Nostr notes by Lamar

#nevent1q…f49f

2025-09-22T15:19:48Z

quoting
nevent1q…f49f

The Bitcoin network is in a heated discussion and it’s all about software.

A once-obscure alternative to Bitcoin Core, called Bitcoin Knots, has suddenly taken about 25% of all active Bitcoin nodes. What looks like a technical change is quickly becoming a political and ideological battle over Bitcoin’s future.

Just days ago, Coin Dance showed Bitcoin Knots at 19% of nodes. And now, it’s passed 24%, surpassing one-quarter of the network.

That’s a huge jump compared to Bitcoin Core’s tiny increase. Between September 9 and September 14, Core went up 1.54%, while Knots went up 47.6% in the same period.

Bitcoin nodes’ metric — CoinDance

Bitref.com, another website analyzing Bitcoin nodes worldwide, reports similar numbers.

Bitcoin nodes’ metric — Bitref

Bitcoin Knots isn’t new. Developed by long-time Bitcoiner Luke Dashjr, it’s based on Bitcoin Core but has stricter rules against what some consider spam transactions.

Supporters say it removes unwanted transfer baggage and helps Bitcoin stay focused on being sound money rather than a platform for experimental data.

The timing of Knots’ surge is no coincidence. Bitcoin Core developers are working on version 30, which will remove the 80-byte limit on OP_RETURN data.

OP_RETURN is a special function in Bitcoin transactions that allows users to embed arbitrary data, from digital art to records of documents, directly on the blockchain.

Bitcoin Knots takes this more seriously, and limits the size of data in OP_RETURN to 42 bytes.

Core developers say this will encourage innovation. Critics fear it will flood the blockchain with junk data. Bitcoin Knots supporters argue it will slow down the network, increase fees, bloat the blockchain with useless data, weaken Bitcoin’s role as a monetary system, and open up attacks.

Luke Dashjr himself warned, “What do you think will happen now that Core is opening the floodgates to spam, and essentially endorsing it?”

He added, “Any chance we have of making Bitcoin a success will go out the window – unless the community takes a clear stand and rejects the change.”

Luke Dashjr on X

The fight over OP_RETURN is not just technical—it’s ideological.

Bitcoin Core’s philosophy is that if a transaction follows the rules and pays a fee, it should be included, whether it’s moving money or embedding artwork.

Jameson Lopp, a Core advocate, put it bluntly, saying, “I truly detest politics. Thus I have little patience for those who try to impose traditional governance models onto Bitcoin. If you don’t like anarchy, you’re free to leave.”

Knots backers, on the other hand, want stronger controls to keep the blockchain lean and efficient. They see Core’s direction as giving up neutrality and potentially turning Bitcoin into a dumping ground for non-financial activity.

They believe, in the long run, such loose policies will have a strong impact on Bitcoin’s decentralization.

In 2017, block size wars divided the Bitcoin community, resulting in the creation of Bitcoin Cash. Some are now calling this the spam wars, with the same vibes as the 2017 debate.

Like before, the community is arguing how Bitcoin should scale, who sets the rules, and whether too much diversity in software threatens consensus.

For now, both Core and Knots follow the same basic Bitcoin rules, so they are compatible. But the worry is that if v30 rolls out and Knots doesn’t follow, transactions or even blocks could be rejected.

That would create a chain split where two different versions of Bitcoin operate in parallel, basically creating another hard fork.

As more people switch to Knots, it’s not just a sign of frustration with Core but also a desire for alternatives. Some see this as decentralization; others see it as fragmentation.

The clock is ticking for October when Bitcoin Core v30 will be released. Until then, the tension between innovation and stability, between openness and restraint, will only build.

Sorry, you're probably right. 'The Venice Token (VVV) is ...

2025-02-21T17:07:20Z

In reply to nevent1q…cuq8
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Sorry, you're probably right.

'The Venice Token (VVV) is a utility token issued by Venice.ai, and it exists on the Base blockchain. While some people might view it as a "shitcoin" due to its relatively low market capitalization and lack of widespread adoption, it serves a specific purpose within the Venice.ai ecosystem.

The primary use case for VVV is as a means of incentivizing users to access the Venice API for inference and to participate in the ecosystem. Users can stake their VVV to access the API, which allows them to interact with the Venice models. In return, stakers can earn a staking yield, which is a portion of the transaction fees generated by the API.

