The below is an off-site archive of all tweets posted by @lopp ever

August 2017

@ChristopherA I’ll have to add that tutorial to my list of educational resources! lopp.net/bitcoin.html

via Twitter Web Client in reply to ChristopherA

7 new config params in Bitcoin Core 0.15 brings the total number of options to 139. Updated config generator coming tomorrow!

via Twitter Web Client

@f2pool_wangchun @JihadWu I pegged you for more of a “LOL” guy myself.

via Twitter Web Client in reply to f2pool_wangchun

Hoping for another bcash pump soon; requisition order just came down from Blockstream Core’s satellite HQ for another Troll Tank Platoon.

via Twitter Web Client

@outragedhuman @CryptoEthan @f2pool_wangchun The NYA folks have been claiming ~90% but IDK. I guess it’s 80% now?

via Twitter Web Client in reply to outragedhuman

@dhh You jest, but I did this in 2014.

via Twitter Web Client in reply to dhh

“I’ll buy BTC after the next crash.”
No you won’t; few have the intestinal fortitude to catch knives. But by all means, prove me wrong… 😉

via Twitter Web Client

@brucefenton @twobitidiot Even voice is too slow IMO. I want direct neural interfaces. Though the nightmare then be..twitter.com/i/web/status/9…xC

via Twitter Web Client in reply to brucefenton

@AlpacaSW @dgenr818 @TuurDemeester Exile probably isn’t the best word because it was completely voluntary.

via Twitter Web Client in reply to AlpacaSW

Can the ICO craze become even more ridiculous? Yes, yes it can. pic.twitter.com/j2eqCCAg7T

via Twitter for Android

@thee_wolf Looking forward to seeing you add Lightning network support to @openbazaar to bring it to the masses!

via Twitter Web Client in reply to thee_wolf

Some Bitcoiners come to believe they understand it well enough to take the lead, thus accidentally leaving consensus twitter.com/ziggamon/statu…

via Twitter Web Client

@EdwardKerstein @coinstead21 It’s still a Release Candidate; best to wait for the final release.

via Twitter Web Client in reply to EdwardKerstein

@el33th4xor Were initially going to provide a splitter tool but realized we could provide a full wallet for slightl..twitter.com/i/web/status/9…Xi

via Twitter Web Client in reply to el33th4xor

@_drgo It was faster but now native sync is even faster than torrents due to improved parallelization. Thank..twitter.com/i/web/status/9…Hg

via Twitter Web Client in reply to _drgo

@Ragnarly A couple days on a fast machine with an SDD; a couple weeks on a slower machine with a spinning disk.

via Twitter Web Client in reply to Ragnarly

@el33th4xor Yes; customers wanted their asset airdrop.

via Twitter Web Client in reply to el33th4xor

@CyrptoNut I’d tell it to write all the code that takes me far too long to type out.

via Twitter Web Client in reply to CyrptoNut

I’d be willing to pay a year’s salary for a computer if it was capable of responding to my commands at the speed of thought.

via Twitter Web Client

@brianchoffman Surely it’s not in Cancun; it has to be an ultra top secret unguessable location.

via Twitter Web Client in reply to brianchoffman

Bitcoin Core 0.15 cuts initial sync time in half compared to Bitcoin Core 0.14.

via Twitter Web Client

@DrRoyMurphy I’m really not familiar with it other than the fact that Bcash folks chose BCC as their initial ticker..twitter.com/i/web/status/9…Cw

via Twitter Web Client in reply to DrRoyMurphy

@breenemachine IIRC arbitrage is incredibly slow and painful; people who own shares in the underlying BIT can sell..twitter.com/i/web/status/9…aa

via Twitter Web Client in reply to breenemachine

@breenemachine Some investors want exposure to BTC without A) actually learning how to buy and secure it and/or B)..twitter.com/i/web/status/9…Lj

via Twitter Web Client in reply to breenemachine

@brianchoffman I’d hope it would make them more careful when making changes.

