on the forced "on-ramp" way to centralize counterparty

Why are you do not writing on other chat? Just here?

now after "invitation"

you say i "came" lol

YES I FUCKING DID

"you must use cp compatible wallet"

define MUST to me

how close it is to freedom lol

now FUCK OFF.

the answer is : BECAUSE I CAN lol

what a fucker

or

For me , team 2.0 offering ONLY tool they created also making things same for you . But why you blaming only here ?

i dont write there beacuse i can choose what i want or can lol

better?

i have been reporting bugs longer than you use internet lol

he ignored them all ALL THE TIME

So , that means you are choosing to use classic and blame only dev , that stands for this classic ?

now we are here

choosing?
I DO NOT WANT TO BE CHOOSING FROM 2

it supposed to be 1 chain

Why he ?) there are always was a big team behind CP

lol

what a fucking disaster i am in

dev said GOOD BYE

Now mostly of them in 2.0 chat btw

then forked

and now i am choosing?

:DDDDDDDDDDD

what happened to GOOD BYE?

So where is logic and what is your aims again ?)

Hey Random, what do you think of horizon wallet?

remove wallets from official list if they cant function without a loss of funds or running in to major errors.

By writing only here - yes . You already showed what really important for you

omg i dont even know what the team is of V2.0

and i am sure i have banned and blocked most of those devs or mods

so ?

They are working hard on cp and even without any jdog on CP for last 9 monthes

in my banned "devs" list you could probably find them all lol

Btw

But you still see only jdog...funny ... For user who claims to be so active ...

wow thast nice! have they tried to use counterpraty too?

@Pudfe

Ask them in 2.0 chat pls

lack of functionality.
doesnt meet a solid user experience requirement.

thats minimum

thats the most funny part is

you BELIEVE what you been said

and we verify on blockchain

we are bitcoiners

you are trolls

go touch the grass

Reading everything from you makes me laugh, especially when you call everyone trolls here but act like one yourself.

Where is constructive? Only hate ...

i verified

i do not see your usage

or am i mistaken ?

how did you tested it?

by talking :D

what a fucking clown and loser

because i pushed it a little bit

and now i have more/less XCP than i should. am i printing money or the error by devs?

TAKE IT AS A TEST

I've been here since 2016, and I know this isn't the place for comparing sizes of dicks and etc. ;)

Hope you will learn it 2

it is even worse, means you are that dumb that you never seen a single error

just fuck off, cant even talk to such dickheads

you are centralized in front of your eyes

now FUCK OFF again

There have been more than 20000 transactions without bots. However, please take a moment to focus on what is truly important to you. It seems you are speaking from a place of deep offense, which can prevent you from seeing the bigger picture. I kindly ask you one last time to calm down and approach this constructively if your goal is to find a solution.

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

and never noticed anything ever?

are you fucking blind?

what a clown again

no comments.

construct another 20k tx to find out lol

:DDDDDDDDDDDDDDD

SOLUTION TO START WITH IS NOT TO CREATE FUD ABOUT COUNTERPARTY.
1. REPUTATION RATING FOR XCP CAN NOT BE APPLIED ON OFFICIAL WALLETS OR WEBSITE. XCP SHOULD BE TRUSTLESS

2. REMOVE BANNERS CREATING FUD ABOUT SEGWIT ADDRESS'es

two "little" things to start with.

lets see how serious this will be absorbed.

There is so much blind hate and trolling happening. I hope you get banned. This kind of behavior is not helpful at all. I believe everyone here can see your true intentions by reading all your messages—over 1,000 a day—without ANY constructive solutions.

you make yourself to look stupid

you double up your stupidity

ok enough for today. two "desires" from the users to start with

The first constructive I ve seen at last from you - after 10k messages about how hot a fire in your butt ;) .you can better , I believe in you ;)

more than enough for next 10 years of his job

and he will probably ask another half million to do that

because he will see nothing wrong about it

i bet.

these two "ASK" are directed to the cause of why people were in FEAR and UNCERTAIN

thats literally the FUD definition

so , yes, the only FUD is what he made.

if this will not be applied

I feel there is a concern about the new team that has been here for almost a year. They have their own company (Adam has one), which seems to indicate their main goals and interests. Am I being paranoid? I would appreciate some constructive feedback to help me understand whether we should be worried about this or not.

i will come back asking to remove his tools from official list as they hurt counterparty

he is basically fudding it

he is fudding segwit addresses and native counterparty currency

thats two facts.

you are being centralized. sit and watch

Maybe we can go both and ask NEW devs team about it ?

Also you are still not tested how they ban hammers works. You can be polite , but still be banned

Just cos opinion is not the same with them . Been watching and analysing all this for already weeks

And shutting down Kane in twitter audio room was also good example of this

Right - can’t handle this chat any more boyos- sionara

yeah better is to fork network one more time and not to talk about it. not talking and pretending there is nothing to talk about was always the "key" to counterparty success, when in reality new users say " the fuck is this shit that looks like brought from 80s".
not to handle chat is one thing, not to handle XCP is another. XCP market talks itself.

