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Author Topic: Are bitcoins subject to confiscation?  (Read 254 times)
ABCbits
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August 12, 2026, 07:37:40 AM
 #21

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Didn't expect him to throw away technical rationality.
Why not? At least it is consistent: he is also in a minority in other areas, so it is not the first time: https://blog.lopp.net/knot-a-serious-project/

I should be more specific. I mean i didn't expect such obvious technical non-sense statement. For example.

BIP110 activated successfully. There is a contentious hardfork attempt attacking Bitcoin in an effort to displace it and steal the name "Bitcoin" for their CBDC. Knots will not cooperate with their attack.

The only recent fork on either chain is only BIP 110. BIP 110 claim itself as soft-fork, while there's no soft-fork or hard-fork on Bitcoin chain.

Miners are not the ecosystem.

Miner is definitely part of cryptocurrency ecosystem that use PoW, they have role to create new blocks.

stompix
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August 12, 2026, 08:34:44 AM
Merited by athanred (1)
 #22

Two days later, still two blocks  Grin
It will always be alive as long as Greg is still hoping there will be a third!
When i write this reply, the third block mined about 1 hour ago.

And look at those juicy fees 0.55 lukecoin in fees!
Too bad OP has locked the other topic but exactly what Iwassaying there is happening, wvene with them rejecting trsanctiosn they have a 225k tx mempool right now of over 400MB, not only that but they are spending more lukecoins in fees, if they are stubborn to keep it going like this their own nodes will start rejecting txs under a x fee; it will be so funny!!!!

So, does anyone want to buy any BIP-110 coins?

I'm pretty sure there would be a few takers, just as I'm pretty sure 99% of them would try to scam you out of your Bitcoins, no replay protection and a nearly stalled chain are just inviting scammers to take advantage.


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athanred
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August 12, 2026, 08:59:44 PM
 #23

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I'm pretty sure 99% of them would try to scam you out of your Bitcoins
Don't worry, my coins are splitted and confirmed on BIP-110 chain, so nothing will be replayed.

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no replay protection
Their new rules are enough to reach replay protection. First, you can use for example P2PK on a non-BIP-110 chain. Then, you can see it confirmed in 10 minutes. Then, you can send a transaction on BIP-110 chain. And then, you have splitted coins.

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nearly stalled chain are just inviting scammers to take advantage
Of course. I treat it more like a testnet, or even warnet, where some edge cases can be tested. For example: imagine that Bitcoin will be heavily censored for whatever reason: can you, as a user, get your message confirmed, or not, in that kind of circumstances? I guess BIP-110 chain can give us some clues, how users would behave in a hostile environment, where developers want to constantly block you from transacting. And now, they kinda succeeded, because the chain stops all of the spam through a huge Proof of Work filter.
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