Zorbak (@Zorbak_) header
Zorbak (@Zorbak_) profile picture

Bitcoin and defi

Nomad
Joined December 2025
Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)Photo by Zorbak (@Zorbak_)
Any plans to list the upcoming Bitcoin hard fork $ECX? @NeoxaPortal
1
3
254
People lose their minds over casino dice for seed generation… meanwhile most “casino” dice online are just cosplay, and almost no one talks about the real problem: how you roll them. Dice towers are massively under-discussed.
1
117
Bitcoin Core v32.0 is targeted for release in October: - Up to 3x faster initial sync. Block validation now fetches transaction inputs from disk in parallel instead of one at a time - The libevent external dependency is fully removed, continuing Core's push to cut third-party dependencies - Max peer connections raised from 125 to 200 to have more open slots for new nodes to sync from, faster block propagation, and a harder network to eclipse or partition - Mempool-based fee estimation to cut fee overestimation (in progress) - Transaction relay rate limiting is now global instead of per-peer, keeping a node's CPU and memory usage steady when transaction volume spikes - Ships with features from libsecp256k1 0.8.0 with verification up to 11% faster, plus the new Silent Payments module (BIP 352) - PSBTv2 (BIP 370) support, now the default for PSBT-creating RPCs for better coordination of unsigned transactions for multisig and hardware wallet setups - New exportwatchonlywallet command to export a wallet as a watch-only file, no private keys, and restore it on your online node - Core now enables Tor's proof-of-work DDoS defense on the onion service it creates for your node, where the Tor daemon supports it Additional tests, bugfixes, and features included as well. Feature freeze is ~August 20, rc1 ~September 10, final release targeted for ~October 10. (Test the release candidates when they ship!)
80
128
31
695
110,090
The only Coldcards that are not affected by the fiasco are the ones that are still running the original Trezor code on them
73
217
40
2,616
177,691
Zorbak retweeted
Fuck, this is so brutal to watch lol
139
86
41
911
105,537
Replying to @TheGuySwann
It's strange to start the discussion by ignoring all the fork risk like splitting the network and so fourth but here's a few: -Protocol/Ledger neutrality - By moving "Standardness" filters into "Consensus" rules Bitcoin ceases to be a neutral settlement layer and starts looking like a curated platform and this sets a precedent where a 55% majority can decide that your valid transaction is "spam" simply because they dislike the use case -It doesn't actually solve the problem - As Peter Todd demonstrated these filters are easily bypassed as he successfully embedded the entire 6,000-word text of BIP 110 into a single transaction by fragmenting the data across multiple 256-byte PUSHDATA elements and 83-byte OP_RETURNs so this proves the fork doesn't stop data it only increases the transaction fee "tax" for users -Incentivizes Centralizing BlockSpace Market - Capping the public relay at 83 bytes forces high-volume data users to bypass the P2P network and instead pay large mining pools directly via private APIs to include "illegal" non-standard data which creates a private blockspace market that small home-node miners cannot see or profit from -Risk of confiscation / disruption to backwards compatibility - As Gregory Maxwell noted Bitcoin nodes have no "global state" of pre-signed transactions so if a user has a multi-year inheritance plan or a "Vault" emergency exit signed offline that uses a 500-byte script or an OP_IF branch BIP 110 welds that exit shut and since the transaction is now consensus-invalid the funds are effectively confiscated for the duration of the fork -Anti-Scaling (Kills eltoo/ln-symmetry) - BIP 110 explicitly invalidates the Taproot Annex which directly blocks the ln-symmetry upgrade which is the industry's best hope for a Lightning Network that dramatically reduces the need for constant watchtower monitoring and enables simpler