Ha! Listening now. Thought I'd follow you and found out I already was!
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Zap zap zap
'The Lightning Network' Does Not Exist
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- Many people refer to the aggregate of all lightning channels as 'The Lightning Network' but this is a false premise. There is no singular 'Lightning Network' but rather many payment channels between distinct peers, some connected with each other and some not.
- Lightning as an interoperable payment protocol between professional custodians seems to have found solid product market fit. Expect significant volume, adoption, and usage going forward.
- Lightning as a robust sovereign payment protocol has yet to be battle tested. Heavy reliance on Tor, which has had massive reliability issues, the friction of active liquidity management, and lack of strong privacy guarantees put it at risk.
https://www.discreetlog.com/the-lightning-network-does-not-exist/
This sounds like saying "There is no cloud, just someone else's computer". Or more on point for you, there isn't "a Mempool". Put more precisely there isn't a singular Lightning Network but many peer to peer networks. It is a network though or set of networks. Better yet, a type of network.
Is this a distinction that is helpful? I'm not sure saying it isn't a network is helpful in understanding it. I think we are on the same page but maybe explaining it differently.
I'm not an expert on Lightning so if I'm missing something I welcome feedback on this commentary.
Realized this a few minutes ago. I searched for it yesterday on the App Store and didn't see it... Thanks
This is so much better than Twitter. I mean Twitter has sucked for years. I was pretty much done with it in 2015
They have great BS detectors. Well, my lady does.
What's the business model?
Donations?
I have donated and I'm sure many others have but it is not easy to support an open source project.
Yeah that is what I mean to be clear. Zeus is so good but curious for my iOS friends. I haven't been able to find anything close.
What ever would we do without the government! WHO WILL NOT MAINTAIN THE ROADS!
Is there something similar to Zeus on iOS?
Was listening to Saifedean's Bitcoin Standard podcast and this clip really hit me as a great explanation of the problem with government(central planned) institutions/services.
https://fountain.fm/clip/ibID8MKezW4mLPnO0BIX
People assume there isn't enough money in the private sector for hospitals so the solution is to have the government take the money from the private sector and use it to fund hospitals. So basically they launder money through the government and suddenly hospitals are free? What are the trade offs? The currency is destroyed and the opportunity cost(how the people who were taxed would have used the money).
The argument is that hospitals can't operate with the profit motive alone, yet many other things do work just like this. What magical spell changes the money when the government takes it? How does the government make this work? Actually it makes it worse because it removes the incentives or rather changes them. It distorts them so that the customer is disconnected from the equation.
So when do the boomers become aware of Nostr and start fretting about this dangerous free speech site(predicting how wrong they will get it). #Nostr
Just because you are right doesn't mean you _have_ to be a jerk about it. I mean, especially with people you care about.
Advice from your uncle Bob
Many people think the US media used to be trustworthy and good. Hard to believe that claim when you learn about how many in that group covered up the truth of what was going on in the Soviet Union. It is appalling.
Been reading and watching stuff on the Soviet Union lately and it is appalling to me how little focus is put on this in government schools. The level of evil is hard to comprehend.
I love reading history, reminds me that often the media, politicians, and arts support some of the most evil things. In the 30's Mussolini was featured in the lyrics of a popular Broadway tune by Cole Porter.
This might be harsh but honest first thought. A .eth probably doesn't understand the tradeoffs with decentralization. Not ragging on Mastodon because before Nostr it was probably the best decentralized option.