via Twitter Web Client in reply to brianchoffman

$GBTC closed today at $927 which is an effective BTC price of $10,000 - a 119% premium over BTC. pic.twitter.com/1ktKmGPNyF

via Twitter Web Client

@ajnelsn @taylanbil No one is arguing against that - the entire point is that no one should put their money into so..twitter.com/i/web/status/9…4W

via Twitter Web Client in reply to ajnelsn

@taylanbil As a security-focused engineer, it’s certainly a goal to provide security + usability. But the price of..twitter.com/i/web/status/9…jI

via Twitter Web Client in reply to taylanbil

@taylanbil It’s a sign that they aren’t anywhere near able to securely handle crypto assets yet and have lots of learning to do first.

via Twitter Web Client in reply to taylanbil

@da_winter On Lightning Network, sure. I believe it operates with millisatoshis. Of course, channel closing will be..twitter.com/i/web/status/9…xF

via Twitter Web Client in reply to da_winter

@brianchoffman A great deal of work has gone into just that for past several years, though at this point unlikely t..twitter.com/i/web/status/9…R9

via Twitter Web Client in reply to brianchoffman

Folks who don’t understand that it’s possible to buy a fraction of a bitcoin shouldn’t be buying any in the first place.

via Twitter Web Client

@brianchoffman Self sovereignty with a high cost of node operation is useful… for rich people. Thankfully we can..twitter.com/i/web/status/9…gF

via Twitter Web Client in reply to brianchoffman

@alexbosworth @el33th4xor We haven’t invented time machines yet! But in reality, the actual fix is RBF.

via Twitter Web Client in reply to alexbosworth

@jratcliff I’m primarily a Java dev and was excited that it’s in Java, but then I saw that there are hardly any cod..twitter.com/i/web/status/9…0t

via Twitter Web Client in reply to jratcliff

Many Bitcoiners consider Bcash to be a scam, which begs a question: is it unethical to sell bcash if you believe the buyer is being scammed?

via Twitter Web Client

@Excellion How many BTC to get it personalized with @lopp on the rear?

via Twitter Web Client in reply to Excellion

jimmysong I just published “Making Bitcoin Better” medium.com/p/making-bitco…

via Medium (retweeted on 9:52 PM, Aug 29th, 2017 via Twitter for Android)

All @BitGo users can now d̶u̶m̶p̶ buy coffee with their bcash! pic.twitter.com/TsXuqUbPC1

via Twitter Web Client

@alansilbert @PeterSchiff Hopefully he kept the funds inside of the IRA and transferred them to a self-directed IRA to avoid penalties…

via Twitter Web Client in reply to alansilbert

@jratcliff IDK, I asked some folks who are familiar with DAGs what they thought and they sounded unimpressed by IOT..twitter.com/i/web/status/9…He

via Twitter Web Client in reply to jratcliff

Lots of reports coming in of long transaction confirmation delays on Ethereum. This is your opportunity, Bitcoin Ca..twitter.com/i/web/status/9…ND

via Twitter Web Client

@KidKrypt0 Want to code? Any school w/ strong CS degree would be great. Then find interesting projects & contribute..twitter.com/i/web/status/9…fH

via Twitter Web Client in reply to KidKrypt0

@twobitidiot Either need more enthusiastic newbies (target academia for training) or need to work on projects more..twitter.com/i/web/status/9…RI

via Twitter Web Client in reply to twobitidiot

@twobitidiot Structure may change significantly, but group effort is required to build and maintain complex systems…

via Twitter Web Client in reply to twobitidiot

@twobitidiot You have to find someone with ~1 year of experience. Enough to know what they’re doing, not enough to..twitter.com/i/web/status/9…u4

via Twitter Web Client in reply to twobitidiot

@GeorgeAHallam I hear you may be able to facilitate the acquisition of a large block of KETH? We could use some to distribute to customers.

via Twitter Web Client

@rubensayshi One could argue that. I believe @jgarzik referred to such events as “fee market shocks / resets” or something.

via Twitter Web Client in reply to rubensayshi

Folks who are upset about SegWit adoption not happening overnight clearly forgot that Burning Man is this week.

via Twitter Web Client

@ztbrown @kickstarter Don’t ask permission, just do an ICO! 🤣

via Twitter Web Client in reply to ztbrown

@Aquentson @Satoshi_N_ Not sure if you’re looking to incite drama or if your reading comprehension just needs improving.

