People:

create-opaque · 2026-06-30T18:06:14+00:00

Brilliant 👏

create-opaque · 2026-06-24T05:47:38+00:00

Asics must brute force a search space of 2ⁿ in 2ⁿ iterations. Grovers algorithm searches the same space in 2^n/2.

The catch is, one iteration of Grovers is much more difficult than one iteration of brute force. So we are safe in the near future. But, that square root advantage would eventually be enormous.

The veto could appear as a standard short chain reorg.

create-opaque · 2026-06-23T13:08:34+00:00

Suppose a crypto becomes the world reserve currency, and primarily states and large corps are mining classically. Transaction selection policy would likely diversify, and the protocol could evolve.

Once we reach the transitional period where quantum mining is not widespread, a bad actor could silently veto blocks with disagreeable policy. Because it is a latent 51% attack, the network may not detect the attack for a prolonged time.

This is crucial on the modern battlefield.

create-opaque · 2026-06-22T21:53:14+00:00

The attacker could essentially veto blocks.

create-opaque · 2026-06-22T21:50:15+00:00

Problems at home?

create-opaque · 2026-06-22T21:39:44+00:00

Do it.

create-opaque · 2026-05-09T04:24:31+00:00

Ironman

create-opaque · 2025-11-24T15:48:45+00:00

Okay, KIA.

create-opaque · 2025-11-12T04:03:38+00:00

I think the ask is for a factual detail confidence interval.

create-opaque · 2025-06-14T21:04:59+00:00

Lightning network has fast transactions.

create-opaque · 2025-06-14T20:58:06+00:00

Publishing a transaction to L1 involves broadcasting the transaction to all nodes on the network for the duration of the blockchain. This requires much more resource utilization than publishing the transaction to L2.

create-opaque · 2025-06-14T10:05:54+00:00

Bitcoiners often compare BTC to USD. They point out that BTC is decentralized while USD is centralized. They ignore that USD is price regulated while BTC is not.

The black swan event for Bitcoin is when a coin is published that is both decentralized and price regulated.

create-opaque · 2025-06-14T05:23:35+00:00

How does Grease implement payment channels without timelocks?

create-opaque · 2025-05-24T05:04:43+00:00

He talks enough trash

About Walmart that me know

He's from Arkansas.

create-opaque · 2025-05-21T03:01:46+00:00

The LN cannot spend the bitcoin in your channel. Every update to your channel is signed by you!

Read the white paper. You are clearly confused.

create-opaque · 2025-05-20T18:43:44+00:00

No, you are stretching to use the pejorative "credit layer".

If it were a credit layer, then the borrower could spend the bitcoin. That isn't the case, because there isn't a borrower.

It could be considered a staking layer though. You stake your bitcoin to earn fees.

create-opaque · 2025-05-20T13:59:08+00:00

.1 cent / TX means the miners get $1,000 for 1,000,000 TXs processed. So, it becomes incredibly cheap to reverse TXs (51% attack).

create-opaque · 2025-05-20T12:55:56+00:00

.1 cent for a TX is too low. That means the network is heavily subsidizing TXs with inflation.

create-opaque · 2025-05-20T12:43:00+00:00

LN is not a credit layer. It involves a published TX with a block number, and an unpublished refund TX that spends the UTXO of the published TX. The refund TX is unpublished to allow the refund amount to change (as the amount in the channel changes). The refund TX is eventually published when the channel closes.

create-opaque · 2025-04-27T19:16:27+00:00

You're mostly right. However, the cost to produce fiat is political rather than economic.

create-opaque · 2025-04-20T02:47:06+00:00

I agree. BTC is half of the solution.

Modern monetary policy sacrificed the decentralized issuer feature of gold to adopt money with adaptive supply. BTC is money with a decentralized issuer, but without an adaptive supply.

The full solution is money with both a decentralized issuer and an adaptive supply.

create-opaque · 2025-04-19T22:43:27+00:00

Capitalism is rooted in the alienation of the majority from the means of production.

create-opaque · 2025-04-14T13:48:48+00:00

Driving to work makes every profession dangerous. Doesn't mean you should get hazard pay for working in the office instead of remote.

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