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921  Bitcoin / Development & Technical Discussion / Re: What will happen if this congestion continues on: May 18, 2023, 08:00:56 PM
On May 16th, Ryan Gentry from Lightning Labs announced that they are launching Taproot Assets v0.2. As far as I understand, this update should allow us to operate with tokens mainly in the second layer and not take up as much space in blocks as happened recently. Will the new solution from the Lightning Network help solve the problem and reconcile the community with tokens without a mempool congestion?
Well, not the solution I was waiting for, but still better than nothing. Moving all spam transactions to L2 will free up the mempool and get rid of the congestion. Most NFT transactions use low fees so they should be suitable for Lightning Network.
922  Economy / Gambling discussion / Re: Tennis League All Thread on: May 18, 2023, 07:27:30 PM
Breaking! Bad news from the King of Clay: Rafa pulls out of Roland Garros:

Quote
Rafael Nadal held a press conference at his Academy on Thursday where the 22-time Grand Slam champion announced he will be unable to defend his French Open title at Roland Garros due to ongoing hip injury; the Spaniard also announced 2024 is likely to be his last year before retiring

So no RG this year for Rafa unfortunately and 15th RG title will have to wait until 2024!   Sad
923  Economy / Economics / Re: Financial education or 1million dollars on: May 17, 2023, 08:55:13 PM
Financial education has always been a game changer in the financial state of a man, it is the best education a father can give to his children because once you are financially educated, it's near impossible not to be financially stable.

Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.

On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on  the long run,
I don't know if anyone sees it the same way I do?

Education alone is not sufficient. You need to be very hard-working and also lucky to become a millionaire. I know lots of people with great education, degrees etc who would make very poor entrepreneurs. And equally many people with only school of life behind their backs who are great businessman and are very well-off. And even if you're hard-working and lucky you're not guaranteed to earn 1 million. So I'd choose 1 million it's a no-brainer.  Cool
924  Bitcoin / Bitcoin Technical Support / Re: I need help on: May 17, 2023, 08:48:44 PM
I have a problem and I need your help in finding a page with stock exchange shares that functioned on the Polish market in 2010-2013, but I am aiming for 2010-2011.
If they announced their launch here in Bitcointalk, you may find a thread about it in "Economy > Marketplace > Service Announcements" board.
Here's the link to the last page: https://bitcointalk.org/index.php?board=84.11640

The topics are sorted by "last post" by default so the announcement thread may not be in the older pages if it received recent replies.

I will try find something there, thank you !





Take a look here: https://blockspot.io/exchange/
You can put in Poland in the country search and it gives a list of 7 exchanges all of which are offline so it may be one of those.

Also, you can also take a look at: https://en.bitcoin.it/wiki/Category:Defunct_exchanges
Not 100% inclusive but it might get you something if the 1st option does not work.

If none of that works try searching around archive.org it's going to be slow and a lot of guesswork in search terms but it might get you something.

Good luck.

-Dave



Thank you very much! The site I'm looking for was a stock exchange site. Only cryptocurrencies were not there. I remember that after registration I received an email with a "code"/"key" to the account/wallet.
Later after buying Bitcoin on the site, after a few days of not logging in, there was a message, "Hello Your Bitcoin is calling you, log in again to your account". And then I turned off the notifications on the website and I didn't have any more e-mails. I'm not 100% sure it was a Polish site. The registration was in English but the main menu was later set to Polish. So thats why i think it was polish exchange stocks and crypto site.
I can't stop thinking about it. I'm still trying to find this page... Ehhh, maybe this is where I'll find help

So where is that registration email now? Perhaps you'd want to check your inbox if you still have access to that email address. Also some people prefer to print out a copy of a welcome email and store it separately. Maybe that was the case with you?

