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Howdy there, partner! Welcome on into the Stacker Saloon.

Saddle on up to a stool and spill the beans about your day, fire away with them questions, or let loose and give us the lowdown on your wild and woolly life. We're all ears, so don't hold back!

We're open round the clock, so mosey on in whenever you please!

Hate to say it but Soap Miner soap dries out my skin

and

Salt of the earth uses the cheapest magnesium

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59 sats \ 0 replies \ @k00b 23 Mar

Traditional soaps are usually pretty irritating because they have a high pH (alkaline) and disrupt the skin's acid mantle. The modern stuff isn't called soap (e.g. cleansing bars) because they are made from synthetic detergents and are designed to have a lower pH and be less harsh. Trad soaps are also really good at removing stuff from the skin - including your body's own oils.


IME water + friction is usually enough to get skin clean and you get to keep your skin's biome intact. I've been waiting years for more skin biome products to hit the market, but it's not really happening. The dream is we populate our skin with microbes that consume the ammonia and other stuff we emit from sweat glands without producing foul odors.

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Good to know

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😱😱😱😱

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Hello everyone! I'm Luiz from Brazil. I'm learning how to use Bitcoin without Google Play services. Glad to be here at the Saloon!"

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Mike presents an update to the Hourglass protocol on the Bitcoin dev mailing list. Hourglass addresses P2PK coins, the earliest mined coins vulnerable to quantum attacks. These coins, including Satoshi's, total about 1.7 million BTC. There are two camps on what to do with these coins: do nothing, or confiscate. The original Hourglass proposal restricted PPK spends to one output per block. Someone with these coins can still spend it, but it is just inconvenient. Hourglass V2 mandates that any outflow from a transaction with a P2PK input exceeding one Bitcoin must send that amount minus one back to the original sending address.
This would lead to increased block space usage and a new fee market. Hourglass V2 offers a more gradual restriction, appealing to both confiscation and liquidation camps. Miners can still be paid fees, potentially incentivizing quantum attackers to subsidize Bitcoin. A flag day activation soft fork would precede implementation.

Sound approach to fixing the quantum issue!

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Ethan discusses algorithm agility for Bitcoin. It motivated by long-term security, considering that cryptographic algorithms weaken over time. Ethan proposes a redundant signature scheme allowing coins to be spent with multiple algorithms. Using the tap leaf tree, users can spend coins with Schnor or another algorithm. If Schnorr is broken, coins can be moved using the alternative algorithm. He recommends at least two signature algorithms, with one being a highly secure backup. A practical example involves Schnorr and a hash-based scheme like Sphinx or Shrinks. Mike adds that P2MR allows leaves requiring multiple algorithms for added security. Peter's post, "Limitations of Cryptographic Agility in Bitcoin," aligns with Ethan's goals of algorithm agility.

From Bitcoin opTech

This sounds like a really cool idea.

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Limitations of Cryptographic Agility in Bitcoin

There are great arguments on that thread - not everyone agrees with sipa there, but there were some good challenges and follow-up responses clarifying things too.

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This brings us to the question then how at all Bitcoin users can migrate to new cryptography, because we cannot assume that secp256k1 will last forever. And I think the answer is essentially that it requires the entire ecosystem to change their assumptions. This does not mean that adding a new opt-in cryptographic primitive is infeasible or a bad idea; it just means that adding FancySig as an option is changing the collective security assumption from "secp256k1 is secure" to "secp256k1 AND FancySig are secure" once FancySig gets adopted at scale, and the discussion about adding new primitives should be treated with the gravity that entails. And it means that disabling secp256k1 EC operations (or near-everyone migrating to FancySig, but I think that is unlikely) is the only way to change the collective security assumption from "secp256k1 AND FancySig are secure" to "FancySig is secure"

Merch call this the trust me bro algo haha. But wow Peter is a fantastic writer!

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I tried to write a summary of the thread a little while ago (#1451973). I found waxwing's comments very insightful.

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I missed it as well

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Missed that! Thank you.

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10 sats \ 2 replies \ @anon 22 Mar

Anyone who thinks LN just works is either a) a brokey (try sending an economically relevant amount), b) trying to sell you something (node as a service, inbound liquidity, swap service), or c) using a direct channel.

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d) carefully curating peers

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10 sats \ 0 replies \ @anon 22 Mar -42 sats
d) opening a channel with one of the 8 exchanges

FTFY

e) using a custodian

🫡

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you back? Was wondering where you been these past few months?

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1105 sats \ 3 replies \ @Natalia 23 Mar

Yes, I was traveling and onboarding some businesses into Bitcoin. 👀

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Welcome back!!

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285 sats \ 1 reply \ @Natalia 23 Mar

I miss the sat bomb:)haha

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haha!!

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Bitcoin price lately 😢

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Good morning..☕

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101 sats \ 2 replies \ @sox 22 Mar

3 hours to get the Voter ID and vote for the Judicial Reform referendum. Normally, I would lament about the fact that it took 3 hours, but I had the rare chance to experience the outside world so it was actually okay.

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Italy has voter id?

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yeah, it’s called Electoral Card (Tessera Elettorale) and they register your presence on it.

To vote in Italy you must present your ID and the Electoral Card, otherwise you can’t vote.

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and today, ur best can be even better!


time to cold-plunge in the creeks!

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My LG dishwasher broke after4 years of use! 😩

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95 sats \ 1 reply \ @k00b 22 Mar

Broke-broke and not clogged? Nearly every time I thought a dishwasher was broken something was clogged (the return to the sink was the worst culprit I've encountered).

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Broken drain pump and the control panel

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that's not much.

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I worry when such known people promote bitcoin. In this case, nearly two years ago, Peter Thiel tells Joe Rogan that Bitcoin is such a big deal that society does not know how to process and recognize it immediately.

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118th Cowboy Plunda Drop in the @saloon

Howdy cowboy! Come on in!

Use that fancy LN wallet you got and login into plunda.co and git you some loot! Get a shot at some coins🪙 Box of loot🎁 or an arcade token!

Use the below voucher code to collect!
BGOP7SZE3U47

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Got questions? Reach out to the sheriff @plunda

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Coín of the day:

Might be able to sell this coin on eBay for $20!

https://www.ebay.com/sch/11116/i.html?_nkw=the+bahamas+50+cents+1966&_sop=12

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So many of those are staples of my regular diet already.

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