"Bitcoin Knots for the Win" "Super Disappointed" I am super disappointed. In myself. For the past years, I have head the cry to run your own Bitcoin node. I listened to how critical it is for the Bitcoin Network to remain decentralized. I brushed it off, it sounded like a lot of work. I thought I needed special equipment. I didn't want to spend any precious sats or my valuable scarce time. Well a few days ago, I started the process to document the entire node runner process. What I documented in the first FIVE MINUTES was all that is needed. One screen shot, attached again in this post. Holy crap, is my generation so blind and damaged from all those years of having to install crappy software via dial-up? From Windows to Netgear? Setting up modems and routers, on the phone with Comcast? Dreadful. Is the current generation so blind because they are so used to an instant-never-uncomfortable existence? I am up and running, it literally was just a few clicks, yes it takes a couple 'days' to synch up but big deal? You don't remember the old days, where downloading a few pictures took that long. Where if you accidentally disconnected, shut your laptop, you had to start over etc. HOLY CRAP I am mad. I am so disappointed there are not a million Bitcoin nodes running out there. Why did it take me so long? I will never be able to answer that or forgive myself for my inaction and disdain and complacency. Notes: - Running on an old Macbook Air I picked up for $150 off Craigslist. - Pointed to Bitcoin Knots bitcoinknots.org/ - Downloaded to my Apps Folder, had to open it from the folder to get around an Apple 'concern.' - Ran it for a few days (no thanks to the SPAMmers) It's running. Good grief. I have no interest in setting up the Wallet side or let alone even verify my transactions. This isn't about me, if I lost all my Bitcoin, that's life, this is for humanity. For now, like Swan wants to Orange Pill a million, I want to help Node Pill a million. Anyone want to help? Set aside five minutes of your time to help the Bitcoin Network? Is that too big of an ask? How may I help? My Bitcoin "Run your own node" eyes and ears are open. I have NO clue how this could land me in jail either, I'd fight this one the rest of my law-abiding-tax-paying years.

Love the line "hierarchy and heroes." That is peak FIAT. The heroes in FIAT, many of whom are talentless, follow the C-Suite from company to company to fix it. These people are the easiest to manage, they don't push the upper people, fall in line, and are rewarded. Peak Core Developers too. (e.g. it's why I am so behind Jon Atack/Luke even if they don't see eye to eye. It's way, way more than politics Rockstar and you know it.) There is one hero in all of Bitcoin, it's Satoshi. Satoshi walked away. It wasn't about him. It wasn't about money. It wasn't about being mic'd up on a stage. He was frustrated and motivated by a broken system. Period. Bitcoin in FIAT was predicted way back by Satoshi and Hal. Go back to their emails on the first MLM. It's not 'breaking news' or even interesting but they knew where Bitcoin is headed. I take comfort knowing even the worst chuckleheads who have infiltrated the FIAT/CORE Bitcoin rails, whether VC, CSuite, Altcoiners, Web3, DeFi, Digital Credit, or whatever stupid buzzword they are marketing, have the knowledge raw doggin' Bitcoin in Cold Storage is the way to go. There are exit ramps being built too, Swan announced a new product to help exit Bitcoin ETFs and do 'in kind' (somehow, I really don't care) transfers to Self Custodied Bitcoin. For now, we are locked, Saylor trying to put us into 4 buckets when some of us understand all 4 Bitcoin personalities and are pretty okay with it. Other than those in Core who egregiously are playing games with Bitcoin via their FIAT ($$) lens. Bitcoin is Money. RDTS/BIP-110 and if that fails we will continue to come after you like the truly motivated underdog Ukrainians everyone gave up on or said would surely 'fail.' Relentless. Bitcoin is too important to fail.

Remembering Ghost Banned7 thinking he was dunking on Bitcoiners back a few years ago with his Nano Trash. Ghost Banned Blocked me and Nano is .37 but apparently is green.

So good to see!!!

Forever love this one, we need 6 days to fill in the 70s to get to triple digits and then move up again.

This is brilliant. (Thanks Wicked long live the Idiot/Savants out there like you.)

There are a couple easy dots to connect. 1) Altcoiners buy into Bitcoinery 2) Bitcoiners do not buy into Altcoinery NAKA and Core are Dick Magnets to Altcoiners and their ilk. Bitcoin Magazine was founded by Vitalik Buterin, founder of Ethereum and 70% Pre-mine fame. Below are top NAKA investors with altcoine, VCs, Web3 dyed roots. Natural Blands.

Bitcoiners that signal for BIP-110 are just maxis from 2022.