VVV also has a fixed supply, with a starting supply of 100 million coins and an annual inflation rate of 14 million coins. This helps to maintain a stable supply of VVV and prevent it from becoming too decentralized.

It's worth noting that the Venice Token has received attention from some cryptocurrency enthusiasts, who have criticized it for being a "scam token." However, these claims seem to be largely based on misunderstandings about the token's purpose and functionality.

In reality, the Venice Token is a legitimate utility token that is designed to support the Venice.ai ecosystem. Its value is not speculative, and it has a clear use case within the platform. As with any cryptocurrency, the value of VVV can fluctuate, but it is not inherently a "scam token."

It's also worth mentioning that the creator of Venice.ai, Alex Morozov, has stated that there will not be any additional airdrops of VVV, and the current token supply is fixed. This helps to maintain the token's value and prevent it from becoming over-saturated with new supply.'

I asked it 'Why does Venice have a shitcoin scam token?' ...

2025-02-21T16:41:20Z

In reply to nevent1q…350m
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I asked it 'Why does Venice have a shitcoin scam token?'

It seems confused about quite a few things, here's it's answer:

https://venice.ai/chat/JwdI-Ud0e_JXLuthvh9U3

Anyone know where this video clip is taken from?

2025-02-20T17:42:27Z

In reply to nevent1q…lpn4
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Anyone know where this video clip is taken from?

I'm definatly going to try it out.

2024-11-07T22:30:23Z

In reply to nevent1q…jm0d
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I'm definatly going to try it out.

I know, I use Mullvad and have tried IPVN. Both manage to avoid ...

2024-11-05T15:48:06Z

In reply to nevent1q…e5xq
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I know, I use Mullvad and have tried IPVN. Both manage to avoid requiring an email address to make the account. Burner email address or not, I think the way Mullvad and IPVN do it is much more private.

Nerdfont icons? I don't see any icons.

2024-10-29T02:31:42Z

In reply to nevent1q…9knp
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Nerdfont icons? I don't see any icons.

Thanks. And did you post a link to a Zeus tutorial today? I saw ...

2024-10-11T18:03:28Z

In reply to nevent1q…xgkl
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Thanks. And did you post a link to a Zeus tutorial today? I saw it and now I can't find it again. Tried searching too but no good.

Ah, OK. Thank you.

2024-09-27T14:30:19Z

In reply to nevent1q…m0as
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Ah, OK. Thank you.

I can't see anything like these options in my apparently up ...

2024-09-27T14:09:20Z

In reply to nevent1q…9ntd
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I can't see anything like these options in my apparently up to date version of Amethyst - 0.91.0 ?

https://github.com/dluvian/voyage

2024-09-19T23:09:50Z

In reply to nevent1q…3u7y
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https://github.com/dluvian/voyage

Yes.

2024-09-17T14:27:01Z

In reply to nevent1q…d3pg
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Yes.

Wow, it's amazing.

2024-09-14T23:10:45Z

In reply to nevent1q…cd32
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Wow, it's amazing.

Is this a photo?

2024-09-14T22:52:27Z

In reply to nevent1q…c2z3
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Is this a photo?

If that's what it means.

2024-09-02T19:35:03Z

In reply to nevent1q…h0th
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If that's what it means.

In Citrine, I need to 'Import database'. Anyone know ...

2024-09-02T19:30:38Z

In Citrine, I need to 'Import database'. Anyone know where to find my Amethyst database?

Magnesium citrate should sort you out. You'll have to ...

2024-08-06T16:31:44Z

In reply to nevent1q…qtzf
_________________________

Magnesium citrate should sort you out. You'll have to experiment to find the appropriate dose for you. I suggest trying at least 300mg per day (taken all in one dose) to start with if your condition is bad. If you're needing to counter the effect of opioids/opiates, probably more. Good luck.

I have a blank profile page; there is nowhere to put my handle. ...

2023-11-18T00:28:44Z

I have a blank profile page; there is nowhere to put my handle. It's just all white and empty and I don't know how to make it work.

I don't have a name because my profile page is blank. Anyone ...

2023-10-17T09:08:07Z

I don't have a name because my profile page is blank.

Anyone know what I need to do to make it editable?