The damus lightning node made $116 from routing $18,194 worth of payments this year. We also made $21,000 from lightning purple subscriptions, which helped paid a portion of daniel's salary (our only part-time employee).

It aint much, but it's a start. With purple, HRF, and OpenSats, Damus has been able to build out slowly without VC funds. Hopefully we can keep this up. I thought this was going to be our last year but the LTS funds kept the dream alive a little longer.

Clients have got a *lot* better, but we're still insanely early. nostr is going to continue to get better and better. People will continue getting deplatformed on bluesky, activitypub and the big tech silos. We are one of the few lines of defense against internet censorship and government tyranny, and the first large scale experiment that enables true value for value transfer between sovereign individuals online.

This movement is just beginning, and ya'll are on the front line.

️Looking forward to spending another year with you psychos 🫡

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Keep up the great work! 🫂🙏

Well done William, this is super cool. I’m glad to be a part of this and looking forward to how Damus develops 🤘🏼

Thanks for your work. Y’all have built a great product so far.

zaps saved the internet

Congrats, but I really have to ask.

How did you make $116 from routing $18,194 dollars?

My node routed 2 bitcoins worth and barely made $30 🤣 what kind of fees do you have on your node.

Actually I’m close to 4 bitcoins worth now.

If I had to guess, it's due to zaps typically being microtransactions. This makes even very low fees represent a much higher fee percentage than a more typical routing node that usually routes much larger payments.

His figures work out to only about 0.6%, which would be insanely high for large LN transactions, but makes sense when you're talking about extremely small amounts of sats being sent back and forth.

Maybe. Still the math doest work from what I’ve seen.

I do proportional fee with zero basefee. I would have to check what exactly i have it set to

Impressive honestly.

I should probably reply my sats more effectively also.

🫡

Run it back in 2025!!

🫡

Grateful for your contributions to the protocol! 🫡

Onward🫡

Nostr’s economic incentives concern me, as RSS failed due to the same reason.

I don’t want you to have a last year…

nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s I guess like most businesses, there will likely be early struggles to drive revenue.

thank you for all that you do

True pioneer

When I try to upload a video it doesn’t let me and it says “Error: no plist detected.” What does this mean?

Congratulations 🎉Freedom is priceless

Your work is beyond appreciated, brotha. Merry Christmas to you and nostr:npub1h50pnxqw9jg7dhr906fvy4mze2yzawf895jhnc3p7qmljdugm6gsrurqev You are building something truly special.

Wow! Thank you 🙏 🫡

Keep goin..

appreciate all you do…

PV FROM TZ 🇹🇿

🫂🫡

It's very smart to scale out slowly as your revenues allow.

Kudos for not taking reckless shortcuts to scale.

YESTR

Test

K

Thanks for sharing these stats 🙌

psychos r in a bullrun, i think, also/*

If you really have no VC money, it's great that your revenue is hitting serious numbers to support your work.

The hardest-hitting part of your post is right in the beginning though. Lightning sucks. $116 for $18,194 means more than half a percent in fees... That's insanely high for not even being actual on-chain transactions. Might be even higher than it would be with an actual mining rig collecting fees for on-chain doggie coin or Monero tips

It’s not that high and lightning is getting better every year. Rome wasn’t built in a day.

It’s 3% on credit cards and places like Costco don’t accept Mastercard.

It's insanely high and lightning has only gotten worse so far. Ease up on the false hope

Successful payments % have improved with time. Even bitcoin wasn’t perfect when it started.

Bitcoin was good when it started and got better

Lightning is a bad idea for bad people with no way to get better since the people involved made it bad on purpose based on being bad people in the first place

Increasing transaction success rate does not make credit cards a reasonable bar for transaction fees to beat when you're not even doing on-chain transactions

What is a bad person?

Me, you, Michael Saylor, etc

Pretty much everyone

Digit is a good person

I’m not being sarcastic, who is digit?

