I was always wondering what's the difference between Apple Pay and Google Pay.
Now I know: Google knows about every f*cking payment you make, while Apple doesn't.
More about Apple Pay:
As more people are asking:
@TREZOR
is not vulnerable to recent Meltdown and Spectre hardware attacks, because it has processor not affected by these. Also our firmware is always signed, so the device never runs untrusted code. Using a hw wallet is now more important than ever!
As usual,
@coinbase
shows its incompetence in big style. While there are transactions with fee as low as 1 sat/byte being mined right now, they still use non-Segwit transactions with fees over 100 sat/byte. DON'T USE COINBASE!
I am a big fan of $LIBRA. It's well written and the documentation is great. It has a potential to replace Ripple, Stellar, Ethereum, all Stablecoins, etc. For every other usecase when truly decentralized and uncensorable network is required, there will still be
#Bitcoin
!
CBDC crap escalated quickly.
That's why we need
#Bitcoin
with all its properties (decentralized, independent, self-sovereign) and not just a "cryptocurrency".
Stop using
@coinbase
, they are ignorant, irresponsible and incompetent. Withdraw all your coins now, later you might not get this chance when this rotten VC empire falls appart. Tell your friends about other ways how to get into
#Bitcoin
. Don't keep that just for yourself!
It's 28th of October and everybody is celebrating the 100th anniversary of Czechoslovakia. Meanwhile, I am finalizing the new firmware for Trezor, which will be released tomorrow. Independent organizational structures built on top of a truly decentralized economy are the future!
To address extreme levels of travel, Tesla has applied the following temporary limits:
- Verified accounts are limited to travelling 200 miles/day
- Unverified accounts to 20 miles/day
- New unverified accounts to 10 miles/day
Hey
@VitalikButerin
! There is no shame to admit you were wrong. Come back to work on something that has positive impact on the world. Come back to work on
#Bitcoin
once again. We still have a lot to do ahead of us. 🚀
Danske Bank laundering $230 billion.
Danske Bank paying a $2 billion fine.
And Bitcoin is said to be used for money laundering... 🤦
You could never launder money through Bitcoin with only a 1% fee!
Chance you guess a person’s 12-word recovery seed:
1 to 340,282,366,920,938,000,000,000,000,000,000,000,000
Chance you guess a person’s credit card number (including the CVV):
1 to 10,000,000,000,000,000,000
This is why I ❤️ open-source.
I resurrected an older attempt by Rauli Kumpulainen to use ARMv8 SHA2 native instructions in
#Bitcoin
. This was later improved by
@pwuille
in the pull request I made.
Together, we improved SHA256 performance 8X to 10X when computing Merkle trees.
While most people in
#crypto
are looking at the exchange rates and BCH ABC/SV dunce battle, I am experimenting with
#Lightning
and
#Liquid
on top of
#Bitcoin
. How was that saying? Don't look where something is happening, but instead look where something is going to happen?
Played last 2 days with
#LightningNetwork
I realised why I love it so much! It instantly brings me the 2011 nostalgia when we were playing with Bitcoin: typing weird commands in the console, not knowing surely what they'll do and those happy faces when they performed as expected!
With regards to
#35c3
findings about
@Trezor
: we were not informed via our Reponsible Disclosure program beforehands, so we learned about them from the stage. We need to take some time to fix these and we'll be addressing them via a firmware update at the end of January.
Remember, here is the still valid list of enemies of Bitcoin: Avoid Coinbase, avoid BitPay, avoid Blockchain and every business connected to Roger Ver or Jeff Garzik. They'll do anything to subvert the independence of Bitcoin via bait-and-switch tactics.
Left: MIT computer scientist Katie Bouman w/stacks of hard drives of black hole image data.
Right: MIT computer scientist Margaret Hamilton w/the code she wrote that helped put a man on the moon.
(image credit
@floragraham
)
#EHTblackhole
#BlackHoleDay
#BlackHole
Proof of Stake is how Fiat works.
The ones with most stake control the validation rules and they receive a reward for doing so.
Once you acquire a large stake, there is no way for smaller players to take you down.
Proof of Stake is not a step forward.