P.S. I was pretty active about that time looking for new exchanges but honestly I don't remember any exchange with a color combination you mentioned and in Polish.
925  Bitcoin / Bitcoin Discussion / Re: On Ordinals: Where do you stand? on: May 17, 2023, 05:50:59 PM
It's all "pro-poor" talk. Bitcoin performs much better when it is used less. With an increase in the activity of use, a transport collapse occurs. You can accept this as a given or try to fix it somehow. The developers tried, but it led to unexpected side effects in the form of an unplanned blockchain use case. Now we must accept the consequences of our decisions and move on, or accept that the weakening of consensus as a result of the update of the taproot was a strategic mistake and try to fix it so as not to damage the reputation of bitcoin. Because the holders of the brc-20 tokens uploaded their stupid pictures to the blockchain according to the current consensus rules and paid for it with real bitcoins at the market price, one cannot deceive their expectations about the preservation of the value that they entrusted to the most reliable network, and about the possibility in the future to freely spend their exits.

Do you know what happens when a rock star or a famous pop singer dies? People start to listen to their songs more. When an artist dies, his paintings' price increases. So if ordinals will be banned, the existing ones will cost much more (in case devs don't delete the metadata tag completely of course). It's a win-win situation. Bitcoiners will get rid of spam and ordinalists keep their precious NFTs and even earn some hefty sum perhaps.  Cool
926  Economy / Gambling discussion / Re: Tennis League All Thread on: May 17, 2023, 01:07:48 PM
In the women's singles two have moved to the semifinals, Kudemtrova and Kalinina. Two more quarter finals left in which one is being played between Swiatek and Rybakina and the other is between Badosa and Ostapenko. In the Miami and Indiana Wells open Rybakina reached the finals and unable to lift the trophy. Swiatek on the other side won the Stuttgart Open and these two played in the semifinals of Indiana Wells and Rybakina won 6-2 6-2. This interests me on the upcoming match between the two as it looks promising year for both.

They also met in the round of 16 at AO and Rybakina won that one 6:4, 6:4. Last time it got ugly for Swiatek as she looked completely helpless against Elena in Indian Wells. But today is an opportunity to turn the tide for Iga.
927  Bitcoin / Development & Technical Discussion / Re: What will happen if this congestion continues on: May 17, 2023, 11:30:45 AM
Ban ordinals and BRC20 and any other NFT/non-financial data on blockchain.

This is as silly a thing to say as people imploring the government to "ban bitcoin" because they don't like it.
Ordinals should be banned not because somebody doesn't like it but because it's ddosing the sh*t out of the blockchain.

Quote from: tromp
Bitcoin is is designed to be ban-proof. You can harass the onramps and off-ramps but you can't stop bitcoin
itself in its tracks.
That's a fact. But there's a huge difference between Bitcoin and ordinals.

Quote from: tromp
Similarly, ordinals are pretty ban-proof. By the time you get a significant fraction of nodes to try filter them out from the mempool, they have already adopted a different encoding scheme bypassing the filter. The more you filter, the more ordinals encoding will become indistinguishable from financial transactions, and the more collateral damage you cause. In the worst case, they will just use fake output addresses for embedding data.
That's BS. It's easy to fix the ordinals bug. Just like the double-spend and unlimited Bitcoin bugs were fixed. I guess it will only take a few lines of code that's it. Removing or filtering/limiting OP_RETURN is not complicated at all. Just simply limiting the size will instantly send 70-80% of that crap into oblivion.

Quote from: tromp
That may be a little less efficient but at these fee levels they're willing to pay it obviously doesn't matter much.
Again wrong. they're not paying lots of money for their spam transactions. Regular users who need to process their tx faster do that trying to outbid each other.