So if there's a fork, there's 2 ledgers, can I sell my 100xcp on 9.6xx but keep them on 10.6xx

I have taken my time to review my thoughts and history and summarized them here

https://x.com/c0rnh0li0/status/1852906924859175021

I see above J-Dog dismissed me as MSM 🙄

Mike's in space already squirted it out here last night

We noticed a nice narrative hidden in historical context

A little late as JDog already explained that when 2.0 never adds replay, he will

But continue the crusade as long as you see fit

"i am leaving"
"xchain sold to dankest that CEO is jdog himself"
"he forks network"

next step?

please say what will be next step so we could prepare accordingly

and is he counterparty dev or not?

Moon

and if not, why such power after he left?

who gave him right to mute/ban/censor?

he is "i am leaving"

LEFT

what i am not getting?

Jdog kept it decentralized. He did 2.0 a huge favor

ok nevermind

Wen all the cucks were just going along

"ass liking" is back

good luck guys

Part em

You have the best collection

he rate limited people you dumb ass

where is decentralizing here lol?

FUCK YOUR decentralizing

he did what he wanted

we have to play by his song

he can limit you to click once an hour

Which was keep counterparty great again

so fuck his decentralization and his dumbass work

wanna buy some XCP?

It was centralizing around a for profit company

where is jdog

and his XCP hoarding like he did before pulling bribe to stamps

Down by the river

lets wait for him to wake up and clean all dispensers lol

lets wait him to "do it right" and "not for the money"

he always did this for the money.

period.

If you thought that then why continue to participate all these years

I imagine he could find a higher pay job where no one calls him ass liker

That Stack guy is stuck in the 90's

bravo. i though he already had one when he said good bye.

i don't care much he worked 1 year or 10, i judge the job he made

amateur stuff. thank you

NEXT

i don't answer questions. it is not my wallet that is shown as official in the main website of counterparty.

LESS TALKS. MORE ACTIONS.
You either go and buy XCP and believe it is great.
Or you shut your little weasel mouth and sit with zero power to put some weight on your words.

You just make yourself look stupid

ok, bye for now. will leave the chat to wizards

I have it
I like buying it from you

War......

Fuggen stupid......

Times are changing....

would i be right

saying

that you was misslead by tokenscan banner

to think you cant use bc1q address'es

would i be right to say that?

Nope

LOL

what a fucking troll lol

i have your message

Me?

can you let me post it?

YOU

let me post it

i ask your permission

Of course

ok

I didn't say stupid shit in private then deny it

"I thought I remembered seeing a warning about sending or not sending from addresses that start in bcq1"

I been just watching all this trying to learn

could this have been said by you?

i am asking

yes or no

No

LOL

its me stack

you told me this

I asked about it because I was learning

fucking lier

FUCK OFF

??

another troll

got busted

I'm confused

FUCK OFF

??

and take your "im confused"

this?

LOL

Dude.
I'm the one that was buying 20 XCP from ya as all this went down. You helped me get muh XCP. And I learned a lot about fees from you.
Grateful

Arvik deleted his commend hahahhaha

what a troll lol

?

What you talking about I didn't delete anything about all this .
I'm small fish.
I got nothing to hide bruh.

shut up.

wanna continue your lie?

so please shut up.

NEXT

this

arvik

YES OR NO

last time i ask. you gave me permission to post

my point is

you as supporter was mislead too

Who explained you the truth lol?

was it JDOG or ME?

explaining shit that segwit is safe to use

Nothing too crazy I was minting buying trading broadcasting lol like what any would be doing I thought

SILENCE. so basically another troll busted in his lies lol

enough for today. on to the wizard now, please

Don't even code.
I have muh entire life savings tied into artwork n XCP.
Trust it's not a lot.
I was in process of buying 20 XCP from you. The fork screwed the transaction up and while you and I came to agreement to get muh XCP you also taught me a ton about how to save fees using electrum and mempool. You began to teach me about segwit addresses and lower fees for them, I asked if those were the addresses in the warning on dispensers.
Not sure what the confusion is,
But.
I'm grateful for the knowledge you shared with me. I've already saved fees on the very few transactions I've done since.
I truly not sure why if I pissed you off. It was not on purpose.

"I thought I remembered seeing a warning about sending or not sending from addresses that start in bcq1"

could this been written by you

YES or NO

i recommend you to pick the right one.

Yes I wrote that

ok

that mean, new comers are mislead

and djog creat FUD

thank you

?

all i wanted.

The warning has been on the dispensers forever

THAT EVEN WORSE

thats the point

he do this 10 year or 1 year - he still do it bad

This was what I was talking about

P not Q

NEVERMIND. LOL

I'm retarded and was freaking out at the idea of having just potentially lost a weeks worth of pay.
Emotions were and are high.
The funds for 20xcp had just left muh wallet and I didn't see any unconfirmed...

all i wanted to hear that you was thinking you can not send to Q

means that banner makes the FUD

that will be only to understood by intelligent people

so dont waste your time thinking

Wtf

Why is the banner there?

Why say bye when you are not leaving?

hahahahahah

THATS THE FUCKING QUESTION lol

WHY THAT STUPID BANNER IS THERE AT ALL?????

because of the dumbass dev

thats why

bye all!

Wrong answer

because i can.

You lose 1 point

i already answered a question that can be taken as a gift. see ya

My hubris will be written about.
But I am constantly chasing knowledge and adapting..

