
Proud Dad. Agnostic atheist. Left leaning Independent. Science/Technology/Psychology/Philosophy. *We’re all story telling apes. **Satoshi is/was @CSTominaga
Joined January 2019
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Bitcoin Mining: A Comprehensive Thread
How mining rewards are supposed to work.
Y=MX+B
Where:
Y is the Reward
M is the Fee
X is the Unit Time
B is the Subsidy
#Bitcoin
#Blockchain
#Business
#Economics
#GameTheory
#SmallWorldNetwork
#BitcoinSV
#BSV
#Fintech
#Capitalism
Jay Jay retweeted
I just want to say a huge Thank You to all 2,000 people who have returned and made a transaction and have been on this ride with us. Twetch is a social network unlike any other, where when people say send me 1 bitcoin and I'll send you 2 back it actually happens. Where users trade stocks and cryptos and NFTs faster and more efficiently than any other app on the planet. Transactions are absolutely flying right now, with over 1.2m TXs in the last week. Everyone is competing in every sector from social income to daily games to who has the coolest NFT.
We absolutely love to see how much fun everyone is having. Just hoping we can continue to grow and enhance the experience and bring new people into the fold.
This really feels like it's about to take off on a rocket ship, and beyond that – it's important. People need a home online where their leaders are genuine, where the work is transparent, where the transactions are legitimate. There's so much fake market making and volume washing going on in this space it's all fake and gay. We are building a product of real use, for real people, with real purpose. Thanks again! Back to work.
Jay Jay retweeted
The cost of waiting
Why service-time variation and deadline-aware measurement determine usable transaction capacity.
vi.ltd/update-2026-10-13-the…
Jay Jay retweeted
What a transaction timestamp can establish
Clock uncertainty, causal order and the capacity cost of verifiable timing
vi.ltd/update-2026-10-26-wha…
Jay Jay retweeted
"JUST IN," Pete? Cash App announced this Thursday afternoon.
"THIS IS HOW YOU SCALE BTC"
Cash App's own post: "Eligible Cash App customers can automatically move bitcoin to their paired Bitkey when their BTC balance reaches its chosen threshold."
Bitkey is "the self-custody bitcoin wallet built by Block, Inc." Cash App is Block's too. Block's app, sending to Block's wallet.
Moving coins off an app into a wallet you control is a real improvement. But a nicer withdraw button is not scaling. Every auto-withdraw is an on-chain transaction, and every one of them competes for the same blocks.
The cap doesn't move with the user count. BIP 141: "The new rule is block weight ≤ 4,000,000."
github.com/bitcoin/bips/blob…
So what happens when every Cash App customer sets a threshold?
Hint: they all bid for the same 4,000,000.
My take: scaling means blocks that grow with the users, which is what big blocks were built to do. A button that sends more people into the same small block is a queue.
Nice feature, Pete. That's not scaling. That's a waiting line! nitter.gq/pete_rizzo_/status/211…
JUST IN: BILLIONAIRE JACK DORSEY’S CASH APP NOW LETS YOU AUTO-WITHDRAW #BITCOIN DIRECTLY TO SELF-CUSTODY
BUY BTC ON CASH APP AND IT AUTOMATICALLY MOVES TO YOUR WALLET
THIS IS HOW YOU SCALE BTC
WHAT AN ABSOLUTE LEGEND 🔥🔥
Jay Jay retweeted
Bitcoin is truth.
Unless it’s plagued with soft forks, in which case, you can’t even tell if the transactions are valid unless you’re running the latest version of the reference client.
This is how Core hijacked BTC.
Jay Jay retweeted
The past that a backup brings back.
A backup can restore a working service while reviving an authority that was supposed to have ended. Digital scarcity therefore depends not only on who may act now, but on which past a recovered system is allowed to accept.
Imagine a transferable licence for a single reserved computing slot. Alice transfers it to Ben. The service records the transfer, refuses Alice’s credential and accepts Ben’s. The next morning, an operator restores yesterday’s backup. The recovered database is authentic: nobody has altered its contents. It nevertheless recognises Alice again.
craigwright.net/the-past-a-b…
Western Philosophy is not and has never been a “race” or “skin color”. Not single country on Earth is “white” or “black”.
Descriptive traits of individuals can be pragmatic useful but the idea of “race” is a complete “social construct”.
“Race” doesn’t exist. *Biologically.
Lightning is an unnecessary Rube Goldberg Machine albeit with centralized hubs and ridiculous fees. It is anti-Bitcoin. #BTC
Layer 1 allows for unbounded scale that increases tx throughput based on market demand. Sorry not sorry. #SaveBitcoin
💥 NEW: Bitcoin sent over radio waves, no internet needed
> A handheld LoRa radio signed and sent 400,000 sats with no internet and no phone signal
> The LILYGO T-Deck Pro running Meshtastic holds its own wallet, and the private key never leaves the device
> The transaction travelled in three pieces over LoRa to a home relay, which passed it on to the network
> The funds landed in a phone wallet about 10 seconds later
> The relay acts as a postbox only: it cannot change or spend anything
Jay Jay retweeted
Glad to see the world is finally waking up, however we have a couple of points.
►Bitcoin is not speculative, it is a utility technology and is capable of far more than most know.
► The underlying blockchain technology is far more than interesting, it’s revolutionary.
Jay Jay retweeted
Replying to @BitsComplicated
Thank you for preserving them. They all need to go on the blockchain. Bsvtube?
Jay Jay retweeted
「色相は水色(シアン色)なのだが赤く見える目と、色相は赤色なのだが水色に見える目」
左上の画像の目は赤く見えるが、画素は右上の画像の目と同じ水色(シアン色)である。それは、左右の画像の間に置かれた正方形のシアン色と同じ色である。一方、右下の画像の目は水色に見えるが、画素は左下の画像の目と同じ赤色である。それは、左右の画像の間に置かれた正方形の赤みのある色と同じ色である。
Jay Jay retweeted
I released a paper on quantum computing in 2017.
My assessment then was that the hype was bullshit. Nearly a decade later, I remain unconvinced that the promises have been substantiated.
Larger budgets, revised roadmaps and more polished announcements do not establish that we are closer to the capabilities being sold. “Closer” requires a measurable engineering argument connecting demonstrated performance to those capabilities. Repeating the destination is not evidence of progress towards it.
The question remains: what can the system reliably deliver, under what conditions, and at what total cost? Until those answers justify the claims, I see no reason to withdraw my criticism. Nearly a decade is ample time to improve a sales pitch. Substantiating it is another matter.
Jay Jay retweeted
When we started responding to Russia’s operation against our data centers, and when our strikes reached Yandex’s data centers, it suddenly became a little easier to breathe on many social media platforms. A lot of people noticed it. There was less hate, less division, and fewer provocations.
Because there were fewer bots. And it’s pretty clear where those bots were coming from – if they disappeared when Yandex went offline. This proves, again and again, that Europe is not the source of the problems. Europe is not the one making everything more difficult.
Most importantly, we need people in America, every morning, when the day in Europe is already moving toward evening, to really see what is happening. To see the truth.
From a speech at the Warsaw Security Forum. (3/3)
Jay Jay retweeted
Replying to @elsleightholm
Mathematics does not require a committee’s permission to be true. “Mathematicians did not ask for this work” is an extraordinary opening: nobody needed to commission the result. Every valid solution adds to our shared knowledge, whether it arrives by an approved route or inconveniences someone’s preferred vision of the subject. Trustworthiness matters enormously, but it rests on explicit assumptions, inspectable proofs and independent validation. A proof does not become invalid because its production lacked your blessing, any more than a press release makes it correct.
“Ethically researched” needs considerably more precision than you have supplied. If you mean not plagiarising other people’s work, say so. If you mean accurate attribution, honest claims of originality, transparent methods or proper verification, name those obligations and identify the failures. AI-assisted work is certainly not exempt from them. But neither “ethical” nor “in the public interest” should become a decorative phrase covering whatever an association happens to approve. Ethics deserves an argument; it should not be reduced to a velvet rope around the mathematics department.
The substantive issue is corporate governance. A Silicon Valley company choosing to release purported research without adequate controls raises questions about who authorised publication, what verification occurred, how contributions were credited and who takes responsibility for errors. Those questions apply to OpenAI as a company, just as they apply to any other research organisation. They establish no general indictment of AI as a tool. Hold the people making the decisions accountable, require the evidence and scrutinise the proofs.
There is ample work there without appointing yourselves the licensing authority for discovery.























