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81  Bitcoin / Development & Technical Discussion / Re: Reclaiming Lost UTXOs and Deleting Empty Blocks on: September 23, 2021, 10:52:14 PM
If we assume that every year we consume the maximal size of blocks (4MB), then it should be 10*210240 = 2,102,400 MBs, which are 2.1 TBs. Not 1.

That is a theoretical limit, which has never come close to ever been reached. Average block size is around 1MB.
82  Bitcoin / Development & Technical Discussion / Re: Reclaiming Lost UTXOs and Deleting Empty Blocks on: September 23, 2021, 06:54:09 AM
So there you go! More evidence that hard drive prices and the price of storage is not going to just "keep going down". Not that it has been.

A 1 TB drive (good to store another 10 years of bitcoin blocks) costs $30. Storage is not a problem.
83  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: September 21, 2021, 05:44:03 AM
They give you inbound and outbound capacity but in separate channels.

Yeah, that's redundant. It is better to have 1 big channel than 2 redundant small channels.

I mean, it's better to have good balance per channel than just globally, which is what you might get from rings!

True, rings start out unbalanced and need manual balancing. Dual-funded channels would be ideal.
84  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 21, 2021, 04:36:07 AM
Anyway, interesting poll.  And I for one, look forward to the privacy improvements coming to Bitcoin.

Doesn't Lightning do it?
85  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 20, 2021, 04:25:35 AM
Done! Check your PM

Syke, still waiting on ya buddy…

I can neither confirm nor deny joining said swap. (:
86  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2021, 05:01:54 PM
Reaching 80-90% will most likely stop the spread completely.
Israel would like to have a word with you.

Quote
% of population fully vaccinated 61.6%

Your point? 61.6% isn't 80+%.
87  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2021, 10:53:14 AM
But what shall we do with the 10% left not vaccinated? Even 1% is dangerous. They will be clear and present danger for the vaccinated. Yellow stars and concentration camps?... So, get your ass prepared for booster jabs every 6 months for the rest of your life!

That's not how infectious diseases work. There's a tipping point. When enough people are immunized (surviving the infection or getting a vaccine), the infection becomes contained. Bob survived the infection, he should not be compelled to get an additional vaccine.
88  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2021, 10:21:10 AM
Post on https://lightningnetwork.plus/ and I'm in.
89  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2021, 09:53:43 AM
So ... the protected need protection from the unprotected by forcing the unprotected to take the protection that doesn't protect the protected?

This from the people who used to call me stupid?

Yes, because the unprotected are filling up the hospital beds and people that need other procedures are being delayed. Not to mention the fact that no vaccine is 100% effective. Get the population to 90% vaccinated and this nightmare goes away.
90  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2021, 11:24:39 PM
Really? What is the definition for vaccination in the 21st century?

https://twitter.com/RepThomasMassie/status/1435606845926871041

Yes, language evolves along with new scientific developments.
91  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2021, 11:35:39 AM
did you want to join the WO LN Hub?

Yeah, I'm in for at least 1 yr, but my node isn't synced yet. Soon (tm).
92  Bitcoin / Development & Technical Discussion / Re: What do you look for in a programming language made for decentralized projects? on: September 18, 2021, 07:22:55 AM
#1 Rust ownership.. like I said I've automated this away so it'll have the performance of Rust, but be roughly as simple as garbage collected languages. Every once you'll need to worry about strong vs weak references but that's rare. Basically you don't need to think about it unless the compiler/IDE has a problem with the occasional edge case and there will be extra checks to make sure you didn't make a mistake in those cases.

Sounds interesting. Will it work in a multi-threaded environment without introducing race conditions, etc.?
93  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: September 18, 2021, 07:08:36 AM
Hello.

What are your thoughts about triangles and other geometries between LN channels?

I have the idea that these kind of closed loops of channels are bad for the network, because it's like if you are putting the entire network out of that loop. So, wouldn't it be more reasonable to spread the most possible our connections instead of creating those closed loops between channels?

