mononaut (tx/acc) @mononautical Twitter profile

Pinned Tweet

mononaut (tx/acc)

@mononautical

2 years

tick tock next block #Bitcoin

173

683

3K

Last Seen Profiles

@realFullMOnTe

@BoomADPog

@hilkrest

@DeafToneSays

@ps_argentina

@AliBrah64005494

@shourtneey

@qurobert_lee

@quiellore

@rapportsdeforce

@rainbowhill2012

@Pat_Atkin

@puyomilkpudding

@ranger_finance

@punnyago

@ErazerFrance

@qrtwoni

@TheEmmapreneur

@proales

@rio_raj

@hcpesey

@ThatJadeykinns

@ramapublishing

@vovacodes

@AirDistrict

@HawaiiAction

@pulzo

@PeteSouza

@Promithean11

@SaintlyWarfare

@ssstrawonuouo

@TylerCesarski90

@realitysdeb

@MovistarTenis

@rachyrachmc

@scituatehoops

mononaut (tx/acc)

@mononautical

7 months

How does a lightning replacement cycling attack work? There's a lot of discussion about this newly discovered vulnerability on the mailing lists, but the actual mechanism is a bit hard to follow. So here's an illustrated primer... 🧵 1/n

84

533

1K

mononaut (tx/acc)

@mononautical

6 months

If you work on software that handles Bitcoin, these 5 lines of code could save your whole career

53

127

1K

mononaut (tx/acc)

@mononautical

4 months

someone just tipped Satoshi 26.9 BTC 😳 the destination of this transaction, 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa, is the P2PKH address corresponding to the public key which received the genesis block reward. h/t @__B__T__C__

159

186

1K

mononaut (tx/acc)

@mononautical

8 months

🚨🚨🚨 BREAKING 🚨🚨🚨 The fat fingers belong to PayPal

mononaut (tx/acc)

@mononautical

8 months

🪦

7

9

110

86

185

1K

mononaut (tx/acc)

@mononautical

1 month

A single custodian now controls the coinbase addresses of at least 9 pools, representing 47% of total hashrate. As demonstrated by this consolidation of mining reward outputs from AntPool, F2Pool, Binance Pool, Braiins, btccom, SECPOOL and Poolin:

mononaut (tx/acc)

@mononautical

5 months

TIL that over 40% of hashrate send their mining rewards directly to the same custodian.

58

102

523

112

322

923

mononaut (tx/acc)

@mononautical

2 months

NOBODY TOUCH ANYTHING

34

87

730

mononaut (tx/acc)

@mononautical

2 years

"Proof of Work is based on the laws of physics, so you have to work with the world as it is ... whereas because Proof of Stake is virtualized in this way it's basically letting us create a simulated universe that has it's own laws of physics..." -- Vitalik

100

108

736

mononaut (tx/acc)

@mononautical

6 months

83.7 BTC transaction fee 😳

Bitcoin Transaction: b5a2af5845a8d3796308ff9840e567b14cf6bb158ff26c999e6f9a1f5448f9aa

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

151

123

705

mononaut (tx/acc)

@mononautical

17 days

we're back to pre-halving fee rates

52

72

700

mononaut (tx/acc)

@mononautical

2 months

Since publishing their address 90 minutes ago, El Salvador have already received an additional 673,418 sats in random donations across 25 transactions.

Nayib Bukele

@nayibbukele

2 months

We've decided to transfer a big chunk of our #Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory. You can call it our first #Bitcoin piggy bank 🇸🇻 It's not much, but it's honest work 😂

3K

7K

51K

22

124

676

mononaut (tx/acc)

@mononautical

2 years

FTX's main known cold storage balance dropped from 20136 BTC down to zero today, in the first activity on that address since early 2021.

