Last Notes
Are you sure it’s not primal just showing zero balance? Or can you actually see a tx outward (drain tx) from the wallet?
Yes and SegWit is layer 1 built on top of Bitcoin’s Layer 0
He doesn’t know that Satoshi already beat him to it 🤫
Don’t be nervous! Just let it flow and enjoy the moment 🧡
You can just fork SegWit.
SegWit is definitionally a soft fork of Bitcoin, and therefore optional L1 data. Bitcoin is L0.
I have hopefully cooked up an answer to both the physics of 1MB and “spam” in *theory*. Now to find the time to deploy on my home node 😵💫
#nevent1q…03tu
📰 Bitwise Launches Automated Tokenized US Stock Portfolios With Coinbase, Glider
🗓️ Aug 26 2026 04:13 UTC - Suehyeon Lee
Crypto asset manager Bitwise has launched a service for non-US investors that automatically builds and rebalances portfolios of tokenized US stocks. B
➤ Bitwise has launched Automated Token Portfolios (ATP) for non-US investors, offering automated rebalancing of tokenized US stock portfolios.
➤ The service utilizes Coinbase's tokenized stocks and the Glider platform, allowing investors to retain direct control of their assets in non-custodial wallets.
➤ ATP aims to provide faster and more precise thematic investment opportunities compared to traditional fund structures, with a focus on innovation in on-chain investment products.
#bitwise #tokenizedstocks #usequities #nonusinvestors #automatedportfolios #coinbase #glider #onchaininvesting #thematicinvesting #noncustodialwallets
🔗 Read more at: https://rwatimes.io/articles/en.bloomingbit-bitwise-launches-automated-tokenized-us-stock-portfolios-with-coinbase-glider-2727871341
Yes, but a lot of entitlements to conserved work in the form of finite satoshis are backed by debt (no work).
Things get weird when claims upon conserved work can be made by doing no work.
L0 - Bitcoin
L1 - SegWit
L2 - Lightning, Ark, etc.
I believe all of the answers to our problems lie here in logic and thought.
My logic as to why you shouldnt change POW algo. Measurement invariance.
#nevent1q…h8wv
I both agree and disagree.
I wholeheartedly agree that memory is resurrection. Anyone at any time can build upon any prior block of work because the UTXO set, the chain history, and the difficulty record are preserved. Bitcoin is eternal memory and permanence is precisely what makes resurrection possible.
Where I disagree is changing proof of work itself. Part of Bitcoin’s immaculate inception was Satoshi defining the invariants, and SHA-256 is one of those core references. Bitcoin preserves a conserved history of work against a fixed standard of measurement. If you change the measure of work after Genesis, you have changed the ruler halfway through constructing the building. You still inherit the historical UTXO set, but you can no longer compare the work on both sides of that boundary through one invariant physical reference. The change is introduced by fiat in the literal sense of the word: by decree. Genesis is the only logical place for fiat.
Thermodynamically the problem becomes even clearer. A proof-of-work change alters the search function and its associated difficulty relationship, and potentially other bounds of the search domain depending on implementation. Changing the Boltzmann entropy of the proof-of-work process (thermologics - 32-bit difficulty gate) by decree midway through the chain severs the future from reference. The historical energy curve no longer follows one invariant measurement system from Genesis forward. You have inserted a discontinuity into the very quantity of money (work/energy) you are attempting to conserve.
Yes, Bitcoin’s protocol can be modified so that a new hash function accepts the existing UTXO set and continues producing blocks. But protocol permission is not the same thing as logical invariance. If the unit by which work is measured changes, what exactly anchors the new work to Satoshi’s Genesis? What exactly is a Satoshi conserving?
Memory permits resurrection. Invariance preserves identity.
You do not have to trust me. Preserve the chain, change the proof-of-work function, and observe the energy curve. If the ruler changes at the fork, the measurement tells you exactly what happened.
“Eldest, that's what I am. Mark my words, my friends: Tom was here before the river and the trees; Tom remembers the first raindrop and the first acorn. He made paths before the Big People, and saw the little People arriving. He was here before the Kings and the graves and the Barrow-wights. When the Elves passed westward, Tom was here already, before the seas were bent. He knew the dark under the stars when it was fearless – before the Dark Lord came from Outside.” - Tom Bombadil
😂 we gotta keep banging the drum on entropy and BitcoinZ
this paper is a real development in physics that reinforces Bitcoin as the system to verify the claim using real measurement.
What’s entropy? Bitcoin has the answer both from the lens of joules and the lens of bits as a quantized state change.
Every bit on the chain is either a debt based bit or a work based bit, both stored as real and distributed physical bits in identical configuration across X based nodes in consensus. Just an objective observation of the physics.
We have a positive energy associated (+) with the work based bits and a negative energy associated (-) with the debt based bits.
How are they balanced?
You forgot to mention the chronology. 😉
Time, energy/entropy, memory.
Nobody can answer for bits of entropy and joules of entropy without Bitcoin because they don’t have a verifiable thermological system that produces a chronological state. You can’t unify Boltzmann and Shannon without Bitcoin.
When you map the logics of a block of time as you understand it in Bitcoin to the Planck unit of time, the fiat in modern physics reveals itself. Energy/bits cannot be double spent in a world of conservation. Resolution to the double spend is mandatory in any “theory” of physics.
