Jameson Lopp @lopp@lopp.social

It's grant-seeking season for me, and I wrote up what I have been working on in 2022 and what I plan to work on this year: continuing my current Bitcoin network monitoring efforts.

https://b10c.me/blog/011-2022-review-and-2023-outlook/

I don't think mastodon has a great chance of gaining network effects so long as most of its content is just being mirrored from folks' tweets. Makes it seem like a waste of time for me to scroll through content I've already seen.

Its hard not to think Bitcoin has failed to provide meaningful end-user control or real societal value with a cursory glance at today's reality, but the fate of Bitcoin has not been sealed. Quite the opposite - it is still early, and by treating Bitcoin not as something which should be improved, but as something which should be taken out back and shot does a disservice to the entire cypherpunk movement.

Do not measure Bitcoin by the inspirational goals people assigned to it on its first release. If we measure the internet by the same metric, it, too, has failed. And maybe it has, but we cannot deny that it is used, daily, for many to communicate across the world instantly, even if more often than not via centralized platforms. Similarly, Bitcoin, today, allows many to transact across the world nearly instantly, even if more often than not via centralized platforms.

Like seemingly everything in this world, it is easier and more profitable for someone to build a centralized, controlling platform to extract rent and build a nice user interface than to build a decentralized, user-protecting product. The Internet only achieves user-protection when many people, like those building Mastodon, constantly build user-protecting systems which fill niches and promote their use. So too, Bitcoin only protects users when many people, preferably more from this community, build user-protecting systems on top of it - various privacy-focused wallets have seen increased adoption over the past years, lightning was created to allow for lower-value instant transactions, and also slowly sees increasing adoption. But these systems, like Bitcoin itself, are early and strapped for resources. Instead of dismissing their existence as useless, we should celebrate them, contribute code to them, and come up with new ideas.

Cypherpunks Write Code.

Fascinating read. Early mining pattern analysis via @lopp #satoshi #bitcoin
https://blog.lopp.net/was-satoshi-a-greedy-miner/

Great writeup by @lopp who picked up where I left off in 2017: https://blog.lopp.net/running-bitcoin-core-v0-7-and-earlier/