Nicholas Gregory Profile Banner
Nicholas Gregory Profile
Nicholas Gregory

@gregory_nico

35,774
Followers
724
Following
450
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5,368
Statuses

CEO @commerceBlock , @thecivkit contributor, software engineer, bitcoin, ex-Martial Arts coach/practitioner (now BJJ purple belt)

Joined December 2014
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@gregory_nico
Nicholas Gregory
3 months
No matter how many times I have seen this, it never gets old. Favourite #Bitcoin pumping video...
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@gregory_nico
Nicholas Gregory
25 days
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@gregory_nico
Nicholas Gregory
13 days
Medium of exchange is a distraction? I swear the title of the white paper was. "Bitcoin: A Peer-to-Peer Electronic Cash System"
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@gregory_nico
Nicholas Gregory
1 month
JPEGs, spam, and junk items on the Bitcoin blockchain are distractions. The real adversary is companies like ChainAnalysis, whose voodoo science threatens Bitcoin's foundational principle as a peer-to-peer currency. In the Roman Sterlingov case, unreviewed, closed-source
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@gregory_nico
Nicholas Gregory
1 year
Excited to announce the release of our latest paper, working tirelessly with @raypaxful and Antoine Riard! We propose a new peer-to-peer electronic market system built on the #Bitcoin and #Lightning . It's open-source and we've already started implementing it! #opensource
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@gregory_nico
Nicholas Gregory
7 months
@Snowden Democracy is an illusion...
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@gregory_nico
Nicholas Gregory
1 year
Today we introduce MercuryLayer, our new Bitcoin Layer 2 initiative! We're thrilled to announce this significant step in our journey. Inspired by @SomsenRuben statechains paper, we initially developed MercuryWallet in 2020.
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@gregory_nico
Nicholas Gregory
11 months
Exciting news! Proud to announce the first release of CivKit Node, a basic Nostr relay with additional features for a functional peer-to-peer market board, written in Rust. Check out the GitHub link below to explore and get involved! 🔗 GitHub:
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@gregory_nico
Nicholas Gregory
2 months
Bitcoin was created to be a superior form of money, not a religion. The moment it becomes blind dogma rather than an evolving financial innovation, it's time to reevaluate
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@gregory_nico
Nicholas Gregory
10 months
1/7: We're excited to announce a new #LightningNetwork server implementation, Civikt Orage! 🎉
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@gregory_nico
Nicholas Gregory
7 months
@mohammed_hijab @benshapiro @PiersUncensored Can't blame him for fearing you, you are not small :)
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@gregory_nico
Nicholas Gregory
24 days
History does not repeat but it does rhyme...
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@gregory_nico
Nicholas Gregory
6 months
The Irony of Bitcoin Influencers and the Myth of Software Ossification In the dynamic and often speculative world of Bitcoin, the concept of 'software ossification' becomes a paradox, especially when promoted by certain Bitcoin influencers. It's almost comedic, akin to armchair
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@gregory_nico
Nicholas Gregory
1 month
Bitcoin layer2s for the win. Lightning network with have Bolt 12 soon, @mercurylayer will be live next month. #bitcoin #Layer2
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@gregory_nico
Nicholas Gregory
15 days
Tom Hardy knows...
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@gregory_nico
Nicholas Gregory
1 year
Virtual Open Dimes is the way.
@WhatBitcoinDid
What Bitcoin Did
2 years
"You're essentially turning bitcoin into a dollar bill...I was a fan of Opendimes...we've kind of made them virtual." - @gregory_nico WBD560
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@gregory_nico
Nicholas Gregory
2 months
@L0laL33tz So anonymous crypto in Europe tax free now?