via Twitter Web Client in reply to Aquentson

@jgarzik @AaronvanW This is dumb, but beware projection. Core twitter account is probably run by one person. Doubt..twitter.com/i/web/status/9…Yp

via Twitter Web Client in reply to jgarzik

No, I am not available to build a clone of <insert popular crypto asset service>. Innovation or bust!

via Twitter Web Client

Good investment advice from a recently revealed Bitcoin Baron: “when you want to sell, just do the opposite.” nordic.businessinsider.com/this-swedish-g…

via Twitter Web Client

@Beetcoin @Suitpossum @Snyke You can find my recommended Bitcoin educational resources at lopp.net/bitcoin.html

via Twitter for Android in reply to Beetcoin

It’s not about the money, it’s about the sound money. twitter.com/jfnewbery/stat…

via Twitter for Android

rusty_twit I just published “The Consensus Path To A Bitcoin Hard Fork: Part 3” medium.com/p/the-consensu…

via Medium (retweeted on 7:44 AM, Aug 28th, 2017 via Twitter for Android)

Developer power is “centralized” in Core because it’s the Schelling point. Best place to learn & to be effective. twitter.com/theonevortex/s…

via Twitter Web Client

@jonmatonis @s_curves @ToneVays @BITMAINtech A chain without block size restriction creates bandwidth & disk usage DoS attack vectors.

via Twitter for Android in reply to jonmatonis

All @BitGo employees are free to respectfully voice their views about Bitcoin; I’m told that this is not the case at every crypto company.

via Twitter for Android

Bitcoin has been bootstrapping itself for 8 years; the free market will speak when it is questioned about the path forward.

via Twitter for Android

@fluffypony Belated congratulations on becoming a billionaire, bro. You’re still not planning to exit before 2020, right?

via Twitter for Android

Misleading visualization: eventually it will overflow and we’ll be back at 0 once all the bridges are burned…twitter.com/i/web/status/9…AU

via Twitter for Android

Govern yourself if you want governance.

via Twitter for Android

Bitcoin’s governance is built upon the power of “no” which is also the default, thus forming a strong status quo.

via Twitter for Android

Self-sovereignty requires responsibility for educating yourself about the rules of the system you choose to use. twitter.com/lopp/status/90…

via Twitter Web Client

Q: What do you think of protocol governance model X?
A: I think no one can represent your interests better than yourself.

via Twitter Web Client

@dangermouse117 Tyranny of the majority, however you slice it, isn’t particularly appealing.

via Twitter for Android in reply to dangermouse117

Q: What do you think of protocols with on-chain voting / governance?
A: I think half of the population has an IQ under 100.

via Twitter for Android

@misterdna That’s odd. Not sure it’s accurate - maybe missing historical data?

via Twitter for Android in reply to misterdna

@jeffbutts Yes, a digital tulip that can be instantly teleported anywhere in the world without asking anyone’s permission. 😁

via Twitter for Android in reply to jeffbutts

@taidi_ji They are paying for their broken difficulty adjustment algorithm with hyperinflation. Not sustainable lon..twitter.com/i/web/status/9…Wn

via Twitter for Android in reply to taidi_ji

@taidi_ji Bitcoin will be fine - it’s BCH that should be worried.

via Twitter for Android in reply to taidi_ji

I’m not sure that the big block / hard fork supporting community is of sufficient size to sustain both BCH & B2X ma..twitter.com/i/web/status/9…bL

via Twitter for Android

@MortuusBestia @Satoshi_N_ @brian_armstrong @spair Bitcoin’s utility is so damaged that the exchange rate is plummeting… oh, wait.

via Twitter for Android in reply to MortuusBestia

@el33th4xor Correct - it /could/ be poor engineering rather than malice.

via Twitter for Android in reply to el33th4xor

@el33th4xor Explain the empty block yesterday that was mined an hour after the previous block…

via Twitter for Android in reply to el33th4xor

@WayneVaughan We’re going deeper down the 🐇 hole - we won’t know if it’s progress unless we find the bottom ☺️

via Twitter for Android in reply to WayneVaughan

2012 - 2015: Explained Bitcoin to newbies.
2015 - Present: Explained Bitcoin to longtime Bitcoin users.