I think probably you don't know

Dm me for "How to speak in Stack"

Similar to Pig Latin

The reason the banner is there is that Dispensers were originally designed to be triggered by any vanilla Bitcoin wallet. Since Counterparty does not yet support Taproot addresses, this was necessary to alert buyers not to use a Taproot address. But the deeper issue is triggering dispensers using a vanilla Bitcoin wallet. Had dispensers always required passing an OP_RETURN header in the txn, then users would have known (and been socialized) to only ever use a Counterparty wallet when buying from a dispenser. Hence, there would be no need for a banner. The banner is a band-aid solution to a deeper problem.

to alert buyers that use taproot address'es - YES

to alert legacy address user, lol

Mike, lets be honest. he is not the sharpest knife in the shelf

You wouldn't have to think about address type at all if only Counterparty wallets could interact with dispensers

We all know, Mike, thanks for filling stack in

I'm not blaming Stack here. A lot of this confusion is the direct result of decisions made at the protocol level

you want to do it right? or you want to do it "jdog" ?

Always amazed at the composure Mike keeps

Early Sunday morning chill... sipping a coffee... lol

I'm just pretending that stack has no clue to keep him going until I run out of coffee

Its raining

You should ask him out

Stack could certainly be more succinct rather than vomit walls of text

I'm married

I think a lot of it is pretty funny

most funny is the size of XCP you bought hahha

I heard they put a rubber band around your xcp and it fell off

it did

That’s random hahah fun

The rationale for not passing an OP_RETURN header in a dispenser txn was justified (afaict) in making it easy to onboard new users. They could just use their existing Bitcoin wallet. But if you think about this for even 2 seconds it makes zero sense. So lets say I buy from a dispenser with my vanilla Bitcoin wallet... now what? I can't see those tokens in my wallet... panic? Oh, I've gotta now install a Counterparty wallet (which I should have done first) and then move my seed phrase into this new wallet? Panic? It's a terrible user experience.

Panic is a weak emotion. It should be bred out

I like how you and four people are having a big circle jerk here

This 👆🔥

That's just our pfps in your imagination

Make some art out of it

Circle jerk living rent free in head
Fuk
That's worse than the fork.

Draw my Booby trying to get his little wee wee out

Sell it to Stack for pepecash

i should send you freewallet icon enlarged in x50 size 3AM at night when you least expect it

I was Wally for Halloween

It's fine if you want an insular community that isn't growing in size. It's sort of the "we liked the band before they were cool!" mind-set.

No, counterparty is inevitable.

Imo

People will get better

I did

We liked freedom before it was cool....

Nothing is inevitable. Not even Bitcoin. That's just an excuse to sit on your laurels.

This is called strawmaning

Its an opine

Death?

Okay fine. Death and Taxes

Not taxes

That's played out

Bitcoin is inevitable

Death and bitcoin

Counterparty is bitcoin

Running out of herb may be inevitable someday

Pepe is bitcoin

Pepe is inevitable

Truth is inevitable

There was a Fake Rare card, I think... it had a rap song embedded... I wish I knew who made it... but it had a great line, "Counterparty Protocol, thinkin' that they know it all..." anyone remember which card this is? Can't seem to find it in the directory.

Transmuted

Burncard?

yeah maybe let me check

TheBurnCard

Is it just me or does it no longer even play the audio? Just displays an animated gif... https://tokenscan.io/asset/THEBURNCARD

Any other cards missing audio?

Yeah I can’t hear anything

i wonder if xcer will be banned for the hate

you supposed to say "it works great"

The irony that the JSON is Coindaddy hosted and still broke.

im joking, but it is good to see people doing some exploring, testing :) i will get back when it gets too boring

No, (Xcer) hasn’t been banned at all, and has been free to speak his mind here as all users have over the past years, regardless of if their opinion conflicts with the community or not…. This is not the community of censorship, and messages are only removed when they’re abusive

I get it. Shit breaks, needs to be fixed

Even though I’m non technical know nothing

Shit shouldn't break when we're selling the narrative of "Blockchain" assets.

I tire of continuing to come to this channel and see nonstop, personal attacks against me rather than addressing restoring simple functionality that was lost, which caused many users other than myself to be upset. You guys can go ahead and continue to try to make me the problem as that’s the simplest route of attack, but rather than working towards solutions, you just continue to make the problem worse.

Carry on with your smear campaign and cherry picking comments to try to make it look like I’m the fork and I am the issue.

The reality is, it is not just me that is upset. Many users are upset. And I am not the fork. The new version of software is always the fork.

who the fuck are you lol

this is serious question

and why someone should care what you tired from?

but curious to see how this error arose? was it from trying to buy from a dispenser that is closed? and this one happened to have BEACHBOBO and DANKMEMECASH on it?

This error is the main issue that caused the fork… in counterparty 10.X you were supposed to be able to create a dispense on an address with an open dispenser…. You were also supposed to be able to just do a normal BTC Send and have that BTC send automatically converted to a new dispense transaction.

After hearing for a few days, that users were having issues with doing BTC sends and dispensers not being triggered I dug into the issue a bit deeper. In the process of me, updating FreeWallet to no longer trust the BTC send and instead to try and detect if a dispenser was open on an address and automatically in FreeWallet convert the BTC send to a dispense, I discovered this issue.