It's a step back.
Banks are going to love ETH. Think about it. PoS means all banks have to do is print more fiat to buy enough ETH to control consensus. It's a built-in critical vulnerability.
You probably knew
@Trezor
can be used as
#U2F
/
#WebAuthn
token, but did you know Trezor was the first U2F/WebAuthn showing the site you are logging into on its display?
#SecurityMadeEasy
This is how shitcoins look like once you spend some time studying and reading.
Without this, they all look like compelling magic.
Please, do your own research! It's worth it.
The Canadian government is justifying its action of freezing the protesters' bank accounts.
Remember, without the freedom to transact, you have no other rights!
Do you still think you don't need
#Bitcoin
in this world?
Yesterday marked exactly 10 years since
@slush
created the first
@Trezor
commit, which kicked off an incredible ride for the two of us and the entire
@SatoshiLabs
.
Over those years, 224 people have contributed, creating a total of 11,555 commits.
Here's to another 10 years! 🥂
People who tell us that
@Trezor
should stay out of "politics" and stick to "business" don't get it.
Both
#Bitcoin
and Trezor are cypherpunk projects and therefore inherently political.
It takes 6 months to sync the Ripple history. Its size is 8+ GB and there are just 2 public endpoints with the full history available. Makes me laugh and cry at the same time! 😂
🎉 🍻 Isn't this a nice way to start the weekend! After almost 6 months of full time syncing: **FULL HISTORY** on a new rippled node! Started syncing 2018-02-14 and now... Ledger 32570 😎 Filled up a few of those Samsung 1TB enterprise SSD's with 8.4TB 😅
The people behind $BCH have a highly-trafficked website, "Bitcoin" twitter account & "BTC" subreddit setup to fool visitors into buying the wrong asset. BCH's figurehead doxxed multiple people, the asset itself is insecure and vulnerable to attack. Ridiculous double standard.
Did you know that James Webb Space Telescope runs on RAD750?
It's a $200,000 radiation-hardened single-board computer based on PowerPC 750 running at 118 MHz, first released over 20 years ago in 2001.
For comparison, a $35 Raspberry Pi 4 released in 2019 is around 35x faster.
We reached another sad milestone in censorship: 51%
This means if the censoring validators would now stop attesting to non-censoring blocks they would eventually form the canonical, 100% censoring chain.
Although we are just 12 days into the new year, I think this is one of the most important cryptocurrency talks of 2018. It describes Confidential Transactions in Mimblewimble and Scriptless Scripts that allow smart contracts to be used in CT-based systems.
Stop asking for various
#Bitcoin
forks. We all get more if we focus on Bitcoin ecosystem. Its value will then grow organically. Look at BGold, you got less than 300 USD/BTC, but meanwhile 1 BTC went from 7500 to 8200 USD. Forks cost too much effort which is missing somewhere else
Today, after 20 months of development, user testing and talks with the smartest people in the industry, we are introducing
#SLIP39
aka
#Shamir
Backup to our
@Trezor
Model T. I'd like to thank everyone involved in this huge effort pushing digital self-sovereignty way further!
Manage your recovery seed more safely. How? Introducing Shamir Backup AKA
#SLIP39
, a new security standard to protect the backup of your keys. Trezor Model T is the first and only hardware wallet in the world to fully implement it.
Today, we shipped the first batch of
@TREZOR
model T to their happy owners! We at
@SatoshiLabs
have been developing this for more than two years, and this is just the beginning... I am looking forward to all cool applications we will build together on top of this platform!
Computer Science 101:
If there was a secure way to handle 0-conf transactions, we wouldn't need a blockchain with proof of work at all. We would all just use the mempool.
But there isn't because a transaction can't be immediately propagated to all the mempools on all the nodes.
I’ve been playing with
@BtcpayServer
,
@ZeusLN
and LNDhub.go all weekend. I believe these three projects will become instrumental in the near future where we onboard 1 billion people into
#Bitcoin
/
#LightningNetwork
!
