The below is an off-site archive of all tweets posted by @lopp ever

February 29th, 2016

@flyosity Save that one for her high school virtual reality hall of memories.

via Twitter Web Client in reply to flyosity

@_vjy Sure - but a lot of user frustration is due to the threshold for “spam” constantly changing and wallets not handling it gracefully.

via Twitter Web Client in reply to _vjy

@GreggDourgarian @ryanxcharles DoS attacker can’t run it forever - the resources aren’t free. They just angered node operators.

via Twitter Web Client in reply to GreggDourgarian

The denial of service attack against Classic nodes over the weekend appears to have backfired. pic.twitter.com/jBPYWFZbLc

via Twitter Web Client

@bergalex Eh? I don’t recall anyone claiming that it would be smooth sailing through new economic waters.

via Twitter Web Client in reply to bergalex

@SouperNerd Hm, I’m not sure there has historically ever been a fee market such as this… but I’m not an economist.

via Twitter Web Client in reply to SouperNerd

BitGo Experiencing stuck bitcoin transactions? Don’t know why? Read @lopp’s excellent post on the subject: blog.bitgo.com/avoiding-stuckā€¦

via Twitter Web Client (retweeted on 3:05 PM, Feb 29th, 2016 via Twitter Web Client)

@WhalePanda @SouperNerd Onus is on the wallet devs to fix their software.

via Twitter Web Client in reply to lopp

@WhalePanda @SouperNerd Yes, I’ve been saying that for months. But there’s no way to simply alert every Bitcoin user.

via Twitter Web Client in reply to WhalePanda

@WhalePanda @SouperNerd Users with wallets that set default fee as 0.0001 BTC are SOL; it’s not necessarily “spam.”

via Twitter Web Client in reply to WhalePanda

@MrHodl @SouperNerd I don’t think it’s users being miserly so much as wallets not handling the fee market more gracefully.

via Twitter Web Client in reply to MrHodl

Signs of fee market frustration on /r/bitcoin pic.twitter.com/c7CSqWdYGf

via Twitter Web Client

@kristovatlas Well, you know with whom you can take up that concern!

via Twitter Web Client in reply to kristovatlas

@kristovatlas Indeed; it’s supposed to encourage people to think!

via Twitter Web Client in reply to kristovatlas

@fluffyponyza It’s one of the most common “reasons LN will fail” responses I got yesterday after my LN article.

via Twitter Web Client in reply to fluffyponyza

If you think the Lightning Network is doomed because all routing nodes will need AML/KYC, you’re not cypherpunking hard enough.

via Twitter Web Client

@netkn0t “should” according to the market perspective - if we build systems with lower costs & fees, hopefully will incentivize adoption.

via Twitter Web Client in reply to netkn0t

Happy Leap Day!
Mempool size is 28MB
Avg fee is 14 satoshis / byte
Recommended fee is 40 satoshis / byte
Seeing 5+ tx/s - mempool is growing

via Twitter Web Client

@netkn0t It’s not always good or bad, I’m just saying people have become conditioned to paying fees as percentages of value transmitted.

via Twitter Web Client in reply to lopp

@netkn0t The fee to send value should be connected to the cost to send value. Which it is in Bitcoin, but not in traditional networks.

via Twitter Web Client in reply to netkn0t