Running your own Bitcoin Core node + Bitcoin Lightning node makes monero obsolete, slow, and expensive with no supply cap.
With turn-key solutions like Start9, you get started the right way right away.
Don't trust the blockchain.
Verify the blockchain.
Sound Money.
Bitcoin
I can send a private Bitcoin Lightning transaction for less than a penny. Average XMR fee works out to a few dollars.
But Monero is for spending. Yes keep saying that lol.
🔥
Love it 🤌🏾
Can you zap me 10 sats? Will repay. A few people said they were unable to zap me. I want to know if vanity domain name is working
The receivers lightning wallet sent the following error:
Could not create invoice.
did you make a typo?
This is weird. Good to know. I am using LnBits with the LNURLP extension.
Here is a invoice. if that works for you, that means the extension for vanity domain is complete bullshit
lnbc100n1pnr2j9lpp5x8mrtlw3fw3vd4shtg4lzt3n9uuzc35gfu07t2fpfz2nfw8h4mdsdq2f38xy6t5wvcqzzsxqrrsssp5nehvk22qgjck8e80ljhdc9a4jw0sd3faxxtae0hn477ms3zl9tpq9qyyssqhyd26hmxtvzppshx5v2ahxmynnxdknzclaefvfys432uttx3z0mhwflcxdtr5vgrmelksemmy9ku8gmdjqsff0shman8myq4am05vkgppwuwfg
failed.
Its showing me thats is a getAlby address...
ah my profile got overwritten with the old one. should be
verita84@wallet.poster.place
nope. Your vanity address is definitely not working.
I recommend getting one through Zeus LN wallet.
Zeus LN lets you use its embedded node too.
Ty. Does this invoice work? Want to narrow it down to extension or lnbits. I was able to zap you fine
lnbc100n1pnr2jlapp5450d2cfhsjyhalaa9edzvrcqvn8ve6av8alcdvt9hhm2xh3yhq3qdq2f38xy6t5wvcqzzsxqrrsssp5kufyfspg9lqeqkhkkdehuqwexy7v9va83rakkzjpt5ksfxru58gs9qyyssqtd6ffrlf7jkyenrtdg09jdu6jfulpuuvy0478w66y9jpps7tvcw4pz2m8lhqksvl8cglrapn9tgysfdaspknpm3jzucuzjkn8hurneqqp3nwlu
nope
Ty. Lightning is fucking trash lol.
It's weird that I don't see any issues on my end.
Lightning isn't trash. But sounds like your implementation is...
Already told you about zeus wallet for example if you care so much about the vanity address.
So does Zeus replace LND or just connects to LND? It's time to ditch LNBITS
check it out, you can connect to your own node or use their embedded node right inside your phone.
You lead me down the right path to figure out what the issue was: Cloudflare SSL needs to not proxy the LND domain.
zeus was not able to connect either. Now it can.
Thank you.
still not working I couldnt zap this
That's because I disabled the extension troubleshooting. Oops. Enabled now.
no go
On your web server, you just use 8080 for lnd right ?
Huh? I just run Start9 with Bitcoin Core, LND and Ride The Lightning. Then do this in Zeus:
You are dead nuts on sir.
To play devils advocate, even if you're saying fees in lightning are low, you have to do liquidity management (opportunity cost) and most people who run lightning nodes lose money doing so. Also, account for the cost (vps or electricity)
I disagree. And now with the emergence of Lightning wallets like Zeus, this is a non-issue.
The cost of running your own node is about $5 per month with the most inefficient hardware. Maybe $4.99 for monero node...
Using a VPS is not running your own node, whether is a Bitcoin node or a Monero node.
You are paying someone else to run it for you.
Trusted third parties are security holes.
Your original argument said nothing about running a monero node. Also where are you getting hardware that costs $5/month
Well my original argument is about running your own Bitcoin node for sovereignty. Even with monero, if you are not running your own node, you are relying on a trusted third party to serve you the blockchain.
