Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
CovfefeAnon's profile
Covfefe Anon
Covfefe Anon
Covfefe Anon
@CovfefeAnon

Tweets

Covfefe Anon

@CovfefeAnon

Not to be confused with 2001 Nobel Peace Prize winner Kofi Annan. 54th Clause of the Magna Carta absolutist. Commentary from an NRx perspective.

Joined July 2017

Tweets

  • © 2021 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019

      BTC works on a proof of work system (PoW). Alice sends BTC to Bob by announcing stating that she's sending x out of her address to an address controlled by Bob and signs this with her private key. To prevent double spends, miners get involved.

      1 reply 0 retweets 0 likes
      Show this thread
    2. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019

      Miners solve a math problem that's one way - a problem that's hard to solve but easy to verify that the solution is correct. If an individual miner wanted to fake a transaction he'd have to solve this problem including his fake transaction faster than the rest of the miners

      1 reply 0 retweets 1 like
      Show this thread
    3. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019

      Miners accept and continue to work on the longest chain so he'd have to keep supplying new blocks until he gets enough of a lead that his chain is the one that everyone is on. One miner can't do this - ever.

      1 reply 0 retweets 0 likes
      Show this thread
    4. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019

      Even if he tried to cooperate with other miners to create a fake blockchain the incentive would be to defect and mine the real blocks because any miner knows that other miners will do this. The incentive to defect is the key bit.

      1 reply 0 retweets 1 like
      Show this thread
    5. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019

      This incentive fails under two circumstances: 1) The coalition controls enough hash power (so can mine blocks fast enough) 2) The coalition can enforce cooperation BOTH OF THESE CONDITIONS are met if the Chinese gvt seized the 71% of hashpower located in China

      1 reply 0 retweets 1 like
      Show this thread
    6. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019

      States exist specifically to solve problems like this Here's the thing though - the Chinese government doesn't want to do this because they'd kill the value of BTC.

      1 reply 0 retweets 1 like
      Show this thread
    7. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019

      "How is that different from any government ignoring property rights?" IT'S NOT! Any government can seize property in its domain and the only practical restraint them is that they kill the value of their property - a gvt that maximizes the PV of their property doesn't do that

      2 replies 0 retweets 1 like
      Show this thread
    8. This Tweet is unavailable.
    9. This Tweet is unavailable.
    10. This Tweet is unavailable.
      Covfefe Anon‏ @CovfefeAnon 12 Sep 2019
      Replying to @QsThree

      "Men are endowed by their creator with inalienable rights" is liberal bullshit. Men are endowed by game theory with alienable rights and they either defend Schelling points around those rights or they lose them. This defense is costly.

      12:31 AM - 12 Sep 2019
      • 1 Like
      • Cocktopus ✈️
      2 replies 0 retweets 1 like
        1. This Tweet is unavailable.
        2. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019
          Replying to @QsThree

          Yeah, it's liberal bullshit - it's certainly not a factual descriptive statement. A proper description of rights is "that which you can expect men to fight over" - that's it Gun owners have rights not because a court granted it but because they own guns and are willing to fight

          1 reply 0 retweets 0 likes
        3. End of conversation
        1. This Tweet is unavailable.
        2. Covfefe Anon‏ @CovfefeAnon 12 Sep 2019
          Replying to @QsThree

          Terminology shift of the word "liberal" but there's a reason the 20th century word came to mean what it did.

          1 reply 0 retweets 0 likes
        3. End of conversation

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2021 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Cookies
        • Ads info