Bitcoin Address: bc1qtw30nantkrh7y5ue73gm4mmy0zezfqxug3psr94sd967qwg7f76scfmr9p

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

mempool.space

57

107

621

mononaut (tx/acc)

@mononautical

2 years

@steve_hanke @nayibbukele how Steve thinks geothermal energy works:

12

23

630

mononaut (tx/acc)

@mononautical

1 year

I asked ChatGPT to take a 62-part political compass test. here's the result.

48

74

586

mononaut (tx/acc)

@mononautical

6 months

someone is inscribing a 1.5mb video in ~400kb chunks, presumably intending to stitch it together inside a recursive inscription

76

67

552

mononaut (tx/acc)

@mononautical

5 months

I can confirm that Ocean is no longer including inscriptions in their block templates

OCEAN

@ocean_mining

5 months

We are happy to announce testing of Bitcoin Knots v25.1 has completed successfully, and is now deployed to production. Among other improvements, this upgrade fixes this long-standing vulnerability exploited by modern spammers. As a result, our blocks will now include many more…

237

113

756

39

79

536

mononaut (tx/acc)

@mononautical

5 months

TIL that over 40% of hashrate send their mining rewards directly to the same custodian.

58

102

523

mononaut (tx/acc)

@mononautical

2 months

Somebody just consolidated 2000 BTC from a bunch of coinbase rewards dating back to 2010. Imagine hodling for 14 years as the value rockets from a few hundred dollars to $140 million 😳

Bitcoin Transaction: b6539dbafcc644a37d320ba572a593dbce7184d8d50ac03b67b9ab96802c5ed0

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

61

65

529

mononaut (tx/acc)

@mononautical

1 month

If your Bitcoin L2 doesn't support unilateral exit, that's not your L2 that's a multisig.

58

128

491

mononaut (tx/acc)

@mononautical

6 months

16

69

472

mononaut (tx/acc)

@mononautical

5 months

I think @ocean_mining just found their first block! 🎉

25

40

468

mononaut (tx/acc)

@mononautical

8 months

Miners continue to eat away at the backlog of unconfirmed transactions. According to my advanced technical analysis of the charts, the mempool should fully clear just before September 34th. 📉🤓

58

44

451

mononaut (tx/acc)

@mononautical

5 months

It looks like @AntPoolofficial finally noticed that 83.7 BTC fee sitting in their wallet.

mononaut (tx/acc)

@mononautical

6 months

83.7 BTC transaction fee 😳

151

123

705

47

61

454

mononaut (tx/acc)

@mononautical

2 months

Have you audited your country's national currency reserves today, anon? 🇸🇻

Bitcoin Address: 32ixEdVJWo3kmvJGMTZq5jAQVZZeuwnqzo

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

7

86

460

mononaut (tx/acc)

@mononautical

3 months

uh guys?

77

39

432

mononaut (tx/acc)

@mononautical

3 months

a parable about UTXO consolidation

17

54

426

mononaut (tx/acc)

@mononautical

5 months

Ocean found their third block! 🥳

Bitcoin Block: 00000000000000000001550cb69bf1eee328ff577661a69b8ba4bdeee7e11749

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

8

25

414

mononaut (tx/acc)

@mononautical

5 months

Congratulations @BraiinsMining on finding the 3rd highest fee block this year - 13.405 BTC in total reward!

26

42

409

mononaut (tx/acc)

@mononautical

1 year

While everyone's distracted by jpegs, something else is burning blockspace and bloating the UTXO set. Over the past month, it may have used up to 2% of block capacity, created 0.4% of the current UTXO set, and fueled the recent spike in P2TR outputs.

