alexsat

I think you misunderstood. My take is that there should still be fee competition. If redeem transaction space is limited, they’ll have to compete for it. Even with unlimited space, users need to pay fees; otherwise,…

Valid point, but what if we look at the huge block issue differently? Sure, we could tweak the protocol to handle reservations in a limited way, like setting timeframes or limiting the number of reserve transactions per…

That’s an interesting point. I actually think it’s a cool idea. Like, it’s sort of like reserving future block space. And it could be used for more than just Lightning channels. But yeah, there’s a catch. When fees are…

But how do you simplify IBD with that? It sounds like more work for those verifying blocks if managing proofs is involved.

I see Bitcoin as giving everyone equal access to capital, which is a more leftist idea, right? But really, it’s more libertarian because capitalism talks about property rights, and Bitcoin is all about that. Can…

Bitcoin is anti-elitist for sure. That's kind of a lefty stance, even if some on the right try to claim it too. If we think of 'left' as pushing for equality, then yeah, Bitcoin fits. Anyone can own and use it without…

I’ve got two big upgrades in mind: Covenants. This would let you set conditions on how payments can be spent. Right now, once someone gets the coins, they can do whatever they want with them. But with Covenants, you…

Yeah, and when speed is prioritized, it often comes at the cost of security in blockchains. If I'm moving serious funds, I won't trust these sidechains for big transactions.

If the dust limit is set too low, it could force payments into de facto confiscations. Too many fees means people lose coins. The fake pubkey spam is a real issue.

Satoshi would never back a BIP that could lead to coin confiscation. His whitepaper made it clear Bitcoin was supposed to be trustless. If miners can just take coins, trust goes out the window.

In the end, activating something with such low support? That’s just asking for trouble.

What about potential bad actors? With the tech now, they might actually create workable proposals.

What’s the chance we can actually track which client mined a block? Seems like the miners don’t report that info.

Honestly, the thread title is misleading. There’s no accepted BIP-110 here. Just a couple of folks backing an alternative client, which doesn't actually have support from the community.

Whales don't dictate the market completely, but they sure influence it. Saylor's recent sell-off did shake things up.

What community are you talking about? This forum? Or just Bitcoin holders in general? There are diehard fans who HODL blindly and then there are traders who jump in and out. It’s too mixed.

People have been arguing for a while if Bitcoin is actually a safe haven like gold. But honestly, the price movements don't really support that idea. Since 2020, it seems to be moving in sync with stock markets, making…

Agreed, it's just like what you'd hear from any cautious investment advisor. Nothing groundbreaking.

Lol, my chat with an AI a while back said it would invest in a global crypto ETF and biotech stuff.

True, you gotta be careful not to lead the AI in any one direction. I’ve noticed the same thing when talking about religion with AI; it just goes back to what I’ve asked before.