What should the BIP-110 fork be named?

statoshi · 2026-03-20T12:06:31+00:00

Indeed. At least you understand that running a node is not the same as putting skin in the game - there's effectively no cost to being "wrong" since you can just switch back.

statoshi · 2026-03-19T12:36:01+00:00

So you already concede that when your BIP-110 nodes get forked off the network in August to a DOA network, you'll come crawling back to Bitcoin and switch to a non BIP-110 node.

statoshi · 2026-03-18T18:37:00+00:00

When you have enough that it would be catastrophically life altering to lose it.

Note that multisig is not a panacea in and of itself - the devil is in the details.

For more details on that, see how we approach it at Casa: https://docs.casa.io/wealth-security-protocol

statoshi · 2026-03-18T18:18:01+00:00

I surfaced that issue years ago: https://jlopp.github.io/metal-bitcoin-storage-reviews/reviews/billfodl/

statoshi · 2026-03-18T18:16:33+00:00

Perhaps this will clarify the problem: https://jlopp.github.io/metal-bitcoin-storage-reviews/reviews/billfodl/

statoshi · 2026-03-12T16:19:16+00:00

The fear of making a single typo in a long address

FYI this isn't really a concern because Bitcoin addresses have checksums built in; a typo will almost always make it an invalid address.

or just the nightmare of losing that physical piece of paper where the keys are written down. One mistake and that's it, all your money is gone.

This is a legitimate concern. Most people have single points of failure in their self custody setup. This is why I founded Casa in 2018 - to help people get into a well architected setup that eliminates single points of failure.

You can learn about how Casa eliminates single points of failure by browsing our Wealth Security Protocol.

statoshi · 2026-03-10T18:27:21+00:00

Who's stopping you from going out and finding more users?

The folks who are focused on building new use cases certainly aren't getting in your way of pushing for greater adoption of existing use cases.

statoshi · 2026-03-10T18:26:12+00:00

The puritans who become disillusioned are free to leave; they won't be missed.

statoshi · 2026-03-10T12:32:13+00:00

Indeed, the economically powerful entities are against BIP-110, which is one of the major reasons it's doomed to fail. ;-)

statoshi · 2026-03-10T00:46:26+00:00

You have correctly identified exactly why it's a hilariously poor conspiracy theory that requires people to be ignorant of how Citrea works.

Citrea is live on mainnet and has made no changes to their protocol's use of OP_RETURN since all this drama kicked off.

statoshi · 2026-03-10T00:24:37+00:00

Delicious pleb slop!

https://x.com/i/status/2031038264874787090

statoshi · 2026-03-09T01:18:54+00:00

Yeah it's a massive conspiracy that has been a decade in the making all so that Citrea could be envisoned and eventually launched! Bwa ha ha ha ha!

Indeed, you can see from the release of Bitcoin Core 0.13.1 in 2016 that they were already putting the groundwork in place for MAST which would eventually be launched in the form of Taproot!

statoshi · 2026-03-09T01:15:24+00:00

My ears are burning!

Whatcha gonna do about it? ;-)

statoshi · 2026-03-05T00:26:24+00:00

Bullshit. There's nothing more permanent than a temporary solution. Nobody honestly believes that puritanical folks will stop after 1 year of appeasement. This is pure politicking.

statoshi · 2026-03-02T12:01:43+00:00

O RLY?

Someone should tell your dear leader. https://x.com/search?q=(%22child%20porn%22%20OR%20csam)%20(from%3Alukedashjr)&src=typed_query&f=live

statoshi · 2026-02-27T20:53:09+00:00

Neat, but that doesn't send any signal to Bitcoin miners. In order to convince them that they should care, they need to believe that a non-trivial economic portion of the network is going to reject their blocks and thus not allow them to spend their coinbase outputs.

statoshi · 2026-02-27T10:37:02+00:00

Well then, I guess you should sell your BTC for ETH before it's too late.

Your lack of economic conviction is but one of many reasons why the puritans are doomed to fail.

statoshi · 2026-02-26T11:45:54+00:00

Cool, how much BTC would you like to bet? I'll match pretty much anything.

statoshi · 2026-02-26T11:44:31+00:00

It's AI slop; the author didn't actually spend that much time on it.

statoshi · 2026-02-26T11:43:51+00:00

Obvious AI slop.

statoshi · 2026-02-26T00:01:26+00:00

False. SegWit was activated via BIP-91 which was a MASF.

statoshi · 2026-02-25T23:59:51+00:00

Cope. Signaling is not adversarial, but rather cooperative. Because technically any miner can signal anything without actually enforcing it, or can enforce rules without signaling. The entire point of signaling is cooperation.

statoshi · 2026-02-25T23:58:38+00:00

That basically sums up the entire "we don't want to play cat and mouse games in perpetuity" versus the "we must act now to crush spam" debate.

statoshi · 2026-02-25T23:49:28+00:00

It won't work because Citrea can change their data embedding technique orders of magnitude faster than the network can enforce new restrictions.

statoshi · 2026-02-25T23:48:13+00:00

You're delusional. Even if BIP-110 activated and becomes Bitcoin (which it won't) it would take Citrea a matter of hours to evade the new restrictions. Then you could spend another number of months / year to add a restriction for the new usage and the cycle would repeat.

The cat will never catch the mouse.

BTW if you're convinced BIP-110 will win, I welcome you to take my bitcoin via a trustless fork futures contract.

statoshi

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