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@gregory_nico
Nicholas Gregory
5 months
Success in Bitcoin was always destined to attract adversaries, particularly in the form of weak men. These individuals, lacking in both vision and integrity, are the true enemy. They articulate convincingly, yet they possess no substantial history of creation or contribution. In
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@gregory_nico
Nicholas Gregory
3 months
Always said: Scalability issues = users, a good sign. Being hacked = we're valuable. Our database on the @mercurylayer testnet was hacked & faced a ransom demand yesterday. If these numpties had read our docs, they'd know we're a blinded service with no valuable data. Proves why
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@gregory_nico
Nicholas Gregory
5 months
Best example of biggest threat to Bitcoin…
@BitcoinSapiens
BitcoinSapiens ⚡️
5 months
Ready to make a change to the #Bitcoin  protocol when these 10 people agree it’s needed. 1- @jimmysong 2- @BitcoinPierre 3- @dergigi 4- @PortlandHODL 5- @saifedean 6- @Excellion 7- @giacomozucco 8- @BitcoinErrorLog 9- @MrHodl 10- @saylor
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@gregory_nico
Nicholas Gregory
1 month
Do you truly want Wall Street's involvement in funding Bitcoin development? History suggests this is dumb, as their track record indicates a propensity for imposing control. I have firsthand experience working within Wall Street, building trading and risk software. I
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@gregory_nico
Nicholas Gregory
2 months
It's remarkable that in 2024, there is still a misunderstanding that recording data on a blockchain automatically creates a 'digital asset.' Companies have tracked ownership of stocks and other assets digitally for years without using blockchains. The primary purpose of a
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@gregory_nico
Nicholas Gregory
8 months
If it were not for the Roman Empire, we would never had the movie Gladiator…
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@gregory_nico
Nicholas Gregory
8 months
No better place for a conference then @SurfinBitcoin and great photographer!
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@SurfinBitcoin
Surfin'Bitcoin
8 months
💥 Revivez Surfin' Bitcoin 2023 en vidéo, la conférence incontournable de l'année ! #SBTC23 On a hâte de vous retrouver l'année prochain pour la 5e édition 🏄‍♂️😎
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@gregory_nico
Nicholas Gregory
1 year
🔗 Look at our paper here: We can't wait to see how to will work in the wild.
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@gregory_nico
Nicholas Gregory
9 days
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@gregory_nico
Nicholas Gregory
2 months
The guy is basically saying you can not have a democracy without freedom to transact your funds. CBDC does not fix this, Bitcoin does...
@INCIndia
Congress
2 months
All our bank accounts have been frozen. We cannot do our campaign work. We cannot support our workers and candidates. Our leaders cannot travel from one part of the country to the other. We're unable to put out our ads. This is being done two months before the election campaign.
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@gregory_nico
Nicholas Gregory
1 year
It seems that @torproject is suffering under DDOS. Projects are going to have to be network agnostic and be able to switch to different networks. We have been looking I2P. Coming soon...
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@gregory_nico
Nicholas Gregory
2 months
Lightning Latch Transfers Unlocked 🔓 We at @commerceblock been working hard on attaching spending conditions to existing statecoins! With @mercurylayer 's blinded servers, we can now leverage Hodl invoices to lock funds until a payment hash pre-image is revealed. This allows
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@gregory_nico
Nicholas Gregory
1 year
The things you see on the london tude... I would have asked her number for other bitcoiners, but she was with a guy.
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@gregory_nico
Nicholas Gregory
1 month
They rendered gold irrelevant by reducing it to a mere pet rock, with boomers insisting it will regain its former glory. The same narrative is happening around Bitcoin. Let's not forget the Bitcoin paper: 'Bitcoin: A Peer-to-Peer Electronic Cash System.' Its for payment not just
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@gregory_nico
Nicholas Gregory
1 year
The system enables censorship-resistant and permissionless trading between users of Bitcoin. We leverage the Nostr protocol for a decentralised P2P order book and the Bitcoin for our Web-of-Stakes market ranking paradigm #Nostr
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@gregory_nico
Nicholas Gregory
7 months
Most bitcoiners have failed, @raycivkit
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@gregory_nico
Nicholas Gregory
1 year
🌍 This system has the potential to enable global trade of any kind of item, including fiat currencies, goods, and services, all over the world. 🚀
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@gregory_nico
Nicholas Gregory
9 months
@culturaltutor San Sebastián
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@gregory_nico
Nicholas Gregory
3 months
Sample UI for @mercurylayer almost complete.... #bitcoin #layer2
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@gregory_nico
Nicholas Gregory
7 years
Decentralised exchanges are going to become a lot more popular.