Quote from: tromp
Not only is there no plausible approach to banning them from the mempool, but doing so wouldn't even suffice. Miners are very keen on processing these transactions which raise overall fee levels. So they'll make it easy to have these transactions routed directly to them.
Cut off the metadata tag and miners won't have anything to process.  Grin
928  Bitcoin / Bitcoin Discussion / Re: On Ordinals: Where do you stand? on: May 16, 2023, 09:51:18 PM
Why do we have to sacrifice anything? Bitcoin can be what matters and it can also be fast and cheap simultaneously.
Unless it becomes more popular, and there appear to be more transactions on-chain. I wonder what will be your excuse then. "Bitcoin must split, because we can't handle everyone in 1 MB blocks" -  Roll Eyes
Becoming popular has nothing to do with the number of transactions. Bitcoin IS popular as an asset, hedge against inflation, store of value, investment etc. You mean if it becomes more popular as a currency or payment method? Well, we have LN for that.

And please stop making up things. Your assumption is wrong. I was against big blocks back in 2017. You can easily browse my post history for proof.  Cool

Quote from: BlackHatCoiner
With 500000 monkey pics occupying the mempool ANY fee was low.
Lol, what? As far as I can see, the overwhelming majority of Ordinals pay minimum. It was just the recent fuss with BRC-20 which raised the fee rate to the ceiling.

I don't really care. Ordinals, inscriptions, BRC-20, NFT call em what you like. I don't see much difference anyway. Like all altcoins are frequently being referred to as shitcoins, we can call this useless metadata crap. Or we can call em scam perhaps? Who cares?
[/quote]
 
Quote from: BlackHatCoiner
Garbage trucks gather together and drive slowly along the streets of your city. Every 10th garbage truck gets a bonus, say 50 bucks, just for participating. Close enough? Do you see any resemblance?
With the exception that roads are not means for monetary transfers that are resilient to censorship?

Just like blockchain is not means for storing useless spam.

929  Economy / Speculation / Re: Wrong Predictions as price keep failing! on: May 16, 2023, 09:26:53 PM
Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?

I'm not sure who's predictions you have read and where, but if we presume that 4 year cycle is intact, 2023 is 2019 in the previous cycle. As we know, 2019 was mostly flat with a tiny spike in summer and price dropping a bit in Q4. So we can't really expect any parabolic growth or ATH this year. Next year, year of the halving looks much more promising.
930  Economy / Gambling discussion / Re: Tennis League All Thread on: May 16, 2023, 09:14:22 PM
Sinner out from Roma ! Bad news Sad I should admit but Cerundolo has played today at high level.
Rublev out, Alcaraz out, Tiafoe out.... A lot of surprise during this tournament.
Lets see tonight Musetti against Tsitsipas Roll Eyes


Thats dissapointing for Sinner, Cerundolo could probably classed as a clay court specialist
so that was a tough one for Sinner. Italian hopes are all now on Musetti.

Of the top 10 seeds left in the tournament we have Djokovic, Medvedev, Ruud, Tsitsipas,
Rune. Its really looking good for Djokovic at this stage.




Coric is the next test for him and then we can discuss again. Smiley

Well Marozsan has taken the first set and the second set is still on serve.... It looks like his
high profile win yesterday hasnt phased him.

I really hope it's so. It was very fun to watch the Hungarian torture Carlitos with those dropshots... Grin

Medvedev v Zverev was a classy match. Medvedev pissed off the Italian crowd once again but somehow managed to defeat Zverev in straight sets. It looks like the German experiences some psychological issues, like a barrier which cannot be overcome at the moment.

Anyway, in WTA we're bound to see a very exciting quarterfinal Swiatek v Rybakina. Taking into account this is the 3rd or 4th time these ladies are meeting this year and Rybakina won all previous encounters we are about to witness a real thriller. Badosa - Ostapenko is also going to be big. No bets this time as these ladies (Badosa and Ostapenko) can be extremely unpredictable.
931  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: May 16, 2023, 08:54:23 PM
So - at the moment, India buys almost 70% of Russian Urals oil. It is a fact. Well, no one buys it anymore, why not buy it.

