The Iris #Nostr client on #Android now has a "block and mute" function, so I've started using that against the #spambots.
Nostr has some great ideas that are way beyond what either #OStatus or #ActivityPub branches of the #Fediverse are doing, but the spam and the fact that there's a really big #Bitcoin "Maxi" faction there are chasing regular people away.
Vitalik Buterin, _Proof of Stake_, Pt 2, "On Colusion", p. 157
I've been reading this series of essays by the founder of #Ethereum (also formerly involved with #Bitcoin magazine). They're good reading, with lots of theory discussed by someone much more well-read than I. I love the way he quickly dismisses finance as the primary target of #cryptocurrencies and #blockchains, instead conceiving of a virtualized and distributed computer ... and the way he intently focuses on the costs and benefits of distributed networks and governance systems.
Note: I still own zero of any cryptocurrencies, despite my belief that minority communities in particular should transact part of their business that way.
I think #Apple's lawyers would smack him down hard. He's had years to produce proof that he's Satoshi Nakamoto, but has not done so.
CW is currently involved with the #BSV (Bitcoin Satoshi's Vision) fork of Bitcoin. I haven't looked at much else about BSV, but that's a good enough reason to prefer #BTC and forks such as #BCH & #BTG.
@geniusmusing To some degree, yes, more users would equal more power used. But that's sort of outside the extreme anti-cryptocurrency realm, where they claim #Bitcoin is #boiling_the_oceans today but have no such criticism for the traditional banking and financial system.
An interview with Isaiah Jackson, author of "Bitcoin and Black America" ... he talks about some of the impact of racism in the financial system and in the laws that underlie it. And he sees #cryptocurrencies, particularly #Bitcoin #BTC as one way to disarm that.
It sounds like BSV had some good ideas, but I think most of those were already in the pipeline before BSV split from BCH. I'm talking about things like increasing the block size, so that more transactions can be processed in each ten minute interval. BSV currently has a market-determined variable block size and BCH has a 32MB block size. The original BTC still uses 1MB ... which causes contention for fewer slots inside the block, and raises both transaction costs and the average wait time for transactions to process. AFAIK, BSV is the only member of the Bitcoin family to give major attention to smart contracts ... including creating a new scripting language ( "sCrypt":{https://scrypt.io/} ) to make them easier.
IMO, "smart contracts" make it easier to create non-financial applications for #blockchains and other ledgers.
While we cannot yet know whether a CBDC will happen or what form it will take, what is certain is that the growth of #cryptocurrencies is inspiring this global trend of investigation the creation of national CBDCs.
My answer (not available in the chat, because I'm not a member):
I don't specifically care about the method (cryptographically signed blocks of transactions, chained together via a consensus algorithm), but I care about breaking people free from the control of banksters and believe that should be a priority for all of us.
That is why I care about #Bitcoin, #Ethereum and similar currencies.
> According to Newegg’s senior brand manager Andrew Choi, the integration of Litecoin is about making the customer experience more flexible and convenient.
> "Delivering a better online shopping experience isn’t only about price and selection – it’s also important to let people shop however they want, and that extends to offering flexible payment options."
> Newegg has been using BitPay to accept Bitcoin (BTC) since 2014 and Dogecoin (DOGE) since early this year.