via Twitter for Android

tdryja Pay no heed to those who define Bitcoin as “the chain with the most work, whatever the rules”, as they are just along for the ride.

via Twitter Web Client (retweeted on 2:03 PM, Aug 25th, 2017 via Twitter for Android)

Tether must be getting popular. We’re seeing a spike of users mistakenly sending tethers to BTC addresses. pic.twitter.com/YUeMaemfLY

via Twitter for Android

@CryptoPietje Sure, though as tends to happen with technology, I expect it to become easier over time.

via Twitter for Android in reply to CryptoPietje

@gavinandresen @morcosa Core has no authority to stop groups of people from forking off.

via Twitter for Android in reply to gavinandresen

4) I’m going to put my money where my mouth is - I look forward to putting my capital to work to maintain this financial superhighway.

via Twitter for Android in reply to lopp

3) On an adversarial Lightning Network where spammers try to exhaust channels, well-capitalized users could get paid to rebalance them.

via Twitter for Android in reply to lopp

2) Lightning Network will offer a BTC denominated investment a la JoinMarket. Capital invested in maintaining LN channels will gain more BTC

via Twitter for Android in reply to lopp

1) Problem with using BTC to invest in things is the investment is invariably denominated in fiat. You risk BTC outperforming an investment.

via Twitter for Android

@polemitis The perspective of many bcash supporters is that miners can be trusted to maintain the system. Can proba..twitter.com/i/web/status/9…kt

via Twitter for Android in reply to polemitis

@polemitis I suspect that most bitcoin holders don’t even know that they are also bcash holders.

via Twitter for Android in reply to polemitis

There are many challenges to build & maintain a robust Lightning Network. Where there are challenges there are opportunities for profits.

via Twitter for Android

@misterdna Not really - I doubt you’ll learn anything new. It’s full of disinformation as well :-)

via Twitter Web Client in reply to misterdna

bitrefill Our segwit sweep today caused the first bitcoin block over 1MB!

btc.com/00000000000000…

Thanks @BitFuryGroup..twitter.com/i/web/status/9…HF

via Tweetbot for iΟS (retweeted on 7:16 AM, Aug 25th, 2017 via Twitter for Android)

TL;DR - the most popular way for banks to send money to each other works by sending text files via SFTP. engineering.gusto.com/how-ach-works-…

via Twitter Web Client

There are no metrics that define what rules comprise the real Bitcoin b/c you’d first need to come to consensus about what metrics to use.

via Twitter for Android

@kristovatlas Users who only intend to transact on fork Y have no incentive to protect users who remain on original..twitter.com/i/web/status/9…wH

via Twitter Web Client in reply to kristovatlas

@nikzh @santisiri @Blockchair Satellites, Ham radio, Twitter, carrier pigeons… The more comms channels, the more robust the system.

via Twitter for Android in reply to nikzh

@nikzh @santisiri @Blockchair Good luck tracking fees for transactions conducted via payment channels.

via Twitter Web Client in reply to nikzh

@JonathanVaage @kristovatlas Not children, users who are sending real money. If you make it easy for users to make..twitter.com/i/web/status/9…No

via Twitter Web Client in reply to JonathanVaage

@dagur @21 @BitPay Satoshis per weight. But it’s effectively still satoshis per (legacy) bytes. It’s not that hard.

via Twitter Web Client in reply to dagur

@kristovatlas When you say “doesn’t share the concern” I hear: has a perspective that creates a moral hazard b/c th..twitter.com/i/web/status/9…tH

via Twitter Web Client in reply to kristovatlas

Price increased 60% in the 2 months since this tweet. I rest my case. twitter.com/lopp/status/87…

via Twitter Web Client

@kristovatlas Argument has been made numerous times. If group X is making changes to fork off, onus is on X to make..twitter.com/i/web/status/9…F6

via Twitter Web Client in reply to kristovatlas

Sure is odd that @AntPoolBITMAIN is mining smaller blocks than are allowed… pic.twitter.com/n0AlzjZeBo

via Twitter Web Client

@dwr @FEhrsam How would you determine the value added by one specific feature?