Yet another lie exposed:

Quote
Faced with Western sanctions on Russian oil, Russia increased crude oil shipments to China, India, Turkey, Egypt, and the United Arab Emirates. In fact, China contributed the most to Russia's oil export revenue since the war in Ukraine, at approximately 63 billion euros as of February 2023.

Crude oil has traditionally been the main source of fuel and energy export revenue of Russia, accounting for around 43 percent of the total. Between February 24, 2022, and February 14, 2023, Russia earned almost 197 billion euros from oil exports, including crude oil and refined products. Over the same period, EU countries paid around 83.3 billion euros for Russian oil, which was more than the amount spent on fossil gas and coal combined.

Source: https://www.statista.com/statistics/1350506/russia-crude-oil-shipments-by-destination/

Quote from: DrBeer
Especially if you can make money from it. The scheme is extremely simple:
- Russia sells Urals oil to India at huge discounts
- India partially sells this oil on the domestic market with a 100% or more markup
- India mixes the rest of the oil with other grades of oil and sells it to other countries. Nominally, something is no longer Russian, but a kind of mix, the origin of which is difficult to prove.

Source/links for this info please. Otherwise it just looks made up by you.  Grin

Quote from: DrBeer
Tell me, where is the world slipping out of the hands of the United States and abandoning the dollar? Smiley

Quote
The greenback’s share in global reserves slid last year at 10 times the average speed of the past two decades as a number of countries looked for alternatives after Russia’s invasion of Ukraine triggered sanctions, Jen and his Eurizon SLJ Capital Ltd. colleague Joana Freire wrote in a note. Adjusting for exchange rate movements, the dollar has lost about 11% of its market share since 2016 and double that amount since 2008, they said.

Source: https://www.bloomberg.com/news/articles/2023-04-18/de-dollarization-is-happening-at-a-stunning-pace-jen-says#xj4y7vzkg

But you can continue living in your imaginary world of fairies, unicorns and eternal dollar domination!  Grin Grin Grin
932  Bitcoin / Development & Technical Discussion / Re: Can Inscriptions Be Restricted Without a Hard Fork? on: May 16, 2023, 07:25:27 PM
A simple question really. Regardless of how people feel about Ordinals or Inscriptions, is it possible to ban them or otherwise restrict them without a hard fork? How would it work? I suppose a limit on the size of the witness data can be imposed after a designated block. Will that work?


I am not looking for opinions. Replies stating opinions on Ordinals or Inscriptions, and any replies to those opinions will be removed.


I'm sure it's possible (although many peeps here on Bitcointalk would claim the opposite). It's just the matter of core dev team starting to treat ordinals as a bug, as an exploit. Once they start treating it as a bug, they will find a way to stop this plague. This is what happened to the double-spend bug, unlimited Bitcoins bug and all other serious Bitcoin bugs (not many of them were exposed so far). No hard fork necessary.

The solution would involve some tinkering with OP_RETURN (be it a complete removal or size limits/metadata type filtering) and should be pretty straightforward.
933  Bitcoin / Bitcoin Discussion / Re: On Ordinals: Where do you stand? on: May 16, 2023, 03:55:09 PM
It's a question of priorities.  The lesser of two evils, if you will.
If you sacrifice what makes Bitcoin matter in order to make it faster or cheaper, you're making it worse.

Why do we have to sacrifice anything? Bitcoin can be what matters and it can also be fast and cheap simultaneously. And it worked like that for 13 years. Without ordinals. And now you're telling me to sacrifice something to support monkey spammers who are willing to earn money selling their trash dick pics and fart sounds? Why should we support them?

Quote from: DooMAD
In your reply to that customer, did you point out that they could opt to include a lower fee and, as a trade-off, the transaction would take longer to confirm?  High fees aren't compulsory.  When the network is busy, you can either choose to have a fast transaction or a cheap one.  