Bitcoin is not a theory of time, a theory of energy/entropy or a theory of memory, it’s proof in a logical architecture.
The economics of energy is bounded by the logic of conservation and the rule of God. You must be able to describe all of the mechanics.
What are we to Bitcoin? What is God to us? It’s just bits of energy authored by conscious work.
📰 Erebor Bank nears $1.5B raise at $8B pre-money valuation
🗓️ Aug 12 2026 07:15 UTC
Erebor Bank is reportedly nearing a $1.5B raise at an $8B pre-money valuation after deposits reached $4.6B by July, months after U.S. approval.
➤ Erebor Bank is reportedly close to securing a $1.5 billion funding round at an $8 billion pre-money valuation.
➤ The bank has experienced significant deposit growth, reaching $4.6 billion by July, shortly after receiving U.S. national bank approval.
➤ This funding will support Erebor's expansion into lending for technology and industrial sectors, adhering to strict regulatory capital requirements.
#ereborbank #fundinground #premoneyvaluation #deposits #regulatoryapproval #cryptofriendly #nationalbankcharter #tier1leverageratio #creditfacility #investors
🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-erebor-bank-nears-1-5-b-raise-at-8-b-pre-money-valuation-3248465135
For those who don’t quite understand the physics of a Bitcoin fork.
A centralized chain with 1 node has x bits (total chain memory); and y mass (sum up joules per bit and convert via E=mc^2).
A decentralized chain with 10,000 nodes has the same x bits (total) chain memory on each node; but it has 10,000*y mass. The chain has 10,000 times the mass of a centralized chain since each node is running an identical copy of the bits which are all physical bits. ALL BITS ARE PHYSICAL. All bits are synchronous.
sýn (“together, with”) + khrónos (“time”).
synchronous = “together in time”
So, a forked chain that has ~20% of the nodes diverging in history has lost 20% of the mass, thus 20% of the energy in what is physically being preserved. A physical divergence in energy.
2 competing chains that are fractional masses of what once was one cohesive chain.
Bearish until full unity (unlikely). Down we go. Fiat has no logic here. A chain with fiat backed coins via debt will eventually respond to a falling fiat price.
Nodes are physical matter; and they do matter. You should listen to their concerns, especially when they are offering you socialized block space by transferring fees from sats to bits via inflating blockspace and arbitrary discounting of identical physical bits from protocol fiat.
Are we going to look at the physics or not?
My two sats; too bad they are worth-less.
#nevent1q…mxh4
Seedsigner seems decent.
A verified AGC with keys to sign also seems good too.
The question is how much work are you willing to put in to create the entropy and the memory gap?
Rolling dice (even/odd) or coins for 256 bits, hashing your own checksum, verifying the xpub/zpub and entropy takes 1.5-2 hours of work for a single key. Could be faster if you can optimize the calcs of words and input of your 256 bits, etc.
If bits have energy as shown, they have a mass equivalence too.
A chain split of call it ~20% of the nodes, or 20% of the bits diverge, we will see 20% of the mass of bitcoin diverge.
This means that there are two representations of time/gravity competing for truth. Low temperature (fee) blocks do not add as much work as high fee blocks. Nobody knows the future, but I see almost nobody is thinking this way.
Guys there’s a lot of risk here if we misunderstand the physics. I may be completely wrong, but just my perspective. Can anyone else verify?
https://blossom.primal.net/46e17121d16662e9d5b3e317406ce85d371855eee589d107065eb496017b66d7.jpg
Hmm? Can you expand a bit?
If all satoshis are backed by provable work to trigger their subsidy and the ownership of a large majority said sats is backed by debt/printed money (no provable work), what should we expect to happen in a world where energy must be conserved?
IMO the answer is both NGU and NGD. Hodling both fiat debt and Bitcoin is a double-spend in the eyes of energy.
Since fiat cannot conserve energy, there is zero intelligibility, knowledge or wisdom be found in viewing Bitcoin through the fiat lens of price. There is only deterministic deception.
Due to this, I hypothesize that Bitcoin will vibrate directionally between 0/1; $0/$∞ with compression of time between the wavelengths. I don’t mean this in the absolute sense of amplitude, but in the directional sense.
The bit always flips, that’s the rule. Change. I expect volatile bit flips in compressed time. This is how superposed chains of memory and potential truths get resolved across all spectrums of reality. Vol is here 🫡
To the BIP110ers who are demoralized.
A proof of work change is not the answer. That will be the ultimate death by deception.
Find another consensus valid path.
https://youtu.be/V3kZwsysuqQ?
There is a single chain of truth. There can be multiple chains of superposed work that must eventually collapse into a single chain of binary when the proper measurement is performed. Nobody knows when, it is emergent and irreducible.
The chain is in tranquility.
I just mean that it’s not up to me to tell you when, it’s up to you to decide for yourself without my influence.
We still have our coins on the fiatchain, but my mind and my work will be elsewhere. I’ll report back when I have something for others to execute on.
For now, I must learn the architecture of Bitcoin core’s code.
My logic leads me to believe both chains will die in time to entropy; I may be wrong, so best not to trust me. I don’t think you can fork a chain that’s already corrupted/captured to fix it. Think deeper