via Twitter Web Client in reply to dwr

The first multisig SegWit spend, brought to you by @BitGo!
OP_RETURN 🎉 BitGo ❤⚡smartbit.com.au/tx/bf031d49f30…

via Twitter Web Client

@checksum0 This issue is unrelated to replay protection.

via Twitter Web Client in reply to checksum0

Cross-chain address confusion costs continue 📈. Imagine 3 Bitcoin forks that all use indistinguishable addresses… twitter.com/bitfinex/statu…

via Twitter for Android

@_drgo @maraoz Yes. No, likely due to miner configs.

via Twitter Web Client in reply to _drgo

@freedomstream01 SegWit sends use less legacy block space and thus have to pay less fees in order to be competitive in the tx fee market.

via Twitter Web Client in reply to freedomstream01

@freedomstream01 Not automatically. Generally you’d create an on-chain SegWit transaction as an anchor for off-chain SegWit transactions.

via Twitter Web Client in reply to freedomstream01

Payment channel updates conducted via Twitter. Pretty nifty! Thread: twitter.com/FedericoTenga/…

via Twitter Web Client

pwuille I’m the proud sender of the 3rd SegWit transaction ever: smartbit.com.au/tx/c586389e5e4… Thanks everyone who helped us get this far!

via Twitter Web Client (retweeted on 10:01 PM, Aug 23rd, 2017 via Twitter Web Client)

Segregated Witness is now activated on Bitcoin mainnet. Onward! pic.twitter.com/kh2IJHlsyL

via Twitter Web Client

Prediction: block # 481824 is going to contain some abnormally high fee transactions. 🤓

via Twitter for Android

@laurashin @mriou @derek_hsue @zaoyang Google Fi has no CSRs who can override your PIN. Lack of customer service for the win!

via Twitter Web Client in reply to laurashin

murchandamus I just published “BitGo SegWit Launch” blog.bitgo.com/bitgo-segwit-l… Thanks to @arikaleph

via Twitter Web Client (retweeted on 4:54 PM, Aug 23rd, 2017 via Twitter Web Client)

📈Bitcoin bubble📉
📈Altcoin bubble📉
📈Bitcoin bubble📉
📈ICO bubble📉
📈Bitcoin bubble📉
📈Bitcoin fork bubble📉
History doesn’t repeat; it rhymes.

via Twitter Web Client

roasbeef We’ve created a site with tutorials, resources, and documentation for application developers: dev.lightning.community

via Twitter for Mac (retweeted on 3:58 PM, Aug 23rd, 2017 via Twitter Web Client)

lightning Announcing the 0.3 release of LND alpha! Now with feature completeness, neutrino light client, LTC, spec compliance. twitter.com/roasbeef/statu…

via Twitter Web Client (retweeted on 3:57 PM, Aug 23rd, 2017 via Twitter Web Client)

Is there a segwit.party in the Bay Area?

via Twitter Web Client

@DipierroAnthony @Sir_Lebowski All BitGo addresses are P2SH. LTC P2SH addresses are same format as BTC. Though now..twitter.com/i/web/status/9…mh

via Twitter Web Client in reply to DipierroAnthony

@cryptorush All BitGo addresses are P2SH. LTC P2SH addresses are same format as BTC. Though now there is a new vers..twitter.com/i/web/status/9…A8

via Twitter Web Client in reply to cryptorush

@scottshapiro Not if the two different blockchain protocols use the /exact/ same address format. Check out blog.trezor.io/litecoins-new-…

via Twitter Web Client in reply to scottshapiro

@scottshapiro Since crypto assets use push-style transactions, you can’t reject a received transaction. Only real p..twitter.com/i/web/status/9…M1

via Twitter Web Client in reply to scottshapiro

@Sir_Lebowski They can all be recovered, it’s just a painful manual process.

via Twitter Web Client in reply to Sir_Lebowski

@jt_mot2016 Because all BitGo BTC addresses are mirrored on BCH. They are valid from the protocol / blockchain poin..twitter.com/i/web/status/9…0f

via Twitter for Android in reply to jt_mot2016

LTC ➡️ BTC issue would be solved if the rest of the ecosystem would upgrade to M prefixed LTC P2SH addresses… 😒 twitter.com/lopp/status/90…

via Twitter for Android

BitGo sometimes sees users send BTC to LTC addresses. Now seeing many sending BCH to BTC. I suspect B2X will cause even greater confusion.

