Nikita Zhavoronkov

@nikzh

Jack of All Trades @Blockchair ⤶ Chief Troll Officer @Trollbox ⤶ Goodies: budget.day · privacy.watch · passport.store

[email protected]

Joined April 2008

Pinned
Nikita Zhavoronkov
@nikzh
Aug 12
BIP-54 is being pushed so much by Bitcoin Core for one simple reason: the "timewarp attack" is not an attack but, if coordinated correctly by miners, a potential scaling solution that Bitcoin Core is afraid of. With enough miners on board (my calculations show that around a 90%
Chun
@satofishi
Aug 10
Replying to @csuwildcat @CatoTheElder17 and @BenJustman
I don’t support BIP-54.
Nikita Zhavoronkov
@nikzh
Aug 15
Yeah, thanks to Bitcoin Core, the security budget issue is already here, and Bitcoin will have to face a choice: either a block size increase (nope) or this… So, bye-bye, 21-million-coin cap 👇
bitcoin++ @ berlin, october 1-3 🇩🇪
@btcplusplus
Aug 14
NOW LIVE 🎥: Tail Emissions and Demurrage Featuring: Peter Todd (@peterktodd) youtu.be/OmAAeEm1nIE
Nikita Zhavoronkov
@nikzh
Aug 14
What I've never understood about forking away (this applies to Bitcoin Cash in the same way as it does to Bitcoin Luke): yeah, you fix some surface issue (too little spam, too much spam, whatever), but you still end up inheriting the underlying issue, which is governance 🤔 My
Hardfork Mechanic
@GrassFedBitcoin
Aug 14
Put simply, I believe Bitcoin has a chance switching algo to BLAKE2B. I don't believe the SHA256 chain has a future, primarily because it's becoming increasingly centralized.
Nikita Zhavoronkov
@nikzh
Aug 14
"Some of our main donors: the Ethereum Foundation, Optimism’s RPGF, Octant, Arbitrum DAO, Rocketpool, Gitcoin." While the real solution to Ethereum's inflation is taxing L2s, it's no surprise that L2s and their investors finance the plan to nerf validator rewards instead 🥱
banteg
@banteg
Aug 14
july 14: eip-8363 created july 23: ethcoordinate.org registered august 4: eip pull request opened august 5: jerome requested hegota pfi slot august 6: it received a substantial 30min acdc agenda allocation august 10: ethstaker community surprise rebranded into
Nikita Zhavoronkov
@nikzh
Aug 11
Uhmmm… "thErE iS nO SecuRiTy BudGeT iSsuE" 🥱
VirtualBacon
@virtualbacon
Aug 11
A bitcoin miner just switched off every single one of its US bitcoin mines. Keel, the company that used to be called Bitfarms, sold 1,085 bitcoin for $75 million. The buildings are becoming AI data centers now. Revenue fell 50%.