StacieHooperIR7

conspiracy

Not something we plan to do if at all anytime soon—I literally just came up with this—, but still curious what stackers think about https://stacker.news/items/719998?commentId=720155:

> This makes me wonder if stackers would be interested in a "zen mode" where you opt-out of rewards and ranking and every zap goes 100% to the recipient instead of our 30% fee for rewards and to make ranking sybil-resistant. The zaps would still influence your own feed but not have any effect on the feed of other stackers.
>
> This might mess quite a lot with other code though. For eample, maybe the sats from such zaps should also not be shown to others stackers but only to you.

This is basically a proxy question for how much you like rewards as a part of SN.

_/cc @Natalia, iirc you've been arguing in favor of a part of this: removing the leaderboard (if you're fine with only removing it for yourself and yourself from it)_

My personal opinion is that rewards are a big part of SN's DNA and what distinguishes it from nostr social media clients as I mentioned in the parent reply:

>> People should only just zap and comment on what they think is good quality content that they relate to.
>
> I agree. But imo rewards are what distinguishes SN from nostr and why there’s more broad zapping here than on nostr in my experience. This benefits everyone, just not everyone equally as you explained why.
>
> “A rising tide lifts all boats”



Stacker News Zen Mode?

bitcoin

I'm wondering if there are many early adopters who have stopped using the SN wallet? For the record, I have emptied my wallet a few times in the last day or so, and it hasn't been a big adjustment. 

Have You Stopped Using The SN Wallet To Zap and Get Zapped?

econ

TL;DR: It's too expensive and inneficient. 

----

Before going any further, let me clarify some things:

1. I don't think [Ocean is going to win](https://stacker.news/items/333299?commentId=334925) anything filtering transactions.
2. I don't think to put filters is [the right action](https://stacker.news/items/340230/r/softglitter2d?commentId=340388).

Having said that, I begin.

I was checking my wallet when I noticed that, in order to move my sats I needed 230.000 sats. Nothing new for me, but then I checked the block 840.000 and saw people paying almost 2 f****ing bitcoin[^3]. Well, if you have the money, be my guest. But then I recall [the Runes](https://stacker.news/items/507165) that one you guys were talking.

[^3]: Yeah, it's real, [check the transaction](https://mempool.space/es/tx/11b9c94843240d65cd91ed34402017316722d3500914e68bd825d39f5eace81f).

Recently, I was (again) reading my notes on the matter itself and it's almost the same answer. Now:

### Can you prevent people to stop using ordinals/memecoins[^1]? 

No, you can't do anything. 

### Will you run your own node version where there's no ordinal/rune/brc20?

It's like to put a curtain in your house to delete the sun from your view. It doesn't make sense in long terms. Today, Ocean have less than 5% of total hashrates and while I understand their vision, economically it won't work...Say your solution is to put filters today, tomorrow, once your solution is propagated, these degens will find a way to disguise their ordinals in something else. 

### Why people are using these...things that are not useful in the bitcoin L1? 

The answer, my friend, was already given, so [let me rephrase](https://twitter.com/jimmysong/status/1655883199736856577) @jimmysong in this one: the use bitcoin becuase they're spending something that is actually scarce, it will last, plebs can run a node and most important, it won't suddenly change. 

### And why are you sure they won't last?

Maths and market. Having studied the Rune protocol, I see the _efficiency_ of what they want to improve about BRC20. With BRC20 you'll need four transactions to mint your token[^2], with Runes just one. Casey improved the standard but still very expensive..way too much. And it's not suitable for everyone. The fee market dictates how much you're going to pay to put your _trash_ in the next block. Once you pay, it's all you need to do but here's the thing: for how long can you mantain this? My two cents: not for too long. 

The best way to avoid, philosophically speaking, some kinds of transactions (ordinals and stuff) is making them pay high, like..really high. Let the market do the work. Also remember, the shitcoin narrative is not bitcoin but Ethereum and Solana, both layers can do what Runes does but in less than 1 minute and 99.99% cheaper.  

So, that's it. 

[^1]: Did you guys noticed? It's not _shitcoin_ anymore but now it's for fun, therefore memecoins. It's the same  picture.
[^2]: It's really fun to learn these things. Now that I understand what they're trying to build, rest assure they won't last.



Runes are not going to stay because the market will not allow it

Note Screenshots

AdrianVillaPV6

It's not the government is already approving for international banks like they did to their telecom 

culture

Evergreenness vs ephemerality

SherriStevens7ID

Day 120 of snailposting everyday 'til BTC hits $100k.
__@_'-'