When was the last time you used Bitcoin? With 500000 monkey pics occupying the mempool ANY fee was low. I personally tried a whopping 80sat/byte during high fee top and tx was still stuck for hours if not days.

Quote from: DooMAD
People accept congestion on the roads as a fact of life.  Is it reasonable for people stuck in traffic to say that certain groups of road users should be discriminated against, or that if it carries on like this that everyone will simply stop using roads?  I don't personally see how it's justified to make those same arguments here.  Sometimes you just have to accept that other people exist.  They all have things they're trying to do and there may be times when you might opt to seek a less congested route.  That's life.  Not everything can be perfect.

Great scenario btw, people are used to traffic jams that's true. Now imagine a new movement has been launched let's say a Garbage Truck Parade.  Grin
Garbage trucks gather together and drive slowly along the streets of your city. Every 10th garbage truck gets a bonus, say 50 bucks, just for participating. Close enough? Do you see any resemblance?  Grin
934  Bitcoin / Bitcoin Discussion / Re: On Ordinals: Where do you stand? on: May 15, 2023, 11:28:29 PM
It's a widely accepted fact that blockchains are not efficient.  The reason we use one is because it guarantees that no one can prevent us from transacting.  And now you proclaim that it's "common sense" to prevent people from transacting on a blockchain?  Sounds like the opposite of sense to me.

Actually, to play devils advocate here, there are blockchains that are much more efficient - but they are much less reliable and/or secure. If anything there is a correlation between a blockchain's efficiency and how it's unreliable, less secure and more centralised. Look at Solana for example, it's extremely efficient while also being completely unreliable (has "shut down" many times) as well as very centralised. These days Ethereum is more or less in the middle, it's relatively secure (even though still quite centralised) and relatively efficient

Ah yes, Ethereum.  A prime example if ever there was one.  I never had any great deal of interest in Ethereum to begin with, but lost what little respect I had for it during the ETH/ETC split (which some people in this topic could learn from).  

What happened?  Well, in 2016, the ETH devs (or should that be dev, singular?) decided to intervene and make something controversial disallowed.  It caused a major divide in their community and the outcome was that many people dismissed the project as a massive failure.  

Now, where have I heard that sort of thing recently....?  Oh, that's right, some of the eejits in this thread want to repeat that mistake!   Cheesy

I'm glad you're talking sense, though.





NO to put images/NFT in the blockchain, they can YES, but that wasnt the main objetive.

Dont lose the objetivity man.

One of my favourite Bitcoin quotes is the following from 2014:

Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.

That's the objective.  You're the one losing sight of it.





I bet Artemis3 in his entire lifetime won't produce the number of transactions a bunch of retarded ordinalists produce in a single day. If you don't see the difference between the amounts of transactions I question your sanity.

See, this is why we can't have nice things.  Even members of the forum who have been around long enough to know better have boarded the reactionary bandwagon.  Shame on you and Artemis3.  Legendaries as naive as newbs.  It makes me genuinely sad to see this level of ignorance from those who have had years to educate themselves.

"OH NOES!  BITCOIN IS TOO POPULAR!  WHAT WILL WE DO!?"   Roll Eyes

Seriously, what is wrong with you people?  Anyone can produce a bunch of large transactions in a single day and cause congestion.  That's been a possibility since block #79,400 (the year 2010).  If that's a catastrophic problem in your mind, then by that reasoning, you should have abandoned Bitcoin before you started using it!   Roll Eyes

I'm just glad most of the Bitcoin devs have greater foresight than Luke Dashjr and are unlikely to activate the self-destruct sequence like so many clueless users are cheering to do.

Frankly, I don't see any reasoning in your post, just insults, some general phrases, vague points and baseless statements. Well, I couldn't expect more from a crazy ordinals fanboi.

