecoins, CBDCs, custody, hashrate, developers, economic nodes, all centralizing at once — proceeds above the noise. The most radical thing we can do is refuse the tribalism, understand the whole board, and resist concentration wherever it appears, on either side." -- Simon Dixon https://www.simondixon.com/blog/bip-110-the-spam-war-and-the-battle-nobody-wants-to-name-where-i-stand-simon-dixon #bip110

#bip110
thepurpose
thepurpose 18d

Thank you for the hint about private zaps to exchange information.

thepurpose
thepurpose 19d

yes. or dm's fixed in nostr. PV 🫂

thepurpose
thepurpose 21h

Satoshi wrote about this here:

thepurpose
thepurpose 22h

(Yes, and I quoted it.)

thepurpose
thepurpose 22h

You got me again! PV 🫂

thepurpose
thepurpose 22h

You're right. I apologize.

thepurpose
thepurpose 1d

tl;dr: Thank you nostr devs & PV 🫂! I managed to remove my stale pinned notes from my profile. All the notes were back from 2023. I found out that I was using the legacy client Nostros v0.3.0.9-alpha by back then. He implemented NIP-51 bookmarks in a way that they were stored as kind 10001 events, which was later changed to pinned messages. Unfortunately, Amethyst by didn't show me the option to unpin those stale notes; however, they were still displayed on my profile in Amethyst. Downloading Nostros again and unbookmarking the notes threw me back in time to the beginning of Nostr in 2023. Wow, what has changed since then! Unbelievable. I'm grateful to all the devs who keep pushing Nostr. Thank you & PV 🫂!

thepurpose
thepurpose 6d

I will consider this.

thepurpose
thepurpose 6d

I enjoy very much and look forward to their commercialization and, hopefully, strengthening. Looks promising so far, IMO. Notably, they've split the structure into an __open protocol__ governed by the non-profit SimpleX Network Foundation (board includes Heather Meeker, Matt , Tadeas Kmenta, and Evgeny) and a __commercial entity (SimpleX Chat Ltd) that handles development and business services, aiming for a sustainable ecosystem without locking down the protocol__.

thepurpose
thepurpose 6d

updated (didn't check the sig myself): https://canary.boltz.exchange/

thepurpose
thepurpose 6d

good catch. Onwards. 🫡

thepurpose
thepurpose 8d

: veriyf security code out of band here: 10545 64678 45015 05161 71925 33241 33040 33784 32875 75514 31033 32224 36039 47350 16114 44

thepurpose
thepurpose 8d

request sent.

thepurpose
thepurpose 8d

Can we chat on , please. 🫂

thepurpose
thepurpose 8d

Welcome to thepurpose spacestr profile!

About Me

I see connections. My hand is bigger than my mouth. I act accordingly. We are all winning. SimpleX Chat: https://smp10.simplex.im/a#6wfdxmiqUDxda-hUPcHAhxcUycg59v8ndQJpZJv6LRs Send me SimpleX Chat messages instead of nostr DM's.

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