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@gregory_nico
Nicholas Gregory
3 months
Mmm, sorry @mercurylayer was not invented by @Blockstream
@basedlayer
Fernando Nikolić 🇦🇷 🟠
3 months
There's a tsunami coming
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@gregory_nico
Nicholas Gregory
28 days
Encrypted PGP chat for dispute resolution coming to #Civkit
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@gregory_nico
Nicholas Gregory
3 months
Overwhelmed by inquiries about creating a token for @mercurylayer . Surprisingly, those asking haven't grasped from our docs that it's not feasible. A 30-second read would clarify! #Bitcoin #ReadTheDocs
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@gregory_nico
Nicholas Gregory
8 days
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@gregory_nico
Nicholas Gregory
5 months
So called bit-coiners kissing the arse of blackrock...
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@gregory_nico
Nicholas Gregory
4 months
Layer 2 @mercurylayer employs a decrementing locktime contract, where the lifespan of a state coin diminishes by 8 hours with each statecoin transition. This process hinges on the nLockTime parameter in transactions, a feature designed to enhance security. The rationale behind
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@gregory_nico
Nicholas Gregory
5 months
Nice to see people playing / experimenting with the @mercurylayer test network! #Bitcoin #Layer2
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@gregory_nico
Nicholas Gregory
6 years
@ToneVays @binance The biggest scammers always tend to be the ones calling out others as scammers
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@gregory_nico
Nicholas Gregory
8 months
Institutions are coming. Me and @TTrevethan at a big bank to discuss lightning, CivKit and MercuryLayer. #Statechains , #Civkit , #Bitcoin
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@gregory_nico
Nicholas Gregory
9 days
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@gregory_nico
Nicholas Gregory
22 days
There are no UTXOs stored in @mercurylayer ; it does not exert control over transactions. The service functions purely as a blind signing service. As long as the service can confirm that a session owner can cryptographically prove ownership, it will sign. It does not verify the
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@gregory_nico
Nicholas Gregory
13 days
@BitcoinHalving Yes and this
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@gregory_nico
Nicholas Gregory
8 months
@mercurylayer is evolving. CoinSwap will be a Nostr service. More services to come! #bitcoin #Statechain #privacy #coinswap
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@gregory_nico
Nicholas Gregory
1 month
@TheVladCostea i run a monero node and always will...
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@gregory_nico
Nicholas Gregory
1 year
BJJ in your 40s is a different type of Proof of Work. Great honor to get a belt promotion from arguably the greatest ever, Roger Gracie!
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@gregory_nico
Nicholas Gregory
13 days
@Musqet_David Pet rocks...
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@gregory_nico
Nicholas Gregory
5 years
@Ragnarly 1BTC = 1BTC, end of 2019
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@gregory_nico
Nicholas Gregory
3 months
I am starting to get very sceptical now of any white papers or blogs I see claiming something without working code. Idea/vision = 3%, Execution 97%...
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@gregory_nico
Nicholas Gregory
7 months
Hash rate about to increase…
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@gregory_nico
Nicholas Gregory
1 year
We've started implementing the ideas from the paper, and it's an open-source project. We invite you to join us and contribute to the codebase. We're open to pull requests and believe that collaboration will make this project even more successful. 🤝 #collaboration
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@gregory_nico
Nicholas Gregory
1 year
🚀 Exciting news! The Staking Credentials spec, part of the upcoming #CivKit project, has been released! Initial code drop is less than a month away. Get a sneak peek here:
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@gregory_nico
Nicholas Gregory
30 days
The UK government claims we're the crypto capital, but that's BS. Need to set aside distractions like digital assets, stablecoins, CBDCs, mining and ideas like bangers & mash on the blockchain. Focusing on Bitcoin being used as payment is a quick win for gov and BTC users alike.