multi-party channels -Creates UTXO bloat - BIP 110 incentivizes spammers to hide data inside fake addresses/UTXOs (like multisig-encoded data) and while an OP_RETURN can be ignored by a lean node, a fake UTXO must be tracked by every node forever so BIP 110 intended to "save" nodes but actually creates a more expensive permanent burden on them -Breaks Miniscript & Vaults - Miniscript is the industry standard for writing readable secure smart contracts (used for inheritance, multi-party escrow, timelocked recovery) and relies heavily on OP_IF to branch between conditions so by banning OP_IF in Tapscripts BIP 110 effectively breaks Taproot-based custody setups that represent the direction the entire industry is moving -Lobotomizes BitVM - BitVM is one of very few viable paths to trustless Layer 2 bridges and requires deep "Taproot Trees" (Merkle paths) to verify computation and a 257-byte limit caps the tree depth at roughly 7 levels (128 leaves) when BitVM protocols often require thousands of leaves to function -Loss in fees for miners - If you filter out the highest paying transactions because you don't like their content you are effectively asking miners to take a pay cut which could lower the "hash price" and as block subsidy continues to halve transaction fees become increasingly critical to security -Rushed Timeline / Governance Precedent - BIP 110 activates unconditionally by September 2026 regardless of support with early activation possible at just 55% signaling within a tiny 3-month window and this "emergency" style of governance is a radical departure from Bitcoin's traditional 90%+ consensus model, if rushed "emergency" consensus changes become normalized that governance precedent is permanent even if the technical changes expire
53
93
56
435
255,301
When you run a Bitcoin node, you can prove the 21 million cap yourself. Every block. No trust required. The Zcash Orchard bug, undetected for four years, is a reminder of what you give up when supply verifiability is traded for privacy. @Liquid_BTC shows there is another way. Strong privacy with publicly verifiable supply. blog.blockstream.com/what-th…
3
8
3
48
4,666
The pizzas may have cost 10,000 BTC… but this COLDCARD is free 🍕 We’re giving a COLDCARD Q away for Bitcoin Pizza Day! To enter: • Follow • Repost • Comment your favorite pizza topping🍕 Don't forget our Bitcoin Pizza Day sale is live: 15% off at coinkite.com
453
436
26
654
33,097
The first lending protocol built with Simplicity, live on Liquid testnet. Full demo by @Blockstream DeFi expert @Kozlov_Sergey. youtu.be/vjBszje3glU?si=1vId…
2
1
20
3,696
Post-quantum research for Bitcoin is well underway @blksresearch. Get the full picture, and what we’ve been up to: ⚛️ blockstream.com/quantum
16
49
3
191
47,970
What skeptics of @Strategy miss: Digital Capital ($BTC) outperforms physical capital. Digital Credit ($STRC) outperforms conventional credit. Amplified Bitcoin ($MSTR) outperforms wrapped Bitcoin.
982
1,031
93
11,327
631,384
New on-chain financial products incoming! Trade Bitcoin options. Set limit orders. Bundle trades and sell them for premium. Director of @blksresearch Andrew Poelstra explains how Simplicity's high-assurance smart contracts enable trustless finance on Liquid.
2
8
31
2,027
The logic doesn't logic
11
6
105
4,751
Fix the bottle caps fix the world
This Post is from a suspended account. Learn more
46
111
6
1,337
72,529
This 1967 cartoon explains inflation better than 99% of mainstream economists. Uncle Scrooge was right!
6
67
3
217
14,509
What you get: • ​No Keys. (The bank owns your "decentralized" asset.) • ​30% Flat Tax Today. (And big chances to moon 🚀.) • ​Seizure Risk. • Guaranteed Pain. (It's France, get ready for tax-on-tax-on-tax.).
JUST IN: 🇫🇷 France's third-largest bank to offer Bitcoin and crypto trading starting on Monday 🚀
26
NEW: CEO of $4.5 trillion dollar NVIDIA, Jensen Huang, says that “bitcoin is taking excess energy and storing it as a new currency. You can take it wherever you’d like, transporting it everywhere.”
159
536
79
4,242
297,318