I'm not saying I run inefficient hardware. I said thats what it would cost with the most inefficient hardware.
i spent about $240 on my full node rig... it only runs bitcoin right now but it could be running CLN easily... total power consumption is max 35W and probably is running around 12W most of the time
i expect this rig to run my infra for 2 years so that is already at $5/month probably it will run for 5 years and i will have to spend another $120 to upgrade the storage in a couple yeras
thats a fair amount to spend on a full node, maybe slightly over priced but not too bad. Im sure it has more than the necessary specs.
thats very low power consumption, i dont understand how that will cost you 5 bucks a month. I used to run an old IBM Think Center from the year 2000 with 2GB RAM and a Pentium D processor running Bitcoin Core and that was using hundreds of Watts but cost about 5 bucks a month in electricity (in canadian dollars lol).
Either something is wrong or your electricity is very expensive!
no, that was the price of the hardware... the power bill is likely under $1/month - it's a HP Mini G3 35W model, 8gb memory and a 1Tb NVMe drive, with capacity to put a SATA disk in it as well, plus it has 2xUSB-C sockets, it will be great as my node rig, i mean to set up LN channels also, just a few million sats probably, and bounce my own DNS into it
just haven't had the downtime to spend, i expect a few days to get such a setup working properly
once you get started, you will be done in an hour or two. Then maybe another day for the IBD.
i already have the chain, even have a backup of the chain
no, i'm talking about lightning, that will probably take me a few days to get working right, i want to have LNURL as well, i have DNS and a reverse proxy so i figure it should all be possible, just a bit of work to learn
i learned how to use wireguard late last year... so cool to have your own personal VPN, not just VPN but all my devices can talk over this same channel so it really is like a ... virtual, private network... even when my mobile is on 4G it can directly connect to my other devices
I have used tailscale for this in some situations and its free :)
start9 also lets you run tailscale on it
https://github.com/angristan/wireguard-install
i used to wish i could set up SSH tunnels back in the day, but they are so clunky
this installer script is so dead simple you will never want to live without wireguard tunnels ever again
a few more pieces of tooling and IMO this is essential infra gear... especially a simple script to set up an SSH connection that only goes over WG, so you don't get endlessly spammed by SSH login scanners
wireguard is so dead simple i can't begin to reccommend enough to learn how to set it up
it uses much the same cryptography as nostr also, i think it uses faster ChaCha CSPRNG (rather than AES)
I’m not technical at all but I recently looked up the Moneto max supply and saw that it has a 2% inflation rate with no cap, which makes it not suitable for my primary goal of storing value.
Where do you get your data? What happened to proper research?
Monero inflation is 0.8% per year and therefore exactly the same as Bitcoin's. It's supply is slightly smaller than Bitcoin's.
Gold has around 1.5% inflation and is seen as a superior store of value at $20T shitcoin tokens.
This is just flat wrong. Monero inflation is a constant number not a % of supply
Meaning in % terms it is always falling closer and closer to 0%
https://www.moneroinflation.com/inflation
https://www.getmonero.org/resources/moneropedia/tail-emission.html
Whats monero supply capped at?
Technically I understand it’s unlimited. You can stitch reading here with a “no questions, your honour” face. And your point is definitely made.
But if you look at the tail emission and put it in perspective with time maybe you can understand that some people might find it even convenient.
https://www.getmonero.org/resources/moneropedia/tail-emission.html
To each their own.
The same can be said about USD.
I believe the emission of USD or any government coin is arbitrary and definitely not depending on the code that define it.
But you can't say USD issuance is decentralized, predictable, and requires PoW (the actual problems with money printing) Huge difference
Its almost identical to mining precious metals
Thinking Moneros supply is "infinite" also implies you think Monero will be around forever. Meant to disparage but is also a weird compliment.
Average XMR fee is a few dollars? On what planet?
Bruh, have you ever used Monero in your life? It's usually a fraction of a penny to transact.
>lightning makes monero obsolete
if that's true, why don't DNM admins believe a single thing you say?