Bitcoin Block: 000000000000000000037c8a7de1424deb85999b31928b8cea66f6f10374e600

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

22

89

395

mononaut (tx/acc)

@mononautical

5 months

14

35

392

mononaut (tx/acc)

@mononautical

22 days

Rune #1 goes to "Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z", who paid 6.732 BTC for the privilege

63

57

390

mononaut (tx/acc)

@mononautical

5 months

Congrats @ocean_mining on the launch! I'm very excited to see more decentralized mining with transparent pool data 📈🤓

5

34

373

mononaut (tx/acc)

@mononautical

10 days

27

57

386

mononaut (tx/acc)

@mononautical

17 days

what the fuck

35

56

366

mononaut (tx/acc)

@mononautical

3 months

10,000 BLOCKS TO GO

2

52

356

mononaut (tx/acc)

@mononautical

5 months

inscriptions are dead. long live OP_RETURN.

42

48

354

mononaut (tx/acc)

@mononautical

2 months

The address is also now the proud (or not so proud) owner of 67 inscriptions, including an airdropped "Runestone" and a copy of Eric Hughes' Cypherpunk Manifesto.

9

73

360

mononaut (tx/acc)

@mononautical

22 days

now the real degeneracy begins

23

43

349

mononaut (tx/acc)

@mononautical

1 year

Mystery solved! These are submarine swaps made by Muun Wallet

mononaut (tx/acc)

@mononautical

1 year

While everyone's distracted by jpegs, something else is burning blockspace and bloating the UTXO set. Over the past month, it may have used up to 2% of block capacity, created 0.4% of the current UTXO set, and fueled the recent spike in P2TR outputs.

22

89

395

31

48

343

mononaut (tx/acc)

@mononautical

4 months

four blocks in 67 seconds

44

25

338

mononaut (tx/acc)

@mononautical

3 months

@udiWertheimer @ercwl @brian_armstrong @TaprootWizards Udi, your inability to stand up a BTCPay Server to process fewer than 3000 invoices from a whitelisted set of customers is a skill issue, not a failure of Bitcoin. Stop fudding.

19

30

334

mononaut (tx/acc)

@mononautical

5 months

Hyperbitcoinization approaches, and a trickle of users soon becomes a flood. As the mempool fills, a Bitcoin influencer sits on the floor (having sold his chairs) and meditates on the evils of central banking. A fellow Bitcoiner passes by, and calls out "fee rates are rising…

36

63

327

mononaut (tx/acc)

@mononautical

3 months

single digit fee rates have been achieved

21

24

318

mononaut (tx/acc)

@mononautical

4 months

I don't always consolidate 330+ BTC, but when I do I make a note in the op_return

21

13

323

mononaut (tx/acc)

@mononautical

2 months

Would the miscreant responsible for this like to come forward?!?

63

46

314

mononaut (tx/acc)

@mononautical

17 days

how do you delete an xpub from someone else's server? asking for a friend

22

24

314

mononaut (tx/acc)

@mononautical

5 months

AntPool, what are you doing?

35

25

311

mononaut (tx/acc)

@mononautical

11 days

OP_CAT just went live on signet

29

64

320

mononaut (tx/acc)

@mononautical

6 months

The Sophon He destroyed his cage Yes YES The Sophon is out

30

71

245

mononaut (tx/acc)

@mononautical

2 months

7,000 BLOCKS TO GO

8

48

301

mononaut (tx/acc)

@mononautical

6 months

The signature checks out, @83_5BTC apparently controls the key that paid that 83.7 BTC fee. 1/🧵

Hackers_paid_83.5BTC_fee_with_my_money

@83_5BTC

6 months

This signed message is proof that they were my funds bc1qn3d7vyks0k3fx38xkxazpep8830ttmydwekrnl " @83_5BTC is the owner of the funds that paid the high fee" H2eqkv/w1BmTXxeVhnFNcjoR3di9Kfzp9eh8Q5mEzwjQelQPtfXgtpKCwlocQcqBmRkzJ6ZBHWtsIO5OtqSmAXo=

142

21

114

28

63

289

mononaut (tx/acc)

@mononautical

4 months

C O N S O L I D A T E

23

29

278

mononaut (tx/acc)

@mononautical

1 month

▼ 0.98% to 83.13T miners are carefully regulating their hashrate to ensure a 4/20 halving date

29

21

278

mononaut (tx/acc)

@mononautical

4 months

@Leishman someone also just sent an inscription of what I can only assume to be Elizabeth Warren

23

20

280

mononaut (tx/acc)

@mononautical

3 months

Sending $1.5 billion for a $3.21 fee. Who said Bitcoin was too expensive?