A newly-opened channel only has outbound liquidity. Loops give all nodes both inbound and outbound liquidity without creating redundant channels. It might even assist in rebalancing.
94  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2021, 06:29:42 AM
Has anyone else noticed how low the mempool is... block sizes are small as well.

I am opening LN channels for 1SAT/vByte.

Needed to top up my lightning wallet. $.20 tx fee. I can live with that. Bitcoin wallet for savings, lightning wallet for spendings. Mainstream can understand that!
95  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2021, 11:24:46 PM
Thiel would be fine by "busting" his 'income' to below $400K. Not sure what would happen if you are generally below, but then take lots of profits (or mine a lot) one year and you are suddenly above $400K. Would your IRA be immediately busted (if it is above $10mil) or not? My read is that it would be. 50% of value above $10mil would become immediately automatically withdrawn, and, of course, taxed at 39.6%. That would be true for IRA, but not for ROTH since Roth distros are not taxable (so far  Wink )

People have Roths with +$10m? That's a crazy return rate given the low yearly contribution limits.
96  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2021, 03:56:31 AM
Who the fuck is this “emblem-deployer” faggot who is claiming to have created the Pepe assets that I FUCKING CREATED!!!

Report them. https://support.opensea.io/hc/en-us/articles/4404423595667-How-can-I-report-fraudulent-content-on-OpenSea-
97  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2021, 01:33:55 AM
Link or it did not happen.

Busted by on-chain txs.

https://twitter.com/ZuwuTV/status/1437921263394115584
98  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2021, 11:35:10 AM
The future of security is passwordless. Beginning today, we’re making this vision a reality for consumers with a Microsoft account.

https://twitter.com/satyanadella/status/1438143437732147204

Quote
Microsoft Authenticator app, Windows Hello, a security key, or an SMS / email verification code instead of a password

Pro tip: Never ever ever ever ever ever use SMS authentication. Why in the world do they offer that as an option???
99  Bitcoin / Development & Technical Discussion / Re: What do you look for in a programming language made for decentralized projects? on: September 14, 2021, 12:02:14 PM
I am working on Flogram, a programming language, designed to be perfect for writing blockchain projects. And I don't mean a language for smart contracts, though it probably could be used there too, I'm more talking about a language for say building a blockchain or miner or wallet or torrent downloader or other decentralized projects, etc.

First and foremost, good luck on your project!

  • If I make trade-offs would you prefer performance or security? I'm thinking security by default allow using a keyword to opt out to allow improving performance via undefined behavior or

Security, security, security. *cue the ballmer gif*

  • What features do you most value in programming languages in general?

#1, The Rust ownership model. I can easily use random libraries, multiple threads, old code I forgot what I meant when I wrote it, etc., and never have to worry about who owns what. If it compiles, 99% of the bugs have already been eliminated.

#2, Type inference. I'm lazy. When I define a vector, I don't want to specify the type, because I know I'll only be inserting Ints into it. If I later decide it needs to be Floats, I don't need to update the definition. The compiler will enforce static typing. Just say no to dynamic typing.

#3, Helpful compiler warning/errors. Again, Rust is a fine example. It doesn't just point out the errors, it offers relevant fixes.

Now, the punchline. You can't beat Rust. I know, I'm the asshole. You're competing with the entire Rust ecosystem. You need SSL? There's a crate for that. You need PRNG? There's a crate for that. If you have some good crypto/blockchain ideas in mind, implement them in Rust and publish the crates.
100  Bitcoin / Development & Technical Discussion / Re: Reclaiming Lost UTXOs and Deleting Empty Blocks on: September 14, 2021, 11:03:06 AM
The only problem with that unspendable utxos impose a burden on the bitcoin network (the rest of us). The only way to deal with that is by cleaning out the utxo set periodically.

Will you listen to Satoshi?

Quote from: satoshi
You should never delete a wallet.

Wallets/UTXOs *never* expire.
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