there is better shit you can build than a relabeled custodian protocol
cashu was great until it became the new “it must be in everything” like NFTs and blockchain were
Discussion
also you very well know I am building new relay infrastructure while no one else is giving a shit about it 🤣
and i'm in some part of this too, and doing similar things with my projects, as well as nobody paying attention, and some of my things are going into what nostr:nprofile1qyt8wumn8ghj76rfwd6zumn0wd68ytnvv9hxgtcpr9mhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmd9uqsuamnwvaz7tmwdaejumr0dshsz9thwden5te0wfjkccte9ejxzmt4wvhxjme0qyv8wumn8ghj7mnxv33zumn0wdmksetjv5hxxmmd9uq3zamnwvaz7tmwdaehgu3wd3skuep0qqs99d9qw67th0wr5xh05de4s9k0wjvnkxudkgptq8yg83vtulad30gdx66cm is doing
just like gitcitadel, when we hit our releases everyone is going to think it came out of nowhere... lol, nope, it came out of GFY energy, which is "unpleasant" and "unpopular"
Open protocol means you don't need anyone's permission to become a major playa. 🤙
yeah, just to make a better solution and this forces people to follow your methodology
also, me and nostr:nprofile1qyt8wumn8ghj76rfwd6zumn0wd68ytnvv9hxgtcpr9mhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmd9uqsuamnwvaz7tmwdaejumr0dshsz9thwden5te0wfjkccte9ejxzmt4wvhxjme0qyv8wumn8ghj7mnxv33zumn0wdmksetjv5hxxmmd9uq3zamnwvaz7tmwdaehgu3wd3skuep0qqs99d9qw67th0wr5xh05de4s9k0wjvnkxudkgptq8yg83vtulad30gdx66cm are notable grumpy cats of the nostr dev community because most of you don't pay attention to important things like the self-sustaining use case of business communications (including associations and affinity groups) where there is mechanisms and money to flow into R&D as well as marketing... which requires auth, which requires a clean, extensible protocol, which requires a bit more listening to grumpy old engineers who actually know stuff about servers, protocols, encodings, cryptography and security
so, yeah, we sound grumpy
linus torvalds used to be grumpy too, now his project is degenerating into a bugfest
Yeah, too many hippies, not enough businessmen. They confuse their motivation to "do good" with their product "being good". To build a good product, you need to be a bit of a hard ass because that's the mentality that doesn't tolerate low quality or inefficient solutions. Nice people have low expectations, so their opinions carry little information.
The road to useless, buggy software is paved with the best of intentions.
I remember when you were so bullish on Cashu that you imbedded hidden nuts in the Nests website.
What pushed me away was:
1. Bad implementation choices (no support for Bitcoin script-like functionality and instead hardcoded)
2. It being misadvertised (cashu payments are instant but you completely lose any trustlessness)
3. Lack of focus on security
Well, it's still early. Maybe some of these can be addressed?
Too late, I have been pushing for some of those changes from very early on
i got calle to admit one time that ecash was precisely the same as a wildcat bank... but he never really changed his aggressive marketing to be more moderate and remind people that you gotta trust mints, and not just their honesty but their ability to maintain their infrastructure
Yeah or just don't trust them (too much) and just put a few bucks in there so it doesn't hurt when things go south.
that's close to a shitcoiners mindset.
trust in a world of trustless protocols? Yeah, NO.
I put about 10k sats on fountains custodial wallet to pay for podcasts.
I can afford to loose them.
The convienience is worth it.
It's like money in your leather wallet.
You risk to loose it or some pickpocket steals it.
So what? That's why most people don't put 1k $ in their pockets.
That's nothing to do with shitcoins, it's risk managment and game theorie (fountain can gain more in the long run if they don't rugpull people for 10k sats).
Its never sovereign when someone else’s money is pushing an agenda
Not when you are an HRF grant and ******** grant slut. (Sorry i know that is rude but i had to say it) 😂
What I tell people is that bitcoin is like a shared excel spreadsheet (ledger) where no one controls it. A custodial system is like an excel spreadsheet that one person controls. That being the case, if you're going to do that latter with wrapped bitcoin, you need to have a good reputation and earn trust. That was the mistake of cashu. Next time we do mints, they have to generate good reputations without rug pulls. Preferably using nostr and native taproot. And explain the trade-offs clearly to users.