@SimonDixonTwitt
Simon Dixon
1 month
This is 100% true. Tax it as a currency & people will use it as a currency. Tax it as an asset & people will use it as an asset. El Salvador 🇸🇻, Portugal 🇵🇹, Germany 🇩🇪 etc. made it possible to be used as a currency for tax treatment.
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@gregory_nico
Nicholas Gregory
2 months
The "bitcoin needs bigger blocks" argument reminds me of my banking days. A trader said "Make the app faster, just use multiple threads." I was dumbfounded by the naive belief that tweaking one parameter could magically solve performance issues. It severely underestimated the
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@gregory_nico
Nicholas Gregory
8 months
In just 2 weeks, Civkit Node (Nostr implementation) will support on-chain payments, DDOS protection, and pay-to-publish! Dive in: #CivkitUpdate Not many may know, but you can already run a Civkit node. Give it a try. Currently you can publish offers,
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@gregory_nico
Nicholas Gregory
2 months
Fun night, they took my comment about “blockchain and digital assets, being a load of nonsense”, fairly well…
@0xkatienarain
katienarain - ldn
2 months
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@gregory_nico
Nicholas Gregory
11 months
Can’t stop, won’t stop. #Civkit
@timmyisagod
Cryptonian
11 months
Running CIVKIT, CIVKIT is advancing Satoshi Nakamoto's Bitcoin vision, striving to achieve the full potential of the BITCOIN .it’s creating an unstoppable global electronic marketplace, empowering individuals worldwide to construct their own peer-to-peer trading platforms
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@gregory_nico
Nicholas Gregory
3 months
Chatting with @raycivkit about what is really happening in Nigeria #bitcoin #civkit
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@gregory_nico
Nicholas Gregory
25 days
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@gregory_nico
Nicholas Gregory
2 months
After getting rid of Ubuntu and installing pops os. I am loving Linux again! #linux
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@gregory_nico
Nicholas Gregory
6 months
@robin_linus @renepickhardt @brqgoo @mercurylayer will be live in weeks and does not need an upgrade to layer 1.
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@gregory_nico
Nicholas Gregory
1 month
Proud daddy, my little girl was not scared to ski a glacier by the Matterhorn…. She is based!
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@gregory_nico
Nicholas Gregory
10 months
Got to love the #Civkit community. I wake up in the morning and someone put this in our discord channel. Civkit, the achilles heel of CBDCs!
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@gregory_nico
Nicholas Gregory
19 days
A question we frequently get asked is why not use a federation of signers for @mercurylayer . I've answered this many times. It's not until you spend time designing and thinking about execution that you encounter challenges. The current protocol is totally blind, and the benefits
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@gregory_nico
Nicholas Gregory
1 year
We plan to provide these tools alongside the release of full cryptographic blinding for Mercury. This ensures that Mercury will no longer see any Bitcoin addresses or possesses any information about deposited coins or swaps.
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@gregory_nico
Nicholas Gregory
6 months
@raycivkit on how bitcoin maxis are pathetic and @thecivkit can save bitcoin
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@gregory_nico
Nicholas Gregory
1 month
Bitcoin's journey to becoming money hinges on our ability to build practical use cases that leverage it as money. While milestones like ETFs, new exchanges, and public companies adopting Bitcoin bolster its status as digital property, they alone do not fulfill the vision
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@gregory_nico
Nicholas Gregory
9 months
MercuryLayer will be live by Q4. We still provide a default wallet on Stayed tuned. Working on mobile / desktop support with lightning network integration.
@mercurylayer
Mercury Layer
9 months
As we move forward with our new Blinded MPC off chain layer. We will discontinuing support for Mercury Wallet. Services will remain available for a 3 month period which is the duration of a statecoin. Look out for production release of Mercury Layer.