Another good article by Renaud related to spam and BIP-110. Some commentary on the spam subject since he raised the topic. As I see it, it is certainly a fact that, to date, spam has essentially always gotten through. Very little has been stopped it or slowed it, and, for the most part, the premium paid for the spam has been quite low (if any). These facts have driven many, maybe even most, to conclude that the fight against spam is futile. There are some bad actors that want spam, but those are fringe folks (although loud), I believe most people, especially those that are more technical, hate it, but they are tired of the topic and feel it has taken too much energy already, so they want to focus on other things. I get that. Their hope is that eventually it will diminish because monetary transactions will be at a premium and this will eventually squish it. They might be right. However, as I see it, the historical case of spam not being slowed does little to prove that it cannot be done. Why? The reason is that block template creation has been highly centralized during the past decade. When 70% - 90% of all blocks are produced by just a handful of entities, their actions or policies dictate the result. If they all allow spam, it will get through without friction. If a material chunk of them don't allow it, then it will face friction, and if the spam has a time critical component, it will face considerable friction and get very expensive. As we sit here today, all the big template creators do largely let spam through. The obvious retort to this is "But Bob, the pools are going to create the blocks with the highest block reward whether they have spam or not. This makes the pool the most money and makes the participants the most money." My response is, not necessarily. A pool maximizes revenue primarily by maximizing its number of participants/hash rate and winning more blocks, variance in the block reward makes little difference to the pool. In other words, if Pool A has 10% of global hash rate and produces an average block reward of X, and Pool B has 20% of global hash rate and produces an average block reward of 0.99X, Pool B makes considerably more revenue and profit than Pool A. Pool B has little incremental overhead compared to Pool A. This means Pool B could pay its participants at an equal or greater rate (likely in the form of lower fees) even though its blocks have slightly lower revenue. In other words, there is a reasonable path where Pool B and its participants do better producing blocks with lower block rewards. As we have seen at Ocean, there is significant and growing demand from people and entities who wish to create their own templates. Almost all Ocean blocks are created by its participants (via DATUM) not by Ocean. These blocks typically have much lower spam content than the average network block and indicate that there is at least a portion of network participants that value low-spam blocks. While Ocean represents 2-3% of all blocks, it is still not large enough to present material friction to spam transactions. That said, Ocean is growing rapidly and this could change in the relative near term. Additionally, there are still efforts to bring Stratum V2 (SV2) to a wider audience and maybe more pools and solo miners using DATUM. It is my belief that over the next few years, all large pools will offer their participants an option to use either DATUM or SV2 to create their own templates, and I believe the uptake from participants will be high. Ocean already has about 2000 independent template creators, and by the end of the decade the whole network will add an order of magnitude more. It is my belief that it is only when we reach this point that the first valid data set around spam will be available. How many miners want to create blocks with it? How many want to create blocks limiting it? Are there enough blocks with limits to create material friction? Does this friction lift overall fees? We will find out then. Until we have answers to these questions with broader template creation across the ecosystem, the jury is still out on all spam related topics. The key before then is to make sure we keep (and expand) the tools in place to allow template creators the ability to make their desired blocks. My advice, and my request, to Bitcoin Core, Knots, @ProductionReady and anyone else working on a Bitcoin client is to make sure that template creation has the greatest flexibility possible as it relates to transaction selection. This gives us the best chance to limit spam, and at a minimum, we ultimately will get a valid data set upon which to base our decisions. Note: I purposely have avoided talking about BIP-110, V30, etc. here. Those topics have too much emotion around them and neither are relevant to the long term issue anyway.

Pardon the repost of my own stuff with absolute zero interaction. It's way too important to me. My entire career in BI: 1) I fought bad data/GIGO/coding around it all the time. Side info: Starting your career with Green Screens and Mainframes before the onset of networks and PCs helped show me the importance. Why? With the mainframe, all the fields were locked down, they were called 'edits' or even before the word 'filters.' No need to filter anything out that you couldn't input in the first place. Worked great. Data was darn near pristine, except for the Freeform/Comment fields that I would have to parse to find gems. 2) I fought the Corporate BS. (shown below) To me BIP-110 is a solution. Not even a great temporary one and that is acknowledged by everyone including Dathon, Luke, Mechanic and all BIP-110ers in the know. You can make fun of Knots/BIP-110/RDTS all you want but the real issue is Bitcoin Core is broken because of the top two things I fought 35 years for and can't believe I have to address it in retirement, let alone Bitcoin. Bitcoin is a winner asset run by mostly losers. Sad. Especially framed as Open Source.

Bitcoin: Sound money that no one can inflate, freeze, or seize without your cooperation is a genuinely radical and stabilizing thing.

We're mining blocks 100% of the nodes will accept not ones 88% of the nodes will accept

Wicked wants to explain how mining works to us. Do tell, Wicked. Make a YT video. DM us the link

We didn't write the BIP. We're just miners. Things may get exciting in August

12% of the network is running BIP110 nodes. 100% of the network accepts BIP110.

Sentiment for June 2026.