26

32

270

mononaut (tx/acc)

@mononautical

1 month

transactions are confirming below 6.00 sats/vb for the first time in months.

21

25

267

mononaut (tx/acc)

@mononautical

2 months

👀 someone just spent an 11 year old P2PK coinbase output. It was worth just $537 at the time of mining, but over $3.3 million today.

13

20

272

mononaut (tx/acc)

@mononautical

6 months

This is the largest Bitcoin transaction fee ever paid in dollar terms, at a cost of $3.14m. The previous record holder was the PayPal/Paxos incident a few months ago, clocking in at only $510k:

Bitcoin Transaction: d5392d474b4c436e1c9d1f4ff4be5f5f9bb0eb2e26b61d2781751474b7e870fd

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

mononaut (tx/acc)

@mononautical

6 months

83.7 BTC transaction fee 😳

151

123

705

23

40

272

mononaut (tx/acc)

@mononautical

4 months

Bitcoin just saw a ~76 minute block interval. statistically this is expected to occur every 2000 blocks or so, on average.

20

23

271

mononaut (tx/acc)

@mononautical

3 months

Fees are now down to 13-14 sats/vb, with only a few blocks pending above 11 s/vb.

24

18

269

mononaut (tx/acc)

@mononautical

18 days

ViaBTC just mined some blocks with abnormally many "prioritized" transactions. Unlike Mempool Accelerator's radical transparency, ViaBTC's program is opaque, so we can only speculate why. But there's reason to believe ViaBTC is actually losing a ton of money here 🧵

26

35

270

mononaut (tx/acc)

@mononautical

5 months

privacy, but at what cost? put 210k sats into a coinjoin, get 100k back out 😬

53

26

259

mononaut (tx/acc)

@mononautical

2 months

Marathon's new Slipstream service just broke the record for the largest ever Bitcoin block, measured in raw bytes, clocking in at 3,990.36 kB. It contains the largest ever single transaction, at 3988.96 kB, a large image inscription related to the Runestone airdrop.

35

53

252

mononaut (tx/acc)

@mononautical

2 months

someone is spending a lot of money and effort splitting out ordinal sats right now. the majority of this block is occupied by a giant web of transactions, grinding a single 10,000 sat utxo down into individual satoshis and then weaving them into 10k separate dust-sized outputs.…

63

37

257

mononaut (tx/acc)

@mononautical

5 months

Block Reward Era Progress: 🟩🟩🟩🟩🟩🟩🟩🟩🟩⬜️ 90% 21,000 blocks until the 4th Halving.

5

46

259

mononaut (tx/acc)

@mononautical

3 months

Marathon's first commercial use of their new private mempool API infrastructure was to sell an entire block to OrdinalsBot to launch a new token.

mononaut (tx/acc)

@mononautical

3 months

mystery solved! 🕵️ Marathon was just testing/demonstrating their new private mempool service for non-standard transactions.

10

24

152

35

49

238

mononaut (tx/acc)

@mononautical

2 years

lmao, Luna Foundation's final 28,205 BTC just moved to Binance 🙈

22

26

238

mononaut (tx/acc)

@mononautical

5 months

To date, Bitcoin transactions have paid ~$3.2 billion in fees (at contemporary exchange rates). The UTXO set sits at 148m outputs. A 3-pack of @OPENDIME 's costs $69 (-5% if you pay in Bitcoin). Physical bearer instruments carry no fees. Are you thinking what I'm thinking?

