Shitcoin because it’s not Bitcoin.
If you actually want to support the network that you’re using for wealth accumulation then support the entire network and run a Bitcoin + Lightning node and promote others do the same by sharing the benefits of Bitcoin.
Do you want the benefits of wealth accumulation without support it’s decentralization and security?
Because using Monero does that exact thing
It's pretty simple to participate with both supporting BTC.
pardon
"shitcoin because its not Bitcoin" is intellectually lazy.
the "all money returns to one" axiom is just a theory that your confirmation bias happens to prefer. there have always been other "chains."
and telling non-technical people to "just run a LN node" for privacy isn't a solution.
although it is has gotten better, its still more administrative overhead than most people are going to do.
and third, it isn't correct to guilt people about not "supporting decentralization and security" if they use monero.
they're supporting decentralization, security AND privacy.
People aren't going to run a LN node if just some normie off the street. Or if they don't have the time or ability to learn how to do that in order to improve privacy.
They can just get Monero though and achieve it. Pretty sweet.
I just setup a nostr:nprofile1qqsf07zg4hxyccnkdp07fppxmetpfzru3fg6mgzx3nk8r7af8qnjjygpp4mhxue69uhkummn9ekx7mqpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpzpmhxue69uhkummnw3ezumrpdejq52q4x7 LN node last night.
its a great middle ground I think, hosted and custodial (semi-custodial?) but good for just messing around with LN.
people like me who are somewhat technical and want privacy coud just spin up a node, open some channels to receive or send funds and then delete the node.
I'm not technical at all so taking my time learning. Have an alby hub channel was vaporized because Im sure I screwed something up when I went to update it. Having a decent amount of sats disappear isn't reassuring and really amping me up to go again lol
Were you hosting the Alby Hub node yourself? If you don't want to mess with that, we highly recommend Alby "cloud" nodes, which run on their hardware....
Yeah I was hosting. If I'm going to do it I'm going to try and learn how to lol
I'm basically in the same situation
every year I wonder about running my own LN node
and every year I decide "ehhh it's not there yet"
it would be interesting
but I dont have that kind of time.
looking at Rizful I'd say it's the right blend of tradeoffs for me.
I’ve ran a lightning node on raspy for 4 years now, no lost channels, no force closures, no crashes, I have no idea what everyone else is doing; but I run a business full time and do this on the side for fun
It’s not that complicated
I'm always open to learn. Start9 has been in my goal list for a while, other thing keep getting in my way.
My raspberry pi has never been that reliable. Shit always craps out on me.
No clue how, I’m running MyNode software and have for years, do you have it on a UPS?
I think you misunderstood me. My raspberry pi sucks balls. The hardware itself is unreliable. I have never used it to run a bitcoin node for exactly that reason. It craps out on me by freezing up frequently. Could be a quality control issue with a bad board. I have heard mixed results with other raspberry pi users who are half in my boat and half in yourse where they experience no issues.
I did misunderstand. Sorry to hear yours craps out on you, I have 2 pi’s both pi 4’s; one 8gb ram and the other 4gb ram; I run a Haven relay, Pi-hole, Cloudflared, private VPN, Bitcoin core, LND, Bitcoin Explorer, Electrum, and Mempool. All stay online for weeks sometimes months at a time.
I'm going to take a look later
With nostr:npub1jluy3twvf338v6zlujzzdhjkzjy8ezj34ksydr8vw8a6jwp89ygshpp2kq you get your own Lightning Node, but it's hosted in the cloud on our servers. So the technical burden is a lot less - but you still get to open and close channels at-will.
How does that impact a privacy standpoint
Good question. For nostr:npub1jluy3twvf338v6zlujzzdhjkzjy8ezj34ksydr8vw8a6jwp89ygshpp2kq nodes, you can totally use a "burner" email address, and a VPN, so we (or anyone else) would have no feasible way to connect your real-life identity with your node. And we've engineered what I believe is the first "disposable node" setup, where you can start a node, open channel(s), send sats around, and then fully delete the node a few minutes later. (Note: We have safety code which won't let you delete the node if you still have sats or open channels!)
Also, Lightning itself, when used correctly, can be very, very private: https://docs.megalithic.me/the-lightning-network/how-private
Cool thanks I'll take a look. You still put a caveat in there though of 'when used correctly' this is where Monero comes in with privacy by default and it's more difficult to screw yourself over
This looks like it will be a good read. Thank you
Sorry that was meant for nostr:nprofile1qqsxr0mepvsfftasxj2uncfk4nmpt0s0enpvh9d44na47mxwlcvtqcspzemhxue69uhhyetvv9ujumn0wvh8xmmrd9skcqg5waehxw309aex2mrp0yhxgctdw4eju6t0qyg8wumn8ghj7mn0wd68ytnvv9hxg7qfjge. Also I've enjoyed the back and forth.
Because of LN complexity the end result is everyone being honeypot surveilled by custodians like Wallet of Satoshi and calling it a day.
Monero makes privacy far more accessible for most users.
Why should users have to do this for privacy 👇 when they don't have to?
Make privacy more accessible and Monero would be unnecessary.
Enjoy your custodial altcoin. I’ll do the proof of work and teach others to do the same to keep the networks decentralized and secure
Only if you consider Bitcoin pub/priv key pairs custodial which would be odd.
Have fun in your pool of 0.01% super secret LN users
We all know everyone must first learn to become an engineer before driving a vehicle and that PGP was such an overwhelming success. Defaults and UX don't matter /s
I will thanks!