The issue is that dispenses only worked on addresses that had one dispenser open and had no other history of dispensers on an address …. If an address had any history of closed dispensers on the address, then the dispense transaction refused to be generated and error messages like this were thrown.

I am the one who dug into this issue and found that counterparty was not working as it was promised in a reverse compatible way, and reported the issue to the counterparty core developers.

They did recognize that this was indeed an issue and put out a release which fixed the issue , however, it did not immediately fix the issue and instead the release activated the fix 2 weeks later (2 days ago)…. Which means that anyone who used dispensers in the past three weeks since counterparty 2.0 activated in block 866000, has had issues with their dispense not working, unless they happen to be in the situation where they were using a new address with only one dispenser open on that address.

You can verify what I am saying is true by simply looking at this GitHub issue .

https://github.com/CounterpartyXCP/counterparty-core/issues/2571

This is one of the many issues I reported over the last few weeks to the counterparty core developers…. But this issue is the largest one, which essentially broke the ability for anyone to use a dispenser except in that one case where there was one dispenser set up on an address that had never been used before….. and this issue is the one that caused the ledgers to actually fork and continue to diverge for 3+ weeks until the issue was resolved.

I hope this answers your question, and gives you a bit more insight into the reality of what happened with the failed counterparty 2.0 launch, how it was not tested properly, how users lost funds trying to use dispensers, and how the ledger differences continued on for three weeks.

This issue, the loss of ‘origin’ dispenser functionality, the loss of ability to use memos in MPMA sends, and the general attitude of the core developers in response to these issues, solidified my decision to embrace both versions of the ledger.

Here is a link to the GitHub issue regarding MPMA and not being able to send multiple memos, where I respectfully report the issue, which is ignored. Then I am told that I am wrong, and that counterparty never had the ability to use multiple memos in a send, and when I pointed out an MPMA send which had 67 different memos on it, to prove that indeed functionality was lost on MPMA sends, I was told it was my fault for not finding these issues for the counterparty core developers months ago. My further comments pointing out that better testing should have been done before release were then marked as “abuse” (you can view the comments if your signed into a github account)

https://github.com/CounterpartyXCP/counterparty-core/issues/2568

Once again, hopefully reviewing these issues, and the responses to them will help you understand how this situation we are now in came to be.

are you the dev?

A little history for those who cared to actually take the time and read.

Listening to jdog will lead to centralization

good day to all

Not engaging with you stack… as it is abundantly obvious that this is you, who only shows up while I sleep, and writes long rambling posts about how I am the problem and how FreeWallet doesn’t work.

I’ve gone out of my way over the last couple weeks to answer your questions respectfully and post videos demonstrating that things do indeed work .

Not wasting anymore of my time on these personal attacks as they are ridiculous.

I hope you guys get outside and touch grass today… there’s more to life than being a keyboard warrior and trying to argue in chat rooms all the time.

You invited me. by offering CP only wallets

so yeah believe me, you are engaging with me

you want this or not

Well, I for one, work outside in the sun and the dirt sooo....

BYE

And we got a giant rain cloud here in middle America

Haha so obvious it’s Stack

Taking a step back from participating in counterparty core and protocol development on a daily basis, does not mean leaving the space entirely, as I still run tokenscan.io and freewallet.io, which have been around for years, and continue to be the primary way that people interact with counterparty.

I’ve heard a couple of times from Adam that I rage quit counterparty, which is yet another falsehood🤷🏻‍♂️

I decided that after 10 years of working on the protocol, that it would be best if I stepped back as the core developer and let the cofounders steer the ship, which is why I handed over control of all of the counterparty properties. Servers, domain names, forums, social media accounts, telegram, chat room accounts, etc, to ensure a smooth transition as much as possible.

I continue to participate in counterparty as a community member and developer.

I still have a deep love for counterparty and it’s shared history, and still continue to do what I feel is best for the community in my role as a community member and developer. 👍🏻

As I’ve said many times, the full history of Telegram chats since 2016 is available for anyone to review who wants to actually take the time to understand how things have progressed, rather than cherry picking comments and screenshots to suit a specific narrative.

J-dog.net/archive/

Guessing cornhole is vaxxed & boosted 🤣

The rage quit narrative is Ludicrous. Thanks for keeping Counterparty decentralized and great again

Referring to Stack’s sock

I’m sorry to hear that your first experience with this chat room was the nonsense that you came in in the middle of…. To address your question directly., it seems your message was deleted by an anti-spam bot as it typically limits how much a user can interact with the channel when they have just joined the channel.

Also to answer your question about why it says on tokenscan.io to not use bc1p addresses on the dispenser pages… this is because counterparty does not currently support taproot addresses. (Addresses that start with bc1p). And until recently users were able to send Bitcoin to a dispenser from any bitcoin wallet, not just counterparty specific wallets.

The warning message that you’re seeing telling people to not send from bc1p addresses was the best possible solution to give people a warning before they tried to do a send to a dispenser.

I believe that support for taproot and taproot addresses will be added to counterparty in the coming months, and this issue should go away.