52

34

240

mononaut (tx/acc)

@mononautical

6 months

I just noticed that the ~83.7 BTC fee was exactly 60% of the stolen UTXO value. (60% × 139.42495946 = 83.65497568) And the attacker *also* swept a 100k sat UTXO from the same address, paying exactly 60k sats in fees 🧐

Bitcoin Transaction: 926a1730176baeeaf3fe80bfdd2abb2c756248a663a0206ce9645beb9ae03c1b

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

9

26

255

mononaut (tx/acc)

@mononautical

5 months

18,000 BLOCKS TO GO

13

22

255

mononaut (tx/acc)

@mononautical

4 months

~9250 BTC on the move from Grayscale to Coinbase 👀

Bitcoin Transaction: 99a973999d7d7c0e56d9d203e703febe5b147c52487addbb5cce3a2012b63b2c

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

22

34

247

mononaut (tx/acc)

@mononautical

7 months

🚨 BREAKING: THE MEMPOOL HAS CLEARED, REPORTEDLY.

12

24

246

mononaut (tx/acc)

@mononautical

3 months

Since Magic Eden started using this address in early December '23, Coinbase has paid 65.16 BTC* to consolidate 183,743 inputs worth 140.30 BTC. For 110,444 of those (worth 12.30 BTC), the fees paid actually exceeded the value of the inputs, leading to a dead loss of 34 BTC.

danny ⚡️ deezy

@dannydiekroeger

3 months

I'm pretty sure Magic Eden has pulled one of the most hilarious finesse moves on Coinbase I've ever seen Basically for every marketplace purchase on Magic Eden, they include a tiny output for the marketplace fee. These are typically tiny outputs, 1000 sats, 2000 sats, etc. A…

59

117

756

15

37

254

mononaut (tx/acc)

@mononautical

4 months

The first ever bitcoin transaction, 15 years ago today 🥳

I)ruid

@druidian

4 months

Happy First Transaction Day (: #Bitcoin

12

50

282

7

43

250

mononaut (tx/acc)

@mononautical

10 days

why is MicroStrategy attacking Bitcoin?

Dylan LeClair 🟠

@DylanLeClair_

10 days

Unofficial draft spec on MicroStrategy GitHub: "The Bitcoin Inscription DID method (did:btc) uses the bitcoin blockchain exclusively to store and retrieve DID information. UTXOs on chain are used to control DIDs. Inscribing data in the witness of transactions allows for greater…

38

21

244

35

38

253

mononaut (tx/acc)

@mononautical

3 months

the mempool is currently clearing twice as fast as it did after the last big peak at the end of September last year

21

24

241

mononaut (tx/acc)

@mononautical

22 days

37.626 BTC in fees 🤯

mononaut (tx/acc)

@mononautical

22 days

HAPPY HALVING!!! 🥳🎉

8

31

196

11

29

245

mononaut (tx/acc)

@mononautical

8 months

oof

Bitcoin Transaction: d5392d474b4c436e1c9d1f4ff4be5f5f9bb0eb2e26b61d2781751474b7e870fd

Explore the full Bitcoin ecosystem with mempool.space

mempool.space

24

37

236

mononaut (tx/acc)

@mononautical

3 months

@zackvoell oh shit, are they gonna doxx the owner of Martti Malmi's bank account? 😱

5

0

232

mononaut (tx/acc)

@mononautical

1 month

F2Pool just mined a 3.97 MB video inscription, taking up almost an entire block.

Bitcoin Block: 0000000000000000000286b0477513e04da8e4130b1b6e950e2e97878f799de5

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

mempool.space

35

30

230

mononaut (tx/acc)

@mononautical

11 months

Block 792991 alone confirmed over 2217 BTC of Binance withdrawals

mononaut (tx/acc)

@mononautical

11 months

Binance's hot wallet has processed ~15.5k BTC in withdrawals since the SEC announcement today. Current settled balance is ~47,230 BTC.