It seems, I have the
#LNTrustChain
torch now! Cool experiment and very good reason to finally try the epic
#BlockstreamSatellite
API! ⚡+🛰=♥
Was this the first
#Lightning
invoice broadcasted from space to Earth? I don't know, but it was very exciting nonetheless!
I just LOLed. It seems that folks at BitcoinSV (Scam & Victimize) were celebrating the mining of a 103 MB (world record) block, but later it was, surprise, surprise, orphaned: see (Confirmations: -1)
📢 GIGA CHAD STRIKES BACK
@Saylor
returns to Prague with another brilliant talk! 🔥 We are thrilled to hear Michael's insights… 👀
Last year, many
#bitcoin
plebs had a chance to take a selfie with him. 🧡 Now it’s your shot!
👉Go find 12 MORE NAMES on the website!👇
At
@SatoshiLabs
years ago, whenever there was a critical task such as a firmware or web wallet release, the person responsible would wear a plush octopus on their head. This was a sign for everyone to know that the person was focusing and should not be interrupted at any cost! 😅
Great analysis by
@LaurentMT
! Segwit or Lightning would not help Coinbase to solve their UTXO problem. But big blocks would. That explains their recent anti-Bitcoin behaviour.
For example, this entity () is a wallet controlled by Coinbase. To date, it owns around 203 BTC split in 1,464,545 utxos !
With BTC at $15.8k, it means $3.2M with an average utxo value of 2.2$.
#DustInTheChain
I am writing an article where I'll compare the hardware and software aspects of pre-configured/pre-built
#Bitcoin
full nodes. So far I have BitBoxBase, Casa Node, nodl, RaspiBlitz, Samourai Dojo and nix-bitcoin. Is there anything missing from the list?
"Back in 2016, Ethereum co-founder Vitalik Buterin projected the supply won’t cross 100 million in the foreseable future – not until the next century at least."
This level was crossed about 4 months ago. That's your Central Banker, my fellow altcoiner!
If you think
@jgarzik
went full retard with Segwit2x or Metronome, wait until you read about his newest project. Some people just don't know when to stop!
So, the
#LNTrustChain
torch has traveled all around the Earth and has been to its geostationary orbit and back. What's next? Mars with
@ElonMusk
? Beyond our Solar System with
@WilliamShatner
? Send me an invoice for 2940000 satoshi and let's make this happen!
#Bitcoin
If you use the word "crypto" more often than the word "Bitcoin", you have learnt nothing.
Well, unless you are a cryptographer, in this case you are fine :-)
Why
#Bitcoin
is the only blockchain that makes sense for real and future-proof applications. Please don't respond unless you've read the whole article.
If you wondered why Ethereum fees are high, here is a typical NFT smart contract function invocation onchain.
~80% of the data is zeroes. Booleans and uint8s are encoded using 32 (!) bytes each.
So it seems you can open the
#Lightning
channel from
@Trezor
using soon to be released
@ElectrumWallet
. Sending and receiving LN payments works and when the channel is closed, coins are settled into the Trezor again. Thanks
@ElkimXOC
for testing and Electrum team for developing!
What's the use for altcoins that have no intrinsic value, nobody uses them (except speculations) and they tank more when Bitcoin is tanking (so they cannot be used for diversification). Dump them while you can and reinvest into Bitcoin, which has great dev-team and future uses.
Not only is the Czech Republic home of the first hardware wallet
@TREZOR
and the first mining pool
@Slush_Pool
, but it is also home for the top Wikipedia editor for
#Bitcoin
topic Ladislav! So happy to read articles like this:
#BitFi
is basically a closed-source
@TREZOR
with a preloaded constant recovery seed that cannot be changed, disabled PIN protection and enabled passphrase protection. If this is unhackable, so is TREZOR. Why would you turn off 3 of 4 protection mechanisms and use just one?
I know Bitcoin is great, but we also need Tor to be able to use the internet anonymously to fulfill its cypherpunk vision.
Tor is being rewritten in Rust, but the project still needs to resolve issues with the current C implementation.
Apply now!
You gotta love the ingenuity of
@Trezor
users. u/Gigahawk really wanted a Trezor One with USB-C port, so he took the open-source Trezor schematics and he built one from scratch!
Read the whole story here: