Discover and read the best of Twitter Threads about #cypherpunk

Most recents (3)

1/5

Programs can still be directly implanted into the #Bitcoin blockchain using the last 8 digits in it's decimal system (X.00000000) for as cheap as 0.1 $BTC minus transaction fees.

Approx. $350 USD + a lot of TX fees.

Each transaction will store 1 byte of Binary code.
2/5

There are two possible states in a "bit", usually expressed as 0 and 1

A series of eight bits strung together makes a byte (X.00000000 : TX amount)

With 8 bits (8 binary digits) there exist 2^8=256 possible combinations. I assume this is the basis for SHA-256 encryption 🎓
3/5

This can only be done efficiently while $BTC is still affordable.

To store each byte of program will cost 1 transaction (TX)

1kb = 1,000 TX's
1mb = 1,000,000 TX's
1gb = 1,000,000,000 TX's
1tb = 1 trillion transactions

Whoever built #Bitcoin did it for #Binary immutability
Read 6 tweets
I do not believe corrupt governments are multi generation conspiracies, but simply short time preference thugs.

Try to free a single child from being chemically lobotomized and the wrath of the state pours down upon you.

But try to prevent 100,000 in 5 years and they don’t care
Try to prevent 5 people from being extorted through income taxation or money printing today and they come after you like e-gold or Cody Wilson.

Try to eliminate money printing globally and create an electronic cash that makes taxation infinitely more difficult in 10 years and 😬
This is great one of the advantages of the #cypherpunk strategy over politics.

Fight where the enemy is weak or disinterested.

Build tools that will change the landscape in the near future.

Don’t try to get power through propaganda in the immediate future.
Read 14 tweets
Mes commentaires sur cet intéressant rapport parlementaire sur les #blockchains
#THREAD
bit.ly/2KEq9oi
1) S'agissant des aspects descriptifs, remarquable effort de documentation, de compréhension et de pédagogie technique sur les origines et le fonctionnement de #Bitcoin, des #blockchains et des #cryptomonnaies. Résultat assez impressionnant de précision et d'objectivité
2) PrĂ©sentation honnĂȘte de l'importance du courant #cypherpunk
Read 12 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!