Thank you for clearly, asking your question and raising your concerns. And once again, I am sorry that your first experience with counterparty is the nonsense that you happen to be walking into right now.

I encourage you to stick around counterparty as it is an amazing platform with lots of exciting features, and generally an amazingly supportive community.

Regardless of which version of counterparty you choose to use in the future, you’re always welcome here in this chat room, and my door is always open for DM’s Should you ever want a direct answer from me.

I hope you have a great day 😊👍🏻

I'm pretty sure Baseline was stack as well

Got ya… given the current narrative being pushed by some that I quit counterparty, I felt it was relevant to address this question now and clarify exactly what I was walking away from (core developer role), and that I continue to be involved in the community as a developer and user 👍🏻

Perhaps, but he asked questions in a respectful way, and his question seemed genuine… so I felt it appropriate to respond👍🏻

Thank you for your answer

I'm pretty sure you are wrong

Coindaddy simply host the JSON, and I have not updated the asset enhancement tool to support CIP25, which I wrote, because my focus has been elsewhere.

Also, as you know Mike, JSON just points to external URLs to get data, and so if any of those external URLs break or change, sometimes stuff doesn’t load…. You should be very aware of this since your whole narrative in stamps is that things need to be on-chain and “unpruneable”.

In case you haven’t got the notice, continuing to try to bully me and push the narrative that I’m the problem, that I left counterparty, that I want to be king, or other personal attacks are not going to change my position, as I have a much thicker skin than many in this space.

It’s clear “counterparty classic” and “counterparty 2.0” are actually things that do exist, and are not going away, so if you continue to stay in this room, I would respectfully ask that you try to engage in here in good faith and not continue on with the personal attacks.

Even when your project was shitting in the sink and taking down my infrastructure via spamming and causing problems for many counterparty and freewallet users, we still seem to have generally a respectful discourse with one another, with the minor exception of the fork in January.

As I continue to engage in good faith in this channel and respond respectfully to you and others, who continue to try to push personal attacks, I request that you also try to operate in good faith and stop wasting time on, what I consider to be, nonsense drama.

Thank you👍🏻

Wasn't a personal attack. Btw, you were the one criticizing the founders for not having implemented CIP25 yet in their brand new explorer and yet you haven't even implemented CIP25 in your own for-pay service, not to mention CIP33. I just find that odd.

simping mr simpleton

Just pointing out Fax

promoting corn holes thread of fud

the fact is you are a degen grifter who leeches off the protocol with your trash

so if we want to get down to real fax

I was actually criticizing the founders for not even being aware of the existence of CIP25 as a spec, since it is a spec that is used heavily in the counterparty space, and was removed from the CIP repo by Adam and called “unnecessary”, without even being reviewed… no mention of it, not being supported on their new explorer was mentioned👍🏻

But yes , as I said, earning profit in counterparty has never been my motivation, so getting my own coindaddy.io tools updated to using specs which I wrote two years ago. Has not really been much of a priority. 🤷🏻‍♂️

Well you can look at it that way, if you like. I see it a bit differently. I've brought more attention to Counterparty than probably anyone. I literally wrote an OP-Ed in Bitcoin Magazine that chronicled the history of Counterparty: https://bitcoinmagazine.com/print/everything-old-is-new-again-

yes the chinese wash trade bots love all your trash art

Yes, I am. Quite famous. They fly me into conferences to hear me speak: https://www.youtube.com/watch?v=51liILYYHpE

lmao

Biggest Counterparty booster out there

Congrats, Mike you have achieved such successes… you manage to take a feature which has been active in counterparty for years (multisig), spin it as if it was something new, push it under some nonsense “unpruneable” narrative, abuse bitcoin by drastically increasing the UTXO set, create a confusing project called bitcoin stamps, which is both on counterparty and off counterparty, not be involved in the day-to-day operations of the project that you created, and yet still managed to get people to think that you’re a genius and you completely understand the Bitcoin space.

Congrats on your accomplishment, sir.

I wonder why you continue to spend time here when you very clearly support counterparty 2.0 and only engage in conversations here which push either that J-Dog is the problem in the fork or that you are super famous and should be listened to 🤷🏻‍♂️

It’s clear you’re gonna keep doing what you wanna do … so disengaging now…. Have a nice day.🤷🏻‍♂️😜

really where are they? these people u speak of? lol

In hindsight, I guess maybe I should thank you though Mike….. had you not created bitcoin stamps and the way that you did, I would never have been forced to try to write a spec to guide you in how you could do things responsibly on counterparty rather than “shitting in the sink”…. That spec became BTNS (BTNS.wtf), which has proven its value getting thousands of users to issue tokens and mint token supply a full year before counterparty had that functionality…. And provides the framework for the upcoming multi-chain XChain platform that I’ve been working on for the past year…. Big things have small beginnings👍🏻

“Sometimes the bad things that happen in our lives put us directly on the path to the best things that will ever happen to us”❤️

Fuk BTC magazine....
It needs XCP the other way around.

Never heard of any of this...

"stamps" with a turd left in the sink to boot

Some ppl like the public space n speaking engagements…. Ppl been trying to get me to be “advisor” on projects n attend paid speaking engagements since 2016… but I prefer to focus on building/coding n limit my public exposure…. Being the man behind the curtain is much more rewarding imo.