7

16

205

9

31

223

mononaut (tx/acc)

@mononautical

2 months

Bitfinex is the latest victim of this free deposit exploit, incurring a loss of ~8.5 BTC (so far). Read on for a tale of intrigue involving shitcoin mining, bad fee estimation, and El Salvador's national bitcoin reserves. 👇🧵

danny ⚡️ deezy

@dannydiekroeger

3 months

I'm pretty sure Magic Eden has pulled one of the most hilarious finesse moves on Coinbase I've ever seen Basically for every marketplace purchase on Magic Eden, they include a tiny output for the marketplace fee. These are typically tiny outputs, 1000 sats, 2000 sats, etc. A…

59

117

756

17

41

222

mononaut (tx/acc)

@mononautical

3 months

This block is full of large consolidations paying 10.0 s/vb. At the time of mining, there were dozens of blocks worth of near-identical transactions all paying that same fee rate. So how did @mempool know that these exact transactions would be mined next, and in this order? 🧵

16

44

225

mononaut (tx/acc)

@mononautical

3 months

of course.

32

20

224

mononaut (tx/acc)

@mononautical

6 months

amusing drama happening in atomicals right now. tl;dr, the atomicals protocol invented their own transfer rules which aren't compatible with the PSBT schemes everyone has been using for trustless ordinals trading. so they just yolo'd a marketplace using SIGHASH_NONE and now…

Atomicals Market ⚛️

@atomicalsmarket

6 months

Let us explain what happen actually, This address Seller:- bc1pyfzaks0fh3lh54jd3rp8vul303uans4msqhea9t98ftffn70a59qtdksp5 This address Buyer:- bc1p0fka9k6xxw9xx088lhxqg88hs07amt047gkdsq0479m65krzq6lsgjhe62 The actual buy tx from market:-

24

5

20

29

47

221

mononaut (tx/acc)

@mononautical

22 days

miners are really pulling out all the stops to rescue the 4:20 halving date

22

16

222

mononaut (tx/acc)

@mononautical

5 months

This surge in fees was mostly driven by inscriptions for another BRC-20 mint. Once that finishes, rates will probably cool off a little (but maybe not for long).

mononaut (tx/acc)

@mononautical

5 months

ok, if I keep tweeting these records in real time I'll be here all night. check back tomorrow to see if anyone manages to beat Foundry's 8.05 BTC in fees.

7

8

140

27

25

218

mononaut (tx/acc)

@mononautical

2 months

stay humble

25

20

218

mononaut (tx/acc)

@mononautical

3 months

ok I'm stumped. over the last few days, Marathon keeps mining bizarre non-standard transactions with single-sat outputs.

instagibbs

@theinstagibbs

3 months

So anyone know why @MarathonDH including txs like this:

7

8

37

31

29

218

mononaut (tx/acc)

@mononautical

3 months

seriously, why does NFT artwork always have to be so offensively bad?

48

4

207

mononaut (tx/acc)

@mononautical

11 months

Binance's hot wallet has processed ~15.5k BTC in withdrawals since the SEC announcement today. Current settled balance is ~47,230 BTC.

7

16

205

mononaut (tx/acc)

@mononautical

3 months

On the principle of "the most entertaining outcome is the most likely", the halving block is almost guaranteed to be mined by OCEAN.

19

29

210

mononaut (tx/acc)

@mononautical

1 month

If your Bitcoin L2 has VC investors and its own token, that's not your L2 that's a pump and dump shitcoin.

10

35

212

mononaut (tx/acc)

@mononautical

28 days

fees are higher on testnet than on mainnet right now 😑

32

24

208

mononaut (tx/acc)

@mononautical

2 years

the Ethereum Foundation's treasury is now frozen by OFAC sanctions 🤔

19

22

201

mononaut (tx/acc)

@mononautical

24 days

Once upon a time there lived on a certain blockchain a little mining rig. The rig wore a bright red 3D printed exhaust fan shroud which suited her so well that everyone took to calling her Little Red Mining Hood. One day, frustrated at never mining any blocks herself, Little…