via Twitter for Android

@ErikVoorhees Deja vu! Well, if Bitcoin Cash could go from weak opt-in to strong default replay protection in 1 wee..twitter.com/i/web/status/9…gJ

via Twitter for Android in reply to ErikVoorhees

rusty_twit I just published “The Consensus Path To A Bitcoin Hard Fork: Part 1” medium.com/p/the-consensu…

via Medium (retweeted on 11:08 AM, Aug 23rd, 2017 via Twitter for Android)

@13eanieman In that your style of thinking may drastically change and if you deviate too far from the rest of the c..twitter.com/i/web/status/9…VD

via Twitter Web Client in reply to 13eanieman

Falling down the Bitcoin rabbit hole is dangerous business. Some folks take a wrong turn & get lost. Best you can do is throw them a rope.

via Twitter Web Client

@BenedictEvans @twobitidiot Simpler and more secure to just buy a dedicated device such as @Yubico

via Twitter for Android in reply to BenedictEvans

Hardcore HODLers are too stoic to sell BTC low & too greedy to sell BTC high. They see limited upside to SODL & unlimited upside to HODL.

via Twitter Web Client

Bitcoin’s long-term survival is more important than its short-term success. Slow robust growth should be preferable to fast fragile growth.

via Twitter Web Client

@olivierjanss You’re making some arguments that centralization is more efficient, which is correct. But FYI, gossip..twitter.com/i/web/status/8…ip

via Twitter Web Client in reply to olivierjanss

@sangaman @olivierjanss I’d suggest familiarizing yourself w/security models available to Bitcoin users. “Trust the..twitter.com/i/web/status/8…b9

via Twitter Web Client in reply to sangaman

Watching the sun get snuffed out is a great way to put your personal problems into perspective.

via Twitter for Android

@DarekUstupski Not any more than it threatens every other form of computer security.

via Twitter for Android in reply to DarekUstupski

Statoshi’s patch set has been applied to Bitcoin ABC by Bastien Enjalbert; now you can see node & network metrics at statocashi.info

via Twitter Web Client

@AnthonyKarrick Couldn’t hurt to hedge - I have no idea what prices will do short term. I only know which projects..twitter.com/i/web/status/8…jn

via Twitter for Android in reply to AnthonyKarrick

@Jeronimoferrer More like once we get Lightning Network, though SegWit is a big step towards enabling it.

via Twitter for Android in reply to Jeronimoferrer

You shouldn’t get excited about Bcash profitability metrics (in either direction) unless you’re a big ping pong fan. twitter.com/jimmysong/stat…

via Twitter for Android

martindale Stop getting distracted by politics. Go build new things rather than tearing down the old. Stay focused on the future and create real value!

via Twitter Web Client (retweeted on 2:23 PM, Aug 20th, 2017 via Twitter for Android)

Millenia of systems based upon threats of violence conditioned humans to believe aggression is appropriate. Bitcoin sparks the unlearning.

via Twitter Web Client

@santisiri Folks who get aggressive when frustrated will fork off; system appears to be working as designed.

via Twitter Web Client in reply to santisiri

@santisiri Except this is voluntarism, not nation state aggression.

via Twitter Web Client in reply to santisiri

@llekn @LukeDashjr @Excellion @petertoddbtc Nice thing about CONOP is that status quo of protocol leads to lower CO..twitter.com/i/web/status/8…c3

via Twitter for Android in reply to llekn

@llekn @LukeDashjr @Excellion @petertoddbtc I’d support 6 months - 1 year lead time + sufficient replay protection.

via Twitter for Android in reply to llekn

@llekn @LukeDashjr @Excellion @petertoddbtc My view is simple: we should observe effect of SegWit & Lighting Networ..twitter.com/i/web/status/8…Fm

via Twitter for Android in reply to llekn

@LukeDashjr Hopefully we can get at least order of magnitude approximation. Sounds like @roasbeef has some ideas…

via Twitter for Android in reply to LukeDashjr

@cburniske I’m pretty sure that there are a ton of SHA256 altcoins. 😁

via Twitter for Android in reply to cburniske

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