Do ordinals make Bitcoin price grow? No (in fact possibly the opposite)
Do ordinals make Bitcoin transactions faster? No (exactly the opposite)
Do most Bitcoin users enjoy better user experience? No (again the opposite)

So why do we need ordinals? Let me guess: "because freedom"?  Grin Grin Grin

And finally, a letter from one of my customers:

Hello,

Due to high fees and congestion on BTC crypto network/blockchain, it became impossible for me to pay for the invoice.

Current transfer fees are about $19-$50 on average, which would mean I would pay 2 x more for the transfer than for the *censored* itself.

Would you perhaps consider enabling *censored* payments additionally?

I cannot pay any other way because I only use crypto to pay for my *censored*.

Thank you.

But we have the freedom though! We are free from censorship and soon will also be free from Bitcoin if it goes on like this.  Grin
935  Bitcoin / Bitcoin Discussion / Re: On Ordinals: Where do you stand? on: May 15, 2023, 08:38:16 PM
Until tomorrow the next spammer decides otherwise.
What if I told you that your transactions are complete trash to my disk space? They're not very different to Ordinals from my perspective. I haven't made them, I don't earn a 'toshi by keeping them, and I even have to be more generous with my fee rate because of them. May I propose similar to you, or shall we accept that freedom is more important than a bunch of extra data chunks?

I bet Artemis3 in his entire lifetime won't produce the number of transactions a bunch of retarded ordinalists produce in a single day. If you don't see the difference between the amounts of transactions I question your sanity.
936  Economy / Gambling discussion / Re: Tennis League All Thread on: May 15, 2023, 08:19:48 PM
It's a shame I had to miss the Marozsan vs Alcaraz bet on the clay court ATP singles in Rome (Italy) just because the Odds were so low.
Even though this is a good opportunity to get a number of benefits.
This fight will be dominated by Alcaraz so he will easily become the winner.
Marozsan is really no match for Alcaraz, so whoever bets on Alcaraz for this match, you can get a win.

In surprising turn of events. Alcaraz has lost the first set against Marozsan and that too a convincing 6-3. I still doubt Marozsan will be able to win the match though. He was almost out of the tournament, the last round itself but got lucky with the opponent playing very poorly through out the match, especially at the end.

Edit: Marozsan beat Alcaraz 2-0. You should be glad you didn't bet because of the low odds.  Grin
New Star have emerged with the win against Alcaraz. It was completely unexpected, and we were able to see good number of matches in recent tournaments won by the underdogs. This time the second set was expected to be a win from Alcaraz, but the competence from Marozsan is really great and the tough play at the tie breaker turned the match. Second set was very close that Marozsan won it 77-64. Marozsan have reached the highest of 128th rank and winning against No.1 is a big day for him.

I think it's too early to say that a new star is born or something like that. All greatest players lose and sometimes they lose completely unexpectedly to some low-ranked player. It's very likely this Marozsan guy will lose in the next round like 0:6, 1:6 which is typical for new players on tour. Win against top10 guy then lose to some top100 player. Been there, done that. I watched Sinner v Shevchenko yesterday and that match was also too tight for Sinner's liking. Shevchenko took it to the 3rd set and actually had a chance defeat Sinner.
937  Economy / Economics / Re: Deposits-in the bank or in gold? on: May 14, 2023, 06:03:14 PM
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
That's a weird question to ask on a Bitcoin forum.  Grin Bitcoin can't go bankrupt, it has no CEO, no board of directors, it never sleeps, it has great uptime and it can't be confiscated. Bitcoin doesn't take loans and it doesn't risk with customers' (users') funds. It's not dependent on any country's economy. What else could you wish for? Cool
What about gold? Doesn't it have the same qualities as well? There is one difference between Bitcoin and gold and it is that Bitcoin is way more volatile than gold, the price of gold doesn't fall as much as it grows over time while Bitcoin's price growth and drop speed are pretty much too high when compared to gold which makes it a more risky investment.

But I don't recommend someone buy and store gold in a bank, that doesn't really give someone an edge over inflation since it is again in the custody of centralized authorities and inflation can affect it for sure.