The only definite answer I can give for a good person I've encountered. She had so much less toxicity in her than me and yet she tried as hard as everyone should to fight the inner toxicity - most people only do that if they're at least as toxic as me, or worse. That's what makes it so hard to escape being a bad person - you're either full of toxic impulses you have to fight to blend in with others, or you're less toxic than others and it's easier to blame the toxic people for problems than to take responsibility for yourself.

I typed and backspaced a lot of answers to this. It's always so hard to answer. I feel like the question is incomplete and it asks for too many answers at once. Who is she to me? What's a good summary of her for a Wikipedia page? And I don't know how many of my other posts about her you've read, so I don't know if I should repeat stuff I've said in other posts or try to expand on it to find what detail you're looking for. And most of all, every time someone asks me who she is, I want to plead with them to ask "who is Digit" on reddit.com/r/wallstreetbets or discord.gg/wallstreetbets or discord.gg/wsbverse to make them remember her and put pressure on the people there for information about whether she's alive

I didn’t have any previous knowledge. I think I understand what you are saying. I’m sorry that they disappeared. They sound like one of the lighthouse people in your life, and it’s sad that they aren’t there right now.

Thank you. I hope she's safe, and I hope the human race she shares the world with has more good people than I say.

New Nostr use case: angel investing via zaps.

Is there a way we could use the Nostr network to publicize projects that are seeking open funding and then create a vehicle that allows people to send larger sums of money over lightning in return for some kind of equity like a Safe or an Option.

I for one would be interested.

You guys work really hard Merry Christmas

thank you for building an amazing product 🫂 keep up the great work 🫡

only 18k ? this seems low

but i dont know how much capital you got locked there

this stats would mean about 10 000 ppm ! fees

10k ppm is really high!

I was going to say even my shiddy node routed almost as much and I've made... About 4000 sats 🤣☠️🪦

well done

i made about 20k sats

Not much capital, i don’t try to optimize my node or anything

i got 140 million sats routed with only about 10 million sats locked in channels

That’s very boozhy statistic you are fancy! I just had a channel closed overlapping lol. After 2024 is closed I’m considering opening some new channels to manage better

i think my node could do even better

but no worries

i am 200k sats in the negative

because of all the channel open and closes !

I’m so negative I’ll never recover from this.

never say never

i think i got a chance

You’re better than me. But I’ll never stop trying.

Good job

Good luck

Thank you

Here's to another year of meeting around the world and partying in backalley clubs 🤝

I second this 🎄🙏⚡️

Small node here with just 10 channels and quite cheap fees. The number is going up and that’s a good thing!

that's about what I make with ln routing, also 😄

Thanks William

thanks for the transparency! looking forward to a great next year developing #notedeck

LFG

bro this is huge imo. onward🫡

You got one more purple subscriber today 💜 Thanks for your work on making nostr great

How can I help? 🙂

We is the signup for subscription?

sorry, meant "where?"

Hacen un gran trabajo Will. Gracias por compartir con Damus tu sueño de un internet más libre. #hispano 💜𓅦

There’s a lot to come, there’s a lot to explore! May the entire our ecosystem with its customers and devs be able to gain even greater breath and momentum, in this final stretch of 2024, to make a 2025 even more incredible and libertarian.

May God be with us. Merry Christmas, Casarin. 🎄

This post made more than your lightning node

lol

I can see how you can be deplatformed from Bluesky at the moment, but how can you be deplatformed from ActivityPub? If you setup and host your own instance of any software, the only limitation is if other instances block yours..?

Setting up and hosting is really hard, even for me. I even tried to build my own to have something minimal, but the protocol is so difficult i gave up. You shouldn’t have to be IT or developer to have freedom.

Freedom should be freely available for everyone

Yeah I agree it’s hard to setup, but I feel like _most_ people don’t use social media considering their freedom of speech, in my opinion, which can be both good and bad imo.

I think Nostr will need something else special to grow. Sats are cool, but in their current form too complicated.