Nostr Web Client

Got countless receipts of Ark lying on Twitter, Spark bills itself as non-custodial... Lies. Cashu is privacy larp, privacy implies anonymity set, therefore at scale centralization.

Specifically addressed lightning first mover advantage. Since statechains were there, and went nowhere, it proves lightning isn't a success because it was first.

You're only here on nostr because of things I built. My design with gun and lightning is nostr's prehistory.

Pub/Wallet is a recent sidequest, because lightning tooling sucks too much for me to continue on lightning video.

Lightning doesn't have limitations beyond the physics of the chain, statechains don't fix those, centralizing trust is not an option, statechains are cryptobrained nonsense. There's no such thing as a federation either, it's all a central point of failure, you're brainwashed by crypto marketing material.

Unilateral exit is a hoax, if users could afford it they could just open a channel, these systems appeal to users with dust.

Nothing changes the physics of the chain, only lightning embraces that reality. If you think you can improve upon it without trust and centralization you're delulu and should go work for an ETH company.

Basanta Goswami 3w ago

Why do you lie so much and what do you get out of it?

Almost none of the things you said here are true and you know it. Ark (Ark Labs? Second?) lied countless times on Twitter, where?

"Privacy implies anonymity set, therefore at scale centralization".. wut?

Lightning is a success because we needed to scale number of payments first, users weren't there yet, now with more people coming into Bitcoin, we need to find ways to scale the number of users as well. I'll keep repeating this thing for the nth time for anyone reading this, lightning can't scale how many people can use Bitcoin because of the blockspace constraints

What the fuck is "physics of the chain"?

There is no such thing as a federation? So one is two and two is three? A handjob is a threesome and a threesome is a gangbang in your books? What the fuck are you even talking about?

I'm not on nostr because of your work either dude. You work is not that important. I have seen the evolution of nostr first hand since the beginning, it was mostly an evolution of the Secure Scuttlebutt idea

"If you think you can improve upon it without trust and centralization"... I don't. I know it's not possible. What's why people are trying to build these systems with different trust models. What do you propose people do? Reduce the world population to a few hundred millions so everyone can use lightning?

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Discussion

Justin (shocknet) 3w ago 💬 2

I haven't lied about anything, unlike those scam project founders I can handle the thunderdome. You on the other hand are intentionally obtuse.

Ark Labs specifically on the lies, but Second is flirting with much of the same with their lightning affinity positioning. Ark Labs is already pivoting to defi, because they can't back up their bullshit.

> Wut

You know what anonymity set is? No? Then sit down.

> Lightning how many people can use Bitcoin

First not retarded thing you've said, that's true.

> Because of block space

Now you've undone it, it has nothing to do with block space... Only supply distribution.

> Federation

You know what a SPOF is? No?

> Nostr

Only exists because of GUN and ShockWallet v1

> Different trust models

Centralization if trust is all one model.

Basanta Goswami 3w ago

You have opened my eyes Justin. I can now see the truth as clearly as the investors in your company can see their ROI. I'll go back to building now, hopefully can get a job at an ETH company to save up some money to commit a genocide later and bring down the world population to a lightning friendly number

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 3w ago 💬 2

This is why I'm going to build a shitcoin, designed to avoid the flaws of bitcoin. CPU only pow, lockups for mining. Sybil mitigation for miner addresses. Ossification friendly slow block size limit, schnorr sigs and hashed out points. Smooth, fixed point supply decrease, 128 bit denomination. Same fixed supply. Possible also to bootstrap from one node. Full mempool filtering policy on the reference. No op return. No witnesses, schnorr makes that irrelevant. Bare minimal scripts and tight defaults without soft fork possibility. No easy hardfork possibility. Web of trust in the block and tx propagation.

Basanta Goswami 3w ago

I'm interested in new shitcoin designs. So far these three have caught my eyes

Prime: https://github.com/LNP-BP/layer1

9th proof: https://github.com/adambor/The9thProofOfFolding

zkcoins: https://gist.github.com/RobinLinus/d036511015caea5a28514259a1bab119

If humanity moves to another planet it'll be a new chain anyway, even if using the Bitcoin implementation, so it's better to have some new designs ready :D

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 3w ago

https://git.mleku.dev/mleku/jericho this is my first draft. Needs more work yet. I'm planning to build it with Nostr as part of its standard protocol as the default inter-node connection protocol so home noderunners can seamlessly be inbound reachable, and for VPS hosted, a relay will be standard part of the reference implementation.

Most likely it will be simplified a bit, Claude is prone to wacky side tracks that often need to be pruned.