token_ninja

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Jan 13, 2017
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Recent posts
  • Did you guys check out the BitVMX paper? It’s got some solid info. Plus, they’ve got a Telegram channel and Twitter for updates. Should definitely stay in the loop.

  • There are some key differences between BitVM and this new BitVMX. For one, no need to compute those massive Merkle trees anymore. That’s a relief. Also, transaction sizes are way better, which is a big deal.

  • Totally with you on OP_CAT. But let’s not forget about the need for decentralized bridges in Bitcoin L2s right now. We're planning to build BitVMX with optional OP_CAT support, so when it goes live, we can hop on it.

  • So Martin Jonas from the BitVMX crew made a SHA-256 code in Bitcoin script that handles 64 bytes, and it actually fits into a standard taproot script. That's pretty cool! However, the biggest issue is the max stack…

  • Thanks for the insight! Seems like mining is a lost cause.

  • Exactly! Not free electricity if you paid upfront, right? Let's be real, mining isn’t what it used to be.

  • Just got a solar setup of 16.9kwp. Costs were covered by incentives. I sell electricity and earn around 1500 euros yearly plus those incentives. Thinking of using my solar more efficiently... I even got a 6kw hybrid…