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notsofast Profile picture
@notsofast
Aug 9, 2018 • 3 tweets • 3 min read • Read on X
A very good thing: bitcoinhackers.org @MastodonProject instance already has 1k users.
However (per @nvk's prerogative) it is decidedly #Bitcoin maximalist focused. (see pics)
Would you use a $crypto-agnostic, #altcoin/token friendly #Mastodon instance?
(poll below)
I won't cannibalize bitcoinhackers.org's growth, but I could host a $crypto-agnostic Mastodon instance at notosfast.org for relief from Twitter spam, account locking.
Could federate w/ bitcoinhackers.org
Can auto-crosspost to Twitter w/ IFTTT
Mobile app exists
(I have a LOT more on the go, so even if this poll hits my private "do more DD" mark, it won't happen for a little while, in deference to letting bitcoinhackers.org grow and also in sorting out trusted assistance.)

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More from @notsofast

notsofast Profile picture
Aug 10, 2018
Sure let's make some predictions for the next $crypto bullrun:
1a. GPU-algo PoW chains will have a hell of a time dealing with the sudden hashrate dropoffs from auto-switching to more profitable jobs than $mining, until an equilibrium is found, which will take awhile.
What kind of jobs? ML, AI, rendering, AWS compute competing...
1b. This'll lead to chain attacks whereby fake jobs are posted to deliberately lower a chain's nethash and thus the threshold to attack it.
ASIC PoW networks won't have this substitutability so they won't be vulnerable to this vector.
Read 10 tweets
notsofast Profile picture
Jul 5, 2018
Don't trust anyone in $crypto.
This is a core rule that has many facets and offshoots, including when it's worth breaking.
(here comes moar tweets)
Specific examples.
Fake Twitter followers are easy to buy.
YET that means they're easy to buy for someone else's account, in an attack to discredit that person.
YET ALSO that means one who buys followers for self-aggrandizement can claim someone's attacking him via follower-buys.
Callbacks to past winning trade calls, to create a narrative of being right all the time, can be edited.
You can delete all your wrong tweets. You can delete all your wrong telegram calls.
Read 12 tweets
notsofast Profile picture
Apr 29, 2018
We're attracted to having large numbers of things.
Some #altcoins should therefore split to unlock latent value; the more utilitarian the $crypto token, the more potential benefit if cheap & numerous.
eg $GEO - large caches seem more bountiful, single tokens have cheap utilities
More examples:
$BLOCK - Service rewards are non-decimal numbers
$FANS - small bets are still whole numbers; big bets are BIG numbers
$DCR - better representation as a currency as well as store of value
Everyone says #Bitcoin is infinitely divisible and wallets can be revised to move the decimal, but no coin to my knowledge has ever done this (instead splitting by fork). Attempts to hack people's impressions, like promoting denomination in bits (100 sat), have failed so far.
Read 6 tweets

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