Not really, I mean it has some of the qualities Bitcoin has but it can be confiscated, it's a nightmare to store and transport. And you're right, Bitcoin is volatile short-term, but if we zoom out it only offers gains to long-term hodlers. And if the OP was asking about deposits he most probably is intending to keep his investment for some longer period of time.
938  Bitcoin / Mining / Re: Miners Should Consider the Lower Transaction Fees on: May 14, 2023, 05:44:26 PM
I tried making a transaction yesterday and I was asked 25$ and today it's 15$, maybe it will go lower in coming days or weeks so let's be calm for now, don't make any transaction unless it's very important.

Don't make transaction on a "Money" system?  hold on has everyone gone thru some kind of time warp here and forgotten what Bitcoin is?

If people lose faith that they can't send there money WHEN they need to but need to "wait" because of what is just spam all be it paid for spam on the network?

What if someone needed to make that urgent transaction for medical care but was priced out because of what has been added?

We have lost a use case that was our primary from day one. Money.

Money don't wait for JPEGS and Shit tokens.
Actually I am suprised we haven't seen more Bitcoin-Cash-gurus or other shitconers coming out of their holes and problaiming they have the ultimate solution yet.

I do wonder though, do we need more scaling discussions again soon? LN in its current state is not helping as intended - and larger money sum transactions will continue to be only available on-chain. I feel there are some similarities with the 2017 situation.

Because there are none left haha!  Grin Not only have I seen/heard from any big-blockers lately, I'm not even sure Bitcoin Trash still exists (well apparently it does). But who uses it? What is at least single real-world use case for it?
939  Bitcoin / Development & Technical Discussion / Re: congested mempool & LN on: May 14, 2023, 05:31:28 PM
Wouldn't that be the same case with LN in the future.
No because there cannot be Ordinals in lightning.

Definitely not, but LN is L2 so it still depends on the main blockchain to function. If LN transactions are stuck somewhere between 500000 monkey and dick pics there's little use in LN.

940  Bitcoin / Bitcoin Discussion / Re: My experience with memorizing seed phrases on: May 14, 2023, 05:00:44 PM
First things first, I have pretty average memory, I don't forget important things too often, but I also can't instantly memorize things to the tiniest details like some gifted people can.

Around 5 years ago I decided to memorize my wallet seeds to have one extra backup method. My main backups are pieces of paper + a flash drive with wallet files.

I memorized all 4 wallet seeds (12 words each) that I have very quickly by rehearsing them from memory and checking with the written down seeds every day. For a long time, maybe 1-2 years I kept discipline and repeated the seeds every day, but eventually I started slipping and forgetting to do it, especially if I was busy with something. This affected my memory, and sometimes I forgot or wasn't sure about parts of a seed (2-4 words) so I had to look at it again and repeat it more often.

Interesting thing about memory, it's easier for me to repeat them in the sequence that I was always repeating (seed 1 -> seed 2 -> seed 3 -> seed 4) than to repeat only one seed that isn't the first. Also I can't repeat the words starting from non-first word or in an order that isn't original. So to me it's more like keeping in memory one big 48-word seed than having 4 seeds of 12 words each.

So in summary, I think memorizing a seed is easier than most people think, and there's no need to come up with songs or rhymes or other stuff, they can probably even make things worse. But in general memory is not reliable, even in long term, so this shouldn't be viewed as a reliable backup. It's just a nice extra layer of backup that doesn't require any complicated setup, and its strongest upside is that it's always with you (until your memory fails).

Wow I never knew one could memorize the entire 4 wallet seeds. That's impressive. But then again, the effort you have put into this is incredible. I wouldn't manage to rehearse the seed words every day for several years. The only downside - you now know the seed, you keep it in your brain so in case you will be say kidnapped and tortured ($5 wrench attack) there's a possibility you'll give it out to the bad guys.
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