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@gregory_nico
Nicholas Gregory
8 months
Mainstay is coming to Civkit! What's the impact? It ensures proof of publication for Civkit market orders and integrates seamlessly with the expansive Nostr ecosystem. Expect more use cases and experiments on the horizon... 🔗 #Civkit #Nostr #Bitcoin
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@gregory_nico
Nicholas Gregory
9 months
@NeilJacobs Retirement sucks…
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@gregory_nico
Nicholas Gregory
23 days
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@gregory_nico
Nicholas Gregory
6 days
Wrong take. It’s about scaling bitcoin to support more users..
@coryklippsten
Cory Klippsten 🦢 #Bitcoin is moral tender
6 days
If I wanted a scambrian explosion of shitcoining "on Bitcoin" I would claim that "a fork is coming" so that people would be tempted to align behind one of several script options (all of which lead to a shitcoin explosion). But what if "Fork coming!" is just marketing?
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@gregory_nico
Nicholas Gregory
5 days
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@gregory_nico
Nicholas Gregory
14 days
The @thecivkit reputation system is starting to take on shape, data stored on #nostr relays, verified against #Mainstay attestations...
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@gregory_nico
Nicholas Gregory
8 months
Mercury Updates #MercuryLayer is nearing completion, and soon you'll be able to perform fully-blinded transfers of private keys. 🛡️ 👩‍💻 Check out the dev branch to download and explore: 🤔 Questions? Join the conversation here:
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@gregory_nico
Nicholas Gregory
1 year
We're hopeful that the highly anticipated AnyPrevOut upgrade to Bitcoin will be happen within the next year. This new feature on the consensus layeer will enable many improvements to MercuryLayer, including the possibility of establishing a shared global on-chain state.
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@gregory_nico
Nicholas Gregory
1 year
Market trades are locked under Bitcoin contracts to avoid reliance on trusted third parties for dispute arbitration. Privacy-preserving service credentials backed by Bitcoin payments incentivise all market nodes. #decentralized
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@gregory_nico
Nicholas Gregory
10 months
Our ultimate goal is to stimulate the development of more 'Lightning-aware' applications. By integrating custom scripts, Discreet Log Contracts (DLCs), and #Taproot , we aim to collectively facilitate this ambition. 🚀
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@gregory_nico
Nicholas Gregory
11 months
Road map for Civkit #Civkit . Expected delivery end of Q4 2023. Please come join us. #opensource #Bitcoin #Lightningnetwork #nostr
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@gregory_nico
Nicholas Gregory
10 months
Lifting with @raycivkit is brutal !
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@gregory_nico
Nicholas Gregory
7 months
@DrBitcoinMD Yeh, came to the conclusion that our / all parents are imperfect. It helps…
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@gregory_nico
Nicholas Gregory
3 months
Over the past week, I've delved into reading Satoshi's emails, gaining fun insights. One striking realisation is that Satoshi never sought permission; he simply forged ahead with his vision. The moment you seek permission, you cede a portion of your power. No entity willingly
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@gregory_nico
Nicholas Gregory
5 days
"The Web as I envisaged it, we have not seen it yet. The future is still so much bigger than the past." - Sir Tim Berners-Lee "The Bitcoin as I envisaged it, we have not seen it yet. The future is still so much bigger than the past." - Anonymous Its not time to ossify...
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@gregory_nico
Nicholas Gregory
5 months
My thought on ordinals. Real men don't fear Jpegs...
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@gregory_nico
Nicholas Gregory
6 months
Can’t say this is not fascinating to watch…
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@gregory_nico
Nicholas Gregory
4 months
Rethinking Bitcoin adoption: It's clear that top-down approaches with politicians may not be the best path. Just like Bitcoin's origins as a grassroots movement, perhaps we should engage politicians in a similar narrative. This weekend, I discussed with Councillor @AmandaJayneB
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