Adam was talking about how CP fees will be reduced by 75% in the new encoding method

Cool story

I've paid 1 sat per byte. Does it get lower? How does that work

Awesome! By adding taproot support…. Something I wanted to do over a year ago but community didn’t support it….. and also doesn’t resolve the lost dispenser functionality or “fork” issue that ppl are upset about…. But glad ur sharing ur continued support for Adam n his updates that he is deciding to put in “for the community” without community discussions🤷🏻‍♂️

That’s the trouble with the benevolent dictator model… if you’re not benevolent then you’re just a dictator🤷🏻‍♂️

75% less bytes i guess

It gets cheaper because you’re able to stuff data into the taproot witness area at a cheaper rate than you can do by stuffing data into multsig… that’s why there’s such a huge price difference between stamps and ordinals….

It’s too bad Bitcoin stamps has their entire premise on the “unpruneable” model…. Won’t be able to take advantage of the cheaper encoding method when creating bitcoin stamps, and will be forced to continue using the much more expensive and abusive multisig encoding🤷🏻‍♂️

Stamps are trailer park ordinals?

Grifters don’t care about the abuse.

Like low income housing and Micheal in outer space is the slum lord

It’s up to the individual to decide their opinion on stamps versus ordinals

There is no doubt that with ordinals you can encode much larger files for much much cheaper than you can with Bitcoin stamps. This is why Bitcoin stamps are typically very very small images…. Although some cool innovations are born out of necessity and the small file size has forced some cool encoding methods and innovation…. It definitely boxes in Bitcoin stamps to always being small file size and high encoding cost.

Ok, i don't think my analogy works then

Niche, we know the dorks love it

Also, Bitcoin stamps encodes all data into the UTXO set which permanently increases the UTXO set…. Thereby making it more difficult to run a bitcoin node as it requires more memory to keep those UTXO’s available on a Bitcoin node…. For this reason, I and many others feel that Bitcoin stamps are abusive to Bitcoin and further force the centralization of Bitcoin, by making it more difficult to run Bitcoin nodes on lesser hardware like raspberry pi, etc.

I’ve said for quite a while that Bitcoin stamps cannot scale, and if it ever does start to go mainstream and become popular, the Bitcoin core developers will very quickly figure out a way to get around the UTXO set/memory problem…. (which Luke jr said two years ago he already had a solution for, and was just holding off on implementing it until the timing was right)… at which point it will be proven that the “unpruneable” argument was a stupid one. As to whether the data is encoded in taproot witness data or in UTXO’s it is still always available on a full archival node…. Which is almost every Bitcoin node.

This is why I’m content to just sit back and let things play out long-term for Bitcoin stamps … time will tell the true story🤷🏻‍♂️😜

Could bitcoin decide to forget about them sometime in the future?

Blockchain bloat used to be a concern from many who now contribute the most bloat

If so are the chances of it happening low or middling?

I will say when Bitcoin stamps first came out. I was very supportive of it, and built a site to showcase all the Bitcoin stamps that existed… and tried to help mike understand that he should support named Bitcoin stamps instead of just numerics… I even wrote a CIP for the “stamps encoding method”…. At the time he resisted. Although now years later, it seems that Named stamps are allowed into bitcoin stamps project.

The primary reason why I stepped away from bitcoin stamps was when they started enabling keyburn…. Previously users were able to create bitcoin stamps, write the data to UTXO set, and then do the responsible thing in the future of collecting the dust that was written to the UTXO set…. This was responsible Bitcoin behavior, which is the same thing that counterparty has done since 2014.

Where they lost me was when they started forcing users to enable keyburn, which permanently locks the UTO by burning the key associated with the UTXO’s….. as a result, they are permanently bloating the UTXO set, using the argument that it is “unpruneable”….

As I said , time, will tell the true story on this one… and if the unpruneable argument holds value over the long-term. 👍🏻

Hey,

Indeed from what you say you’re right every archive nodes store all utxo set and more every transactions are stored.

Moreover, the bloating utxo I don’t get why is it a real issue because block size are limited… so the size is increasing linearly

Maybe for pruned nodes it can be an issue but…. I don’t feel that it is today. We can prune 7 days and most of stamps won’t be stored

Thank you very much for this explanation I never understood the tech behind stamps and here it’s a bit more clear. I’ll need to read it again to integrate but it’s very interesting!

Exactly a pruned node is, by definition, pruned. The claim has always been about full nodes.

What the difference for a full node? They store EVERYTHING (more or less regarding the config but let’s assume coinindex and txindex for example).

So I still don’t really get why it’s a problem for them. The clarification with keyburning is helping to understand better but I still don’t see it as a big problem thanks to Block size limitation

If anything Stamps keep blocks small because they don’t utilize witness data. You’ll never have a 4MB block filled with Stamps. It would max-out at 1 MB.

https://studio.glassnode.com/dashboards/btc-utxo-set

You can see the rapid growth of UTXO’s in the past couple years , and draw your own conclusions👍🏻

They keep the blocks small (where the data is easily written to a disc, and never really access) by exploding the UTXO set (which requires additional memory on Bitcoin core nodes, as the UTXO set is used when generating transactions)

We can agree to disagree Mike on if Bitcoin stamps are a net positive for bitcoin or a negative….

