coinbase supports over 100 shitcoin chains natively but had to outsource their lightning implementation
you might think this is because coinbase is retarded but actually it's because lightning is retarded
sadly this isn't twitter so I can't disable comments, my body is ready for your hate, let it flow through you directly to my chan_status_borked
why is it retarded?
it can't be self-hosted
it's banker type shit, not properly decentralized
It's a giant armory stocked exclusively with footguns. You either put 9 holes through your shoes learning to self-host or you just LARP with a custodial wallet.
I'm running lnd testnet on my server and so far no problems. Also setting up lightning through Zeus wallet is pretty easy. And Phoenix Wallet manages the hard part themselves.
I think Lightning is great for instant payments. I don't know if merchants are willing to take unconfirmed on-chain transactions. Depends on the fee. But they won't see the fee.
you're right! i'm totally with you 🫂
can you explain your point of view?
also, what's the alternative in your opinion?
ps: I can't hate you cos I don't believe in truth, only different perspectives.
Idk about utxo's opinion but we should be using actual proof of work cryptocurrencies. Bitcoin, doggie coin, Monero, etc.
Not lightning, which uses "self hosting" as a euphemism for using a server you control instead of literally self hosting
Could you please explain further why you think lightning is retarded? Too complex? Everyone can’t have a channel?
Idk if utxo will explain but I keep saying this, it can't be self hosted. Lightning is one of those things that uses "self hosting" as a euphemism for "using a server you control." It's not an actual p2p proof of work cryptocurrency like bitcoin
ask anyone who has tried to run an ln node how much sats they lost learning it, especially non-techies
Yeah, I ran an LND node on Umbrel for the whole period where Phoenix left the USA. Not fun. I didn’t lose any sats but it was a pain in the ass, and not worth it imo. As soon as Phoenix came back I went back to that and I’ll probably eventually switch to Ark. The Arkade.money PWA wallet seems cool so far but too early for a daily driver.
It may be retarded but its OUR retard.
yes
Not mine. I like Bitcoin and doggie coin and Monero, which aren't retarded
monero is super retarded, if it actually had users nobody would be able to run a node, they waste way too much space trying to preserve privacy
that’s the downside of an uncensorable social network! you cannot censor comments you don’t like
lightning is not the best, but it's the best we have.
Lighting has always worked flawlessly for me…
i've been running a node for almost 6 years. i too can say that i've had no issues and works great for me.
i've also helped dozens of people over the years troubleshoot and recover funds from their nodes. literally remoting into people's nodes and recovering their funds for them. this is not sustainable. not everyone has a trusted nerd in their pocket.
i've also helped countless dozens of people get on-boarded to lightning and struggled to give them solid options because they're nerds like you and i. lightning is hard for most people.
🫡
Lightning doesn’t have to be hard lol
Zeus already fixed the issue
the node in the phone is great, but it still presents challenges for normies.
Nah it was a challenge to have to pay to open a channel
Ecash fixed that
The challenging part no longer exists
ecash is nowhere near normie friendly.
if lightning via zeus and ecash were easy, why don't we have 1M+ nodes right now?
there is still way too much friction.
Education
People are not yet aware
The friction has been removed
No more friction
That’s gone
there might not be friction for you, but there friction for non-technical people.
I guess
But it seems like all u gotta do is download an app
lol
Anyone with a smartphone is capable of that lol
which is why i say it's great! it is great that this technology exists. but it's just not roll your face across the phone easy to do yet. it doesn't work 100% of the time without issues yet. it's great, but still has a lot of room for improvement.
I've lost so many sats to force closed channels on node in the phone apps that it seems like a scam.
When they force close a channel the days go to your on-chain shit
As long as you have your seed your good lol
The sats*
Opening channels isn't free. You open them only for them to force closed again. No support or accountability from the people making the apps. Literally a scam 🤷♂️
Nah I disagree 💯
Your opinion means nothing to me in the face of my own experience, thanks 👍
we know it's not a scam, but we also know that normies will think it is because of these things :(
I would definitely never recommend those services to a friend looking into Bitcoin. On-chain is fine, but lightning has so many caveats and problems I wouldn't risk it.
Your uninformed and uneducated on the topic apparently
Maybe you tried it like a year or 2 ago lol
But it’s different now
Anyways I’m done letting you ruin my morning
Bye
I thought you were blocking me. If someone disagreeing with you is so offensive, I recommend you do.
it's custodial, but Strike or CashApp are great for Lightning.