The only thing I think we will agree on is that they pay a high miner fee to encode their data, which is good for supporting the Bitcoin network miners. 👍🏻

There has never been a Counterparty "dust" cleanup despite more than 10 BTC worth of dust trapped in outputs over the years (prior to stamps). Until Counterparty actually enables cleaning up all that dust, there is no "high-ground" they've taken over Stamps. Stamps simply uses the Counterparty protocol. Valid Counterparty txns. Valid Bitcoin txns. Counterparty (apart from Stamps) still utilizes outputs and grows the UTXO set all on its own

Once again, Mike, you are incorrect and not aware of the history of counterparty as much as you think you are.

http://redeem.bitwatch.co/

This and other tools to collect dust from multisig transactions generated by counterparty have been around for many many years .

There is nothing integrated on a protocol level to handle collecting BTC from these multi outputs, but methods to collect this dust have existed for many years, and continue to be used by counterparty users to collect dust

blah blah blah all we hear is "protect the grift at any cost"

LOL

💰 XCP Cobweb DeDuster 💰

Check your counterparty addresses to see if you have a hidden yet redeemable unspent multisig dust balance!

http://lopbicp5dgkifkpx2x3nnl76sn724swgkh5cevg3at7u4osibwbdtaad.onion

Multisig dust is created when issuing XCP assets with long descriptions or when making broadcasts with long memos. 

If you make these types of transactions often the dust can soon build up.

This tool creates an unsigned pay-to-self redeem transaction and generates the bitcoin-cli command used to sign the transaction with your private key.

Don't delay reclaim your satoshis today!

💰 🤑 💰 🤑 💰

Cool 1% of users are capable of even using this.

So you’re moving the goal post from tools have never existed to. This service is not active. Therefore you’re right?

Above is an example of yet another tool that a user in the counterparty community created to handle redeeming dust …. I’m not sure if this tool is active still or not, and it only worked on Tor.

However, the argument you made was that these tools did not exist, and I refuted that by simply providing links to two tools that have existed🤷🏻‍♂️🤣

Fair enough. A tool exists.

Once again you’re moving, the goal posts from tools have never existed to only technical users can do this. 🤷🏻‍♂️🤣

Why is it behind Tor?

But you don’t have to worry about your users, using this tool and being able to redeem bitcoin that might be worth thousands of dollars in the future, as your project forced users to use keyburn…. So your users will never be able to redeem those bitcoin outputs. 👍🏻

Rekt

I believe it was behind tour to provide more anonymity so that users who provide provided their address felt more comfortable that their address and information could not be directly tied to an IP address

There was no "force" its always been optional for art stamps.

That is false… initially users were able to create Bitcoin stamps by simply copying and pasting base 64 data into the description field in FreeWallet and other tools.

Then you forced users to start using keyburn, and the only method that supported keyburn was the private minting tool created by people in the Bitcoin stamps community… yet another act I disagree with, driving users to a centralized minting service by adding complex and unnecessary functionality, like keyburn which normal users were not able to use without paying for using a for-profit minting service…. But that’s an entirely separate argument that we don’t need to get into.🤷🏻‍♂️

Seen as though you are doxxing private conversations

Would I be right

saying

that you don't speak out about 2.0 because you don't want to damage your reputation?

Would i be right to say that?

Can you let me repost that?

Now you are moving the goal posts. Anyone could self-mint with the right know how. Minting services are a convenience

Again Keyburn was never required for art stamps. SRC20 is a different matter.

I think I clarified that most normal users, including myself, were not able to easily do key burn, and all bitcoin stamps for a number of months were minted through the centralized Menting service🤷🏻‍♂️

Most normal users can't reclaim their dust using that onion service

Fair point…. I do seem to recall you stating that you would penalize bitcoin stamps that were not done with keyburn enabled., by putting a note on the website to indicate that they were not pure Bitcoin stamps since they did not have keyburn enabled…. I do not recall you ever forcing people to use keyburn, simply stating that it was the correct way to do things, and at the time the only correct way for normal people to do things was to use the centralized minting service.

I digress, you never “forced” ppl to use keyburn, just pushed most ppl towards the centralized minting service that supported keyburn👍🏻

Yes, there was some degree of social pressure.

Fortunately we were able to do away with keyburn entirely with OLGA Stamps. Made them much more efficient too and dropped the required SigOps.

Agreed… just sucks for those people that did use key burn as in the future, that dust is gonna become very valuable, and I’m sure people would’ve liked the option to collect that dust and use that bitcoin in future transactions. 👍🏻

I would say the output value is entwined with the art. Makes the art more valuable.

It's like burning Bitcoin to forge XCP

Can't get the Bitcoin back

With the current state of bitcoin, that is a fair viewpoint.

We will see as time goes on if the “unpruneable” argument holds value👍🏻

True, however, at least with burning Bitcoin for XCP, it was very clear that you were permanently destroying the Bitcoin.

Whereas with bitcoin stamps, I think most people were under the misconception that they were paying a high fee, which would go to the Bitcoin miners, and that that bitcoin would still be usable in the Bitcoin ecosystem…. Versus being forever, locked up and associated with their stamp.