💯
I've got a couple friends into Bitcoin. For their purposes, saving, lightning isn't really necessary, on chain is all they need. Hopefully it gets better with time.
All this talk about LN makes me remember the old days when OGs viewed Monero as the silver to Bitcoins gold!! If you plot ahead it really makes more sense to use Monero by the masses since they won’t be able to easily acquire Bitcoin post collapse
Unfortunately neither of those are available for me in Canada.
Zeus's built in node is quite a nice balance for sovereignty and convenience.
Blixt too.
Full LND only gives some marginal additional utility, but set up is quite easy these days particularly with Olympus as an LSP. You can get as in the weeds as you want or keep it simple.
Nah its self custody
And extremely easy
Phoenix or Zeus
Shilling kyc shit is trash
Or Minibits
Or npub.cash
It’s normie friendly
I’ve seen 12 year olds do it no prob.
minibits and npub.cash are not self custody :)
phoenix is actually fairly easy, i wil give you that.
coinos, rizful, albyhub... lots of options, none without caveats
that seems to be a recurring theme with lightning: choose your caveat.
I think one of the most damaging things in the Bitcoin space is wilful ignorance of how bad some of the tools actually are. Toxic positivity can be just as bad as the negative version. If you can't admit your problems, they never get fixed.
Cash app is my goto custodial choice, I like that when I spend dollars through it I have it rounding to the nearest dollar and that difference is automatically turned to sats for me.
If you buy via bitkey>cashapp no fees, no spread through December
Third party custody is not great
Absolutely based
+1 on this. I would have more sats now if the narrative was “use a custodial wallet” rather than “you need to run an ln node or you’re not a real one”. Such bullshit
and yet people say there's no friction and the friction is gone...
the fact still remains. node in the phone is great, but it's only great for people that aren't able to run node in the computer. and even then, that's still not great for the vast majority of people.
no, it's just useless
Bitcoin, Monero, doggie coin, gold, and silver are the best we have
Somehow i still love it though despite the pain. Im in an abusive relationship with multiple lightning nodes though 😂
No. It was a calculated move by Conbase with Lightspark. And is a long shot plan as it was from the beginning with Conbase.
Remember that Conbase started as bitcoin only exchange long time ago.
Lightspark is the 2nd phase of taking over the control of bitcoin users.
Do not underestimate WHO is behind all this move: the Marcus family.
(((JEWS)))
Of course. Yet again. Everytime.
Jew hater spotted
Marcus is a piece of shit like a lot of Christian and Muslims. Bryan Armstrong is way worse but you don’t say anything about his religion
Blaming the Jews is a lazy cop out and bitcoiners need to do better
Saved me from: celcius,blockfi, grayscale, FTX, inscriptions (Udi) facebook, google, oracle, pornhub……
Here is another pro tip. Thank me later
Will repeat myself again.
Blaming Jews for all the world’s problems is a lazy cop out and bitcoiners need to do better. We should hold ourselves to a higher standard
Cope harder and go fuck yourself if you can’t get past your Jew hate and continue to post this Jew hating bullshit
There's a lot of confusion and misinformation about Lightning floating around ... please educate yourself: https://docs.megalithic.me/the-lightning-network/the-lightning-proposal
I disagree
Lightning was retarded a few years ago 
But now with things like Zeus, ecash, phoenix, and Nostr….
It’s no longer retarded.
It’s easy and badass.
The clowns running coinbase are just clowns
ecash is a centralized custodial IOU altcoin rug factory with the B logo drawn on it in crayon. it's not bitcoin. you are promoting an affinity scam.
and if you think zeus is easy you might have autism
https://blossom.primal.net/3bb03fc36d82952307a2c8c4c5583d7edd43f4f0edd091d1649f5d9d55a69e8a.mp4
It our best retarded think😉💪
"Give me the third best technology. The second best won't be ready in time. The best will never be ready."
-Robert Watson-Watt
$CONI you’re welcome
its silly if you run a node and do channel management. Ive lost a bunch of umbrel and mynode back in the day, trustodial lightning is an excellent experience. I learned the lessons #reckless a few times and should have listened to the disclaimer.
Why can’t they both be retarded?
Writes a post about lightning being retarded and receives sats for writing said post using lightning. This is a marketing genius at work.