I know some people hate the Unpruneable thing, and maybe its a fair criticism. I see it as the unique differentiator for Stamps. If Stamps were just stored in Witness data, they'd have no reason to even exist from a narrative perspective

As I like to say: engineering is downstream from memetics. You gotta get the meme right first. All the engineering in the world doesn't matter otherwise

We can agree that it did give the project a unique narrative…. However, I am of the belief that we would’ve been better served by adding support for taproot and being able to directly compete with or knows on both file size and costs….. the long history of counterparty, and the fact that it still has lots more functionality than ordinals does, could’ve very easily boosted counterparty much higher than it has been boosted by holding onto the Bitcoin stamp “unpruneable” argument.

But that is just my viewpoint, you obviously have a different view👍🏻

Taproot would be great but I'm not sure how Stamps did anything to prevent Taproot support

I come from the engineering side of things…. You come from the memetic side of things….. which I think is why we quite often disagree and butt heads👍🏻

I'm not an engineer. I can't even code. I can only do what I can do. Which is mainly shitpost and try and construct narratives that I think will have product/market fit.

there is no assertion that Bitcoin stamps stopped taproot adoption….. adding support for taproot was floated to the community a few times, but there was not enough community consensus to push forward with that encoding mechanism…. That decision was entirely independent of anything having to do with bitcoin stamps.

Who or why would anyone be against Taproot support? What was the objection?

From an engineering perspective, I think your Bitcoin stamps was a shitshow…. But there is no arguing that there was indeed some value pushing the unpruneable narrative… even if I disagree with it👍🏻

No Stamps ---> No Stamped Ninja ---> No Counterparty Classic Fork ---> LOL... Mike's fault again

The buyers of stamps and Src-20 don't receive anything unprunable, as the "unprunable" part is the original tx, not the make believe after market, and alot of stamps/tx can be pruned, but nice marketing

No stamps no numeric sub assets 😂😂😂

Bruh, its all marketing. Most Ordinals collectors think the art "moves" onchain. ETH NFT collectors don't know they own a pointer. This industry is built on misunderstanding how things work

I don’t recall exactly… Most of my focus was on trying to keep XChain up and dealing with the stamps drama at the time…. I also believe that some of the reasoning behind not supporting it had to do with your unpruneable argument….. and the fear that some counterparty data could be pruned if it was written to taproot witness data…. Which is a silly argument because op_return can already be pruned…. And yet counterparty has operated op_returns for many years without any problems.

I don't recall this argument, and if someone made it, I'd say they're being stupid and that's a dumb reason not to implement

To be clear, I’m not saying all of this is your fault at all… simply highlighting history and how I wish some things could’ve been done differently

The current fork was caused by a new version of software released, which did not work as it was designed , resulting in a ledger fork…. None of which was directly related to you or Bitcoin stamps.

Yh I did believe things were enscibbed on a satoshi at one point, and that the sat was amongst others sats, and could be isolated and viewed, but people now say sats don't exist lol

No its a meme. Stamps have been made about it. When all else fails: Blame Mike

btw, to a lot of people out there, I'm the guy who created Rare Pepe. I was even asked to appear in a documentary at one point. Both Beeple and Matt Furie follow me based on a misunderstanding.

https://x.com/MIAM231980/status/1852702673511870917

Got it… and I can relate… as the current narrative is when all else fails. Blame J-Dog.🤷🏻‍♂️😜

Good meme

I knew it! U are Mike🤷🏻‍♂️🤣

Jk bro😜

Cool to know RarePepe is a stamp

Over the years so many people are shocked to find out I'm not Mike

I should've did the documentary tho. I usually come clean

Love this meme by the way…. Domino effect…. Mike experiments…. Something something something, civil war🤷🏻‍♂️🤣

to be honest, I think there’s more “Mikes” in counterparty than there are in other projects…. I’m kind of glad my name is not Mike 😜

If you ever do a film…. Do me the honor of referring to me as “ that horse-headed fuck J-Dog” 🤷🏻‍♂️🤣

XCHAINLEGEND

Unearned wealth will rek you eventually

Do what? Stamps can still be made today as they always have (base64 in description). Keyburn/OLGA are optional enhancements

Minting services are a convenience. Don’t use them if you don’t want to

Sounds like something a poor person would say

https://x.com/jdogresorg/status/1853198531567218818

Money is debt, family is wealth

I'm very wealthy

Poor choice of words when people in the community are upset and saying things like the neighborhood is getting gentrified in regards to counterparty users… not everyone has been here for a long time and been able to appreciate the increase in Bitcoin price like many of us who have been here for a long time…. IMO we should always remember our roots n strive to keep the platform usable by newcomers n old timers. #stayhumble

Sounds like something a guilty conscious would say

People gonna call me a grifter I’ll call them poor. Fair game

Translation, i use my status to make shit up and collect money

That's Mr. Poor to you

Translation: if knew i wouldn't be excommunicated from counterparty, I'd totally claim to be the creator of RAREPEPE

Poverty is a Mentality.
Lord...

Wut? lol… I didn’t do identity theft… but you’ve figured out it’s a malevolent reason I didn’t do it

https://www.youtube.com/watch?v=0fH-t2aF9hk

Loud